Tag: sales

  • Viacom18’s Mahesh Shetty’s tips for sales teams & professionals

    Viacom18’s Mahesh Shetty’s tips for sales teams & professionals

    MUMBAI: Most management graduates harbour dreams of getting into a marketing job at one of the FMCG majors once they graduate. But if they have eyes on the corner office they would do well to get into sales, and not just be swayed by its more glamorous cousin, marketing. At least that’s the advice that Viacom18 network ad sales head Mahesh Shetty’s would like to give them. Says he: “Selling is core to any business. I think if you want to become the CEO of an organisation and you have done sales in the past you stand a better chance.”

    Shetty should know. He did the grind in sales at Pepsi, followed by marketing and then went back to sales. He then moved on to Radio Mirchi where he headed various sales functions before becoming the organisation’s COO. He was then hired to head a much larger organisation – Viacom18 network’s in the early part of 2019. 

    Read more news on Mahesh Shetty

    Shetty – whose key strengths lie in offering brand solutions to clients rather than just selling – says that working in sales for a substantial amount of time has many benefits. “Sales helps develop the right attitude and confidence in an individual,” he points out. “It improves communication skills and allows a person to know all aspects of the business right from selling the product, branding and marketing or dealing with the finance team at multiple levels.”

    Some of the key attributes and attitudes, he believes, sales people need to have include: be positive, be constantly hungry, always desire to do more, spot opportunities not just problems, every problem has an opportunity, read, learn,  and meet people.

    Elaborates Shetty: “Sales is not an usual eight hour job, it works round the clock. Meeting people and understanding brands is a very important part that helps. Before engaging with customers or clients it is important to equip ourselves with knowledge. It is important to have an intelligent conversation. Then, don't be dismayed if you don’t close a deal.  If there is one brand which has decided to not come on board then there are five other brands out there. It is important to find ways to excite them; this is what keeps me going day in and day out. Close to the year ending, if I am far from my numbers I will still have hope because there are many brands out there who want to grow their business and I have certain solutions which would help them to grow. That is my mantra.”

    According to Shetty, there are ways that organisations can hone the skill sets of sales people. 

    Watch virtual fireside chats with industry leaders

    Says he: “Large FMCG companies take you all around through sales, marketing, general management but many organisations still continue to keep sales people in the sales department. I think these companies lose the opportunity when they don’t move their best sales people into other departments because they lose the chance to create great leaders. I believe salespeople can do better in marketing as they have a good sense of the entire chain. They know what works with trade or distributors and they are also aware of what consumers want.”

    He also advocates that sales people need to get comfortable with data, for it can be a great lead generator as well as a deal maker. Says he: “Data gives you a lot of insights. I feel some of the sales people are not comfortable with data or pulling out the insights from the data. I want salespeople to understand that just don't get drowned in the data but try to remove key insights from the data.”

    Shetty admits that broadcasting is different from other direct to consumer businesses as sales people are selling products they create to an advertiser, whereas in other categories, the manufactured items are designed for the end consumer and sold to him or her.

    To do better at broadcast sales, executives need to have an open mind. “Accept the changing times. The pace with which digital is growing I believe broadcast sales people should have a good understanding of both television and digital,” he explains. “Television being so strong in the entire media pie, sales folks sometimes think that their job is just to sell FCT. But I think sales people need to broaden their horizons to learn all the things around them so that they can pitch the right solutions to the brand manager.  Because when you are going out and selling solutions, you could include brand integration or certain messaging driven by  social handles which would be more effective.”

    Read more news on Viacom18

    According to him, the pandemic induced social distancing has meant that physical meetings are few and far between.  And the pressure has come on sales to deliver now that economic activity is showing signs of reviving. “Everything has gone digital now,” says he. “The personal touch is something that will come back. Until then,  managers have to work to help his teams achieve what they want to do. At times it starts with opening doors with the client or helping them with the solutions, or closing the deal with the client. We are all under pressure but what's important is to focus our energies on getting a solution, and ourselves back.”

  • Simran Hoon quits Viacom18

    Simran Hoon quits Viacom18

    MUMBAI: Simran Hoon, Viacom18 Media's executive vice president and head of ad sales has stepped down from the post nearly after 13 years of association with the company.

    In the past, Hoon was working with Zee Network as SVP. She was senior vice president at Star India and as a group manager at Sony Entertainment Television.

