Page 3 - Home Appliances

TV makers jump on PLI bandwagon as more AC companies evince interest

Apart from offering inducement to any incremental production over the next five years, the scheme has the potential to transform the manufacturing landscape in the country

Stove Kraft IPO subscribed 18 times despite secondary market sell-off

Institutional portion garners 8x, HNI subscribed 33 times, while retail quota saw 26x subscription

Kitchen appliances firm Stove Kraft's IPO subscribed 3x, closes tomorrow

The company is looking to raise Rs 95 crore through the IPO. The issue also comprises of secondary share sale worth Rs 318 crore

Stove Kraft mobilises over Rs 185 cr from anchor investors ahead of IPO

Stove Kraft is a manufacturer of kitchen appliances

LG sees record fourth quarter earnings on solid home appliance sales

LG Electronics on Friday forecast robust fourth-quarter earnings as sales from its mainstay home appliances apparently remained solid

Cool ride for Whirlpool's investors on healthy pick-up in demand

Healthy demand improves earnings visibility; shares scale to all-time high and post the highest daily gain since March

Durables makers end 2020 at record low, sales down 30% amid Covid-19

While the countrywide lockdown between late March and May wiped out sales for three months, falling demand after Diwali has been a crippling factor

Hitachi to sell overseas home appliance biz to Turkey's Arcelik: Report

The Japanese industrial conglomerate aims to improve profit via the deal with the Turkish company, says Nikkei.

Diwali cheer for auto, durable makers as need for convenience drives sales

While retailers, manufacturers said that sales growth has been in double-digits for home and kitchen appliances during the Diwali period this year, car dealers say some models have stocked out

Voltas impresses street, scores over peers with strong show in Sep quarter

Better than expected performance, market share gains in room ACs improve earnings outlook

Rush for premium appliances fires up festival shopping despite downturn

Industry leaders are hoping that the extraordinary festival demand for premium products would translate into a sharp rebound that stays on

Cost controls power Orient Electric's six-fold jump in quarterly profit

The electrical appliances maker posted a net profit of about Rs 32 crore, while expenses fell nearly 9 per cent

Appliance sales up 30% in festive season; e-commerce contribution rises

Appliances and consumer electronics companies have reported high double-digit growth in sales during this Navratri season

Only 25% aware of energy efficient appliances in India, shows data

The report also pointed out shortcomings in the awareness programmes organised by the Bureau of Energy Efficiency

Festival boost: Home appliance makers look to regain some lost ground

CG Consumer among top picks because of increased demand for home and kitchen gadgets; Voltas preferred among AC makers

Samsung eyes opportunity as pandemic ignites demand for home appliances

In particular, consumers have been willing to splurge on products that make their homes cleaner

Appliances, apparel push US retail sales up 1.2%; but slowdown likely

Sales at retail stores and restaurants have now risen for three straight months, after plunges in March and April, when the pandemic shuttered businesses and paralysed the economy

The new essentials: A peek at best-selling vacuum cleaners and dishwashers

It is no wonder that gadgets that can help ease the pressure are in hot demand

Spruce up your castle as you stay home-bound in the times of Covid-19

Spend on home improvement as the lockdown forces you to stay indoors; Here are some devices and gadgets that help achieve both better quality of life and self-sufficiency

Home appliances remain immune to Covid, lockdown relaxation boosts demand

28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey