Electrical Goods

Revenue declined 1.1 percent to Rs 1,349.82 crore during the quarter compared to Rs 1,365.09 crore in year-ago period due to lower commodity prices and fall in conventional technology sales in lighting division, the company said in its filing.

industrybuying.com plans to raise up to USD 15 mn

SMEs are its primary customers. Business comes from electrical goods, power tools, materials, utilities, safety tools, office furniture segments.

Expect paper division to do better in H2FY15: Orient Paper

Orient Papers' debt currently stands at Rs 220 crore but is declining slowly and gradually, adds Pachisia.

Arise India targets Rs 3,000 crore turnover by 2020

Electrical goods maker Arise India is targeting an almost two-and-half-fold increase in turnover to Rs 3,000 crore in six years by expanding its existing business and new product categories such as automotive batteries and mobile handsets.

Havells Q3 net up 28% to Rs 121.47 cr

Net sales of the company rose to Rs 1,174.03 crore for the third quarter ended December.

Freak July IIP data: Why we should not jump with joy yet

The spike in the IIP is a freak because just one element-electrical machinery and equipment, with a weight of under 2 percent in the index-spiked by a whopping 83 percent.

Havells targets Rs 500 cr revenue from Karnataka in 2 years

Electrical-goods maker Havells India on Wednesday said it is targetting Rs 500 crore revenue from Karnataka in the next two years. "The company is targeting Rs 500 crore revenue from the state in the next two years," Havells India president Sunil Sikka said.

Havells India looks for acquisitions in China, Africa

Electrical goods maker Havells India is mulling over acquisitions in China and Africa that may entail an investment of up to USD 200 million (about Rs 1,100 crore) to strengthen its overseas operations.