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AIRCONDITIONER MAKER
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 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...
Advertisers bet on movie stars to stand out in IPL 2026 seasonCelebrity ads surged 34% during IPL 19, making up 61% of total ad volumes. This happened even as fewer advertisers participated. IPL remain...
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...
Consumer goods majors eye stronger sales as inflation pushes both volumes and pricesConsumer goods companies anticipate stronger sales growth. Inflation from the West Asia conflict is expected to boost both product volumes ...
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...
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...
Carrier Global to minimise price increases in India, says its global CEOCarrier Global is working to keep prices stable in India amidst global supply issues. The company is investing $100 million in Andhra Prade...
West Asia Conflict: Supply chain woes hit smaller brands harder amid inflationAmid ongoing supply chain challenges and the burden of rising operational costs, smaller consumer goods players are feeling the squeeze. Th...
Consumer companies feel summer wedding glow as jewellery, appliances, staples sales outpace winter gainsSummer weddings are driving a significant spending surge across India. Strong rural incomes from a good harvest are boosting sales of every...
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...
Retailers face AC shortage as heatwave boosts demandIntense heatwaves have driven a sharp rise in air-conditioner sales. This surge, following lower production in March, has created significa...
Global Markets | Japan's Nikkei jumps to record high on Mideast peace hopes; Daikin surgesOptimism over easing Middle East tensions pushed Japan’s Nikkei to record highs, with strong gains in Daikin Industries driving the rally.
Startups spot a cool opening as ACs become everyday needAir-conditioners are becoming an essential purchase in India, attracting startups like Helium and Optimist into a market long dominated by ...
Bosch may launch AC brand in India; Hitachi label to stayBosch Home Comfort India is evaluating the launch of Bosch-branded air conditioners in India, which would mark its potential entry into the...
US-Iran truce brings respite, but no quick fix for India Inc's supply painCEOs express cautious optimism following the US-Iran ceasefire, anticipating a consumer sentiment boost after a month of geopolitical uncer...
Daikin to go for 7-12% price hike as raw material costs increaseDaikin India will raise prices by up to 12 percent starting April 2026. This adjustment is due to increased raw material and supply chain e...
Heat waves to result in record sales for ACs, soft drinks & ice creams; Voltas, LG & Coca-cola see brisk salesAC sales up over 50% last fortnight; early onset of summer likely to result in record sales for these product segments, say experts.
- Blue Star MD Satish Jamdar to retire by this fiscal-end
Air-conditioner maker Blue Star has said its managing director Satish Jamdar will retire from the company by the end of 2015-16.