Category: iWorld

  • Lookup launches merchant app Lookup Biz

    Lookup launches merchant app Lookup Biz

    MUMBAI: Lookup, a free chat-based local commerce app, has introduced a merchant app called Lookup Biz, which provides a free suite of tools to showcase a business and connect it to the Lookup shoppers’ community.

    With the help of this app businesses can track their customers, respond to their queries and product searches. Moreover businesses can push their offers through geo-targeted push notifications. Businesses can even re-market their products to customers who have made purchases from their stores earlier by re-engaging with them. A separate section gives important business analytics, which helps merchants understand customers better and receive feedback on their offerings.

    It also gives businesses a way to manage bill cycles, invoicing and online payments. Lookup is also introducing a hyper-local advertisement network for offline merchants across Delhi, Mumbai, Pune and Bengaluru to promote their brand and reach out to shoppers in their vicinity of five to seven kilometers. Merchants will be able to reach out to the right target, living and looking for product. Lookup is powered by NLP and a functional AI. The app offers recommendations of various shops, request matching, and competitive product suggestions based on trends, special sales of new arrivals.

    Lookup Biz founder and CEO Deepak Ravindran said, “Lookup Biz is aimed at assisting our partner merchants to come on board with greater facility and reach out to customers in more effective ways. Besides smoothening out daily business tasks like managing invoicing and payments, the app also allows businesses to foster greater engagement with existing and potential customers through their mobile profiles and more targeted offers.” Lookup Biz app is also planning to come up with a cloud-based POS so that businesses can manage all their operations. The POS will include menu management, real time analytics, and receipts and invoicing, apart from this, future enhancements include allowing owners of a chain of stores to claim multiple stores either as a chain of a brand or as independent stores.

  • Lookup launches merchant app Lookup Biz

    Lookup launches merchant app Lookup Biz

    MUMBAI: Lookup, a free chat-based local commerce app, has introduced a merchant app called Lookup Biz, which provides a free suite of tools to showcase a business and connect it to the Lookup shoppers’ community.

    With the help of this app businesses can track their customers, respond to their queries and product searches. Moreover businesses can push their offers through geo-targeted push notifications. Businesses can even re-market their products to customers who have made purchases from their stores earlier by re-engaging with them. A separate section gives important business analytics, which helps merchants understand customers better and receive feedback on their offerings.

    It also gives businesses a way to manage bill cycles, invoicing and online payments. Lookup is also introducing a hyper-local advertisement network for offline merchants across Delhi, Mumbai, Pune and Bengaluru to promote their brand and reach out to shoppers in their vicinity of five to seven kilometers. Merchants will be able to reach out to the right target, living and looking for product. Lookup is powered by NLP and a functional AI. The app offers recommendations of various shops, request matching, and competitive product suggestions based on trends, special sales of new arrivals.

    Lookup Biz founder and CEO Deepak Ravindran said, “Lookup Biz is aimed at assisting our partner merchants to come on board with greater facility and reach out to customers in more effective ways. Besides smoothening out daily business tasks like managing invoicing and payments, the app also allows businesses to foster greater engagement with existing and potential customers through their mobile profiles and more targeted offers.” Lookup Biz app is also planning to come up with a cloud-based POS so that businesses can manage all their operations. The POS will include menu management, real time analytics, and receipts and invoicing, apart from this, future enhancements include allowing owners of a chain of stores to claim multiple stores either as a chain of a brand or as independent stores.

  • Q3-2016: Radio City revenue up 15%

    Q3-2016: Radio City revenue up 15%

    BENGALURU: Music Broadcast Limited (MBL), which runs Radio City, reported 14.9 YoY (year-on-year) growth in operating revenue (OpRev) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 64.80 crore as compared to Rs 56.39 crore for the corresponding prior year quarter. Revenue in Q3-2016 was 16.7 per cent higher QoQ (quarter-on-quarter) as compared to Rs 55.54 crore in the immediate trailing quarter.

    Note: (1) 100,00,000 = 100 lakh = 10 million = 1 crore

    (2) Margins have been calculated on operating revenue in this report.

