Ravi Shankar Prasad to meet electronics makers to draw investment to India

    New Delhi: Union minister for information technology and electronics Ravi Shankar Prasad will meet leaders from smartphone and consumer electronics companies to draw out a roadmap to boost manufacturing in India and make the country an export hub. The day-long meeting on Monday will be attended by at least 50 corporate leaders, including chief executives of […]

    Smartphone makers, electronics companies to offer exta margins to retailers: Report

    Consumer electronics and smartphone makers will give retailers huge margins during the Diwali-Navratri season to boost sales, according to a report in The Economic Times. Top brands such as Samsung, LG, Sony, Panasonic and Xiaomi have increased the festive season trade margin this year, executives told the publication. Moneycontrol could not independently verify the story. Brands have passed on 4-6 […]

    German Consumer Electronics Brand Telefunken to Enter Indian TV Market

    New Delhi: German consumer electronics brand Telefunken will make a foray into the Indian market by this month as it introduces its range of LED TVs. Frankfurt-based Telefunken Licenses GmbH, which owns the trademark rights of the company, will enter India with a local partner. Telefunken is brought in India by Japan-based Toyoichi Tsusho Co, which […]

    Amazon to acquire 49% stake in Kishore Biyani’s Future Coupons

    Mumbai: 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 […]

    IFA 2019: What to expect from Europe’s largest consumer electronics show

    IFA 2019 kicks off September 6 in Berlin. Here’s what to expect from Europe’s largest consumer tech trade show. (Image credit: IFA Facebook page) IFA, or Internationale Funkausstellung, is Europe’s largest consumer trade show. Held annually in Germany’s capital city of Berlin, this year’s trade show will run from September 6 to September 11. The annual convention will […]

    Prasad to seek electronics industry’s views, meet manufacturers on August 19

    Heads of 46 companies, including Apple, HP, Dell, Samsung, Ericsson to attend roundtable Minister of Electronics and IT Ravi Shankar Prasad will meet with the chiefs of 46 companies involved in electronics manufacturing, including Apple, Samsung, Xiaomi Dell, HP, Lenovo, Ericsson, GE and Bosch, to understand their concerns and ensure a conducive policy environment for […]

    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 […]

    Home & Garden Pesticides Market to Set Remarkable Growth by 2025|Key Players: Lebanon Seaboard, Monsanto, Scotts Miracle-Gro, Spectrum Brands

    HTF MI released a new market study on Global (United States, European Union and China) Home & Garden Pesticides Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of […]

    U.S. electronics makers worry sales to Chinese firms could fall more

    U.S. chip and components manufacturers are nervous about the U.S. trade position with China because many Chinese companies buy and use many billions of dollars of U.S.-made electronics products every year. Simply put, U.S. chipmakers don’t want to lose the enormous Chinese market to sell chips into, analysts said in recent interviews. The lucrative Chinese market […]

    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 […]