Amber Enterprises Q2 earnings: The room air condition (RAC) industry got impacted by non-conducive weather and deferment of purchase in between announcement & implementation of GST rate reduction.
Panasonic's expansion is aimed at shifting operations from Japan-led to India-led. CEO Tadashi Chiba indicates that Indian teams already handle global services, and the model will be strengthened
With Dussehra and Diwali in October 2025, followed by the wedding season, we expect the benefits of pent-up demand to be fully captured during Q3FY26, says Agrawal
Amber is poised for healthy long-term growth on the back of diversification of the consumer durables segment beyond RACs, improved capacity utilization and broader product offerings across segments.
According to Motilal Oswal Financial Services, this measure could trigger a positive shift in Indian equities, which have underperformed over the past year
The continued normal monsoon, falling inflation, and the S&P Global Ratings upgrade also contributed to the market recovery despite the US tariff threats, said Chokkalingam
The Nifty Consumer Durable Index, which tracks the performance of 15 stocks in the consumer durables sector, jumped by 3.14 per cent, reaching an intra-day high of 38,503
Consumer durables firms expect GST cut on air conditioners and large TV panels from 28% to 18% to lower prices, spur festive demand and improve sales in a price-sensitive market
The CEO Lokendra Ranawat said WoodenStreet plans to triple its store count within 18-24 months, focussing on major cities, while also considering opportunities in smaller ones
On January 29, 2025, Whirlpool Corporation announced its intention to sell down its ownership interest in Whirlpool to about 20 per cent this year via market sale by mid-to-late 2025.
