Brands
PSU brands pave way for private brands
MUMBAI: It was almost 25 years back when all of us were familiar with HMT watches. They really ruled the market and even I remember in their slogan they called them as Time Keeper To The Nation. And their advertising message said if you have the inclination we have the time. And when they launched the quartz brand they said if we you have the inclination we have the exact time. Here they were emphasising the exactness to the correct time a quartz watch is supposed to deliver.
But in 1987 when the Tatas came to the market with Titan they came with lot of planning and a well thought out strategy to rewrite the watch industry which they ultimately did so. And within a matter of few years they dislodged HMT and just surged ahead by bringing in variety and innovation in all their marketing efforts. Be it distribution or product innovation they did it differently to only be the undisputed king in the watch business. From a watch brand they have moved into to a whole range of brand extensions and the latest being the launch of perfumes.
By the time we entered the 90s with liberal policies we saw several categories where private brands entered and started giving a tough time to the PSU brands. Let me recollect a few categories where private brands have made deep inroads.
Lubricants: This category was primarily dominated by the PSU brands due to their strong hold on distribution. As no private brands were allowed to sell their products through petrol stations. But that did not stop the private sector to push their products. Castrol was the first to aggressively market their product. Their strong communication strategy helped them gain good visibility to get into the consideration set. They used the bazaar trade for distributing their products and also cleverly opened outlets opposite petrol pumps to make easy availability of the product which gave the car owners one more choice apart from what the fuel station was stocking. They constantly kept innovating and improving their product offerings through strong R&D and became partners to many OEM automobile manufacturers. Today the private sector put together holds close to 40 per cent market share. We have several brands like Gulf, Elf and Tide water that also had their share in this market.
Insurance: Life insurance was synonymous with LIC. In fact the lingo that was used is LIC kar leya… Also since this PSU brand had backing from the government, the credibility scores were very high which helped them to gain loyalty as against the private brand. But today desk research say’s that LIC has only 50 per cent share and the combined private insurance brands control the balance 50 per cent. There are at least 10 brands which are fighting to get their pie in this highly competitive market which has lot of government norms that one has to adhere to. Most of these private brands have pumped in huge marketing spends to create awareness but besides that they also bought in the use of the online tool for people to buy polices, which is still lagging behind with the PSU brands. With the rapid penetration of internet and a younger population that will rule the Indian market these private sectors will have an upper hand to woo this new generation?
Airlines: The Indian skies were ruled by the Indian Airlines (Now Air-India). But over a period of time starting in the 90s we saw the downfall of the Indian Airlines as private operators flew in. There was a huge shift towards private airlines and the result being that Air-India only has 20 per cent market share according to published reports. In the airlines business service matters a lot and that’s where Air- India dipped very low to surrender their market; besides the constant staff and pilot issues have also eroded their equity over a period of time. And the continuous newness in the service and the competitive pricing by the private operators never allowed Air-India to regain their glory which they sat on for many years.
Telecom: BSNL and MTNL were the household names in the wired connection when it came to telephone. One had to wait for a long period of time to get a permanent connection. At one point of time having a telephone was a luxury but since the 90s with the advent of mobile connections it very soon became a necessity. While both the PSU brands are also present in the mobile space but I am unaware of their exact market share. Nearly 85 per cent market share is held by the private brands. Here again technology and aggressive marketing helped these private sector brands to hold the market with lot of ease as there is no fight or competition from the PSU brands.
While red- tapism and vested political interest has been by and large the deterrent for PSU brands to grow. We must also keep in mind that the mindset of Indian consumers have shifted and changed in the last few years. The new breed of Indian customers seeks value in whatever they buy and hence it is important for both the PSU brands and private brands to get their value proposition right. With internet within reach, the narrowing of buying decisions have become easier as with price comparison more product information is being provided by many aggregators. Unless there is huge overhauling done by PSU the story will not change and private brands will just keep on cashing them.
By Ganapathy Viswanathan, an independent communication consultant, in communication, branding and public relations.
Brands
Netflix India names Rekha Rane director of films and series marketing
Streaming giant bets on a seasoned marketer who helped build Amazon and Netflix into household names
MUMBAI: Netflix has put a proven brand builder at the helm of its films and series marketing in India, naming Rekha Rane as director in a move that signals sharper focus on audience growth and cultural cut-through in one of its most hotly contested markets.
Rane steps into the role after seven years at Netflix, where she has quietly shaped how the platform sells stories to India. Her latest promotion, effective February 2026, crowns a run that spans brand, slate and product marketing across originals, licensed content and new verticals such as games.
A strategic marketing and communications professional with roughly 15 years’ experience, Rane has spent much of her career building technology-led consumer businesses and new categories, notably e-commerce and subscription video on demand. She was part of the early push that introduced Amazon.in, Prime Video and Netflix to Indian homes, then helped turn them into everyday brands.
At Netflix, she most recently served as head of brand and slate marketing for India from March 2024 to February 2026, leading teams across media and marketing for global and local content portfolios. Before that, as manager for original films and series marketing, she led IP creation and go-to-market strategy for titles including Guns and Gulaabs, Kaala Paani, The Railway Men* and The Great Indian Kapil Show, spanning both binge and weekly-release formats.
Her earlier Netflix roles covered product discovery and promotion in India and integrated campaign strategy to drive conversations around the content slate, product awareness and brand-equity metrics.
