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.
The draw also produced a clash between two former European champions with AC Milan facing Serbia's Red Star Belgrade while French league leaders Lille face Ajax Amsterdam in a fascinating tie.
International brands such as Daikin, Hitachi and Samsung, which were largely present in the premium products range, are getting aggressive on expanding their mid-range portfolios to penetrate into smaller cities and towns. While competition isn't hurting Voltas just yet, which has managed to retain its market share at 24.4 per cent as of September 30 (Q2), the main question is whether the company can defend its market share without compromising on profitability.
Real Madrid president Florentino Perez has tested positive for COVID-19, the Spanish champions said on Tuesday.
IMAGES from the EPL matches played on Saturday
With a scramble for deposits at the end of financial year, banks are using every possible trick to boost employee performance.
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.
Some companies argue that the culture of staying, working and learning at home will persist for a while, altering lifestyle habits of consumers.
Manchester United and Tottenham Hotspur built hefty leads with emphatic away wins in their Europa League last 32 first-leg matches but AC Milan were held to a 2-2 draw at Red Star Belgrade as the competition resumed on Thursday.
Rafael Leao scored the fastest goal in Serie A history, hitting the target after six seconds,
Images from the Nations League football matches played on Thursday.
Tata Motors on Wednesday expanded its electric vehicle range in the country with the launch of Nexon EV MAX, priced between Rs 17.74-19.24 lakh (ex-showroom). Equipped with a 40.5 kWh lithium-ion battery pack, the Nexon EV Max offers 33 per cent higher battery capacity than the Nexon EV, delivering ARAI certified range of 437 km (under standard testing conditions), ensuring uninterrupted inter-city travel. ARAI refers to Automotive Research Association of India. The model produces 105 kW (143 PS) of power and delivers a torque of 250 Nm, resulting in 0 to 100 sprint times in under 9 seconds.
Real Madrid dug deep in a 3-0 home win against lowly Alaves in the La Liga, but Ligue 1 leaders Paris St Germain their second Ligue 1 loss of the season.
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.
AC midfielder Franck Kessie scored from a penalty to give AC Milan a 2-2 draw away to Napoli in Serie A on Sunday, sparing the blushes of his goalkeeper Gianluigi Donnarumma whose mistakes provided the hosts with both their goals. Sevilla closed in on Champions League qualification by beating struggling Real Mallorca 2-0 at home to open up a nine-point gap in the race for fourth spot in La Liga.
Regulations in Milan, which is in one of Italy's Yellow Zones, include a curfew between 2200 and 0500 with breaches resulting in fines.
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a five-year-long reform-based result-linked power distribution scheme worth Rs 3.03 lakh crore, for strengthening system of utilities to improve efficiency. Briefing after the CCEA meet here, Power and New & Renewable Energy Minister R K Singh said, "We have done a lot for power distribution reforms. It needs to be strengthened. Today, the Cabinet has approved the new scheme worth Rs 3.03 lakh crore, including Rs 97,000 crore central outlay." He said the funds would be given to power distribution companies (discoms) to strengthen their system.
The tragedy comes two days after 22 COVID-19 patients who were either on ventilator or oxygen support, suffocated to death when their oxygen supply stopped suddenly due to a malfunction in the main storage at a civic hospital in Nashik.
Man United were mistakenly drawn with Villarreal, even though both teams had already faced each other in the group stage.
In a move that will bring cheer to rail commuters in Mumbai, Railway Minister Lalu Prasad on Monday said suburban train services in Mumbai would be increased.
Market leader with 20.6% share in the air conditioning segment.
Three children admitted in government-run Kamla Nehru Children's Hospital in Bhopal died in a fire that broke out on Monday night, Madhya Pradesh Chief Minister Shivraj Singh Chouhan said.
Lionel Messi is set to join Paris St Germain after Barcelona were forced to let their Argentine talisman go as they could not afford to give him a new contract under La Liga's salary limit rules.
Zlatan Ibrahimovic is more in demand at the age of 38 than he was 10 years ago and is adapting his game as he gets older, the Swedish forward said as he was officially presented by AC Milan on Friday. Ibrahimovic has rejoined the club he left seven years ago for a six-month stint, with an option to extend his stay, but there are questions over how much impact he can have on the fallen giants who are languishing in 11th in Serie A.
'When Covid first struck, the lockdown resulted in clean air in major Indian cities.' 'You were able to see the Himalayan range from Ludhiana.' 'In Delhi, you were seeing deer and stags all over the city because there was no traffic.' 'It was incredible. Nature was waiting to come back.'
Bumrah seems to have taken some inspiration from football legend Zlatan Ibrahimovic as he gets ready to lead Mumbai Indians' bowling charge in their title defence in IPL 2020.
The much awaited fully air conditioned double-decker trains between Delhi-Jaipur and Mumbai-Ahmedabad are set to be launched soon as both of them have got safety clearance.
On the other hand, mobile accessories, medical equipment energy efficient CFL lamps, set top boxes, compact disc, toys and books will be cheaper on account of some tax concessions offered on these items by Finance Minister Pranab Mukherjee in the Union Budget for 2010-11.
The Tejas Express between Ahmedabad and Mumbai Central will run six days a week except on Thursday. The train will halt at Nadiad, Vadodara, Bharuch, Surat, Vapi and Borivali stations in both directions. The train will have AC Chair Car Executive Class and AC Chair Car coaches. Meals will be served to passengers by on-board service staff.
A unique feature of this range (split air-conditioners) would be its efficiency in saving power and energy.
Former Brazil striker Ronaldinho Gaucho said he has tested positive for COVID-19 and is self-isolating.
Commuters will soon enjoy the experience of travelling by a double-decker airconditioned train between Mumbai and Ahmedabad.
AC Milan grabbed a 1-1 draw at Manchester United in the blockbuster Europa League last-16 first-leg at Old Trafford on Thursday.
The fire department said the four-storey building, which did not have a fire safety certificate, had a single entry and exit point.
The fire in the ICU of a hospital in Maharashtra's Ahmednagar district is one more in a series of devastating blazes in the state, claiming lives of coronavirus patients.
Only a few thousand chargers dot the Indian landscape, some in working condition, others not, with some held hostage to the power supply vagaries of local utilities, reports S Dinakar.
Faced with acute power crunch, China has started testing a new type of air-conditioner that uses ice to cool air, a method that can cut down electricity consumption as much as 90 per cent, a media report said on Saturday.
'At the end of the day, we are all humans.'
News of all that transpired on and off the football field.
Images from the UEFA Champions League matches played on Tuesday night.
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