ITV

Tag: finance

  • ‘Super Regulator’ to replace TRAI, TDSAT

    ‘Super Regulator’ to replace TRAI, TDSAT

    MUMBAI: After scrapping the planning commission, the Modi government is thinking about clipping the wings of the Telecom Regulatory Authority of India (TRAI).

     

    According to a CNBC TV-18 story, the government is planning on a new super regulator for the communications sector. To be called Communications Commission, it will not only retain powers that TRAI enjoys, but also look into other matters concerning other regulators as well like Censor Board, some clearances from Ministry Of Environment, Competition Commission of India and the Department of Telecommunications.

     

    Moreover, the bill will also replace the Telecom Disputes Settlement Appellate Tribunal (TDSAT) with a new appellate body called the Communications Appellate Tribunal, which will have three members and a chairman. According to the report, this tribunal will also have the power to oversee dispute resolution.

     

    The communications bill seeks to replace all old and redundant legislations which include the Telegraph Act and TRAI Act. The Bill proposes a six member regulator with one chairman, who will have five year tenure. The member will include one each from sectors like telecom, broadcasting, finance, management, accountancy and either law or consumer affairs.

  • Turner International APAC appoints Shitiz Jain as Sr VP – Finance

    Turner International APAC appoints Shitiz Jain as Sr VP – Finance

    MUMBAI: Turner International is looking at tightening its bottom line and in pursuit of doing so has roped in Shitiz Jain, who takes up the role of senior VP Finance effective 17 March 2014.

     

    This executive new hire was announced today by Turner Broadcasting System International EVP & CFO Ray Hutton and Turner International Asia Pacific president Ricky Ow.

     

    Jain was most recently with Discovery Networks Asia Pacific as chief financial officer and head of corporate services. He will be responsible to lead Turner’s financial growth planning and assisting regional management to maximise financial results across the full portfolio of Turner’s kids, news and general entertainment brands, and businesses in the region.

     

    Commenting on the hire Hutton says: “Shitiz has more than 20 years of international financial management experience which we’re delighted to harness for this critical role within one of Turner’s most important regional operations. His track record in delivering growth and his evident commercial acumen and leadership skills, make him an ideal fit with Turner’s growth philosophy.”

     

    Jain will have a range of responsibilities which includes forecasting, budgeting and long range planning, defining and managing the achievement of goals, and providing financial analysis and counsel to all business heads. In this newly created role, he will develop a finance team that will be strategically aligned with the needs of the business. In addition, he will offer strategic and financial modelling support at both the Turner and Time Warner executive management level. 

     

    Supporting Hutton’s views Ow says: “Turner in Asia Pacific has ambitious growth targets which require robust financial support and I know Shitiz will serve as a key advisor for me in this regard. Shitiz’s strong CFO background and expertise in overseeing businesses across the Asia Pacific region will be undoubted assets for us as we take our business to the next level.”

     

    Jain joins Turner in Hong Kong after nearly 15 years at Discovery in India and Singapore, where his success in forging strong client relationships and creating new revenue opportunities, drove strong revenue and EBITDA growth. Prior to joining Discovery Networks, Jain served in a variety of financial, operating and strategic roles with Cargill Foods, Fujitsu ICIM and Phoenix Industries. 

  • Ms. Asha Gupta to head Tupperware Asia Pacific Region

    Ms. Asha Gupta to head Tupperware Asia Pacific Region

    MUMBAI: Ms. Asha Gupta, presently Managing Director, Tupperware India and Area Vice President, Tupperware Brands – Asia Pacific has been appointed as Group President, Asia Pacific with effect from January 1, 2014.  She will now be responsible for driving the growth and expansion of the entire of Asia Pacific region.

    Ms. Gupta took over the reins of Tupperware India in late 2004 moving from Europe where she was the Marketing Director for Tupperware Nordics. Under her leadership, the Indian business has posted stellar growth and the brand Tupperware is now virtually a household name in India. 

    Asha has also won several awards and accolades, both internal and external because of her achievements. She has been recognized among the 50 Most Powerful Women in Indian Business by Business Today in 2013.  Ms. Gupta has been featured in the prestigious Fortune India Magazine’s list of the ‘50 most powerful women in Business’ in both 2012 and 2013.  She has also been the recipient of the ‘Woman Leadership Award’ by CMO Council Asia in 2013. 

