AirTel
launches expense tracker service
AirTel has announced the launch of expense tracker service,
which provides customers the option of tracking their
day-to-day expenses on a daily or monthly basis. To avail
of this service, the customer has to register himself
by sending EXP REG Your mail ID {gt} to 3020.
This
service will allow a user to track expenses, while on
the move by sending an SMS. Each SMS sent to 3020 would
cost Rs 3.
Pepsi
takes back case against CSE
PepsiCo India Holdings Pvt Ltd has withdrawn its petition
challenging the report of the Centre for Science and Environment
(CSE) from the Delhi High Court. This came as the cola
company deposed before Joint Parliamentary Committee (JPC)
that was probing the pesticide controversy.
Pepsi
officials said that it withdrew its petition as the JPC
was already deliberating the issue and the company had
"full faith" in the JPC. On the timing of the
withdrawal, the official said that the company deliberated
over the issue and acted on the said date when the case
came up for hearing.
Pepsi
and its bottler filed a petition within three days of
the CSE study demanding independent evaluation of CSE's
``damaging'' report that alleged Pepsi drinks such as
Mirinda and Pepsi cola contained harmful pesticides much
in excess of EU norms.
Hyundai
to launch Getz and Elantra in India
Hyundai Motor India (HMIL) has finalised plans of launching
the compact hatch 'Elantra' and its bestselling minicar
in Europe Getz, in India. The company is now working on
the exact pricing and entry time of the launch.
Both
the cars are likely to seen on Indian roads by the middle
of next year. HMIL, presently markets four models in India
the Santro in the small car segment, Accent in
mid size segment, Sonata in the luxury segment and the
Terracan in the SUV segment. The four models are available
in over 18 variants. Globally, Hyundai offers Elantra
GLS Sedan, Elantra GT Sedan and Elantra GT Hatchback.
The company intends to launch the Elantra 4DR model in
India a compact car offering.
Company
officials say the Elantra '04 model would come with a
spacious cabin, a powerful engine, and would come equipped
with a keyless remote entry, an alarm system, an AC and
fully-powered windows, door locks, mirrors, rear lip spoiler
and all this without premium pricing while Getz would
be a practical small car suited for single persons and
small families.
The
Elantra is likely to be priced between the Santro and
the Accent close to Rs 5.5 lakh.
ITC
plans to promote organic tea
ITC Ltd is planning to add organic tea to its international
business division, known for its e-choupal network.
According
to the company organic tea has a bright future in international
business. The main attraction for getting into organic
tea is that the unit price of organic tea is much higher
than that of the CTC variety while production cost is
lower. However, the yield per acre is also considerably
below chemically treated and processed teas.
ITC
does not intend to acquire any tea gardens or factories
and instead would look for alliances and partners that
would conform to its standards for organic teas and produce
and package the commodity to the specifications laid down
by ITC.
The
company foresees that revenues from its business and e-choupal
initiatives would exceed all other sources by 2010.
Bike
makers to show case latest models at Auto Expo 2004
Motorcycle manufacturer Yamaha will showcase two new models
at the Auto Expo 2004 to be held in New Delhi from January
15 to 20. These models would be launched in the market
later in 2004.
Yamaha
currently manufactures entry level bikes in the 105-132
cc range and has not yet launched any products in the
high-powered (above 150 cc) bikes segment. Yamaha, whose
traditional strength has been the entry segment, saw a
24.5 per cent fall in its sales last month. The company
is now looking at consolidating its position in the 75-125
cc market.
The
Pune based Bajaj Auto will also showcase prototypes of
its five new scooters to be launched over the next three
years at the upcoming Auto Expo.
TVS
Motors will also participate in the Auto Expo where it
will display its long-awaited TVS Centra.
The
Auto Expo is organised jointly by the Automotive Component
Manufacturers Association of India, Confederation of Indian
Industry and the Society of Indian Automobile Manufacturers.
General
Motors introduces the 1.6-litre Optra
General Motors India is launching a 1.6-litre engine model
of its premium mid-size car 'Chevrolet Optra' this week.
What will give competitors some bad moments is the fact
that the vehicle while giving a sturdy 100 brake horse
power would cost less than the existing 1.8-litre model.
