ITV

Category: MAM

  • Amazon elevates Milind Pande to spearhead India marketing push

    Amazon elevates Milind Pande to spearhead India marketing push

    MUMBAI: Amazon Web Services has promoted Milind Pande to head of marketing for India and South Asia, as the cloud computing giant seeks to strengthen its grip on the country’s $7.2 billion market.

    Pande, who has spent six years climbing AWS’s ranks, was previously head  of independent software vendor marketing, overseeing the company’s startup and software-as-a-service portfolio. His elevation comes as AWS faces mounting pressure from Microsoft Azure and Google Cloud in India’s notoriously price-conscious market.

    The appointment reflects AWS’s determination to maintain its lead in a region where it has pledged $12.7 billion in infrastructure investments through 2030. Industry insiders suggest Pande’s promotion signals the company’s shift towards a more aggressive, marketing-led growth strategy as artificial intelligence adoption accelerates across Indian enterprises.

    Pande brings 16 years of diverse experience spanning telecommunications at Vodafone, media at Viacom18, and consulting at PwC. His track record with Fortune 500 companies and deep enterprise exposure positions him to drive AWS’s next phase of expansion in the subcontinent.

    The move underscores the strategic importance of India to AWS’s global ambitions, as tech giants battle for dominance in one of the world’s fastest-growing cloud markets. With competition heating up, Pande’s challenge will be translating AWS’s technical advantages into sustained market leadership through sharper brand positioning and customer engagement.

  • Venky’s hatches higher Q1 profits as poultry powers past feed cost squeeze

    Venky’s hatches higher Q1 profits as poultry powers past feed cost squeeze

    MUMBAI: In the corporate coop this quarter, Venky’s (India) Ltd has laid a golden egg. The poultry-to-oilseed giant reported a consolidated net profit of Rs 15.83 crore for the quarter ended 30 June 2025, up from Rs 15.78 crore a year ago, despite battling feed cost pressures and softer margins in its core poultry segment.

    Revenue from operations climbed 7.15 per cent year-on-year to Rs 865.83 crore, compared with Rs 808.02 crore in Q1 FY25. Total income stood at Rs 877.52 crore, buoyed by Rs 11.69 crore in other income.

    The company’s poultry and poultry products division remained the main profit roost, bringing in Rs 475.66 crore in sales, followed by oilseed at Rs 318.02 crore and animal health products at Rs 96.98 crore. Segment results showed poultry still feeling the heat with a loss of Rs 5.55 crore, while animal health (Rs 23.18 crore) and oilseed (Rs 10.05 crore) kept the ledger in the black.

    Expenses rose to Rs 855.75 crore from Rs 717.63 crore last year, driven by higher material costs (Rs 553.08 crore) and feedstock price volatility. Finance costs edged up to Rs 4.29 crore, while depreciation came in at Rs 9.21 crore.

    Earnings per share for the quarter stood at Rs 11.24, compared with Rs 11.24 in the previous quarter and Rs 9.44 a year earlier. On the balance sheet, total assets grew to Rs 2,09,115 lakh, while liabilities were steady at Rs 59,975 lakh.

    While the poultry flock faced headwinds, the diversified revenue mix helped Venky’s keep its Q1 nest egg intact proving that in this business, you can still rule the roost if you spread your wings wide enough.

  • Bombay Dyeing spins Q1 profit despite polyester pressure and realty slump

    Bombay Dyeing spins Q1 profit despite polyester pressure and realty slump

    MUMBAI: Bombay Dyeing is proving it’s not ready to fade into the background just yet. In its June 2025 quarter, the 146-year-old textile-to-real-estate player wove together Rs 11.48 crore in consolidated profit, only slightly off last year’s Rs 15.47 crore, despite feeling the tug of softer polyester margins and a sluggish real estate arm.

    Revenue from operations slipped to Rs 377.84 crore from Rs 450.97 crore a year ago, with polyester sales steady at Rs 360.51 crore, retail/textiles ticking up to Rs 14.09 crore, but real estate plunging to nil from Rs 65.42 crore. Other income gave the top line a lift at Rs 36.68 crore, taking total income to Rs 414.52 crore.

    Expenses eased to Rs 403.33 crore from Rs 452.69 crore, with raw material costs trimming to Rs 257.39 crore and other expenses at Rs 85.65 crore. Finance costs fell to Rs 3.61 crore, adding some breathing room, though depreciation held at Rs 7.84 crore.

