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Hike in custom duty may impact coming festive sales, consumer durable industry

Indiaretailing Bureau -
Hike in custom duty to 10 percent on compressors, used for air conditioners and refrigerators, can be a 'set back and may have an impact on the coming festive season sales, according to the consumer durable industry. According to a...
Retail

Mirc Electronics to raise Rs 144 crore from marquee investors

Indiaretailing Bureau -
Mirc Electronics Ltd, which owns the Onida brand, said its board has approved raising of equity investment of Rs 144.12 crore from marquee investors to meet its long-term working capital and corporate requirements. The board has approved issue of 1.92...
Retail

Mirc Electronics targets 20-25 pc growth in next 5 years;to expand dealer network

Indiaretailing Bureau -
Mirc Electronics, which owns the Onida brand for manufacturing of electronics goods, has said it is looking to grow at 20-25 per cent for the next five years and plans to increase its dealers network. "We will grow at 20-25...
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In FocusAbhisar Narula -

The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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