Archives
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ELECTRONICS 
June 2, 2020 India unveils Rs 50,000 crore schemes to attract electronics makers
NEW DELHI: Union Minister Ravi Shankar Prasad, on Tuesday, unveiled the guidelines for electronics manufacturing schemes with an aim to strengthen domestic manufacturing of five global and five Indian mobile phone makers. The three Schemes namely, the Production-Linked Incentive Scheme (PLI), Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) and Modified Electronics […]
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ELECTRONICS 
February 4, 2020 Coming Soon: A Rs 45,000 crore fund to push electronics manufacturing
New Delhi: The Centre is readying a Rs 45,000-crore fund in an aggressive push to ensure big firms such as Apple, Samsung, Huawei, Oppo and Vivo, besides contract manufacturers like Foxconn and Wistron, bring their global supply chains to India and make the country an electronics manufacturing hub in the next five years. “An inter-ministerial note (on this) has been […]
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COMPUTERS 
February 2, 2020 Fire guts computers, documents at IOB branch in Kerala, losses pegged at Rs 50 lakh
THIRUVANANTHAPURAM: A major fire broke out at the Indian Overseas Bank branch located at Ulloor here on Saturday morning, triggering panic among local shop owners and residents. The fire gutted many important files, electronic equipment, computers and wooden furniture in the office. No casualties have been reported as the branch had declared a holiday due to a […]
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ELECTRONICS 
November 6, 2019 Buy Bharat Electronics, target Rs 116: Kunal Bothra
Independent Analyst Kunal Bothra Ihas a buy call on Bharat Electronics Ltd.NSE -2.84 % with a target price of Rs 116. The current market price of Bharat Electronics Ltd. is Rs 112.5. Time period given by the analyst is Intra Day when Bharat Electronics Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs […]
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ELECTRONICS 
October 11, 2019 Bharat Electronics Q2 PAT seen up 1.3% YoY to Rs. 578.5 cr: ICICI Direct
ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Capital Goods & Power sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 578.5 crore up 1.3% year-on-year (up 182.6% quarter-on-quarter). Net Sales are expected to increase by 5.7 percent Y-o-Y (up 70.1 percent Q-o-Q) to Rs. 3,573.9 crore, according to […]
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ELECTRONICS 
September 17, 2019 Buy Bharat Electronics; target of Rs 140: Sharekhan
Bags Akash Missile System order worth Rs. 5,357 crore from MoD, GoI, to be delivered in three years. Cumulative order intake for FY2020 till date increases to Rs. 7,342 crore, but it is lower by around 50% against H1FY2019 (owing to LRSAM order intake of Rs. 9,200 crore in Q2FY2019). Robust order book of Rs. […]
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ELECTRONICS 
August 27, 2019 Niti Aayog, Electronics Ministry spar over Rs 7,000-crore AI mission
The government’s premier think tank Niti Aayog and the ministry of electronics and IT (MeitY) are sparring over the creation of an artificial intelligence mission, people familiar with the development told ET. In an inter-ministerial meeting held earlier this month, MeitY officials verbally raised concerns over the many “overlaps” between Niti Aayog’s 7,000-crore AI road map, and […]
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ELECTRONICS 
July 21, 2019 Bharat Electronics Q1 PAT seen up 27.5% YoY to Rs. 229.1 cr: Kotak
Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goodssector. The brokerage house expects Bharat Electronics to report net profit at Rs. 229.1 crore, up 27.5% year-on-year (down 65.7% quarter-on-quarter). Net Sales are expected to increase by 13.5 percent Y-o-Y (down 38.6 percent Q-o-Q) to Rs. 2,385.9 crore, according to Kotak. Earnings before […]
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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 
June 28, 2019 Buy Bharat Electronics; target of Rs 135: ICICI Direct
Bharat Electronics reported yet another stellar quarter, continuing its legacy of guiding lower and delivering higher. For the quarter, the company reported revenues of Rs 3885 crore, up 7.7% YoY. EBITDA grew 16.7% YoY. EBITDA margins came in strong at 23.9% vs. 22.1% YoY due to gross margin expansion of 630 bps YoY. Higher gross […]
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ELECTRONICS 
June 22, 2019 Buy Bharat Electronics, target Rs 116: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Bharat Electronics with a target price of Rs 116. The current market price of Bharat Electronics is Rs 110.55. Time period given by analyst is Intra Day when Bharat Electronics price can reach the defined target. Kunal Bothra recommended to keep the stop loss at Rs 107. Bharat […]
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ELECTRONICS 
May 28, 2019 Initiative retains Sony Electronics media duties worth Rs 200 crore
Initiative has retained media duties for Sony Electronics. The size of the account is estimated to be around Rs 200 crore. Industry sources confirmed to exchange4media that following a multi-agency pitch, Initiative retained the integrated media mandate of Sony Electronics India. exchange4media reached out to Initiative and Sony for an official confirmation but did not […]
