Vodafone India has appointed Adfactors Public Relations to handle its public relations activity in India with effect from August 1, 2012. Commenting on the development, Suresh Rangarajan, Head – Corporate Communications, Vodafone India informed, “Adfactors PR was selected after a rigorous two-month long evaluation process by Vodafone India , which involved presentations from five shortlisted PR agencies. The evaluation was done by a cross functional team at Vodafone India .” On selecting Adfactors, Rangarajan said, “After two rounds of evaluation at different levels, on four parameters – understanding of business needs, proposed solution, capacity/ capability of the agency and presentation, Adfactors PR emerged as a unanimous choice.” The servicing team at Adfactors Public Relations will be led by Atul Takle, Senior Vice President, Adfactors PR. Commenting on the new assignment he said that the PR service will cover multiple circles, involve mainstream activities a

The Association of Investment Bankers of India (“AIBI”), a representative body of the Investment Bankers in India , in its efforts to establish best practices for the industry, has prepared a Due Diligence Manual as an indicative guide laying out diligence standards. At an event held last week in Mumbai, the Due Diligence Manual was released at the hands of Mr. Cyril Shroff, Managing Partner, Amarchand & Mangaldas & Suresh A. Shroff & Co., a leading Corporate Law firm in India . The DD Manual is the culmination of detailed interactions of AIBI with its members and international and domestic legal experts. The Manual deals with the regulatory framework, scope of diligence, standards of record keeping etc. Today’s ever changing market environment with greater emphasis on corporate governance coupled with our disclosure based regime, Investment Bankers play a key role in understanding the business of the issuer company and arriving at appropriate disclosure of all m

Jewellery retailer   Tribhovandas Bhimji Zaveri (TBZ) plans to add 30 more retail stores in the next three years and aims to tap more cities in its bid to become a strong pan-India player. TBZ currently has 15 showrooms in 9 cities across 5 states.  “This financial year TBZ plans to open 12 outlets and  by financial year 2015, TBZ’s total retail carpet space will go up to around 150,000 square feet from current 51,000 square feet “ said Divyesh Shah, Group Head, Retail Business, in a post-earnings conference call on Tuesday.. The expansion will be funded via Rs 200 crore it raised recently through an initial public offering and internal accruals. Many jewellers like TBZ have shifted to taking gold on lease, instead of outright buying as costs have increased following the sharp depreciation in rupee. The costs saved due to this shift to gold loans will also help fuel its future expansion, Shah said. The company will incur 4-4.5% interest cost on gold loans. Entire g

Net rises to Rs. 162.69 mn Tribhovandas Bhimji Zaveri (“TBZ”) Limited, a well known and trusted jewellery retailer in India, has posted Total Income (standalone) of Rs. 2,835 million for the quarter ended June 30, 2012. TBZ clocked a Net Profit of Rs. 162.69 million for Q1 FY 2013 despite a tough economic environment, higher gold prices, jewellers strike and fewer wedding-festive occasions. The EBITDA for quarter stood at Rs. 295.64 million and the EBITDA margin for Q1 FY 2013 was 10.4% as a % of total income even though the industry faced several challenges in the first quarter. TBZ maintained Net Profit margin at 5.74% for the quarter on account of a judicious sales mix of gold and diamond wherein diamond jewellery sales enhanced the margins.   Commenting on the financial performance of the Company, Mr. Shrikant Zaveri, Chairman and Managing Director, Tribhovandas Bhimji Zaveri, said, “In the first quarter following the successful completion of the IPO, our focus w

Shemaroo Entertainment in association with Toyota releases world’s first management film based on Chanakya’s teachings - ‘Chanakya Speaks - The Seven Pillars for Business Success’ on DVDs.  Produced by Shemaroo Entertainment Ltd, the film features insights from seven Business stalwarts including Mr. Narayana Murthy (Chairman Emeritus, Infosys Ltd.); Dr. Santrupt Misra (Director-Group HR, CEO-Carbon Black Business, Aditya Birla Group); Vinita Bali (Managing Director, Britannia Industries Ltd.); Subroto Bagchi (Chairman, MindTree Ltd.); Raamdeo Agrawal (Joint Managing Director, Motilal Oswal Financial Services Ltd.) and D. Sivanandhan (Director General of Police (Retd.), Maharashtra)   ‘Chanakya Speaks - The Seven Pillars for Business Success’ is an attempt to simplify the teachings of Chanakya from the Arthashastra, and make them relevant for today’s aspiring leaders in business and life. One of the 'Construct for Governance' in the book Kautilya’s Arthashastra

