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New Delhi [India], April 9 (ANI): The consumer durable industry is navigating a challenging period where top-line growth is likely to be offset by thinning margins and regulatory shifts. Q4FY26 is expected to be a soft quarter for the sector, due to modest demand and rising input costs, noted a report by Centrum. The report estimated that the sector will see a 9 per cent year-on-year sales growth, reaching Rs 480 billion for the quarter. "For Q4FY26, we expect our coverage universe to see 9% Yo ...Read More >
The Chief Minister's Breakfast Scheme will be expanded up to Class 8. Calling the Dravida Munnetra Kazhagam's (DMK) manifesto for the 2026 Tamil Nadu Assembly elections a "superstar," Chief Minister and party president MK Stalin on Sunday announced a slew of welfare measures with a focus on women, families, youth, and farmers. Addressing the manifesto unveiling event in Chennai, Stalin said, "DMK election manifesto has always been a 'hero,' but this time, it is a 'superstar'," highlighting tha ...Read More >
CHENNAI: Calling the DMK manifesto that was released on Sunday as the 'superstar that has entered the electoral area', the party president and Chief Minister M K Stalin said that it was an all-rounder that gave promises to women, students, youth, farmers, fisher folk, weavers, differently-abled, minorities and others. In his message on X, Stalin said on Monday that the manifesto was a "game-changing" plan for the State as it listed six steps towards progress with four for youth and two for farm ...Read More >
Flexibility: Unlike previous "freebie" models where the government distributed specific items, this scheme allows women to purchase or replace appliances of their choice, such as refrigerators, washing machines, microwaves, or induction stoves from local shops. Strategic Aim: This move is seen as a direct effort to consolidate the women's vote bank, especially with the political entry of actor Vijay and competing promises from the AIADMK. Major Welfare And Financial Pledges The DMK has propos ...Read More >
COIMBATORE- Samsung, India's largest consumer electronics brand, today unveiled a renewed strategic vision -- #PoweringInnovationforIndia -- that places people-centric innovation, Indian talent, and India-led product development at the heart of its next phase of growth in the country. Marking 30 years of operations in India, Samsung's new vision reinforces its commitment as a long-standing partner in India's digital transformation, Make-in-India manufacturing ambitions, and innovation-driven ec ...Read More >
Dowry is illegal and openly criticised, but that doesn't mean it has vanished from society. It has only changed its form. Today, it rarely shows up as an outright demand. Instead, it quietly enters weddings as "gifts," dressed up to suit modern, educated sensibilities. During matrimonial discussions, families often say, almost proudly, "We don't believe in dowry. We have no demands at all." And then comes the line that changes everything: "Of course, you can give whatever you want to your daugh ...Read More >
Bareilly: "I don't want to marry these dowry-greedy people," a young woman in full bridal attire is heard saying in a video that is now being circulated widely on social media. The woman set an example for others by calling off her wedding on Friday evening, even as the rituals were on, after the groom demanded a car and Rs 20 lakh in cash. The police were called in and the groom and two of his relatives were taken into custody, Bhaskar English has reported. The bride's family alleged that th ...Read More >
Mumbai: LG Electronics India Ltd, the wholly owned subsidiary of LG Electronics Inc., is preparing to tap the public markets even as it sharpens its focus on meeting domestic demand, building India as a global export hub, and expanding its portfolio of premium products. LG Electronics Inc. will raise ₹11,607 crore by selling 101.8 million shares through an offer for sale (OFS). The initial public offering (IPO), scheduled for 7-9 October, will see the South Korean parent firm sell about 15% of ...Read More >
New Delhi, Oct 1 (PTI) LG Electronics India Ltd, the Indian arm of South Korea's LG conglomerate, on Wednesday announced that its much-awaited Rs 11,607 crore initial public offering (IPO) will open for subscription on October 7, giving the valuation of around Rs 77,400 crore (USD 8.7 billion) The company's maiden public offering will be available for subscription until October 9 in the price range of Rs 1,080-1,140 per share. The bidding for anchor investors is scheduled for October 6, the comp ...Read More >
New Delhi: LG Electronics India Ltd, the Indian arm of South Korea's LG conglomerate, on Wednesday set the price band at Rs 1,080-1,140 per share for its much-awaited Rs 11,607 crore initial public offering (IPO).At the upper end, the company is valued at around Rs 77,400 crore.The IPO will open for subscription on October 7 and close on October 9, with anchor investor bidding scheduled for October 6, the company said in a public announcement. This will be the second South Korean company to tap ...Read More >
