Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will invest Rs 6,247.5 crore to buy a 1.4 per cent stake in Reliance Industries Ltd's retail arm -- the billionaire Mukesh Ambani-led firm's third such deal in less than two days.
How media and gadget companies are trying to get along
This is the second investment by General Atlantic in a subsidiary of Reliance Industries, following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year.
Reliance Retail on Monday unveiled 'Reliance Digital' here, its third consumer electronics mega store in the country, after successfully launching it in Delhi and Mumbai, a company official said on Monday.
Japan's Sony Corporation is targeting two billion dollar revenue from its India operations in the next two years, half of which would come from its consumer electronics business.
Shortage of semiconductors, price hikes pull January auto sales into red. Dec had seen sales grow for 1st time this FY, which dealers called a one-off.
Sunil Nayyar moved to India as head of sales for Sony.
Samsung eyes growth in consumer electronics business in 80 districts through its service vans, and adding over 250 service points and as many resident engineers.
Dutch consumer electronics major Royal Philips is in talks with major retail players in India, including Mukesh Ambani-promoted Reliance Retail and Tata Group company Trent for a tie-up, as it looks to shore up volumes in the country.
Spencer's Retail, part of the Rs 11,000 crore (Rs 110 billion) RPG group, is looking for foreign retail partners for foraying into luxury retail as well as strengthening its presence in consumer electronics.
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The Consumer Electronics Show is the world's largest consumer technology tradeshow.
The Consumer Electronics Show is the world's largest consumer technology tradeshow.
While consumer electronics, technology, mobile phones, auto and sports-wear categories dominate the top 20, FMCG has only one entry in the list
The environmentally conscious sleeping arrangements were put on display for the media for the first time on Thursday at a mock apartment in the Tokyo 2020 headquarters
The domestic consumer electronics and television makers on Tuesday asked the government to bring down the tax on the industry on par with other countries
The DTH industry has to pay entertainment tax to state governments and service tax to the central government.
Mukesh Ambani's Reliance group has struck acquisition deals worth $4.2 billion with a dozen companies in just two years to expand its retail business. The latest purchase was of a majority stake in Justdial for Rs 3,497 crore. Elaborating on his acquisition strategy a few weeks ago during the AGM, Ambani stated that one of the key planks would be to acquire businesses that enhanced Reliance's offerings and experiences to customers and that they would be both physical and digital.
One of the world's biggest trade shows, Consumer Electronics Show showcases some of the best tech innovations.
The LG Optimus L9 is a mid-range Android smartphone and competes with Samsung Galaxy SII and HTC One S.
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The government could look at providing deductions for expenses incurred by salaried employees while working from home in the upcoming Budget as it looks to boost demand, consulting firm PwC India said on Thursday. Addressing a pre-Budget session, Pwc India senior tax partner Rahul Garg said demand creation is particularly focussed on money being given or left in the hands of the individuals.
Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.
The Consumer Electronics Show, currently on in Las Vegas, is showcasing exciting new products, enhanced with Artificial Intelligence and machine learning.
Samsung is targetting a sales turnover of Rs 5,273 crore in India in 2004, up by 42 per cent, and announced the launch of several consumer electronic products in the country to strengthen its digital products portfolio.
Reliance Industries Ltd on Friday reported a 7 per cent drop in its June quarter net profit as retail business got hit by the second wave of COVID infections.
Shaikh Allauddin Pakir Maiddin is giving sleepless nights to the top brass of South Korean consumer electronics maker Samsung and its chairman, Lee Kun-hee.
The tablet comes with 1.6 GHz quad-core processor and 2GB RAM.
Apart from bringing new suppliers on board, Xiaomi is also hoping to take advantage of the newly launched PLI scheme that offers incentives on incremental production of smartphones with 2020 as the base year.
The Japan-headquartered company will also streamline its TV business.
Here's a peek into the future of auto and consumer electronics.
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Indian smartphone maker Micromax's dual-operating system tablet Laptab will be priced under $500 (about Rs 30,000) and will be available in the domestic market next month.
Which sectors will bounce back fast? Which will lag? Has the consumer changed forever? Here are some answers.
Consumer Electronics Show gives a preview of the amazing gadgets that will come out in the market in the future, as most leading technology companies announce their products in the trade show. Here are 20 products that stand out from this year's event.
The settlement offer has been made for 13 out of the 15 Videocon group companies that are currently under Corporate Insolvency Resolution Process.
The company unveiled a 105-inch screen UHD TV, which it claims is the world's largest curved UHD TV.
