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  • Good times ahead for AC makers: Here's how experts react Mar 26, 2018 12:13 PM IST

    Good times ahead for AC makers: Here's how experts react

    In an interview to CNBC-TV18, B Thiagarajan, Joiint MD of Blue Star and Nilesh Gupta, Managing Partner at Vijay Sales spoke about the market condition for air conditioner makers.

  • FY19 room AC market to grow 15-20%: Blue Star Mar 09, 2018 02:17 PM IST

    FY19 room AC market to grow 15-20%: Blue Star

    Indian Meteorological Department (IMD) has forecasted a scorching summer and air-conditioner makers are gearing up for it. Blue Star has launched 40 new air-conditioner models. In an interview with CNBC-TV18, B Thiagarajan, Managing Director of the company spoke about the latest happenings in his company and sector.

  • Expect growth at 15% over next 6 months: Blue Star Dec 26, 2017 11:29 AM IST

    Expect growth at 15% over next 6 months: Blue Star

    In an interview to CNBC-TV18, B Thiagarajan, Joint MD of Blue Star spoke about the likely trends for 2018.

  • Current order book stand at Rs 2120 crore, says Blue Star Nov 01, 2017 12:20 PM IST

    Current order book stand at Rs 2120 crore, says Blue Star

    Blue Star posted a lacklustre set of earnings in Q2 as air conditioner (AC) business margins fell and electro-mechanical projects business revenue business declined by 7 percent; the management says the overall market is yet to pick up. In an interview to CNBC-TV18, Vir Advani, MD of Blue Star elaborated on the numbers and gave his outlook for the future.

  • Looking at improvement in operating margin for MEP biz: Blue Star Aug 23, 2017 01:56 PM IST

    Looking at improvement in operating margin for MEP biz: Blue Star

    Blue Star is in focus on the back of a turnkey order win in mechanical, electrical and plumbing (MEP) segment. In an interview to CNBC-TV18, Vir Advani, MD of Blue Star spoke about the order win and the latest happenings in the company.

  • See huge value creation opportunity in the GST regime: Whirlpool Jun 30, 2017 01:22 PM IST

    See huge value creation opportunity in the GST regime: Whirlpool

    Few companies are impacted with regards to the discounts which have been raining on white goods. CNBC-TV18 spoke to Blue Star and Vijay Sales and they spoke about how secondary sales have shot up in the month of June. In an interview to CNBC-TV18, Sunil D'souza, Managing Director of Whirlpool of India spoke about what exactly the experience has been at Whirlpool.

  • Discounts have led to market expansion: Blue Star Jun 28, 2017 01:46 PM IST

    Discounts have led to market expansion: Blue Star

    In the run up to goods and services tax (GST), retailers are offering heavy discounts on televisions, air-conditioners, refrigerators, washing machines and other home appliances. In an interview to CNBC-TV18, B Thiagarajan, Joint MD of Blue Star and Nilesh Gupta, Managing Partner at Vijay Sales discuss the same.

  • Consumers may have to pay more due to higher tax incidence: Havells India Jun 13, 2017 11:04 AM IST

    Consumers may have to pay more due to higher tax incidence: Havells India

    In an interview to CNBC-TV18, Anil Rai Gupta, CMD of Havells India spoke about the goods and services tax (GST) and latest happenings in the company.

  • Expect 15% growth in June; GST will not lead to price hike: Blue Star Jun 02, 2017 12:03 PM IST

    Expect 15% growth in June; GST will not lead to price hike: Blue Star

    In an interview to CNBC-TV18, B Thiagarajan, Joint MD of Blue Star and Nilesh Gupta, Managing Partner at Vijay Sales spoke about the latest happenings in the sector.

  • Summer looks promising, company to grow at 30%: Blue Star May 10, 2017 02:29 PM IST

    Summer looks promising, company to grow at 30%: Blue Star

    In an interview to CNBC-TV18, Vir Advani, MD of Blue Star spoke about the results and his outlook for the company.

  • Blue Star betting on summer heat; see 30% growth in Q1 FY18 May 04, 2017 03:40 PM IST

    Blue Star betting on summer heat; see 30% growth in Q1 FY18

    In an interview to CNBC-TV18, B Thiagarajan, Joint MD, Blue Star spoke about the latest happenings in his company and sector.

  • Industry to grow by 20-25% this summer; GST to push AC prices up by 2-3%: Bluestar Mar 30, 2017 11:26 AM IST

    Industry to grow by 20-25% this summer; GST to push AC prices up by 2-3%: Bluestar

    B Thiagarajan, joint MD of Bluestar expects market growth of around 20 percent and company’s air-conditioning segment to grow by 35 percent in FY17.

