Date-wise News

After TV Today, it’s the turn of Cyber Media to go public. CMD of Cyber Media (India) Ltd, Pradeep Gupta, says the investor sentiment is positive on media stocks. “By May-end we will go public and I expect a big success,” he adds.

exchange4media Staff Mar 3, 2004 8:52 AM

After four years of price cuts, leading air-conditioner (AC) makers are set to increase prices this summer, mainly due to the unprecedented rise in steel prices. Market leader LG is expected to raise prices by around Rs 1,000 across all models, while Hitachi is planning to raise prices by 5-7 per cent. Samsung has already increased prices by 20 per cent.

exchange4media Staff Mar 3, 2004 6:54 AM

Coca-Cola India is gearing up for summertime by launching mango drink Maaza in 200-ml and 250-ml pack sizes across the country. In keeping with its affordability strategy for driving volume growth this summer, Coca-Cola India will soon launch fruit drink Maaza in 125 ml cartons and introduce 600 ml pack size for Coke and Fanta.

exchange4media Staff Mar 3, 2004 6:53 AM

With an average price decline of about 8 per cent to 10 per cent every year in the sector, the domestic colour television market is fast moving up the value chain in terms of technology and design. According to industry watchers, while the share of the entry level 14-inch CTV is expected to fall in the current year, the flat television segment is set to make rapid inroads. "We expect flat televisions to account for more than 20 per cent of sales of the market in 2004. Conventional televisions are getting outdated," points out an official from the Consumer Electronics and Television Manufacturers Association (CETMA).

exchange4media Staff Mar 3, 2004 6:51 AM

The AAAI has announced a 10-session workshop called ‘The Block – The Triple A Creative Workshop’. The workshop will help mid-level creative resources become Creative Directors.

exchange4media Staff Mar 3, 2004 6:50 AM

After a gap of five months, pay channels may soon light up small screens in Chennai homes again as the multi system operators (MSOs) and cable TV distributors are close to strike a deal with the satellite TV broadcasters, to renew the beaming of pay channels. However, the resumption of the service may see the monthly cable bill shoot up by Rs 100 or Rs 150 per month.

exchange4media Staff Mar 3, 2004 6:49 AM

Standalone supermarket stores that are not part of a multi-city or local chain of stores comprise over one-fourth of FMCG sales through modern format retail outlets. Defined as single self-service stores, standalones are an important supermarket store-type within the modern Indian retail environment. An ACNielsen India study indicates that higher penetration and customer relationships are a driving factor.

exchange4media Staff Mar 3, 2004 6:48 AM

P&G goes on a second price cut drive to gain volume in six months, slashes costs of Ariel and Tide by 20-50%. The conglomerate plans extensive advertising to emphasise the new price, brings in telly icons Tulsi and Savita to formally launch the new priced products.

exchange4media Staff Mar 3, 2004 6:38 AM

Subroto Sengupta, the doyen of Indian advertising, died in Kolkata on Monday. He was in his late seventies. Sengupta joined the British agency D J Keymer along with stalwarts like Tara Sinha, film director Satyajit Ray and S N Banerji. When Keymer’s shut shop, a handful of people including Sengupta set up Clarion Advertising, which has now morphed into Bates India.

exchange4media Staff Mar 3, 2004 6:36 AM

As per reliable sources at Sahara, the Subroto Roy group is launching a broadsheet daily edition for the city of Mumbai. The date of the launch has not yet been finalized and the company is still scouting the market for possible inroads into the readership graph. The newspaper is being designed from Sahara’s Delhi office and is in English.

exchange4media Staff Mar 3, 2004 6:35 AM

Electrolux Kelvinator has appointed Optimum Media Solutions (OMS) as its media planning and buying agency. The company's creative business, pegged at Rs 35 crore, is already with Mudra since November 2003.

exchange4media Staff Mar 3, 2004 6:34 AM

Arun Katiyar terminates his duty as Station Head, Bangalore, Radio City. In his over two-year association with the popular FM channel, he had undertaken the entire programming mandate. Market grapevine predicts his next move in the techno world. Katiar has been a prominent figure in the media space, and has spent nearly 20 years in the field.

exchange4media Staff Mar 3, 2004 6:33 AM

“We are expecting a listenership of more than 100 minutes in Kolkata.”

exchange4media Staff Mar 3, 2004 12:00 AM