Tag: Advertisement

  • Himalaya launches campaign for its lip care product

    Himalaya launches campaign for its lip care product

    MUMBAI: Winters are here and cosmetic companies are leaving no stone unturned to make the most of the weather.

    Himalaya has launched a series of three television commercials for the natural intensive lip balm. With humour as a backdrop, the advertisement campaign highlights the brand message – ‘Healthy lips make great conversations.’

    The campaign is conceptualised by KarishmaLintas and directed by Rahul Sengupta. Team KarishmaLintas said, “Humour has been our primary ingredient in this advertisement to connect with the youth and share the message that soft and beautiful lips lead to healthy conversations. The idea came by asking “what do people do with healthy lips?” Is it just a healthy smile or a whole lot of talking! With this idea in mind we came with the message “use a Himalaya lip balm taaki baatein sookh na jaye (don’t let your conversations run dry).”

    In all the three commercials, the TVC takes a humorous angle where it shows two friends, one who tends to get into trouble a lot and the other who cannot stop her due to her dry lips. It conveys the product benefit in a witty manner.

    On the campaign, Himalaya consumer products division business head Rajesh Krishnamurthy said, “The new lip care TVC uses a humorous situation to bring out the functional benefit of using a lip balm regularly. Dry lips are a common problem and we all have faced it sometime or the other. We wanted to build on the fact that healthy conversions are the key to healthy relationships. The message our TVC conveys is ‘don’t let your conversations run dry because of chapped lips.”

  • Ads piggyback kids

    Ads piggyback kids

    MUMBAI: The latest advertisement to hit television screens is testimony to the fact that advertisers can’t seem to get enough of children when it comes to publicising brands. And this includes brands which don’t target kids; not even remotely.

    The ad in question is for IDBI Bank and rolls with a little girl sitting beside her friend, saying she loves to eat ganna (sugarcane) but can’t until she gets a new set of teeth which is why her pal is busy peeling it for her. The commercial ends with a voiceover: ‘Bank aisa, dost jaisa’. Two other ads are part of the campaign conceptualised by Ogilvy & Mather (O&M) and have children speaking of their friends in different scenarios.

    O&M NCD Abhijit Avasthi exults: “When we started work on the new campaign of IDBI Bank, we were very clear that we are changing the campaign and not the values that the bank stands for. The idea we came up with does exactly this. In an innocent and charming way, we are telling people ‘What if a bank would do what a friend would do’. When you say something like this, you really don’t need to say much more.”

    Indeed, the ad has charmed its way into people’s hearts, especially on social media. But that doesn’t stop one from wondering what kids can possibly have in common with a bank!

    Again, this isn’t the first instance where children have been used to sell products and services which they have nothing to do with; be it detergents, power inverters, cars, insurance policies or e-commerce websites. So what is it about kids that advertisers find so attractive? Ad veteran Alyque Padamsee reasons that people notice kids more than they do adults. “It is heart warming to see kids on screen. And who does not love them?” says he.

    Padamsee gives the example of Vodafone’s earlier campaign. “Vodafone used a little boy and her dog for its ‘everywhere you go, our network follows’ campaign, and it worked for them. Everyone remembers the commercial and it beautifully conveys the message the telecom company wants to tell people.”

    “Anything in life can be told through the eyes of a child. It’s not difficult,” says BBDO’s chairman and chief creative officer Josy Paul who elaborates on the point by giving the example of the agency David (founded in 2000 by BBDO) and adds, “When you joined the agency you got a resignation letter, not an appointment letter. You had to resign from adulthood to join David. The whole philosophy was to think like a child.”

    The other factor is that kids today play an important role in family decisions, say buying a car. Remember the ad with the Sardar kid whose car doesn’t run out of petrol ever – that’s how Maruti Suzuki tried to convince people about the car’s performance.

