Corporate

Brand Integration on cards for retail majors

To address the problem of running too many brands and overlapping business operations, two of the biggest retail players, Spencer’s and Future Group have decided to reduce the number of brands and store formats.

Ranbaxy to adopt 3-tier branding structure

Ranbaxy to adopt 3-tier branding structure
The diversified Ranbaxy group is rebranding three segments of business in which it is present. It is extending the brand ‘Religare’ to other businesses to adopt a common branding structure. The healthcare services of the group, SRL Ranbaxy (diagnostic chain) and Fortis Healthworld (pharmacy chain) would be renamed with Religare prefix.

E*Trade exit Investsmart, HSBC joins in

E*Trade exit Investsmart, HSBC joins in
Marking its entry into the lucrative broking space of the Indian market, HSBC , through its subsidiary HSBC Securities and Capital Markets (India) is buying out 73.21% stake in broking and investment banking firm, IL&FS Investsmart for around Rs.1000 crore at Rs.200 per share.

Reliance to use petrol pump space as highway malls

Reliance to use petrol pump space as highway malls
After taking a beating in its front-end petroleum retail venture, Reliance Industries is planning to convert the closed outlets into malls and multiplexes. Of the 1432 outlets closed, 500 are company owned and rest dealer-owned.

Viacom18 unveils a new entertainment channel, Colors

Viacom18 unveils a new entertainment channel, Colors
In the growing breed of GEC channels in India, another new channel is to be launhced in July called ‘COLORS’. The channel is brought by Viacom18, which is a equal JV between Viacom and Network18.

Bharti’s bid for MTN – making of a telecom global giant

Bharti’s bid for MTN – making of a telecom global giant
Bharti Airtel has aspirations of becoming a telecom leader of the emerging countries by placing a bid of $19 billion for 51% stake in Johannesburg based MTN, a telecom company having operations in 21 countries of Africa, Middle East and Europe.

Adlabs go in for a name change to reflect ADAG image

Adlabs go in for a name change to reflect ADAG image
India’s largest multiplex chain, Adlabs is going for a rebranding exercise to bring the name is sync with the group’s other entertainment ventures such as FM, DTH, DVD rental, music and movie production.