    For the nine month period ended 31 December, 2015, (9M-2016, year to date or YTD), MBL reported 11.3 per cent higher OpRev at Rs 167.72 crore as compared to Rs 150.65 crore in the corresponding prior year nine month period. Though PAT in the current quarter and nine month period has reduced as compared to corresponding prior year periods, operating profit (Operating revenue minus expenses) has increased.

    The company’s profit after tax (PAT) in Q3-2016 declined 5.4 per cent YoY to Rs 16.17 crore (25 per cent margin) as compared to Rs 17.10 crore (30.3 per cent margin), but increased by more than a third (increased by 34.2 per cent) from Rs 12.05 crore (21.7 per cent margin). PAT for 9M-2016 declined 30.7 per cent to Rs 25.99 crore (15.5 per cent margin) from Rs 37.53 crore (24.9 per cent margin) in the corresponding period of the previous year.

    As mentioned above, Operating profit increased 22.1 per cent in the current quarter YoY to Rs 25.40 crore (39.2 per cent margin) as compared to Rs 20.80 crore (36.9 per cent margin) and increased 59.7 per cent QoQ from Rs 16.09 (29 per cent margin). Operating profit in 9M-2016 increased 17.6 per cent to Rs 56.01 crore (33.4 per cent margin) from Rs 47.63 crore (31.6 per cent margin) in 9M-2015.

    Expenses in Q3-2016 were 10.7 per cent higher YoY at Rs 39.40 crore (60.8 per cent of OpRev) as compared to Rs 35.59 (63.1 per cent of OpRev) and almost flat (reduced by 0.1 per cent) QoQ as compared to Rs 39.45 crore (71 per cent of OpRev). Expenses in 9M-2016 increased 8.4 per cent to Rs 111.71 crore (66.6 per cent of OpRev) from Rs 103.02 crore (68.4 per cent of OpRev).

    Jagran Prakashan numbers in brief

    MBL’s parent company, Indian publishing company Jagran Prakashan Limited (JPL) reported 22.5 per cent increase in YoY consolidated operating revenue in Q3-2016 to Rs 576.36 crore as compared to Rs 470.46 crore. JPL’s advertising revenue increased 28.5 per cent YoY to Rs 434.82 crore from Rs 338.35 crore. Circulation revenues increased two per cent to Rs 102.02 crore from Rs 100 crore. JPL’s PAT in Q3-2016 increased 40.1 per cent YoY from Rs 66.62 crore.

    For 9M-2016, JBL reported 17.1 per cent increase in operating revenue to Rs 1577.02 crore from Rs 1347.02 crore in the corresponding prior year nine month period, advertising revenue increased 22.6 per cent to Rs 1169.36 crore from Rs 954.17 crore, circulation revenue increased 3.5 per cent to Rs 302.36 crore from Rs 292.15 crore. PAT in 9M-2016 after extraordinary item (Rs 116.30 crore) more than doubled (up 104.3 per cent) to Rs 364.52 crore from Rs 178.43 crore in 9M-2015.

  • Q3-2016: Radio City revenue up 15%

    Q3-2016: Radio City revenue up 15%

    BENGALURU: Music Broadcast Limited (MBL), which runs Radio City, reported 14.9 YoY (year-on-year) growth in operating revenue (OpRev) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 64.80 crore as compared to Rs 56.39 crore for the corresponding prior year quarter. Revenue in Q3-2016 was 16.7 per cent higher QoQ (quarter-on-quarter) as compared to Rs 55.54 crore in the immediate trailing quarter.

    Note: (1) 100,00,000 = 100 lakh = 10 million = 1 crore

    (2) Margins have been calculated on operating revenue in this report.

    For the nine month period ended 31 December, 2015, (9M-2016, year to date or YTD), MBL reported 11.3 per cent higher OpRev at Rs 167.72 crore as compared to Rs 150.65 crore in the corresponding prior year nine month period. Though PAT in the current quarter and nine month period has reduced as compared to corresponding prior year periods, operating profit (Operating revenue minus expenses) has increased.

    The company’s profit after tax (PAT) in Q3-2016 declined 5.4 per cent YoY to Rs 16.17 crore (25 per cent margin) as compared to Rs 17.10 crore (30.3 per cent margin), but increased by more than a third (increased by 34.2 per cent) from Rs 12.05 crore (21.7 per cent margin). PAT for 9M-2016 declined 30.7 per cent to Rs 25.99 crore (15.5 per cent margin) from Rs 37.53 crore (24.9 per cent margin) in the corresponding period of the previous year.

