The meteorological department had on February 28 said that the maximum and minimum temperatures are likely to remain above the normal benchmarks during March, except for certain parts, including northwest India and peninsular India.
Johnson Controls' exit from Amara Raja Batteries has left investors grappling with questions on its future, they need answers and soon
Ashwani Gujral of ashwanigujral.com recommends buying Johnson Controls, RBL Bank, Kotak Mahindra Bank, Yes Bank, IndusInd Bank and KPIT Technologies.
Airconditioner firm Hitachi Home & Life Solutions expects its sales to cross Rs 2,000 crore mark in the current financial year.
The company had posted a net profit of Rs 102.34 crore in the same period a year ago, Amara Raja Batteries said in a statement.
As per the agreement, Johnson Controls has acquired 60 percent ownership stake of the new entity, which has more than 350 billion yen (around Rs 2.8 billion) sales annually.
JCHAC India Holdco, a wholly-owned subsidiary of Japanese giant Hitachi Appliances, would acquire the said stake.
Adidas is working with the German government, academics and robotics firms on new technologies it hopes will trigger a significant a shift in the footwear industry as the move led by its arch rival Nike to produce in Asia decades ago.
Johnson Controls said it would acquire little over 70,00,990 shares at an offer price of Rs 821.38 per share amounting to Rs 575.04 crore
Investors offloaded some more shares of Hitachi Home & Life Solutions on Tuesday after the Johnson Controls JV announced open offer price for 25.75 percent equity shareholding. The stock fell as much as 14.5 percent intraday.
The JV will benefit both Johnson Controls and Hitachi with each other sharing their expertise because each manufactures different products, says Gurmeet Singh of Hitachi Home and Life Solutions.
Through this JV, Johson Controls will obtain 60 percent stake in Hitachi Appliances for a deal price of USD 2.5 billion for global air conditioning business excluding sales and service operations in Japan.
Johnson Controls expects the number of vehicles built to allow "start-stop" technology will more than triple in five years as automakers worldwide seek better fuel efficiency.
SP Tulsian of sptulsian.com, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee spoke about his three multibagger ideas.