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PANASONIC RESTRUCTURING INDIA
'Reskilling won't help': 2,00,000 tech jobs gone, 30,000 more lay offs likley in next two months, says reportThe global tech sector is experiencing unprecedented job cuts in 2025, with over 202,000 employees laid off, primarily by US firms. Driven ...- Honasa looks beyond beauty and skincare to new growth categoriesHonasa Consumer, the parent company of Mamaearth, is looking to expand into new product lines as its once-flagship brand loses steam. The c...
- Voltas, Whirlpool shares surge up to 5% as Panasonic exits washing machine, refrigerator segments in IndiaVoltas and Whirlpool shares climbed up to 5% after Panasonic said it would exit the Indian washing machine and refrigerator segments, citin...
- Panasonic pulls plug on washing machines, refrigerators in IndiaPanasonic Holdings is reducing its consumer electronics operations in India. The company is discontinuing refrigerators and washing machine...
- Panasonic India reduces loss to Rs 53 crore in FY23Panasonic’s restructuring of the Indian business which includes merger of the Panasonic India-run consumer electronics business with the ex...
- ETtech State of Startups Survey 2022; revisit this year’s top-level movementsIndian startups have had a torrid 2022, and it shows. In our annual survey on the state of homegrown startups, which took place during a cr...
- Sony, Panasonic improve India business profitability during Covid-19 pandemicAs per their latest regulatory filings to the Registrar of Companies (RoC), Sony India's net profit improved by 2% at Rs 76 crore in 2020-2...
- Panasonic India reduces loss in pandemic year; expects to grow revenue this fiscalPanasonic Group in India had clocked Rs 8700 crore sales in FY21 as compared to Rs 9300 crore in FY20, while consolidated profit improved b...
- Vaccine hesitancy may bend your career graphCompanies are increasingly nudging employees to get vaccinated so that they can reopen offices and resume normal operations in the next thr...
- Japanese electronics companies continue to lose ground in India to South Korean & Chinese rivalsSony India’s sales dropped for the fifth year in a row in FY20, while that of Panasonic fell for the third straight year, as per regulatory...
- Panasonic sales in FY20 fall in India for third year in a rowPanasonic India’s revenue fell 9% to Rs 4,338 crore in FY20 from a year earlier, while net loss widened to Rs 490 crore, according to the l...
- Panasonic India FY19 revenue up a tadThe consumer electronics business, Panasonic's largest in India, grew 2% to Rs 4,000 crore last fiscal year.
- Pre-GST offers ensure leading consumer electronic retail chains rake in the moolahReliance Digital, Vijay Sales and Viveks said their shelves are almost empty now with some of them boasting of sales more than doubling thi...
- Vote on Account 2014: Cars, two-wheelers, TVs, computers, refrigerators set to be cheaperFinance Minister P Chidambaram opened up an unexpected fourmonth window of lower excise duties that could bring down prices of SUVs by Rs 3...
- Digital projector sales up 30 per centShipments of digital projectors in the country grew 30 per cent to nearly 2.54 lakh units in 2012 over the previous year, a report by Cyber...
- 15 senior managers quit LG in last 5 months as Korean expats brought at key positionsOf the 15 managers, 10 were business heads in the company's crack team of 20 elite managers and five were branch heads of high-revenue-gene...
- Japan's Kintetsu World Express invests Rs 267.7 crore in joint venture with Gati for 30% holdingJapan's Kintetsu World Express has announced investing Rs 267.7 cr to pick up 30% equity holding in a JV with Gati Ltd.
- MNCs focus on senior Indian professionals for top global rolesIndia may soon turn out to be a talent hub for senior management from its current status of churning out capable, though mostly middle-mana...
- Panasonic to hire 6,000 in India by next yearThe company said it will hire 2,150 people this year and top it up with another 3,850 in 2012, in contrast to Panasonic's massive job cuts ...
- Philips cuts entry-level prices of its own kitchen appliances and other productsThis is one of the most ambitious initiatives yet by Philips to revive its operations in India, where it has lost out to Korean, Japanese a...
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