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BSE, Oberoi Realty, Voltas, two others to be included in MSCI India Index

MSCI is a leading provider of critical decision support tools and services for the global investment communityNew Delhi: Five firms, including BSE, Oberoi Realty and Voltas, will be added to the MSCI India Index effective November 25, 2024, as per...

Noel Tata steps in to fill huge shoes of late Ratan Tata

His appointment as Chairman of Tata Trusts comes after the death of Ratan Tata late on Wednesday evening due to age-related health conditionsNew Delhi: Noel Tata -- the half-brother of late Ratan Tata -- who takes over as Chairman...

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...

AC makers clock two-fold jump in sales in May amid scorching summer

Leading brands like Voltas, LG, Daikin, Panasonic, and Blue Star witnessed robust sales in MayNew Delhi: A blistering summer has led to an almost two-fold jump in sales of air-conditioners in May even as leading manufacturers have been grappling...

Budget: Focus on housing to boost sales of consumer durables in rural markets

Consumer durables and home appliances industry is expecting a boost in rural demand with the government's push for infrastructure and plan to build 2 crore homes in rural areas in the next five yearsNew Delhi: The consumer durables...

Voltas net loss shrinks to Rs 27.60 crore in Q3, sales rise 32%

Total expenses increased 34.77% to Rs 2,623.67 crore in the December quarter of FY24New Delhi: Air-conditioner maker and engineering services provider Voltas Ltd on Tuesday reported a narrowing of its consolidated net loss to Rs 27.60 crore in the...

India’s room AC market likely to touch $5 billion by FY28: Voltas

Easy access to consumer finance has provided a much-needed boost to this category and will continue to do so in the futureNew Delhi: The Indian room air conditioner market is likely to reach USD 5 billion by FY28 with...

Voltas terminates JV pact with Highly as it fails to get govt approval

The proposed JV of the Tata Group firm with Highly International was subject to clearance from the government under Press Note No 3(PN3)New Delhi: Air conditioner maker Voltas on Wednesday said it has terminated an agreement to set up...

Appliances, consumer electronics industry hopeful of robust sales this festive season

The appliances and consumer electronics industry is expecting double-digit growth in sales in the upcoming festive season, which will be further supported by absence of domestic helps and people working from home, according to industry body CEAMA. According to a...

Voltas Chairman Ishaat Hussain retires

Tata group firm Voltas said its Chairman and Director Ishaat Hussain has retired from the company. According to a PTI report: Hussain, a non-executive director on the board of Tata Sons, has declined re-election following the retirement policy of the...
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Digital Icon : Rajesh Kadam

Rajesh Kadam, CEO of Inc.5 Shoes, leads with vision in the footwear industry. His strategic approach has driven both...
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