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Titan medium & long-term outlook good, need to tighten belts in near term: MD

Our revenues were flat in a quarter where the industry consumption on gold was minus 32% in tonnes.




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Wildcraft India bags a deal to make rucksacks for the Indian Army

“We have bagged a multi-million dollar order from the Ministry of Defence to make rucksacks for the Indian army. It is an unchartered territory but creating an ideal rucksack for an Indian jawaan who spends maximum time outdoors in challenging terrain will be good learning. The order will be executed next year,” said Siddharth Sood, cofounder of Wildcraft India.




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Panerai CEO sees India as key market for luxury watches

While early movers like Rolex, Omega and Tag Heuer entered India in early noughties, a clutch of global luxury watches like Panerai are now placing bets on the Indian market, keeping in mind a longer investment horizon. In a bid to create a deeper connect with the Indian consumers, Panerai launched two MS Dhoni special edition watches on Wednesday.




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Lenskart FY19 loss narrows, topline jumps 56%

Total expenses for fiscal year 2019 came in at Rs 514.52 crore, up about 20% compared to the year-ago period when expenses were at Rs 429 crore.




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Titan’s festive quarter sales hit by protests in various parts of the country

“Sales in all divisions in the second half of December were also impacted to some extent due to forced store closures due to the protests in the North East and in many other parts of the country,” the company said in a stock exchange filing on Saturday.




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Traditional watches to get a sporty twist as athleisure trend picks up in 2020

The growth of healthy lifestyle has added impetus to the athleisure trend.




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Muted consumer sentiment will continue for many months: CK Venkataraman, Titan

“We certainly expect FY21 to better than FY20, because we are going to work smarter and harder on many things that we need to do. But at the same time, we are prepared for a situation which is going to be very-very tough.”




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Getting good quality retail in India is a challenge: Niladri Mazumder, Seiko India

Retail in India has not developed at the same pace as the products. Getting good quality retail is a challenge. The country has limited number of malls. There is no high street.




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Smaller town push to help Titan hit 15-20% revenue growth

Jewellery remains the main business of the company, generating most of its operating profit (EBIT). It added 34 jewellery stores in the first nine months and plans to add another 16 by the end of the fiscal taking the total store count to 337.




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Titan acquihires HUG Innovations, with an aim to strengthen its smart wearables division

The watchmaker will form a development centre in Hyderabad with HUG in hardware, firmware, software and cloud technology and has appointed the company's founder Raj Neravati to head technology for wearables at Titan Company.




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Lavie launches newbrand Lavie Sport

According to the company, each piece will have features such as front quick-access pockets, anti-theft zippers, mesh back padding and multiple spacious compartments found throughout the collection.




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Smartwatches help Titan turn around business

“Titan phased out its older models and launched Fastrack’s Reflex 2.0 in the 2018Q3. It helped the brand to get a healthy 70% sequential growth in its overall shipments in the overall wearable segment,” IDC said.




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Swiss watchmakers see exports plunge amid pandemic

Exports to Hong Kong, the sector's biggest market, plummeted 41.3 percent, while exports to France fell 48 percent, and those to South Korea were down 46.2 percent.




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Macrogroove, three-dimensional sonograms

The unpredictable resurgence of vinyl has rekindled an interest in physical sonic structures. Gilles Azzaro’s “Macrogroove” realises the idea of a three-dimensional sonogram. It is a 3D printed ‘audio coding’, which is played by a laser beam, scanning the form




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(edited by) John G. Hanhardt, Gregory Zinman, and Edith Decker-Phillips – We Are in Open Circuits: Writings by Nam June Paik

The MIT Press, ISBN-13: 978-0262039802, English, 464 pages, 2019, USA

Nam June Paik is back in the limelight, thanks to an important historical exhibition at Tate Modern (see the report in this issue). There has




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Holly Herndon ‎– Proto

CD – 4AD

In her previous two albums – Movement and Platform – Holly Herndon has already demonstrated her vocal control in a very original and structured way, despite the use of distortions, effects and extreme edits. She was perfectly




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The Visit, realistic simulation of a reality that already exists

