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Tag: NCD

  • Thinkstr elevates Ravi Raghavendra to NCD

    Thinkstr elevates Ravi Raghavendra to NCD

    Mumbai: Thinkstr, a Gurgaon-based independent agency, has elevated Ravi Raghavendra to the position of national creative director. He will shift to Bengaluru to kickstart the agency’s expansion.

    Thinkstr’s founder Satbir Singh said, “Ravi has spearheaded the agency’s creative from day one and it was only a matter of time before he officially ran it. We’ve won some interesting new businesses and created some very popular campaigns where he has been at the core. We tossed a coin between Mumbai and Bengaluru for our next office and Ravi called correctly. Our client base includes traditional biggies as well as new-age startups, which matches the Bengaluru client profile to a T. We invite briefs from brands with national presence or ambitions.”

    Raghavendra commands over 20 years of experience in the advertising and communication business, which includes 14 years as a creative leader across multinational agencies and a startup.

    Speaking on his new role, Raghavendra shared, “We have been thinking of expanding our footprint beyond Gurugram for a while. Bangalore is an exciting market. It’s not only a hotbed of new-age businesses, it’s also the hotbed of new-age thinking and home to many established marketing success stories.” 

    “Speaking for myself, it’s also home for me. So it’s great to be back and assume added responsibilities from the home turf. I’m sure the Bangalore clients, who are as fine as the Bangalore weather, will be nice to us,” he added.

  • JWT elevates Tista Sen and Priya Shivakumar

    JWT elevates Tista Sen and Priya Shivakumar

    MUMBAI: J Walter Thompson's (JWT) Tista Sen has been elevated as the regional creative director of India with the additional responsibility of JWT Sri Lanka. Sen is currently national creative director (NCD) at the agency.

    In addition to this, Priya Shivakumar, currently the executive creative director of JWT Bangalore, has been promoted to NCD. She will now drive creative excellence for clients across Bangalore, Chennai and Hyderabad.   

    JWT CEO Tarun Rai said; “Both Tista and Priya are exceptional creative professionals and their promotions are richly deserved. They have helped build so many brands and have been true ambassadors of JWT.”  

    “This is surely the sign of things to come as geography becomes history all over again. Tista and Priya are two of our best creative leaders, now empowered to lead from the front and drive creativity across the country and beyond,” added J Walter Thompson CCO Senthil Kumar.  

    Sen has been involved in crafting memorable and well-loved campaigns for some of the most iconic brands in India. Her deep understanding of the advertising landscape empowers her to orchestrate integrated communications that build future-ready brands and businesses. Over the years she has served as jury at several advertising festivals in India and abroad.  

    Shivakumar brings both traditional media and digital media together with her ideas and has led the Bangalore office of JWT successfully for over seven years now as ECD. Her work cuts across categories like fashion, beauty, luxury, travel and technology.

  • RJIL issues INR 2,000 crore 5-year NCDs

    RJIL issues INR 2,000 crore 5-year NCDs

    MUMBAI: Reliance Jio Infocomm Limited (RJIL), a subsidiary of Reliance Industries Limited (RIL), today issued INR 2,000 crore of 5 year Non-Convertible Debentures (NCDs), bearing a coupon of 8.32% per annum, payable annually. The issue has been assigned a rating of AAA by CRISIL and ICRA. The proceeds of the issuance shall be utilized by RJIL for rolling out a state-of-the-art digital services business in India.

    RJIL is the first issuer outside the financial services industry in India, to raise funds digitally through the EBP route. This is also the largest debt issuance in the Indian market by any issuer since the electronic bidding platform has been mandated by SEBI for private placement of debt, effective 1st July this year.

    The transaction was fully subscribed within minutes of opening and was eventually over-subscribed with a total book size in excess of INR 3500 crores, Reliance Jio said. Key investors include the prominent asset management companies and banks.

    “We are overwhelmed by the response that we have received for our maiden issuance on the BSE-BOND platform. It reinforces the faith investors have in our next generation digital services business. The launch of the EBP platform is a significant step towards the development of market infrastructure for Indian Corporate Bond market. It will make the debt issuance process significantly more smooth and transparent for issuers as well as investors” said Soumyo Dutta, Treasurer, Reliance Industries Limited.

  • RJIL issues INR 2,000 crore 5-year NCDs

    RJIL issues INR 2,000 crore 5-year NCDs

    MUMBAI: Reliance Jio Infocomm Limited (RJIL), a subsidiary of Reliance Industries Limited (RIL), today issued INR 2,000 crore of 5 year Non-Convertible Debentures (NCDs), bearing a coupon of 8.32% per annum, payable annually. The issue has been assigned a rating of AAA by CRISIL and ICRA. The proceeds of the issuance shall be utilized by RJIL for rolling out a state-of-the-art digital services business in India.

