kolkata

Luxury doesn't always have heritage

FIFA World Cup and ICC World Cup, may apparently be different ball games altogether. But Hublot, the Swiss luxury watchmaker seems well set to make this transition from being the maker of smartwatch, which referees kept glancing at during FIFA World Cup matches to the official timekeeper of ICC World Cup Cricket, looks so easy. And by getting increasingly associated with soccer, cricket, Formula One, golf, polo and so on, the Swiss watchmaker is consciously trying to break the myth that luxury watchmaker brand will necessarily have to have a rich heritage.

NASA may provide Terahertz devices for Shukrayaan-1

The National Aeronautics and Space Administration (NASA) may provide Indian Space Research Organisation (ISRO) with Terahertz devices for its Shukrayaan-1, the proposed orbiter to Venus, a senior NASA scientist indicated in Kolkata.

Bangur family feud gets murky

The feud in the Kolkata-based SK Bangur family is getting increasingly nastier and murkier by the day. A team of Kolkata Police, accompanied by SK Bangur’s daughter-in-law, Nitya Bangur, on Tuesday carried out search and seizure operations at the residence of Bangur at 16, Alipore Road, Kolkata for recovery of articles claimed by Nitya Bangur as her stridhan and belonging to her. The search and seizure was conducted armed with an order from the chief judicial magistrate at Alipore.

Keventer comes in tetra pak

Driven by its organizational and brand philosophy to emerge the way the 125 year old heritage brand started – quintessential Milk Company, Keventer, on Tuesday forayed into UHT milk in Tetra Pak under Keventer brand name. Interestingly, Metro Dairy, which is now a 100 per cent subsidiary of Keventer Agro, already has a milk portfolio under the Metro Dairy brand name, which includes sub-brands such as Rich (Standardized Milk), Metro (Toned Milk), Diet (Double Toned Milk) and GO (Cow Milk) and it also sells curd and ice-cream.

Indywood aims to turn India into global animation hub

Armed with a report prepared by KPMG, Sharjah-headquartered Aries Group promoted by Kerala-born NRI businessman Sohan Roy, is gearing up to turn films into the biggest and the most effective brand building tool in the years to come. The Indian film industry, according to an earlier report prepared by Deloitte-Indywood, is expected to grow at 11 per cent CAGR reaching $3.7 billion by 2020. That’s not all. In the coming years the volume of foreign direct investment will play a decisive role in conceiving and implementing mega projects.

Turning films into a brand building tool

Armed with a report prepared by KPMG, Sharjah-headquartered Aries Group promoted by Kerala-born NRI businessman Sohan Roy, is gearing up to turn films into the biggest and the most effective brand building tool in the years to come. The Indian film industry, according to an earlier report prepared by Deloitte-Indywood, is expected to grow at 11 per cent CAGR reaching $3.7 billion by 2020. That’s not all. In the coming years the volume of foreign direct investment will play a decisive role in conceiving and implementing mega projects.

Sanjiv Goenka plans aggressive FMCG push

Kolkata-headquartered diversified RP Sanjiv Goenka Group has drawn up an ambitious plan of notching up Rs 10,000 crore revenue from its new-found interest- FMCG business- over the next five years or so. “The group, which launched FMCG business 17 months ago, expects the business to turn Ebitda positive in the next fiscal year itself. It is also bullish about the fast growing western snacks segment and has lined up plans to eat a larger slice of the pie,” said Sanjiv Goenka, chairman, RP Sanjiv Goenka Group.

Ombudsman for digital transactions

The Reserve Bank of India on Wednesday said that it will set up an ombudsman for digital transactions. The move was prompted by the fact that with digital transactions gaining rapid pace over the past year, multiple issues such as failed transactions and wrong remittances have been cropping up.

Spencer’s rides retail growth

Spencer’s Retail, the multi-format retail flagship of the Kolkata-headquartered RP-Sanjiv Goenka Group is on an expansion spree. As starter, it is now focussing on expanding the store count in existing clusters in east, south and north of India. In this effort, Spencer’s essentially opened one store in every 10 days and thereby augmented the retail network of the chain recently by adding 9 new stores in 90 days. With this latest round of expansion, the store count of Spencer’s has now reached 146 across 37 cities.

Patton Group signs OEM contract with Mexico-based firm

While a number of global and transnational companies are now coming to India to start their business, India’s Patton Group is moving beyond borders. Close on the heels of foraying into warehousing business in the US, Patton International, has signed OEM (original equipment manufacturer) contract with Eaton Crouse Hinds of Mexico. 

Pages