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ROOM AC BUSINESS
Ludhiana MBA graduates ditch corporate jobs to grow Kashmir’s ‘red gold’ saffron, sell it for Rs 12 lakh/kg. Here's how they did itTwo MBA graduates from Punjab's Ludhiana are making headlines for achieving a remarkable feat, cultivating premium Kashmiri saffron indoors...- 'Fuel that should drive urban planning': Anand Mahindra praises Jodhpur's 'zero-AC' cooling shelter that remains 8°C cooler even in 50°C heat. Know all about this innovationJodhpur has developed a net-zero cooling shelter under its Heat Action Plan to help people cope with rising heatwaves without relying on tr...
- Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
- Power, auto ancillary, and mid-size banks: Where Motilal Oswal Private Wealth is putting money nowMotilal Oswal Private Wealth is investing cash into key sectors. Power is a top pick due to rising demand. Auto ancillary firms are set to ...
- Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%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 ...
- 'Salary growing, wealth shrinking': CA explains ‘India's silent middle-class crisis’, says Rs 1.5 lakh salary is same as 10-yr-old payUrban Indian households face a 'silent crisis' as rising incomes fail to keep pace with escalating costs of living, leading to stagnant rea...
- Shelter from Spike 'n' Supply Storm: West Asia tensions test India Inc’s resilience to energy shocksEscalating tensions in West Asia highlight India’s vulnerability to energy and logistics disruptions. Even without supply cuts, higher frei...
- Sharp partners with Amber Enterprises for producing ACs in IndiaSharp Business Systems India is partnering with Amber Enterprises India to manufacture air conditioners locally. This collaboration aims to...
- Voltas bets on first-time buyers to drive summer demand reboundVoltas expects strong double-digit revenue growth for its room air conditioners this summer. The company is banking on a surge of first-tim...
- AC maker Blue Star expects sales bump from PM Modi's planned GST cutsBlue Star anticipates exceeding its room air conditioner sales forecast this financial year, driven by the Indian government's planned cons...
- GST reduction to help AC makers gain ground, prices to go down by up to Rs 2,500Appliance manufacturers anticipate a boost during the festive season. The government plans to lower the GST on air conditioners from 28% to...
- AC makers' profits soar in April-June amid blistering heatDuring the April-June quarter, air-conditioner manufacturers experienced significant revenue and profit growth due to heightened demand fro...
- Amber Group acquires 60% stake in Ascent CircuitsAmber Group has acquired 60% stake in Ascent Circuits Pvt. Ltd to boost its electronic manufacturing services (EMS) portfolio by increasing...
- AC market to witness price war as MNCs enter mass segmentAs per the reports, brands like Daikin and Hitachi have started to enter into the mass-market AC segment with pricing as their weapon. Sams...
- Samsung India to re-enter windows and fixed speed split ACThe Korean giant is re-entering mass air conditioners in India from next year with an aggressive pricing strategy.
- Blue Star targets 13.5% market share in FY20In the current year the market share of the company has increased by 0.5 % to 12.8% as it performed better than the industry , said C P Muk...
- Amber a long-term bet given its market share & low capexAhead of its initial share-sale on Thursday, Amber has raised Rs179 crore from anchor investors.
- Accumulate Voltas, target Rs 350: Prabhudas LilladherThere is long term opportunity in Room AC which continues to be strong given the rising income levels, easy availability of finance and low...
- Blue Star plans to set up unit in South India for Rs 150 croreAir-conditioner manufacturer Blue Star is planning to set up a unit in South India at an expected investment of Rs 150 crore by December 20...
- Blue Star launches a new range of room ACsRefrigerator and AC maker Blue Star Ltd today announced the launch of a new range of room air conditioners for the residential segment here.
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