    As mentioned above, Operating profit increased 22.1 per cent in the current quarter YoY to Rs 25.40 crore (39.2 per cent margin) as compared to Rs 20.80 crore (36.9 per cent margin) and increased 59.7 per cent QoQ from Rs 16.09 (29 per cent margin). Operating profit in 9M-2016 increased 17.6 per cent to Rs 56.01 crore (33.4 per cent margin) from Rs 47.63 crore (31.6 per cent margin) in 9M-2015.

    Expenses in Q3-2016 were 10.7 per cent higher YoY at Rs 39.40 crore (60.8 per cent of OpRev) as compared to Rs 35.59 (63.1 per cent of OpRev) and almost flat (reduced by 0.1 per cent) QoQ as compared to Rs 39.45 crore (71 per cent of OpRev). Expenses in 9M-2016 increased 8.4 per cent to Rs 111.71 crore (66.6 per cent of OpRev) from Rs 103.02 crore (68.4 per cent of OpRev).

    Jagran Prakashan numbers in brief

    MBL’s parent company, Indian publishing company Jagran Prakashan Limited (JPL) reported 22.5 per cent increase in YoY consolidated operating revenue in Q3-2016 to Rs 576.36 crore as compared to Rs 470.46 crore. JPL’s advertising revenue increased 28.5 per cent YoY to Rs 434.82 crore from Rs 338.35 crore. Circulation revenues increased two per cent to Rs 102.02 crore from Rs 100 crore. JPL’s PAT in Q3-2016 increased 40.1 per cent YoY from Rs 66.62 crore.

    For 9M-2016, JBL reported 17.1 per cent increase in operating revenue to Rs 1577.02 crore from Rs 1347.02 crore in the corresponding prior year nine month period, advertising revenue increased 22.6 per cent to Rs 1169.36 crore from Rs 954.17 crore, circulation revenue increased 3.5 per cent to Rs 302.36 crore from Rs 292.15 crore. PAT in 9M-2016 after extraordinary item (Rs 116.30 crore) more than doubled (up 104.3 per cent) to Rs 364.52 crore from Rs 178.43 crore in 9M-2015.

  • Reliance to launch Jio On Demand with over 450 TV channels

    Reliance to launch Jio On Demand with over 450 TV channels

    MUMBAI: The employee launch of Reliance Jio has raised the bar of expectation and filled the atmosphere with promise. And there are no better companies in India than Reliance when it comes to meeting expectations. The disruptive march that started since the announcement of Reliance Jio is now getting more and more exciting. India’s richest man Mukesh Ambani and his company is now set to disrupt the content consumption ecosystem with the launch of an on-demand content consumption service, which will also have live TV.

    Christened Jio On Demand, the service will be unveiled by April 2016.

    “The service will be launched with over 450 channels on board. We are in constant talks with broadcasters in order to make sure that Jio On Demand has a versatile catalog,” a company official told Indiantelevision.com on condition of anonymity.

    Jio On Demand is already available for Reliance employees. A user of the service said, “I connect it with my TV, I see content on my smart-phone and being a Reliance 4G subscriber, I have yet to face a bandwidth issue. The app is very user friendly and the interface is least complicated. I can see the millennials going crazy about this.”

    The app is available for both iOS and Android platforms, but only for Reliance employees and privileged consumers as of now. The pricing of the service is yet to be determined.

    A associate working closely on the Jio On Demand service added, “I think the app will only be available for Reliance Infocom 4G subscribers and will be bundled with a data pack. So the consumer will have access to both data and the app. I am very sure that the pricing will be reasonable and may set a new benchmark for data pricing in India.”

    Reliance Jio Infocomm’s social networking service Jio Chat was last year and is accessible to all for free. Reliance has already teamed up with the State Bank of India (SBI) to launch the digital wallet service called Jio Money. The service is expected to launch in the next few months, and will help consumers to make cashless payments. Amongst other services are also Switch-and-Walk, Jio Drive and music streaming service Jio Beats.

