ITV

Tag: business expansion

  • Doms Industries inks 51 per cent stake in Super Treads to bulk up stationery play

    Doms Industries inks 51 per cent stake in Super Treads to bulk up stationery play

    MUMBAI: Doms Industries Limited has acquired a 51 per cent equity stake in Super Treads Private Limited (STPL) for up to Rs 6.12 crore, the company confirmed after a board meeting held on May 19. The strategic acquisition will be executed through a secondary share purchase, subject to due diligence and regulatory clearances.

    The move is aimed at strengthening Doms’ manufacturing base in the paper stationery segment and extending its reach in eastern India. STPL, which has been in operation for over two decades, has built its niche as an OEM supplier specialising in notebooks and paper stationery.

    “Our proposed acquisition of a majority stake in STPL is a key step in enhancing our manufacturing capacities and geographically diversifying our paper stationery infrastructure to efficiently reach our consumers, thus further strengthening our competitiveness in this segment,” said Doms Industries Ltd MD Santosh Raveshia.

    He added, “This investment aligns with our vision of leveraging our growing brand reputation and well-entrenched distribution network to deliver our unique and differentiated range of products at the most competitive prices. With Rakesh Maheshwari and his team, we have got this wonderful opportunity to partner with great technocrats, like-minded entrepreneurs who have a great zeal to offer something unique to the market. We are confident that this partnership would lead to significant long-term growth and value creation for all of us”.

    STPL promoter director Rakesh Kumar Maheshwari described the deal as a strategic inflection point. “This partnership represents a strategic milestone for our company, combining our manufacturing expertise with Doms’ national distribution capabilities and established brand. This collaboration will be instrumental in realising our full potential and enable us to explore opportunities, thereby unlocking new avenues for growth and innovation. In Doms, we have found a perfect strategic partner to help us pursue a brand-led business journey”, he said.

    Once finalised, STPL will become part of the broader Doms Group portfolio, which already includes Pioneer Stationery Private Ltd, Micro Wood Private Limited, Skido Industries Private Limited, Uniclan Healthcare Private Limited and associate firm Clapjoy Innovations Private Ltd.

    Marathon Capital Advisory Private Limited served as the strategic advisor to Doms on this acquisition.

  • Ambuja Cements seals CCI nod for game-changing Orient Cement buyout

    Ambuja Cements seals CCI nod for game-changing Orient Cement buyout

    MUMBAI: Adani-backed Ambuja Cements Ltd, one of India’s top cement makers, has laid the groundwork by securing the Competition Commission of India’s (CCI) approval for its acquisition of Orient Cement Ltd. With this regulatory nod, Ambuja is all set to mortar its dominance, brick by brick, as it paves the way for an industry power move that will set its expansion strategy in concrete.

    The deal, originally announced on 22 October 2024, involves a major takeover through a share purchase agreement. Ambuja Cements will acquire 7,76,49,413 equity shares, which make up 37.90 per cent of Orient Cement’s existing share capital. An additional purchase of 1,82,23,750 equity shares (8.90 per cent stake) will further bolster its holdings.

    But that’s not all—Ambuja is also rolling out an open offer to acquire up to 5,34,19,567 equity shares, representing 26 per cent of Orient Cement’s expanded share capital. The deal values the open offer at Rs 395.40 per share, putting serious weight behind Ambuja’s aggressive acquisition strategy.

    The green light from CCI came on 4 March 2025, with the regulator granting unconditional approval under Section 31(1) of the Competition Act, 2002. With no regulatory roadblocks, the cement giant is now positioned to finalise the transaction and accelerate its growth momentum.

    Ambuja Cements continues to make bold moves in the infrastructure and building materials sector. By bringing Orient Cement into its fold, Ambuja aims to boost its market presence and production capacity, cementing (pun intended) its leadership in India’s competitive cement industry.

    This strategic acquisition reinforces Ambuja’s commitment to expansion and efficiency. With regulatory hurdles cleared, the focus now shifts to execution—expect Ambuja to lay a stronger foundation for growth in the coming months.

  • Precision in global expansion: Empowering businesses through tailored leads

    Precision in global expansion: Empowering businesses through tailored leads

    In the present interconnected world, the quest for worldwide development isn’t simply a longing however an essential basic for organizations hoping to flourish in a cutthroat scene. Way to global achievement is loaded with difficulties, going from social hindrances to showcase immersion.

