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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...
Retail

Onida to focus on mini metros, targets Rs 1,000 crore sales

Indiaretailing Bureau -
Mini metros are going to be biggest contributor for the growth of LEDs and LCDs, air conditioners, refrigerators and other appliances for Onida. The company has reported revenues of Rs 748 crore in FY17 and is targeting to reach Rs...
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