    “All the apps will have special and unique offerings, they are already rolled out for Reliance employees and are tested thoroughly so that once they come out commercially, they are a thrill for the users,” concludes the senior official.

     

  • Reliance to launch Jio On Demand with over 450 TV channels

    Reliance to launch Jio On Demand with over 450 TV channels

    MUMBAI: The employee launch of Reliance Jio has raised the bar of expectation and filled the atmosphere with promise. And there are no better companies in India than Reliance when it comes to meeting expectations. The disruptive march that started since the announcement of Reliance Jio is now getting more and more exciting. India’s richest man Mukesh Ambani and his company is now set to disrupt the content consumption ecosystem with the launch of an on-demand content consumption service, which will also have live TV.

    Christened Jio On Demand, the service will be unveiled by April 2016.

    “The service will be launched with over 450 channels on board. We are in constant talks with broadcasters in order to make sure that Jio On Demand has a versatile catalog,” a company official told Indiantelevision.com on condition of anonymity.

    Jio On Demand is already available for Reliance employees. A user of the service said, “I connect it with my TV, I see content on my smart-phone and being a Reliance 4G subscriber, I have yet to face a bandwidth issue. The app is very user friendly and the interface is least complicated. I can see the millennials going crazy about this.”

    The app is available for both iOS and Android platforms, but only for Reliance employees and privileged consumers as of now. The pricing of the service is yet to be determined.

    A associate working closely on the Jio On Demand service added, “I think the app will only be available for Reliance Infocom 4G subscribers and will be bundled with a data pack. So the consumer will have access to both data and the app. I am very sure that the pricing will be reasonable and may set a new benchmark for data pricing in India.”

    Reliance Jio Infocomm’s social networking service Jio Chat was last year and is accessible to all for free. Reliance has already teamed up with the State Bank of India (SBI) to launch the digital wallet service called Jio Money. The service is expected to launch in the next few months, and will help consumers to make cashless payments. Amongst other services are also Switch-and-Walk, Jio Drive and music streaming service Jio Beats.

    “All the apps will have special and unique offerings, they are already rolled out for Reliance employees and are tested thoroughly so that once they come out commercially, they are a thrill for the users,” concludes the senior official.

     

  • Spuul to premiere bollywood blockbuster ‘Prem Ratan Dhan Payo’

    Spuul to premiere bollywood blockbuster ‘Prem Ratan Dhan Payo’

    MUMBAI: Spuul, the popular online streaming service for Indian cinema content has added one of 2015’s biggest blockbuster movies, Sooraj Barjatya’s Prem Ratan Dhan Payo, to its premium catalogue of movies for viewing. The movie will be available on the web, mobile (iOS & Android) as well as on TV’s through Spuul’s Samsung, LG & Panasonic Smart TV apps, Airplay & Chromecast.  

    Keeping in line with Spuul’s strategy of adding fresh content to its library and reducing the gap between satellite and digital premiere, Spuul has brought this Salman Khan starrer to the platform the next day after its satellite premiere.

    Prem Ratan Dhan Payo is one of the most successful Bollywood movies for 2015. Starring Salman Khan, Sonam Kapoor and Neil Nitin Mukesh, it is a story about how a stern prince who is recovering from an assassination attempt four days before his coronation, is replaced by a jovial, heartfelt lookalike and the adventure that ensues.

    Speaking on this development, Spuul Global CEO Subin Subaiah said, “We are extremely happy to introduce one of the most successful movies of 2015 to our viewers across India, Pakistan, UK, US and Middle East. Besides providing constant tech support, we also will continue adding newer, fresh and indie content this year for our 12 million users.”

    Some of the latest additions to Spuul’s catalogue over the past few months are movies like Main Aur Charles, Jazbaa, Titli, Dum Laga Ke Haisha, PK and more.

  • Spuul to premiere bollywood blockbuster ‘Prem Ratan Dhan Payo’

    Spuul to premiere bollywood blockbuster ‘Prem Ratan Dhan Payo’

    MUMBAI: Spuul, the popular online streaming service for Indian cinema content has added one of 2015’s biggest blockbuster movies, Sooraj Barjatya’s Prem Ratan Dhan Payo, to its premium catalogue of movies for viewing. The movie will be available on the web, mobile (iOS & Android) as well as on TV’s through Spuul’s Samsung, LG & Panasonic Smart TV apps, Airplay & Chromecast.  

