Archives
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ELECTRONICS 
October 1, 2019 Amazon, Flipkart festive sales: Consumer electronics, fashion catching up with mobile phones
Brands OnePlus, Samsung and Apple together clocked over Rs 750 crore in the first 36 hours (includes early Prime access) of sale. Mobile phones may still be the go-to product for millennials during the ongoing online festive season sales but consumer electronics and fashion are fast catching up. Driven by a wide selection and lucrative […]
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ELECTRONICS 
September 4, 2019 German Consumer Electronics Brand Telefunken to Enter Indian TV Market
New Delhi: German consumer electronics brand Telefunken will make a foray into the Indian market by this month as it introduces its range of LED TVs. Frankfurt-based Telefunken Licenses GmbH, which owns the trademark rights of the company, will enter India with a local partner. Telefunken is brought in India by Japan-based Toyoichi Tsusho Co, which […]
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ELECTRONICS 
August 26, 2019 IFA 2019: What to expect from Europe’s largest consumer electronics show
IFA 2019 kicks off September 6 in Berlin. Here’s what to expect from Europe’s largest consumer tech trade show. (Image credit: IFA Facebook page) IFA, or Internationale Funkausstellung, is Europe’s largest consumer trade show. Held annually in Germany’s capital city of Berlin, this year’s trade show will run from September 6 to September 11. The annual convention will […]
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ELECTRONICS 
August 9, 2019 BPL returns to Flipkart to sell consumer electronics
KOLKATA: Amazon exclusive consumer electronics maker, BPL India has decided to sell through Flipkart in a bid to reach out to newer consumers and also accelerate growth rate at a time when consumer spending on white goods is slowing down. With this, BPLNSE 1.93 % will now sell through both Amazon and Flipkart who together control over 80% of online sales of consumer electronics in […]
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ELECTRONICS 
July 27, 2019 InnoVen Capital invests in consumer electronics firm boAt
InnoVen Capital has invested Rs 16 crore (approximately $2.31 million at current exchange rates) in consumer electronics technology startup boAt, the venture debt firm said in a statement. InnoVen, which had earlier invested in other consumer-focused startups, said the move is in line with its strategy of capitalising on rising consumer spending in India. boAt […]
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ELECTRONICS 
July 19, 2019 Sachin Bansal’s fund infuses Rs 20 crore in consumer electronics startup boAt
There are very few Indian firms in the consumer electronics segment that can boast of taking on the might of the international brands. One startup boAt is doing just that. The company makes earphones, speakers and travel chargers capable of challenging the likes of Bose and Apple. The company has now received funding from Flipkart co-founder Sachin […]
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ELECTRONICS 
July 8, 2019 Budget 2019 can be game-changer for consumer electronics industry; govt must take these steps
Budget 2019-20: To find the growth rate again, the government should take numerous steps in Union Budget to improve the current market conditions in India. By Avneet Singh Marwah Union Budget 2019 India: Currently, the Indian market is going through a tough phase as the buying power is being affected. There was no spike in the television […]
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ELECTRONICS 
April 20, 2019 Mobile phones, consumer electronics lift Reliance Retail
KOLKATA: 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 […]
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ELECTRONICS 
February 2, 2019 Budget 2019: Consumer electronics industry expects double digit growth rate next fiscal
The consumer electronics industry is expecting to get back to double digit growthrate in the next fiscal if the proposed tax exemptions on rural people and middle class tax payers announced in the interim budget goes through. Apex industry body Consumer Electronics and Appliances Manufacturers Association president and Godrej Appliances business head Kamal Nandi said the […]
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ELECTRONICS 
May 7, 2018 Fireside Ventures backs consumer electronics startup boAT
Consumer-tech lifestyle startup boAt said on Thursday it has received Rs 6 crore ($900,000) in funding from early-stage venture firm Fireside Ventures. The startup, operated by Imagine Marketing Pvt. Ltd, was launched in 2016 by Aman Gupta and Sameer Mehta and is pitching itself as a lifestyle brand. It sells consumer electronics products such as […]
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ELECTRONICS 
December 14, 2017 Electronic products, consumer goods may cost less soon
HIGHLIGHTS CBEC asked the companies to immediately lower prices of shampoos, deodorants and other products on which GST was slashed from 28% to 18% While several companies have already lowered prices, there are others who are yet to pass on the gains Electrical goods and consumer durables may see GST rate cut as they are […]
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COUPONS 
September 15, 2017 Insurers cutting back on drug coupons amid concerns over consumer costs
John Ellmann, 59, of Highwood, speaks about his struggle with affording his medicine; his health insurer, Blue Cross and Blue Shield of Illinois, has put limits on coupons he uses for his copay. (Alyssa Pointer/Chicago Tribune) With many drug prices rising, consumers often pull out coupons or discount cards from drugmakers to save money when they buy medications […]
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