Lava International all set for IPO, seek shareholders approvalThe company will seek shareholders approval for the initial public offering for up to Rs 2,400 crore, which will consist of an offer for sa...
09 Sep, 2021, 10.36 PM IST
Lava IPO plan ready, firm dials up shareholders for approvalPhonemakers are expected to benefit from the PLI scheme, which offers 4-6% incentive for mobile manufacturers.
01 Jun, 2021, 06.37 PM IST
Lava holds up IPO, raising funds via rights issue at 30% premiumThe company seeks to capitalise on the incentives being offered by the government to boost local manufacturing of electronics.
05 May, 2021, 04.59 PM IST
Atmanirbhar focus sends LAVA shares soaring in unlisted marketThe government has been working actively on making India an alternative manufacturing hub to China and has announced production-linked ince...
03 Feb, 2021, 11.48 AM IST
Lava shuts Noida manuacturing factory till March 25 under govt ordersAccording to company data, the plant has a manufacturing capacity of 3 million units per month while 2 million units are exported every yea...
23 Mar, 2020, 03.36 PM IST
Lava shuts Noida manuacturing factory till Mar 25 under Govt orders“We have shut the factory between 22 March-25 March as per UP government’s directive,” Lava spokesperson told ET. According to company data...
23 Mar, 2020, 03.07 PM IST
Lava to raise $90m from GEM for sub-$150 segment pushGEM group will make the investment over the next 36 months through a share subscription facility, which will allow the company to sell US d...
26 Feb, 2020, 11.35 AM IST
Domestic phone-maker Lava to raise $90 million from US fund, to invest in R&DGEM group will make the investment over the next 36 months for through a 'Share Subscription Facility' which will allow the company to sell...
25 Feb, 2020, 11.38 PM IST
Lava looks to target sub-Rs 14,000 price segment to regain market shareLava chairman Hari Om Rai told ET that the likes of smartphone market leader Xiaomi have benefited from heavy discounting in the online spa...
17 Nov, 2018, 07.22 AM IST
Desi phone companies look for a high at the low-endLava was the only local brand which registered positive annual growth during the quarter ended June, driven by entry-level models, said ana...
09 Aug, 2018, 11.41 PM IST
Lava pips Intex, Micromax to be largest local handset brandThe handset maker is also looking to acquire a design company for around $20 million besides raising $100 million for expansion by end of 2...
27 Oct, 2016, 06.48 PM IST
Lava International promotes Navin Chawla to COO; names Gaurav Nigam as new head of productThe development comes at a time when Lava is looking to enhance its sales and ramp up after sales service in the country.
27 Jan, 2016, 01.51 AM IST
Lava looks to tap Eastern market, increase footprintLava International, owner of 'Lava' and 'Xolo' brands, is expanding its distributor network in the Eastern region, a company official said.
13 Oct, 2015, 08.51 PM IST
Lava drops out of race to buy Nokia’s Chennai handset unitLava was the first Indian phone vendor to introduce its own user interface or skin, Hive, riding on the Android OS.
12 Feb, 2015, 05.23 AM IST
Lava may become second largest local smartphone brandIn the feature phones category, Lava topped the list in the number of handsets imported, followed by Micromax and Karbonn.
04 Nov, 2014, 03.13 AM IST
Lava International to go Xiaomi way with customised OS Hive, targets 10% market shareLava is introducing its highly customised Android-based OS called Hive through its upcoming smartphone Xolo Play 8X-1000, taking a leaf out...
02 Aug, 2014, 04.00 AM IST
Karbonn, Lava to launch windows-based devices in few monthsDomestic handset players Lava and Karbonn will launch Windows-based smartphones in the coming few months.
16 Mar, 2014, 11.09 AM IST