    As organizations set their focus on global business sectors, they are met with a different exhibit of chances and impediments. While innovative progressions have worked with network across borders, they have likewise strengthened contest, making it progressively challenging for organizations to stand apart in the midst of the clamor. Besides, each market accompanies its own special arrangement of difficulties, from administrative prerequisites to social inclinations, requiring a nuanced way to deal with development.

    In the pursuit of precision in worldwide development, platforms like ExportersIndia.com act as significant assets for organizations hoping to take advantage of global business sectors. With a huge network of suppliers, manufacturers and service providers, ExportersIndia.com offers an abundance of chances for organizations to interface with potential customers across the globe. By utilizing the platform’s advanced search functionalities and tailored lead generation services, organizations can distinguish and draw in with possibilities that adjust intimately with their contributions.

    The genuine worth of fitted leads lies in their capacity to sustain long term connections. By delivering customized encounters all through the customer journey, business can foster trust, faithfulness, and backing among their global audieance. Whether through targeted email campaigns, customized content, or interactive engagement stages, businesses can extend their connections with customers, positioning themselves as trusted partners rather than mere service providers.

    In the pursuit of global expansion, accuracy is fundamental. Tailored leads offer businesses a strategic structure for exploring the intricacies of worldwide business sectors with artfulness and viability. By utilizing stages like ExportersIndia.com and embracing information driven personalization, versatile techniques, and a customer-centric approach, businesses can open new doors for growth and establish themselves as global leaders in their respective industries. With accuracy as their compass, the world turns into a material whereupon organizations can paint their success story.
     

  • IN10 Media Network appoints Anup Chandrasekharan as COO of regional content

    IN10 Media Network appoints Anup Chandrasekharan as COO of regional content

    Mumbai: Anup Chandrasekharan has been appointed chief operating officer of regional content at IN10 Media Network to lead its expansion in the southern markets.

    He will report to Aditya Pittie and work closely with the network’s film division CEO Vivek Krishnani, and Juggernaut Productions (OTT) CEO Samar Khan.

    On this appointment, Chandrasekharan said, “I have always been fortunate to wear many hats in my career and manage unique multi-situational assignments. At IN10 Media Network, I look forward to expanding the network’s regional footprint.”

    He added, “Having made a significant positive impression along the journey, I am delighted to start a new challenge at IN10 Media Network and look forward to contributing to its growth story.”

    IN10 Media Network MD Aditya Pittie said, “Today, regional content is cutting across barriers and as content becomes platform agnostic, I believe it is the right time to enter the competitive market with great stories. With his experience in scaling businesses and creating disruption in the southern markets, I believe Anup will play a vital role in our growth plans by identifying new opportunities and strengthening our content studio portfolio.”

    Chandrasekharan has over three decades of experience in leadership positions across the media and entertainment industry verticals. At IN10 Media Network, he will oversee the development and supervision of projects for feature films and web series in Southern languages.

    Before joining the IN10 Media Network, Chandrasekharan was senior vice president & business head at Colors Tamil. In the past, he has worked in leadership positions in organisations like Star Suvarna, Zee Kannada, DNA Networks, and CNBC. He also launched Derana TV, a free-to-air Sinhalese entertainment channel, in Sri Lanka.

  • Nykaa Fashion expands its activewear portfolio by acquiring Kica

    Nykaa Fashion expands its activewear portfolio by acquiring Kica

    Mumbai: In a bid to strengthen its activewear portfolio, Nykaa Fashion, the multi-brand lifestyle e-commerce platform has announced the acquisition of the Indian activewear brand Kica.

    Founded by Aneesha Labroo in 2017, Kica was born out of the need to bridge the gap between stylish, high-quality products at an affordable price. “Having launched Nykd All Day last year, Nykaa Fashion now adds Kica to its portfolio, offering the growing active-wear community of athletes and everyday fitness seekers greater variety and curation in this category,” said the statement.

