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Tag: Asansol

  • Technosport flexes festive fit with Durga Pujo film and Bengal expansion

    Technosport flexes festive fit with Durga Pujo film and Bengal expansion

    MUMBAI: Pujo just got a wardrobe workout. Technosport, India’s fastest-growing activewear brand, has draped itself in festive spirit with the launch of its Durga Pujo campaign, ‘Fit for Pujo’, while simultaneously flexing its retail muscle in Bengal.

    The campaign, unveiled on Mahalaya, stars acclaimed Bengali actor Bhaswar Chatterjee, whose presence adds a homegrown touch of authenticity. Through poetic visuals and a lyrical voiceover, the film celebrates autumn’s first whispers, the joy of new clothes, and the season of light and renewal. It ties these cultural cues neatly with Technosport’s promise of stylish, performance-driven activewear.

    “Pujo is not just about new clothes, it’s about preparing for a season of energy, joy, and fresh beginnings,” said Technosport, head of marketing, Patralika Agrawal. “With ‘Fit for Pujo,’ we wanted to capture that spirit, making activewear feel as festive as it is functional.”

    The campaign launch coincides with two new exclusive brand outlets opening in Kolkata’s Mani Square Mall and Asansol’s Sentrum Mall, bringing Technosport’s nationwide tally to 21 stores. With Exclusive Brand Outlets (EBO) revenues doubling year-on-year and an 83 per cent conversion rate on footfalls, the brand is confidently striding towards its Rs 600 crore revenue goal for FY 2025–26.

    By weaving Bhaswar Chatterjee’s cultural resonance into the narrative and making a strategic push in the East, Technosport is betting big on Pujo as more than just a festival. It’s the season to dress, renew and move.

  • Day 17: FM Phase III bidding picks pace; winning price touches Rs 1116 crore

    Day 17: FM Phase III bidding picks pace; winning price touches Rs 1116 crore

    NEW DELHI: Bidding showed mild signs of picking pace as the number of channels being bid for also increased on the day seventeen of the e-auction for the first batch of FM Phase III cities. The cumulative provisional winning price touched about Rs 1116 crore at the end of the 68th round.

     

    With this, a total of 93 channels in 56 cities became provisional winning channels against their aggregate reserve price of about Rs 458 crore.

     

    Thus the summation of provisional winning prices surpassed the cumulative reserve price of the corresponding 92 channels by Rs 657.59 crore or 143.5 per cent.

     

    The cumulative provisional winning price has more than doubled at 102.8 per cent than the total reserve price of Rs 550.18 crore for the first batch of 135 FM channels in 69 existing cities.

     

    The Auction Activity Requirement rose to 100 per cent since 14 August, after being 90 per cent after the 37th round on 7 August.

     

    Information and Broadcasting Ministry sources said the channel allocation stage will continue as long as bids are received for any of the 135 channels.

     

    The thirteen cities for which bids have still not come are Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

     

    The demand in most cities fell by up to three per cent and by four per cent below the excess demand at the price in 60th round in Hyderabad.

     

    The Percentage Price Increment (in INR) applicable for the Next Clock Round was just one in Bengaluru, Chandigarh, Cochin, Guwahati, Jodhpur, Kanpur, Mumbai and Nashik.

     

    The highest provisional winning price in Delhi remained the same for the second consecutive day at Rs 169.16 crore (for just one channel), but rose marginally in Mumbai at Rs 122.81 crore (for two channels) while it was static in Bengaluru.

     

    Among cities recording more than Rs 10 crore, it rose marginally in Cochin at Rs 15.04 crore and Nasik at Rs 10.94 crore.

     

    Bengaluru with Rs 109.25 crore, Chennai at Rs 53.38 crore, Ahmedabad at Rs 42.68 crore, Pune at Rs 42.03 crore, Chandigarh at Rs 19.04 crore, Jaipur at Rs 28.34 crore, Hyderabad at Rs 18 crore, Patna at Rs 17.89 crore and Lucknow at Rs 14 crore remained static.

  • Day 16: Bidding slow for FM Phase III as winning price touches Rs 1090 crore

    Day 16: Bidding slow for FM Phase III as winning price touches Rs 1090 crore

    NEW DELHI: Bidding has begun to slow down though the number of channels being bid for has gone up on the sixteenth day of the e-auction for the first batch of FM Phase III cities. The cumulative provisional winning price touched Rs 1090 crore at the end of the 64th round.

     

    With this, a total of 92 channels in 56 cities became provisional winning channels against their aggregate reserve price of about Rs 451 crore.

     

    Thus the summation of provisional winning prices surpassed the cumulative reserve price of the corresponding 92 channels by Rs 638.71 crore or 141.5 per cent.

     

    The cumulative provisional winning price exceeded the total reserve price of the first batch of 135 FM channels in 69 existing cities – Rs 550.18 crore – by almost 98.1 per cent.

