Investment Value: $160 mn
Joseph Massey- DMD, MCX told 4Ps B&M, “The investments by global financial services majors like the Citi Group and Merrill Lynch
signify the confidence that foreign investors are demonstrating in the ongoing reforms in the country’s economy in general and in the commodity futures markets in particular, as well as in the potential of the Indian commodity market. These investments also demonstrate the global phenomenon of consolidation and collaboration in market place to ensure presence in all important markets and time zones. As India integrates with rest of the world, post convertibility of currency, we feel these collaborations could encourage greater inboard and outbound business to the advantage of both countries and markets. The FTIL Group plans to invest the proceeds from the sale in organic and other growth opportunities including the development of the Exchange infrastructure and greenfield ventures such as National Spot Exchange, an electronic spot trading market, and National Bulk Handling Corporation, which offers warehousing and procurement services, thus strengthening the entire commodity eco-system.”
It was a deal which saw Financial Technologies, the Promoters of Multi Commodity Exchange (MCX), dispose off 15% stake in the exchange. The sale was done by India’s largest commodity bourse to institutions like Citigroup, Merrill Lynch, et al for a sum total of $160 million. Recently, another 9.55% stake in the exchange was sold (for Rs.470 crores) to ICICI Ventures, IL&FS and Kotak, with each getting 3.55%, 5% and 1%, respectively. The company has also sold stake to NYSE EURONEXT lately and is expecting to leverage best exchange practices and global know-how. There are plans like creating and strengthening a ‘pan-India commodity eco system’ too, which needs further development of exchange infrastructure.
Joseph Massey- DMD, MCX told 4Ps B&M, “The investments by global financial services majors like the Citi Group and Merrill Lynch
signify the confidence that foreign investors are demonstrating in the ongoing reforms in the country’s economy in general and in the commodity futures markets in particular, as well as in the potential of the Indian commodity market. These investments also demonstrate the global phenomenon of consolidation and collaboration in market place to ensure presence in all important markets and time zones. As India integrates with rest of the world, post convertibility of currency, we feel these collaborations could encourage greater inboard and outbound business to the advantage of both countries and markets. The FTIL Group plans to invest the proceeds from the sale in organic and other growth opportunities including the development of the Exchange infrastructure and greenfield ventures such as National Spot Exchange, an electronic spot trading market, and National Bulk Handling Corporation, which offers warehousing and procurement services, thus strengthening the entire commodity eco-system.”It was a deal which saw Financial Technologies, the Promoters of Multi Commodity Exchange (MCX), dispose off 15% stake in the exchange. The sale was done by India’s largest commodity bourse to institutions like Citigroup, Merrill Lynch, et al for a sum total of $160 million. Recently, another 9.55% stake in the exchange was sold (for Rs.470 crores) to ICICI Ventures, IL&FS and Kotak, with each getting 3.55%, 5% and 1%, respectively. The company has also sold stake to NYSE EURONEXT lately and is expecting to leverage best exchange practices and global know-how. There are plans like creating and strengthening a ‘pan-India commodity eco system’ too, which needs further development of exchange infrastructure.
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declining trend. As per TAM data, Star Movies witnessed its share drop from 5.9 minutes each week in 2006 to 4.91 minutes each week in 2007. Plus there has been no increase in ad revenues for these channels in the year 2007. If such is the case with traditional English movie channels, wonder how a foreign language movies channel would fare at the hands of both viewers and advertisers?
gawking teenager in the serial Fauji. Most girls and women loved him; as did some men. Then he arrived in Bollywood as the character Raju who becomes a gentleman – losing his soul for money and greed before redeeming himself. Then he was the successful tycoon in Kabhi Khushi Kabhi Gam. Reel life often mirrors real life, and fantasies often come true. And so you have superstar Shah Rukh Khan in a new role – a can do and aggressive entrepreneur who has global ambitions.
this as the day that you almost caught Captain Jack Sparrow...” This statement of Johnny Depp in the spectacular classic Pirates of the Caribbean summarises the predicament of the Indian movie industry. Various strategies to fight piracy till date, which started on a great note, have progressed on desperation and finally concluded by sadly accepting inevitable defeat. Movie pirates have brilliantly innovated to out-beat each tactical move by the industry. How rolls the dice now?