    “We welcome Kica into the Nykaa Fashion family to serve the growing demand for high-quality, fashionable, and functional activewear. With a strong vision to empower women to lead an active lifestyle, Kica is a brand that brings equal passion to product and community both,” said Nykaa co-founder and Nykaa Fashion CEO Adwaita Nayar. “We are excited to scale this brand further, alongside the dynamic and passionate entrepreneur, Aneesha.”

    Kica, along with other consumer brands like Nykd, Pipa Bella, Twenty Dresses, RSVP, Gajra Gang, IYKYK, and Likha, is an integral part of Nykaa Fashion’s market expansion this year, according to the statement.

    “Kica has found strong synergies with Nykaa Fashion’s positioning within the e-commerce landscape and its engagement with a wide network of customers around the country,” commented Kica founder Aneesha Labroo. “We are thrilled to be part of the Nykaa Fashion family and will continue to develop community initiatives that empower & motivate women to lead healthy, active lives. Movement develops confidence, and mental & physical wellbeing, bringing about a positive outlook that is truly transformational.”

  • Meta expands Facebook Reels to over 150 countries globally

    Meta expands Facebook Reels to over 150 countries globally

    Mumbai: Meta has announced the availability of Facebook Reels for iOS and Android to more than 150 countries across the globe. The company is also introducing better ways to help creators to earn money, new creative tools and more places to watch and create Facebook Reels. 

    “Watching video is half of time spent on Facebook and Instagram, and Reels is our fastest growing content format by far. We’re focused on making Reels the best way for creators to get discovered, connect with their audience and earn money. We also want to make it fun and easy for people to find and share relevant and entertaining content,” said Meta in a statement.

    Facebook Reels will be available in Feed, Groups and Watch. When viewing a reel, users can follow the creator directly from the video, like and comment on it or share it with friends. Meta is exploring ways to make it easier for creators to share Reels to both their Facebook and Instagram audiences, such as crossposting. 

    With this move, the company is creating a variety of opportunities for creators to earn money for their reels. The Reels Play bonus program, part of its $ one billion creator investment, pays eligible creators up to $35,000 a month based on the views of their qualifying reels. These bonuses have helped creators fund their reels creation and better understand what types of content works on Facebook. In the coming months, the bonus program will be extended to more countries.

    Building on deep experience in helping creators earn meaningful income from its monetisation products like in-stream ads and Stars, Meta is also building direct monetisation options for Facebook Reels through ad revenue share and fan support.

    “We’re expanding tests of Facebook Reels Overlay Ads to all creators in the US, Canada and Mexico, and to more countries in the coming weeks. We’re starting with two formats: banner ads that appear as a semi-transparent overlay at the bottom of a Facebook Reel, and sticker ads: a static image ad that can be placed by a creator anywhere within their reel. These non-interruptive ads enable creators to earn a portion of the ad revenue,” said the statement.

    Any creator in the US, Canada and Mexico who is part of the in-stream ads program is automatically eligible to monetise their publicly-shared reels with ads. By mid-March, these tests will expand to creators in nearly all countries where in-stream ads are available.

    Meta will also begin testing Stars on Facebook Reels in the coming weeks, so that people can buy and send them while watching reels to support creators. Both overlay ads and Stars are designed so that as more people view and engage with Reels on Facebook, creator payouts can grow.

    Brand suitability controls, including Publisher Lists, Blocklists, Inventory Filters and Delivery Reports for Banner and Sticker Ads in Facebook will be launched shortly. Reels in every region they are available, give advertisers more control over how their ads appear in places they don’t consider suitable for their brand or campaign. The company has been testing full-screen and immersive ads in between Facebook Reels since last October, and will roll them out to more places around the world over the coming months. Just like with organic content on Facebook, people can comment, like, view, save, share and skip them.

    In addition to the features announced last year, creators around the world will be able to access: 

    ·Remix: Create their own reel alongside an existing, publicly-shared reel on Facebook.

    ·60-second Reels: Make reels up to 60 seconds long.

    ·Drafts: Create a reel and choose to “Save As Draft” below the Save button. 

    ·Video Clipping: In the coming months, video clipping tools that will make it easier for creators who publish live or long-form, recorded videos to test different formats will be rolled out. 

    Over the coming weeks, following updates will be introduced to make it easier to create and discover reels in new places:

    ·Reels in Stories: Share public reels to Stories on Facebook, making it easy to share favourite reels with friends and giving creators more visibility and reach. Creators will also be able to create reels from existing public stories.