Tribhovandas Bhimji Zaveri Limited (“TBZ”), a well known and trusted jewellery retailer in India, has launched a brand new gifting range called ‘ Surprises’ just ahead of oncoming festive season beginning with Rakshavandhan on August 2, 2012. The TBZ Surprises collection is available in Gold, Diamond, Silver and Fusion that meet the aspirations of one and all. TBZ offers an eclectic combination of various artistic jewellery products made from precious metals to meet the needs of all generations for all occasions coupled with   great e motional value Keeping with the changing Indian attitudes towards gifting, TBZ Surprises is ideal for more contemporary and untraditional gifting occasions too. Be it a friend’s farewell, wedding anniversary, Valentine Day, parents anniversary, Rakshabandhan, Eid, Onam, Diwali, Christmas and new year, one can find amazing light-weight jewellery pieces in ‘Surprises’ collection available in all TBZ outlets in Mumbai, Pune, Thane, Ahmedabad

Ø      Independent firms grow by 10.4 percent Ø      Publicly-held agencies up approximately 6 percent Ø      At least 66,000 people employed by PR agencies worldwide The global public relations industry grew by just under 8 percent in 2011, enough to end the year as a $10 billion global business, according to research conducted by The Holmes Report. The results form part of the Holmes Report’s 2012 Global Rankings report, which also ranks the  250 biggest PR firms in the world . Industry growth of 7.9 percent in 2011 was remarkably similar to 2010, when the industry rebounded from the recession to grow by just over 8 percent. Small, midsize and independent firms once again outperformed the large multinational agencies. Such firms submitting numbers for both 2010 and 2011 saw their fee income increase by an average of 10.4 percent, reporting combined fees of $4.5 billion (up from $3.75 billion in 2010). Growth was quite a bit slower at the publicly traded holding

On 17 th   of August 2012, Federal Bank will dedicate its 1000 th   Branch to the nation. In order to symbolize this milestone event in the growth history of the bank, the Bank has decided to give a special interest rate of   10% for resident & non resident deposits of 1000 days’   maturity as a goodwill gesture .   This exclusive benefit will be available to the deposits opened during the limited period from July 30 till August 17, 2012.   Senior Citizens will get an   additional 0.50%   interest over this rate.  NRIs will get tax-free return at a high yield of 10%. This gives investors an opportunity to earn high yield over the medium term of 1000 days that comes built with complete safety.  About Federal Bank: Federal Bank is a leading Private Sector Bank with a branch network of 999 branches and 1,050 ATMs spread across the country. The Bank had total business of Rs. 86,693 crore as at March 31, 2012. It has Net Worth of Rs. 5,706 crore as at the end of fiscal 2011-12

Humans love surprises because there is a joy of discovery! Intuitively, women are full of surprises and enjoy them whether they are at the giving end or receiving end. In Indian culture and tradition, gifts are an important part of cultivating strong relationships and eternal bonding. Everyone has a sentimental value attached to gifts irrespective of when they have received the same.  Consumers in India are evolving as they gain exposure to  what's "out there" and are now keenly following   international fashion and new trends.   In fact, t he gifting concept has undergone a sea of change with recent globalization, burgeoning upper and middle class, higher disposable income and shortage of time. To cater to the modern day consumers gifting needs, Tribhovandas Bhimji Zaveri Limited (TBZ Ltd.), a well-known and trusted jewellery retailer in India,   has initiated a new concept of gifting in Jewellery segment by launching  a new collection of gifts christened “S

New Necklace Collection features both gold and diamonds TBZ offers an assured gift on every necklace purchase for a limited period Tribhovandas Bhimji Zaveri Limited (TBZ Ltd.), a well-known and trusted jewellery retailer in India, has launched its new necklace collection in gold and diamond in Andhra Pradesh to coincide with the forthcoming Varalaxmi Vratam (July 27). The new necklace collection showcases a wide variety of necklaces in attractive designs in different price ranges. This unique collection offers an assured gift on every necklace purchase.                                                                                                                                                 The  exquisite  designs are specially showcased for the festive season and features new jewellery designs with excellent craftsmanship and wide variety. A unique feature of this collection is that it is available in both diamond and gold, designed to appeal to the moder