Tag: Mia

  • Mia by Tanishq reaffirms commitment to sustainability with new initiatives

    Mia by Tanishq reaffirms commitment to sustainability with new initiatives

    Mumbai: In celebration of World Environment Day, Mia by Tanishq, one of India’s trendiest fine jewellery brands is proud to announce a series of sustainability initiatives under the theme of  #GoldForGood. These initiatives highlight Mia’s ongoing commitment to fostering a greener planet and promoting environmentally conscious practices within the jewellery industry.

    As part of continuing efforts to contribute to the environment, Mia by Tanishq is launching a special plantation drive. For every purchase made at a Mia store during June, a tree will be planted in the customer’s name. As part of its Environment Day initiative, Mia is contributing towards the Trees for Villagers program in Fatehabad, Haryana, India. The “Trees for Villagers” program is a unique initiative where for every purchase made, a tree is planted in the customer’s name. This program aligns with the theme of “Only One Earth” for Environment Day, emphasizing the importance of preserving the planet for future generations. This initiative underscores Mia’s dedication to creating a positive environmental impact and aligns with our broader vision for sustainability.

    Mia by Tanishq continues to prioritize sustainability across multiple touch points of the value chain from stores to the manufacturing processes. Most of the jewellery from Mia is crafted using recycled gold, significantly reducing the environmental impact associated with mining fresh gold. This not only conserves natural resources but also promotes responsible sourcing and sustainable production practices.

    Alongside these efforts, Titan’s jewellery division, including Mia by Tanishq, is working diligently towards ambitious sustainability goals. These include becoming carbon-neutral and water-positive in manufacturing. They have also implemented a comprehensive 4-P framework – People, Place, Process  & Planet – to ensure our vendor partners adhere to our rigorous sustainability standards.

    Mia by Tanishq business head Shyamala Ramanan stated, “At Mia, we are deeply committed to creating beautiful jewellery pieces that also honour our planet. Our #GoldForGood initiatives reflect our dedication to sustainability, ensuring that our customers can make a positive impact with every purchase. The brand’s efforts are encapsulated in symbolizing the commitment to responsible and sustainable practices. At Mia, we believe that style and sustainability can go hand in hand, and  we are dedicated to making a positive difference in the world.”

     

  • Say it with a Heart, Korean style with Mia by Tanishq: A mini Sarang Hearts assortment

    Say it with a Heart, Korean style with Mia by Tanishq: A mini Sarang Hearts assortment

    Mumbai: With millennials and Gen Z increasingly hooked on K-dramas and K-pop, there’s a lively wave of deep-rooted influence extending beyond fashion, beauty, and language, significantly shaping various facets of Indian cultural habits. Hopping on the trend, Mia by Tanishq fashionable jewellery brand is excited to introduce Sarang Hearts, a captivating mini-assortment that pays homage to the multifaceted allure of Korean culture, affectionately known as the Hallyu or Korean Wave, which has enchanted enthusiasts across India. This collection serves as a vibrant celebration of the diverse aspects of Korean influence, encompassing K-drama, K-pop, K-beauty, cuisine, fashion, and more.

    At the heart of SarangHearts lies the inspiration drawn from the iconic Korean finger hearts – a symbol universally recognized for its expression of love and connection. The Sarang Hearts Pendant – Earrings set, encapsulates the joyous spirit and diverse cultural influences, offering fans and followers an elegant and playful way to embrace their love for various facets of Korean culture in their everyday look.

    Our vision with Sarang Hearts was to encapsulate the joyful spirit emanating from the iconic finger hearts, representing the now global language of love and affection. The collection echoes the vibrancy and cultural richness that the Hallyu phenomenon brings, inviting enthusiasts to embrace and express their admiration for Korean culture.

    Sarang Hearts, with its playful and unique design, makes for a perfect expression of #KahoKuchSpecial, enabling individuals to share meaningful connections and moments with loved ones. Whether it’s gifting a token of affection or adorning oneself with a piece of cultural resonance, Sarang Hearts invites individuals to revel in this celebration and express their vibrant personality. 

  • Tanishq’s Mia reveals festive campaign ‘#ThisIsMe’

    Tanishq’s Mia reveals festive campaign ‘#ThisIsMe’

    Mumbai: With the festive season kicking in, the celebrations have already begun in full swing and with a great deal of enthusiasm. To uplift the mood and revel in the festivities, Mia by Tanishq, one of India’s most fashionable jewellery brands, launches the “#ThisIsMe” campaign with the aim of celebrating the various facets of feminine strength while staying true to their identity.