    Segment results showed a Rs 4.38 crore loss in real estate (worse than last year’s Rs 13.94 crore profit), while polyester contributed Rs 7.14 crore and retail/textiles Rs 3.19 crore. Exceptional items were negligible this time, a stark contrast to the Rs 552.56 crore windfall last year.

    Tax adjustments including a Rs 5.97 crore prior-period reversal meant an overall tax credit, cushioning the bottom line. The quarter’s other comprehensive income surged to Rs 50.32 crore from a Rs 69.11 crore loss last quarter, thanks largely to equity investment gains, taking total comprehensive income to Rs 64.08 crore.

    With Rs 2,407.09 crore in net capital employed and polyester still its mainstay, Bombay Dyeing may have some creases to iron out in real estate, but the Q1 fabric shows enough colour to keep investors watching.

  • Tata Motors stalls as tariffs and slow sales dent Q1 performance

    Tata Motors stalls as tariffs and slow sales dent Q1 performance

    MUMBAI: From roaring engines to grinding gears Tata Motors hit a speed bump in Q1 FY26, with global headwinds and fresh US tariffs putting the brakes on growth. The automaker’s consolidated revenue slid 2.5 per cent year-on-year to Rs 1.04 lakh crore, while EBITDA screeched down 35.8 per cemnt to Rs 9,700 crore. Pre-tax profit before exceptional items halved to Rs 5,617 crore, as free cash flow reversed into a deep Rs 12,300 crore deficit.

    The group’s luxury arm Jaguar Land Rover (JLR) bore the brunt, posting its 11th straight profitable quarter but feeling the crunch of trade duties and a planned Jaguar wind-down. Revenue skidded 9.2 per cent to 6.6 billion euros, EBITDA margin shrank 650 basis points to 9.3 per cent, and EBIT margin dropped to 4.0 per cent. Profit before tax tumbled 49.4 per cent to 351 million euros, hit by tariffs of up to 27.5 per cent on UK and EU exports to the US though a late-quarter UK-US deal promises relief, slashing rates to 10 per cent from June and a subsequent EU-US pact trimming them to 15 per cent.

    Back home, the commercial vehicles division held steadier, with revenue down 4.7 per cent to Rs 17,009 crore but EBITDA margins inching up 60 basis points to 12.2 per cent. Passenger vehicles struggled, with an 8.2 per cent revenue dip to Rs 10,877 crore and EBIT margins reversing to -2.8 per cent.

    On a standalone basis, Tata Motors posted revenue of Rs 15,682 crore, down from Rs 16,862 crore last year, but revved up profit after tax to Rs 5,350 crore, powered partly by Rs 4,913 crore in dividends from subsidiaries. Net profit margin stood at 34.1 per cent, while operating margin clocked in at 12.28 per cent.

    Despite the slowdown, the group ended the quarter with consolidated liquidity of 5 billion euros, including 1.7 billion euros in undrawn credit lines. But with inventories shifting, costs climbing, and global trade still unpredictable, the road ahead could test Tata’s grip on the wheel.

     

  • Hindustan Foods cooks up profit rise as Q1 revenue nears Rs 1,000 crore

    Hindustan Foods cooks up profit rise as Q1 revenue nears Rs 1,000 crore

    MUMBAI: Hindustan Foods has served up a healthy quarter, dishing out a net profit of Rs 31.73 crore for Q1 FY26, up from Rs 27.25 crore a year ago, as revenue from operations nearly touched the Rs 1,000 crore mark. For the three months ended 30 June 2025, consolidated revenue hit Rs 994.69 crore, a 14.6 per cent year-on-year jump from Rs 868.08 crore, and a sequential rise from Rs 933.37 crore in Q4 FY25. Other income contributed Rs 3.44 crore, taking total income to Rs 998.13 crore.

    Expenses also climbed, with cost of materials consumed at Rs 778.50 crore, employee benefits at Rs 62.83 crore, and manufacturing and operating costs at Rs 51.67 crore. Finance costs rose slightly to Rs 20.47 crore, while depreciation and amortisation came in at Rs 20.92 crore.

    Profit before tax stood at Rs 42.06 crore, compared to Rs 36.24 crore in Q1 FY25. After accounting for Rs 10.33 crore in taxes, the bottom line settled at Rs 31.73 crore. Basic and diluted earnings per share held at Rs 2.69, up from Rs 2.38 a year earlier.

    On a standalone basis, revenue reached Rs 733.23 crore, up from Rs 639.66 crore last year, with net profit climbing to Rs 30.38 crore.

    With its production lines humming, Hindustan Foods has managed to whisk together rising sales and steady margins — a recipe it will hope to keep following for the rest of FY26.