    Ernst & Young consultant (media) Mihir Date goes to the extent of calling present-day children decision makers. “What they watch on television is what they want. For example, my nephew only watches Cartoon Network but wants everything shown on the channel, be it a kiddie product or not,” he says.

    Peer pressure too plays an important part where kids want what their friends have; points out Date, adding, “And marketers have been smart enough to understand the GenY. It is working in their favour to use kids in advertisements wherein both kids and parents get targeted.”

    There are enough and more examples where brands and their creative agencies have used situations or scenarios where kids fit in beautifully, and the overall image is always happy and colourful. Say Nerolac paints, now being promoted by Shah Rukh Khan, which earlier had the jingle ‘Jab Ghar Ki Raunak Badhani Ho’ with happy scenes of children prancing around while the walls of their homes are being painted in bright colours.

    However, there’s a flip side as well to using kids in commercials.

    Says ad film director Prahlad Kakar, “If the brand value or what they stand for is not woven well into the story, then the message will be lost.”

    Padamsee agrees: “Amitabh Bachchan and Shah Rukh Khan are all over the place. They endorse so many brands; do we remember which commercial stands for which brand? Hardly… Similarly, one might notice and love the kids in an advertisement but that doesn’t mean that people will remember the brand. Many a times, the ad gets noticed but the brand isn’t.”

    While this is an open debate, it’s true that putting children in the ad is a sure way of getting viewers to like it, most of the times at least…

  • TRAI presents its ad cap arguments

    TRAI presents its ad cap arguments

    MUMBAI: After nearly a week long argument from the News Broadcasters Association (NBA) and music channels – B4U, 9XM, Mastiii and M Tunes — it was time for regional players and the big daddy – the Telecom Regulatory Authority of India (TRAI) to present their side of the story on the ad cap.

    Among those who presented their case today were Polimer Media and south India biggie Sun TV. The channels brought to the fore a point from February 2011 when TRAI had confirmed that “there should not be any regulation at present on advertisement on both FTA and Pay channels.”

    It had taken this position in Petition No. 34(C) of 2011 in the TDSAT filed by a society called Utsarg against TRAI and several other broadcasters and content aggregators seeking a cap on television advertising time on the ground that these advertisements interfered with viewership of television programmes. The channels questioned the reversal in TRAI’s  stance today.

    Now, it was the turn of the TRAI to send its lawyer to make its deposition.  TRAI argued that it was right in taking recourse to  both the Acts – the Cable Networks Regulation Act 1995 as well as The Indian Telegraph Act 1885 and the TRAI Act – and it was empowered under both as broadcasters are licensees under the latter. To this, the bench comprising of Justice Aftab Alam and member Kuldip Singh said that if it already has the authority under the Cable TV Act then it should not have acted on the TRAI Act.
        

    However, TRAI argued that the Cable TV Act is applicable only to cable operators and the bench in turn responded that a broadcaster does not come under it then. TRAI claimed that they were merely interpreting section 7 (11) of the Cable TV Act of 1995 which says that the authority has the power to ‘seize equipment used for operating the cable television network’ if it is found to be breaching its other sections.

    On the laying of the ad cap regulation in Parliament, TRAI’s counsel said that it had submitted it to the relevant ministry. To this, the bench responded that the law decrees that it would become applicable only after it is accepted or rejected or modified in the house. All the actions TRAI takes won’t apply with retrospective effect. Hence if TRAI  prosecutes a broadcaster before laying in parliament would not that be a violation of fundamental rights was the question?  The argument was then that in such a situation it is beyond the jurisdiction of the TDSAT and comes under the ambit of the Supreme Court.

    One of the points raised by the petitioner channels was the possible misuse of the 12 minute ad cap regulation. It said that a broadcaster could have uneven advertising slots such as one minute of advertisement in the first 30 minutes while the next half an hour could have 11 minutes. Similarly the concept of clock hour too had its flaws. Hypothetically, a broadcaster could air 11 minutes of ads from7:49 pm to 8 pm and then another 11 minutes of commercials between 8:00 pm to 8:11 pm. That would mean TV viewers would be subjected to 22 minutes of commercials in an hour of television time, thus putting paid to TRAI’s mandate to maintain quality of service. To this, the TRAI claimed that all laws can be misused but then it doesn’t stop them from being made.

