Tejal A Deshpande

Stories by Tejal A Deshpande

Videocon set for operational rejig

Videocon set for operational rejig

Rediff.com   26 May 2008

"The factories need consolidation and control as they operate independently with different human resource (HR) and logistic policies. The segmented operations cannot have power and focus on quality," K R Kim, vice-chairman and CEO (global operations), Videocon, who steered LG to market leadership in his earlier stint, told Business Standard.

Videocon plans major global retail foray

Videocon plans major global retail foray

Rediff.com   23 May 2008

Videcocon Industries plans a major consumer electronics retail foray across West Asia, Europe, Africa and Latin America under the brand name "VC" to raise global revenue shares from the current 2 per cent to 50 per cent by 2011.

Mumbai suburb gets 60 acres for realty development

Mumbai suburb gets 60 acres for realty development

Rediff.com   25 Apr 2008

With Mumbai grappling for additional land for expansion, the city's western suburb Bandra could see availability of close to 60 acres of real estate for development.

How Gitanjali Gems is set to be a global player

How Gitanjali Gems is set to be a global player

Rediff.com   17 Apr 2008

Mumbai-based diamond processing and jewellery manufacturer Gitanjali Gems aims to become a global retailer. Lately, the Rs 3,500-crore (Rs 35 billion) company has been in the news for international acquisitions, consolidation in the domestic market and diversification in lifestyle retailing.

Puma forays into swimwear sector

Puma forays into swimwear sector

Rediff.com   3 Apr 2008

Puma, the German sports brand, is foraying into swimwear segment in India. The company's Indian arm is eager to repeat the Chak De! India experience through its product placements. Puma is introducing 20-30 designs of swimwear for men and women, comprising performance and leisure wear. Puma feels that the category has immense potential in the leisure space. The beachwear concept is picking up. It operates in 20 exclusive brand outlets & is looking at closing this year by 35.

Sony makes exception for India on CRT TVs

Sony makes exception for India on CRT TVs

Rediff.com   10 Mar 2008

The move comes on the back of the potential for the conventional televisions in India. Industry watchers said high-end televisions were gaining popularity in urban markets, while first-time buyers and rural markets prefer conventional televisions. Globally, Sony has taken a strategic decision to exit from the CRT TV business from this month-end due to a slow demand. Sony had reduced LCD prices to align with Korean duo LG Electronics and Samsung a few months back.

Indian apparel brands eye Chinese mart

Indian apparel brands eye Chinese mart

Rediff.com   28 Feb 2008

Indian apparel brands are looking at China as the new retail destination.

Power factor: ACs go the Nano way

Power factor: ACs go the Nano way

Rediff.com   25 Feb 2008

The changing residential demand and the increasing awareness about energy efficiency has prompted durable companies to introduce air conditioners with newer capacities. Though the 1.5 tonne air conditioners are expected to be the conventional volume drivers, the models with capacity of one tonne and below are estimated to grow at a faster pace.

LG to recruit from ITIs to boost sales services

LG to recruit from ITIs to boost sales services

Rediff.com   22 Feb 2008

The company aims to recruit 10,000 people by the end of this year as a part of its branding strategy to focus on service and move away from discounting. In the initial phase the company has entered into agreements with ITIs in the states like Maharashtra, Gujarat, Delhi, Punjab, Assam, Karnataka and is in the last leg of signing with Uttar Pradesh.

Biyani to ramp up e-Zone operations

Biyani to ramp up e-Zone operations

Rediff.com   15 Feb 2008

Manoj Kumar, CEO, e-Zone and Electronics Bazaar, said,"The Mega e-Zone, measuring 25,000 sq ft and above in area, is being developed as a destination store for electronics purchase. The store will offer seamless space for brands to retail their own merchandise."

Bose Corp to enter auto parts sector

Bose Corp to enter auto parts sector

Rediff.com   11 Feb 2008

Bose Corp has decided to enter the auto parts sector, with suspension systems for luxury cars.

Off-season sales hurt branded goods

Off-season sales hurt branded goods

Rediff.com   11 Feb 2008

Off-season sales, when shopping malls and high streets buzz with tempting offers of up to 70 per cent discounts on your favourite brand of shirts, jeans or even home textiles

Godrej eyes 10% share in AC market

Godrej eyes 10% share in AC market

Rediff.com   6 Feb 2008

Godrej appliances is targeting to become the third largest player in the air conditioner market.

You might soon buy gold at post offices

You might soon buy gold at post offices

Rediff.com   15 Jan 2008

The World Gold Council initiates micro-finance scheme to promote investments by low-income groups.

Indian jewellery firms eye global mart

Indian jewellery firms eye global mart

Rediff.com   11 Jan 2008

Indian jewellery firms are increasingly showing interest in the international market and are planning to venture into luxury lifestyle products.

Gitanjali eyes retail buyouts in the US

Gitanjali eyes retail buyouts in the US

Rediff.com   7 Jan 2008

The slowdown in the world's largest jewellery market could provide an opportunity for acquisitions. Following the acquisitions of two jewellery chains in the US, Samuel Jewels in December 2006 and Rogers in November 2007, Gitanjali Gems is eyeing a few more buyouts in the world's largest jewellery market.

Easy finance, credit cards push white goods sales

Easy finance, credit cards push white goods sales

Rediff.com   2 Jan 2008

Consumer finance schemes and credit card purchases are gradually enjoying a greater share in the sale of consumer durables.

Womenswear market warming up

Womenswear market warming up

Rediff.com   31 Dec 2007

Apparel makers are hopefully eyeing the Indian womenswear and lingerie market in the New Year.

Bhilwara all set to become a textile oasis

Bhilwara all set to become a textile oasis

Rediff.com   24 Dec 2007

The Rajasthan State Industrial Development & Investment Corporation (RIICO) is going all out to woo textile firms to set up shop at its proposed garment zone in Bhilwara.

Reliance Brands targets acquisitions for growth

Reliance Brands targets acquisitions for growth

Rediff.com   20 Dec 2007

Reliance Brands, a subsidiary of Reliance Retail, will focus on brand partnerships and creating brand portfolios to make its presence felt in the Indian branded apparel sector.