     

  • Imagicaa coasts to profit ride despite dip in visitor-driven revenue

    Imagicaa coasts to profit ride despite dip in visitor-driven revenue

    MUMBAI: It’s been a rollercoaster quarter for Imagicaaworld Entertainment and not just in the parks. The theme park and hospitality operator posted a net profit of Rs 4,431.21 lakh for the quarter ended 30 June 2025, more than doubling sequentially from Rs 1,572.83 lakh in Q4 FY25, even as revenues dipped year-on-year.

    Revenue from operations stood at Rs 14,809.80 lakh, down 19.6 per cent from Rs 18,398.37 lakh in the same quarter last year, but up sharply from Rs 9,440.41 lakh in the preceding quarter. The Parks Division remained the star attraction, contributing Rs 13,104.08 lakh in revenue and Rs 4,250.13 lakh in segment profit. The Hotel Division added Rs 1,705.72 lakh in revenue and Rs 443.88 lakh in profit.

    Finance costs jumped to Rs 426.49 lakh from just Rs 39.30 lakh a year ago, while depreciation and amortisation expense rose to Rs 2,566.38 lakh. Advertisement, sales and marketing spend more than doubled quarter-on-quarter to Rs 1,492.96 lakh, signalling a push to draw in visitors.

    Total expenses came in at Rs 10,542.38 lakh, leaving a profit before tax of Rs 4,497.54 lakh, a drop from Rs 8,808.22 lakh in Q1 FY25, but a hefty rebound from Rs 1,624.76 lakh in Q4 FY25.

    On the balance sheet, total assets stood at Rs 1,85,260.83 lakh, with the Parks Division accounting for the lion’s share. Capital employed reached Rs 1,29,805.42 lakh, up from Rs 1,08,271.28 lakh a year earlier.

    While visitor-driven revenues took a dip compared to last year, Imagicaa’s ability to bounce back quarter-on-quarter suggests it’s strapping in for a steady ride through FY26 with the Parks Division firmly in the front seat.

  • MP Morgan Capital signs Nikhil Singhal to script global media strategy

    MP Morgan Capital signs Nikhil Singhal to script global media strategy

     MUMBAI: MP Morgan Capital has added a new chapter to its growth story and it comes with a media twist. The Singapore-based strategy management and corporate advisory firm has brought on board Nikhil Singhal as its global strategic media advisor, tasking him with steering its communications game across the Middle East, London, and Singapore.

    The appointment is more than just a title shuffle. Known for his expertise in public relations and image management, Singhal is expected to sharpen MP Morgan Capital’s corporate media services and give its global outreach a decisive edge. For a firm operating in some of the world’s most competitive financial hubs, that could mean turning strategic insights into headline impact.

    “This partnership will be a game-changer for Vigor Media Worldwide,” said Singhal, referring to his own media venture. “It will allow us to accelerate plans to strengthen and expand our offerings to both Indian and overseas clients.”

    For MP Morgan Capital, the move signals a doubling down on its advisory capabilities pairing financial acumen with media mastery. With Singhal’s appointment, the firm is positioning itself not just to navigate global markets, but to tell its story with the precision of a pressroom and the punch of a boardroom.
     

  • Concept PR showcases power of purpose-led communication with recent accolades

    Concept PR showcases power of purpose-led communication with recent accolades

    MUMBAI: Concept PR continues to strengthen its leadership in purposeful communication with recent wins that reflect its deep-rooted focus on relevance, creativity, and real-time impact. From building purpose-led narratives to driving timely public engagement, the agency has demonstrated its commitment to shaping conversations that matter.

    Among its most recent recognitions, Concept PR earned a Silver in the Sports category for its work on the Tata Mumbai Marathon 2025, bringing one of India’s most iconic sporting events to life through compelling narratives that unite communities, athletes, and partners alike. The agency also earned  a Bronze in the Health & Wellness category for Empowering Minds for Youth Mental Health, a campaign with ABET that addressed the urgent need to prioritise youth mental health and well-being. Another Bronze came in the Cause-Related – Public Awareness category for Tray It Right: Shoes Go Here!, a thoughtful initiative led by Mr. Anand Nichani of Magniflex India, which sparked conversations around civic responsibility and everyday public behaviour.

    Adding to the celebration, Concept PR was also recognised at the SABRE Awards South Asia 2025 for Real-time Engagement and Not-for-Profit Excellence. The Real-Time Engagement award was presented to Anand Nichani with Concept Public Relations India, while the Certificate of Excellence under the Not-for-Profit category was awarded for Building Tomorrow – One Changemaker At A Time, a campaign executed with the Salaam Bombay Foundation.

