Consumer Durable Companies

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  Indian Firm With 3,985% Rally Bets On Phone-Operated Fan, Heater

  The company, which started 40 years ago with a mere 100,000 rupees, now has products ranging from food mixers to fans and is betting that rising personal incomes in the world's second-most populous nation and more than a billion mobile-phone connections will boost its sales further.

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  GST Rates: Consumer Durable Companies Anticipate Sales Dip In July-August

  According to Consumer Electronics and Appliances Manufacturers Association (CEAMA), such decline would be offset with the festive sales that would start from August this year with Onam.

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  Havells India To Buy Lloyd Electric's Consumer Business For Rs 1,550 Crore

  The deal will help Havells expand its reach into the $15 billion consumer durables market in India which, according to the company, is growing in the double digits.

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  Consumer Durable Companies Expect Growth Clip To Return In 2017

  The makers have plans to introduce new technologies along with premiumisation of their existing offerings, increase in localised production and retail visibility focusing on enriching consumer experience next year.

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  Pay Hike To Lift Auto, Consumer Durable Stocks: Centrum Broking

  Higher wages could also lead to a demand for real estate and this will also boost housing finance companies, he added.

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  Seventh Pay Commission: Cabinet Decision Awaited, Auto Shares In Focus

  Shares of auto and consumer durable companies were in the spotlight today. The Cabinet is likely to decide on Seventh Pay Commission's recommendations today.

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  Hitachi Home Plunges Over 10% After Q2 Loss

  Shares of consumer durables company Hitachi Home and Life Solutions plunged as much as 10.35 per cent at intraday low of Rs 1,327 after the company reported loss in the September quarter.

• Crompton Greaves to Demerge Consumer Business; Stock Gains

  Shares of Crompton Greaves gained as much as 5.5 per cent in trades on Friday after the company said that it would demerge its consumer durables business into a separate entity.

• Consumer Durable Companies Expect Festive Sales to Ring in 'Acche Din'

  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.

• LG to invest Rs 800 crore this year; eyes Rs 22,000 crore revenue

  The company, which has a market share of 30 per cent in the consumer durables market, is looking to enhance it by 5 per cent during the current year, he added.

• Festive discounts, freebies galore as companies try to woo consumers

  Consumer durables makers are offering assured gifts, cash backs and special packages like free installation, discount on annual maintenance cost, free insurance etc. to boost their sales this festive season.

• Cars, consumer durables to cost more as rupee tumbles

  As the rupee continues its free-fall against the dollar, cars, TVs, washing machines and other home appliances are set to cost more with companies set to hike prices to offset impact on their margins.

• Consumer durables may cost up to 5 per cent more this festive season, rupee movement eyed

  This festive season will be an expensive one for those looking to buy consumer durables with companies planning a fresh round of price hike of up to 5 per cent to offset impact of weak rupee and additional cost to comply with changes in energy efficiency ratings norms.

• Panasonic India's Manish Sharma promoted as managing director

  Panasonic Indias managing director for consumer product division, Manish Sharma, has been promoted to the position of managing director of the company, the consumer durables maker said in a statement on Tuesday.