    Abiding to its core narrative, Mia’s festive film, “#ThisIsMe,” conceptualised by Famous Innovations, captures the essence of celebrating every story of ‘she’ while revelling in the process of being herself. The films reflect many of the powerful and inspiring choices that women make to be unapologetically themselves and seek no validation from society. These powerful choices mirror strength, courage, compassion, and sheer determination that truly call for a celebration. The two-minute upbeat digital film incites hope, joy, and excitement for the viewer. The visually delightful campaign film gives the audience a sneak peek into the lives of seven unique personalities who believe in rejoicing in every expression that celebrates themselves. The cheerful and groovy song track, written and sung by rapper Dee MC, spells positive energy and a happy vibe that’s truly contagious.

    The “#ThisisMe” campaign celebrates women being themselves. The digital film features renowned influencers to bring forth the authentic voice and the free spirit of Mia women like Sakshi Sindhwani—a body positivity influencer; Asha Roka—an MMA champ; Queen Andro—an LGBTQ fashion icon; Saru Mukherjee—a mom blogger; Riza Reji—the first Indian model with down syndrome; Anuja Deora—an entrepreneur; and Dee MC, a rapper and singer-songwriter.

    The brand symbolises the modern Indian woman achiever, who is fiercely independent, liberated, confident about her choices, a go-getter and whose aura lights up everyone’s lives. Mia by Tanishq believes that expressing oneself is a journey and it deserves to be celebrated. With every piece of fine jewellery Mia Woman buys, wears, or gifts, she celebrates being herself. Every Mia woman has a unique sense of style, which is not just powerful but is also a true reflection of their indomitable spirit. Mia stands for living freely as your true self, celebrating those who already do, and inspiring millions more.

    Speaking about the campaign film, Mia by Tanishq business head Shyamala Ramanan said, “The digitally native Gen-Z is a confident bunch who are honest about themselves, questioning and redefining the labels of society with their own sense of self-expression.  Mia by Tanishq celebrates this freedom with the new “#ThisisMe” campaign along with not just one or two but seven dynamic personalities from different walks of life, showcasing the uniqueness that is the Mia woman.”

    Famous Innovations Bangalore creative head Melvin Jacob said, “Right now the Indian woman is at her most creative and bravest best. She is doing so many amazing things in so many different ways. “#This is Me” is a celebration of her unique expression and individuality-the elements that unite Mia and Famous as well.”

    Starting at a price of Rs 3,500 onwards, Festive Edit has a range of earrings, pendants, and neckpieces. The collection is available in all stores across India as well as online at https://www.miabytanishq.com/

  • Mia by Tanishq launches new digital film for ‘Facets Collection’

    Mia by Tanishq launches new digital film for ‘Facets Collection’

    MUMBAI: Mia by Tanishq, has announced the launch of another incredible range, the Facets collection. It is a contemporary collection designed for every woman who has a unique blend of moods which makes her special and exceptional in her everyday life. This set of jewellery brings together designs, colours, and stones for every mood of a woman.

    Conceptualised by Fryed Advertising, the TVC captures every emotion of a woman right from being happy to goofy and from bored to flirty.

    The customisation aspect highlights on how Mia celebrates the special multi – mood characteristics of every woman. This modern range of jewellery comes up with unique designs which include angles, cubes, and varied coloured stones that in turn reflect every spirit of a woman.

    Speaking about the latest collection, Mia by Tanishq brand head Bhavishya Kelappan said, “With the launch of our latest Facets Collection, Mia has redefined the contemporary jewellery category as we understand that Jewellery is an element of self-expression. We believe that a woman expresses her mood not only through her attire, but also through the jewellery she chooses for the day. Our latest Facets collection includes designs that reflect every mood of a woman. The TVC clearly highlights our key proposition of the unique collection available that perfectly complements the various moods of the women of today.”

    Fryed Advertising partner Prahlad Nanjappa said, “The Facets Collection led us to visually echo the many sides of a woman. Our commercial showcases many girls – until you realize that they’re all the same person, and her many moods interacting with each other. Catch this interesting campaign, and shop for Mia By Tanishq’s brand-new Facets collection – when you’re in a #TreatYourself mood!”