    Concept PR managing director Ashish Jalan shared, “At Concept, we have always believed that good messaging in sync with client objectives is key to successful communication. And to be acknowledged at platforms like IMAGEXX and SABRE is deeply encouraging. These wins are a reflection of our team’s passion to push creative boundaries while staying anchored in purpose. It is indeed a happy moment for me and I can only say that the team is making me really proud.”

     

  • Brand Street Integrated launches ‘BSI Flash’

    Brand Street Integrated launches ‘BSI Flash’

    MUMBAI: Brand Street Integrated announced the launch of BSI Flash, a dedicated division focused exclusively on strategic product sampling and trial programs.

    At a time when consumers are craving experiences over advertisements and trials over assumptions, BSI Flash promises to elevate the sampling game with smarter strategies, sharper targeting, and measurable impact.

    F.L.A.S.H. stands for: Feel → Listen → Act → Sample → Harness.

    A methodology that reflects the division’s human-first, insight-led approach to sampling.

    “With BSI Flash, we’re not just putting samples in our hands. We’re creating micro-moments of brand discovery, where consumers can experience a product in the right setting, at the right time, and in the right way,” said Brand Street Integrated CEO Surendra Singh. “From bustling modern trade outlets to hyperlocal residential societies and even transit hubs, BSI Flash has the planning precision and execution muscle to deliver results that go far beyond reach.”

    BSI Flash is designed to cater to a wide range of industries, from FMCG and personal care to health, wellness, and beverages – using a category-first lens. Every program is customized to fit the nuances of product usage patterns, audience segmentation, and contextual timing.

    Whether it’s sampling a health drink during morning commutes or introducing skincare essentials in women-centric community spaces, BSI Flash combines deep market understanding with operational agility.

    One of the key strengths of BSI Flash lies in its trained foot soldiers, promoters who do more than distribute. They engage. They educate. And most importantly, they convert. Backed by technology-driven real-time reporting, brands get access to live insights, feedback loops, and performance analytics, allowing them to optimize campaigns on the go.

    From modern trade and general trade retail environments to RWAs, corporate parks, transit zones like railways and airports, and even large-scale festivals or influencer-led drops. BSI Flash is equipped to take brands to where the consumers are.

    “We see sampling not as an afterthought but as a critical brand touchpoint,” added Brand Street Integrated national sampling head, Alok Rai. “With BSI Flash, the goal is simple: deliver not just products, but experiences that linger and lead to purchase.”

  • Spa before you fly Meghavi opens India’s first in terminal wellness lounge

    Spa before you fly Meghavi opens India’s first in terminal wellness lounge

    MUMBAI: Layovers just got a luxury upgrade. Meghavi Wellness, one of India’s largest spa chains, has unveiled three Air Spalounges at Mumbai International Airport’s T2, the country’s first-ever in-terminal wellness lounges built exclusively for air travellers. Strategically located at Level 3 (domestic, near gates 49 and 85) and Level 4 (international, near gate 47), these lounges transform the dead time between flights into a high-end health retreat.

    Unlike the traditional “quick-fix” airport spa, Meghavi’s Air SpaLounges are purpose-built for the jet set merging zero-gravity recliners, vibroacoustic therapy, lymphatic massages, and Ayurvedic treatments under one plush roof. The concept is simple: walk in, pick a therapy, and walk out lighter no bookings, no detours, no stress.

    Meghavi Wellness co-founder Megha Dinesh calls it “transit wellness reimagined as essential infrastructure”, noting that travel’s toll on the body goes beyond tired legs, it disrupts sleep, circulation, and mental balance. Fellow co-founder Prashant Jain highlights the exclusivity: from hot stone therapy and herbal potli massages to private shower pods and no-touch treatments, this model is unique in Indian airports.

    With the capacity to pamper 31 guests at a time, the Mumbai launch marks Meghavi’s 5th Air Spalounge and its 60th outlet nationwide. The sprawling lounges feature couple suites, four-hand therapy setups, ambient-lit cocoon zones, and an aroma retail corner for travellers to take the calm home.

    Members of the Meghavi Wellness Passport gain pan-India access to over 60 outlets, including spas in luxury hotels and malls, with perks such as complimentary 30-minute massages in cities like Delhi, Bengaluru, Hyderabad, and Pune.

    Every treatment is led by Meghavi’s 100-plus internationally trained therapists, blending traditional Indian healing with global techniques. Whether it’s a deep tissue detox or a jet lag recovery ritual, the focus is on one thing: making sure travellers take off feeling better than when they landed.