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Tag: managing director

  • Tata Projects bags Rs 3,000 crore project in Chhattisgarh

    Tata Projects bags Rs 3,000 crore project in Chhattisgarh

    MUMBAI: Tata Projects Limited recently announced that its ‘Smart Cities Business Unit’ has been awarded Bharat Net project worth Rs 30.57 billion in Chhattisgarh. 

    The project involves laying of Optical Fibre Network that follows ring architecture with Internet Protocol – Multi Protocol Label Switching (IP-MPLS) technology.

     “We are very delighted to receive this prestigious project under the Central government’s ambitious Digital India initiative. We are confident that once the project is completed it will help in strengthening the State’s economy and enable local people to lead their lives with much ease” Tata Projects Limited managing director Vinayak Deshpande as quoted by Business Standard.

    About 2.6 crore people of the state will directly be benefit with this infrastructure development and important services including PDS, 102 (Free Ambulance Service) and 108 (Emergency service) will be effectively executed. This project will link 85 blocks and 5,987 gram panchayats across the 27 districts in the state by providing broadband and mobile phone connectivity.

    Tata Projects will lay 48 crore Optical Fibre Cable (OFC) Network across the state covering 32,466 kms resulting in high speed broadband between 1Gbps to 10 Gbps, which will be provided free of cost through Wi-Fi spots.

    The implementation period for the project is 12 months from starting of work.

  • Ajit Sawant joins KnightsAD as MD

    Ajit Sawant joins KnightsAD as MD

    MUMBAI: Indian performance-based AD network & global affiliate partners KnightsAD Digital Media Associates has roped in Ajit Sawant as the co-founder and managing director. Sawant will be based out of Mumbai and his role will involve ensuring delivery of business prospects and meeting advertisers’ targets. In addition, he will look after the company’s financial aspects and management of publishers.

    With nearly a decade’s experience in the value added services (VAS) industry, Ajit joins KnightsAD from Techzone – an Eros International company, where he was responsible for business development as well as employee and client relation management.

    KnightsAD CEO Malik Gilani said, “Ajit’s insights will bring a new dimension to the way we view our consumers. With his level of business intellect and work ethics, we are sure KnightsAD will achieve greater heights.”

    Sawant said, “My formative years in the VAS industry and in-depth study about this field, have helped me develop strong fundamentals in this space. Mobile advertisers are providing targeted and personalized ads to cater to different market segments.”

    Prior to his role at Techzone, Sawant has worked with digital distribution and new media company, Shotformats Digital Productions.

    KnightsAd recently announced its expansion into Sri Lanka and the middle eastern regions of the UAE, Kuwait and Qatar. The company has partnered with the leading telecoms and content companies in the new regions. Their partners include Oreedoo in Kuwait and Qatar, DU in UAE and dialog in Sri Lanka.

  • Ajit Sawant joins KnightsAD as MD

    Ajit Sawant joins KnightsAD as MD

    MUMBAI: Indian performance-based AD network & global affiliate partners KnightsAD Digital Media Associates has roped in Ajit Sawant as the co-founder and managing director. Sawant will be based out of Mumbai and his role will involve ensuring delivery of business prospects and meeting advertisers’ targets. In addition, he will look after the company’s financial aspects and management of publishers.

    With nearly a decade’s experience in the value added services (VAS) industry, Ajit joins KnightsAD from Techzone – an Eros International company, where he was responsible for business development as well as employee and client relation management.

    KnightsAD CEO Malik Gilani said, “Ajit’s insights will bring a new dimension to the way we view our consumers. With his level of business intellect and work ethics, we are sure KnightsAD will achieve greater heights.”

    Sawant said, “My formative years in the VAS industry and in-depth study about this field, have helped me develop strong fundamentals in this space. Mobile advertisers are providing targeted and personalized ads to cater to different market segments.”

    Prior to his role at Techzone, Sawant has worked with digital distribution and new media company, Shotformats Digital Productions.

    KnightsAd recently announced its expansion into Sri Lanka and the middle eastern regions of the UAE, Kuwait and Qatar. The company has partnered with the leading telecoms and content companies in the new regions. Their partners include Oreedoo in Kuwait and Qatar, DU in UAE and dialog in Sri Lanka.

  • BSNL offers cheaper data, free calls; Rs 1250 crore subsidy approved

    BSNL offers cheaper data, free calls; Rs 1250 crore subsidy approved

    NEW DELHI: State-run Bharat Sanchar Nigam Ltd. (BSNL) soon plans to reportedly bring a plan which will give neck and neck competition to Reliance Jio. BSNL chairman and managing director Anupam Shrivastava said that the was closely observing Jio’s performance and the market.

    Plans being considered by BSNL are — lifetime free-voice-tariff plans from January 2017 at Rs 2-4 cheaper than Jio’s offering. (Jio’s entry price is Rs 149) Free voice calls to all BSNL users including 3G and 2G. Mobile customers with broadband can also avail this offer. BSNL users can use home broadband to route outgoing mobile calls through the landline network.

