Tuesday, October 25, 2011

Taproot beats JWT, clinches Mountain Dew campaign

Taproot beats JWT, clinches Mountain Dew campaign


Taproot beats JWT, clinches Mountain Dew campaign

Posted: 25 Oct 2011 03:25 PM PDT

This will come as another blow for India's largest advertising agency — the WPP owned JWT. After bagging the prestigious World Cup cricket campaign for Pepsi and then creating a visibly successful Airtel 'friends' commercial, independent advertising agency Taproot India, has added another brand from PepsiCo stable — Mountain Dew — to its kitty.


Taproot beats JWT, clinches Mountain Dew campaign

Posted: 25 Oct 2011 03:25 PM PDT

This will come as another blow for India's largest advertising agency — the WPP owned JWT. After bagging the prestigious World Cup cricket campaign for Pepsi and then creating a visibly successful Airtel 'friends' commercial, independent advertising agency Taproot India, has added another brand from PepsiCo stable — Mountain Dew — to its kitty.


Differences hit passage of cos bill

Posted: 25 Oct 2011 03:22 PM PDT

The new Companies Act is once again held up with the finance ministry and the ministry of corporate affairs failing to reach common ground on regulation of listed entities by Sebi and the proposals for unlisted companies.

Differences hit passage of cos bill

Posted: 25 Oct 2011 03:22 PM PDT

The new Companies Act is once again held up with the finance ministry and the ministry of corporate affairs failing to reach common ground on regulation of listed entities by Sebi and the proposals for unlisted companies.


National manufacturing zones will be managed by an SPV

Posted: 25 Oct 2011 03:19 PM PDT

The National Investment and Manufacturing Zones (NIMZ) proposed under the National Manufacturing Policy approved by the government on Tuesday will be managed by a special purpose vehicle, headed by a government official and having experts, including those on environment.

National manufacturing zones will be managed by an SPV

Posted: 25 Oct 2011 03:19 PM PDT

The National Investment and Manufacturing Zones (NIMZ) proposed under the National Manufacturing Policy approved by the government on Tuesday will be managed by a special purpose vehicle, headed by a government official and having experts, including those on environment.


Burmans of Dabur set to drive Caterham into India

Posted: 25 Oct 2011 02:34 PM PDT

The Burmans of Dabur are set to enter the luxury car business. They will drive the India plans of British niche sports carmaker Caterham Cars.


‘Manufacturing policy is a game changer’

Posted: 25 Oct 2011 02:30 PM PDT

Commerce, industry and textiles minister Anand Sharma is elated that the National Manufacturing Policy has finally been approved. He is pinning a lot of hope on the policy to ensure that the share of manufacturing in GDP increases and it aims to create millions of jobs in the next decade.


Samvat 2067 a dampener, investors lose Rs 17L cr

Posted: 25 Oct 2011 02:23 PM PDT

Samvat 2067 is one that investors would probably like to forget in a hurry. Except for a few bright spots, the year that ended on Tuesday left most investors in the red, leading to a loss of nearly Rs 17 lakh crore, the second largest such dip in its trading history.


All you want to know about SB rate decontrol

Posted: 25 Oct 2011 02:18 PM PDT

RBI has freed interest rates on savings deposits. So far, about Rs 13 lakh crore of funds parked in SB (savings bank) deposits have been receiving negative real returns because the interest on these accounts has been fixed at 4% even as inflation was two-and-a-half times that level.


Rising bond yields unnerve market

Posted: 25 Oct 2011 02:14 PM PDT

A number of dovish statements by RBI in its policy statement on Tuesday led to a rally in the government bond market, which pulled down the yield on the benchmark 10-year government securities (G-sec) to 8.67%.


Shares of banks with large SB deposits hit

Posted: 25 Oct 2011 02:10 PM PDT

The RBI's decision to deregulate savings bank (SB) deposit rates is likely to hurt the large banks such as SBI, PNB, BOB and HDFC Bank among others, whose savings account deposits account for a large chunk of their total deposits.


‘Savings rate deregulation will benefit economy’

Posted: 25 Oct 2011 02:05 PM PDT

Reserve Bank of India while announcing a 25 basis point hike in interest rates, indicated that this might be the last round of increase in its present tightening cycle that began on January 2010.


RBI ups repo, reverse repo by 25 bps

Posted: 25 Oct 2011 02:02 PM PDT

The RBI hiked key rates by 25 basis points on Tuesday, which is being seen as the last such increase because of RBI's acknowledgement of slowing growth.


Companies Bill: Finance Ministry, MCA to iron out differences

Posted: 25 Oct 2011 01:39 PM PDT

The new Companies Act is once again held up with the finance ministry and the ministry of corporate affairs failing to reach common ground on regulation.


Cabinet okays increase in Nabard’s capital base

Posted: 25 Oct 2011 01:36 PM PDT

The move is expected to extend the borrowing capacity of Nabard to enable it to extend its various activities.


India's quota in IMF to increase to 2.75%

Posted: 25 Oct 2011 07:33 AM PDT

The government on Tuesday approved a proposal to increase the country's contribution to IMF, which would make it the 8th largest shareholder in the Washington- based multilateral agency.


Yes Bank raises rates by up to 2%

Posted: 25 Oct 2011 07:30 AM PDT

Within hours of RBI deregulating savings rate, private lender Yes Bank on Tuesday hiked its saving rate by a hefty 2 per cent even as some leading bankers said they were not in a hurry to take a call as the liquidity position is comfortable.

Sensex closes 316 points up

Posted: 25 Oct 2011 05:08 AM PDT

Investors shrugged off RBI's yet another hike in lending rate to tame inflation and ended the Samvat year 2067 on Tuesday on a cheerful note.


Sensex plummets as RBI hikes rates

Posted: 25 Oct 2011 12:16 AM PDT

The BSE benchmark index fell sharply on Tuesday after the Reserve Bank of India in its second quarter policy review lowered growth estimates for the current fiscal, while hiking the repo rate by 25 basis points.


German parliament to vote on euro plans tomorrow

Posted: 25 Oct 2011 12:04 AM PDT

Angela Merkel faces a crucial parliamentary vote tomorrow on Europe's new strategy to resolve the euro zone debt crisis, which was negotiated with her EU partners at the summit in Brussels.


Rupee gains 7 paise against dollar

Posted: 24 Oct 2011 09:50 PM PDT

The rupee strengthened by 7 paise to Rs 49.75 against the US dollar in early trade on the Interbank Foreign Exchange today, boosted by higher openings in the stock market.


Sensex gains ahead of RBI policy

Posted: 24 Oct 2011 09:39 PM PDT

The BSE benchmark Sensex rose by over 114 points in the opening trade on Tuesday on sustained buying by funds and retail investors ahead of possible hike in lending rates by RBI to tame inflation.


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