Date-wise News

In anticipation of the announcement that Interpublic Group of Cos.' plans to merge more than 75 of its agencies worldwide by the end of the year. Lowe Lintas & Partners Worldwide and McCann-Erickson Worldwide are in the process of uniting facilities in Fra

exchange4media Staff Jul 28, 2001 7:50 AM

Videsh Sanchar Nigam Ltd., (VSNL) has reported a 4.54 per cent decline in net profit at Rs 365.5 crore for first quarter ended June 30, 2001 as compared to Rs 383 crore in the same period of the previous fiscal.

exchange4media Staff Jul 28, 2001 7:48 AM

According to IDC, India and China, have purchased fewer computers in the second quarter of 2001. The main reasons cited are softer consumer spending and a decline in technology spending. At the same time, the global PC shipments have declined by 2 per cent

exchange4media Staff Jul 28, 2001 7:47 AM

It's being a roller coaster as far as adspend is concerned. Despite of a sales growth of 5 per cent by HLL, it slashed advertising by 6 per cent. ITC too slashed adspend by one per cent and Bata by 13 per cent. Whereas S Kumar's adspend went up by 209 per

exchange4media Staff Jul 28, 2001 7:47 AM

ITC's hotel business expansion and diversification into lifestyle retailing and greeting cards are estimated to add Rs 2,000 crore to the topline by 2006. The chain of Wills Sport stores is expected to contribute to the topline surge.

exchange4media Staff Jul 28, 2001 7:46 AM

Essel group chairman, Subhash Chandra, is willing to dilute his stake in Zee Telefilms below 50 per cent, in order to attract a global strategic partner. Zee Telefilms had earlier hired Swiss investment banker UBS Warburg to hunt for a strategic partner to

exchange4media Staff Jul 28, 2001 7:45 AM