    Following her move, Mr. Puneet Narula has been appointed as the Managing Director for Tupperware India. He has been associated with Tupperware seven years and has been working closely with Ms. Asha Gupta in the capacities of CFO and more recently as Deputy Managing Director. In 2011, he led entry of Tupperware in Bangladesh which is considered among the new emerging markets for Tupperware.

    Prior to Tupperware, Mr. Narula worked in GlaxoSmithKline India for 10 years in various capacities in Finance and Business Development.

  • FameBox launches Exclusive Video Blog with Harsha Bhogle

    FameBox launches Exclusive Video Blog with Harsha Bhogle

    MUMBAI: FameBox, a multi-channel talent platform for digital media, has launched a new video blog in collaboration with Harsha Bhogle. Renowned cricket commentator and public speaker, Harsha Bhogle will share his views and insights on cricket and its legends on ‘Out of the Box with Harsha’. To begin with, the blog pays tribute to iconic Indian cricket legend Sachin Tendulkar who recently announced his retirement from international cricket. In the Sachin Tendulkar series of videos Harsha Bhogle talks about interesting moments and anecdotes about the cricketer starting from his early playing years.

    The video blog will be hosted on the FameBox Cricket channel on YouTube (http://www.youtube.com/user/FameboxCricket). Harsha will post a new video every week and will also regularly interact with his fans over social media to create conversations around the blog.

    “The video blog is an interesting new media form. It captures the essence of television without losing the easy informality of a conversation. Through these video blogs I will be hoping, effectively, to have informal conversations with you. These are new emerging mediums and they present fresh challenges. I do hope you like them.” said Harsha Bhogle. The video blog is part of a larger effort at developing Harsha Bhogle’s digital presence and the soon to be launched www.harshabhogle.com.

    FameBox provides a platform for established and emerging talentto develop an active and engaged community around their digital video content. ‘Out of the Box with Harsha’ is the first of such initiatives where FameBox will collaborate with popular and industry leading personalities to launch digital video properties.

    “We are elated that Harsha Bhogle has chosen FameBox to share his insights of cricket and give viewers an up close view of its legends with his fans. The video blog is an absolute delight for any cricket fan and presents a unique opportunity for fans to directly interact with Harsha as well as join the ongoing conversation around cricket,” said Dhruvank Vaidya, Head – Business Development and Finance, Four Cross Media, who will also head the FameBox business.“Digital video is being increasingly seen as a powerful medium for advertisers to connect and interact with their audiences.At FameBox, we are passionate about developing a wide range of content across genres, cultivating talent and taking existing talent to new heights.We will continue to provide more such opportunities to advertisers and audiences,” he added.

  • Zeel adds more zeal with Mihir Modi as CFO

    Zeel adds more zeal with Mihir Modi as CFO

    MUMBAI: Zee Entertainment Enterprises Ltd (Zeel) today appointed Mihir Modi as chief finance & strategy officer in place of Hitesh Vakil, who is now elevated as CEO – service excellence.
    Recognising his valuable contribution, the company has elevated Hitesh Vakil as the CEO – service excellence

    Hitesh Vakil has been with Zeel for the last 19 years, and has been an integral part of the company’s journey of over two decades. Recognising his valuable contribution, the company has elevated him as the CEO – service excellence, making him responsible of setting up a state-of-the-art shared service centre which will offer shared services across the group.

    Modi, a chartered accountant and post graduate in management from Indian School of Business (ISB), comes with over 16 years of experience spanning across M&A, strategy, finance and general management in diverse businesses across Europe, Africa and India in varied roles. His last assignment was as CFO-Darling Business (JV between Godrej and Darling Group) at Godrej Consumer Products Ltd. Modi as chief finance & strategy officer will be responsible for finance, strategy and business development.   

    Modi’s appointment is with effect from 10 October, 2013 and he will directly report in to Zeel MD & CEO Punit Goenka.

  • Big Boy Toyz Introduces 10 New Exclusive Surveillance Features for a Hassle Free Purchase of Pre-Owned Luxury Cars

    Big Boy Toyz Introduces 10 New Exclusive Surveillance Features for a Hassle Free Purchase of Pre-Owned Luxury Cars

    NEW DELHI :Big Boy Toyz, the specialized dealer of pre-owned and exotic luxury cars now gives you not one, but 10 reasons to buy from their showroom.