    BSNL subsidy

    Meantime, the Indian cabinet has approved a compensation of Rs.1,250 crore for the deficit incurred in operating rural landline connections installed before April 1, 2002. The subsidy support to BSNL will be paid from the Universal Service Obligation Fund (USOF). The USOF, since inception in 2002, has provided subsidy to BSNL for the rural wireline connections installed prior to April 2002. A total of Rs.8,692 crore has been extended as USOF subsidy support till date.

  • BSNL offers cheaper data, free calls; Rs 1250 crore subsidy approved

    BSNL offers cheaper data, free calls; Rs 1250 crore subsidy approved

    NEW DELHI: State-run Bharat Sanchar Nigam Ltd. (BSNL) soon plans to reportedly bring a plan which will give neck and neck competition to Reliance Jio. BSNL chairman and managing director Anupam Shrivastava said that the was closely observing Jio’s performance and the market.

    Plans being considered by BSNL are — lifetime free-voice-tariff plans from January 2017 at Rs 2-4 cheaper than Jio’s offering. (Jio’s entry price is Rs 149) Free voice calls to all BSNL users including 3G and 2G. Mobile customers with broadband can also avail this offer. BSNL users can use home broadband to route outgoing mobile calls through the landline network.

    BSNL subsidy

    Meantime, the Indian cabinet has approved a compensation of Rs.1,250 crore for the deficit incurred in operating rural landline connections installed before April 1, 2002. The subsidy support to BSNL will be paid from the Universal Service Obligation Fund (USOF). The USOF, since inception in 2002, has provided subsidy to BSNL for the rural wireline connections installed prior to April 2002. A total of Rs.8,692 crore has been extended as USOF subsidy support till date.

  • 3M India appoints Debarati Sen as MD; Amit Laroya elevated to 3M Korea MD

    3M India appoints Debarati Sen as MD; Amit Laroya elevated to 3M Korea MD

    MUMBAI: 3M India, the Indian subsidiary of US multinational conglomerate 3M Co., has announced the appointment of Debarati Sen as managing director of 3M India Limited and 3M Lanka Pvt. Ltd. The appointment came into with effect from 1 June 2016. Sen has taken the responsibility from Amit Laroya, who led the company for the past three years and is now moving to 3M Korea.

    In her new role, she will focus on innovation, aligning the organization closely to customer needs in the Indian marketplace. She will also look after 3M India’s local capabilities in the form of industry leading customer innovation centers, multiple manufacturing plans and top notch talent across functions positions it well for growth.

    On the occasion of her appointment, Sen, said, “Having been part of 3M for more than two decades, I am committed to building further the strong position that 3M has built over the years in India. The focus will be stronger than ever to provide innovative solutions to the Indian customer and help drive value through local technology and manufacturing. The endeavour is to work closely with the government to help realize ‘Make in India’ project a success.”

    3M India is a publicly traded company on the Bombay Stock Exchange and National stock exchange and claims to have an annual sales of Rs.2,103 cr in financial year 2015-16).

    Sen joined 3M in 1996 and has been a part of the organization for over two decades now. She has worked across various verticals and held key positions including CMO and global business director at 3M. Currently, she is the acting director of corporate sales operation at 3M’s corporate headquarters in St. Paul, USA.

    3M former MD Laroya added, “I am glad to handover this position to someone who has a proven track record both in India and the US. 3M India will benefit from her experience and leadership.”

  • 3M India appoints Debarati Sen as MD; Amit Laroya elevated to 3M Korea MD

    3M India appoints Debarati Sen as MD; Amit Laroya elevated to 3M Korea MD

    MUMBAI: 3M India, the Indian subsidiary of US multinational conglomerate 3M Co., has announced the appointment of Debarati Sen as managing director of 3M India Limited and 3M Lanka Pvt. Ltd. The appointment came into with effect from 1 June 2016. Sen has taken the responsibility from Amit Laroya, who led the company for the past three years and is now moving to 3M Korea.

    In her new role, she will focus on innovation, aligning the organization closely to customer needs in the Indian marketplace. She will also look after 3M India’s local capabilities in the form of industry leading customer innovation centers, multiple manufacturing plans and top notch talent across functions positions it well for growth.

    On the occasion of her appointment, Sen, said, “Having been part of 3M for more than two decades, I am committed to building further the strong position that 3M has built over the years in India. The focus will be stronger than ever to provide innovative solutions to the Indian customer and help drive value through local technology and manufacturing. The endeavour is to work closely with the government to help realize ‘Make in India’ project a success.”

    3M India is a publicly traded company on the Bombay Stock Exchange and National stock exchange and claims to have an annual sales of Rs.2,103 cr in financial year 2015-16).

    Sen joined 3M in 1996 and has been a part of the organization for over two decades now. She has worked across various verticals and held key positions including CMO and global business director at 3M. Currently, she is the acting director of corporate sales operation at 3M’s corporate headquarters in St. Paul, USA.

