This year, leading companies such as Samsung, LG, Haier and Whirlpool are launching a slew of products to push sales during the festive season, minus the discounts.In the previous years, the focus during the season was to create excitement around promotions, discounts and the free gifts. This year, the industry seems to be counting on shifting the focus to the new products being launched in the market, with a view to provide more value-added options for the consumer.
GST will create a single, unified Indian market
In his address at the civic reception on Saturday in Lahore, Hu quoted a Chinese proverb saying that China may forsake gold but not friendship.
China's multinationals, powerful as they seem, are still beholden to the Communist Party. That's both a blessing and a burden.
Panasonic India is set to increase the prices of its products by up to 7 per cent, while some others players have already increased it.
The World Cup will begin in Bhubaneswar from November 28 and Rizwan said his team is well prepared to handle the pressures during the prestigious tournament.
Chinese home appliances major, Haier, has launched P7 -- a pen phone that comes with a camera and a dictaphone. Priced at Rs 14,940, P7 has a 300-pixel camera, a dictaphone, in-built speakers and a tri-band.
The government on Thursday cleared the Rs 30 crore (Rs 300 million) FDI proposal of a Chinese company, Haier Electrical Appliances to set up a 100 per cent subsidiary in India.
CM makes 'Make in Maharashtra' pitch to China.
While Hindware is expecting sale of its air purifiers to double this year, brands like Xiaomi, Blue Star and Daikin, too, are expecting significant rise in sales.
Left dismayed by the terror strike in Peshawar which left 132 children dead, Pakistan's cricket team is planning to visit the attacked Army school and pay its tributes.
Makers of air conditioners, beverage and ice-cream are hopeful of a boost in sales
Fridge, washing machine, and paint makers are expected to cut prices shortly, while TV, aircon, and sanitary napkin makers are a disappointed lot
Typically, about four to six weeks ahead of the polls, activity in the property market picks up as politicians begin to pull out their money parked in real estate. But this time, it's all quiet till now in real estate so far.
India-Pak face-off saw brands pay up to Rs 20 lakh in last-minute spot buying.
Consumer Electronics and Appliances Manufacturers Association Consumer has also welcomed the move saying the it would improve the sentiments and strengthen the growth.
The Chinese e-commerce giant has outlined its vision, but hasn't really explained the logic behind a recent spree of investments.
Prime Minister Narendra Modi has pipped Chinese President Xi Jinping to secure the top rank in handling domestic and international affairs in a global survey conducted by a Chinese firm.
Double whammy for consumer firms, where the top line will remain subdued due to demonetisation and margins will squeeze owing to a crude oil spike and rupee depreciation, reports Viveat Susan Pinto/Business Standard from Mumbai.
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
While e-commerce operations for these firms are small at the moment, it is slated to grow in the next 3 to 4 years.
Anticipation of weak sales this festive season due to deficient monsoon, especially outside big cities.
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