  • TRAI permits flexibility in interconnect agreements without dilution of model agreement

    TRAI permits flexibility in interconnect agreements without dilution of model agreement

    New Delhi: In view of several disputes in TDSAT and various high courts on the issue, the Telecom Regulatory Authority of India has prescribed formats of the Model Interconnection Agreement (MIA) and Standard Interconnection Agreement (SIA) to be signed between the multisystem operator and the local cable operator for provisioning of cable TV services through the Digital Addressable Systems (DAS)

    The Telecommunication (Broadcasting and Cable Services) Interconnection (Digital Addressable Cable Television Systems) (Seventh Amendment) Regulations 2016 issued yesterday said MSO and LCO may enter into an interconnection agreement on lines of the MIA, or by signing the agreement strictly in terms of the SIA. Even as flexibility has been allowed on some issues, it has been mandated that the parties shall ensure that no such agreement will have the effect of diluting any of the conditions laid down in the MIA. 

    If the parties decide to enter into interconnection agreement on the terms of SIA, no addition, alteration and deletion of the clauses provided therein is allowed. They have the flexibility to modify clauses 10, 11 and 12 of the MIA through mutual agreement without altering or deleting any other clause of MIA. They also have a freedom to add additional clauses through mutual agreement to the MIA for stipulating any additional conditions.

    In a press release, the Authority said it was of the view that “the prescription of formats of MIA and SIA will pave the way for growth of the sector, result in reduction of disputes between the MSOs and LCOs, provide level playing field to the parties and increase healthy competition in the sector which ultimately will help in better quality of services to the subscribers.”

    Earlier in 2012, the Authority notified a comprehensive regulatory framework for DAS encompassing the interconnection regulation, the quality of service regulation, the tariff order and the consumer complaint redressal regulation.

    The interconnection regulation for DAS prescribes that MSO and LCO shall enter into a written interconnection agreement before provisioning of cable TV services to the subscribers. It was mandated that the interconnection agreement between MSO and LCO shall clearly earmark the roles and responsibilities in conformance to the quality of service regulations issued by the Authority from time to time.

    However, the Authority, while notifying the comprehensive regulatory framework for DAS did not notify any format specifying the terms and conditions for interconnection agreement as there could be various ways in which MSO and LCO can share the responsibilities in the interconnection agreement.

    TRAI received a large number of complaints regarding various issues in signing of the interconnection agreement between MSO and LCO. On the one end, the LCOs represented that the terms and conditions of draft agreements offered by MSOs are one sided and do not provide a level playing field. On the other end, the MSOs indicated that the LCOs are not willing to follow the terms and conditions of interconnection agreement already executed between them.

    It was noticed that the roles and responsibilities of MSO and LCO for meeting the quality of service norms as prescribed in the Quality of Service Regulations 2012 were not clearly defined in the interconnection agreement signed by them; due to which, in the event of any dispute between them the quality of service delivered to the consumers gets adversely affected.

    A comprehensive consultation process was carried out by the Authority to address the issue and the Authority decided to prescribe the terms and conditions for interconnection agreement in such a way that it addresses the various concerns of the stakeholders as well as it provide enough flexibility for accommodating various plausible business models between MSO and LCO.

    The full text of the Regulation is available on TRAI’s website www.trai.gov.in.

  • TRAI permits flexibility in interconnect agreements without dilution of model agreement

    TRAI permits flexibility in interconnect agreements without dilution of model agreement

    New Delhi: In view of several disputes in TDSAT and various high courts on the issue, the Telecom Regulatory Authority of India has prescribed formats of the Model Interconnection Agreement (MIA) and Standard Interconnection Agreement (SIA) to be signed between the multisystem operator and the local cable operator for provisioning of cable TV services through the Digital Addressable Systems (DAS)

    The Telecommunication (Broadcasting and Cable Services) Interconnection (Digital Addressable Cable Television Systems) (Seventh Amendment) Regulations 2016 issued yesterday said MSO and LCO may enter into an interconnection agreement on lines of the MIA, or by signing the agreement strictly in terms of the SIA. Even as flexibility has been allowed on some issues, it has been mandated that the parties shall ensure that no such agreement will have the effect of diluting any of the conditions laid down in the MIA. 

    If the parties decide to enter into interconnection agreement on the terms of SIA, no addition, alteration and deletion of the clauses provided therein is allowed. They have the flexibility to modify clauses 10, 11 and 12 of the MIA through mutual agreement without altering or deleting any other clause of MIA. They also have a freedom to add additional clauses through mutual agreement to the MIA for stipulating any additional conditions.

    In a press release, the Authority said it was of the view that “the prescription of formats of MIA and SIA will pave the way for growth of the sector, result in reduction of disputes between the MSOs and LCOs, provide level playing field to the parties and increase healthy competition in the sector which ultimately will help in better quality of services to the subscribers.”

