m Navneet Education signs Prithvi Shaw as brand ambassador for Youva By retail.economictimes.indiatimes.com Published On :: 2018-12-04T16:09:13+05:30 Shaw will feature in a line of exclusive limited edition stationery, inspired by and with inputs from him. Full Article
m An inside view of India's pencil business and the four families that control it By retail.economictimes.indiatimes.com Published On :: 2019-01-29T15:41:39+05:30 Complicated manufacturing and investment needs may have a role in keeping new players out of the business. Full Article
m Expect stationery business to get back to double digit growth from Dec: ITC By retail.economictimes.indiatimes.com Published On :: 2019-08-26T07:59:24+05:30 The company had also brought the Classmate Pulse Selfie notebooks, allowing personalisation of notebooks with a selfie on the cover. Full Article
m Rotomac companies set to be shut now By retail.economictimes.indiatimes.com Published On :: 2018-03-10T07:48:17+05:30 Rotomac Exports and Rotomac Global, firms promoted by banking-fraud accused Vikram Kothari, will now be auctioned by the bankruptcy court. Full Article
m CBI gets one-day transit remand for Rotomac owner Vikram Kothari, son By retail.economictimes.indiatimes.com Published On :: 2018-02-24T09:13:46+05:30 The court allowed a day's transit remand for both the accused, who were arrested on Thursday for alleged default on loan repayment. Full Article
m Rotomac scam: How Vikram Kothari used virtual offices, round-tripping to dupe banks By retail.economictimes.indiatimes.com Published On :: 2018-02-20T15:35:08+05:30 Rotomac violated FEMA rules and worked for interest rate differential in local and foreign currency in the guise of trade without having any genuine business transactions. Full Article
m Rotomac loan default swells to Rs 3,695 crore, CBI files case against Vikram Kothari By retail.economictimes.indiatimes.com Published On :: 2018-02-19T17:41:09+05:30 Earlier, the loan default was estimated at over Rs 800 crore but scrutiny of documents by CBI revealed that the amount is much larger. Full Article
m Vikram Kothari, Rotomac promoter raided by CBI: Live Updates By retail.economictimes.indiatimes.com Published On :: 2018-02-19T11:25:44+05:30 After Rs 11,360 crore PNB scam , another ace businessman - Vikram Kothari from Kanpur -has been accused of defaulting on repayment of more than Rs 800 crore loans from five government banks Full Article
m Reader connect, eclectic collections help bookstores flourish in online times By retail.economictimes.indiatimes.com Published On :: 2019-09-23T12:49:07+05:30 Though the business is a precarious one, bookstores are here to stay as long as there are readers driven by a compulsion to read, say leading booksellers in the capital. Full Article
m With no counter sales or deliveries, bookstores turn to social media to engage customers By retail.economictimes.indiatimes.com Published On :: 2020-04-23T13:42:31+05:30 Readers have placed online orders and bookstores are keeping a track of each order and are hoping to cater to every such customer once the situation gets better. Full Article
m Boutique Living to be a Rs 500 cr brand in 5 years: Asim Dalal, MD, Indo Count By retail.economictimes.indiatimes.com Published On :: 2016-08-24T16:52:07+05:30 The Rs.13000 crore domestic bed linen market is expected to be more than Rs 19,000 cr market by 2021 and there is a scope for us to explore the domestic market at this point in time. Full Article
m Looking to double the number of retailers to 4K in two years: Rahul Gautam, MD, Sheela Foam By retail.economictimes.indiatimes.com Published On :: 2016-12-09T14:57:16+05:30 "We have 2,200 exclusive dealers or retailers and therefore what has worked well for us is this exclusive chain right from manufacturing to the consumer." Full Article
m Kohler sees India among its top 3 global markets By retail.economictimes.indiatimes.com Published On :: 2016-12-10T09:17:59+05:30 Kohler would enhance its sales network in the domestic markets by having presence in 200 towns in next three years and become a 1,000 store company in next five years. Full Article
m Bombay Dyeing draws strategy to revive retail business By retail.economictimes.indiatimes.com Published On :: 2017-01-04T08:10:22+05:30 The reinvention started more than a decade ago, soon after the company decided to exit textile manufacturing. Full Article
