Mar 26, 2018 12:13 PM IST
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.
- Mar 09, 2018 02:17 PM IST
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.
- Dec 26, 2017 11:29 AM IST
In an interview to CNBC-TV18, B Thiagarajan, Joint MD of Blue Star spoke about the likely trends for 2018.
- Nov 01, 2017 12:20 PM IST
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.
- Aug 23, 2017 01:56 PM IST
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.
- Jun 30, 2017 01:22 PM IST
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.
- Jun 28, 2017 01:46 PM IST
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.
- Jun 13, 2017 11:04 AM IST
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.
- Jun 02, 2017 12:03 PM IST
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.
- May 10, 2017 02:29 PM IST
In an interview to CNBC-TV18, Vir Advani, MD of Blue Star spoke about the results and his outlook for the company.
- May 04, 2017 03:40 PM IST
In an interview to CNBC-TV18, B Thiagarajan, Joint MD, Blue Star spoke about the latest happenings in his company and sector.
- Mar 30, 2017 11:26 AM IST
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.
- Feb 20, 2017 02:48 PM IST
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.
- Dec 26, 2016 12:17 PM IST
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.
- Nov 21, 2016 12:32 PM IST
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.
- Nov 11, 2016 12:34 PM IST
"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.
- Oct 20, 2016 11:28 AM IST
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.
- Sep 20, 2016 02:41 PM IST
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.
- Aug 19, 2016 02:20 PM IST
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.
- Jun 29, 2016 12:47 PM IST
Rakesh Biyani, Director, Future Group, says with substantial cash in hands of the consumer the demand for white goods is sure to go up.
- May 31, 2016 12:36 PM IST
Government expenditure as well as recovery in real estate over next 9-11 months will help growth, Vir Advani, Managing Director of Blue Star.
- Apr 20, 2016 10:53 AM IST
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.
- Apr 06, 2016 01:05 PM IST
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
- Feb 16, 2016 10:50 AM IST
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).
- Jan 25, 2016 12:57 PM IST
B Thiagarajan, ED of Blue Star says the company's growth target for 2016 is 25 percent.