Electrical Sector

77% employers likely used more apprentices in second half of 2022: Report

Moreover, the trend to hire apprentices has seen a growth in Tier II and Tier III non- metro cities as well

DCX Systems soars 48% on debut, shares worth Rs 1,090 crore change hands

Strong debut follows huge response to IPO, which was oversubscribed nearly 70 times

Crompton Greaves plans to raise up to Rs 925 cr via debt securities

The board is scheduled to meet on Monday, June 13, 2022, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing

Luminous aims Rs 6,000-cr turnover by FY25, to invest Rs 500 cr in 3 yrs

Luminous Power aims to achieve a target of Rs 6,000 crore turnover in the next five years, helped by its solar and the home electrical businesses, said a top company official

Inventory inching up relative to sales across sectors, FMCG less affected

Festive season, supply chain issues may have been contributing factors leading to higher inventory

Electric equipment sector seeks govt's intervention for relief against dues

IEEMA is the representative body for the industry

Seasonal demand uptick critical for consumer electrical firms

Players with a diversified portfolio such as Havells are better placed compared to pure AC players given near term uncertainties

Alfanar buys Crompton Greaves' automation biz for Rs 880 crore

B2B automation business has been on the block since the sale of CG's international power business materialised in March this year