Mission

The loss-making business, a subsidiary of listed Forbes & Co, will be spun out through a National Company Law Tribunal approved demerger processs and then be listed separately

The makers such as Panasonic, LG, Haier, Godrej Appliances and Lloyds are expecting a pent-up demand and good growth in premium products across categories like large-screen TVs, front-load washing machines, and bigger capacity refrigerators.

The board of the company in a meeting held on Saturday approved plans to augment towel manufacturing capacity at its Anjar, Kutch (Gujarat)-based plant to 1,02,000 metric tonnes per annum (MTPA) from the existing 85,400 MTPA.

Woodland, which closed around 40 stores since the pandemic broke out, is now considering adding new stores in its sales network as the company expects customers walking back to physical stores as the vaccination paces up.

"We request the government to give encouragement to electrical equipment manufacturers sector to achieve energy efficiency and climate change targets by providing necessary incentives for exports as well funds for research and development in the sector," the IEEMA President said.

“It was decided in the meeting to completely relook at the provisions of the Act and to remove the provisions which are restrictive and regulatory in nature so as to bring-out a simple Act that suits to the present needs of the coffee sector and ...

Redington, a supply chain solutions provider, said, powered by the A15 bionic chip, the latest range of iPhone 13 Pro and 13 Pro Max would be available in the 3,500 retail locations in various colours.

In the spot market, highest purity gold was sold at Rs 46,657 per 10 gram while silver was priced at Rs 62,258 per kg on Wednesday, according to the Indian Bullion and Jewellers Association.

CDEL, helmed by chairman SV Ranganath and chief executive Malavika Hegde, is currently focusing only on the core coffee business in view of its growth potential. Footfalls at cafés are picking up, giving the beleaguered managers a shot of confidence, company insiders said.

Mumbai (Maharashtra) [India], September 2 (ANI/NewsVoir): Bajaj Group has appointed Neeraj Jha as Group President & Chief Communications Officer with effect from September 1, 2021. He will report to Kushagra Bajaj, Chairman, Bajaj Group and will be based at the Group's Head Quarters at Bajaj ...

Mumbai (Maharashtra) [India], September 2 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on private sector lender Axis Bank for non-compliance with certain provisions of Know Your Customer (KYC) norms.

Singapore, September 1 (ANI): Bharti Airtel Ltd's planned USD2.8 billion equity issuance will improve its funds from operations (FFO) net leverage to around 2x and provide funds to strengthen its market position, according to Fitch Ratings.

New Delhi [India], August 31 (ANI/PNN): Rajiv Gandhi Global Foundation has honoured Congress leader, All India Congress Committee member and social activist Niket Sunilbhai Patel with the "Rajiv Gandhi Global Excellence" award for his social service.

New Delhi [India], August 31 (ANI/SRV Media): India, 31st August 2021: Zee Entertainment Enterprises Ltd. presents India Diversity Job Fair 2021 (IDJF2021), a mega diversity job fair aimed at boosting corporate India's diversity hiring successfully concluded on the 28th of August.

Bengaluru (Karnataka) [India], Aug 23 (ANI): The board of directors at Arvind Fashions Ltd has approved preferential allotment of equity shares aggregating to Rs 439 crore to various marquee investors including promoters at a price of Rs 218.50.

Mumbai (Maharashtra) [India], Aug 21 (ANI): Ambuja Cements Ltd on Saturday started trial run at a greenfield integrated plant in Nagaur district of Rajasthan.

Singapore, Aug 19 (ANI): Emerging southeast Asian economies are facing intense headwinds from persistent Covid-19 pandemic waves, S&P Global Ratings said on Thursday, adding that private consumption and services will be hit hardest.

Pune (Maharashtra) [India], August 19 (ANI/PNN): Every Indian home is undergoing a lot of change due to the growing availability of new and innovative amenities and gadgets.

Mumbai (Maharashtra) [India], August 19 (ANI/PNN): Queens Lift, the country's first premium skincare product, is proud to introduce Actress Gauahar Khan as its brand ambassador.