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DEEPAK BANSAL
Consumer electronics firms begin to increase inventory, anticipating a recovery in demand in coming quarterExecutives of several cos told analysts in their earning calls and to ET that such a build-up is after the pre-Diwali days with demand slum...- Phone or TV, action is at the premium end nowSales of premium products across categories from smartphones and televisions to water purifiers, refrigerators and ACs grew as much as nine...
- LG invests Rs 200 crore to start premium refrigerator production in IndiaHong Ju Jeon, managing director of LG Electronics India said, localization has been a key differentiator as we have continuously developed ...
- TV, smartphone firms go for 30% production cutsManufacturers of consumer electronics including smartphones, appliances and televisions have cut production by up to 30% since the beginnin...
- Air purifier sales rise amid bad air as people take off masksThe air quality in Delhi-NCR has already hit the ‘very poor’ category and is forecast to deteriorate further this week due to weather patte...
- Advertisers raise Q3 budget by 15-20% amid surging festive demandThe surging demand amid festive season after two years of pandemic has compelled the advertisers to raise their advertising budget by nearl...
- Advertisers get ready for festive splurge, revise ad budgets by 15-20% for Dec quarterWhile inflationary pressures and the global recession remain potential downside risks, executives said demand pickup has been robust so far...
- Electronics companies plan big festive offers to revive demandCompany executives said they are increasing the spend to drive demand that slowed down this year unlike last two years when supplies were a...
- LG Electronics becomes the leader in dual inverter AC marketThe achievement comes at a time when LG has committed to invest into manufacturing of AC components like compressors and heat exchangers in...
- Soaring white collar salaries driving sales of premium cars and gadgetsProfessionals who are switching jobs or getting retained by their existing employers at much higher salaries than before are upgrading thei...
- Indians are again spending on electronic goodsOverall consumer electronics and appliances market from smartphones to washing machines to wearable accessories grew 9% in calendar 2021 ag...
- Masks choke air purifier sales in NCRRetailers and manufacturers say when consumers are venturing out - which in itself is lower than pre-Covid days - they are wearing masks du...
- Festive stocking fires up consumer goods sales in SeptemberGrowth in value was more than that in volume in September, said Deepak Bansal, vice president of corporate planning, LG Electronics, India'...
- Cantabil Retail India director uses Evernote to organise his to-do list, invested in a smartwatch to track fitnessDeepak Bansal says one of the key elements in maintaining a work-life balance is to keep the mind clutter-free.
- TVs, refrigerators, washing machines to get costlier from JulyHome appliance and television companies said prices of commodities and input material like copper, steel, chemicals, polymers, television p...
- Delhi HC asks cops to probe into allegations against Mehul ChoksiA bench of Justice Mukta Gupta asked the police to file a report on the matter while noting that the probe was on a standstill as the compl...
- 7 BTech graduates had dragged Mehul Choksi to court for fraud in 2017These BTech graduates had collected Rs 3 crore through crowdfunding, mortgage and aid from their parents to open Gitanjali Jewelery Retail'...
- Punjab elections 2017: Congress dethrones Akali governmentAAP was quite enthused after exit polls predictions, but Congress snatched power from the SAD-BJP combine after 10 years.
- Engineering students come up with low bandwidth video conferencing tool and messaging appChief technology officer of Tata Sons, Dr. Gopichand Katragadda said the students were encouraged to ‘make’ and go beyond an idea into a wo...
- Canatbil gets Sebi nod for IPO, to mop up Rs 150 crCity-based apparel-maker and retail chain Cantabil today said it has secured SEBI approval for its upcoming public issue.
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