Business News

Future TV ties up with TAG

Kishore Biyani-led Future TV has announced that it has entered into a marketing association with TAG Media Network that will have an in-store television presence at over 500 retail outlets across the country.

The company has entered into this tie up with the aim to enhance consumer spending.

The sources said that the two networks - Future Media India Ltd (which runs Future TV) and TAG - will have a presence at over 556 stores across Big Bazaar, Spencers, More, Pantaloon, Central, and Home Store locations.

Kuwait's Alafco posts 50% rise in Q3 net profit

Kuwait's Aviation Lease and Finance Company (Alafco) has recorded 50% growth in net profit during the third quarter of the fiscal year ending September 30.
Company’s net profit in the nine months to June 30 surged to 8.3 million dinars, compared with 7.7 million dinars in the year earlier period.

The sources said that company’s third-quarter net profit climbed to 5.1 million dinars from 3.4 million in the year earlier period.