    TRAI will continue its arguments tomorrow.

  • Kolkata advertisement industry cashes in on Sachin frenzy

    Kolkata advertisement industry cashes in on Sachin frenzy

    KOLKATA: As Sachin Tendulakar got ready to draw the curtains on his glorious international Test cricket career of 24-years, the fervor started building up. And the people who gained the most from this fan frenzy are the advertisers in the City of Joy, who have increased the ad rates by approximately 30 per cent according to analysts.

    Interestingly, companies like Allahabad Bank, Century Ply, Exide, Hero, Rupa, Pincon, Ultra Tech Cement among others didn’t have an issue to cough up extra for the cricketer’s 199th match that kicked off at the Eden Garden on Wednesday.
    According to sources, Kolkata-based advertising company Sporting Frontier has charged around Rs 30 lakh for a package that includes two billboards and site-screen.

    “Advertisers did not mind in coughing up the extra amount being demanded,” said analysts, who think that the interest of the advertising fraternity around the event has been really high.

    Arun Sign Service director Ashif Kumar Biswas, said that it may be not be a very good time for the advertising industry but since the viewership has shot up drastically, companies are ready to spend extra. “However, ad rates are generally higher for cricket matches,” he added.

    And it’s not just the advertisers, many others too have benefitted from this interest-driven event. Arun Sign Service signed a deal with the Kolkata Police and the Cricket Association of Bengal to put up directional and way-finding signage and road direction campaign in and around Eden Gardens.

    Sources have confirmed that for the 50 signage that the company has put up, they have charged Rs 20 lakhs.

    Since the analysts believe that Sachin’s last competitive Test match in Kolkata has the same appeal as a world cup match with India in the finals, advertisers in Kolkata have not negotiated much. It seems when it comes to Sachin, money isn’t a big concern

    Biswas recalls the condition of Out of Home advertising in Kolkata a few months ago. Most of the billboards were just white spaces with telephone numbers, he said. “The advertising industry suffered because of the subdued economy. Usually, with the onset of the festive season, Kolkata’s advertising business awaits new opportunities. But it wasn’t the same this year,” said Biswas, also bringing to fore how as compared to last year, the clients this time reduced their ad spends by more than 40 per cent because of weak economy.

  • Q2-2014: TV Today reports Rs 12.83 cr as compared to loss in Q2-2013

    Q2-2014: TV Today reports Rs 12.83 cr as compared to loss in Q2-2013

    BENGALURU: TV Today Network Limited (TV Today) reported a PAT of Rs 12.83 crore for Q2-2014 as compared to a loss of Rs (-9.15) crore in Q2-2013. PAT for Q2-2014 was 0.7 per cent higher than the Rs 11.98 crore for Q1-2014.

     

    Its radio segment reported improved performance with a 27 per cent lower segment loss of Rs (-2.02) crore for Q2-2014, as compared to the Rs (-2.76) crore for Q2-2013 and 13.3 per cent lower loss as compared to the loss of Rs (-2.33) crore for Q1-2014.

     

    Let us look at the other results for Q2-2014 filed by TV Today

     

    Presently, TV Today runs four 24 hours news and current affairs channels, namely Aaj Tak, Dilli Aaj Tak and Tez in Hindi and Headlines Today in English.

     

    TV Today reported total income from operations of Rs 91.71 crore for Q2-2014, 36 per cent higher than the Rs 67.31 crore for Q2-2013 and three per cent higher than the Rs 88.85 crore for the immediate preceding quarter Q1-2014.

     

    TV Today’s TV broadcasting segment income from operations for Q2-2014 at Rs 87.62 crore was more than a third higher (higher by 35.2 per cent) than the Rs 64.56 crore for Q2-2013 and almost flat (two per cent higher) than the Rs 85.89 crore for Q1-2014.

