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 […]

    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 […]

    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 […]

    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 […]

    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 […]

    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 […]

    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 […]

    Dixons’ Faulty Consumer Electronics

    Dixons Carphone Plc just called with some bad news, and a helping of irony. Its severe profit warning on Thursday was sparked by a downturn in demand for mobile phones, rather than ovens and flat screen TVs. With Brits’ reliance on their phones for everything from social media to shopping, it should have been a […]

    Consumer electronics co Jawbone’s demise a case of ‘death by overfunding’ in Silicon Valley

    Consumer electronics company Jawbone had more than enough money to take on Fitbit and other health-tracking devices in the “wearables” market. (File Photo) Consumer electronics company Jawbone had more than enough money to take on Fitbit and other health-tracking devices in the “wearables” market. That may have ended up being its biggest problem. Top-tier venture […]

    Wearable devices not yet ready for consumer adoption

    Despite the hoopla, wearable gadgets like wristwatches for checking your text messages or eyeglasses that capture video are unlikely to make a splash with consumers anytime soon, given the clumsy designs, high prices and technological constraints of many of the current offerings.That is the conclusion drawn by many industry executives and analysts who trolled the […]