Archives
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ELECTRONICS November 11, 2019 Stock corner: ‘Hold’ Bharat Electronics, an overall miss for company in the quarter
By: Loknath DasMaintain Hold with an unchanged TP of Rs. 125 as we roll over the valuation to March 2021. Sedate execution in the defence segment (up ~10% y-o-y versus our forecast of 30%) led to an overall miss for Bharat Electronics (BHE). Key highlights: (i) Defence revenue grew 10% y-o-y, adjusting for Rs. 12.6-bn EVM/VVPAT execution […]
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ELECTRONICS November 5, 2019 NASA Has a New Method For Cooling Down Electronics Crammed Together in a Spacecraft
By: Loknath DasOne of the most exciting things about space exploration today is the ways in which it is getting more cost-effective. Between reusable rockets, miniaturized electronics, and low-cost launch services, space is becoming more accessible and populated. However, this also presents a challenge when it comes to conventional methods for maintaining spacecraft and satellites. One of […]
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ELECTRONICS October 14, 2019 MeitY May Provide Extra Benefits To Electronics Manufacturers To Make In India
By: Loknath DasThe ministry of electronics and IT (MeitY) is now looking to increase its next round of incentives to attract new investments from the electronics industry in the country. A media report cited a senior government official as saying that MeitY is looking to push the finance ministry to approve the additional incentives that are meant to attract […]
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ELECTRONICS September 13, 2019 Why Fry’s Electronics hasn’t been restocking goods in multiple stores
By: Loknath DasFry’s Electronics recently acknowledged it would shut its store in Palo Alto, California, in January because its lease wasn’t renewed. But stores in other places are running out of goods and don’t appear to be restocking them. It seems like another sign of the retail apocalypse. But a Fry’s spokesman said any rumor of impending shutdowns isn’t true. […]
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ELECTRONICS August 31, 2019 Mobile phones manufacturing surges 8-folds in last 5 years; electronics goods production doubles
By: Loknath DasMobile phones manufacturing has emerged as a flagship sector under the ‘Make in India’ and ‘Digital India’ initiatives. (Bloomberg image) Production of mobile phone in India has shot up 8-folds in the last five years. India produced mobiles phones worth $ 24.3 billion in 2018-19, which was just $ 3.1 billion in 2014-15, according to […]
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COUPONS August 28, 2019 Amazon to acquire 49% stake in Kishore Biyani’s Future Coupons
By: Loknath DasMumbai: Kishore Biyani-led Future Group on Thursday evening said that American e-commerce giant Amazon.com is acquiring a 49% stake in a group entity — Future Coupons Ltd. “We have been informed by Mr. Kishore Biyani on behalf of the existing shareholders forming part of the promoter group and Future Coupons Ltd that they have entered into […]
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COUPONS July 29, 2019 Follow traffic rules, get discount coupons in return
By: Loknath DasWe’ve seen an array of brands trying to educate commuters on road safety in their respective communications in the past. Be it Mumbai Police’s quirky tweets to mark Road Safety week or Hyundai’s Shah Rukh Khan -starrer #BeTheBetterGuycampaign, the brands tend to invest a fortune on such communications. Here’s something a little different from what all we’ve seen […]
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ELECTRONICS July 27, 2019 InnoVen Capital invests in consumer electronics firm boAt
By: Loknath DasInnoVen 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
By: Loknath DasThere 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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HOME & GARDEN July 17, 2019 Home & Garden TV Germany launches in HD at Vodafone
By: Loknath DasDiscovery Deutschland will launch an HD version of its new free-to-air TV channel Home & Garden TV (HGTV) on July 11, 2019. The first distribution partner is Vodafone Deutschland: All GigaTV customers can receive the HD service on the cable network on channel slot 92. With the move, the partners respond to the request of […]
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ELECTRONICS July 15, 2019 Central Electronics Limited Floats Tender for 50 MW of Solar Projects in Maharashtra
By: Loknath DasThe Central Electronics Limited (CEL), a public sector enterprise, has issued a tender for 50 MW of grid-tied solar PV projects ranging from 500 kW to 10 MW at various locations in the state of Maharashtra. The scope of work includes the design, engineering, supply, construction, erection, testing, installation, and commissioning, along with ten years […]
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ELECTRONICS July 14, 2019 Ex-employee forms gang, steals from electronics godown in Pune; arrested
By: Loknath DasThe crime branch of Pune police, on Wednesday, arrested a gang of six people for stealing electronic goods worth Rs 24 lakh from a godown in Budhwar peth. (PHOTO FOR REPRESENTATION PURPOSE ONLY) The crime branch of Pune police, on Wednesday, arrested a gang of six people for stealing electronic goods worth Rs 24 lakh […]