Sharp Corporation of Japan, on Wednesday, announced signing a distribution agreement with Eltech Appliances Pvt Ltd (EAPL) to launch its air-conditioners in India. Speaking of the agreement, M Ejazuddin- MD,…Read More
It’s March already and India has begun to face the scorching sun. The Indian Meteorological Department (IMD), in its outlook for summer 2019, has warned many Indian cities of heat…Read More
Shares of Voltas Ltd sizzled this past month, gaining 18 percent before cooling off. Better prospects in its air conditioning (unitary cooling products or UCP) division dovetailed with a strategy…Read More
Xiaomi Corp., the largest smartphone seller in India, is trying to transform itself into the country’s “coolest tech brand” and eventually becoming a household name across technology segments. “I really…Read More
Blue Star Ltd plans to start construction of the Sri City plant in Andhra Pradesh by 2021, a company official said on Monday. The air-conditioning major had purchased 23 acres of land from a private developer at a cost…Read More
Haier Group is looking at India as one of the most “strategic market” globally and expects the local unit to become a billion-dollar company by 2020 and be among top…Read More
Orient Electric, part of the CK Birla Group, is looking to strengthen its appliances business by diversifying into newer geographies, consolidating its presence in existing markets and expanding its retail…Read More
Xiaomi — India’s largest smartphone manufacturer with its headquarters in China made its biggest investment in India so far of Rs. 35 billion. Xiaomi’s total investment of Rs. 35 billion…Read More
Blue Star is planning an investment of Rs. 185 crore in the next fiscal as the air-conditioning major prepares to take advantage of demand revival. The company, which is celebrating…Read More
LG recently announced the launch of 54 new dual cool inverter air conditioners in India. The price starts at Rs 31,990 and goes upto Rs 69,990. The new models come…Read More
Vishal Barot has resigned from the post of Chief Financial Officer (CFO) of Mirc Electronics Ltd due to personal reasons from the closing of working hours on March 15, 2019….Read More
Innolux has said that it does not rule out the possibility of building up manufacturing facilities for TVs in India to enhance its deployment in the local TV market, according…Read More
The country’s largest smartphone maker Xiaomi plans to significantly expand its offline retail footprint this year to expand sales, including for television. The company plans to expand its various retail…Read More
Consumer durables brand Lloyd, a part of Havells India, has roped in Bollywood star-couple Deepika Padukone and Ranveer Singh as its brand ambassadors, replacing Amitabh Bachchan. The newly-wed couple will…Read More
Voltas Limited, India’s No. 1 AC brand, from the house of Tata’s has launched its new Brand Shop – M/s Shalimar Marketing, in Jalandhar’s premier shopping area. The brand store…Read More
