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Aimia Joins Hands With Fractal Analytics

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Aimia Joins Hands With Fractal Analytics
Aimia, a global leader in loyalty management, has joined hands with Fractal Analytics, a provider of advanced analytics. The exclusive commercial agreement will deepen Aimia’s analytics capabilities, extending its unparalleled customer insights to deliver a more comprehensive understanding of consumer behavior and improve marketing return-on-investment. It will also extend Aimia’s loyalty expertise to Fractal’s existing clients. As part of the partnership, Aimia is making a minority equity investment in Fractal.

The partnership expands Aimia’s analytics operations, giving it access to best-in-class analytics to enhance its current core capabilities and the opportunity to rapidly embed some of Fractal’s existing predictive analytics solutions such as Customer Genomics® into Aimia’s loyalty solutions. It will also allow more rapid development of new offerings leveraging rich customer data across its programs, products and regions.

“This partnership gives Aimia dedicated access to specialised and scarce top talent as our global analytics business continues to grow,” said Eric Monteiro, Chief Strategy and Analytics Officer, Aimia, who will join Fractal’s board of directors as part of the equity investment. “Fractal brings a mature and experienced team of sophisticated analytics professionals to meet the complex needs of our clients.”

SPAR, Max Hypermarkets Announce New Partnership For India
SPAR International and Max Hypermarkets announced a new partnership agreement which will see over 30 SPAR Hypermarkets operational across India by 2019.

The new agreement builds on the previous successful partnership between the two companies which saw the launch of SPAR branded hypermarkets across six states in India. Today’s announcement will result in 13 of those stores reconverting to the SPAR brand in the coming months and a further 20 stores opening nationwide over the next five years. The plan foresees retail sales exceeding €300 million by 2019.

Dr Gordon Campbell, Managing Director, SPAR International said “Our new partnership with Max Hypermarkets reaffirms the suitability of the SPAR business model to the retail market in India. The SPAR brand values and efforts of Max Hypermarkets have enabled us to develop a strong customer franchise, and, as a result, the SPAR brand is well known and respected by consumers in India. Our previous presence in the market provides a strong foundation to grow the brand in the years ahead and we look forward to working closely with Max Hypermarkets to bring quality fresh foods, low price and a convenient shopping environment to consumers in India.”

Motherson Sumi Systems Consolidated Revenues Up By 18%
Motherson Sumi Systems Limited (MSSL), a flagship company of the Samvardhana Motherson Group, has reported its result for the fist quarter 2014-15. It reported consolidated revenues up by 18 per cent, EBITDA by 19 per cent and PBT by 27 per cent, PAT grew by 125 per cent, after providing for exceptional expenses of Rs 46 crore .

The standalone revenues up by 13 per cent, EBITDA up by 9 per cent and PAT grew by 36 per cent.

The net consolidated debt at Rs 4,195 crore, marginally up by Rs 261 crore. The company acquired minority shareholding in SMP (16.28 per cent) and SMR (4.82 per cent). Consequent upon this MSSL shareholding together with SMIL increased to 100 per cent and 98.45 per cent respectively.

V.C. Sehgal, Chairman, Motherson Sumi Systems Limited said, “The company continues to deliver exceptional performance both in terms of revenues & profitability. We thank all our customers and other stakeholders for their continued trust and confidence.”

GVK Power & Infrastructure Announces Q1 Results
GVK Power & Infrastructure Limited (GVKPIL) announced its unaudited consolidated Financial Results for the quarter ended June, 2014.

GVKPIL registered a consolidated total income from operations of Rs 712.67 Crore for the quarter ended 30 June 2014, as against Rs 699.52 crore during the corresponding quarter of the previous year.

It's consolidated net loss for the quarter ended 30 June 2014 was Rs 281.34 crore as against a net loss of Rs 30.59 crore in the corresponding quarter of the previous year. The loss during the quarter was attributable mainly due to the following reasons.

Indian Used Car Market Expects To See 10 Lakh Units Sold By End Of This Year
In recent times, the Indian auto market has seen a trend wherein people prefer to buy used cars as compared to new ones. Purchase of a used car is no longer socially frowned upon in India thanks to lifestyle changes and a more liberated mindset.

Industry experts feel that this change in preference of people might be based on a number of reasons. Used cars have a lower cost, which is something that is always bound to attract the price-sensitive Indian buyers. Also, there has been an exponential increase in the number of establishments that sell pre-owned cars. These organisations offer refurbished cars that come with warranty and the company’s stamp of trustworthy quality.

The combination of greater availability of credit, relatively low interest rates and an improving economy are expected to lift the used-car market in 2014. Market estimates suggest that the pre-owned car sector is growing at 18-20 per cent, while the organised segment is growing at 40 per cent annually. Sources say strong growth in the new-car segment from 2007-08 to 2011-12 led to a huge inventory of used cars.

Anton Rublevskyy, CEO, AutoPortal.com says that the used-car market is expected to see sales of between 10 lakh and 15 lakh units by the end of this year with the organised sector accounting for about 20 per cent of the market share.

