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THIAGARAJAN
Blue Star MD flags 2% margin drop this summer but bets big on data centres for long-term growthBlue Star experienced a robust summer AC sales season, but rising input costs significantly impacted profit margins. The company's MD antic...- AI adoption gains momentum, returns emerge but infra lags: Industry executivesIndian businesses are increasingly embedding AI, transforming operations and yielding measurable returns. However, legacy infrastructure, s...
- Crop prices drop as Hormuz reopening to ease farm-input shockThe development, stemming from an interim US-Iran agreement, could alleviate food inflation fears fueled by the Middle East conflict.
- Electronics makers face component shortages as Gulf shipping crisis hits productionIndian electronics manufacturers are currently grappling with a critical shortage of essential components like microprocessors and batterie...
- 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...
- H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
- Flipkart revamps Shopsy to take on Meesho, Amazon Bazaar in value commerce segmentShopsy has over 450 million app downloads and delivers across more than 20,000 pin codes, but did not disclose its annual transacting users...
- 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...
- Curbs on compressor imports could hit supply of ACs & refrigerators, warn companiesThe concern follows a May 8 order by the Department for Promotion of Industry and Internal Trade (DPIIT), which links compressor imports in...
- Inflation in driver’s seat likely to stall discretionary spendWhile consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptio...
- 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...
- Why AC maker Blue Star wants both summer and monsoon seasons to be good this yearBlue Star’s growth outlook hinges on strong summer-led urban demand and a favourable monsoon supporting rural markets, which now drive over...
- Blue Star braces for a slow summer startThe room air-conditioner industry anticipates a challenging summer. Rising costs from global events and delayed heat are impacting sales. D...
- Flipkart appoints ex-Google executive Balaji Thiagarajan as chief technology and product officerWith a career spanning more than 25 years, Thiagarajan has worked across product, platform, and technology in a diverse range of companies,...
- ED attaches Rs 28-crore assets of Paramount Airways promoter ThiagarajanNew Delhi, Mar 7 () Assets worth Rs 28.19 crore of Paramount Airways promoter M Thiagarajan have been attached under the anti-money launder...
- CBI files chargesheet against Paramount Airways, founder M ThiagarajanThe CBI had filed a case on May 6 2016 with the same allegations. Searches were conducted at several locations in Chennai/Madurai, the regi...
- 3,000 Sterlite staff face bleak futureAround 500 employees are from northern states like Uttar Pradesh and Bihar and many of them have been sent back as uncertainty shrouds the ...
- We will grow by 15-20% during Q1, maintain margins: B Thiagarajan, President, Blue Star"We would be in line with the market growth which I expect will be anything between 15% to 20%," says B Thiagarajan, President, Blue Star.
- Congress headed for real martial arts post Tamil Nadu polling‘Karate’ R Thiagarajan, actor-politician SV Sekhar and 17 others expelled for “anti-party activities”
- Paramount to resume services next monthAfter being grounded for over three months, the Chennai-based business class airline Paramount will resume operations on its entire 19-stat...
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