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ELECTRICAL APPLIANCES MAKER
Will a strong brand play the role it is supposed to? 4 consumer electricals stocks with upside potential of up to 28%Many companies in this space have underperformed the broader market. The underperformance did not happen without reason. Margins were under...
Japan's Nikkei rises past 72,000 mark for first time as AI euphoria persistsJapan's Nikkei index soared past 72,000 for the first time, fueled by enthusiastic AI investments that overshadowed concerns about US-Iran ...
Every '60s kitchen had a Presto Hot Dogger, and now this single-use appliance is the retro find thrift hunters can't resistThrift stores are seeing a surge in popularity, especially among younger generations. A peculiar find is the Presto Hot Dogger, a 1970s app...
Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...
Why static cling gets worse in winter and the simple hack people useStatic electricity in clothes is a common problem. Many households are now using aluminum foil balls in dryers. This method helps reduce st...
China's TCL in talks with local companies to sell 51% in Indian plantChinese electronics giant TCL is looking to sell a majority stake in its Indian display plant. The company is seeking between ₹5,708 and ₹7...
Induction cooktop: EPACK Durable expands into infrared cooktops as gas squeeze shifts demandEPACK Durable Limited has launched infrared cooktops, expanding its electric cooking range. This move supports a national trend towards ele...
India weighs induction cooktop subsidy amid Iran war energy crisisIndia is exploring incentives for induction cooktops. This move aims to transition households from LPG to solar electricity. The government...
Global Markets | Japan's Nikkei ends higher as tech gains on Middle East deal optimismJapan's Nikkei index saw gains on Tuesday. This rise was driven by hopes of peace talks between Tehran and Washington. Investors bought maj...
Global Market: Japan's Nikkei rises as tech gains on Middle East deal optimismJapanese shares surged Tuesday, led by tech giants, as hopes for Iran-US peace talks in Pakistan boosted investor confidence. Despite poten...
Startups spot a cool opening as ACs become everyday needAir-conditioners are becoming an essential purchase in India, attracting startups like Helium and Optimist into a market long dominated by ...
Electric appliance makers to seek GST cut as LPG crisis lifts demandElectric cooking appliance makers are urging the government to reduce GST on products like induction cooktops and air fryers, while also se...
Voltas Q3 Results: Profit declines 58% YoY to Rs 23.85 crore as expenses riseThe Tata Group-owned company's consolidated profit before exceptional items and tax fell 58% from last year to 238.5 million rupees ($2.87 ...
Microtek plans to invest Rs 500 crore to boost electric product business"We have crossed Rs 250 crore revenue. We are targeting to cross Rs 400 crore revenue and invest Rs 500 crore in the next one year," Microt...
Consumer durables makers revenue seen rising 20% this fiscalDriven by electrical appliances makers, the consumer durables sector is set to report a robust 20 per cent revenue growth this fiscal after...
Midea to introduce Toshiba brand home appliances in IndiaMidea Technology Park will have three manufacturing units for home appliances, HVAC products and compressors, and will also include a manuf...
- Westinghouse eyes 5% share in small appliances market in 5 years
This segment is highly competitive and price sensitive and is presently dominated by players like Philips, Bajaj Electricals, Usha and Morp...
Electrical appliances maker V-Guard looks all charged up, pins hopes on demand uptickThe Kerala-based company exudes confidence that its overall performance will be much better in the current fiscal.
- Havells to enter small home appliances business
Havells' product line-up will include mixers, irons, hand blenders and cooking and brewing appliances.
- Electrolux issues profit warning, cuts 3,000 jobs worldwide
Electrolux, the world's leading electric appliance maker, said Monday it plans to cut 3,000 jobs worldwide and warned it would not meet its...