Holding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...

Motilal Oswal Private Wealth is investing cash into key sectors. Power is a top pick due to rising demand. Auto ancillary firms are set to ...

Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...

Escalating tensions in West Asia highlight India’s vulnerability to energy and logistics disruptions. Even without supply cuts, higher frei...

Karnataka has introduced a new lifetime road tax for electric cars, jeeps, and buses, excluding two-wheelers. This move aims to generate an...

Daikin Industries is set to channel a monumental one thousand crore rupees into India to launch its first global R&D hub beyond Japan. This...

Voltas expects strong double-digit revenue growth for its room air conditioners this summer. The company is banking on a surge of first-tim...

The government is pushing air conditioner manufacturers to significantly increase exports. This follows the Production Linked Incentive sch...

AC sales: The Indian room air-conditioner industry is projected to see significant growth, with sales volumes expected to reach 12-12.5 mil...

During the April-June quarter, air-conditioner manufacturers experienced significant revenue and profit growth due to heightened demand fro...

The company’s sales grew across product segments such as refrigerators, washing machines and air-conditioners during the financial year, wi...

The stock has risen 10 per cent in the past one month, mainly due to the recent tax cuts.

According to its strategy, Hitachi, which is revamping its brand identity, would focus on south and west region markets.

Air-conditioner makers such as Videocon and Voltas, hit by untimely rains this summer, are betting big on the business-to-business segment.

Videocon is looking at doubling its revenue from the AC segment at Rs 1,600 crore in the next one year, a senior company executive said.

Air-conditioners, the fastest-growing category within consumer durables sector, have seen a major dip in growth rate.

There is a kind of displacement going on in the AC market and big guns are being toppled either by newbies or also-rans.