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Thursday, January 31, 2008

Sanguine Media - Press Release

Sanguine Media Ltd has announced that the Company has initiated a new division "PURPLE TIES", Purple signifies royalty, creativity, Luxury & nobility. PURPLE TIES will reach the "Purple People" directly by tying up with the premium & prestigious Clubs in India.

Phase 1 will be initiated in Chennai and other Southern Metros, PURPLE TIES will redefine entertainment with its creativity and spontaneity. This Tie up will help the brand managers to reach the “Purple people” through dedicated and customized happening events.

In the present marketing scenario, with so much of clutter distracting the potential customer, getting the attention from the target audience today is the key for the brand’s success. Increasingly brands turn to Innovative method to reach the Target Customers, a cost effective and rewarding solution will be to reach the target audience when they are at leisure: this will give them quality time to touch, feel or experience the product. In summary a total product experience.

In Phase 1, with more than 200 Clubs in Southern India having a combined membership of over half a million, PUPRLE TIES will emerge as an extended arm for the brands desiring to reach the Purple People.

The club Industry is growing exponentially: with the increase in the disposable income, newer and exclusive clubs are coming up even in tier 2 & 3 Cities. The present entertainment available to the club is largely restricted to Games and Film Screening.

With National & International Tie up with performing artists, chefs, designers & fitness consultants, PURPLE TIES will bring in the much needed variety in recreation and entertainment calendar of the clubs.

Cabinet likely to consider fuel price hike next week: Deora

On 31 January 2008, Oil Minister Murli Deora informed that the cabinet was likely to consider a fuel price hike next week.

The meeting with other members of the ministerial panel formed by the Indian goverment to look into the fuel pricing issue was inconclusive and no decision has been taken as yet.

Reliance Comm Q3 net up 48%
Reliance Communications today reported a 48.5% increase in consolidated net profit at Rs 1,372.83 crore for the third quarter ended December, 2007, when compared a profit of Rs 924.45 crore posted in the corresponding quarter a year ago.

According to a release issued by the company today, the group's total income for Q3FY08 was up 29.8% at Rs 4,874.20 crore as against Rs 3,755.30 crore in Q3FY07.

Domestic Funds net buyers Rs.2160 crs
Provisional figures for the day :

Gross buyers Rs.3145.68 crs

Gross buyers Rs.985.33 crs

Net buyers Rs.2160.35 crs

Hero Honda announces Q3 results

Hero Honda Motors Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 2750.10 million for the quarter ended December 31, 2007 as compared to Rs 2091.80 million for the quarter ended December 31, 2006. Total Income has increased from Rs 26996.30 million for the quarter ended December 31, 2006 to Rs 27951.70 million for the quarter ended December 31, 2007.

Puravankara Projects announces Q3 results

Puravankara Projects Ltd has announced the following Audited results for the quarter ended December 31, 2007:

The Company has posted a profit after tax of Rs 565.033 million for the quarter ended December 31, 2007 as compared to Rs 223.882 million for the quarter ended December 31, 2006. Total Revenues has increased from Rs 843.477 million for the quarter ended December 31, 2006 to Rs 1505.249 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a profit after tax of Rs 631.151 million for the quarter ended December 31, 2007 as compared to Rs 284.364 million for the quarter ended December 31, 2006. Total Revenues has increased from Rs 843.477 million for the quarter ended December 31, 2006 to Rs 1505.249 million for the quarter ended December 31, 2007

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