All the other features will remain the same as the existing
1.8-litre model.
The
'Optra 1.8 litre was launched in July 2003 and turned
General Motors India's luck in India. GMI's sales increased
by 66 per cent to 13,505 units during the January-November
period of 2003.
Optra
is sold in both manual and automatic transmission variants
between Rs 7.89 lakhs and Rs 10.29 lakhs (Ex-showroom
Delhi).
General
Motors India has launched new models or variants of its
existing models this year as part of an aggressive plan
to grow sales over five-fold to about 50,000 units in
the next three years.
Bike
makers restrained by HC from using Hero Honda's trade
mark
The Delhi High Court has issued an injunction restraining
local manufacturers and dealers from marketing counterfeit
motorcycle spare parts and accessories bearing the trade
marks and logo of the motor bike company Hero Honda Motors
Ltd.
Hero
Honda had alleged that the local manufacturers adopted
its registered brand name to pass off goods as that of
the bike major.
The
court ruled, "The local manufacturers and their marketing
agents are restrained from marketing the motorcycle parts
bearing the trade mark 'Hero Honda' with or without logo
or any other deceptively similar trade mark and logo".
In addition the court restrained spare part dealers from
using the packaging deceptively similar to Hero Honda's
for any counterfeit products and appointed the local commissioners
to raid their premises and prepare inventory of the spurious
products.
Himalaya
Drug Company revamps personal care range
The Himalaya Drug Company (HDC) has revamped its Ayurvedic
Concepts personal care range of about 30 products in the
country and has also brought it under its international
brand portfolio.
The company said this was a move away from the portfolio's
honest but serious appearance to a trendy and appealing
colour and design.
The
new range has a contemporary international look and is
part of HDC's global brand unification strategy of December
2001.
With
the revamp the personal care range is expected to give
a turnover of Rs 100 crore in the current fiscal. Last
year these products generated revenues of Rs 60 crore
or 20 per cent of the company's total turnover
of Rs 300 crore and have been growing at an annual
rate of 50 per cent.
The
care range includes products for the skin, hair, health
and dental care.
VK
Modi group co to revamp food chain
The VK Modi Group is trying to revive its food retailing
business venture yet again. Its group company Lombard
Street is undertaking a restructuring exercise on behalf
of the £150-million company UK-based food retailing
chain, Pizza Express.
The
Modi group is the Indian master franchisee for Pizza Express
which operates under the brand of San Marzano in India.
The
restructuring exercise involves renaming the San Marzano
chain as Pizza Express again, altering the menu to make
it more suited to Indian tastes, and dropping prices to
make its items on the menu more "affordable.
Officials
said San Marzano's Italian image did not work in India
and consumers did not care for the Italian food being
served at San Marzano. Therefore, it was decided to revert
to the Pizza Express name.
This
is the second time the restaurant chain is undergoing
a name change in India. The food retailing chain had started
operating as Pizza Express in the late 90s, it was rechristened
San Marzano in 2001 (with the exception of the UK).
Pizza
Express' has three outlets - one each in Delhi, Mumbai
and Pune.
Radio
City 91 FM, most popular in Mumbai
According to an AC Nielson ORG-Marg study on radio audience
measurement Radio City 91 FM is ahead of other stations
as far as listeners go in Mumbai City.
The
report, research for which was conducted amongst 2,000
listeners aged 12 years and above across socio-economic
classes A to E for the period August 12-October 6, 2003,
indicates that the total radio listenership for Mumbai
is 51.44 lakh, with an average listening time of more
than two hours per day.
Trent
to enter food retailing
Trent, the retailing chain of the Tata group aims to become
one of the largest retail houses in the country on the
back of Westside, its departmental store chain, and its
proposed food retailing project.
Simone
Tata, chairperson of Trent, said the economics of the
food retailing initiative was being studied by Trent officials
and the project would go onstream by next year. Trent's
entry into the foods business would be spearheaded via
a separate brand, the name of which is to be kept strictly
under wraps for the present.
Tatas'
entry into the foods business would put it in direct competition
with established retailing chains such as Food World and
Giant.
Compiled by Mohini Bhatnagar
also see : List
of reports on marketing review
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