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Import curbs on laptops, tablet will boost local manufacturing: Industry players

The government imposed import restrictions on laptops, tablets and certain types of computers with immediate effect for security reasons and to promote domestic manufacturingNew Delhi: The government's decision to impose import restrictions on laptops, tablets and certain types of...

Toshiba announces US $8.7 bn net loss in 2016

Japanese tech giant Toshiba incurred a net loss of 965.6 billion yen (US $8.7 billion) in the 2016 fiscal year, according to its financial results released on Thursday. The company released its financial results for the previous fiscal year, which...

Toshiba confirms resignation of its president

The president of the Japanese tech giant Toshiba tendered his resignation on Tuesday following the multi-million dollar losses linked to its failing nuclear power unit in the US. The decision by Shigenori Shiga will take effect on Wednesday, and was...

Humanoid Robot Welcomes Shoppers at Tokyo Department Store

In a keyhole view of what the future looks like, Japan's oldest department store chain Mitsukoshi, "hired" a humanoid robot, ChihiraAico, for the first time. "She" is a receptionist at the store, dressed in traditional kimono and welcoming customers...

Consumer durables retailer Great Eastern opens 22nd outlet in Kolkata

Great Eastern Trading Company, a consumer durables retailer, has opened its 22nd outlet in Kolkata at Baguihati. Spread over 5,000 sq.ft., the new store stocks brands such as Sony, Samsung, LG, Phillips, Toshiba, HP, Compaq, HCL, Whirlpool, Godrej and...

Toshiba opens two more outlets in Bangalore

Toshiba India has added two more retail outlets in Bangalore. The company already has two 'shopToshiba' outlets in the Silicon Valley of India."Bangalore is an extremely important market for our retail business in India. Through our shopToshiba outlets we...

More ‘Digilife’s from HCL

HCL Digilife, the electronics retail format from HCL, has planned to expand the number of its stores to around 120 from the existing 70 outlets in the country. The company will also open similar stores in tier II and...

Toshiba ties up with ModusLink for supply-chain solutions in Europe

In an effort to manage its growing European supply chain for a variety of storage products, Toshiba Electronics Europe has signed a multi year deal with ModusLink Corporation, a subsidiary of CMGI.ModusLink is slated to deliver a wide range...

RPG Cellucom plans 500 outlets — opened 4 in Kolkata

RPG Cellucom India Pvt. Ltd has chalked out plans to open 500 retail outlets across the country and 25 in West Bengal alone, by end of 2008. Sanjiv Goenka, vice-chairman, RPG, confirmed these plans while announcing the launch of...

Japanese consumer electronics companies to raise wages

Japan's economy has expanded 5.5 per cent in the fourth quarter, the fastest in three years, as surging exports prompted companies to boost spending. This increase in earnings and a little persuasion from labour unions has made the major...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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