Tag: Vijay Kumar

  • Kia India promotes digital chief to top marketing role

    Kia India promotes digital chief to top marketing role

    Mumbai: Vijay Kumar has climbed to the top of Kia India’s marketing ladder, taking on the role of general manager and head of marketing and public relations in September after spending seven years transforming the Korean carmaker from an unknown entity into one of India’s most recognised automotive brands.

    When Kumar joined in June 2018, Kia was a blank slate in India. His mandate was straightforward: make the brand register. Mission accomplished. Through launches of the Seltos, Sonet, Carnival, Carens, Syros, and electric models EV6 and EV9, Kia has muscled its way into India’s cutthroat car market, earning consumer trust and—Kumar’s preferred metric—love.

    Kumar’s ascent from digital marketing responsibilities to the corner office puts him in charge of brand strategy, above-the-line and below-the-line campaigns, digital operations, public relations, media planning and buying, and consumer insights. His earlier digital work earned Kia global recognition, including best digital marketing campaign honours from headquarters in 2019 for the Seltos launch, beating out 70 subsidiaries worldwide. 

    Under his watch, Kia cracked India’s top three digital automotive brands by online engagement.

    Now overseeing media strategy across Kia’s internal combustion engine and electric vehicle portfolios, Kumar reports to Shakti Upadhyay, whom he credits as mentor and guide. His stated ambition: cement Kia as India’s most loved automotive brand and a thought leader, built on creativity and emotional connections with buyers.

    Before Kia, Kumar spent over two years at Cheil Worldwide handling Samsung’s flagship mobile and television products, and nearly three years at Interactive Avenues managing digital media for brands including Reckitt and ITC. At Kia, he’s overseen performance marketing across 450-plus dealer outlets and racked up 22 marketing awards between 2019 and 2025.

    Seven years in, Kumar reckons the hard part—building recognition—is done. What comes next is keeping India’s fickle car buyers smitten. In a market where loyalty is fleeting and competition ferocious, that might prove the tougher assignment.

  • Sun TV board declares third interim dividend of 50 percent

    Sun TV board declares third interim dividend of 50 percent

    BENGALURU: The board of directors of the Sun TV Network (Sun TV) has declared a 50 percent dividend (dividend of Rs 2.50) per equity share of face value Rs 5 each for the quarter ended 31 December 2019 (Q3 2019, quarter, period under review). This is the third interim dividend disbursed by the company this fiscal.

    The South Indian television and radio broadcaster behemoth reported total comprehensive income of Rs 351.39 crore (38.9 percent of operating revenue for the quarter, which was 31.6 percent y-o-y higher as compared to Rs 267.03 crore (39.1 percent of operating revenue) for the corresponding year ago quarter.

    Sun TV reported 32.4 percent y-o-y increase in operating revenue for Q3 2019 at Rs 904.45 crore as compared to Rs 683.28 crore in Q3 2018. Total Income for the period under review at Rs 956.04 crore was 34.2 percent more y-o-y as compared to Rs 712.39 crore in Q3 2018. Sun TV says in a press release that its subscription revenue has grown by 24 percent y-o-y to Rs 349.60 crore.

    Operating profit (EBITDA) for Q3 2019 at Rs 667.20 (73.8 percent of operating revenue) increased 35.6 percent y-o-y as compared to Rs 492.04 crore (72 percent of operating revenue) in Q3 2018. Profit after tax (PAT) for the quarter at Rs 351.33 crore (38.8 percent of operating revenue) was 31.6 percent higher y-o-y than Rs 266.97 crore (39.1 percent of operating revenue).

    Sun TV reported 35.4 percent y-o-y increase in total expenditure in Q3 2019 at Rs 414.04 crore from Rs 305.76 crore in Q3 2018. Operating expenses  in Q3 2019 increased 51.5 percent y-o-y to Rs 122.77 crore from Rs 81.05 crore in the corresponding quarter of the previous fiscal. Employee benefits expense in Q3 2019 declined 0.7 percent y-o-y to Rs 71.71 crore from Rs 72.20 crore in Q3 2018.

