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 […]

    LG Electronics India expects 20% rise in sales this year

    In Kerala, the company is targeting a sales of Rs 550 crore during the Onam season. This is 20% higher than the same period in the previous year.  KOCHI: LG Electronics India is expecting a 20% growth in sales in the current year, which will be higher than industry growth of consumer durables. Unveiling the products for the Onam festival, […]

    Samsung Electronics expects record-high Q2 profits

    SEOUL, JULY 7:   Samsung Electronics expects profits to soar 72 per cent in the second quarter to a record high, it said today, as it moves on from a recall debacle thanks to rising memory chip prices and increased demand for smartphones. The South Korean tech giant estimated its operating profit for April—June at 14 […]

    AMD CEO Says Expects to Return to Operating Profit in H2 2016

    US semiconductor maker Advanced Micro Device Inc expects to return to operating profitability in the second half of this year, Chief Executive Lisa Su said Wednesday. “I expect our revenue to grow for the full year,” said Su, speaking on the sidelines of the Computex technology trade show in Taipei. In mid-April, AMD reported first-quarter […]

    government Expects Textiles Exports to remain Flat in FY16

    Mumbai: The country‘s ordinary exports of textiles and apparel may additionally stand at $forty billion in 2015-16, much like closing year‘s level, a senior reputable stated here. “We see slowdown in China as an opportunity for us and we’re searching at $forty billion of textiles exports this year. to overcome global slowdown, the textile Ministry […]

    Debate and drama: What the Congress expects from this session of Parliament

    Photo Credit: Adnan Abidi/Reuters 16.6K Total Views President Pranab Mukherjee flagged off the Budget Session on Tuesday with a joint address to both Houses, in which he said that Parliament was a place for debate and discussion, not disruption or obstruction. Just before the session began, Prime Minister Narendra Modi urged the Opposition to utilise […]