HSBC as Lead Sponsor For YouTube

Google YoutubeYouTube, world’s largest online video-sharing site, which will be streaming the third edition of the Indian Premier League live, has revealed to lure in six sponsors so far.

YouTube is reported to have signed on HSBC as one of the lead sponsors for the live online streaming of IPL matches.

Moreover, sponsors who are landing on board on YouTube are being categorised under Gold and Silver sponsors with brands like HP and Samsung also joining the sponsor cue.

A Google spokesperson quoted, "We are excited by the response that live streaming of IPL matches in YouTube has evoked amongst advertisers in India. HSBC is one of our sponsors and beyond this, we are unable to comment on specific partners and initiatives.”

However, Google spokesperson preferred to remain silent on other sponsor. HSBC has come on board as a gold sponsor on YouTube; sources said that technology brand HP is also looking at an online association with YouTube as a silver sponsor.

On the digital marketing route and the association, Maitri Kumar, head - marketing, HSBC, said that it’s an opportunity to associate with such a high profile event without becoming part of the clutter.


Miscellaneous

Overseas firms look past weakness in Indian economy

Overseas firms look past weakness in Indian economy

Global firms are making huge investments in India's consumer market, despite the overall weakness in the Asia's third-largest economy.

In the recent past, consumer goods giant Unilever announced its decision to invest $5.4 billion to increase its stake in its Indian arm Hindustan Unilever Ltd.

Available figures suggest that foreign companies collectively spent around $9.86 in mergers and acquisitions in India this year. The figure is the highest in Asia.

Chennai-born Mittu Chandilya to pilot AirAsia’s India operations

Chennai-born Mittu Chandilya to pilot AirAsia’s India operations

AirAsia's CEO Tony Fernandes on Wednesday revealed the identity of the person who will pilot the Malaysian airline's India operations.

Fernandes, the promoter of AirAsia, had announced in March that the airline had selected a very smart boy from Madras, with an amazing CV, as the CEO for AirAsia India.

Revealing the identity of the AirAsia India CEO, he yesterday said the CEO is 32-year-old, Chennai-born Mittu Chandilya, who is currently based in Singapore.