Brands
HUL’s Axe takes a ticket to the IPL
MUMBAI: Sachet pricing. That’s a tack that’s worked like wildfire amongst India’s masses who lie at the lower end of the customer pyramid. Shampoos, soft drinks, detergents – almost every category and brand has tried it – with much success. They have scaled their offerings to mini sizes to make products affordable and usable by those in the hinterlands and those short on money.
India’s savviest marketing company, the giant HUL, has been using the IPL to promote Axe Ticket, a miniaturisation of the famed Axe perfume which it launched in February 2018.
The 2018 version came in a 17 ml size and was priced at Rs 65. A concentrated perfume, it could be used for 250 sprays, but required three or four pumps to give the wearer odour protection and make them attractive to the opposite sex. The Axe mini-ticket followed in late 2019 in a 10 ml size priced at Rs 35, but promotion was suspended on account of the Covid2019 pandemic.
For the past two months, the mini-version has been back, but with the sobriquet Axe Ticket. A humorous campaign which is airing during the IPL telecast shows folks in an ATM queue all masked up and keeping socially distanced from each other. One of them brings out his Axe ticket and sprays himself. Presto, the perfume gets to a pretty young thing who is immediately drawn towards him and turns around and parks herself in a demarcated space just before him. Pop comes the message: “Smell ready. Axe Ticket at Rs 35 only. “
The TVC ends with an older bald man, bringing out his Axe Ticket, hinting that he will spray himself with it, in the hope of luring the lady behind him in the queue.
Why does HUL need to promote a smaller pack under the Ticket brand and at a lower price? The reasons are obvious: the pandemic has resulted in incomes getting clipped, jobs being lost, and the mood getting pretty sombre amongst the target audience for the perfume: the young Indians.
Hence, HUL is attempting to induce purchases of an item considered a luxury by most – at a time of cash paucity. At Rs 35 for 10 ml, it comes within the reach of many who buy adulterated duplicate perfumes from the roadside at prices double that. And with the promise of longer lasting fragrances such as wood and chocolate, Axe Ticket thus looks attractive.
Brands
Adani Enterprises takes full control of IANS with final stake buy
Rs 4.7 crore deal completes acquisition, making news agency wholly owned unit
MUMBAI: Adani Enterprises has tightened its grip on the media space, completing the acquisition of the remaining stake in IANS India Private Limited and turning the news agency into a wholly owned step-down subsidiary.
The final leg of the deal was executed through AMG Media Networks Limited, which picked up the balance 24 per cent Category I shares with voting rights and 0.74 per cent Category II shares without voting rights. The all-cash transaction, valued at Rs 4.70 crore, brings to a close a process first set in motion in January this year.
A regulatory filing under SEBI confirmed that the acquisition was completed on 24 March 2026. The company also disclosed the development to BSE Limited and National Stock Exchange of India Limited, in line with listing requirements.
With the transaction now wrapped up, IANS sits fully within Adani’s media fold under a two-tier structure led by AMNL. While classified as a related party transaction, the company noted it was carried out on an arm’s length basis.
Founded in 1994, IANS has long been in the business of gathering and distributing news content. However, its financials tell a softer story, with turnover slipping over recent years to Rs 8.81 crore in FY25 from Rs 11.86 crore in FY23.
For Adani Enterprises, the move signals more than a tidy consolidation. It sharpens its media ambitions, placing IANS firmly within its growing content and distribution play.