     

    Big Boy Toyz is known to have set a benchmark for their service and quality standards in the pre-owned luxury car segment. The team constantly ensures transparency in the operational and procurement policies. The diligent teamworkers at Big Boy Toyz follow a rigorous document and history check for each and every car before it passes on to become a Big Boy Toyz fleet member.

     

    To live up to the benchmark and in effort to raise the bar even higher, Big Boy Toyz gives you 10 points of surveillance each car goes through.

     

    Every car at Big Boy Toyz goes through 151 Quality Checks (Please see attachment) before it becomes ‘BBT Certified Pre Owned Car’. It is only after receiving a National Crime Clearance does a car become member of the Big Boy Toyz cars fleet. In sync with their transparency trait, Big Boy Toyz provides their customers with a detailed record of Insurance history in addition to Service History for body work, accidental work, as well as regular maintenance record. In case of minor rubbing on the body, prior information is given to the customers.

     

    Mr. Jatin Ahuja, President, Big Boy Toyz says “Quality and transparency is what our business thrives upon. Quality was the biggest apprehension when we first started, but not anymore. People who shop with us are aware that Quality is something they can never be uncertain about. In terms of exclusivity, the cars at our showroom have either done under 20,000 kms or are above the year 2010.”

     

    For all the mean machines at Big Boy Toyz, they offer warranty on engine transmission on 6 months or 15,000 kms whichever happens first. No car at BBT has its meter tampered or any system at default. Owing to its buy back guarantee program, Big Boy Toyz ensures the customers have a hassle free purchase and sale of any car from BBT, an assurance of a mere depreciation of 25% on the purchase value of the vehicle. The insurance and finance team provides the customers with precise financial alternatives about the prevailing loan status for each car being offered. Our procurement team ensure the physical file check by visiting the Regional Transport Officer.

  • abm communications completes 10 years in advertising; dons new look

    abm communications completes 10 years in advertising; dons new look

    NEW DELHI: abm communication, which has completed 10 years in the field of communication, has unveiled its new logo that encapsulates its core mission of ‘Raising the brand value of its Clients‘.

    The new logo design marks a new beginning for the agency whose mandate is to focus on growth, diversification and pan-India operations.

    Over the years, the Gurgaon-based agency promoted by its MD Abhijit Basu has focused upon building integrated marketing solutions for the brands that it handles. Today, ten years since its inception, abm commands a large footprint both as a communication agency and a marketing solution provider.

    Commenting on the occasion Basu said, “This moment, as we complete 10 years, the memories of the challenges, the efforts and the victories instill a sense of pride for the entire team because of which abm has grown by leaps and bounds. Today, abm represents a team of people with a fanatic‘s faith in the power of advertising. The confidence that our clients repose in us is also exhibited by the new business acquisitions which come mostly as references from our clients. In the coming years, we aim to further this association and consolidate our market presence”.

    This decade old communication agency started with a team of two people and one client. Today, the count at abm communication has grown to include a 50-member team serving 19 clients.

    At abm, the intent is to create result-oriented and clutter-busting pieces of creative communication that command attention. The accent is on solutions that profoundly affect consumer thinking and behavior.

    The company offers sharp, integrated and cost-effective solutions and consistently provides strategic solutions based on the understanding of the target. The intent of the Agency is to create ideas to fill the need of the brand and use every single element of communication, so that every penny spent is worth more to its clients. The methodology is simple, yet effective. Beginning by identification of the core idea, the Agency goes on to implement the core idea into every possible communication element and ties it all together in the appropriate medium.

    “The next thrust area for business that the Agency has identified is the communication in the digital medium, new activation domains etc. Now, the Agency is concentrating to work towards real, solid growth and recognition”, Basu further added.

    abm today enjoys a client portfolio across industry verticals like Fashion, Interior, Healthcare, Telecom, FMCG, Consumer Durables, Finance, Retail and Real estate. Some of the clients that abm handles are Dr Lal PathLabs, Axiss Dental, Dalmia Cement, SBL, Guardian Pharmacy, Muthoot Group, Evok, Oxigen, Pearl Academy, Urban Country, Aspiring Minds, SG, Manohar Lal Jewellers, Khaaja Chowk, and Moen.

