Indian golfer Khalin Joshi clinched his maiden Asian Tour title, claiming the Panasonic Open India at the Delhi Golf Club, in New Delhi, on Sunday.
Consumer durable makers like Sony, LG, Panasonic and Whirlpool are expecting up to 35 per cent growth in the upcoming festive season and are pulling out all stops as the sector eyes a rebound from a prolonged slump.
With consumers staying indoors and e-commerce firms extending their reach to a larger number of pin codes, these giants have snatched a larger share from the offline traders this season.
SoftBank Group-backed Ola Electric is in talks with multiple global suppliers to build a battery cell manufacturing plant in India with a capacity of up to 50-gigawatt hours, sources said. As part of its broader electrification push, the firm plans to invest in companies with advanced cell and battery technology, alongside the 50 Gwh battery plant. Ola Electric needs 40 Gwh of battery capacity to power 10 million electric scooters annually. The remainder will be for its electric cars, which the company plans to manufacture in the future.
Durable goods companies and retailers say online sales won't compensate for the fall in offline sales.
As Delhi-NCR chokes on post-Diwali pollution, demand for air purifiers has spiked with manufacturers such as Eureka Forbes, Blueair, Kent RO and Panasonic expecting up to four-fold jump in sales.
Choose from a range of accessories to make his life easy, enjoyable and stress-free.
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.
Summary of sports events and persons who made news on Sunday
As many as 15 companies, including Adani Copper Tubes, LG Electronics and Wipro Enterprises, with committed investment of Rs 1,368 crore, have been selected as beneficiaries under the PLI scheme for the white goods sector, the government said on Tuesday. In March, the commerce and industry ministry had reopened the application window for its Rs 6,238-crore PLI scheme for white goods -- air-conditioners (ACs) and LED lights-- with an aim to accommodate more players as several firms had expressed interest in the initiative. Last year, as many as 46 firms, including Daikin, Panasonic, Syska and Havells, with committed investment of Rs 5,264 crore were selected in the first round the scheme.
Chiragh Kumar used his familiarity with the Delhi Golf Club to help him win his maiden Asian Tour title at the Panasonic Open India on Sunday.
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.
Almost 40 per cent of a durable company's sales are achieved during the festival season
The Tata group may have to deploy upwards of $1 billion to improve the airline's passenger reservation system, upgrade and refurbish Air India's fleet, primarily the wide-body aircraft which are the mainstay for the airline's international operations, people in the know said. While the group has not yet decided on how it intends to integrate Air India with its existing airlines AirAsia India and Vistara, sources said the first task will be to refinance Air India's existing loans, upgrade its aircraft gradually, and rewrite multiple business contracts with vendors and suppliers. "They will have to do 100 things to stabilise the airline and will have to put in a lot of money," DIPAM secretary Tuhin Kanta Pandey said, confirming that many aircraft are grounded.
LG, Samsung, Videocon, Sony and Panasonic have instructed their trade partners that products sold through online marketplaces without their knowledge during flash sales will not get the benefit of after-sale service and warranties.
India's Rahil Gangjee ended a 14-year title drought when he sank a decisive birdie on the final hole for a one-shot victory at the Panasonic Open
While e-commerce operations for these firms are small at the moment, it is slated to grow in the next 3 to 4 years.
Matsushita Electric has decided to outsource colour televisions from India to countries in the Middle-East, Singapore, Australia and a few African nations.
One of Apple's suppliers, Salcomp, will invest Rs 2,000 crore over the next five years to make components at a Nokia plant in Chennai. The facility, which has been closed for nearly 10 years, will be revived and made operational from March 2020.
Cashing in on the interest generated in the three-dimensional world by films like Avatar, consumer electronics companies like Samsung, LG, Sony and Panasonic are gearing up to cajole Indian consumers to buy a 3D TV set
The actor tweeted a picture on his arrival.
It is not without reason that Japanese consumer electronics companies such as Sony, Panasonic, Hitachi, Daikin and Sharp are investing significant sums in India.
Excise duty on most products has been capped at 12.5 per cent
FMCG, durables, pharma firms say they remain unclear about transition gains and losses
By teaching professional photography to the differently-abled, KnowDisability is helping them take charge of their lives.
Apple and Samsung are international players and should work as a team with domestic companies to transform India into a global powerhouse: IT Minister Ravi Shankar Prasad.
New stars emerged on the horizon in Shubhankar Sharma and Ajeetesh Sandhu even as familiar faces strengthened their stranglehold by picking up their own set of titles in a season of new highs for Indian golf.
Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations.
The success of internal communication depends on its utilisation.
India was the second largest filer of international trademark applications among the BRICS nations in 2014.
In total, BSE would shift as many as 40 securities to the trade-for-trade category or 'T' Group while NSE would transfer 18 scrips to the segment on its platform, as per separate notices issued by both the bourses.
Modi has set a target of generating 100 Gw of solar power by 2022.
Neeraj ran in fast, did the crossover. The javelin flew out of his hands and he did not look towards the sector. He just knew he had bettered the first attempt. The moment the javelin left his hand, he knew he had done it.
Shiv Kapur had the best performance among Indian golfers as he finished fourth at the Panasonic Open India which concluded at the Delhi Golf Club in New Delhi on Sunday.
Shiv Kapur braved tough conditions to manage an even par 72 to be tied third while Jyoti Randhawa fired a flawless five-under 67 to jump to sole fifth after the third round of the Panasonic Open India, in New Delhi on Saturday.
Anirban Lahiri overcame swirling winds for an opening round three-under-par 69 to ignite his title defence at the Panasonic Open India on Thursday. Prom Meesawat of Thailand was among eight players tied in second place on 70 with Asian Tour rookie James Byrne of Scotland, Australians Adam Groom and Scott Barr and Indians Shankar Das, Ashok Kumar, Sanjay Kumar and Digvijay Singh at the US$300,000 event.
Firms are offering employees flexi hours; demand for air purifiers, masks have skyrocketed.
Seasoned Indian golfer Jyoti Randhawa will celebrate a milestone 200th Asian Tour appearance when he joins 25 other Tour champions at the Panasonic Open India in New Delhi from March 29.
Rising Indian golfer Anirban Lahiri will feature in this week's US $2.5 million Maybank Malaysian Open as the newest Asian Tour champion to emerge from the sub-continent.
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