AI startup Ikonz Studios secures funding led by industry veteran Marc JordanThis investment will push Ikonz further as it continues to expand globally, enhance its AI capabilities, and scale its intellectual propert...
16 Feb, 2025, 09.34 PM IST
China's top TV company plans to buy 26% stake in Indian contract manufacturer Epack Durable's subsidiaryHisense Group is planning to acquire up to 26% stake in Epack Durable's subsidiary for establishing a large appliance manufacturing facilit...
24 Dec, 2024, 12.47 AM IST
Re-opening of white goods PLI scheme likely to see muted responseThe government's re-opening of the PLI scheme for white goods like ACs and LED lights may see limited interest as major manufacturers are h...
24 Sep, 2024, 12.18 AM IST
White goods PLI reopens: More time for companies to crack open AC & LED productionThe government has reopened the window for white goods manufacturers to apply for the Production-Linked Incentive scheme. Leading companies...
09 Jul, 2024, 12.06 AM IST
Govt reopens PLI window for white goodsThe Indian government has reopened applications for the PLI scheme for air conditioners and LED lights, allowing companies to invest more i...
08 Jul, 2024, 05.04 PM IST
Sweltering summer forecast brings focus onto AC stocks, sizzle likely to be seasonalIn the last five days, Johnson Controls-Hitachi Air Conditioning surged 15.82% while Voltas and Blue Star rose 8.82% and 5.59%, respectivel...
08 Apr, 2024, 05.29 AM IST
9 Best Cello Dinner Sets: Uncover the Perfect Dinner Set for Every OccasionRenowned for its exceptional quality and stunning designs, Cello has been a trusted name in the realm of dining essentials. From formal occ...
26 Jun, 2023, 06.07 PM IST
Sri City attracts 13 new companies in 2022: OfficialSri City founder Ravindra Sannareddy said, "It (2022) has been an impressive year for us, and we thank all our clients who are partnering w...
08 Jan, 2023, 05.27 PM IST
Why consumer durable stocks may disappoint investors“We expect the leading listed consumer durables companies’ margins and valuations to come under pressure”
04 Sep, 2022, 02.40 PM IST
Is the sizzling summer heat reason enough to buy AC, cooler stocks?Whirlpool remains the top pick, with average upside of 44 per cent and a target price of Rs 2,407. The stock was trading earlier at Rs 1,67...
12 Apr, 2022, 12.29 PM IST
42 firms selected under PLI scheme for white goodsMinistry of Commerce & Industry said the selected applicants include 26 for air conditioner manufacturing with committed investments of Rs ...
03 Nov, 2021, 06.50 PM IST
White goods industry dishes out ₹5,866-crore investment planThe government has received 52 proposals to invest a total of ₹5,866 crore under the production-linked incentive (PLI) scheme for white goo...
17 Sep, 2021, 06.49 AM 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
Stock market update: BSE Consumer Durables index rises nearly 2%; Crompton climbs 4%The index was trading 1.74 per cent up at 22873.37.
18 Aug, 2020, 12.46 PM IST
99 P/E still looks less when it’s a play on Modi’s Atmanirbhar driveAnalysts say both Dixon and Amber can be major beneficiaries of the government’s move to promote local manufacturing of consumer durables p...
07 Aug, 2020, 02.05 PM IST
Amber a long-term bet given its market share & low capexAhead of its initial share-sale on Thursday, Amber has raised Rs179 crore from anchor investors.
17 Jan, 2018, 11.57 AM IST
Goldman Sachs picks 50 per cent stake in Amber, deal values company at Rs 1,200 croreThis is the third round of private equity funding in the company and the additional funds raised will help the company fasttrack its growth.
19 Jan, 2016, 04.00 AM IST