    3M former MD Laroya added, “I am glad to handover this position to someone who has a proven track record both in India and the US. 3M India will benefit from her experience and leadership.”

  • Reliance Extends Recron® SHT Brand To Precot Meridian’s Sewing Threads

    Reliance Extends Recron® SHT Brand To Precot Meridian’s Sewing Threads

    MUMBAI: Reliance Industries Ltd. (RIL), one of the largest manufacturer of synthetic fibre in the world, has signed a co-branding agreement for polyester sewing thread yarn range manufactured by Coimbatore, based Precot Meridian Ltd. (Precot) – a leading yarn manufacturer and exporter of yarn and thread in India.

    As per the agreement, Precot will manufacture grey and coloured polyester sewing thread yarns, using Reliance’s Recron® SHT, the world’s best quality super high tenacity fibre. This yarn will then be sold, cobranded with Recron® SHT.

    The agreement was signed by Ashwin Chandran, Managing Director, Precot Meridian Limited at Coimbatore and Gunjan Sharma, Business Head, Polyester Staple Fibre Business, Reliance Industries Ltd. A memento in recognition of the partnership was also exchanged between the partners.

    While commenting on the agreement Ashwin Chandran said “We have been a consumer of Reliance Polyester Fiber for several years and we are very happy to be a part of this co –branding effort with Reliance Recron® SHT PSF” 

    Mr. Gunjan Sharma said “We are pleased to extend our Recron® SHT brand to Precot as this will ensure standardised high quality products reaching end customers and will help both companies to strengthen growth and customer trust.”

    Apart from branding of the products, RIL will also provide marketing and branding support to Precot to establish Recron® SHT as a leading brand.

    RIL and Precot will jointly conduct research and development work to further enhance Recron® SHT sewing thread’s quality, and will also explore new business opportunities. Reliance will help Precot to reach out to key stakeholders, more importantly spoolers and apparel manufacturers, to create awareness about the benefits of using the standardised quality products.

  • Reliance Extends Recron® SHT Brand To Precot Meridian’s Sewing Threads

    Reliance Extends Recron® SHT Brand To Precot Meridian’s Sewing Threads

    MUMBAI: Reliance Industries Ltd. (RIL), one of the largest manufacturer of synthetic fibre in the world, has signed a co-branding agreement for polyester sewing thread yarn range manufactured by Coimbatore, based Precot Meridian Ltd. (Precot) – a leading yarn manufacturer and exporter of yarn and thread in India.

    As per the agreement, Precot will manufacture grey and coloured polyester sewing thread yarns, using Reliance’s Recron® SHT, the world’s best quality super high tenacity fibre. This yarn will then be sold, cobranded with Recron® SHT.

    The agreement was signed by Ashwin Chandran, Managing Director, Precot Meridian Limited at Coimbatore and Gunjan Sharma, Business Head, Polyester Staple Fibre Business, Reliance Industries Ltd. A memento in recognition of the partnership was also exchanged between the partners.

    While commenting on the agreement Ashwin Chandran said “We have been a consumer of Reliance Polyester Fiber for several years and we are very happy to be a part of this co –branding effort with Reliance Recron® SHT PSF” 

    Mr. Gunjan Sharma said “We are pleased to extend our Recron® SHT brand to Precot as this will ensure standardised high quality products reaching end customers and will help both companies to strengthen growth and customer trust.”

    Apart from branding of the products, RIL will also provide marketing and branding support to Precot to establish Recron® SHT as a leading brand.

    RIL and Precot will jointly conduct research and development work to further enhance Recron® SHT sewing thread’s quality, and will also explore new business opportunities. Reliance will help Precot to reach out to key stakeholders, more importantly spoolers and apparel manufacturers, to create awareness about the benefits of using the standardised quality products.

  • Dentsu Aegis appointed as digital agency for Hachette book

    Dentsu Aegis appointed as digital agency for Hachette book

    MUMBAI: Hachette book publishing India has appointed a digital agency, Isobar, from the Dentsu Aegis Network. 

     

    “As a part of our larger commitment to exploring newer ways of reaching our readers we’ve brought Isobar on-board to help us with our social media presence. Isobar’s pitch captured the heart of why books endure and how people connect with books. Their clear understanding of what we need and the enthusiasm of the team assures us that our brand and our books are in good hands,” asserted Hachette India managing director Thomas Abraham.

     

    Isobar India managing director Shamsuddin Jasani added, “We are very happy to be associated with Hachette India, as we are always looking at experiences across different sectors and different types of clients. This win adds a very important category of books and publications to our ever expanding repertoire.”

     

    “We recently instituted a focused business development unit to go after interesting brands. This win is just the beginning of many more to come. Happy to be working with Hachette India, it’s an interesting category and the team is excited to create innovative and creative work for them,” added Isobar India Vice President Gopa Kumar