The elderly Viv notices our presence and invites us to sit in her kitchen, right there in front of her, where she can see us. Thus began the interactive video experience “The Visit“, born from the collaboration of the artist



  • News
  • new media art

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Nina Sun Eidsheim – The Race of Sound: Listening, Timbre, and Vocality in African American Music

Duke University Press, ISBN-13: 978-0822368687, English, 288 pages, 2019, USA

Eidsheim starts this book by introducing ‘the acousmatic question’ (“who’s this, who’s speaking?”) to discuss the dichotomy between a sound and its source before and




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Alan Licht – Sound Art Revisited

Bloomsbury Academic, ISBN-13: 978-1501333774, English, 208 pages, 2019, UK

This is the second (revisited edition) of one of the first books addressing sound art as such, attempting through a diversified research a consistent and universal




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Sulco (Medida de Corte), aural passages

One of the roles of sound art is to transform spaces by changing how we perceive them. Miguel Carvalhais and Pedro Tudela have mastered this approach in recent years, constructing installations made in classic or adventurous places whose sound, in




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This Side of Jordan - Mandolin Orange

For Andrew Marlin, the genesis of Mandolin Orange’s 3 rd CD “This Side of Jordan” evolved from a near-tragic incident in his own life back in 2011 that occurred around the release of the duo’s 2 nd CD. (AM) “What happened was I was on this dam just down the road from where we live. It’s a popular swimming spot. It was a little early in the morning and I just got a little too close and fell over the dam. Luckily I just broke my pelvis, but it was an eye-opening experience. It could’ve gone so many ways. I think it had a huge impact on this record, opening up my eyes to mortality and how crazy just little instances like that go. I can go one way or the other so fast.” But while Andrew says that accident definitely affected the production of “This Side of Jordan,” the spiritual aspect that runs throughout the disc may have come out anyway, given the style of music that he and partner Emily Frantz partake in. “I grew up in the church. My mom, she always played for the church when I was




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Something Real - Underhill Rose

INTRO -- An Asheville Americana trio is starting to get some national attention with airplay of their second CD taking it into the Top 20 of some radio charts. The national attention comes courtesy of some humble origins that embarrassed teenagers across the country can probably identify with. George Olsen has more. Time in the car with parents can sometimes be irritating for the kids, sometimes beneficial, sometimes both. “I grew up listening to my mom singing harmony with Joni Mitchell and Bonnie Raitt and Barbara Streisand full tilt, full volume every time I was in the car for many years. At the time I was “oh, mom, stop.” Eleanor Underhill, one half of the namesakes of the Asheville trio Underhill Rose. It took a while for the Joni Mitchells and Bonnie Raitts to sink in though. Eleanor says there was a lot of Janet Jackson and Paula Abdul in her youthful listening, but it seems the more acoustic oriented choices of her parents won out, as evidenced by Underhill Rose’s new CD




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Traditional Duets - Lynda Dawson & Pattie Hopkins

INTRO – If you like your country or acoustic music slick and highly produced, don’t buy the following CD by Raleigh’s Lynda Dawson and Greenville’s Pattie Hopkins. One guitar, one fiddle, two voices … that’s it … and the CD’s title tells you everything you need to know about the music inside. George Olsen talked with Lynda & Pattie and has this. When I receive music in the mail the first thing I might notice is the CDs title. In the case of Lynda Dawson & Pattie Hopkins CD “Traditional Duets” the first thing that popped into my head was “they certainly didn’t expend a lot of energy naming this disc.” After listening to the disc my review changed to “great music, boring name.” Boring or not, Lynda & Pattie somehow stumbled upon a perfectly descriptive title for their CD that somehow after centuries of traditional music is absolutely unique. (PH) “Traditional Duets was actually a place holder with our graphic design artist and toward the end of the project we fell in love




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Carolina Jamboree - the Red Clay Ramblers

