LG Electronics and Pentafour Industries are among the six companies whose premises had been raided for evasion of total central excise duty of Rs 1,159.35 crore (Rs 11,593.5 million) in 2002-03, Rajya Sabha was informed on Tuesday.
LG Electronics on Monday said it has invested Rs 100 crore (Rs 1 billion) over the last several months in Indian operations through internal accruals but has no plans to go public even in 2004.
The company plans to display and sell the new product line in upscale consumer electronics stores and Giorgio Armani's direct controlled retail network. The tri-brand GSM/GPRS phone will be available in European countries, the Asian region and parts of the US by November.
The move aims to increase operating efficiency and establish greater autonomy at the operating level in the company's India operations.
LG Electronics, the official sponsor for ICC World Twenty20, announced the third edition of their association with ICC and promoting the national spirit among the kids and realising their dream of walking with the cricket heroes to the ground through their unique campaign Lead XI.
LG Electronics, the official sponsor for ICC World Twenty20, announced the third edition of their association with ICC and promoting the national spirit among the kids and realising their dream of walking with the cricket heroes to the ground through their unique campaign Lead XI.
Could launch high-end models once 4G technology picks up in India.
To ensure that consumers upgrade to higher end durables at a faster pace, market leader LG Electronics is launching an initiative soon.
In what appears to be a major reshuffle in the consumer electronics industry, marketing and sales heads of two multinationals - LG Electronics and National - are believed to have put in their papers.
LG Electronics is hoping it will be second time lucky as far as laptops are concerned. Two years after withdrawing its laptop models from the Indian market, LG is back but with a key change in its game plan.
South Korea's LG Electronics unveiled a revamped version of its large-screen smartphone G Pro on Thursday, hoping it will help propel the company to the No. 3 spot in global smartphone sales this year.
In order to meet its turnover target of Rs 9,000 crore (Rs 90 billion) this year, LG Electronics India Private Ltd is incorporating advertising in films, besides signing film star Zayed Khan.
The smartphone --LG GM 730-- is priced at Rs 24,000 and is based on Qualcomm's chipset and also with Windows mobile and touch screen that will offer faster email setup and download.
Korean conglomerate LG Electronics plans to set up learning and design centres across India. The centre will help employees hone their skills across departments such as industrial design, marketing, lifestyle research, economic and market research among others. The company plans to bring on board specialists in these sectors as faculty for the same.
Korean electronics giant LG will re-enter the laptop business in India with plans to launch mini notebooks by the end of this year.
LG Electronics on Friday introduced its ultra-light weight CDMA mobile handset 'LG RD 2330' in the domestic market.
The LG G Pro Lite comes with dual-SIM support, a dedicated hot key and a stylus pen. It features a 5.5-inch IPS display.
With cricket fever setting in, LG Electronics India private Ltd has set a sales target of Rs 1200 crore (Rs 12 billion) during the Pakistan team's tour to India and signed Pakistan captain Inzamam-Ul-Haq as its brand ambassador.\n\n
P N Dhoot wins 'Man of Electronics' award
It is a make-or-break year for South Korean handset maker LG Electronics in India. As per market research firm IDC, the share of smartphones in the overall handphone market in India is expected to touch 9.3 per cent by 2016, up from 2.9 per cent during 2012, making it the fastest growing smartphone market among the emerging nations.
LG Electronics India Ltd on Thursday announced its foray in the country's server segment to fuel growth and achieve an over 68 per cent rise in IT segment turnover at Rs 760 crore (Rs 7.6 billion) in 2004.
South Korea's LG Electronics Inc unveiled a curved smartphone on Monday in a move to catch up bigger rival Samsung Electronics Co.
LG Electronics India Ltd on Thursday said it was planning to manufacture laptops at its proposed greenfield plant at Ranjangaon near Pune.
The Monopolies and Restrictive Trade Practices Commission on Wednesday banned consumer electronics major LG Electronics from advertising its 'Mangal Hi Mangal Offer' gift scheme, saying the advertisement was "deceptive".
To enjoy 4G on move, customers just need to upgrade to a 4G SIM available at stores.
After clocking $100 million in exports in 2005, LG Electronics India, on Wednesday said it would focus on developing India as a major hub for its exports to Africa, Middle East,
The late entrant is banking on rapid launches, focused distribution and higher localisation to get 5 million of the market this year. Will it succeed?
Delhi Lt Governor V K Saxena has recommended an NIA probe against Chief Minister Arvind Kejriwal for allegedly receiving political funding from the banned terrorist organisation 'Sikhs for Justice', Raj Niwas sources said on Monday.
LG Electronics India on Thursday said it will launch several new products -- including laptops and notebook computers -- and offer up to 20 models of GSM mobile phones in the Indian market.
Market leader with 20.6% share in the air conditioning segment.
Tribunal ruling in I-T's favour may open floodgates to claims against other MNCs.
LG Electronics, the official global partner of the ICC Cricket World Cup, will be launching a limited edition of official 29-inch colour televisions in India.
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