The JV, Voltbek Home Appliances, aims to take on LG, Samsung as well as home-grown players such as Godrej among others head on with a slew of products that hopes to combine the best of both worlds -- European technology and design, with Indian pricing and delivery.
The scrip was the worst hit among the front-line companies on both the indices during the day.
It currently has invested in 35 locations, some of which border on a luxury level format and are large at 2,500 square feet.
Here is what you must not think before buying life insurance, says V Viswanand, Senior Director and Chief Operations Officer, Max Life Insurance
'The Pakistani military has encouraged and supported terrorist organisations, especially in Kashmir, as a means of waging proxy war against the Indian military and the country's superior economic resources.' 'The evidence is irrefutable with the recent killing of 46 paramilitary troops being just the latest example.'
Gopinathan is aware of the challenges and opportunities that lie ahead.
Laid to Rest: The controversy over Subhas Chandra Bose's death, a book published by Bose's great nephew Ashis Ray, reveals how we've always known the truth, notes Karan Thapar.
Raghavendra Kamath reports on what ails India's real estate sector.
The US government should not only look at salary, but also focus on skills while making immigration reforms
Ajit Balakrishnan on how the Web could return to its original egalitarian goals.
Higher dividend taxes, falling valuations make alternative shareholder payment attractive.
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
'China feels India will be hard-pressed not to go after China because we are so badly dependent on them -- and that is the reality.'
Flipkart might consider Singapore, too, as listing norms aren't very strict.
Work on a dozen decisions to start by next week.
'The rate of transmission of COVID-19 in Hong Kong was 0.7 -- anything below 1 suggests the epidemic is receding.' 'The city-State achieved this without the de facto police-State curfew that India has resorted to,' says Rahul Jacob.
You can look at equity-oriented balanced funds.
States are now gearing up to implement the scheme, integrating it with their own public health insurance plans and tying up the loose ends.
Experts say investors should stay patient and stay invested in mutual funds.
The transaction - the second one in less than a year - is seen as an effort to restore investor faith in the company following a dismal performance by its UK subsidiary, Jaguar Land Rover Automotive.
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
China's biggest carmaker, which own brands like Maxus, MG, Roewe and Yuejin, plans to invest $1 billion in India manufacturing unit, reports Swaraj Baggonkar from Mumbai.
Experts say the size of the fund shouldn't be a primary criterion for selection.
It was a year of big gains for equity investors.
Economists have asked Finance Minister Arun Jaitley to lower interest rate, rationalise subsidies, remove all cess and surcharge, do away with the retrospective tax amendments and scrap dividend distribution tax to revive investment cycle and promote growth.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
Experts suggest six ways to play stocks that tank suddenly and make money as Sanjay Kumar Singh listens in
A random check of the database for India displays about 22 offshore entities, 1,046 officers or individual links, 42 intermediaries and as many as 828 addresses within the country ranging from the tony and posh locations of metropolitan cities like Delhi, Mumbai, Kolkata and Chennai to mofussil locations like that in Haryana's Sirsa, Bihar's Muzaffarpur and Madhya Pradesh's Mandasaur and state capital Bhopal.
'It is never easy to run a campaign as a woman, particularly a minority woman, especially when you are bucking the establishment.' 'My entire campaign is an act of resistance.'
Dinesh Vazirani on how he built Saffronart into an institution.
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
Experts say you may invest in small-sized funds and benefit from their nimbleness.
The United States National Security Agency has sent some staffers home because of the government shutdown despite crucial security services being exempted from the shuttering of offices due to lack of funds.
As inflation rate is near the upper limit of the comfort zone, experts rule out rate cuts anytime soon
Tata Motors, Titan Company & Tata Steel come in at second, third & fourth slots.
Finance Commission has got new team who are committed to growth initiatives.
When Prime Minister Narendra Modi recently extended a Rs 8,000-crore (Rs 80 billion) central support for building roads in Jammu & Kashmir, Union Cabinet's approval for the big-ticket announcement came in barely 48 hours.
Their success stories will inspire you too.
Addressing his council of ministers in a video conference, Modi asked them to prepare business continuity plans to fight the economic impact of COVID-19 on a war footing, but also asserted that this crisis is an opportunity to boost the 'Make-in-India' initiative and reduce dependence on other countries.
The bill, however, has to be passed by the Senate, wherein the Republicans enjoy a majority, before it can be signed into law by the US President Donald Trump.
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