     

    TV Broadcasting segment reported a profit from operations of Rs 21.27 crore for Q2-2014 as compared to the loss of Rs (-3.19) crore for Q2-2013 and almost flat as compared to the Rs 21.18 crore for Q1-2014.

     

    Its FM radio broadcasting segment reported a 54 per cent higher income from operations for Q2-2014 of Rs 4.08 crore as compared to the Rs 2.65 crore for Q2-2014 and 35 per cent higher than the Rs 3.02 crore for Q1-2014. As mentioned above, loss for Q2-2014 from FM radio broadcasting business was much lower as compared to y-o-y or q-o-q.

     

    Q2-2014 Total Expense at Rs 73.54 crore was almost flat as compared to the Rs 73.31 crore for Q2-2013 as well as the Rs 71.27 crore for Q1-2014.

     

    Production cost for Q2-2014 at Rs 8.06 crore was 10.6 per cent lower than the Rs 9.02 crore for Q2-2013 and the Rs 9.03 crore for Q1-2014.

     

    The network spent about six per cent more in Q2-2014 towards Advertisement, Distribution and Sales Promotion expenses at Rs 22.93 crore as compared to the Rs 21.67 crore in Q2-2013 and 16.4 per cent higher than the Rs 19.7 crore in Q1-2014.

     

    The company says that it has made a strategic investment of Rs 45.52 crore in Mail Today Newspapers (Mail Today) for entering into print media. Though Mail Today is in the initial stages of operations and is presently incurring losses, the company is confident of its future and profitability and consequently of carrying value of the investment.

  • Campaigning on the web? Get a certification, says EC

    Campaigning on the web? Get a certification, says EC

    NEW DELHI: The world has gone digital and so has the Indian political system. With more and more political parties using social media for election campaigns, the election commission (EC) has now directed the chief electoral officers of all states and union territories that details of the social media accounts of the candidates (besides the recognised political parties) who are contesting elections have to be communicated to the commission.

     

    Candidates and political parties will now have to keep the EC posted about their social media accounts and websites used for campaigning, expenditure incurred for maintaining the sites and development of advertisement. Besides, the model code of conduct will also become applicable on the social media.  

     

    According to the commission, a candidate having an account on Facebook, Twitter, YouTube or even apps, has to update the commission with their email ids.

     

    The EC has also stated that campaigning on the web will require pre-certification from competent authorities. No political advertisement can be released to any internet-based website, including social media sites without this pre-certification. This certificate is issued by the media certification and monitoring committees at the district and state level.

     

    Not only this, candidates and political parties in the statement submitted to the EC have to include all expenditure incurred on advertisements on social media. This includes: payments made to internet companies and websites for carrying their advertisements, money paid for developing such content for the web, as well as salaries and wages paid to the workers employed to maintain the social media accounts.

     

    The commission has also stated that the model code of conduct will be applicable to the content posted on the internet. However, the commission will consult the Communication and Information Technology Ministry on the content posted by persons other than the candidates and political parties.

  • News Broadcasters case on adcap to be heard by TDSAT on 31 October

    News Broadcasters case on adcap to be heard by TDSAT on 31 October

    NEW DELHI: The petition by the News Broadcasters Association (NBA) challenging the constitutional validity of the regulations of Telecom Regulatory Authority of India (TRAI) enforcing the ad cap is to come up for hearing on 31 October.

     

    The fresh date was fixed on a mention by counsel A J Bhambani for the NBA to the effect that the cases relating to general entertainment channels could not be clubbed with news broadcasters who had challenged the authority of TRAI to take decisions in the matter.

     

    Earlier on 30 August, the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) had listed the matter for 11 November.

     

    However, when some general entertainment channels including music channels approached TDSAT in various petitions, the Tribunal decided to club all the cases together and hear them on 21 October after counsel for TRAI told TDSAT during a hearing earlier this month that an anomalous situation had been created with some channels having accepted the adcap with effect from 1 October. It was therefore requested that the matter be resolved once and for all.

     

    It remains to be seen whether general entertainment channels will seek a change in date in view of the new date for the NBA case. However, counsel for some of the GECs told indiantelevision.com that TDSAT was expected to hear all matters together on 31 October.

     

    Meanwhile, TRAI had been forbidden on 30 August from taking any ‘coercive action’ against news channels who are not abiding by the agreement relating to advertisement time on news channels.

     

    The Tribunal also said that while the news channels will maintain weekly records of the advertising time per hour on a weekly basis, they will not be required to submit this to the regulator as being done at present and will only submit these to TDSAT at the hearing of the case.

     

    Bhambani had said on 30 August that a delegation of the Indian Broadcasting Foundation (IBF) had submitted a formula to the regulator but that did not preclude the broadcasters from challenging the validity of the Regulations. He also said that this was only a compromise reached between the broadcasters and the regulator and could not form the basis of penal action since it was not a regulation or legal provision. He had added that there were many members who were common to both the IBF and the NBA, and therefore the IBF had submitted a ‘proposal’ on 29 May this year, which the TRAI accepted. But this could not be construed as a regulation.

     

    Even otherwise, he argued that TRAI was only empowered by its own Act to make ‘recommendations’ on issues like advertisements and not bring about or enforce regulations and resort to prosecution.

     

    When the law was invoked by the Authority in May 2012, it was disputed by television broadcasters which had also challenged the jurisdiction of TRAI in this regard before the Tribunal.

  • Saregama Q1-2014 results subdued: Film & TV soaps segment profitable for first time

    Saregama Q1-2014 results subdued: Film & TV soaps segment profitable for first time

    BENGALURU: Saregama India Limited (Saregama) reported total income of Rs 35.81 crore, 5.01 per cent higher than the Rs 34.10 crore for Q1-2013, but 25.32 per cent lower than the Rs 25.32 crore for Q4-2013.

     

    Saregama’s Film and TV serials segment reported a profit before interest and tax of Rs 0.37 crore for the first time in Q1-2014, hence adding to the company’s profit.

     

    Saregama reported a PAT of Rs 1.83 crore for Q1-2014 which was 27.38 per cent lower than the Rs 2.52 crore for Q1-2013 and 21.12 per cent lower than the Rs 2.32 crore for Q4-2013.

     

    Let us look at Saregama’s other figures for Q1-2014

     

    The company’s net sales (net of excise duty) for Q1-2014 was Rs 12.82 crore, 12.55 per cent lower than the Rs 14.66 crore for Q1-2013 and 33.23 per cent lower than the Rs 19.20 crore for Q4-2013.

     

    Saregama’s license fees income for Q1-2014 at Rs 22.96 crore was 19.27 per cent higher than the Rs 19.25 crore in Q1-2013, but 20 per cent lower than the Rs 28.71 crore in Q4-2013.

     

    Saregama’s total expense for Q1-2014 at Rs 34.07 crore was 5.84 per cent more than Rs 32.19 crore y-o-y (as compared to Q1-2013), but 30.26 per cent lower than the Rs 48.85 crore q-o-q (as compared to Q4-2013).

     

    The company’s royalty payment for Q1-2014 at Rs 3.44 crore was 13.53 per cent more than the Rs 3.03 crore in Q1-2013, but was 10.18 per cent less than the Rs 3.83 crore paid in Q4-2013.

     

    Saregama’s provision for doubtful debts at Rs 2.11 crore was almost double the Rs 1.08 crore for Q1-2013, but less than a fifth (19.92 per cent) of the Rs 10.59 crore for Q4-2013.

     

    Saregama paid Rs 2.21 crore towards advertisement and sales promotion for Q1-2014 which was more than double (2.1 times more) than the Rs 1.05 crore for Q1-2013 and 57.7 per cent lower as compared to the Rs 3.83 crore in Q4-2013.

     

    Saregama’s cost of production of Films, television and portal at Rs 8.97 crore in Q1-2014 was 20.24 per cent more than the Rs 7.46 crore for Q1-2013 and 22.87 per cent lower than the Rs 11.63 crore for Q4-2013.

     

    The company’s profit from operations before other income, finance costs and exceptional items for Q1-2014 at Rs 1.74 crore was 8.9 lower than the Rs 1.91 crore for Q1-2013. For Q4-2013, Saregama’s incurred a loss from operations before other income, finance costs and exceptional items of Rs 0.90 crore.

     

    Saregama had other income of Rs 1.39 crore for Q1-2014 which was 48.87 per cent higher than the Rs 0.94 crore for Q1-2013 but less than a fourth (24.3 per cent) of the Rs 5.72 crore for Q4-2013.

     

    Saregama paid 30.56 per cent lower interest cost of Rs 0.50 crore for Q1-2014 as compared to the Rs 0.72 crore for Q1-2013. Its interest cost of Rs 0.61 crore for Q4-2013 was 18.03 per cent higher than the interest cost for Q1-2014.

     

    Let us look at Sargama’s segment results for Q1-2014

     

    Saregama’s Music segment had revenue of Rs 25.09 crore which was 7.55 per cent lower than the Rs 27.14 crore in Q1-2013 and 28.13 per cent lower than the Rs 34.91 crore for Q4-2013. Profit before tax and interest expense from this segment at Rs 9.31 crore was 22 per cent lower than the Rs 11.94 crore for Q1-2013 and less than half (47.5 per cent) of the Rs 19.60 crore for Q4-2013.

     

    Capital employed (segment assets minus segment liabilities) by Saregama’s Music segment for Q1-2014 at Rs 78.18 crore was 17.56 per cent higher than the Rs 66.5 crore and 3.2 per cent more than the Rs 75.75 crore for Q4-2013.

     

    Revenue from Saregama’s Film and Television serials segment at Rs 10.72 crore was 54 per cent more than the Rs 6.96 crore in Q1-2013 but 17.8 per cent lower than the Rs 13.04 crore for Q4-2013. Capital employed by the Film and Television serials segment (segment assets minus segment liabilities) for Q1-2014 was Rs 17.62 crore, which was 6.23 per cent lower than the Rs 18.79 crore for Q1-2013 and 12.86 per cent lower than the Rs 20.22 crore for Q4-2013.

     

    As mentioned above, this segment returned a profit before interest and tax of Rs 0.37 crore for the first time in Q1-2014 as compared to the losses in previous quarters.

  • Zee Learn reports PAT for Q1-2014 after 8 consecutive quarterly losses

    Zee Learn reports PAT for Q1-2014 after 8 consecutive quarterly losses

    BENGALURU: The last time that Zee Learn Limited (Zee Learn) reported a profit was for the Q3-2011, the second quarter since it commenced operations. The education player then reported loss for eight quarters and two financial years until Q1-2014 when it showed a PAT of Rs 3.25 crore as compared to a loss of Rs 3.36 crore in Q1-2013 and a loss of Rs 7.35 crore in Q4-2013. For FY 2013, Zee Learn reported a loss of Rs 21.22 crore. Zee Learn saw an improvement in operational EBITDA by Rs 5.69 crore in corresponding Q-o-Q.

    Let us look at the other financials of Zee Learn for Q1-2014

    Zee Learn reported Rs 33.52 crore as total income from operation for Q1-2014 as compared to Rs 23.34 crore in Q1-2013, registering a growth of 43.6 per cent. However, operating income was lower by eight per cent as compared to Rs 36.43 crore in Q4-2013.

