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PRADEEP BAKSHI
I-Sec maintains Buy on Voltas., lowers target price to Rs 1,575ICICI Securities maintains a Buy call on Voltas with a revised target price of Rs 1575. Voltas reported a 16.13% increase in Consolidated T...- Pradeep Bakshi steps down as Voltas MD and CEOPradeep Bakshi steps down as Voltas MD and CEO after over 20 years, with Mukundan Menon set to succeed him from September. Under Bakshi's t...
- Voltas revives plans to make AC compressors in IndiaTata-owned home appliance manufacturer, Voltas, plans to manufacture air-conditioner compressors in India with a partner from either Japan ...
- Voltas plans compressor manufacturing unit in JV with international partner, to invest around Rs 500 crores"For that, we have already filed for PN3 approval and we are waiting for it. Once it is done, we will be setting up the plant," Bakshi told...
- Voltas' joint-venture launches new plant for home appliancesThe company in a media release said this manufacturing facility will leverage Arçelik’s global expertise in manufacturing and product devel...
- Tatas to take on Korean majors in durablesWith a foreign partner and Rs 1,000 crore planned investments, Tatas-owned Voltas will manufacture and sell consumer durables in direct com...
- Competition makes way for executive-level movements in electronics sectorIndustry veteran Sudhin Mathur, who recently put in his papers as country head of Lenovo-Motorola smartphone business, is set to join a big...
- Voltas rises on succession plan announcementPromoters held 30.30 per cent stake in the company as of September 2017.
- Voltas elevates Pradeep Bakshi as MD and CEOAt the same time, Anil George who is currently executive director for finance and corporate affairs will be elevated as deputy MD which is ...
- Noel Tata likely to head Voltas after Ishaat Hussain retiresNoel Tata’s elevation as chairman after Hussain’s March 2018 retirement would also roughly coincide with the superannuation of Voltas manag...
- AC Industry is going to grow at a rapid pace in the next 4-5 years: Pradeep Bakshi, VoltasWe are market leaders for more than five years continuously right from 2011 onwards, this year out profit is hovering around 22 per cent.
- Voltas won't hike AC prices this summer: Pradeep Bakshi, President & COO"We have been able to offset rising costs through our own R&D and manufacturing efforts. So, we have been able to keep prices stable for ou...
- Voltas expects double-digit growth in AC segmentVoltas would also focus on the growth of the air-cooler segment as it is expecting to sell five lakh units by FY18.
- Sale of AC, refrigerators decline 20% and 10% respectively due to unseasonal rainsWhile sales of cooling appliances start picking up from March in the south, peak season during April and May accounts for more than 50% of ...
- Voltas to sell 1 million ACs this season; forays into air-coolersTata Group firm Voltas is looking to sell around one million units of residential air conditioners this year, despite late arrival of summe...
- Voltas to go for brand extension into other productsLeading player in room AC segment Voltas is considering expanding into other product categories, an official of the company said.
- Voltas eyes 20 per cent rise in AC sales revenues in FY'14The company sold around eight lakh air conditioning (AC) units in the last fiscal and is aiming to market around 10 lakh units in the curre...
- Voltas likely to hike prices of air-conditioners in AprilVoltas, plans to hike prices of its air-conditioners by another 3% in April, the second this year, to offset the rise in metal prices it co...
- Voltas offers new AC modelsVoltas on Wednesday announced the launch of five new models of air-conditioners, including a cone-shaped one, which can be installed in cor...
- Voltas launches five models of air conditionersAir conditioner manufacturer Voltas today announced the launch of five new models of air conditioners including a cone shaped one, which ca...
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