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Budget 2014: Consumer durables makers seek cut in duties

Last Updated: Tuesday, June 10, 2014, 19:14

Ahead of the annual budget to be announced next month, the Consumer Electronics and Manufacturing Association (CEAMA) has asked the government to take steps such as reduction in customs and excise duties on consumer durable products and rapid implementation of GST.

Consumer durables makers expect good sales this summer

Last Updated: Monday, June 09, 2014, 17:03

Japanese consumer giant Sony is expecting its television sales to "at least double" this year on the back of FIFA World Cup.

Videocon appoints Sanjeev Bakshi as COO

Last Updated: Tuesday, March 25, 2014, 16:10

Homegrown consumer durables company Videocon on Tuesday announced the appointment of Sanjeev Bakshi as its Chief Operations Officer.

Intex to expand consumer durables range; eyes Rs 2000 cr sales

Last Updated: Tuesday, November 05, 2013, 14:31

The company had reported a turnover of Rs 1,069 crore in the last financial year.

BSE Sensex fails to maintain initial gains, turns negative

Last Updated: Monday, October 21, 2013, 13:42

Similarly, the 50-share NSE benchmark Nifty moved lower by 7.70 points, to 6,182.

Corporation Bank cuts lending rates on home, auto loans

Last Updated: Friday, October 11, 2013, 19:51

State-owned Corporation Bank on Friday reduced interest rates on home, auto and consumer durables loans by up to 1.75 percent to cash in on the festival season demand.

SBI slashes interest rates on car, consumer goods loans

Last Updated: Wednesday, October 09, 2013, 13:39

State Bank of India (SBI) on Wednesday reduced interest rates on loans for car and consumer durables and also decided to lower processing charges to cash in on the festival season demand.

Auto, consumer durables stocks rise on cheaper credit by banks

Last Updated: Friday, October 04, 2013, 17:23

Auto and consumer durables shares ended the day on a positive note on Friday, surging as much as 9 percent, in the wake of the government deciding to enhance capital infusion into PSU banks to enable them to provide cheaper retail loans.

Auto, consumer durables stocks rise on cheaper credit by banks

Last Updated: Friday, October 04, 2013, 12:10

Led by the gains in these stocks, the BSE auto index was trading higher by 2.03 percent at 11,590.70 and was the best performer among the 13 sectoral indices.

Haier to break even this fiscal with 33% increase in turnover

Last Updated: Thursday, June 20, 2013, 15:37

Consumer durables firm Haier India today said it expects 33 per cent increase in its turnover to Rs 1,600 crore which will help it to break even in the current financial year.

'Capital goods, consumer durables sectors may see low growth'

Last Updated: Monday, February 25, 2013, 20:03

More sectors such as capital goods and consumer durables may have lower growth in January- March, indicating that economic slowdown is showing no signs of bottoming out, a CII-Ascon survey said Monday.

Sensex hovering below 19,600; consumer durables, metal stocks fall

Last Updated: Thursday, February 07, 2013, 14:57

The 30-scrip Sensex, which opened at 19,589.44 points, was ruling at 19,582.82 points, down 56.90 points or 0.29 percent around 1.15 p.m. from its previous close at 19,639.72 points.