Panasonic Launches Eluga A
Panasonic India announced the launch of its second smartphone, ELUGA A, in its globally renowned smartphone series “ELUGA”. The ELUGA series is known for its superior design, latest technology and unique user interface for enabling single hand operation.

ELUGA A has a 12.7cm (5) IPS FWGA (854x480) display, Android 4.3 (JellyBean) and runs on the powerful and power efficient Qualcomm Snapdragon 200 processor, featuring quad-core CPU, Qualcomm Adreno GPU and low power display engine for beautiful visuals, and support for  1GB RAM. Snapdragon and Adreno are products of Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated. The smartphone sports a single hand operative “Fit Home” user interface with features such as “Kwik Lock”, where the user can double tap the home screen to lock. The ELUGA A sporting 8MP autofocus camera along with 2000 mAh battery will be made available to Indian consumers from 15th of August, 2014, at an introductory price of Rs. 9,490.

Based on a Qualcomm Reference Design by Qualcomm Technologies, Inc., the ELUGA line-up offers users advanced features like Qualcomm Snapdragon Audio+ audio enhancement technology for rich 3D surround sound music, wide bass response and theater-quality audio; Qualcomm Snapdragon Voice+ voice enhancement technology for clearer conversations; Qualcomm Snapdragon BatteryGuru, a product of Qualcomm Connected Experiences, Inc., machine learning technology for extended battery life; and Qualcomm® Quick Charge for up to 40% faster charging. The ELUGA A also features support for leading Indian languages that allows the user to browse the web, chat and navigate the phone menu in his or her local language.

Junglee.Com Launches Android Smartphone App
Junglee.com, product search and price comparison website has announced the availability of its mobile app for android smartphones. This launch makes it convenient for customers to check prices of over 3.1 crore products anywhere through the easy to use app.  Customers can download the free app by simply searching for Junglee in Google Play Store or by giving a missed call to 1800 108 8080.

The app has multiple features to help customers search and get to the right product. These include an auto-suggest feature, filters to help refine results by brand, price, item condition, discount, average customer review and more attributes. In a market first, the app enables shoppers to search across  online and local sellers  together as well as compare prices across new and used products, all in one place.  In addition to checking prices, the app allows shoppers access to reviews for millions of products that are listed on Junglee.com .Shoppers can check prices  and read product reviews anywhere , at home , office and while shopping at retail stores. The seller ratings help customers evaluate sellers and choose the right one and  shoppers  can buy on the seller site or directly call sellers, from the app .

Mahendra Nerurkar, General Manager, Junglee.com., said: “We recognise that shoppers value their time and money. We are excited to bring this app to our customers.  So whether you are in a mall or at office or work, customers can now check prices and shop smart using the app. Being a lightweight app, it downloads fast from the app store, saving precious device storage space and data download charges for customers. Its simple user interface makes it easier and less time-consuming to search or browse products."

Godrej Launches Protekt Range Of Personal Care Products
Godrej Consumer Products Ltd. (GCPL) unveiled five clean, green, happy products (Materchef's Handwash Rs 81, Happy Foam Handwash Rs 99, Master Blaster Handwash Rs 81, Hand Sanitizer Rs 50 and Buzz Off  Anti-Mosquito Skin Spray Rs 60) on Wednesday (13 August) under the Protekt range comprising a hand sanitizer, three handwashes and a skin spray mosquito repellent.

The Protekt hand sanitizer is a smart-looking, smart working, alcohol-free product that kills 99.9% germs and creates a germ protection shield which protects for 8 hours. The Protekt Hand Sanitizer is also suitable for a child’s gentle skin.

The handwashes are 98 per cent naturally derived formulas packed in 100 per cent recyclable bottles. The Protekt happyfoam for kids has a soft foamy playful texture with the smell of fresh green apples. The Protekt masterblaster handwash is gentle on hands but not so gentle on germs. The Protekt masterchef’s handwash built to take away nasty kitchen smells have performance Laureth cleansers that are mild on hands but tough on grease.

The Protekt mosquito repellent is a unique water-based, non-sticky skin-spray called Buzz Off. It has upto 200 sprays and its 50 ml size makes it very convenient to carry around while travelling, going on picnics, camping, hiking or just sitting around in the garden. Buzz Off is very safe for children and can be slipped it into the bag they carry to the playground.

Lava Emerges As India’s Most Promising Brand: Report
LAVA, a mobile handset industry has been recognised as one of India’s Most Promising Brands by World Consulting & Research Corporation (WCRC).

India’s Most Promising Brands 2013-14 brings forth the brands that have grown tremendously in terms of consumer perception and have shown clear indicators in terms of potential to overtake the current market leaders through their innovative marketing techniques and product innovations.  The World Consulting & Research Corporation (WCRC) recognised 100 brands across 20 industry categories to form the Most Promising Brands of India.

The selection and result is based on extensive primary and secondary research conducted by WCRC.  Ernst & Young has been the process advisor, evaluator and auditor of the entire project. This project has culminated into a research-based listing of India’s Most Promising Brands in a well-designed coffee table book format along with a digital and broadcast format. Along with the promising brands, this platform also felicitated entrepreneurs and brand guardians that have lead these brands to the stature of being the Most Promising.