    She has also worked in advertising at The Times of India in 1994. She switched from print to television in 1995 when she joined Sony Entertainment Television. This was followed by a stint with Vindia the dot.com bandwagon where she handled  sales for the north.

    Hoon, a Delhi University graduate, completed her B.A. Economics (H) from Miranda House College and joined The Times School of Marketing for PGDMM in 1992.

     

  • Anil Uniyal quits CNBC TV18

    Anil Uniyal quits CNBC TV18

    MUMBAI: The CEO of CNBC TV 18 and CNBC Awaaz, Anil Uniyal has resigned. Uniyal will serve his last day as the head of the two business channels.He was elevated as the CEO for the two business channels in October 2010.

    Uniyal was responsible for the strategic, financial and operational management of the business news network.With over a decade of experience in sales and sales strategy, Uniyal has no plans of joining any other group as of now. Uniyal was hesitant to reveal the reason behind his resignation.

    Confirming the news, Uniyal says, “Yes, the rumours are true. I will serve my last day today at CNBC. I have no plans on my mind of what I am going to do next.”

  • Anil Uniyal quits CNBC TV18

    Anil Uniyal quits CNBC TV18

    MUMBAI: The CEO of CNBC TV 18 and CNBC Awaaz, Anil Uniyal has resigned. Uniyal will serve his last day as the head of the two business channels.He was elevated as the CEO for the two business channels in October 2010.

    Uniyal was responsible for the strategic, financial and operational management of the business news network.With over a decade of experience in sales and sales strategy, Uniyal has no plans of joining any other group as of now. Uniyal was hesitant to reveal the reason behind his resignation.

    Confirming the news, Uniyal says, “Yes, the rumours are true. I will serve my last day today at CNBC. I have no plans on my mind of what I am going to do next.”

  • ‘There is a ‘church and state’ line between editorial and advertising’ :Sunita Rajan

    ‘There is a ‘church and state’ line between editorial and advertising’ :Sunita Rajan

    MUMBAI: Time and again news media, especially broadcast has come under scrutiny for compromising its editorial because of advertisers. Paid news and native advertising aren’t new to the industry and neither is the eternal debate between editorial and advertorial. Because the fact remains that the industry is heavily dependent on advertisers, and while selling content on entertainment channels is a task by itself, when it comes to news channel or other news media, it’s a completely different ballgame.

    While people are quick to point fingers and accuse media for being ‘sold’ and its content being ‘paid news’, they seldom look at it from the shoes of those who perform the tough balancing act of editorial and advertising sales and keep the machine running so more news is produced and reported.

    To understand how a popular mainstream media goes about doing its ‘business’ while ensuring that its editorial credibility is intact, indiantelevision.com’s Papri Das got in touch with CNN International advertising sales asia pacific VP Sunita Rajan to get some expert insight.

    A key member of the CNN International team, Rajan has been tasked with setting the business strategy to drive advertising revenue for CNN’s global portfolio of multi-platform products among Asia Pacific based advertisers. With an emphasis on integrated advertiser solutions across the full range of CNN’s linear and non-linear properties, she is responsible for managing strategic relationships and brand partnerships. 

    Excerpts from the interaction:

    With broadcast news being heavily dependent on advertising revenue, how does CNN go about creating news content without falling prey to native advertorials?

    I would like to break the response down in three parts. Firstly, as an advertising sales person, I don’t manage or control editorial. That’s part of the business agreement. My role is to run the business which is advertising and sales across the Asia pacific region. I think the best analogy to describe how we look at this is that there should be church and state lines between editorial and advertising. CNN is very clear about it. There is no blurring of those lines. 

    We have maintained that we keep our audiences at the heart of what we do. Our editorial ensures that every piece of content that we produce is of value to the audiences. We don’t make the news, we report the news. 

    Even in the features, long form and analysis pieces that we do, we are mindful and also extremely stringent about selecting the stories that we believe are of value to the audiences. For example, our series on Silk Route, or even a lifestyle series.

    Can you explain the business model for CNN international?

    Our business model for CNN international is of ad sales and content sales. The other stream of revenue is business development which we have initiated in the last couple of years. The three key pillars of all streams of revenue are distribution, content and ad sales.

    What happens when a piece of editorial content has a conflict of interest with an advertiser?

