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The overall market size of the top five categories of appliances and consumer electronics is Rs 76,400 crore in FY19 and the market is estimated to grow at compounded annual growth rate (CAGR) of 11.7 per cent till FY25.

Domestic value additions to go up to 54 per cent

The Consumer Electronics and Appliances Manufacturers Association (Ceama) finds that domestic value addition stood at 34...

23 Nov 2019 1:40 AM IST

In 2013, online channel used to contribute just 3 per cent to the consumer durable sales and this has multiplied manifold to 11 per cent in 2019. Going ahead, by 2023, the share is expected to touch 22 per cent.

Nearly a fourth of white goods sales seen going online by 2023

Online white goods purchases are seeing a faster-than-expected rise on high affordability of smartphones.

23 Nov 2019 1:37 AM IST

Hindustan Unilever Limited

Unilever, Henkel, Colgate eye Coty brands

Coty, which has a market value of $9 billion and is majority owned by German conglomerate JAB Holdings.

23 Nov 2019 1:31 AM IST

Dewan Housing Finance Corporation Ltd (DHFL)

Panel set up to help DHFL administrator

Rajiv Lall, Kannan, Venkatesh to advise IOB ex-chief.

23 Nov 2019 1:27 AM IST

McDonalds had over the last weekend carried advertisements in newspapers seeking to get traffic at its outlets. (Photo: Pixabay)

Food regulator slaps notice on McDonald-'s for disparaging advt

FSSAI slapped a showcause notice on Hard Castle and Connaught Plaza Restaurant Ltd.

22 Nov 2019 6:45 PM IST

On October 29, a senior official said there were good enough reasons to refer the DHFL matter to the SFIO.

RBI appoints 3-member advisory panel for DHFL

RBI superseded DHFL-'s board and placed company under an administrator in the wake of governance issues and severe...

22 Nov 2019 3:01 PM IST

Swiggy has created over 8,000 direct and indirect jobs in the restaurant industry through its cloud kitchen initiatives over the last two years.

Swiggy brings over 1000 access kitchens on board; invests Rs 250 crore

Swiggy becomes the first food delivery aggregator in India to set up over 1,000 cloud kitchens for its restaurant...

22 Nov 2019 11:36 AM IST

Sundaram Mutual Fund

Sundaram opens feeder FoF of Global Advantage Fund

The current asset under management of Sundaram Global Brand Fund is $11 million.

22 Nov 2019 12:58 AM IST

The month recorded 28 M&A deals worth $1.5 billion against 48 deals valued $2.8 billion in the corresponding period last year, found Grant Thorntons M&A Dealtracker. (Photo: Techcrunch)

Weak domestic sentiments pull down M&A deal value

October deal activity down by 45% in value terms and 40% in volume terms.

22 Nov 2019 12:55 AM IST

The average Finn needs to reduce emissions from about 10.4 tons of CO2 a year to about 2 tons, according to lifestyle carbon footprint research by D-mat Oy.

App to display carbon footprint in shopping bag

The home of Nokia and Angry Birds provides fertile ground for these kind of applications.

22 Nov 2019 12:50 AM IST

We will touch Rs 200 crore sales turnover this calendar year ending December 2019 despite slowdown challenges, PL Muthusekkar, Managing Director at Nord Drivesystems India told Financial Chronicle.

Germanyâ€™s Nord opens third plant

The company has an installed capacity to produce 42,000 geared motors per annum.

22 Nov 2019 12:47 AM IST

The hub employs over 1,900 software engineers and developers.

DBS Bank aims at 100 touchpoints in 25 cities in India in 1 year

Currently DBS has 70 touchpoints in the country.

21 Nov 2019 5:02 PM IST