After a year of slow growth, apparel maker and retailer Provogue is reworking its business strategy to boost revenues and prop up margins, a top company executive said.
TV moghuls are ramping up the home shopping segment as it sees 35 per cent annual growth. While shopping on TV has been available for years now, a majority of Indian shoppers still prefer to touch and feel before buying a product.
With the Maharashtra government ordering closure of all multiplexes and theatres in Mumbai till August 16 due to fast spreading swine flu, the film exhibition business may incur an overall financial loss of at least Rs 25 crore from the upcoming long weekend holiday on account of Janmashtami and Independence Day.
Channel V faces a tough task. While its revamp -- a new look with focus on reality shows -- is slated for August 22, market analysts are of the view that it's almost a do-or-die situation for the TV channel.
From June onwards, millions of Bollywood buffs may now have to watch the new Hindi films at the 8,000-plus single-screen theatres across the country and not in multiplexes. This is because the talks between Bollywood producers and multiplex owners have broken down over sharp differences in the terms and conditions of the proposed revenue sharing agreements.