Videocon

Retail

Consumer appliances makers welcome import duty hike

Indiaretailing Bureau -
Consumer electronics and appliance makers have welcomed Government's decision to hike import duty on electronics items like smartphones and television, saying the move will boost domestic manufacturing industry and give a push to the Make in India initiative. According to...
Retail

Everstone to acquire Kenstar from Videocon

Indiaretailing Bureau -
Everstone Group, an Indian and Southeast Asian focussed private equity firm, said it will acquire the Kenstar home appliances brand and business from the Videocon Group’s Dhoot family. “The proposed sale, subject to statutory approvals and specific clearances, includes the...
Consumer Durables & IT

Pent-up GST demand expected to boost Diwali sales of consumer durables

IANS -
With Diwali around the corner, industry players are betting big on sales of consumer durables like 4K smart TVs and larger appliances like washing machines, which are expected to see a surge in sales this festive season compared to...
Retail

Crompton Greaves submits bid to acquire Kenstar from Videocon

Indiaretailing Bureau -
Electrical appliances maker Crompton Greaves Consumer Electricals Ltd on Friday said it has submitted a bid for the acquisition of home appliances brand Kenstar from debt-laden Videocon Group. According to a PTI report: The company submitted a bid on 20...
Retail

Videocon appoints Rajesh Rathi Business Head

Indiaretailing Bureau -
Consumer electronics firm Videocon has appointed Rajesh Rathi as Business Head. Rathi, who has been associated with Videocon for over eight years, was earlier national head and responsible for the group's consumer durable sales across India, the company said in...
Retail

Home appliances, durable makers increase prices under GST regime

Indiaretailing Bureau -
People planning to purchase white goods will have to shell out more money from Saturday as most appliances and durable makers have increased their prices in the new tax regime under GST. According to a PTI report: Durable makers would...
Retail

Run up to GST caused discomfort among trade partners: Durables industry

Indiaretailing Bureau -
Consumer durables makers say the run up to GST implementation has caused 'discomfort' among their trade partners who are busy clearing old stock to avoid losses before the new indirect tax regime kicks in next month. According to a PTI...
Retail

Will the e-commerce wagon gather speed putting the sluggish growth year behind?

Dr. D K Batra -
Going by short medium term trends, the Indian e-commerce wagon gathering speed seems to be the case and that too on an optimistic note. However, this may not remain the case in the long run if certain changes in...
Retail

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

Indiaretailing Bureau -
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...
Retail

Top 10 Indian consumer durable companies of 2016

Indiaretailing Bureau -
India is likely to emerge as the world’s largest middle class consumer market with an aggregated consumer spend of nearly US$ 13 trillion by 2030, as per a report by Deloitte titled 'India matters: Winning in Growth Markets'. The report further...
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Latest News

D2CAnagha R Ratna -

Menswear brand Snitch to enter offline market

Brand’s first offline flagship store is set to open on 4 July 2023 at Jayanagar, Bengaluru Bengaluru: Bengaluru-based men's online clothing...
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