to be bent on living up to the benchmark in India too. With a presence in as many as 66 countries with five businesses, Cargill has been for some time testing the Indian market with the shrewdest of strategies. And why not, when India ranks second in terms of production of fruits and vegetables. Brimming with the momentum of double-digit growth and spearheading India’s retail rodeo, Rs.3.6 trillion Indian foods & beverage industry (FICCI statistics) is also emerging as a mascot for global branded food biggies. It’s perhaps no surprise then that this behemoth, in a time span of a decade, has made India its food processing and agricultural outsourcing hub for its global food business.
public issue of FY 2007-08. Thus the unprecedented oversubscription of the issue by 73 times was not a big surprise. Rather, it was expected. The brand name of Anil Ambani and the goodwill of Anil Dhirubhai Ambani Group can be said to be the foremost reasons behind the issue proving to be a hit among investors who grabbed it with both hands. In short, Reliance Power’s plan to raise money through a public issue for 28,000 Megawatt project for 2016 was a runaway success! Keeping the aforesaid risks in mind, it is also easy for all to forecast that people who invested in this IPO would make money.
market regulator Securities and Exchange Board of India (SEBI) has permitted all types of investors, including retail and institutions, to undertake short selling after a gap of six years. It had been banned in 2001, post the ruckus created by Ketan Parekh in the stock market. Some are quick to add that short selling has been re-introduced in order to stem the rampage of the bull and to provide players, mostly institutional, the opportunity of cashing in on the ebb as well.
enough to explicate the current mindset of all and one waiting to strike gold on the Indian sub-continent. Clearly, ‘rural India’ is the next battlefield... with potent names like Coca-Cola, HUL, P&G, Intel, Bharti Airtel, Nokia, AMD, ITC, LG, BSNL et al, hovering above the Indian rural skies and standing testimony to this diversion.
60 years... glorious if we could call it, or rather successful with a touch of style – that’s Eros Group for you! Even today, the company is all set to grow bigger, getting bulkier by the day, having tasted success in all its previous ventures in the fields of real estate development, colonisation, hotels & restaurants and film exhibitions business. With a land bank of roughly 500 acres in the most lucrative stretch of the National Capital Region (NCR), the company’s upcoming projects include a township and a mall each in Gurgaon and Faridabad, a corporate tower in Manesar and a 700-room five star hotel in Gurgaon. An animated and enterprising Avneesh Sood, Director, Eros Group gets candid with 4Ps-B&M while discussing his plans for the group and developments in the realty sector.
Their strength (or what they call their USP) is their expertise and experience in Internet Protocols (IP) and the IP technologies that run data networks and infrastructure. “This has been our focus from when we began operations, and what differentiates us from other companies who offer similar services. This expertise has been intrinsic to our growth as pioneers and leaders who not only launched new services over the years, but have also set the quality and process standards for both infrastructure and operations,” avers confidently David Appasamy, Chief Communications Officer, Sify Limited. Sify has a broad vision of making a qualitative difference to the lives of millions of people and organisations with the power and potential of the Internet, networks and an online environment. Did we hear them saying they to create a new environment? “We believe we can deliver this vision not only in India but also worldwide in a networked world depending on the opportunities available” reverts Appasamy. , Moreover, they always have been on the money when it comes to talent retention, both in terms of educational opportunities as well as career growth plans. Of late the launch of an array of value added services only but ensures that Sify will surely surpass all competition! 
name for the entire segment. Yes! We are referring to Xerox, the company which made its India foray way back in 1987 and penetrated in every nook and corner of the country. No wonder, today photocopy tantamounts to a ‘xerox’. But as the company expanded and wished to diversify into other businesses, the inherent bottlenecks of creating such a powerful brand came into focus. Xerox in India is mainly perceived as a brand limited to photocopying alone, wheras HP and Canon, with their diversified business have stolen the show into other relevant segments. Today, Xerox is gearing up to promote itself as a complete document management solutions company. In an exclusive interview with 4Ps B&M, H. Sivaramakrishnan, Deputy General Manager, Integrated Marketing of Xerox India Ltd., talks about these challenges and reveals the Xerox strategy for diversifying its brand image. Excerpts from the interview:
for the mustachioed mascot of the Indian ad worlds most admired Agency – Ogilvy’s Piyush Pandey! Taking off from where he left last year, the executive chairman went on to win many more laurels… Heading the list was the selection to grace the prestigious jury for the 2nd Dubai Lynx Awards, a critical component of the first Dubai International Advertising festival. His mandate was to overview the entries relating to TV\cinema, print, and outdoor and radio category. This was followed by his being chosen to judge the renowned British D&AD Global Awards 2007 in the poster category.