INTRO – The Triangle’s Red Clay Ramblers have been involved in a number of artistic collaborations … with Academy Award and Pulitzer Prize nominated playwright and actor Sam Shepard for two of his films and one off-Broadway play and with the late Doug Marlette on the musical based on his comic strip Kudzu, amongst others. Another collaboration took the band away from stage and screen into a different realm, and about nine years after its debut the music is now available on CD. George Olsen talked with Bland Simpson of the Red Clay Ramblers and has this. The latest CD from the Triangle’s Red Clay Ramblers “Carolina Jamboree” plays out as somewhat of a “greatest hits” CD … the bulk of the material spans the band’s 40+ career from the early 1970s to present day. And the band has performed the entirety of the “Carolina Jamboree” CD multiple times for multiple audiences. But the likelihood that the crowd was laser-focused on the band is doubtful … given all else that was going on. “And when




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A Place to Run - Jeanne Jolly

In the wake of events that sadden or frighten us, the option is to move forward or fall back. Raleigh’s Jeanne Jolly chose the former. “ I was searching, and I think that, when I went through a tough transition in my life, losing my mom, and came back home to NC to do that and be around her and be with my family and focus on that, I think that was the probably the moment in my life that I decided to do what… do everything I wanted to do musically even if I was afraid of it, and I think writing songs is scary and really vulnerable.” Jeanne has apparently gotten past the fear, now with a third CD release of original material. And moving even further past that fear, the new CD A Place to Run finds her starting a transition away from the country and Americana sounds featured in her first two releases. “ This record really brought out more soul and more grit which I definitely feel is more natural these days rather than … I think a variety is good. I’m not going to be able to help putting




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Sing - Jennifer Licko

INTRO – A new CD by ENC native Jennifer Licko took a long, circuitous and electronic path toward final production. George Olsen has more. “It was a really nice collaboration of an Irish producer in Minnesota, an English producer in Florida and a Brazilian producer here in Brazil and I think it made for an interesting outcome.” … made even more multi-cultural by the fact the performer is a Swansboro native and East Carolina University graduate performing primarily in Scots Gaelic. Jennifer Licko discussing the virtual miles put in producing her latest CD “Sing.” Jennifer has lived a rather peripatetic life since graduating from ECU in 1998… time in Scotland, time here in eastern North Carolina, time in Brazil, time in Minnesota, time back in Brazil as of this date and time. The production of the new CD “Sing” also has that peripatetic motif. The English producer facetimed into a studio in Brazil to produce her vocal tracks with the Brazilian producer wherupon the Irish producer in




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Supplies of electronics feel the pinch

“While we are yet to feel the pressure in products sourced from third-party suppliers, there are shortages in Apple’s original accessories,” said one of the re-sellers of the American brand in an upmarket store at Gurgaon.




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Virus impact: Offline retailers running out of handsets as distributors hoard

Industry watchers say wholesalers are holding back stocks of popular phone models in anticipation of a price rise by the month-end as production in China slows; brands as yet unaware of complaints.




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China-made phones off speed dial as supply chains disrupted amid coronavirus outbreak

“There are supply issues for several brands. There is no clarity when the situation will normalise,” said Nilesh Gupta, director at Vijay Sales, a leading electronics retailer in Mumbai and New Delhi. “If it doesn’t get corrected fast, we may move into a stock-out situation from next month.”




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Trump helped Apple begin its India retail journey: Cook

In an interview with Fox Business, Cook said: "I see India as a huge opportunity for us. For years, we could not enter there unless we entered there with a partner into retail and we did not want to do that. We wanted to maintain control of our brand and so forth".




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COVID-19 forces Apple to temporarily close retail store in Italy

Due to an 'abundance of caution' as the coronavirus threat loomed, Apple closed all retail stores, corporate offices and contact centres in Mainland China. Last week, Apple warned that coronavirus outbreak will affect its business in the January-March quarter as worldwide iPhone supply will be temporarily constrained




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Coronavirus : Apple reopens 90 per cent of retail stores in China

Apple reopened 38 Apple stores which were temporarily closed after the epidemic, state-run China Daily reported. Only four stores remain closed.




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Apple’s 1st own India outlet to come up at BKC

US phone-maker said to have leased 25k sq ft space at Maker Maxity mall in the Mumbai hub.