    Earlier in 2012, the Authority notified a comprehensive regulatory framework for DAS encompassing the interconnection regulation, the quality of service regulation, the tariff order and the consumer complaint redressal regulation.

    The interconnection regulation for DAS prescribes that MSO and LCO shall enter into a written interconnection agreement before provisioning of cable TV services to the subscribers. It was mandated that the interconnection agreement between MSO and LCO shall clearly earmark the roles and responsibilities in conformance to the quality of service regulations issued by the Authority from time to time.

    However, the Authority, while notifying the comprehensive regulatory framework for DAS did not notify any format specifying the terms and conditions for interconnection agreement as there could be various ways in which MSO and LCO can share the responsibilities in the interconnection agreement.

    TRAI received a large number of complaints regarding various issues in signing of the interconnection agreement between MSO and LCO. On the one end, the LCOs represented that the terms and conditions of draft agreements offered by MSOs are one sided and do not provide a level playing field. On the other end, the MSOs indicated that the LCOs are not willing to follow the terms and conditions of interconnection agreement already executed between them.

    It was noticed that the roles and responsibilities of MSO and LCO for meeting the quality of service norms as prescribed in the Quality of Service Regulations 2012 were not clearly defined in the interconnection agreement signed by them; due to which, in the event of any dispute between them the quality of service delivered to the consumers gets adversely affected.

    A comprehensive consultation process was carried out by the Authority to address the issue and the Authority decided to prescribe the terms and conditions for interconnection agreement in such a way that it addresses the various concerns of the stakeholders as well as it provide enough flexibility for accommodating various plausible business models between MSO and LCO.

    The full text of the Regulation is available on TRAI’s website www.trai.gov.in.

  • This Women’s Day, #SnapOutofIt with Tanishq

    This Women’s Day, #SnapOutofIt with Tanishq

    MUMBAI: Today, women are increasingly walking the tightrope between home and career, handling everything from household chores to boardroom meetings with consummate ease. No wonder, they’re left with little or no time to themselves, which is why, ahead of Women’s Day on 8 March, Tanishq, Tata Group’s jewellery brand, has decided to play Santa and gift these superwomen some much-needed ‘me time’.

     

    Mia, Tanishq’s contemporary line of work-wear jewellery, has launched a digital campaign called #SnapOutofIt, which, as the name suggests, offers women an opportunity to break free from their punishing everyday routine while allowing them to explore their creative side.   

     

    “In the light of long working hours, deadlines, meetings and commitments at home, taking time off for themselves is a luxury which isn’t enjoyed by most working women today. Keeping this in mind, the #SnapOutOfIt campaign calls for creative and fun entries from working women, who have one opportunity to convince the brand why they deserve a chance to snap out of their everyday hassles and routine they have to follow,” says Titan Company jewellery division GM marketing Deepika Tewari.

     

    The campaign is active on its own official website, facebook, twitter and YouTube and has been conceptualised by digital agency, Interactive Avenue.

     

    So far, it has recorded over 150 entries from women across Delhi, Mumbai and Bangalore. Some of the entries read: #SnapOutOflt to get rid of my moody boss n foody hubby, bored of tight deadlines and right timelines, fed up of extra tensions at both home and office so forget actually who I am and my mom-in-law asks me to dress up every day like actresses from saas-bahu TV soaps, among others.

     

    Earlier campaigns around Women’s Day like ‘I Am Not You’ and ‘I Am Courage’ celebrated women power while #SnapOutOflt has a fun element attached to it. “This year, Mia wants women to celebrate their day with fun. With #SnapOutOfIt, Mia – as a mark of respect to the numerous roles a woman takes on – is looking to make this day super-special and fun with activities like para-motoring in Delhi, a vineyard tour in Bangalore, and yacht hunting in Mumbai on 8 March,” says Tewari.

     

    “This year’s approach to Women’s Day is very different. The winning entries will have to be witty, funny, and most convincing. In keeping with the brand’s personality of light-weight daily work-wear jewellery, Mia wants participants to really have fun with their submissions.”

     

    Mia by Tanishq takes pride in being an extension of a woman’s personality. “Mia by Tanishq has been at the forefront when it comes to celebrating women. This contemporary line was launched in 2011 for women on the go, who are engaged in various professions and have a well-established ensemble of accessories, unfortunately, excluding jewellery. Mia as a brand has always regaled women with interesting designs, concepts and campaigns like ‘My Expression’, ‘Love Appraisal’ and so on. With us, it is Women’s Day every day,” Tewari signs off.