    Keeping in line with Spuul’s strategy of adding fresh content to its library and reducing the gap between satellite and digital premiere, Spuul has brought this Salman Khan starrer to the platform the next day after its satellite premiere.

    Prem Ratan Dhan Payo is one of the most successful Bollywood movies for 2015. Starring Salman Khan, Sonam Kapoor and Neil Nitin Mukesh, it is a story about how a stern prince who is recovering from an assassination attempt four days before his coronation, is replaced by a jovial, heartfelt lookalike and the adventure that ensues.

    Speaking on this development, Spuul Global CEO Subin Subaiah said, “We are extremely happy to introduce one of the most successful movies of 2015 to our viewers across India, Pakistan, UK, US and Middle East. Besides providing constant tech support, we also will continue adding newer, fresh and indie content this year for our 12 million users.”

    Some of the latest additions to Spuul’s catalogue over the past few months are movies like Main Aur Charles, Jazbaa, Titli, Dum Laga Ke Haisha, PK and more.

  • Percept Pictures releases first short film on YouTube

    Percept Pictures releases first short film on YouTube

    MUMBAI: In a bid to capitalise on the booming digital space, Percept Pictures has released its first short film titled (aids + b) ? on YouTube.

    Moreover, with a vision to empower the youth to tell their stories, Percept is looking to launch at least 25 new directors in the next five years regardless of the medium.

    The digital content created by Percept Pictures will be divided into three categories: 1) India, 2) Travel and 3) Socially Relevant content.

    The company will be experimenting with various formats like music videos, web-series, short films etc. Plans are also to create full length films for the digital space. Additionally, Percept is also planning to give young and aspiring filmmakers a chance to explore and create their own content.

    (aids+b)2 is a black comedy, which has been directed by Venky AV. The film has been promoted through social media networks. The film is about a 10 year old school boy whose life turns upside down on learning about the existence of a disease called AIDS. The primary intention of the film is to encourage open and right conversation on AIDS and not treat it as taboo. Though the idea is a serious one- to bust the myths around AIDS, the film is not. It is a light-hearted film while addressing a very grave issue and maintaining complete cinematic aesthetics.

    Percept Pictures chief operating officer Danny Mamik said, “The most important vision at Percept Pictures is to give the youth a platform to express themselves. Any young aspirational story teller whether from Mumbai or anywhere in this country should feel compelled to come to us to say their story and we will do our very best to give that story every opportunity to be heard and seen. We are very excited with this new pathway and hope that this charts a whole new territory in film making.”

  • Percept Pictures releases first short film on YouTube

    Percept Pictures releases first short film on YouTube

    MUMBAI: In a bid to capitalise on the booming digital space, Percept Pictures has released its first short film titled (aids + b) ? on YouTube.

    Moreover, with a vision to empower the youth to tell their stories, Percept is looking to launch at least 25 new directors in the next five years regardless of the medium.

    The digital content created by Percept Pictures will be divided into three categories: 1) India, 2) Travel and 3) Socially Relevant content.

    The company will be experimenting with various formats like music videos, web-series, short films etc. Plans are also to create full length films for the digital space. Additionally, Percept is also planning to give young and aspiring filmmakers a chance to explore and create their own content.

    (aids+b)2 is a black comedy, which has been directed by Venky AV. The film has been promoted through social media networks. The film is about a 10 year old school boy whose life turns upside down on learning about the existence of a disease called AIDS. The primary intention of the film is to encourage open and right conversation on AIDS and not treat it as taboo. Though the idea is a serious one- to bust the myths around AIDS, the film is not. It is a light-hearted film while addressing a very grave issue and maintaining complete cinematic aesthetics.

    Percept Pictures chief operating officer Danny Mamik said, “The most important vision at Percept Pictures is to give the youth a platform to express themselves. Any young aspirational story teller whether from Mumbai or anywhere in this country should feel compelled to come to us to say their story and we will do our very best to give that story every opportunity to be heard and seen. We are very excited with this new pathway and hope that this charts a whole new territory in film making.”