Sangeetha G, Deccan Chronicle Page 27

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The overall market size of the top five categories of appliances and consumer electronics is Rs 76,400 crore in FY19 and the market is estimated to grow at compounded annual growth rate (CAGR) of 11.7 per cent till FY25.

Domestic value additions to go up to 54 per cent

The Consumer Electronics and Appliances Manufacturers Association (Ceama) finds that domestic value addition stood at 34...

23 Nov 2019 1:40 AM IST

In 2013, online channel used to contribute just 3 per cent to the consumer durable sales and this has multiplied manifold to 11 per cent in 2019. Going ahead, by 2023, the share is expected to touch 22 per cent.

Nearly a fourth of white goods sales seen going online by 2023

Online white goods purchases are seeing a faster-than-expected rise on high affordability of smartphones.

23 Nov 2019 1:37 AM IST

The month recorded 28 M&A deals worth $1.5 billion against 48 deals valued $2.8 billion in the corresponding period last year, found Grant Thorntons M&A Dealtracker. (Photo: Techcrunch)

Weak domestic sentiments pull down M&A deal value

October deal activity down by 45% in value terms and 40% in volume terms.

22 Nov 2019 12:55 AM IST

Around 30 to 35 lender entities are facing a tough time in the North-eastern state. Since the third week of October, several micro-finance borrowers in five six districts of Assam have stopped repayment of their loans.

Micro-lenders face a crisis in Assam

These five-six districts account for 15 to 20 per cent of the total customer base of the state, which stands at 27 lakh.

22 Nov 2019 12:40 AM IST

According to Rakesh Mehra, Convenor, CITIs Sub-Committee on Man-Made Fibre & Yarn, the inverted duty structure in viscose yarn and fibre also has led to the situation.

Viscose yarn imports soar on dumping

India is self-sufficient in yarn and it does not need imports.

22 Nov 2019 12:37 AM IST

Indias residential sector has been reeling under the pressure of delayed/stalled projects with 4.54 lakh units running behind their completion dates.

Realty sees 115 insolvency cases, $1 billion stressed deals

As per the Insolvency and Bankruptcy Board of India, a total 115 insolvency cases have been filed as of September 2019.

21 Nov 2019 1:49 AM IST

Muthoot Finance shares closed 0.14 per cent up at Rs 707.40 on BSE.

Muthoot Finance acquires stake in IDBI MF

Muthoot Finance had raised $450 million in its maiden offshore bond issue from investors across the US, Asia and Europe...

20 Nov 2019 1:42 AM IST

Motor claim on account of theft or injury/death to third parties and claims under health insurance policies including travel and personal accident covers are also exempted.

Surveyor assessment waived in some cases

Insurance claim processing gets easier during calamities.

20 Nov 2019 1:35 AM IST

Under the programme, so far 9,87,446 patients have been screened and 93,117 patients have been enrolled for long-term management through Ayurveda interventions, lifestyle modifications and yoga, the ministry said in a release.

Ayurveda gets a leg-up, now part of disease management

Government has initiated a programme for long-term management of non-communicable diseases using Ayurveda.

20 Nov 2019 12:59 AM IST

India has high incidence of mobile ad frauds

India has high incidence of mobile ad frauds

Major types of ad frauds are cookie stuffing, adware traffic, data fraud and ad injection.

19 Nov 2019 1:53 AM IST

In a monthly update, the Department of Consumer Affairs said that as on October 30, 2019, 20,965 metric tonnes of onion has been disposed out of the buffer stock of 57,299 metric tonnes of onions, while the rest is unfit for human consumption/ weight loss .

Over 63 per cent of onion buffer stock rots

Amidst rocketing prices & distress sale by farmers.

19 Nov 2019 12:53 AM IST

It was 55 per cent of 390.8 tonnes last year during the same period, finds precious metals agency GFMS.

Gold supply by domestic refineries dips by one-third

Deep price discounts render local refining unviable.

15 Nov 2019 1:33 AM IST