New Delhi, Sep 30: LG Electronics India Ltd, the local subsidiary of South Korean conglomerate LG, is preparing to launch its Initial Public Offering (IPO) on October 7. The share sale will remain open for subscription until October 9, while the bidding for anchor investors will open on October 6, the company said in its Red Herring Prospectus (RHP) filed on Tuesday. Second South Korean firm to list after Hyundai Motors India This will be the second South Korean company to tap the Indian stoc ...Read More >
New Delhi, Sep 30 (PTI) LG Electronics India Ltd, the local subsidiary of South Korean conglomerate LG, is preparing to launch its Initial Public Offering (IPO) on October 7. The share sale will remain open for subscription until October 9, while the bidding for anchor investors will open on October 6, the company said in its Red Herring Prospectus (RHP) filed on Tuesday. This will be the second South Korean company to tap the Indian stock market following the listing of Hyundai Motors India L ...Read More >
PG Electroplast (PGEL) shares price will remain in focus on September 29 after its subsidiary PG Technoplast acquired a 50-acre land parcel in Sri City, Andhra Pradesh. PGEL plans to invest around Rs 1,000 crore in developing state-of-the-art integrated manufacturing campus over the next 5 years. The first phase will focus on a refrigerator plant with an annual capacity of 1.2 million units, with commercial production expected by December 2026, company said. The site is also being designed to ...Read More >
A sweeping premiumisation trend this festive season is benefiting manufacturers of products such as smartphones, refrigerators, laptops, washing machines, and electric vehicles (EVs) despite their goods and services (GST) tax rates staying unchanged. Companies are attributing this to an improvement in overall consumer sentiments due to income tax slab revisions announced in this year's budget and the positive effects of GST rate cuts on several other consumer goods such as petrol and diesel car ...Read More >
New Delhi [India], September 26: Durga Puja is more than just a festival, it is an emotion and a celebration of homecoming, togetherness, and new beginnings. As families prepare for Pujo 2025 with pandal hopping, festive feasts, and traditional rituals, it is also the perfect time to upgrade your home. Be it hosting loved ones or managing the festive hustle, having a new washing machine by your side can truly lighten the load and make life easier. This Durga Puja, Bajaj Finserv brings you the b ...Read More >
Driven by a young and tech-savvy population, India is rapidly embracing IoT-based connected devices, with adoption rates soaring by an estimated 30%. Samsung India highlights this surge, noting India's strong position globally in smart system adoption, contributing significantly to innovations like the 'AI Home' concept through its extensive R&D presence in the country. India is experiencing a rapid uptake of IoT-based connected devices with adoption levels rising at an estimated 30 per cent fo ...Read More >
Hyderabad, July 18 (SocialNews.XYZ) Telangana Chief Minister A. Revanth Reddy on Friday urged his Andhra Pradesh counterpart, N. Chandrababu Naidu, not to obstruct Telangana's irrigation projects He appealed to the neighbouring state not to obstruct Telangana's crucial irrigation initiatives, including the Palamuru-Rangareddy Lift Irrigation Scheme, as well as the Dindi, Kalwakurthy, Bheema, Nettempadu, and Koilsagar projects. "We demand Andhra Pradesh not to block our projects. We seek cooper ...Read More >
MUMBAI: Reliance Retail has acquired home appliances brand Kelvinator for India from Sweden's Electrolux as it looks to expand market share in the consumer durables space, stepping up competition against global and local giants such as Samsung and Tata's Voltas in the market.Reliance Retail has already been holding manufacturing and distribution rights for the brand in India since 2019 through a licensing deal signed with its Swedish owner. The company did not disclose the financial specifics of ...Read More >
NEW DELHI: A Rs 59.4-lakh tender for renovation work at the official residence of Chief Minister Rekha Gupta has been cancelled due to "administrative reasons", the Public Works Department informed the government on Monday. The notification came just three days after the scheduled opening of the bids. The tender reportedly included extensive electrical work, with plans to install 14 air conditioners worth over Rs 7.7 lakh, light fittings worth Rs 6 lakh, TVs valued at Rs 9 lakh, six geysers cos ...Read More >
Bengaluru: Police have arrested three persons on charges of gang raping a 35-year-old woman and then looting money and valuables from her here on Monday. The matter came to light after the survivor, who works at a private company, lodged a complaint at Parappana Agrahara police station on Tuesday. Based on the complaint, police registered a case, launched an investigation and arrested the three accused identified as Raghu, Kenchegowda and Madesh. All three are residents of Hebbagodi area, polic ...Read More >
