Hot AC stocks: Sizzling summers, increasing demand, affordability all set to push up the stocks of these companies, but challenges remainRoom air conditioner companies anticipate robust growth in the March 2025 quarter. Early summer heat is expected to drive demand. Higher re...
28 Apr, 2025, 10.39 AM IST
Sandro Tonali faces 10-month football ban for betting violations, Euro 2024 dreams dashedThe investigation conducted by the Italian Football Federation (FIGC) implicated several other players, including Juventus midfielder Nicol...
26 Oct, 2023, 06.48 PM IST
Newcastle Midfielder Sandro Tonali faces police probe and potential ban after agent reveals gambling addictionNewcastle midfielder Sandro Tonali is facing a police probe and a potential ban due to his gambling addiction, according to his agent. The ...
17 Oct, 2023, 10.43 PM IST
India's imports from China increased 29% in 5 years: Centre in ParliamentOn whether the Government is taking measures to reduce dependence on imports from China, especially since the mid-2020 Galwan clash, MoS An...
28 Jul, 2022, 10.48 PM IST
India's position on Cryptocurrency vindicated by global trendsThe Indian government has been very careful not to legitimise crypto trading. It says that they are taxing crypto because people are profit...
05 Jul, 2022, 11.08 AM IST
India faces flak at WTO over import curbsTaiwan said the curbs in place for almost two years have affected its exports to India, resulting in a "sharp decrease of exports in 2020 a...
02 Apr, 2022, 01.09 AM IST
India remains a cool market for AC companies even after Covid disruptionsAccording to a report by Frost & Sullivan and the Consumer Electronics and Appliances Manufacturers Association (CEAMA), there are double-d...
22 Feb, 2022, 01.53 PM IST
Duty-free access sought from UAE for eggs, textiles, spicesAt present, the UAE has banned poultry imports from India due to concerns over bird flu while India's textile exports are levied a 5% duty.
10 Dec, 2021, 07.45 AM IST
PLI to help to Indian AC industry to compete globally, local component ecosystem in 3-4 yearsThis will provide a conducive manufacturing environment and the companies would get the opportunity to manufacture high-quality products th...
05 Nov, 2021, 04.54 PM IST
PLI for AC component manufacturing to help build ecosystem, reduce dependency on imports: IndustryGovernment said as many as 31 companies, including Voltas, Daikin, Panasonic, Hitachi, Blue Star and Havells, have applied for availing PLI...
16 Sep, 2021, 10.36 PM IST
PLI scheme: Voltas, Blue Star among AC biggies planning to invest ₹3,000 croreVoltas, Blue Star, Dixon, China’s GMCC, Amber Enterprises, Panasonic, Lloyd and Hindalco are set to apply for the government’s production-l...
08 Sep, 2021, 06.21 AM IST
White goods industry welcomes govt's PLI scheme for air-conditioners and LED lightingThe union cabinet on Wednesday approved the PLI scheme for these two products with a budgetary outlay of Rs 6,238 crore as part of the gove...
07 Apr, 2021, 08.13 PM IST
Centre's initiatives open up new business opportunities for local electronic brandsPanasonic India has started manufacturing for Lloyd, Motorola and MarQ brands for appliances like refrigerators and washing machines in its...
17 Dec, 2020, 07.24 AM IST
Thailand, European Union question India's import restrictions on tyres, ACs and TV SetsBangkok also complained that many Thai exporters were unable to export television sets to India because the government did not grant import...
17 Nov, 2020, 07.06 AM IST
After 150% rally in last 1 year, this smallcap is celebrating early DiwaliAK Prabhakar, Head of Research at IDBI Capital Markets, said the government move to ban AC would benefit Amber. “However, I don’t see much ...
21 Oct, 2020, 12.32 PM IST
Amber may gain big from govt's AC refrigerants import ban“The move has potential benefits for local ODM (original design manufacturer) companies like Amber Enterprise as it increases the market si...
17 Oct, 2020, 10.07 AM IST
India bans import of ACs with refrigerants, frees export of all alcohol-based hand sanitisers“Import policy of air conditioners with refrigerants…is amended from ‘free’ to ‘prohibited’,” the Directorate General of Foreign Trade (DGF...
15 Oct, 2020, 09.36 PM IST