    I wouldn’t say there is a conflict of interest because we are not kept informed of what editorial does. Marketing and ad sales never get into the editorial meets. The only space where there’s a discussion or interface it is with the number of features content that we do special seasons or theme weeks. There are times when the editorial highlights or showcases a particular country. We have a number of franchises, like On The Road, which is focusing on India this time as its relevant to our audiences. India is being talked about and with Modi’s Make In India falling into place, the youth and their aspiration need to be looked at.

    What brings advertisers to CNN?

    We go and talk to brands and partners, we build commercial partnerships. What we sell to clients and what we bring to the conversation is the brand proposition. We talk about our audiences, scale and size, texture and profile and a bit of what these audiences care about and why they consume content on CNN, how they come to CNN for its unique content and CNN as a platform. To be honest, what brands are buying is the quality of the audience, the profile of the audience, and that’s what we showcase when we going for a pitch.

    How do you react to advertisers wanting to get an editorial favour as part of an advertising deal?

    We don’t promise the clients editorial coverage if that is what you are asking. I think the reason the clients come into conversations with CNN is because they recognise the value of the brand and they recognise the principles that CNN as an international platform adheres to. They come to us because of that integrity and the value we bring to the table, and not because they think they can influence the editorial. There are a number of channels that do operate with that market behaviour probably

    From the ad sales point of view, for me and my team, it is our job to identify themes and content relevant to the client. For example we have CNN Money, which is an online vertical that CNN operates and that’s our business proposition as well. It’s about how we present to our audience, what is unique about the content for brands and advertisers, the differentiation between how we capture the story and how others do it. Because we are not just focused in the stock markets, we go beyond that and talk about the aspirational values of stories and stories on finance and wealth etc.

    How different is advertising sales in news channels from that of other entertainment broadcasters?

    Ad sales for news, whether it’s international market or local news is very different from general entertainment channels and sports channels. Those brands and their content are very much a point of view. News, on the other hand is a must have; a daily habit. You dip in and out of it but it’s 24 by 7. It’s less about the specific show. Yes, we do have content on a specific time, be it daily weekly or monthly.  We do offer certain programs for sponsorships, everything except for news and current affairs and business as it can’t be sponsored in Europe like everywhere else. We don’t necessarily take one program to the market and ask for a sponsor for it. That’s because’ when you are buying news, you are buying the brands reach and not its audience at 7 pm or 9 pm like entertainment channels. Now advertisers may choose to place their advertisement at a specific time of the day. That’s where I come in and recommend what the media schedule will look like and which programming would be more relevant to the brand. 

    But there are editorial events such as Heroes which is a very popular franchise and is in its 10th year this year. Or a republican debate, which we do sell as a big point of view. It has specific time bands and exclusives with CNN, so an occasion such as that is sold as a standalone property.

    How important is TV viewership ratings to you from an ad sales perspective? 

    Whole news brands and channels always had a good proportion of viewership command, it is not always that a news broadcaster focuses its ad sales or the opportunity to associate with brands just based on television ratings. We don’t sell on ratings but the reach of the channel across a week and also the context or the value of the environment. It is very much a brands sale than ‘how many people are watching or engaging with the channel.’

    Both in India and in other markets, it is also about brands looking for an international platform and reach. I am not saying that we are not getting the BRAC ratings, but we are not selling on just the BARC ratings. We also very much have a multiscreen and multiplatform presence, be it on TV, desktop or the mobile or through a responsive website. 

    There are a number of digital platforms in India that have started aggregating short form video content on news that audiences can consume on demand. Are they competition to conventional news broadcasters when it comes to the digital footprint?

    From a business owner perspective and media owner perspective, one needs to be able to be where the audiences are, be it on an investment scale or technology scale that drives one’s content. And to be where the audiences are, you need to serve where they consume the content. Rather than concentrating on just creating programming, it is important to recognise who your audiences are, where are they consuming content and what kind of content they prefer. Not forgetting your primary audience on television, it is also increasingly necessary to evolve so that you have as many touch points with your audiences as possible.

    As far as CNN is concerned we look at it positively. It comes as an advantage to have worked in a global market. We own the content we produce and showcase so we work with a number of platforms and partner with them, whether it’s Facebook, Youtube or Snapchat. While we see our content through such platforms, we also aggregate our own content, providing it to enrich the user experience, and driving audiences. So a number of these technology platforms have recognised the value of working with CNN. We don’t see them as threats but as opportunities. 

