Prices of televisions are expected to rise by 3-4 per cent from January next year on account of the rising cost of memory chips and depreciation of the rupee, which recently crossed the 90-to-a-dollar mark for the first time.
As lower GST rates take effect on Monday, sales of air-conditioners, TV sets surged dramatically with buyers rushing to grab cheaper deals offered by retailers at the beginning of the Navratra festival.
Kodak India Ltds executive director Felix Fernandes resigned.
'We all make mistakes, but what is important is that you've got to get that out of your mind before the next ball commences.' K R Nayar recalls his many encounters with Dickie Bird, the legendary cricket umpire who passed into the ages this week.
Kodak India Ltd will publish the audited financial results for the year ended December 31, 2002 by the second week of March 2003.
Sayantani Kar speaks to Eastman Kodak Company vice-president & general manager (digital capture & imaging devices) John Blake and Kodak India managing director Ravi Karamcheti about the changes the company has brought about and its ambitions.
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
Container prices have shot up by up to 300 per cent in the past one month owing to geopolitical tensions between Israel and Iran following the former's attack on Hamas, causing shortages and pushing consumer durables companies to increase prices. Companies have planned increases but some are yet to decide on the extent of the increase.
Prior to the start of the India-Pakistan contest, Virat Kohli was seen catching up with the legendary Sachin Tendulkar.
'The problems that the film explores still remain. It was a different time when we made the film. We were young and we thought we could change the world.'
Consumer durables retailers and manufacturers may end up bearing the cost of the Reserve Bank of India's (RBI's) tightening on easy personal loans, as their margins are expected to be impacted by higher borrowing costs. During the recently passed festival season, consumer durables companies started offering longer tenure loans, zero down payments, and zero interest on a wider assortment of products than ever before, making the products more affordable. While 18- and 24-month easy monthly instalment (EMI) options were available earlier, companies offered them only on select products; now, they are being extended to a larger section of products.
US President Joe Biden and First Lady Dr Jill Biden on Wednesday received Prime Minister Narendra Modi at the White House.
Consumer durable companies will again start to face a supply issue of components as China extends lockdown due to its zero Covid strategy. This will impact the flow of finished products into the Indian market, unlike last year, this impact will be felt post Diwali. While supply chain issues have been a problem since the start of the pandemic, China's zero Covid strategy has also posed another risk for consumer durable companies.
United States President Joe Biden and First Lady Jill Biden on Wednesday hosted Prime Minister Narendra Modi for an intimate dinner at the White House.
With Onam and Raksha Bandhan just around the corner, the festival season is ready to kick off in full swing. As people embrace the celebratory spirit, companies anticipate a surge in sales this year. Consumer durables firms are expecting strong growth of 40-50 per cent in the premium segment during the upcoming season. Appliance makers also foresee increased demand for cooling appliances - refrigerators and air conditioners - which were impacted by unseasonal rainfall.
Amid cheers and slogan-shouting by party workers, Sonia Gandhi walked besides her son Rahul Gandhi and other leaders for a few kilometres in Karnataka's Mandya district. And there were several Kodak moments.
Prime Minister Modi gave President Biden the unique sandalwood box sourced from Mysore with intricately carved flora and fauna patterns and handcrafted by a master craftsman from Jaipur during an intimate dinner at the White House on Wednesday.
The reason? Price of open cell panels has gone up 15%. One of the main components in the manufacturing of TV sets, open cells contribute to 60%-65% of the manufacturing cost.
The festival season has already begun in the west and south of India with Ganesh Chaturthi and Onam, respectively, and consumer companies are witnessing a pick-up in sales compared to pre-Covid levels. Retailers, fast-moving consumer goods (FMCG) and consumer durables companies expect their sales to grow in double digits this festival season compared to pre-pandemic times, as there are no curbs on movement now. Adani Wilmar expects sales volume to be higher by 15-20 per cent as rural India has largely witnessed good monsoon rains, and employment has picked up in urban areas.
When Jiang Zemin traveled, as you can see in the photographs here, a Kodak Moment was never far away.
While FMCG companies were not barred from carrying out their operations during the 21-day lockdown, since most manufacture staples and essential products, capacity utilisation remained poor, owing to the restricted movement of raw materials, finished goods, and labour.
Ganguly and Sehwag were in dazzling form on KBC 13's Shandaar Shukravar episode.
A new Congress leader may make an electoral impact by his very presence. Congress voters who had moved away from the party, after being influenced by the BJP's 'family rule' campaign, can now return with a certain moral satisfaction, observes N Sathiya Moorthy.
It was an exciting time for India and the world. Photography had been invented 50 years earlier, and the mass-produced Kodak camera of the 1880s helped democratise photography. Ritika Kochhar reports on an unusual exhibition of postcards that chronicle life in the British Raj.
Deepika Padukone, along with her star father -- the legendary badminton player Prakash Padukone -- had a game of badminton on Thursday.
With states in north India imposing stricter measures to curb intra-state movement after April 20, makers of summer products such as air conditioners, refrigerators, colas, and ice creams are estimating a 25-60 per cent drop in yearly sales.
Sukhwinder Singh will not perform at the Oscars this year.
From fast food and athleisure to ACs, the demand for several non-discretionary items has spiked since May 17, when Lockdown 4.0 was extended till May 31.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In 2020 a round of hikes in customs duty on components like compressors, motors and printed circuit boards aggravated the situation, coronavirus crisis is now leaving manufacturers with no option but to hike prices despite fall in sales.
From the rollback of customs duty on key electronic components to fast tracking delivery of goods imported from China, players are looking for incentives on several counts.
Global management recognised India's potential.
In a grand ceremony with overtones of a United States presidential inauguration, heads of state and government, India Inc honchos, opposition leaders, Bharatiya Janata Party members and showbiz stars rubbed shoulders as they watched President Ram Nath Kovind administer the oath of office to India's 58 new ministers.
Here's looking at the latest style outings of our hottest stars.
Almost all prominent leaders of the Bharatiya Janata Party, as well as members of the National Democratic Alliance and North-East Democratic Alliance accompanied Modi.
This 22-year-old from Bengaluru hopes to bring home the Miss Universe crown after 16 years! Do you think she will succeed?
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