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Top 10 Indian consumer durable companies of 2016

India is likely to emerge as the world’s largest middle class consumer market with an aggregated consumer spend of nearly US$ 13 trillion by 2030, as per a report by Deloitte titled 'India matters: Winning in Growth Markets'. The report further...

Flipkart, Horlicks in trouble as ASCI upholds complaints against ads

Advertising sector watchdog ASCI upheld complaints against 98 misleading advertisements in October, including those of Flipkart, Air India, Bajaj Corp, AB Inbev India, GlaxoSmithKline Consumer Healthcare, Panasonic, Xiaomi Technology, Vodafone and Bharti Airtel. According to a PTI report: The Customer...

Panasonic to expand appliances business in India

Panasonic Corporation has announced that it will start the local production of refrigerators and strengthen its R&D functions. The company aims to expand its appliances business in India by accelerating the localizing, production and sales activities to develop products...

Panasonic develops 'invisible' TV that looks like a glass

Imagine a TV that looks like glass and can be fit into your furniture's glass panes. Panasonic has developed a protoype of an invisible TV which generates bright, clear images as normal TVs. According to tech website Engadget, Panasonic has...

Consumer durables makers expect 20 pc festive season sales uptick

Expecting to garner over 20 per cent growth in sales during the festival season, consumer durables manufacturers are focusing on new launches, higher spending on marketing and innovative offers. "The industry is optimistic as companies on average have increased their...

Sale of ACs to rise 30 per cent this summer

It is a happy summer time for air conditioner makers like LG, Samsung, Panasonic and Haier who are expecting a 30 per cent rise in their sales this season. The reason for this rise will be the easy financing...

Manish Sharma is Panasonic's new exec. officer

Panasonic Corporation, the Japanese electronic giant has elevated Manish Sharma (Managing Director, Panasonic India & South Asia) as an executive officer in its global executive council. This is the first time, an Indian will be a part of their...

Panasonic Launches Hair Dryer and Pore Cleanser

With an aim to provide easy and quick at-home care solution, Panasonic has introduced two exclusive products; Hair Dryer and Pore Cleanser. The EH-ND12 Hair Dryer is equipped with numerous features like compactly crafted, light in weight, enables easy...

Ferrari Video’s Headphone Zone

Leveraging on its audio-video accessories distribution business, the Chennai-based Ferrari Video has opened a retail chain "Headphone Zone" specialising in headphones and billed as Asia’s first exclusive headphones retail brand. It is founded by 24-year-old Raghav Somani whose family...

Consumer durables retailer Great Eastern Company opens 23rd outlet in Kolkata

Consumer durables retailer Great Eastern Trading Company has opened its 23rd outlet in Kolkata at Nager Bazar. Spread over 10,000 sq.ft., the new store stocks brands such as Sony, Samsung, LG, Philips, Haier, Toshiba, HP, Compaq, HCL, Whirlpool, Godrej,...
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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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