  • ‘There is a ‘church and state’ line between editorial and advertising’ :Sunita Rajan

    ‘There is a ‘church and state’ line between editorial and advertising’ :Sunita Rajan

    MUMBAI: Time and again news media, especially broadcast has come under scrutiny for compromising its editorial because of advertisers. Paid news and native advertising aren’t new to the industry and neither is the eternal debate between editorial and advertorial. Because the fact remains that the industry is heavily dependent on advertisers, and while selling content on entertainment channels is a task by itself, when it comes to news channel or other news media, it’s a completely different ballgame.

    While people are quick to point fingers and accuse media for being ‘sold’ and its content being ‘paid news’, they seldom look at it from the shoes of those who perform the tough balancing act of editorial and advertising sales and keep the machine running so more news is produced and reported.

    To understand how a popular mainstream media goes about doing its ‘business’ while ensuring that its editorial credibility is intact, indiantelevision.com’s Papri Das got in touch with CNN International advertising sales asia pacific VP Sunita Rajan to get some expert insight.

    A key member of the CNN International team, Rajan has been tasked with setting the business strategy to drive advertising revenue for CNN’s global portfolio of multi-platform products among Asia Pacific based advertisers. With an emphasis on integrated advertiser solutions across the full range of CNN’s linear and non-linear properties, she is responsible for managing strategic relationships and brand partnerships. 

    Excerpts from the interaction:

    With broadcast news being heavily dependent on advertising revenue, how does CNN go about creating news content without falling prey to native advertorials?

    I would like to break the response down in three parts. Firstly, as an advertising sales person, I don’t manage or control editorial. That’s part of the business agreement. My role is to run the business which is advertising and sales across the Asia pacific region. I think the best analogy to describe how we look at this is that there should be church and state lines between editorial and advertising. CNN is very clear about it. There is no blurring of those lines. 

    We have maintained that we keep our audiences at the heart of what we do. Our editorial ensures that every piece of content that we produce is of value to the audiences. We don’t make the news, we report the news. 

    Even in the features, long form and analysis pieces that we do, we are mindful and also extremely stringent about selecting the stories that we believe are of value to the audiences. For example, our series on Silk Route, or even a lifestyle series.

    Can you explain the business model for CNN international?

    Our business model for CNN international is of ad sales and content sales. The other stream of revenue is business development which we have initiated in the last couple of years. The three key pillars of all streams of revenue are distribution, content and ad sales.

    What happens when a piece of editorial content has a conflict of interest with an advertiser?

    I wouldn’t say there is a conflict of interest because we are not kept informed of what editorial does. Marketing and ad sales never get into the editorial meets. The only space where there’s a discussion or interface it is with the number of features content that we do special seasons or theme weeks. There are times when the editorial highlights or showcases a particular country. We have a number of franchises, like On The Road, which is focusing on India this time as its relevant to our audiences. India is being talked about and with Modi’s Make In India falling into place, the youth and their aspiration need to be looked at.

    What brings advertisers to CNN?

    We go and talk to brands and partners, we build commercial partnerships. What we sell to clients and what we bring to the conversation is the brand proposition. We talk about our audiences, scale and size, texture and profile and a bit of what these audiences care about and why they consume content on CNN, how they come to CNN for its unique content and CNN as a platform. To be honest, what brands are buying is the quality of the audience, the profile of the audience, and that’s what we showcase when we going for a pitch.

    How do you react to advertisers wanting to get an editorial favour as part of an advertising deal?

    We don’t promise the clients editorial coverage if that is what you are asking. I think the reason the clients come into conversations with CNN is because they recognise the value of the brand and they recognise the principles that CNN as an international platform adheres to. They come to us because of that integrity and the value we bring to the table, and not because they think they can influence the editorial. There are a number of channels that do operate with that market behaviour probably

    From the ad sales point of view, for me and my team, it is our job to identify themes and content relevant to the client. For example we have CNN Money, which is an online vertical that CNN operates and that’s our business proposition as well. It’s about how we present to our audience, what is unique about the content for brands and advertisers, the differentiation between how we capture the story and how others do it. Because we are not just focused in the stock markets, we go beyond that and talk about the aspirational values of stories and stories on finance and wealth etc.

    How different is advertising sales in news channels from that of other entertainment broadcasters?

