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PANASONIC INDIA EXIT
Herjit Bhalla takes over as CEO of DaburDabur India has appointed Herjit S. Bhalla as its new chief executive officer for the India business. This change is effective April 23, 20...- Panasonic to return to Japanese leadership as India chairman Manish Sharma steps downA Panasonic India spokesperson said this is Manish’s personal decision to move on after a 17-year tenure to pursue new aspirations and has ...
- Voltas, Whirlpool shares surge up to 5% as Panasonic exits washing machine, refrigerator segments in IndiaVoltas and Whirlpool shares climbed up to 5% after Panasonic said it would exit the Indian washing machine and refrigerator segments, citin...
- Panasonic pulls plug on washing machines, refrigerators in IndiaPanasonic Holdings is reducing its consumer electronics operations in India. The company is discontinuing refrigerators and washing machine...
- Panasonic India reduces loss to Rs 53 crore in FY23Panasonic’s restructuring of the Indian business which includes merger of the Panasonic India-run consumer electronics business with the ex...
- Sony, Panasonic improve India business profitability during Covid-19 pandemicAs per their latest regulatory filings to the Registrar of Companies (RoC), Sony India's net profit improved by 2% at Rs 76 crore in 2020-2...
- Panasonic India reduces loss in pandemic year; expects to grow revenue this fiscalPanasonic Group in India had clocked Rs 8700 crore sales in FY21 as compared to Rs 9300 crore in FY20, while consolidated profit improved b...
- Why Sony and Panasonic are struggling to sell in IndiaIndustry watchers attribute it to their weakening brand pull among younger customers and premium pricing vis a vis Chinese rivals such as X...
- Panasonic India FY19 revenue up a tadThe consumer electronics business, Panasonic's largest in India, grew 2% to Rs 4,000 crore last fiscal year.
- Under pressure from Chinese companies, Panasonic to exit low-end phones segmentPanasonic would also bring the distribution responsibility in-house, and pare down the market-share targets to about 5% in two years from i...
- Sanyo to exclusively offer products onlinePanasonic has transferred the Sanyo TV business in the US to Funai Electric Co for annual royalty payments.
- Panasonic targets $2 billion revenue from smartphone by 2018Panasonic is targeting almost $2 billion (Rs 13,200 crore) in revenue from smartphones by 2018 as it makes a comeback in the business globa...
- Panasonic makes India strategic hub, plans lead acid plantThe company is deciding whether to choose a location in a zone which offers tax concessions or closer to its customers, mainly automobile m...
- TV makers like Sony, Panasonic & Videocon slash prices of entry-level LCD & LED TVs to attract usersTop television makers such as Sony, Panasonic and Videocon are bringing down the prices of their entry-level LCD and LED TV sets.
- Panasonic to make India regional hub by 2015A top executive of the company told ET that as a regional hub, India will not only export products to neighbouring countries but also help ...
- Will continue sellling plasma TV in India: PanasonicPanasonic today said it would retain some models of the plasma TV in India, amid reports that it is exiting the vertical.
- Japanese companies like Sony, Panasonic to ramp up India presence to end Samsung ‘rule’"So much dominance of just one company, Samsung, is not good. We would give them a healthy competition by venturing into several new catego...
- Panasonic investing in India to secure future growth, plans big push in B2B spaceThis includes developing local products and local manufacturing and running the business by Indian management.
- Sony, Samsung, LG and others to drastically prune LCD line-up; LED TVs to gain prominenceSony, Samsung, LG and Panasonic will drastically prune their LCD line-up and may even exit the category to focus more on LED TVs.
- Panasonic mulls second entry into Indian mobile marketConsumer durables maker Panasonic India is mulling its second innings in India's mobile handset space, the world's third largest market aft...
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