Date-wise News

The debt-ridden BPL Ltd has finally decided to float a 50:50 JV with $21 billion Sanyo Electric Corporation. The company is scheduled to finalise this at a board of directors meeting on Tuesday, July 27, 2004.

exchange4media Staff Jul 27, 2004 7:10 AM

Madura Garments has tied up with four knitwear units in Tirupur and Ludhiana to thrust its innerwear foray. The company targets to hit the Rs 250-crore men’s premium innerwear market by October and the mid-priced market next year.

exchange4media Staff Jul 27, 2004 7:10 AM

Idea Cellular Limited plans to invest around Rs 1,200 crore across the country to improve its network capacity, covering three new circles and adding more towns during the current financial year. Of this, Rs 120 crore would be earmarked for Andhra Pradesh.

exchange4media Staff Jul 27, 2004 7:09 AM

While private FM radio operators may be reeling under huge losses, good times seem to be back for standalone radio manufacturers with the launch of 22 new stations across the metros.

exchange4media Staff Jul 27, 2004 7:08 AM

Fast-Food chain McDonald's plans to pump in another Rs 250 crore in Indian operations over the next two years to take its total investment in the country to Rs 1,000 crore, according to the chain's Indian joint venture partner, Mr Vikram Bakshi.

exchange4media Staff Jul 27, 2004 7:08 AM

Reversing the previous National Democratic Alliance Government's decision on banning condom ads on televisions, especially on the national broadcaster Doordarshan, the Health Ministry has now decided to aggressively push condom promotions.

exchange4media Staff Jul 27, 2004 7:06 AM

Luxury car manufacturer Daimler Chrysler India plans a new print ad campaign for its C-Class Mercedes. Hans Michael Huber, MD & CEO, said the campaign will hit media by the first week of August and focus on the latest facelift introduced in the car.

exchange4media Staff Jul 27, 2004 7:06 AM

MultiChoice Africa (MCA), a subsidiary of the MIH Group, an international player in entertainment, technology and e-commerce services, has added 24-hour news channel NDTV 24×7, to its current Indian offerings on the DStv platform.

exchange4media Staff Jul 27, 2004 7:05 AM

Rajat Sharma-promoted India TV has signed a distribution agreement with direct-to-home (DTH) service provider, Dish TV. The tie-up will help provide a wider, nationwide reach to India TV. Under the terms of the agreement, Dish TV will have exclusive rights to distribute the channel on its DTH platform.

exchange4media Staff Jul 27, 2004 7:04 AM

Synovate, the research arm of communications major, Aegis Group Plc, UK, has launched its business consulting practice in India. This practice will co-exist with the already established market research function of Synovate in India. It will have offices in New Delhi and Mumbai.

exchange4media Staff Jul 27, 2004 7:03 AM

Racing ahead with the changing market dynamics, Rediffusion has decided to add a new dimension to its strategic planning with an exclusive unit that would focus on both – brand and the consumer insights and, bridge the gap.

exchange4media Staff Jul 27, 2004 7:03 AM

ETC officials have strongly snubbed the issue of an anticipated merger with Zee Telefilms – a topic that has been doing the rounds in the media sphere. Currently, Zee holds 51% stake in ETC and has several senior-level officials in common.

exchange4media Staff Jul 27, 2004 7:02 AM