    Ad sales for news, whether it’s international market or local news is very different from general entertainment channels and sports channels. Those brands and their content are very much a point of view. News, on the other hand is a must have; a daily habit. You dip in and out of it but it’s 24 by 7. It’s less about the specific show. Yes, we do have content on a specific time, be it daily weekly or monthly.  We do offer certain programs for sponsorships, everything except for news and current affairs and business as it can’t be sponsored in Europe like everywhere else. We don’t necessarily take one program to the market and ask for a sponsor for it. That’s because’ when you are buying news, you are buying the brands reach and not its audience at 7 pm or 9 pm like entertainment channels. Now advertisers may choose to place their advertisement at a specific time of the day. That’s where I come in and recommend what the media schedule will look like and which programming would be more relevant to the brand. 

    But there are editorial events such as Heroes which is a very popular franchise and is in its 10th year this year. Or a republican debate, which we do sell as a big point of view. It has specific time bands and exclusives with CNN, so an occasion such as that is sold as a standalone property.

    How important is TV viewership ratings to you from an ad sales perspective? 

    Whole news brands and channels always had a good proportion of viewership command, it is not always that a news broadcaster focuses its ad sales or the opportunity to associate with brands just based on television ratings. We don’t sell on ratings but the reach of the channel across a week and also the context or the value of the environment. It is very much a brands sale than ‘how many people are watching or engaging with the channel.’

    Both in India and in other markets, it is also about brands looking for an international platform and reach. I am not saying that we are not getting the BRAC ratings, but we are not selling on just the BARC ratings. We also very much have a multiscreen and multiplatform presence, be it on TV, desktop or the mobile or through a responsive website. 

    There are a number of digital platforms in India that have started aggregating short form video content on news that audiences can consume on demand. Are they competition to conventional news broadcasters when it comes to the digital footprint?

    From a business owner perspective and media owner perspective, one needs to be able to be where the audiences are, be it on an investment scale or technology scale that drives one’s content. And to be where the audiences are, you need to serve where they consume the content. Rather than concentrating on just creating programming, it is important to recognise who your audiences are, where are they consuming content and what kind of content they prefer. Not forgetting your primary audience on television, it is also increasingly necessary to evolve so that you have as many touch points with your audiences as possible.

    As far as CNN is concerned we look at it positively. It comes as an advantage to have worked in a global market. We own the content we produce and showcase so we work with a number of platforms and partner with them, whether it’s Facebook, Youtube or Snapchat. While we see our content through such platforms, we also aggregate our own content, providing it to enrich the user experience, and driving audiences. So a number of these technology platforms have recognised the value of working with CNN. We don’t see them as threats but as opportunities. 

  • Honda crosses 1 million sales mark in Q1

    Honda crosses 1 million sales mark in Q1

    MUMBAI: Honda Motorcycle & Scooter India (HMSI) has sold 348,793 units of its two wheelers in June 2015 against 323,136 units in the corresponding month of 2014. Continuing its positive momentum, Honda two-wheeler growth was 8 per cent (Domestic + Export) versus 6 per cent of the industry in June 2015.

     

    The domestic two wheeler sales of the company reached 331,782 units, registering a 7 per cent growth in June 2015. Also, the Q1, FY’15-16 was closed with 6 per cent growth in sales Y-o-Y for both Domestic and Domestic + Export.

     

    Honda two-wheeler exports grew 23.6 per cent, from 13,762 units to 17,011 units in June 2015.   

     

    Honda products continued to witness encouraging response with 27 per cent rise in scooter sales to 219, 650 units in June 2015 versus 166, 592 units in June 2014.

     

    Honda motorcycle sales stood at 112,132 units in June 2015 to 142,782 units last year 2014.

     

    In the month of June 2015, Honda grew at 7 per cent in domestic market which is more than double the domestic industry growth of 3 per cent. Also, the company added a phenomenal 60,677 units in Q1 gaining 2 per cent market share, while domestic two-wheeler industry declined by 1,337 units.

  • BBC Advertising gets two new sales heads

    BBC Advertising gets two new sales heads

    MUMBAI: UK’s pubcaster BBC has done some reshuffling for better revenue generation from one of its upcoming key markets-India. One such is the appointment of two new sales heads- Abhijeet Dhar and Siddharth Bhatnagar for BBC Advertising.