    ·Reels in Watch: Watch reels directly within the Watch tab. Tools to help create reels in the Watch tab are in the offing 

    ·Top of Feed: New Reels label at the top of feed to easily create and watch reels in just a few clicks.  

    ·Suggested Reels in Feed: Available in select countries, it will suggest reels that users may like in their Feed from people they do not already follow.

    Since launching in the US last September, Facebook Reels has seen creators like Kurt Tocci (and his cat, Zeus) share original comedic skits, author and Bulletin writer Andrea Gibson offer a reading of their published poetry, Nigerian-American couple Ling and Lamb try new foods, and dancer and creator Niana Guerrero do trending dances, like the #ZooChallenge.

  • Zee Group expands across South India; launches four regional news channels

    Zee Group expands across South India; launches four regional news channels

    Mumbai: Expanding its footprint across South India, Zee Group on Tuesday announced the launch of four digital news channels – Zee Tamil News, Zee Kannada News, Zee Malayalam News and Zee Telugu News to cater to the tech-savvy young viewers in the southern market.

     “It is a great feat for us to enter the South Indian market with digital news channels that aren’t just selling debates. We see a gap in honest, unbiased, and extensive on-ground reporting in these markets, and hence these channels will cater to fulfilling that gap. We aim to be the most trustworthy news brand of these markets,” stated CEO of South channels Purushottam Vaishnava.

    According to the data cited by the company, the internet penetration of South India is much higher compared to the rest of India. The time spent watching videos per day has also increased by 60–70 per cent over 2018–20, where 85 per cent of content viewed is non-English and 30 per cent in languages other than English or Hindi. “With 68 per cent of the population consuming news through digital platforms, Zee plans to address the need for a voice which can focus on the real on-ground situations,” it said in a statement.

    Zee Media founder and Rajya Sabha MP Subhash Chandra said, “It is indeed a great pleasure for us that we are launching four digital news channels in South India. Helmed by Purushottam and very capable editors – Manjesh Gopal, Ravi, Sebi Stanley and Bharat Kumar – I believe that we will be one of the most trusted news sources and set new benchmarks in the news media. We will soon be launching a news channel in Kashmiri language too.”

    The channels which will fall under India Dotcom Private Ltd have also launched a marketing campaign with a focus on the digital platform along with radio and TV.

    Udaya Kumar, who was appointed as the sales head for the south digital channels said, “We have carefully curated programming that caters to all the needs and wants of an educated viewer. Our focus is not just politics but includes a plethora of other genres like crime scene investigation, political satire, lifestyle, health, etc. Looking forward to some great work with this dynamic team and contributing to the revenue growth across all four south Indic languages.”

    The channels – Zee Tamil News, Zee Kannada News, Zee Malayalam News, and Zee Telugu News – will be available on the respective websites as well as YouTube platforms, social media platforms such as Facebook, OTT streaming platforms like Zee5 and others along with news aggregators like Dailyhunt, etc, said the company.

  • Jio Mart’s Sanjay Mishra joins Arzooo as VP of sales

    Jio Mart’s Sanjay Mishra joins Arzooo as VP of sales

    Mumbai: Sanjay Mishra has joined the Arzooo team as vice president of business development after seven years with Reliance Jio and its new retail arm, Jio Mart.

    At Arzooo, Mishra’s charter will be to drive Arzooo’s expansion and reach into tier-3 and tier-4  cities on its mission to power offline retail with technology and financial capability, making them competitive and scalable. He will be leading the sales organisation of Arzooo and providing leadership to its sales and business development teams. He will be spearheading Arzooo’s growth and expansion across the country.

    “We are having a phenomenal growth run with over 400 per cent YOY growth and are strengthening our leadership team to catalyse the same,” said Arzooo CEO and co-founder Khushnud Khan. “Pleased to have Sanjay on-board with us at Arzooo. His  extensive experience in offline distribution and the disruptive omni channel-led e-commerce space will help us shape our vision to transform offline retail.”