    Finance costs increased more than elevenfold y-o-y in Q3 2019 to Rs 0.71 crore from Rs 0.06 crore in the corresponding quarter of the previous year. Other expenses increase 12.6 percent y-o-y in Q3 2019 to Rs 42.77 crore from Rs 37.99 crore in Q3 2018.

  • Dimple Kapadia collects Padma Bhushan award of Rajesh Khanna

    Dimple Kapadia collects Padma Bhushan award of Rajesh Khanna

    MUMBAI: India‘s first superstar Rajesh Khanna was posthumously awarded Padma Bhushan, India‘s third-highest civilian award this morning.


    The award was collected on his behalf by his wife Dimple Kapadia.


    Khanna died on 18 July last year.


    Padma Bhushan award was also posthumously conferred upon comedian Jaspal Bhatti, who expired last October.


    Among others who received awards were industrialist Adi Godrej and artist S H Raza received his Padma Vibhushan, India‘s second-highest civilian award.


    Wrestler Yogeshwar Dutt, shooter Vijay Kumar, Sholay director Ramesh Sippy and actor Nana Patekar received the Padma Shri. Meanwhile, Boxer Mary Kom was awarded the Padma Bhushan but was not present at the ceremony to collect it.


    The awards were handed out by President Pranab Mukherjee.


    The first batch of awards were handed out on 5 April when actresses Sharmila Tagore and Sridevi along with cricketer Rahul Dravid collected their awards.

  • Vijay Kumar joins Infomedia India board of directors

    Vijay Kumar joins Infomedia India board of directors

    MUMBAI: The board of directors of Infomedia India Limited has appointed Vijay Kumar as additional director of the company.

    Currently Kumar is with the NIIT Group as group executive vice president and his areas of responsibility include strategic corporate finance and new initiatives.

    Having worked in the banking and information technology sectors in a career spanning over 30 years Kumar brings experience in the areas of corporate strategy, finance, mergers and acquisitions.

    He has been involved in various specialized areas such as set up of strategic alliances, joint ventures and subsidiaries as well as in the areas of project financing and investment banking, informs an official release.
     

  • Gemini Communication buys out US-based PointRed Technologies

    Gemini Communication buys out US-based PointRed Technologies

    MUMBAI: In a bid to get a global presence, Gemini Communication Ltd, a provider in networking, systems integration and RFID solutions, is buying out the US-based PointRed Technologies for an undisclosed amount.

    The acquisition of the wireless product company will help the Chennai company foray into a new segment. “We were implementing solutions on other product providers. Now we can provide solutions and offer an innovative product range. The buy out will help make us the largest broadband wireless access company in South Asia,” says Gemini Communication chairman Vijay Kumar.

    PointRed Technologies has a presence in 12 countries with a turnover of $1.5 million. The company has been funded by Acer Technology Venture America to the tune of US $9.7 million.

    “We will be getting into the DSL (digital subscriber line) segment. It will also help us in expanding rural connectivity. We will be aggressively targeting ISPs (internet service providers), telecom operators and corporates with multiple points,” says Kumar.

    Gemini Communication is acquiring the entire share capital of Clear Blue Llc, the holding company of PointRed Technologies. The company owns IP’s and IPR’s products in the wireless broadband space.

    PointRed has been commercially deploying its wireless broadband access solutions worldwide since June 2002. The company offers a pay-as-you-grow infrastructure and a NLOS solution that route around line-of-sight obstacles.

    The acquisition of PointRed is expected to increase Gemini’s turnover from Rs 1.26 billion to Rs 2 billion this fiscal. “Over the years, Gemini Communication has been selling products of other companies. Through this acquisition, we will now be promoting our own brand and this will enable us to access the international markets in a shorter span of time in the wireless technology space”, says Kumar.