  • Titan’s Q3-2014 higher q-o-q advertising spend helps improve income

    Titan’s Q3-2014 higher q-o-q advertising spend helps improve income

    BENGALURU: India’s largest specialty retailer, Titan Company (Titan), formerly known as Titan Industries, reported a 25.11 per cent increase in ad spends to Rs 118.04 crore in Q3-2014 as compared to the Rs 94.35 crore during the immediate trailing quarter that resulted in a 15.74 per cent jump in operating income to Rs 2650.46 crore as compared to the Rs 2290.02 crore in Q2-2014.

     

    Titan has three revenue segments – watches with five major brands – Titan, Xylus, Nebula, Sonata and Fastrack; Jewellery (the largest segment in terms of revenue and consequently profits) with Tanishq, Zoya, Gold Plus from Tata, Mia and Fq teen diamonds; and ‘Others’ that include eyewear under the Titan EYE+ brand, apparel and eyewear also under Fastrack brand and precision engineering among others.

     

    Facing a slowdown in the economy along with inflation resulted in weak consumer demand. Titan says that its jewellery segment witnessed a sharp decline in demand. The other factors that affected the jewellery segment’s performance included: average gold price during the quarter was 10 per cent lower than previous year level; RBI’s ban on gold-on-lease facility continues even today; Issues with gold supply in the market persist – premium on gold was above 10 per cent of gold rate in the quarter; Sale of gold coins was discontinued to help the government’s efforts to reduce CAD.

     

    During the nine month period that ended December 31, 2013, Titan’s ad spend was up by 2.13 per cent at Rs 317.06 crore as compared to the Rs 310.46 crore during the corresponding period of last year. Operating revenue for the current nine month period was 8.26 per cent higher at Rs 8028.77 crore as compared to the Rs 7415.92 crore during the corresponding period of last year. Titan had spent Rs 377.09 crore during FY2013.

     

    However, the company’s Q3-2014 operating revenue was 13.64 per cent lower than the Rs 2962.89 crore in Q3-2013. PAT for Q3-2014 at Rs 165.57 crore too was 11.29 per cent lower than the Rs 186.65 crore in Q2-2014 and lower by 18.81 per cent than the Rs 203.92 crore during the corresponding quarter of last year. Its nine month PAT for the current period at Rs 534.70 crore was 1.2 per cent lower than the Rs 540.21 crore during the corresponding period of last year.

     

    Let us look at the percentages of total revenues spent towards advertising by Titan…

     

    Last fiscal (FY2013) Titan spent Rs 377.09 crore or 3.73 per cent of its total revenue of Rs 10112.67 crore.

     

    During the nine month period in the current fiscal, Titan’s ad spend was 3.91 per cent of total revenue of Rs 8112.41 crore, while during the nine month period of the previous fiscal, its ad spend was 4.14 per cent of revenue of Rs 7415.92 crore.

     

    During Q3-2014, Titan spent 4.41 per cent of its total revenue of Rs 2675.77 crore; in Q2-2014, ad spend was 4.05 per cent of total revenue of Rs 2328.97 crore, while in Q3-2013 it spent 3.6 per cent of total revenue of Rs 3017.8 crore.

     

    The watch segment revenue during Q3-2014 at Rs 455.58 crore grew by 2.97 per cent as compared to the Rs 442.36 crore during the immediate trailing quarter and 7.54 per cent more than the Rs 423.53 crore in Q3-2013. The result from this segment at Rs 51.3 crore was 10.49 per cent more than the Rs 46.43 crore from Q2-2014 and 0.29 per cent more than the Rs 51.15 crore in Q3-2013.

     

    Titan’s jewellery segment had revenue of Rs 2126.67 crore for Q3-2014 which was 18.28 per cent higher than the Rs 1798.07 crore in Q2-2014, but 15.45 per cent lower than the Rs 2515.24 crore in Q3-2013. Its result for Q3-2014 at Rs 216.9 crore was 9.96 per cent lower than the Rs 240.89 crore in Q2-2014 and 12.03 per cent lower than the Rs 246.57 crore in Q3-2013.

     

    The ‘Others’ segment of the brand reported revenue of Rs 116.52 crore during Q3-2014 which was 2.15 per cent more than the Rs 114.07 crore in Q2-2014 and 18.58 per cent more than the Rs 98.26 crore in Q3-2013. This segment returned a loss of Rs (-1.68) crore in Q3-2014; loss of Rs (-0.25) crore is Q2-2014 and a profit of Rs 1.7 crore during Q3-2013.

     

    Click here for full report