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AC makers’ profits soar in April-June amid blistering heat

Companies such as Voltas, Blue Star, Whirlpool of India, Johnson Hitachi, and Havells which owns the Llyods brand have reported a high growth trajectoryNew Delhi: Air-conditioner makers have logged a high double-digit growth in revenue. Several of them had...

Havells India Q1 net profit up 42% at Rs 407.51 crore

The company had posted a consolidated net profit of Rs 287.07 crore in the same quarter last fiscalNew Delhi: Havells India Ltd on Thursday reported a 42 per cent jump in consolidated net profit at Rs 407.51 crore in...

Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and kitchen sector in Chandigarh, with double-digit increases in sales quarter-over-quarter (QOQ), a release by the company said on Thursday.The release...

Retail Trends: 5 Companies using AI/AR tools to enhance customer experience

These market leaders have managed to leverage the power of artificial intelligence (AI) and augmented reality (AR) to create market differentiation and delight customers New Delhi: Artificial Intelligence (AI) powered augmented reality (AR) systems use deep neural networks to enhance...

Havells appoints Shashi Arora as CEO of Lloyd

Consumer electrical goods maker Havells has said it has appointed Shashi Arora as the CEO for its consumer durable brand Lloyd.According to a PTI report, Shashi Arora was earlier the MD and CEO of Airtel Payments Bank, part of India's leading telecom firm Bharti Airtel.He...

Havells to exit global market with sale of 20 pc stake in Sylvania

Consumer electricals firm Havells India would exit from the global market by selling remaining 20 per cent stake in its European lighting business Sylvania to China's Feilo Acoustics for 34.5 million euros (Rs 241.94 crore), according to a PTI...

Havells opens showroom in Kanpur

The electrical and power distribution equipment manufacturer, Havells India Ltd, opens another exclusive showroom “Havells Galaxy” in Kanpur. It has been operating and marketing its products in UP for past many years and this is the second Galaxy of...
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Swiggy ‘very well positioned’, eyeing organic growth for Instamart: Rohit Kapoor

The Bengaluru-based company is aiming to garner Rs 11,327 crore from the IPO, which will open for public subscription...
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