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Vijay Mansukani

Mirc Electronics to raise Rs 144 crore from marquee investors

Mirc Electronics Ltd, which owns the Onida brand, said its board has approved raising of equity investment of Rs 144.12 crore from marquee investors to meet its long-term working capital and corporate requirements. The board has approved issue of 1.92...

Onida to focus on mini metros, targets Rs 1,000 crore sales

Mini metros are going to be biggest contributor for the growth of LEDs and LCDs, air conditioners, refrigerators and other appliances for Onida. The company has reported revenues of Rs 748 crore in FY17 and is targeting to reach Rs...
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Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth

The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C...
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