     

    The Auction Activity Requirement rose to 100 per cent, after being 90 per cent after the 37th round on 7 August.

     

    The thirteen cities for which bids have still not come are Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

     

    The demand in most cities fell by up to three per cent and by four per cent below the excess demand at the price in 60th round in Hyderabad.

     

    The Percentage Price Increment (in INR) applicable for the Next Clock Round was just one in Bengaluru, Chandigarh, Cochin, Guwahati, Jodhpur, Kanpur, Mumbai and Nashik.

     

    The highest provisional winning price in Delhi remained the same for the second consecutive day at Rs 169.16 crore (for just one channel), but rose marginally in Mumbai at Rs 114.66 crore (for two channels) and Bengaluru with Rs 109.25 crore.

     

    Among cities recording more than Rs 10 crore, it rose marginally in Cochin at Rs 14.18 crore and Nasik at Rs 10.72 crore.

     

    Chennai at Rs 53.38 crore; Ahmedabad at Rs 42.68 crore, Pune at Rs 42.03 crore, Chandigarh at Rs 19.04 crore, Jaipur at Rs 28.34 crore, Hyderabad at Rs 18 crore, Patna at Rs 17.89 crore and Lucknow at Rs 14 crore remained static.

  • HDIL Ent gets plex urge

    HDIL Ent gets plex urge

    KOLKATA: HDIL Entertainment, the 100 per cent subsidiary of the Mumbai-based real estate company, Housing Development and Infrastructure (HDIL), plans to have 70 multi-screen plexes pan India in the next couple of years. For setting up the cinema screens, the company has earmarked an investment of Rs 55 crore. The company’s multiplexes operate under the brand name – Broadway.
    HDIL Broadway CEO Mukesh Gupta is optimistic that both West Bengal plexes
    will be operational before Durga Puja

     

    HDIL Entertainment which reported a turnover of Rs 45 crore in the last fiscal of 2012-13, is aiming at notching up Rs 75 crore – Rs 80 crore by the end of the current fiscal 2013-14.

    In West Bengal, the company has signed a deal with mall developers for a four-screen plex Broadway at Asansol and three-screen plex at Durgapur.

    It is learnt that it will go for a lease agreement with Bengal Shristi for the Duragapur screens. Apart from this, it is looking at Burdwan and central Kolkata for expansion and Guwahati would be the preferred next destination in the eastern region. “Both the West Bengal plexes are slated to be operational before Durga Puja,” HDIL Broadway CEO Mukesh Gupta told indiantelevision.com.

    “By the month of October 2013, we plan to start 14 screens pan India and the total number of screens would be 35 by this year end. By the end of next year 2014, we are aiming at 70 multi-screen plexes,” he highlights.

    Of the Rs 55 crore investment needed, Rs 20 crore will be from internal accruals while a bank loan would account for Rs 35 crore, says Gupta.

    Broadway has around 14 operational plexes in Mumbai and four each in Kolkata and Indore. “We plan to open four screens at Kolkata, three in Delhi and two more in Mumbai by the end of the year,” the CEO says.

    It is interesting to note that two years ago the company planned to open around 120 multi-screen plexes by 2016 using the ownership model at an investment of Rs 450-500 crore. “Seeing the slow growth and not so conducive economic sentiment, we are looking at 120 screens in next three years to four years on a lease basis,” explains Gupta.

     

    HDIL Broadway has a four- screen multiplex, spread over 30,000 square feet and with a sitting capacity of 799 people in the city of Kolkata at present. Tickets are priced between Rs 150-Rs 200.

    Talking about the occupancy rate in Kolkata, he said the average occupancy rate is 48-52 per cent while “there are days like last week when the cinema halls were flooded with good movies, it was around 78 per cent also,” he says.

    “We have capitalised on the Salt Lake late-night movie-watching crowd and also the EM Bypass, Phoolbagan and Kankurgachi cinegoers in Kolkata,” reveals Gupta.

    Without giving much detail, Gupta said Broadway would soon open in central Kolkata.

    HDIL Entertainment is keen to tap the south market also for Broadway expansion, says Gupta.

    HDIL, the parent of HDIL Entertainment, was in the news recently for not paying interest arrears on a loan taken by it from Indiabulls Housing Finance, which it later paid up. Its share price dropped on the bad press.

    After a long consolidation of one and a half years, the HDIL share price broke out of the range, says Dhanpurna Commodities research head Puneet Rathi. “Falling below Rs 100 levels in January 2013, reflect a continuation of down trend in stock. After touching a bottom of Rs 26.1 on 6 August 2013 it bounced back on low volume,” he said.

    It is currently trading in the Rs 30 plus range.

    On Wednesday afternoon, the scrip was trading at Rs 32.85, up 0.61 per cent.