m Bombay Dyeing to infuse new life into retail arm By retail.economictimes.indiatimes.com Published On :: 2017-01-09T08:19:36+05:30 PwC, Microsoft, KPMG & EY to help business turn profitable by next fiscal. Full Article
m Parryware to supply bathroom products for Patanjali projects By retail.economictimes.indiatimes.com Published On :: 2017-03-02T13:58:57+05:30 As part of this association, "Parryware sanitaryware and faucets will be used for all Patanjali's upcoming projects across India," the company said in a statement. Full Article
m Jaquar Group takes over Euro Ceramics Ltd’s sanitaryware plant By retail.economictimes.indiatimes.com Published On :: 2017-04-25T16:21:08+05:30 The company will spend about Rs 90 cr to expand and modernise the plant spread over 17 acres this fiscal, he said. Full Article
m Lacasa store concept will grow our business 2 times by 2020: Manish Bhatia, HSIL By retail.economictimes.indiatimes.com Published On :: 2017-10-10T15:25:35+05:30 We will be investing approximately Rs 2-3 crore each in setting up 10 Lacasa stores covering around 40,000-50,000 sq. ft. area till 2020. Full Article
m Jaquar aims to make lighting Rs 1,000 cr business in 2-3 yrs By retail.economictimes.indiatimes.com Published On :: 2017-11-01T13:03:26+05:30 The capex for FY'18 is about Rs 300 crore to expand lighting and bathroom fitting plants Full Article
m HSIL eyes Rs 700 crore sales from consumer biz in 4-5 years By retail.economictimes.indiatimes.com Published On :: 2017-11-06T08:15:02+05:30 The company is present in built-in kitchen appliances and claims to be the number three brand in the country. Full Article
m Jaquar aims $1 bn turnover by 2022, to open 15 stores globally By retail.economictimes.indiatimes.com Published On :: 2017-12-04T07:55:58+05:30 The company, which aspires to be a global brand in the segment, is in the process of opening 15 exclusive brand showroom 'Jaquar world' across the globe. Full Article
m Kajaria Group ropes in Anushka Sharma to promote Kerovit brand By retail.economictimes.indiatimes.com Published On :: 2017-12-15T16:00:58+05:30 The Group has launched a marketing campaign including digital, outdoor, television and cinema to promote the brand, the company said in a statement. Full Article
m Ricoh India case: Sebi bans seven from mkt; orders forensic audit By retail.economictimes.indiatimes.com Published On :: 2018-02-13T15:18:40+05:30 Sebi shall also appoint an independent audit firm for conducting a detailed forensic audit of the books of accounts of Ricoh for the financial year 2012-13 onwards till date, the cost of which shall be borne by Ricoh. Full Article
m Bed Bath & Beyond shakes up board amid investor pressure, co-founders step down By retail.economictimes.indiatimes.com Published On :: 2019-04-23T08:08:56+05:30 Shares of the New Jersey-based home furnishing retailer fell about 3 percent in mid-day trade. Full Article
m The mystery in your mattress By retail.economictimes.indiatimes.com Published On :: 2019-05-19T10:14:55+05:30 The memory-foam bedding market is projected to be worth Rs 300 crore by next year. Full Article
m Wipro venture arm picks up stake in LetsShave By retail.economictimes.indiatimes.com Published On :: 2020-02-27T08:29:10+05:30 “We plan to rapidly expand our newly launched portfolio of Shower, Beard, Body & Electric trimmers to focus on becoming a one-stop grooming solution for men and women,” Sidharth Oberoi, CEO, LetsShave told ET. Full Article
m Govt Notifies Three Schemes worth ₹48kcr for Electronic Makers By retail.economictimes.indiatimes.com Published On :: 2020-04-02T08:17:01+05:30 According to the notification, companies that make phones priced at ₹15,000 and above and which make a cumulative investment of ₹1,000 crore over four years, starting with ₹250 crore in the first year, will qualify for an incentive of 6% for the first two years, followed by 5% for the next two and 4% in the fifth year.. Full Article
m Price hike by Chinese suppliers hits Indian companies By retail.economictimes.indiatimes.com Published On :: 2020-04-08T08:40:19+05:30 India imports 45% of completely built units of consumer durables from China and it also imports nearly 70% of the components for television, and other consumer durable products. The price increase by suppliers at a time when demand is drastically down has hit the sector hard, said the presentation by Ficci to the government. Full Article
