Companies selling air conditioners, coolers, refrigerators and ice-cream are likely to post double-digit sales growth this summer. After two years of subdued sales, the first half of 2016 proved beneficial for the companies as the temperature ... Business Standard India, 3 weeks ago
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New Delhi: Implementation of the 7th Pay Commission recommendations will give a much-needed boost to demand in the consumer durables sector, which has witnessed sluggish sales in the last couple of years, industry players said. Terming the ...ZeeNews.com, 4 weeks ago Govt wage bonanza to boost consumer demand: India Inc The Freepress Journal, 1 month ago Cabinet's pay hike nod to give huge demand push to growth Millennium Post, 1 month ago 7th Pay Commission: Durables Sector Eyes Demand Boost NDTV, 1 month ago
NEW DELHI/CHENNAI: With one crore central government employees and pensioners expected to earn more from August, on the recommendations of the seventh pay panel, home appliance and automobile companies are looking forward to strong sales this ...Times of India, 1 month ago
Maruti Suzuki is eyeing an over 25 per cent growth in sales to government employees. Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations. Car market leader Maruti Suzuki India (MSI) is eyeing an over 25 per cent growth in sales to government employees and pensioners at 2.5 lakh units this year, riding on the hike in their salaries. "Central and state government are ...Rediff.com, 1 month ago
NEW DELHI: Even as most high courts extended the deadline for phase III of digital addressable system citing shortage of set top boxes, a total of seven local manufacturers are now producing STB. This figure is almost double compared to the ...Indian Television, 1 month ago
June 2016 A Parliamentary panel has asked the I&B Ministry to consider the issue of long-term financial support to Indian manufacturers of Set Top Boxes to help them better face competition from Chinese companies. Millions of STBs have been seeded, ...Scatmag.com, 1 month ago Govt moots long-term financing for Indian STB manufacturers Indian Television, 2 months ago
Micromax is manufacturing window and split ACs at its Uttarakhand facility and will invest about Rs200 crore in the category over the next year New Delhi: Micromax Informatics Ltd will start selling air conditioners (ACs) in the next 15 days as the ...Livemint.com, 1 month ago
A model poses next to LG Electronics' organic light-emitting diode (OLED) television in Seoul. Photo: Reuters Korean chaebol LG Electronics is looking at building a local component base for its business in the country, even as the central ...Smart Investor, 2 months ago LG eyeing component base in India Smart Investor, 2 months ago
Sales of refrigerators were higher this year versus last year. Anirudh Dhoot, director, Videocon Industries, is a happy man these days. He says the 2016 summer season has been the best in three years for his company, a prominent maker of white and brown goods. And, another piece of news is adding shine on his face. India Meteorological Department (IMD) announced on Sunday that the monsoon season this year would be delayed by a week. While fast-moving consumer goods (FMCG) companies are ...Rediff.com, 2 months ago Why some companies are cheering the possibility of a delayed monsoon Smart Investor, 2 months ago Monsoon delay cheers firms riding the heat wave Smart Investor, 2 months ago
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