    RJIL is the first issuer outside the financial services industry in India, to raise funds digitally through the EBP route. This is also the largest debt issuance in the Indian market by any issuer since the electronic bidding platform has been mandated by SEBI for private placement of debt, effective 1st July this year.

    The transaction was fully subscribed within minutes of opening and was eventually over-subscribed with a total book size in excess of INR 3500 crores, Reliance Jio said. Key investors include the prominent asset management companies and banks.

    “We are overwhelmed by the response that we have received for our maiden issuance on the BSE-BOND platform. It reinforces the faith investors have in our next generation digital services business. The launch of the EBP platform is a significant step towards the development of market infrastructure for Indian Corporate Bond market. It will make the debt issuance process significantly more smooth and transparent for issuers as well as investors” said Soumyo Dutta, Treasurer, Reliance Industries Limited.

  • Network18 gets shareholder nod to raise up to Rs 1000 crore

    Network18 gets shareholder nod to raise up to Rs 1000 crore

    MUMBAI: Network18 Media & Investment’s shareholders have approved a proposal to raise up to Rs 1,000 crore.

     

    In its annual general meeting held on 28 September, the company has put forth special resolution for the same.

     

    The shareholders have now approved the proposal to raise funds via issuance of non-convertible debentures (NCDs), foreign currency convertible bonds and/or bond with share warrants in one or more tranches.

  • PVR receives shareholders’ nod to raise Rs 500 crore via NCDs

    PVR receives shareholders’ nod to raise Rs 500 crore via NCDs

    MUMBAI: Multiplex chain PVR has received shareholders’ approval to raise Rs 500 crore through issuance of non-convertible debentures (NCDs) on private placement basis.

    Additionally, the shareholders also approved a dividend of Rs 1 on each equity share for FY 2014-15 at its 20th annual general meeting (AGM).

    It may be recalled that last year, the PVR board had approved a plan to raise Rs 500 crore via qualified institutional placement (QIP).

     

    As of July 2015, PVR operates 474 screens across 106 locations in 43 Indian cities, which are spread across 15 States and one Union Territory.

    For the quarter ended 30 June, 2015, PVR posted net profit of Rs 56.67 crore as compared to Rs 8.47 crore for the quarter ended 30 June, 2014. The company’s total income increased from Rs 343.24 crore for the quarter ended 30 June, 2014 to Rs 462.82 crore for the quarter ended 30 June, 2015.

  • Publicis Capital elevates Joy Mohanty to NCD

    Publicis Capital elevates Joy Mohanty to NCD

    MUMBAI: Publicis Capital has elevated Joy Mohanty as its national creative director. Mohanty will continue to be based in Delhi and will report to Publicis South Asia chief creative officer Bobby Pawar.

     

    Bobby Pawar on Mohanty’s elevation said, “In the time that I have worked with Joy, I’ve found him to be who not only focused on making great ads, but also finding brilliant solutions to our clients’ problems. He is also a really good leader. His elevation is recognition of the role he has played in improving our output in the past year and the role he will play in helping us raise our game even more.”

     

    Publicis Capital chief executive officer Hemant Misra stated, “Joy is an ideal partner – cool and collected, ever smiling, assertive and brilliant. He has the ability to attract talent and harness simple yet great ideas. His ‘Kitna Deti Hai’ campaign for Maruti Suzuki is an appropriate example of this.”

     

    Mohanty has been with Publicis Capital for over nine years. In a career spanning 21 years he has worked at FCB Ulka, Bates Clarion, Leo Burnett and Contract.

     

    Some of the prominent brands he has worked are: Maruti Suzuki Corporate, Maruti Swift, Maruti A-star, Suzuki Scooters & Motorcycles, LG Home Appliances, Dabur Chyawanprash, Personal Care, Homemade, Thums Up, Maaza, Apollo Tyres, Carrier Aircon, among others.

     

    Mohanty has won numerous local and international awards, including the One Show, D&AD, New York Festivals and Goafest.

     

    On his new role Mohanty added, “I have been on a perpetual quest, trying to find ways to connect with a consumer who essentially does not want to engage with advertising. The width of brands and strength of relationships at Publicis make this new assignment a fabulous opportunity.”

  • McCann Worldgroup India announces key creative leadership

    McCann Worldgroup India announces key creative leadership

    MUMBAI: McCann Worldgroup has announced key senior creative leadership changes: promotions, and inclusion of senior level talent, for its India operations.

     

    Pradyumna Chauhan and Prateek Bhardwaj have been assigned the position of joint National Creative Directors. Both will report to McCann Worldgroup executive chairman and CEO and south Asia president Prasoon Joshi.