Before Netflix, Rane logged more than three years at Amazon in brand marketing roles in Bengaluru. There she handled national and regional campaigns for Amazon.in, worked on customer assistance programmes in growth geographies and contributed to the go-to-market strategy for the launch of Prime Video India.
Her career began well away from streaming. At Reliance Brands in Mumbai, she worked on retail marketing for Diesel and Superdry. A stint at Leo Burnett saw her work on primary research for P&G Tide, mapping Indian shoppers’ paths to purchase. Earlier still, at Orange in the United Kingdom, she rose from sales assistant to store manager, running a team and owning monthly P&L for a retail outlet.
The arc is telling. As global streamers fight for attention in a crowded Indian market, executives who understand both mass retail behaviour and digital habit-building are prized. Rane’s career sits at that intersection.
For Netflix, the bet is simple: in a market spoilt for choice, sharp marketing can still tilt the screen. And with Rane now leading the charge, the streamer is signalling it wants not just viewers, but fandom.
Brands
Orient Beverages pops the fizz with steady Q3 gains and rising profits
Kolkata-based beverage maker reports stronger revenues and profits for December quarter.
MUMBAI: A fizzy quarter with a steady aftertaste that’s how Orient Beverages Limited, the company that manufactures and distributes packaged drinking water under the brand name Bisleri closed the December 2025 period, as the Kolkata-based drinks maker reported improved revenues and a healthy rise in profits, signalling operational stability in a competitive beverage market.
For the quarter ended December 31, 2025, Orient Beverages posted standalone revenue from operations of Rs 39.98 crore, up from Rs 36.42 crore in the previous quarter and Rs 33.53 crore in the same quarter last year. Total income for the quarter stood at Rs 42.24 crore, reflecting consistent demand and stable pricing across its beverage portfolio.
Profit before tax for the quarter came in at Rs 3.47 crore, a sharp improvement from Rs 1.31 crore in the September quarter and Rs 0.39 crore a year ago. After accounting for tax expenses of Rs 0.79 crore, the company reported a net profit of Rs 2.68 crore, nearly three times the Rs 0.99 crore recorded in the preceding quarter.
On a nine-month basis, the momentum remained intact. Revenue from operations for the period ended December 31, 2025 rose to Rs 117.66 crore, compared with Rs 106.95 crore in the corresponding period last year. Net profit for the nine months climbed to Rs 5.51 crore, more than double the Rs 2.18 crore reported in the same period of the previous financial year.
The consolidated numbers told a similar story. For the December quarter, consolidated revenue from operations stood at Rs 45.06 crore, while profit after tax came in at Rs 2.06 crore. For the nine-month period, consolidated revenue touched Rs 133.57 crore, with net profit of Rs 4.49 crore, underscoring the group’s improving profitability trajectory.
Operating expenses remained largely controlled, with cost of materials, employee benefits and other expenses broadly aligned with revenue growth. The company continued to operate within a single reportable segment beverages simplifying its cost structure and reporting framework.
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 7 February 2026. Statutory auditors carried out a limited review and reported no material misstatements in the results.
In a market where margins are often squeezed by input costs and competition, Orient Beverages’ latest numbers suggest the company has found a reliable rhythm not explosive, but steady enough to keep the fizz alive.
Brands
BCCL profit jumps 53 per cent in FY25 as tax bill shrinks
Revenue rises 4.3 per cent to Rs 10,209.33 crore while deferred tax gain lifts bottom line sharply
NEW DELHI: Bennett, Coleman and Company (BCCL) has posted a sparkling set of financial results for the year ended 31 March 2025, proving that there is still plenty of ink and gold left in the ledger.
Revenue from operations climbed a steady 4.3 per cent, reaching Rs 10,209.33 crore compared to Rs 9,786.44 crore the previous year. When you sprinkle in other income, which rose 8.9 per cent to Rs 949.36 crore, the total income for the media behemoth hit a healthy Rs 11,158.69 crore.
While the income grew at a modest pace, the bottom line tells a far more dramatic story. The real headline is the 53 per cent surge in annual profit. How did they pull off such a feat? While Profit Before Tax (PBT) saw a gentle nudge upward of 2.7 per cent to Rs 1,610.00 crore, it was a vanishing act by the taxman that really did the trick.
Total tax expenses plummeted by 32.4 per cent, dropping from Rs 468.76 crore down to Rs 316.97 crore. This was largely thanks to a swing in deferred tax, moving from an expense of Rs 156.02 crore in FY24 to a benefit of Rs 39.44 crore this year.
Total income rose from Rs 10,658.55 crore in FY24 to Rs 11,158.69 crore in FY25, marking a 4.7 per cent increase. Total expenses grew at a slower pace, up 3.0 per cent from Rs 9,306.06 crore to Rs 9,581.45 crore. Profit before tax inched up 2.7 per cent, moving from Rs 1,567.02 crore to Rs 1,610.00 crore. However, the standout figure was net profit, which jumped sharply by 53.0 per cent, climbing from Rs 1,042.03 crore in FY24 to Rs 1,594.73 crore in FY25.
Despite the rising costs of doing business across the globe, BCCL kept a tight grip on the purse strings. Total expenses rose by just 3.0 per cent to Rs 9,581.45 crore. By keeping costs lower than the rate of income growth, the company ensured that the final figure, a net profit of Rs 1,594.73 crore, was nothing short of a front-page sensation.
In a world of shifting digital tides, it seems the BCCL ship is not just steady, but sailing into significantly wealthier waters.
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