Financial Daily from THE HINDU group of publications
Friday, August 15, 2003
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MARKETING

STRATEGY


Allahabad Bank launches new deposit scheme
ALLAHABAD Bank has begun to offer its depositors the option of picking a term assurance policy at a cost lower than the market rate. The deposit-insurance scheme, Al-Ayushman Bima Yojana, is offered in association with Life Insurance Corporation ... More

ITC, Ashram join hands for `fragrance mapping'
IS it possible to enrich oneself without impoverishing another in business? Analysing the question of value of production, The Mother of Sri Aurobindo Ashram, Pondicherry, had explained that if production was truly an acquisition for the general ... More

Mainetti plans second unit
MAINETTI, one of the world's better known garment hanger brands, plans to set up its second facility in India, according to Mr Michael Stakol, Group Chief Executive, Mainetti, who was here to inaugurate the company's manufacturing unit. The ... More

`Colour Hungama' from Reliance Info
FOLLOWING up on its `Monsoon Hungama' scheme which allowed a customer to go mobile for an initial payment of as little as Rs 501, Reliance Infocomm has launched `Colour Hungama,' another Reliance IndiaMobile scheme aimed at marketing high-end ... More

EVENTS


CII to host marketing summit next week
WELL-known figures from the marketing world are expected to attend the fourth Marketing Summit `03, organised by the Confederation of Indian Industry (CII), on August 20-21. Over 500 marketing professionals will attend the two-day summit and the ... More

ADVERTISING


Starcom to build framework for accountability in sports medium
INDIA is a one-sport nation - and for too long now, sports marketing activities have also been largely of one kind, i.e. broadcast. The medium has remained underdeveloped because of a lack of accountability and systems of measuring ... More

Fortune realigns brand push; McCann given sole mandate
Fortune plans to launch its service in Karnataka in late August with Maharashtra to follow suit a couple of weeks later. More

`Hoardings mar Chennai skyline'
FIRST impression is the best impression, a cliché maybe, but holds true nonetheless, and the Chennai administration has to do something to set right the initial impression that an international visitor gets of the city, according to Mr Sami ... More

PROMOTIONS & OFFERS


FDCI to host Lakme India Fashion Week
THE Fashion Design Council of India has announced that it will host Lakme India Fashion Week with Liberty 2004 in New Delhi. According to Mr Vinod Kaul, Executive Director, FDCI, ``The venue for next year's LIFWL is being announced much in ... More

RETAILING


Raymond's Be trains its eyes on West
Mr Aniruddha said it would make business sense to tap markets in West Asia where the response to the merchandise has been very encouraging. More than 50 per cent of the sales from Be:'s Dubai store comes from expatriate Indians. More

STANDARDS & BENCHMARKS


Colas have hard fight to regain fizz
A MASSIVE dip in sales in the capital and all over the country, despite conforming to the relevant food laws - though, however, lax - is something that the cola majors perhaps had not bargained for. Driven to the wall, even as Coca-Cola ... More

CFTRI's cola test results `anytime after Saturday'
THE testing of cola samples for pesticide content is going on at a furious pace and the Central Food Technological Research Institute (CFTRI) will be completing its mandate "as quickly as possible," according to Dr V. Prakash, Director of the ... More

TRENDS


Falling CBU sales fail to daunt car producers
IT is a story no car maker wants to tell. But it is becoming increasingly clear that most of the Indian car manufacturers are finding it hard to sell completely built unit (CBU) cars in the country. Sales figures for cars such as Vectra, ... More

Happy drive for cars in July
CAR sales increased by 37.7 per cent in July as companies such as Maruti and Hyundai saw higher sales driven by aggressive finance schemes and discounts. Analysts point out that the slew of new model launches in the market over the past few ... More

NEW PRODUCTS & SERVICES


Mother Dairy launches rosogolla, rajbhog
BARELY eight days after it announced plans to manufacture and market "rosogollas", arguably the quintessential Bengali's favourite sweet, Mother Dairy Calcutta on Thursday launched the rosogolla and the rajbhog — another popular sweet here ... More

Berger Paints launches designer finishes series
IF walls can reflect arts, then homes must become a canvass for creativity! Indeed, a leading paints company has taken the cue from this possibility to position its product to test the potential of this concept, so popular abroad. Through its ... More


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Looking back
Aug. 3-Aug. 9
`India turning capital for counterfeit drugs'

Study says consumer finance dominant in South, West

TV soaps generate more lather than Bollywood

Fakes of big FMCG brands make fast buck: Study


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