    Zee Learn also had ‘Other Income’ of Rs 2.22 crore in Q1-2014, in Q1-2013, this was 0.3931 crore, while ‘Other Income’ was Rs (-0.5607) crore for Q4-2013. Other income includes Rs 1.8561 crore exchange gain on remittance of GDR issue proceeds.

    Total expense for Q1-2014 at Rs 30.95 crore was higher by 19 per cent as compared to Rs 26.01 crore for Q1-2013, but lower by 23.3 per cent than the Rs 40.37 crore in Q4-2013.

    Expense towards purchase of education goods and television content in Q1-2014 at Rs 12.28 crore was more than double (more by 117.8 per cent) as compared to the Rs 5.37 crore for Q1-2013 and 15.3 per cent lower than the Rs 15.08 crore in Q4-2013.

    Other expense for Q1-2014 at Rs 9.51 crore was lower by 8.4 per cent as compared to the Rs 10.38 crore in Q1-2013 and was 28.6 per cent lower than the Rs 13.32 crore in Q4-2013. Other expenses includes marketing, advertisement and publicity expenses of Rs 3.6028 crore and Rs 3.9683 crore for the quarter ended 30 June, 2013 and 30 June, 2012 respectively.

    Zee Learn CEO Navneet Anhal said, “The improved financial performance is a result of all brands in the Zee Learn bouquet performing well due to improved efficiencies. Our investments in each of the brands are continuing to payoff. This year Kidzee has registered almost 25 per cent growth in the number of operational centers (192 new centers added) significantly expanding our footprint in the country.”

    “Also, we have witnessed growth of 37 per cent in enrolments in our MLZS schools wherein average enrolments has moved up to 292 students in Q1 FY14 vis-?-vis 213 students in Q1FY13 largely on account of better academic content and its delivery model. Zee Learn’s school solution program ‘BrainCafe’ which has undergone business model change last year pre-empting the change in dynamics of school solutions, is also showing signs of acceptance across schools. Our offerings of educational content to ZeeQ are getting amazing responses from parents and industry alike,” added Anhal.

    Zee Learn says that the outlook for the Education business remains positive despite overall challenges in the Indian economy. The Company also sees good momentum in MLZS and Kidzee, overwhelming positive response in ZeeQ, India’s First Edutainment Channel for kids wherein Zee Learn provides content to the channel and huge potential in its newly revamped BrainCafe School Solutions.

    Zee Learn launched its first Global Depository Receipts (GDR) for value of $9.99 million which were subscribed by overseas investors on 21 May, 2013. The GDR issue was fully subscribed and the company allotted 56,17,977 GDRs at a price of $3.56 per GDR. Each GDR represents 10 (ten) underlying equity shares in the company and the GDRs are listed on the Luxembourg Stock Exchange.

  • Jayalakshmi Silks ropes in Dentsu for stronger brand campaign

    Jayalakshmi Silks ropes in Dentsu for stronger brand campaign

     MUMBAI: Expect a new TVC for Jayalakshmi Silks soon. This Kochi based textile retail brand has handed over its creative mandate to Dentsu Communications, which will work at taking the product advertisement one notch above.

     

    Dentsu was invited by the retail brand to handle their creative to attract more customers and build the next phase of the brands communication. “We are extremely upbeat about our Kochi operation. Jayalakshmi Silks is our second win after we won Jos Allukas as our first account. We are glad that we are partnering Jayalakshmi Silks, which is a brand of great repute in Kerala,” said Dentsu Communications CEO Arijit Ray.

     

    Dentsu Communications will take the brand on its next level of growth. Dentsu Communications national planning head Suresh Mohan Kumar added “Jayalakshmi is one of the strongest retail brands in Kerala. We are proud to partner them in taking the brand on its next level of growth.”

     

    The retail brand is looking at a total revamp of their brand communications. “We wanted a creative agency that could understand and cater to our exact needs. We have a distinct position in the category and to help maintain this leadership stance we have roped in Dentsu Communications,” informed Jalayalaksmi Silks managing partner Govind Kamathon.