Bengaluru, Jul 9 (PTI) A 35-year-old woman was allegedly gangraped and extorted by two men at her friend's house here, police said on Wednesday. Four men have been arrested in connection with the incident that occurred on July 7 under the jurisdiction of Parappana Agrahara Police Station. According to the police, in her complaint, the woman, who is a beautician, has alleged that two men forcibly entered her friend's house and raped her. Following the assault, they allegedly demanded money and ...Read More >
New Delhi: A tender for Delhi Chief Minister Rekha Gupta's bungalow has been cancelled. According to reports, the Public Works Department (PWD) scrapped the Rs 60 lakh tender citing 'administrative reasons'. The tender, scheduled to open on July 4, was intended for electrical work at the Chief Minister's bungalow, including installation of 14 air conditioners, Rs 9 lakh television, Rs 6 lakh worth of lighting, and various other fixtures. The renovation work at the Delhi Chief Minister's offici ...Read More >
New Delhi [India], July 2 (ANI): The Public Works Department (PWD) issued a tender worth Rs 60 lakh for the renovation of Delhi Chief Minister Rekha Gupta's official residence. The renovation work is focused on Bungalow Number 1, where the Chief Minister will be residing. A second bungalow, Bungalow Number 2, has also been allotted to her, which will be used as a camp office. According to the tender, the renovation is mainly related to electrical and interior fittings. The bungalow will be equ ...Read More >
New Delhi, Jul 2 (PTI) The Public Works Department (PWD) will carry out upgradation work worth over Rs 59.40 lakh at Bungalow Number 1, Raj Niwas Marg, which has been allotted to Delhi Chief Minister Rekha Gupta, according to an order. The work will be taken up to fix electrical and civil work, and will involve the installation of 14 split air conditioners worth Rs 7.7 lakh, five LED TVs worth Rs 9.9 lakh, and 23 ceiling fans with a remote control costing Rs 1.8 lakh. Fourteen CCTV cameras wor ...Read More >
Hyderabad: Two-time world champion Nikhat Zareen opened her campaign with a clinical 4:1 win over Uttar Pradesh's Rashi Sharma in the 48-51kg category on the opening day of the the Elite Women's Boxing Tournament here on Saturday. Haryana's Anjali scored an upset win over World Championships bronze medallist Manisha Moun in the 57-60 kg category at the Hyderabad's Saroornagar Indoor Stadium. Other notable Day 1 results included a win for 2023 world champion Nitu (Haryana) in 45-48kg over Rajan ...Read More >
New Delhi, Jun 28 (PTI) Panasonic is exiting from the refrigerator and washing machine segments in India, as part of global restructuring of business by the Japanese appliances and consumer electronics major. Both the refrigerator and washing machine segments were a loss-making businesses for Panasonic in India, where it was struggling to make a space in the market. Also Read | Bodoland Lottery Result Today, June 28, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check ...Read More >
New Delhi, Jun 28 (PTI) Panasonic is exiting from the refrigerator and washing machine segments in India, as part of global restructuring of business by the Japanese appliances and consumer electronics major. Both the refrigerator and washing machine segments were a loss-making businesses for Panasonic in India, where it was struggling to make a space in the market. According to GFK numbers, Panasonic has a very low market share in both refrigerators and washing machine segments. In washing m ...Read More >
New Delhi, Jun 28 (PTI) A 20-year-old man has been stabbed to death following a scuffle over his scooter brushing past one of the accused in the Geeta Colony area here leading to the arrest of three persons, an official said on Saturday. Yash, a resident of Rani Garden, was declared dead at a hospital in Laxmi Nagar around 9.41 pm on Friday, police said, adding those arrested have been identified as Rihan, Md Amaan and Lucky. Also Read | Is June 28 Bank Holiday? Will Banks Remain Open or Close ...Read More >
New Delhi: One of India's biggest sales, Amazon's Prime Day sale is set to begin on July 12 and will continue till July 14. This will give shoppers in India three full days of exclusive deals and offers. Usually held as a two-day event every July, this is the first time Indian Prime members will get 72 hours of continuous discounts, new launches, and entertainment. The extended sale aims to offer more time and variety for customers to grab the best deals across categories. For the first time ev ...Read More >
New Delhi, June 27: Panasonic layoffs are expected in India as the company restructures its operations to exit from certain product segments. Panasonic is reportedly planning a major shift in its India strategy and is likely to exit the refrigerator and washing machine segments. The development hints at the downsizing of the company's consumer electronics business in the country. The Panasonic job cuts in India may affect employees linked to the company's business related to the refrigerator an ...Read More >
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