  • Competition will improve efficiency; see growth good: Blue Star Feb 20, 2017 02:48 PM IST

    Competition will improve efficiency; see growth good: Blue Star

    Competition is healthy for any business because it brings in pricing efficiency and product quality into the market, says B Thiagarajan, Joint MD, Blue Star commenting on the acquisition of Lloyd Electric by Havells India.

  • Demonetisation impact: GST uncertainty bigger worry for consumer durables, say experts Dec 26, 2016 12:17 PM IST

    Demonetisation impact: GST uncertainty bigger worry for consumer durables, say experts

    Not at all worried about the demonetisation impact and believes the industry has the potential to grow by 15% in the calendar-year 2017, said B Thiagarajan, Joint MD, Blue Star.

  • Drop in sales due to cash ban, see recovery in Q4: Blue Star Nov 21, 2016 12:32 PM IST

    Drop in sales due to cash ban, see recovery in Q4: Blue Star

    With demand and consumption coming to a standstill due to demonetisation, secondary sales have come down drastically for Blue Star which saw a drop in sales in the first two weeks on the back of consumer nervousness, says B Thiagarajan, JMD of the company.

  • Demonetization may impact Q3 sales of products: Blue Star Nov 11, 2016 12:34 PM IST

    Demonetization may impact Q3 sales of products: Blue Star

    "In tier I and tier II markets, about 30 percent of sales are done in cash. In tier III, tier IV and tier V markets, about 60 percent of business is done in cash. There is going to be a short-term that is Q3 impact on our sales of products on account of the demonetization", Vir Advani, MD of Blue Star told CNBC-TV18.

  • Blue Star eyeing 30% growth during Diwali, says mkt may grow 20% Oct 20, 2016 11:28 AM IST

    Blue Star eyeing 30% growth during Diwali, says mkt may grow 20%

    B Thiagarajan, Joint MD of Blue Star says that online sales have been subdued this year in comparison to last year as the e-retailers are focusing more on other products like LCD TVs and small appliances. He is optimistic that 30 percent of demand will be fulfilled by online sales by 2020.

  • See market growing 20% in this festive season: Blue Star Sep 20, 2016 02:41 PM IST

    See market growing 20% in this festive season: Blue Star

    B Thiagarajan, Joint MD of Blue Star, expects the market to grow by at least 20 percent during the upcoming festive season, that is October to December period.

  • Will end FY17 with over 10% market share: Blue Star Aug 19, 2016 02:20 PM IST

    Will end FY17 with over 10% market share: Blue Star

    Blue Star has already increased market share in room air conditioner business and commercial refrigeration products like water coolers and deep freezers, says Joint MD B Thiagarajan.

  • Pay hikes to boost demand for white goods, say experts Jun 29, 2016 12:47 PM IST

    Pay hikes to boost demand for white goods, say experts

    Rakesh Biyani, Director, Future Group, says with substantial cash in hands of the consumer the demand for white goods is sure to go up.

  • Eyeing 12% market share in room AC business in FY17: Blue Star May 31, 2016 12:36 PM IST

    Eyeing 12% market share in room AC business in FY17: Blue Star

    Government expenditure as well as recovery in real estate over next 9-11 months will help growth, Vir Advani, Managing Director of Blue Star.

  • Room AC mkt share may improve to 12.5%, growth at 30%: Blue Star Apr 20, 2016 10:53 AM IST

    Room AC mkt share may improve to 12.5%, growth at 30%: Blue Star

    The only challenge for Blue Star will be the rising marketing costs, where despite a 30 percent increase in the ad spends, the company's media exposure will remain more or less the same, says B Thiagarajan, Joint MD of the company.

  • Blue Star enters water purifier biz; eyes 15% market share Apr 06, 2016 01:05 PM IST

    Blue Star enters water purifier biz; eyes 15% market share

    Company will offer residential water purifiers for the first 6 months, and eventually enter commercial water purifier, says B Thiagarajan, Joint MD of Blue Star

  • Aim revenue growth of 20-25% in FY17: Blue Star Feb 16, 2016 10:50 AM IST

    Aim revenue growth of 20-25% in FY17: Blue Star

    Blue Start had reported its quarterly earnings on January 29. Revenue grew 12.4 percent to Rs 686 crore year-on-year (YoY) and EBITDA margins rose 260 basis points to 4.1 percent (YoY).

  • Expect mkt share in room ACs to grow to 12% in FY17: Blue Star Jan 25, 2016 12:57 PM IST

    Expect mkt share in room ACs to grow to 12% in FY17: Blue Star

    B Thiagarajan, ED of Blue Star says the company's growth target for 2016 is 25 percent.

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