     

  • Google’s Nikhil Rungta joins Yebhi.com

    Google’s Nikhil Rungta joins Yebhi.com

    MUMBAI: Google India country marketing head Nikhil Rungta has resigned from his post at the company to join Yebhi.com as chief business officer.

    Rungta will be responsible for the strategy, planning and execution of the company‘s sales, marketing and product development.

    Big Shoe Bazaar (brand owner of Yebhi.com) CEO Manmohan Agarwal said, “We are extremely happy to welcome Nikhil to the Yebhi team. He brings with him wealth of experience and knowledge after serving more than 15 years with leading organisations. We are confident that he will have a similar success at Yebhi.com.”

    Rungta said, “This is a new challenge and I am very excited as I get onto this new journey. I will be teeing off with a new TV campaign based on the concept of ‘Try and Buy‘. The new feature ‘Try n Buy‘ initiated by Yebhi will be the game changer for the E-commerce category and will help in taking the category to the next level. The campaign came from a deep understanding of how consumers buy online and the fact that one of the biggest barriers to purchase is lack of touch and feel of the product. Now the consumer can order products through Yebhi.com and only buy after trying or checking out the product.”

    Rungta was the country marketing head at Google since 2009. He was responsible for all Google products including Search, Youtube, Chrome, Google+, Android. Prior to Google, he was the head of marketing for Yatra.com where he was a part of the leadership team.

    His 15-year career in sales and marketing includes work across various categories like FMCG, Consumer Durables, Finance, IT and Travel Services.

  • Channel NewsAsia relaunches; adds Mumbai bureau

    Channel NewsAsia relaunches; adds Mumbai bureau

    MUMBAI: Asian news broadcaster Channel NewsAsia is ramping up investments and has set up new bureaus in Mumbai and across Asia as it expands its programming lineup.

     

    Channel NewsAsia has relaunched and moved from a live broadcast of 20 hours a day to a 24-hour cycle. The channel also has a new look and new programmes to help viewers better “Understand Asia”.

     

    The free-to-air channel already has a bureau in New Delhi. Going forward, it will add more bureaus. This will enable the channel to produce more original content and news stories for the additional hours of “live” broadcasting

     

    The channel is banking on digitisation that it hopes will reduce carriage fees paid to cable networks.

    The broadcaster has an on-going deal with news agency ANI in India. From India one will see more news on different topics like finance, business and entertainment.

     

    Channel NewsAsia MD Debra Soon said, “As the locus f the world economy shifts towards Asia, we believe we are well-positioned to deliver what we’ve been doing daily since 1999, and help audiences around the world better understand Asia. We have made substantial investments to provide more business content about Asia, from Asia. We intend to increase our lead in covering South East Asia better than other broadcasters operating here, and we will cover South Asia better. This is all part of the drive to deliver insightful documentaries and programmes for viewers, 24 hours a day, 365 days a year.”

     

    Channel NewsAsia’s re-launch was celebrated today with a Champagne Lunch with the channel’s partners and friends at its new Marina Bay Studio. Simultaneous parties were also held in Mumbai and Hong Kong to mark this milestone occasion.

     

    Increased news and business content and documentaries

     

    Business news at prime time is more than doubled. A new one-hour financial programme, ‘Business Central’, airs at 8 pm featuring key stories from the region’s financial hubs – Singapore, Mumbai, Hong Kong and Shanghai. The show will give viewers insights into daily developments in other key world financial centres from the bureaus in London and New York.

     

    Day-time market reports and key interviews will be conducted out of Channel NewsAsia’s latest facility in the Marina Bay Financial Centre, at the heart of Singapore’s new financial district.

     

    The Marina Bay Studio will be featured during a new one-hour lunchtime show, ‘Asia Connect’, which will bring together the market action from every trading day in Mumbai, Shanghai, Hong Kong and Singapore and keep viewers on the pulse of Asia. This studio is a result of the collaboration with DBS Bank.

     

    News content is increased by more than one-third. A daily additional newsbelt called ‘News Pulse’ from midnight to 6 am, tracks world developments overnight for Asia, with breaking news from the US and Europe. This will be followed by a new start to Asia’s day, with ‘First Look Asia’ from 6 am.
        