     

    Dhar was earlier BBC Advertising regional manager- News for north and east India while Bhatnagar was heading the same for west and south India. Both of them will handle sales for the network’s news platforms including television, online, mobile, apps, video on demand and Lonely Planet along with a team of seven others.

     

    In his new role, Dhar will handle sales for travel, IT, telecom, government, PSUs and corporate while Bhatnagar will look after auto and BFSI (Banking, financial services and insurance). They will report to BBC Worldwide sales director (news) for south Asia Taranjeet Singh who was elevated to the position in 2012 but was handling the sales for India as well.

     

    BBC is increasing its focus on India, which BBC World News CEO Jim Egan had highlighted in his visit late last year. It is also looking at a big thrust in the digital space in the country. In an earlier interview to indiantelevision.com Egan had said, “One thing particularly exciting about India is that in the other markets digital penetration is nearing saturation point but in India there is a lot of room for growth in the mobile sector and it is one of the biggest growth markets for mobile.”

     

    The sales revenue push will be for digital medium with a broad based clientele list including education and real estate. The broadcaster claims to have nearly two million visitors a month from India for its website out of which most of it is unique and exclusive.

     

    Dhar has been with BBC for six years. Prior to this, he was with Viacom 18 as senior business manager for Viacom Brand Solutions, Radio City and the Times of India. Bhatnagar started his career at BBC in 2010 before which he was with SET India as sales manager, UTV World Movies as regional head for north and west, Radio Mirchi and Am sales and marketing.

  • Mahindra Comviva strengthens global leadership team

    Mahindra Comviva strengthens global leadership team

    NEW DELHI :  Mahindra Comviva, the global leader in providing mobile VAS and financial solutions, today announced the appointment of Patrick Allainguillaume as the new Global Market Unit Head and part of the management team. The appointment is announced at a strategic time when Mahindra Comviva is aggressively focusing on extending its footprint in Europe and Americas.

    Patrick will be responsible for the laying out and implementing the global sales strategy for the company. Ambar Sur, who was earlier heading the Global Market Unit, moves to a new role in innovation and strategic business.

    Commenting on the appointment, Mr. Manoranjan Mohapatra, CEO, Mahindra Comviva said, “I am delighted to welcome Patrick on board as we continue with our growth story. Patrick will be instrumental in consolidating our business across the key regions to achieve the next growth phase.”

    Expressing his enthusiasm at joining Mahindra Comviva, Patrick Allainguillaume said, “I am excited to be a part of Mahindra Comviva’s global leadership team. Mahindra Comviva is well poised to leverage its extensive portfolio of market leading solutions that enrich the lives of over a billion people across the globe.”

    Patrick brings with him 25 years of experience in Information Technology and Telecom industry. Patrick also has an extensive knowledge in venture capital, business strategy and developing organizations internationally. He has held several executive positions for VAS organizations in Europe gaining acumen in Sales, Customer Services, World Wide Support and operations.

  • TheOneAlliance elevates Makarand Palekar to executive VP – sales & strategy

    TheOneAlliance elevates Makarand Palekar to executive VP – sales & strategy

    MUMBAI: TheOneAlliance (TOA) has elevated Makarand Palekaras to executive VP – sales and strategy for its joint venture network TheOneAlliance – MSMD.

    With over 17 years of multi-brand experience, Makarand in an earlier stint was Sr. VP sales and strategy. His association with MSMD has been for over three years and in his stint with MSMD, Makarand has shown extreme commitment and dedication and played an essential role in shaping the organisation’s prospects. Before joining TheOneAlliance he was heading sales at ESPN-Star Sports since its inception.
    Makarand Palekar looks forward for a challenging role and hopes to live up to the company’s expectations by delivering the business objectives

    Commenting on the promotion TheOneAlliance president Rajesh Kaul said, “It gives me immense pleasure and pride to announce that the board has, very rightly, decided to promote Makarand Palekar to one of the highest levels in the corporate arena. Palekar’s move to the EVP level is a clear indication that he has been instrumental in taking TheOneAlliance to the height where it is today. He has played an important role in growing revenues and contributing to the success for the company.”

    Commenting on his elevation, Makarand Palekar said, “I am extremely delighted that TheOneAlliance-MSMD has given me this opportunity in the new role. I am proud to be associated with the strongest joint venture in the distribution industry which has a bouquet of the premium channels. I am looking forward for a challenging role and hope I can live up to the company’s expectations by delivering the business objectives.”