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Commerce Minister Piyush Goyal reiterated that India is holding talks with the US on a bilateral trade agreement (BTA).

Exclusive | EESL transitioning to become a leading consultancy and EPC player; no IPO plans as of now: CEO Vishal Kapoor

Kapoor also said that the company has revamped its accounting system, and had the new regime been applied, the losses of previous years would have actually been bumper profits.

Cheering for environment-friendly LED Bulbs? Read This Cautionary Tale First.

Today’s earth-friendly retreat from incandescent lighting comes with a historical warning label involving corporate collusion, planned obsolescence and a cartel named Phoebus

Maharashtra: From LED TVs to refrigerators, Chandrapur civic body offers vaccination incentives

Citizens who come to the civic-run vaccination centres to get their jabs from November 12 to 24 will get a chance to win these prizes, according to a release issued by the municipal corporation on Wednesday evening.

LED lighting product makers to approach govt over custom duty hike on parts; prices to rise 5-10%

ELCOMA said that after a hike in the customs duty from 5 to 10 per cent on the import of the components, including driver and MCPCBs used while manufacturing LED lights, prices of the locally manufactured goods will go up. The tariffs on finished good have remained unchanged, it added.

Import duty on TV panel part halved to 5%, to encourage LCD/LED manufacturing

"Open cell (15.6” and above) for use in the manufacture of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV panels" would attract 5 per cent customs duty, the Central Board of Excise and Customs (CBEC) said in a notification.

PM Modi's 'Saubhagya' scheme: Whose fortunes will it brighten?

Companies which will provide supporting infrastructure for the last-mile connectivity will benefit from the scheme to electrify all villages.

NDMC to replace old street lights with LED fixtures

The conversion plan will start simultaneously from wards 57 and 63 in Rohini, and ward 36 in Narela.

Consumer electronics giant BPL is plotting a quiet revival

A tremor in Japan, the onslaught of foreign brands in India, and a discord within the Nambiar family knocked down consumer electronics giant BPL. Now, scion Ajit Nambiar is planning a comeback.

COMMENT: Havells, please note saara shehar Lloyd ka naam nahi jaanta

It didn‘t take too long for Havells India Ltd to be back on the inorganic route. So what if the 2007 acquisition of Sylvania didn‘t work exactly as planned?

Surya Roshni to invest Rs 50 crore in LED R&D segment in 2 years

Surya Roshni, a leading brand in lighting and steel pipe products, today said it is investing Rs 50 crore in R&D for LED products in two years.

Havells to enter baby care products by June-end

As a small step, it has announced the launch of baby hair clippers. Today's announcement at a press meet follows the company's entry into the personal grooming market.

Eveready Q3 net profit jumps 65% to Rs 35 crore

The company had posted net profit of Rs 21.27 crore in the corresponding period last fiscal.

Piyush Goyal to unveil largest street light programme on Monday

Street Lighting National Programme (SLNP), currently running in the South Delhi Municipal Corporation (SDMC) area is the World's Largest Street Light Replacement Programme, said a senior power ministry official.

Philips to sell Lumileds majority share for $1.5bn

"Royal Philips today announced that it has signed an agreement to sell an 80.1-percent interest in Lumileds to certain funds managed by affiliates of (US-based) Apollo Global Management," the Amsterdam-based company said in a statement.

Consumers to get 20W LED tube lights at Rs 230: Goyal

"EESL plans to distribute LED tube lights of 20 watts to consumers at an upfront cost of Rs 230 per unit," Power Minister Piyush Goyal said in a written reply to the Rajya Sabha.

Crompton ties up with UK firm Gooee for IoT play

Crompton Greaves Consumer Electrical today said it has tied up with UK-based Gooee to be the latter's launch partner in India.

LED biz growing; expect better topline growth by Q4: Eveready

"Because of better margins in the LED segment and better efficiencies in manufacturing, in the battery segment, the company has been able to post its highest ever operating margin in the recent few quarters", Amritanshu Khaitan, MD of Eveready India told CNBC-TV18.

New Skoda Rapid Facelift launched at a price of Rs 8.27 lakh

Now looking much more in line with the current generation Super and Octavia, the Rapid looks much bolder thanks to the all-new 'Crystalline' design language.

Bajaj Electricals eyes Rs 5,000-cr turnover this fiscal

Lighting products and consumer durables maker Bajaj Electricals is looking at a turnover of around Rs 5,000 crore this fiscal, helped by robust growth in its durable and engineering and project segments.

Bajaj Electricals to shut down manufacturing unit at Kosi

The board of directors of the company at its meeting today reviewed the performance/operations of the GLS bulbs and tube lights manufacturing unit at Kosi, Mathura, Bajaj Electricals said in a BSE filing.

Halonix Tech aims 2-fold rise in turnover at Rs 750 cr

Lighting firm Halonix Technologies is looking at a two-fold rise in its turnover at Rs 750 crore in the next five years on the back of portfolio expansion including in the LED segment.

Opple eyes 20% mkt share in premium LED segment in India

"We are not only investing in India as a sales force. But next step which would be next year is a manufacturing base and an R&D centre as using the technology of China or Europe would not work for India," Opple India Head Rambo Zhang told PTI.

LED to account for 50% of lighting biz revenue by FY18:Bajaj

"In FY 2017-18, around 50 percent of our revenue of lighting would come from LED segment," Bajaj Electricals Ltd Chairman and Managing Director Shekhar Bajaj told PTI.