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  • Marks & Spencer sales up in Q4


    LONDON, APRIL 12: British high street retailer Marks & Spencer announced that sales rose in the fourth quarter of its financial year, despite challenging conditions on the high street. Group sales increased by 3.1 per cent in the 13 weeks to March 30, compared with the equivalent period of the company's previous fiscal year, M&S said in a trading update. British like-for-like sales, stripping out the impact of new floor space, climbed 0.6 per cent in the same period. General merchandise sales sank 3.8 per cent but food sales grew four per cent. "We are working hard on improving our performance in general merchandise and, despite difficult trading conditions, we made progress in our operational execution," said Chief Executive Marc Bolland in the statement.


    "Cheer for your favourite team, Each time your team wins -> Get discounts on air travel"


    New Delhi, Delhi, India, Tuesday, April 09, 2013Goibibo.com celebrates the cricketing season with the launch of "Travel Premier League": An exciting opportunity for travellers to get up-to 90% off on air tickets.

    What is Goibibo TPL? : "Every time your favourite team wins, you score big with discounts on Goibibo. The more your team wins, discounts on your tickets increase".

    Discounts are awarded on all match days and applicable for the playing cities. For example: On Delhi v/s Mumbai match day, TPL will offer discounts on DEL-MUM and MUM-DEL flights. With every win, discounts on flights will increase in multiples and decrease in the same proportion in case of the city loosing. Find complete details at www.goibibo.com/tpl/

    Exhibit below depicts the example:

    States Sanjay Bhasin, MD Goibibo.com : "Goibibo Travel Premier League is aimed at engaging intimately with our community members and leveraging social media to the hilt. We want to live very close to our travellers, deliver disproportionate benefits to them and constantly learn from them: Thereby enabling us to constantly innovate and improve our services. We will soon extend TPL to Hotels vertical too"
    About Goibibo.com: Goibibo.com is one of the top online travel platforms in India. It enables consumers to search, compare and buy across: air, bus, hotels and car rentals. Travellers can access Goibibo across screens: Desktop, Tablets and mobile. Goibibo was founded in September 2009 and within a short span it has trounced hundreds of travel websites. Goibibo.com has a strong technology enabling it to serve its customers fastest in the market. Speed, Service & TRUST are the core value differentiators. Goibibo.com has the fastest processes for rescheduling, cancellation, settlements and refunds, thereby creating trust and a superior user experience.


    Manish Sharma Appointed as Managing Director, Panasonic India- Consumer and Enterprise Division


    Gurgaon, Haryana, India, Wednesday, April 10, 2013Japan's largest consumer electronics company, Panasonic today announced the elevation of Mr. Manish Sharma as Managing Director of Panasonic India. He will be responsible for the strategic planning, sales & marketing of company's consumer and enterprise divisions with immediate effect. With this, Manish has also been appointed to the Board of Directors of Panasonic India.

    Manish, in his previous role, was responsible for driving profitable growth across the entire portfolio of consumer products and has catapulted the Panasonic brand to make it a household name across the country. Manish's elevation is a part of Panasonic strategy of streamlining business structures to increase competitiveness and profitability across the group.

    In his new role, Manish will now be responsible for the strategic planning, business development and sales & marketing functions of Panasonic India across consumer and enterprise business which caters to the B2B, B2G, and IT segments focusing on system solutions and industrial devices.

    Mr. Daizo Ito, President - Panasonic India, said, "Panasonic strategy for success in India is based on the three vital pillars - Empowerment, Localization, and Rich Communication. Manish's elevation is an integral part of driving empowerment through localization of Panasonic India's leadership. Manish's career of nearly eighteen years has spanned from hands-on operations to strategic planning and policy where he has successfully demonstrated his ability to deliver in the most difficult circumstances and has built a bright and young team. I would like to congratulate Manish on his new role and wish him all the best for his new endeavor".

    About his new role, Mr. Manish Sharma - Managing Director, Panasonic India said, "I am very happy to take on the additional responsibility in the company. At Panasonic, the business-to-business segment accounts for close to 70 per cent of the company's global revenue. We are sure that a strong and diverse market like India will present immense opportunities for the growth of Panasonic in this segment as well. Despite the consumer durables segment being challenging, Panasonic has successfully made inroads into almost each household in India; the business segment will be an opportunity for me to create a win-win proposition for both, Brand Panasonic and the Indian enterprises". He further added, "My constant endeavor will be to offer the best products and solutions to our customers and reinforce Panasonic's position as the most trusted brand through constant value creation for consumers".
    Manish Sharma joined Panasonic in August 2008 as Product Head for VIERA range of Flat Panel Televisions and subsequently took charge as Director of Marketing in April 2010 and became the Managing Director of Consumer Product Division for the company in March 2012. Manish comes with rich eighteen years of experience in industry knowledge and a strong grounding in all aspects of marketing, sales, business development, product support and customer service. He has the distinction of having worked on an extensive portfolio of electronic majors like LG Hotline, Samsung India & Haier India. Manish holds a Bachelor's in Engineering and MBA in Marketing.
    About Panasonic
    Panasonic Corporation is a worldwide leader in the development and manufacture of electronic products in three business fields, consumer, components & devices, and solutions. Based in Osaka, Japan, the company recorded consolidated net sales of 7.85trillion yen for the year ended March 31, 2012. Panasonic's stock is listed on the Tokyo, Osaka, Nagoyaand New York (NYSE:PC) Stock Exchanges. The company has the vision of becoming the No. 1 Green Innovation Company in the Electronics Industry by the 100th year of its founding in 2018. For more information on Panasonic,its brand and commitment to sustainability, visit the company's website at http://panasonic.net/.
    About Panasonic India
    Panasonic makes available in India its wide range of consumer electronics and home appliances like LCD & Plasma TVs, DVD players, home theatre systems, cameras, camcorders, car audio systems, air conditioners, washing machines, refrigerators, microwave ovens, automatic cookers, vacuum cleaners and the like. The company has a workforce of about 12,650 in India and an estimated turnover of Rs 10,000 crores in FY 2012. For more information on the company and the Panasonic brand in India, please visit http://panasonic.co.in.


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