With the Central Government making it mandatory for consumers to switch to CAS in select parts of major metros, Onida is planning to launch LCD televisions that have an embedded technology to encrypt digital signals.
Starting with a family, which had a dealership of Bajaj Auto's scooters, to becoming the owner of a household name in consumer appliances who could afford to have Bollywood superstar Shah Rukh Khan as the brand ambassador, Venugopal Dhoot's is a story of an aggressive small town businessman's pursuit to be on the top. Now arrested in connection with the ICICI Bank loan fraud case, Venugopal Dhoot during his heydays was not the one to simply sit on small achievements like Videocon becoming the largest television set manufacturer in India.
Faced with an unprecedented bear run, the consumer electronics industry is planning to pull out all stops in generating sales during the upcoming festival season, with heavy discounts, freebies, bundling offers and even dealer junkets.
Sasha Mirchandani's tryst with investing began when his own venture failed to seek funding in early 2000s.
Indian consumer durable market faces competition from Korean dealers.
Stock clearing to rain discounts on consumers in June ahead of GST rollout.
Blind spots of the company were two-fold - managing cash flow and investments to upgrade technology and continue research and development.
