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Aam aadmi wants smaller biscuit packs, but brighter jewelleryIndia’s middle class is balancing rising costs and aspirations by choosing smaller packs for daily essentials while using EMIs for premium ...- Ajay Poly files IPO papers with Sebi to mop up fundsAjay Poly filed its draft red herring prospectus with Sebi to launch an IPO, aiming to raise funds through a mix of fresh issue of shares w...
- Gem Aromatics, Ajay Poly files DRHP to raise funds via IPOGem Aromatics and Ajay Poly have filed DRHPs for IPOs, with Gem Aromatics raising up to Rs 175 crore and Ajay Poly up to Rs 238 crore. Proc...
- ‘Small-ticket’ model helps Bajaj Finance make it bigBajaj Finance is known in the nonbank lending industry for its customer-profiling algorithms.
- Appliance makers bat for manufacturing incentives in Budget 2018The makers are also expecting tax reduction on the energy efficient 5 star and 4 star products to increase adoption by the consumers.
- LG rejigs top deck to spur growthRajeev Jain, who was heading LG’s sales for north and east, now heads modern retail, brand shops and sell out, drawing up strategies to ens...
- Losing countervailing duty exemption shield likely to hurt handset makersIndustry associations seeking urgent meetings with govt, which has been promoting Make in India based on duty differential benefits, to res...
- This small village could spoil Modi's plan to power India in 2 yearsIndia plans to expand renewable generation capacity more than three-fold to 175 gigawatts by 2022, with the majority from solar.
- Home Credit India offers interest-free loans for Intex smartphone purchases“Our association will benefit customers who want to buy the latest Intex smartphones or consumer durables,” Tomas Hrdlicka, CMO, Home Credi...
- LG restructures operations in India to strengthen ground presenceThe changes have been made by LG India managing director Ki Wan Kim as part of a strategy to strengthen its leadership, make the business m...
- LG eyeing Rs 5,000 crore sales from built-in kitchen businessThe company, which reported Rs 18,500 crore turnover last year, has done just one project with DLF so far.
- Poor demand hits sales of microwave ovensIndians haven't taken to cooking in microwaves because there is a perception it is not healthy".
- Consumer durables prices under pressure as rupee slidesWhile Samsung and Canon have raised prices by 3% to 6%, LG said it would increase price tags by 3%-5% from next week and continue to evalua...
- Companies to hike AC, refrigerator prices by 10 pc due to higher input costsWhite goods makers such as LG, Godrej, Daikin and Voltas have increased prices of air-conditioners and refrigerators by up to 10 pc.
- Durables companies hit as A/C sales dip, input costs rise in 2011While consumers enjoyed a pleasant summer in 2011, it was bad weather for the durables industry as a slump in air-conditioner sales compoun...
- Indian water purifier market set for hot competitionRs 1,600 crore Indian water purifier market is set for tough competition with entrance of leading consumer durable firms, including Godrej,...
- LG enters into water purifier market; launches product for Rs 40,000LG today announced its entry into the Indian water purifier market and said it aims to be a major player in the category.
- LG eyes Rs 4k cr income, 35% share in fridge segment by year-end"Two million direct cool refrigerators were sold in 2010 and in 2011, the aim is to sell 2.6 million units," the statement said.
- LG plans new products for India; to make country pilot marketLooking to tap the country's huge growth potential, LG Electronics is planning to introduce new products and also make India a "pilot marke...
- LG to invest Rs 350-400 cr in Indian plants this yearTo cater to the rising demand for its consumer products, South Korean conglomerate LG Electronics will invest Rs 350-400 crore in its India...
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