m Consumer electronics industry sales may fall 50% in Q1 due to lockdown: Panasonic By retail.economictimes.indiatimes.com Published On :: 2020-04-09T14:05:51+05:30 Having suffered an unprecedented sales decline of 6-7 per cent in 2019-20, the industry will be up against challenges in both supply and demand sides due to the coronavirus pandemic, Panasonic India and South Asia President and CEO Manish Sharma said. Full Article
m Durables, electronic items to feature high on shoppers' list post lockdown: Croma By retail.economictimes.indiatimes.com Published On :: 2020-04-12T23:24:11+05:30 Products such as laptops, smartphones and printers have become crucial for those working from home, while household appliances like washing machines, ACs, TVs and vacuum cleaners are now more important than ever for households. Full Article
m Millions of mobile phones, thousands of appliances pile up for repairing amidst lockdown: Industry By retail.economictimes.indiatimes.com Published On :: 2020-04-15T15:49:27+05:30 There are another more than 30,000 microwave ovens, AC and washing machines which needs repair at a time when Indians are locked indoors and doing household chores themselves due to the lockdown. Full Article
m Appliances, electronics industry seek nod from local authorities to restart production By retail.economictimes.indiatimes.com Published On :: 2020-04-17T16:02:56+05:30 Individually, each brand is seeking more clarity and approval on the guidelines. The guidelines say that we would have to open in a phased manner. All brands are gearing up to open up, wherever, it will be permitted," CEAMA President Kamal Nandi said. Full Article
m Covid-19 fear: Electronics brands Samsung, Apple let offline stores sell online By retail.economictimes.indiatimes.com Published On :: 2020-04-18T08:33:38+05:30 Samsung has created an ecommerce platform in partnership with Benow.in along with mobile phone retailers across the country that will allow them to sell and deliver smartphones. Offline stores are also being used to fulfil orders placed on Samsung’s e-store for television and appliances. Full Article
m Lockdown to have huge impact on heavy appliances sector: Godrej By retail.economictimes.indiatimes.com Published On :: 2020-04-20T08:10:08+05:30 "The heavy appliances industry will be impacted by a significant loss of up to 60 per cent in March and almost 100 per cent in April. These two months put together contribute close to 25 per cent of the annual revenue," Godrej Appliances Business Head and EVP Kamal Nandi told. Full Article
m Top smartphone and electronic brands postpone production plans till lockdown ends By retail.economictimes.indiatimes.com Published On :: 2020-04-20T17:31:44+05:30 Several brands took the decision since both offline and online market is closed leading to piling up of inventory in their warehouses, and several of their plants falling in red zones or in states where permission has not yet been given. Some states like Tamil Nadu, Telangana and Karnataka have also decided to not provide any relaxation to industries till the lockdown ends. Full Article
m Ossify invests Rs 225 crore to acquire manufacturing facility for producing Compaq TVs By retail.economictimes.indiatimes.com Published On :: 2020-04-21T17:52:38+05:30 The company plans to make investments of around Rs 210 crore on infrastructure development of the facility over the next four years. Full Article
m Appliance, consumer electronics makers look at production resumption post lockdown By retail.economictimes.indiatimes.com Published On :: 2020-04-22T12:52:39+05:30 Companies like Panasonic India, Godrej Appliances, Dixon Technologies and Super Plastronics Pvt Ltd said with retail outlets shut there is no point to start production as there is existing unsold inventory of March at warehouses and dealers. Full Article
m Consumer durables Q4 earnings preview: Profits may fall up to 40% on erratic sales By retail.economictimes.indiatimes.com Published On :: 2020-04-28T17:02:30+05:30 Most consumer durables companies in India rely on imported components. Poor input supplies since January and later closure of factories, malls, shops and offices due to the lockdown hit consumer demand badly. Full Article
