Electrical

The management reiterates its focus on scaling up distribution and spurring growth in the e-commerce and rural markets

Crompton Consumer: Mediocre quarter, but long-term growth story intact

The realignment in business strategy should help the company gain market share

Ideas For Profit | Why Polycab India is the top stock pick from consumer durable sector

Polycab India has been MC Pro’s top conviction pick from the consumer durable sector for a very long time. A major part of the stock re-rating has already played out, but the prevailing market cap of Polycab is relatively small in the context of the overall opportunity size in the consumer durables and electrical industry. Here’s why

See no note ban pain in Q4, margins to improve: Havells CMD

Havells India CMD, Anil Rai Gupta, says the impact of demonetisation may not be seen in the fourth quarter. The electrical equipment manufacturer reported increased profit at 27.5 percent year-on-year in the quarter ended 2016.

Ratan Tata-backed Moglix to set up three more warehouses in 2017

Talking about affect following the Modi government's demonitisation drive, Garg said Moglix saw some hit in the business in November but that is more about flattening versus growth impact.

Crompton turns black, Q1 profit at Rs 40 cr; revenue rises 39%

Revenue increased 38.6 percent to Rs 1,423.76 crore during the quarter compared with Rs 1,027.52 crore in same period last year.

CESC enters power distribution business in Rajasthan

"Last Friday, we signed a franchisee agreement with Jaipur Vidyut Vitaran Nigam for 20-year period power distribution and we will begin operations from August," CESC chairman Sanjiv Goenka said today.

Tata Power's arm bags solar project in Maharashtra

A unit of Tata Power, TPREL has received the Letter of Intent (LoI) to develop the project and will sign a 25-year power purchase agreement with NTPC Vidyut Vyapar Nigam.

Expect revenue to grow by 12-15% in FY17: V-Guard CFO

Consumer electrical and electronics company V-Guard Industries expects the EBITDA to grow by 24-25 percent in FY17, says Jacob Kuruvilla, CFO, V Guard.

Toshiba to set up rail systems equipment facility in Hyderabad

Toshiba Corporation today announced that it would establish a new production facility of electrical equipment for railway systems in Hyderabad to expand its commitment to India and its ability to supply international markets.

ELECRAMA 2016 racks up $400 mn business orders

"Reverse Buyer Seller Meet (RBSM), the biggest meeting place of international buyers who plan to source electrical product and equipment from India, concluded with USD 400 million business at ELECRAMA 2016," a statement issued here by the organiser, IEEMA, stated.

Maharashtra govt approves electronics policy

The state cabinet has decided to amend Information Technology Enabled Services Policy 2015 by incorporating some of the suggestions by the Indian Merchant Chamber of Commerce of Industry, Indian Broadcasting Foundation (IBF), VFS Global Services, MCHI-CREDAI and Mill Owners Associations.

Anchor Electricals to invest Rs 150cr in Haridwar mfg unit

The company intends to double its manufacturing capacity in Haridwar by 2020, at full capacity expansion, with the commissioning of its second greenfield facility.

Implementing energy efficient data centers

Electricity usage costs have become an increasing fraction of the total cost of ownership (TCO) for data centers. It is possible to dramatically reduce the electrical consumption of typical data centers through appropriate design of the data center physical infrastructure and through the design of the IT architecture

Soon, 'talking' cars to ease traffic congestion

Imagine a future where vehicles can 'talk' in real time! Researchers are working on an intelligent transportation system where vehicles communicate with each other, warning about traffic delays, allowing a single driver to control multiple vehicles and routing vehicles around hazardous road conditions.

Q4 to be better than Q3: Harrisons Malyalam

Harrisons Malyalam has reported a sales turnover of Rs 95.03 crore and a net profit of Rs 5.57 crore for the quarter ended Dec '10. For the quarter ended Dec 2009, the sales turnover was Rs 85.15 crore and net profit was Rs 6.36 crore.