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Micromax forays into refrigerator, washing machine segments

Home grown firm Micromax, which is aiming to be a complete consumer electronics maker, has entered into refrigerator and washing machine segments and expects Rs 2,000 crore revenue from new categories, said a top company official.According to a PTI...

Micromax forays into air cooler category

Consumer electronics maker Micromax has announced its foray into the air cooler category with products priced between Rs 5,990-16,990.According to a PTI report: Micromax will have a full-fledged range of room air coolers including personal, tower, desert and window,...

Xiaomi, Samsung now rule half of Indian smartphone market

Samsung and Xiaomi together contributed to almost 45 per cent of the smartphone market in India in the third quarter of this year as the market grew 37 per cent (quarter on quarter) and 18 per cent (year on...

Budget 2017: FMCG players expect the Govt to enhance rural spending, rip taxes

Government's move to enhance rural spending through welfare schemes like MGNREGA and reduction in tax rate on basic income slab would help drive demand for products, say leading FMCG firms. PTI quoted Managing Director, Godrej Consumer Products Ltd (GCPL), Vivek...

Display innovations to drive customer satisfaction in 2017: Lenovo

With numerous innovations being infused into the world of personal computers, display innovations will be a key feature that will drive customer satisfaction in 2017, leading tech company Lenovo predicted on Monday. "The upcoming year will also see an abundance...

Demonetization: Micromax experiences 25-30 pc slump in sales

Country's third largest handset maker Micromax said consumer sales have taken a 25-30 per cent hit following demonetization. According to a PTI report: Besides suffering sales online, the company said its supply chain was dented and there was a 15-18...

We’ll touch Rs 100 cr-mark in Indian mobile accessories market by 2017: Intex

The Indian mobile accessories market is set to explode owing to the exponential smartphone sales growth and domestic phone maker Intex aims to touch the Rs 100 crore mark in this segment by March 2017 while gearing up to...

Micromax launches new LED TVs

Targeting consumers in the urban centres, who are willing to upgrade to an integrated smarter home entertainment experience, Micromax has announced the launch of its first Smart LED TV range - Micromax Canvas Smart LED TV. The Smart Television range...

Flipkart rejigs tech leadership team, gets Ashish Agrawal on-board

E-commerce major Flipkart has hired Micromax CTO and former Amazon exec Ashish Agrawal as senior vice-president (SVP) of engineering as the company revamps its tech leadership team yet again, reports Mint. Agrawal is joining Flipkart this month and will be...

Micromax sees 20 pc revenue from consumer durables by Dec 2017

After televisions, tech firm Micromax is now foraying into the air-conditioner category and expects the consumer durables vertical to contribute 20 per cent to its revenues by December 2017. According to a PTI report: The city-based firm, which gets a...
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