• ELECTRONICS
    Indian govt steps up focus on electronics exports, new policy to outline measures

    The government is drafting the upcoming National Electronics Policy (NEP) with an increased focus on exports as it looks to harness the local capacity in electronic goods, including smartphones built for the domestic market, a top official told ET. The idea is to ensure that there is no excess manufacturing capacity and instead utilise the same to build products for customers […]

  • Gibson files for bankruptcy to ditch electronics, focus on guitars

    A man admires a 1955 Gibson Les Paul Goldtop guitar belonging to David Gilmour of Pink Floyd (R) and a sunburst Fender Stratocaster formerly owned by Jimi Hendrix (C) at the ‘Travelling Guitars’ exhibition at the Cite de la Musique in Paris October 10, 2006. Benoit Tessier / Reuters Yesterday Gibson Brands filed for Chapter 11 […]

  • COMPUTERS
    Jide Discontinues Remix OS, Moves Focus to Business Customers

    HIGHLIGHTS The company launched Remix OS for PC last year The company says that backers from KickStarter will be refunded Jide says it will be focussing on enterprise customers now Jide Technology on Tuesday announced that the company has decided to discontinue its Android-based Remix OS and that it will be “transitioning away” from consumer space. For […]

  • CLOTHING
    Adidas Seeks Buyer For Golf Business To Focus On Shoes, Clothing

    Berlin: Adidas said it would aim to sell its loss-making golf business to focus on shoes and clothing, after its core Adidas brand reported strong quarterly sales, particularly in the United States. The German sportswear firm, which launched a review of its golf unit last August, said on Wednesday it had decided to focus on […]

  • ALL DEALS
    Jabong’s hires show focus on marketplace model

    Gurgaon-based Jabong, owned by GFG, largely runs on an inventory-led model—the company buys the stock before selling. A marketplace model is one where a firm connects customers to third-party sellers on its platform and is thus less capital-intensive. Jabong has hired Ranjan Kant as its chief marketplace officer, indicating the online fashion retailer’s plan to […]

  • ALL DEALS
    After Start-up India launch, focus turns to implementation

    Photo: Kamal Kishore/PTI New Delhi: After the hype of Start-up India, the government initiative that brought young entrepreneurs, venture capitalists and policymakers under one roof, all eyes are on the government to see how the policy changes are implemented. On Saturday, Prime Minister Narendra Modi unveiled the start-up action plan, announcing measures including a Rs.2,500 […]

  • ALL DEALS
    Start-ups’ focus shifts to conserving cash

    Grofers shut operations in nine cities, citing poor demand, just two months after raising as much as $120 million from Japan’s SoftBank Group and Tiger Global Management. Photo: Ramesh Pathania/ Mint Bengaluru: From Flipkart and Ola to Grofers and Peppertap, start-ups across the board are focusing on cash conservation and making their core businesses fitter, […]