Archives
COUPONS April 28, 2019 Dear Bed Bath & Beyond: ‘Don’t Mess With’ Your Coupons
By: Loknath DasEarlier this month, Bed Bath & Beyond said that it will take a number of steps to reduce its reliance on coupons as a traffic driver. The home goods retailer will add coupon exclusions, adjust the value of its offers and impose limits on coupon availability. On the retailer’s fourth quarter conference call with analysts, […]
ELECTRONICS April 27, 2019 8 Bharat Electronics officials in soup over favouring companies
By: Loknath DasThe vigilance department of Bharat Electronics Limited (BEL), a defence public undertaking, has ordered blacklisting of a design consultant and action against eight of its own senior officials over irregularities in awarding contracts. BEL allegedly allocated a consultancy contract to RD Konsultants for a confidential defence project to a single company without following due process, […]
ELECTRONICS April 26, 2019 LG Electronics to shut South Korea phone plant, move production to Vietnam
By: Loknath DasSEOUL (Reuters) – LG Electronics Inc said on Thursday it would stop producing smartphones in South Korea and move manufacturing to Vietnam, joining global rivals in reorganising production as they battle a slump in global demand. The restructuring of its money-losing business comes as LG, once one of the world’s top three mobile phone makers, […]
ELECTRONICS April 24, 2019 Samsung Electronics to invest $9.6 billion annually in logic chips until 2030
By: Loknath DasSamsung Electronics said on Wednesday that it would invest 11 trillion won ($9.57 billion) annually through 2030 in logic chip businesses, including its foundry business. The investment until 2030, worth 133 trillion won in total, comes as the world’s top memory chip maker strengthens non-memory semiconductor businesses such as contract chip manufacturing, known as foundry, […]
COUPONS April 23, 2019 Amazon considers buying up to 49% in Future Coupons
By: Loknath DasOnline giant Amazon is not ready to give up on Future Retail just yet. Amazon is working on a new deal structure that will enable it to own stake in Future Retail indirectly, sources close to the development have told CNBC-TV18. The revised FDI policy on e-commerce says that an entity having equity participation by […]
CLOTHING April 22, 2019 Walmart Jumps on the Clothing Subscription Bandwagon
By: Loknath DasWalmart (NYSE:WMT) recently partnered with KIDBOX to launch a new subscription apparel service for kids. The service will offer four to five pieces of curated apparel for $48, which represents a discount of about 50% for the bundled items. Customers keep the clothing they want and return the rest, and shipping is free for both deliveries and returns. […]
ELECTRONICS April 21, 2019 Why You Should Care About MIRC Electronics Limited’s (NSE:MIRCELECTR) Low Return On Capital
By: Loknath DasToday we are going to look at MIRC Electronics Limited (NSE:MIRCELECTR) to see whether it might be an attractive investment prospect. To be precise, we’ll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. First of all, we’ll work out how to calculate ROCE. Second, […]
ELECTRONICS April 20, 2019 Mobile phones, consumer electronics lift Reliance Retail
By: Loknath DasKOLKATA: India’s largest retailer Reliance Retail’s cellphone and consumer electronicsretailing business crossed the $5-billion revenue mark in the year to March, underscoring the breadth of its market presence. Sales in these two categories — which account for about a third of the total — through Reliance Digital and Reliance Jio stores more than doubled to Rs […]
ELECTRONICS April 16, 2019 India Electronics and Semiconductor Association appoints Intel’s Jitendra Chaddah as its Chairman
By: Loknath DasIndustry body India Electronics and Semiconductor Association Monday said it has appointed Jitendra Chaddah as its chairman. Chaddah, Intel India senior director for operations and strategy, has over two decades of industry experience. “I feel extremely honored for taking up the position of IESA chairman at a time when the Indian electronics and semiconductor industry […]
ELECTRONICS April 14, 2019 Bharat Electronics Q4 PAT may dip 20% YoY to Rs. 446.9 cr: Prabhudas Lilladher
By: Loknath DasPrabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goodssector. The brokerage house expects Bharat Electronics to report net profit at Rs. 446.9 crore down 20% year-on-year (down 12% quarter-on-quarter). Net Sales are expected to increase by 32.9 percent Q-o-Q) to Rs. 3,609.4 crore, according to Prabhudas Lilladher. Earnings before interest, tax, […]
ELECTRONICS April 13, 2019 Bharat Electronics Q4 PAT may dip 38.8% YoY to Rs. 342.1 cr: ICICI Direct
By: Loknath DasICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 342.1 crore down 38.8% year-on-year (down 32.6% quarter-on-quarter). Net Sales are expected to increase by 6.5 percent Y-o-Y (up 41.5 percent Q-o-Q) to Rs. 3,843.1 crore, according to ICICI Direct. […]
NEWS April 12, 2019 Stocks in the news: TCS, Infosys, Jet Airways, Prabhat Dairy, Lumax Auto, Sterlite Tech
By: Loknath DasResults on April 12: TCS, Infosys, Alpha Hi-Tech Fuel, Ashika Credit Capital, Gangotri Textiles, GTPL Hathway, Integrated Capital Services, Infomedia Press, Minal Industries, Mold-Tek Technologies, Tinplate Company of India Cipla launches Niveoli, India’s first extrafine ICS-LABA combination HFA inhale Lumax Auto signed a joint venture agreement with Jopp Holding JmbH, Germany for manufacturing and sale of the automotive components IDBI […]
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