m Samsung Electronics expects Q2 profit fall as virus hits sales of smartphones, TVs By retail.economictimes.indiatimes.com Published On :: 2020-04-29T13:41:56+05:30 "Sales and profits of set products business, including smartphones and TVs, are expected to decline significantly as COVID-19 affects demand and leads to store and plant closures globally," Samsung said in a statement. Full Article
m Samsung, LG bet on pre-booking offers to woo customers amid extended lockdown By retail.economictimes.indiatimes.com Published On :: 2020-05-05T16:50:43+05:30 Both LG and Samsung have opened bookings for various products on their websites for limited periods and are offering gifts of up to Rs 10,000 on pre-bookings made during the lockdown period. LG has opened pre-bookings till May 15 and Samsung by May 8. Full Article
m Samsung heir apologises over corruption scandal By retail.economictimes.indiatimes.com Published On :: 2020-05-06T17:16:02+05:30 Lee Jae-yong is vice-chairman of Samsung Electronics and was jailed for five years in 2017 for bribery, embezzlement and other offences in connection with the scandal that brought down South Korean president Park Geun-hye. Full Article
m Durables cos helplines, videos come to rescue By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:45:18+05:30 Brands including Godrej, Panasonic, Samsung are now extending video consultations and helplines to serve a fraction of the complaints that can be solved over guided videos or calls. The brands are reaching out to customers through social media or through remote assist helplines. Full Article
m Sony cuts television prices up to 20% to spur demand during Covid-19 By retail.economictimes.indiatimes.com Published On :: 2020-05-08T13:51:08+05:30 The company has cut prices anywhere from Rs 2,000 on the smaller screen televisions going up to Rs two lakh on a flagship 85-inch model apart from rolling out long tenure no-cost EMI schemes and bundling offers. It has launched a new 85-inch model at Rs 5.9 lakh bringing down its earlier pricing structure of Rs 10 lakh in this screen size. Full Article
m Samsung donates Rs 2 crore to Tamil Nadu in fight against coronavirus By retail.economictimes.indiatimes.com Published On :: 2020-05-09T12:13:09+05:30 The company had recently contributed Rs 15 crore to PM CARES Fund. Full Article
m India among top suppliers of paper to UAE By retail.economictimes.indiatimes.com Published On :: 2013-08-21T11:15:40+05:30 Other markets account for approximately 27.9 per cent of Dubai's imports, a statement released here by organisers of Paper Arabia 2013. Full Article
m Stationery business on rise in Koramangala By retail.economictimes.indiatimes.com Published On :: 2013-09-02T11:47:15+05:30 The business of fine writing instruments is growing in tandem with other luxury segments in Koramangala and its surroundings. Full Article
m Cardboard box makers shut shop due to lack of regulation, input cost hike By retail.economictimes.indiatimes.com Published On :: 2014-03-24T22:25:56+05:30 About a fourth of the corrugated box makers in the country are in danger of shutting down over the next few months as they are unable to pass on cost pressures to their clients. Full Article
m Ashraf ElArman appointed Managing Director of Xerox India By retail.economictimes.indiatimes.com Published On :: 2015-07-02T17:27:49+05:30 Documentation solutions firm Xerox today announced the appointment of Ashraf ElArman as Managing Director of its Indian unit, effective June 22. Full Article
m Tolexo appoints Myntra executive Mayank Kamal as Head of Supply Chain By retail.economictimes.indiatimes.com Published On :: 2016-01-13T15:10:35+05:30 At Myntra, Kamal was heading different verticals including logistics, operations excellence and the training function, where he built the in-house logistics team and scaled it to include more than 3500 people, spread across 80 plus towns and delivering over 100,000 packets a day. Full Article
m Tolexo collaborates with Google to boost sales and bring down customer acquisition cost By retail.economictimes.indiatimes.com Published On :: 2016-05-05T12:05:42+05:30 With about a million products available on its website, Tolexo is among the largest B2B ecommerce sites in the country, serving 2.5 lakh businesses. Full Article