Financial Daily from THE HINDU group of publications
Saturday, June 21, 2003
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STRATEGY


Gulf Oil plans to go global
FACED with a flat domestic market for lubricants, the Rs 400-crore Hinduja group-promoted Gulf Oil Corporation Ltd is set to unfold a series of market expansion activities, including entering overseas operations and diversifying into ... More

Apollo unveils `Health Edge Card'
IN an effort to build bridges with its consumers, Apollo Health & Lifestyle Ltd (AHLL) has launched its `Health Edge Card', which brings a range of services and is offered both at the Apollo Clinic and the Apollo Hospitals. This comes, even as ... More

ADVERTISING


3 Indian entries shortlisted for Cannes Ad fete
THREE Indian entries are on the shortlist for the much coveted film awards at the Cannes International Advertising Festival. There is `Girl Child' for the Datamation Foundation for the Indian girl child and `Save the Tiger' for Sanctuary ... More

PROMOTIONS & OFFERS


IA, AI launch scheme to fly more passengers
IN a bid to enlarge the membership of its frequent flyer programme (FFP), Indian Airlines (IA) on Friday introduced a new short-term promotional scheme, `Fly more.' The new scheme will be valid for travel from July 1 to December 31 this ... More

DIRECT MARKETING


TSN winds up operations
UNITED Tele Shopping & Marketing Company, the teleshopping outfit belonging to the Unilazer group of companies, has closed shop. Branded as TSN or Tele Shopping Network, the company started operations in 1995 and pioneered direct response ... More

MARKET SHARES


Samsung expects 50 pc growth in microwave ovens segment
"While we expect the microwave oven category to grow by over 25 per cent this year, we expect Samsung to register a growth of around 50 per cent," Mr R. Zutshi said. More

RETAILING


InterGold to expand network
InterGold, a leading diamond and jewellery retailer, has chalked out a detailed strategy to expand its presence in 54 cities across the country in the next three years and present to the Indian consumers the popular designs from around the world ... More

Oyzterbay makes debut in Vizag
OYZTERBAY, the Bangalore-based jewellery company, launched its collection of 22 karat gold jewellery in the market here on Friday. On the occasion, Mr Vasant Nangia, the CEO, said that Oyzterbay had launched the jewellery in Bangalore, Kolkata, ... More

MARKETING RESEARCH


Pesticide issue props up Himalayan water sales
ITS pink label stands out among the blue labels of packaged water brands, but the pesticide residue report has singled out the Himalayan brand further in the Rs 1,000-crore packaged water market. In the wake of the report from the Centre for ... More

BRANDS


Degrowth forces Dalda off HLL
DALDA, brought to life in 1937 by Hindustan Lever Ltd (HLL), has gone out of the FMCG major's fold, save a short-term distribution arrangement with the new buyer. Pressure on margins, continued degrowth in the oils and fats segment may have ... More

HLL to transfer vanaspati biz to US co Bunge
HINDUSTAN Lever Ltd (HLL) has found a buyer for its popular vanaspati brand, Dalda. The company on Friday informed that its edible oils and fats business in India and Nepal, which contributed Rs 388 crore to HLL's topline, is being transferred ... More

TRENDS


Toilet soaps work up 4.5 pc lather in April
THE Rs 4,350-crore toilet soap market has grown by around 4.5 per cent in April after degrowing for almost two years at a stretch. According to industry projections, while the growth of the category in the premium segment has been rather slow, ... More

NEW PRODUCTS & SERVICES


Amul launches cooking chocolate — Nation-wide rollout planned in July
The product is currently being rolled out in the markets of New Delhi and Mumbai. "Though, cooking chocolate is available in the market, it is offered only as a commodity, not as a branded product," Mr S.K. Panigrahi, General Manager (Marketing), Amu l, said. More

Raj TV plans Kannada, Malayalam channels
AFTER its foray into Telugu on June 23, Raj Television Network Ltd is planning to start channels in Malayalam and Kannada, besides launching a 24-hour national news channel and a multi-lingual music channel christened Raj Musix. The Rs 60-crore ... More

M&M launches tractor in AP
MAHINDRA & Mahindra (M&M), the manufacturer of tractors, has announced the launch of New Sarpanch 475 DI in Andhra Pradesh and plans a phased roll out of the model with slight variations in other parts of the country customising for specific ... More

DDL to launch rum brands
HYDERABAD: Damerara Distilleries Ltd (DDL) India is planning to launch 7 to 8 rum brands and three premium whisky brands in the country in a year's time. The company has launched El Dorado Superior White Rum here on Friday. DDL ... More

Bajaj Auto launches GC 1000 cargo carrier
THE launch of a diesel carrier, the GC 1000, by Bajaj Auto Ltd marks the increased focus on the cargo carrier segment by the company, which has till now been concentrating on the passenger carrier segment in three-wheelers, according to Mr C.K. ... More

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