              
          

    With a line-up of new programmes interspersed throughout the channel, viewers are given an uninterrupted flow of news through the day:

     

    (1) First Look Asia

    (2) News Now
    (3) Asia Connect
    (4) Singapore Connect (Only on Channel NewsAsia, Singapore)
    (5) Business Central
    (6) Business Singapore
    (7) News Pulse

     

    Beyond the news, Channel NewsAsia is raising the depth of content about Asia with nearly 30 per cent more hours of current affairs programmes focused on the dynamism and progress of Asia. An example is ‘Power List Asia’, which looks at the core of Asian success stories through interviews with top CEOs and tycoons.

     

    ‘Extraordinary Asians’, meanwhile, profiles the exceptional Asians who inspire the community by contributing in extraordinary ways. ‘Boomtown Asia’ offers a preview of what Asian cities of the future might look like and what is being done now to help make existing cities sustainable, liveable and future-proof.

     

    New branding and on-air look: The launch is marked by the channel’s new branding and on-air look. “To be the Voice of Asian Progress” describes Channel NewsAsia’s unique positioning of capturing the exclusive stories unfolding in the region in all its diversity. The fresh graphics and colours reflect the channel’s celebration of the dynamism and energy in Asia, while the channel will stay true to its mission of helping viewers “Understand Asia”.

     

    All platforms: In such a dynamic environment, consumers would expect to have information whenever and wherever they are. Channel NewsAsia is already available via the iPhone, iPad and Android Apps. Its Android App will have enhanced features when relaunched later this year.

     

    The channel is also streamed “live” on both Channel NewsAsia (url: channelnewsasia.com ) and Livestation (url: livestation.com/en/cna_en) websites. It has entered into a strategic partnership with YouTube to provide even better quality services for viewers.

     

    Marketing initiatives: On the marketing front, Channel NewsAsia has launched a series of initiatives in the region, such as the partnership for the CEO World Forum held in Ho Chi Minh City on 11 January 2013.

     

    In March 2013, the channel is taking its discussion programme, ‘Perspectives’, on the road in Jakarta. To be recorded on location live, a panel has been invited to discuss the topic of Indonesia Rising. Speakers include Indonesia’s Investment Coordinating Board chairman Dr. M. Chatib Basri; Garuda Indonesia president, CEO Emirsyah Satar, the World Bank’s Country Director for Indonesia Stefan Koeberle and Indonesia’s Pertamina president, director and CEO Karen Agustiawan. The channel will launch more of such initiatives, like the Luminary Awards Forum in Singapore at the end of March.

  • Tyroo Direct to handle Yepme.com’s performance marketing

    MUMBAI: Fashion portal Yepme.com has partnered with performance marketplace Tyroo Direct for its performance marketing campaign.

    Tyroo Direct will be responsible for driving and delivering the performance marketing requirements of Yepme.com.

    Tyroo Direct business head Siddharth Puri said, “We are extremely pleased to be the affiliate partners for Yepme.com. Tyroo Direct is fuelling the growth of e-commerce companies in India through its extensive network of publishers across the globe. We work with almost all the e-commerce companies and deliver close to 4000 transactions daily for our clients. We are certain that with our expertise in the e-commerce space we will be able to offer value, relevant traffic and scale to Yepme.com.”

    Tyroo Direct will work closely with Yepme.com to drive transactions and cater to Yepme‘s customers across Metropolitan, Tier II and Tier III towns.

    Yepme.com CEO Vivek Gaur said, “The opportunity in the online apparel market is immense. The Indian apparel industry was estimated to be worth Rs. 1,876 billion in FY11; expected to grow at a CAGR of 8.7 per cent till FY16. Over the next 3-5 years, 15-20 per cent of the apparel market is expected to shift to the online space. Yepme is targeting a turnover of $25 million this year scaling up to over $500 million in the next 3-4 years. To achieve this growth and scale it‘s imperative for us to be associated with trusted partners and Tyroo Direct being the leader in online performance marketing space was an apparent choice.”

    Tyroo Direct works with publishers to deliver a variety of campaigns in categories such as e-commerce, Travel, Banking and Finance, Automobiles, Jobs and Matrimony.