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VOLTAS AC SALES FORECAST
Voltas gears up to start AC exports to tap growing demand in Europe, Middle EastVoltas, India's leading air-conditioner maker, is set to expand its global footprint by exporting to Europe and the Middle East, leveraging...
Noel Tata announces exit as Voltas chairman at company's AGMVeteran Tata Group leader Noel Tata is stepping down as Chairman of Voltas, marking his final AGM in the role. He expressed confidence in t...
Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminiumLuxury carmakers Ferrari and BMW are embracing aluminium wiring, following Tesla and Chinese EV manufacturers. This significant industry sh...
In Graphics: Europe searches for ACs in soaring heatEurope’s severe heat wave is forcing many to finally consider home cooling, an idea they had long resisted for reasons ranging from socio-c...
DPIIT issues guidelines for alternative quality certification pathway for toys, AC, PPE makersBusinesses producing items like toys, personal protective equipment, and air conditioners can now get product quality certification through...
For or against air conditioning? EU won't pick sidesThe EU refused to be drawn into a heating political debate on the merits of air conditioning Monday, saying it was not for Brussels to micr...
Built for cold, battered by heat, summer is bringing Europe to its kneesEurope is grappling with a devastating heatwave, claiming over 1,300 lives and straining medical facilities. The extreme temperatures highl...
Tech equity sales renew AI debt-binge worriesTech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it al...
Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of EconomicsAny moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...
Suits & Sayings: Hot ShotET’s roundup of the wackiest whispers in corporate corridors.
As Europe faces extreme heat, China's 'Spider-Woman' AC installer stuns the internetAs Europe swelters under a severe heatwave, a viral video of a woman expertly installing an air conditioner while dangling outside a Chines...
Cooling products see mixed demand in June qtr; AC sales slump, beverages, ice cream stay resilientSummer demand for products showed a mixed trend. While air-conditioner sales dipped due to unseasonal weather and rising prices, beverages,...
Germany, Poland poised for soaring temperatures as heatwave moves eastA scorching heatwave, responsible for numerous deaths across Western Europe, is now bearing down on Germany and Poland with temperatures ne...
Qualcomm forecasts $15 billion data center chip sales by 2029, shares soarQualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from previous estimates of $2...
Vedanta may have a couple more tranches of promoter-driven selling; stock likely to bounce back in 1-2 weeks: Ambareesh BaligaVedanta shares saw a significant drop following a large block deal, but analysts suggest the selloff is temporary. Promoter entity Twin Sta...
Double-digit sales growth in apparel, ACs, premium goods faces inflation & monsoon testDiscretionary spending is witnessing a notable resurgence, particularly in the apparel and white goods sectors, which have both seen impres...
Voltas shares soar 5% as firm’s AC sales cross 1 million mark in record time in Q1 FY27Voltas shares surged after the Tata Group firm announced a record-breaking achievement: selling over one million air conditioners in less t...
Stocks in news: Sun Pharma, Tech Mahindra, Tata Motors, Voltas, ONGCIndian markets saw a dip on Friday, with IT stocks leading the decline. Analysts suggest profit-taking occurred near the 24,150 mark. Despi...
Voltas sells one million AC units in first quarter of FY27Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial y...
Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen SahayIndia's room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative deal...