    Backed by 20+ years of cumulative experience in channel sales and revenue management, Mishra has displayed innate proficiency in sales & distribution, new business development of general trade, own retail & online space in FMCG, telecom & consumer electronics. He has managed sales challenges and visions of industry leading brands like PepsiCo, Vodafone India, Bharti Airtel, and Samsung electronics to name a few. In his last assignment at Reliance, Mishra was leading retail arm Jio Mart’s digital business as vice president, sales operation.

    “Arzooo journey has been very fascinating as it is making waves in the retail ecosystem. I am thrilled to be a part of this young and energetic team at Arzooo and excited about taking the enterprise to new heights,” said Sanjay Mishra on his new role.

  • Tribeca taps Ankush Kaul to lead sales & business expansion

    Tribeca taps Ankush Kaul to lead sales & business expansion

    Mumbai: Tribeca, the developers of Trump Towers in India has announced the appointment of Ankush Kaul to head the sales and marketing of the company.

    Kaul comes with diversified experience spread across the Indian real estate market, financial services and hospitality. Prior to joining Tribeca, he has held multiple leadership roles at notable real estate companies such as DLF, Ambience, M3M and Central Park where he has overseen sales in excess of a billion dollars.

    Welcoming Kaul to the team, Tribeca founder Kalpesh Mehta Developers said, “I am delighted to have someone as sharp and experienced as Ankush join the Tribeca team. In addition to his excellent track record in the real estate sector, his style of working and personality is an ideal fit for Tribeca. We’re in a great position to lead the luxury and premium residential sector in India and I believe Ankush will be a key asset to the Tribeca team. Being an asset-light developer, we’ve constantly introduced innovative projects in the country, and Ankush’s experience of selling aspirational homes and experiences aligns well with our ethos.”

    Kaul believes that given the liquidity growth in the market, the post Covid-19 cycle in the residential space is showing promising signs. With people spending more time indoors and enjoying their personal space, it has led to a substantial increase in customer’s intent to own carefully designed spaces. According to him, this is a great opportunity for Tribeca to play a key role in consolidating the market and bring forth their most valuable projects in the form of Trump Towers Delhi NCR and The Ark – Pune.

    “Being the exclusive representative of the uber-luxurious Trump brand in India, Tribeca has made a distinct name for itself in the luxury and premium real estate sector in India,” Ankush Kaul said. “They have ambitious plans of elevating the standards of residential real estate for the Indian homebuyers through their amazing value proposition, a strong leadership team, and extremely talented employees. I’m ecstatic to join them at this time of growth and look forward to working with Kalpesh, Harshwardhan, and the other stakeholders at Tribeca.’’

  • CavinKare forays into QSR segment with launch of Jango’z

    CavinKare forays into QSR segment with launch of Jango’z

    Mumbai: FMCG major CavinKare, as part of its retail expansion plans, has announced its foray into the QSR segment with a new brand – Jango’z. Launching its maiden outlet in Chennai, the company further plans to set up over 100 outlets across strategic locations in India by 2026.

    With the Indian QSR segment expected to reach Rs 827.63 billion by FY 2025, CavinKare is also set to bet big on the slice and bite segment through Jango’z with an aim of generating over 150 crore revenue in the next 5 years, said the company.

    “Our entry into the QSR space comes in line with our refreshed CavinKare 2.0 strategy,” said director – retail Manuranjith Ranganathan, commenting on the occasion. “Retail is one of the important divisions in CavinKare where we have made significant investments and have major diversification plans in the future as well. One of the steps in the direction is this entry with the launch of Jango’z that is set to disrupt the space with CavinKare innovation edge.”

    Jango’z is CavinKare’s first chain QSR brand with its first outlet in Perambur, Chennai. Spread across 1300 sq ft, the outlet serves a slew of delicacies and a lineup of refreshing mocktails. The outlets will also have a notable space where the customers can see their orders being cooked live. This outlet also features specially commissioned wall art, with the mascot from the Jango’z logo being incorporated into a fun comic strip.

    “With the segment poised to grow at a 15.4 per cent CAGR coupled with untapped potential tier 2 and 3 markets, we are confident that Jango’z will become a Rs 150 crore brand by 2026. The slice and bite space in the segment is at a nascent stage but we are positive that this will become the future of the QSR industry and we are happy to be leading the way with it being an important proposition at Jango’z,” Ranganathan further said.