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Cellphone retailers appeals to Finance Minister requesting her not to raises taxes on mobile phones

"We strongly appeal to you to not increase GST on mobiles. The increase of 6% would directly lead to hike in prices of product, impacting consumer behaviour leading to a slowdown in demand affecting business adversely,” said the letter written by AIMRA national president Arvinder Khurana.




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Apple reopens all 42 retails stores in China

The tech giant closed all retail stores in the country from February 1 based on the advice from leading health experts. It aimed to reopen stores on February 9 but that date ended up being extended. The closure of Apple's retail stores in China, along with supply issues, has affected iPhone sales in the country.




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Apple to close retail stores worldwide, except Greater China, until March 27

"We will be closing all of our retail stores outside of Greater China until March 27," Apple CEO Tim Cook wrote in a letter posted on the company's website.




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GST rate hike on mobiles: Xiaomi, ICEA, CAIT, AIMRA say move will seriously harm the industry

The decision was taken in the 39th GST Council meeting chaired by finance minister Nirmala Sitharaman. The move was made to correct the inverted duty structure. ​




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France slaps Apple with record 1.1 bn euro fine

The authority said it found that Apple acted to prevent independent retailers in France from competing on price and abused its economic power over them.




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COVID-19: Offline retailers urge FM, NBFCs to allow delays in EMI payments

The industry body represents 1.50 lakh mobile retailers who may be unable to pay their monthly instalments and interest towards credit cards, vehicle loan, home loan and business loans taken by them. A similar letter highlighting the concerns of the mobile retailers was also sent to non-banking finance companies (NBFCs).




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Covid lockdown: Smartphone makers ping government for essentials tag

Industry bodies Manufacturers’ Association of Information Technology (MAIT) and India Cellular & Electronics Association (ICEA) have written to the government seeking concessions in the delivery of smartphones among other electronics devices and removal of restrictions on the movement of components for inland and export purposes.




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Phone retailers seek MDR and DBD fee waiver

“We would appreciate it if the Finance Ministry could approach the RBI or the respective authorities to direct NBFCs and Banks to waive off DBD (dealer by down) and MDR (merchant discount rate) charges to retailers on paper finance and on digital transactions for at least 6 months post lockdown,” All India Mobile Retailers Association said in a letter to finance minister Nirmala Sitharaman.




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Offline phone retailers approach home ministry to restart shops

“We recommend allowing all physical shops dealing on sales, repair and service activity of mobile phones, mobile devices (laptops and tablets) and their supporting accessories to be opened on a limited basis (three days a week for five hours) with limited number of staff,” AIMRA said in an April 17 letter to union home minister Amit Shah.




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Handset makers, traders urge govt to allow device sales via offline retail

Handset makers and offline traders have urged the commerce and home ministries to allow the sale and service of mobile devices and its accessories through offline stores in the country.




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'Essentials tag' call divides handset makers, retailers

All India Mobile Retailer Association (AIMRA), which represents 1.5 lakh such retailers across the country, wrote to commerce minister Piyush Goyal to not consider mobile handsets as essential items.




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Mobile phone retailers set to reopen stores where allowed

"All standalone (single) shops, neighborhood (colony) shops and shops in residential complexes are permitted to remain open in urban areas, without any distinction of essential and non-essential," the ministry of home affairs said in a notification on Friday.




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Samsung resumes limited operations at Noida plant

The state government has given permission to various companies, including Samsung, to start operations with a maximum of 3,000 employees in a manufacturing unit.




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Instant messaging app LINE to foray into gaming space

Soni said that the company wants to keep users engaged through localised stickers, deals and future products like games.




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Microsoft to launch Xbox One in India through Amazon this week

Xbox will be available for Rs39,990, while the model with Kinect, an interface that allows the use of gestures to play games, will cost Rs45,990.




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Anil Ambani-led Reliance Games to incubate and invest in gaming startups

“For incubators, we want to look at India as the first starting point,” said Manish Agarwal, CEO of Reliance Entertainment.




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This new feature could make 'Super Smash Bros' the game of the year

There's no better game to play with friends than "Super Smash Bros." And it's about to get even better.