     

    Announcing the changes, Joshi said, “As an agency we are committed to our clients’ business and do everything possible to bring the best and most cutting-edge talent onboard. These are carefully selected professionals in whom I have great faithand high expectations. I am positive that they will further enhance our creative product and add yet another dimension to the McCann offering.”

     

    Chauhan has been with McCann for a year, and comes with over a decade and a half of experience across brands such as MP Tourism, Star Network, Airtel, ICICI Bank, Birla Sun life, Asian Paints and others.

     

    This is Bhardwaj’s second stint with McCann. He has extensive experience in the industry across agencies and brands such as Sprite, Kinley, Chlormint, MasterCard, HP and Reebok. Bhardwaj co-founded and ran an independent agency, Eleven Brandworks, and brings along this entrepreneurial mindset, together with the exposure to big brands.

     

    These two talents shall further bolster McCann’s creative prowess. “McCann has a stellar creative reputation, and I am excited with the new role. I look forward to taking the agency to greater heights,” said Chauhan. Bhardwaj added here, “Having worked here earlier and having seen the world I am certain that I can tangibly add value to our clients with the new responsibility entrusted to us.”

     

    Other senior creative leadership announcements include:

     

    Mumbai:

    Akshay Kapnadak and Abhinav Tripathi have been elevated to the role of Creative Heads of McCann’s advertising operations in Mumbai. Denzil Machado will now head McCann’s Craft Excellence for Mumbai. This trio will be responsible for the Creative Department in McCann, Mumbai.

     

    South region:

    McCann’s Creative Head for South, Anil Thomas, will now have extended responsibilities as his role expands across South Asia, where he shall provide creative inputs and vision on a need basis.

     

    New Delhi:

    ECDs Ravinder Siwach and Kapil Batra will continue to lead their respective responsibilities.

  • JWT wins the Grand Midas at Midas Awards 2013

    JWT wins the Grand Midas at Midas Awards 2013

    MUMBAI: JWT India has won the coveted Grand Midas award for its work, ‘Death Track’ for Aditya Birla Insurance at the Midas Awards.  JWT also picked up the Gold Midas for its campaign, ‘Even Gods Can Feel Insecure’ with Yuvraj Singh for Birla Sun Life Wealth with Protection Solutions.

    “A public service message from a brand which is relevant and compelling and today won us rich laurels worldwide. Immensely proud that JWT has partnered our client for such a worthy cause”, said JWT Mumbai NCD Tista Sen.

    The work for ‘Death Track’ was entered under the public service category for Birla Sun Life Insurance, the life insurance arm of the Aditya Birla Financial Services Group where it won the Grand Midas.

    JWT India’s work on ‘Even Gods Can Feel Insecure’ campaign with cricketer Yuvraj Singh, was one of the most talked and awarded campaigns of 2013. The integrated campaign, that traces the life of Yuvraj Singh who won a battle with cancer, tries to do justice to this remarkable bounce back story, which was almost scripted for an insurance company so that others can draw inspiration from it.

  • Contract Bengaluru gets a new ECD in Manoj Jacob

    Contract Bengaluru gets a new ECD in Manoj Jacob

    MUMBAI: Contract Advertising has got a new executive creative director (ECD) for its Bengaluru office. It has hired Manoj Jacob, who has worked with the company earlier as well and joins back after a gap of six years. Jacob will be reporting to Contract Advertising NCD Ashish Chakravarty and would also work in partnership with Monojit Ray who recently joined Contract as the Bengaluru head.

    Prior to joining Contract, Manoj ran his own creative consultancy firm, where he worked with clients such as Nova Specialty Surgery, Apollo Hospitals, Simply South Restaurant and Abs Fitness among others.

    “I am very happy to have Manoj on board as the ECD of our Bangalore office. He is extremely passionate about his craft, very driven, and a hands-on kind of leader. Having worked with him in the past, I won’t be surprised if he dives straight into the deep end from day 1 itself.  It is a challenging role, but I am positive he will shine,” said Chakravarty.

    Manoj comes with an experience of 17 years and has worked with O&M, McCann Erickson, Satchi & Satchi, Euro RSCG, orchard, Publicis Ambience and Bates over the course of his career. He has also handled some of leading brands across verticals such as IBM, Air Deccan, Cavin Kare, Mitsubishi Motors, Wipro Consumer Care and Weekender.

    On his coming back to Contract, Manoj said, “It’s an awesome new team, across disciplines, that is getting together at Contract Advertising and I’m very happy to be a part of it.”

    Manoj’s work has won him a lot acclaim and rewards both nationally and internationally from Cannes to New York festival to winning at AD Spot Non Profit Awards, Italy and the Bangalore Ad Club awards.