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Consumer durables

German brand Blaupunkt to take India-made TV to global market, expand product portfolio

The company is also working on expanding its offering beyond TV to other appliances New Delhi: German consumer electronic brand Blaupunkt is planning to export LED TV to markets such as Australia and South America, making India a hub for production,...

Whirlpool of India Q4 net profit down 24.6% to Rs 63.7 crore

Whirlpool's revenue from operations was down 2% to Rs 1,672.65 crore during the quarter under review against Rs 1,706.91 crore in the corresponding periodNew Delhi: Consumer durables maker Whirlpool of India Ltd on Wednesday reported a 24.58% decline in...

Arzooo launches its consumer durables brand NU

The NU product range comprises smart LED TVs, washing machines and air conditioners, and will be available pan India across 18,000 pin codes Bengaluru: E-commerce marketplace Arzooo has launched its consumer durable brand NU, the company announced in a release on...

Croma opened its latest outlets in Panipat, Lucknow and Jaipur

The Panipat store is the brand’s first in the town, the Lucknow store its fifth in the city and the one in Jaipur its third in the tourist hub New Delhi: Consumer durables and electronics (CDE) retail chain Croma opened three...

Amway enters consumer durables segment with premium cookware range launch

The largest direct marketing company Amway India on Monday announced its entry into the consumer durables space with a premium cookware range under the label of Amway Queen. According to a PTI report, Amway India sells over 130 products across nutrition, beauty,...

Consumer Durable companies foresee growth to prove 2017 profitable

With a 'fairly profitable' year of 2016, the consumer durable industry is looking forward to maintaining the momentum by cashing in on GST, likely to be rolled out in 2017, and overcome the short-term issues thrown up by demonetisation. According...

Consumer durables not a luxury item; GST rate should be 18 per cent, says CEAMA

Consumer electronics manufacturers’ association has urged the government to bring refrigerators, washing machines and other electronics of daily use in the 18 per cent slab rate under the goods and services tax (GST) regime, as opposed to the 28...

4 GST slabs may make oil, chicken expensive; TV, air conditioner cheaper

The recently proposed 4 slabs GST structure may hit the common man as it is likely to result in higher taxes on various items including kitchen staples such as edible oils, spices and chicken, as per a PTI report. However,...

4 GST slabs planned, consumer durables, FMCG face 26 pc levy

The Goods and Services Tax (GST) Council, at the end of Day One of its meeting on Tuesday, decided on the issue of compensation for states, Finance Minister Arun Jaitley told reporters. "One main issue in today's (Tuesday) agenda was...

Among durables, Indians spent the most on vehicles : NSSO data

According to new data released by the National Sample Survey Office (NSSO), vehicles accounted for the highest share of the amount Indian households spent on consumer durables in 2014-15. The study named, 'Key Indicators of Household Expenditure on Services and...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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