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BLUE STAR MD
Heatwave drives surge in cold drink sales, AC and fridge demand stays weakIndia's scorching heatwave has boosted sales of soft drinks, ice-creams and dairy beverages, while higher prices and weak consumer sentimen...- From milk to ACs, everyday essentials getting costlier as war fuels inflationIndian households face rising costs for daily essentials. Fuel and commodity price hikes are pushing up prices for milk, packaged foods, an...
- AC prices set to surge further due to new energy norms, rising input costs: Blue Star MDAir conditioner prices will increase in the coming months. This is due to higher costs for materials like copper and aluminium. New energy ...
- Heatwave spurs surge in AC, beverage, ice cream output in IndiaSoaring temperatures have triggered a sharp demand rebound for ACs, beverages, and ice cream, with companies boosting output after a 50% sa...
- Bosch may launch AC brand in India; Hitachi label to stayBosch Home Comfort India is evaluating the launch of Bosch-branded air conditioners in India, which would mark its potential entry into the...
- AC prices to give Indians the chills this summer; Blue Star likely to hike pricesAs summer temperatures rise, the prices of air conditioners are set to increase by 4-5% due to volatile metal prices and supply chain disru...
- Blue Star QIP a well thought out decision, timing is also right: B Thiagarajan, MD"The issue was subscribed well. We have quite a few existing foreign shareholders building further — HSBC Global and the domestic funds lik...
- Blue Star expects 20-25% growth; will decide on price rise in middle of April: MD“The Russia Ukraine war has led to higher input costs. Also if the summer season is better than what we all planned for, then we may exhaus...
- Blue Star ROC will be an industry benchmark, says MD B Thiagarajan“We managed to improve our market share by redesigning the product portfolio and also ramped up our distribution penetration in the norther...
- EV equivalent for air-conditioning industry yet to be launched: Blue Star MDBlue Star will not consider price hike till summer season, says B Thiagarajan.
- Blue Star to increase prices in first week of April: MD"In January, we had hiked the prices between 5-8%, another hike of 3-5% will be happening in the first week of April because we had hoped t...
- ET 40 Under Forty: When corporate big bosses looked sharper than their suitsThe entrepreneurial stars brought to the power room an interesting mix of classic staples and bold accessories.
- Blue Star MD Satish Jamdar to retire by this fiscal-endAir-conditioner maker Blue Star has said its managing director Satish Jamdar will retire from the company by the end of 2015-16.
- Blue Star Infotech plunges 20% as co sells IT biz to Infogain for Rs 181 croreBlue Star Infotech shares fell 20% in Wednesday’s trade, a day after the company announced that its IT business will be acquired by Infogai...
- Blue Star Infotech Ltd posts 86 per cent jump in net profit in Q2The company's total revenue stood lower at Rs 64.20 crore in the quarter as compared to Rs 67.16 crore in the corresponding period last yea...
- Blue Star Infotech’s earnings likely to rise three-fold in FY14Blue Star expects its full year earnings to rise nearly 3 times due to robust demand from US clients and the strong performance of its main...
- Blue Star to make strategic investment in ActivecubesBlue Star Infotech said it has entered into agreements with Activecubes Solutions India for a strategic alliance and investment in the firm...
- Blue Star will do better in second half: MD Satish Jamdar"We should do better in the second half than the first half as we see internally at the moment both on top line and bottom line," says Jamd...
- De Beers' list of sightholders surprises marketMany in the closely-knit diamond trade are surprised at the failure of Rosy Blue to qualify for rough diamond supplies from De Beers .
- Demand from corporate clients slowing considerably: Blue StarIn an interview with ET Now, Satish Jamdar, MD, Blue Star Limited, talks about the company's health and future prospect. Excerpts:
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