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‘Small towns are warming up to ACs in a big way’

DNMUM409711 | 3/14/2018 | Author : Ashish K Tiwari | WC :810 | Media & Marketing

Talking Brand

In its platinum jubilee year, air conditioner manufacturer (AC) and commercial refrigeration company Blue Star will be unveiling a slew of breakthrough products. Joint managing director of the company B Thiagarajan, in conversation with Ashish K Tiwari, speaks about the overall industry scenario, company’s business, growth plans and more.
Could you give us a sense of how the last couple of years have been?
The industry size for air conditioning products in India is around 5.5 million units and market penetration is still at 5%. In value terms, the market size this year is Rs 12,000 core but that number is a GST-adjusted figure. The compounded annual growth rate for the market has been maintained at around 10% after providi
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Fashion meets fitness
DNMUM422652 | 9/21/2018 12:00:00 AM | Author : Priyanka Golikeri | WC :628

From Vera Wang to Stella McCartney and Kanye West to Selena Gomez, designers and celebs across the world are trending in the activewear mania.Staid formals and ostentatious ethnic wear are making way for athleisure, a clothing style that marries the
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LNG buyers turn to tenders for long-term purchases
DNMUM422653 | 9/21/2018 12:00:00 AM | Author : Shahkar Abidi | WC :228

Mumbai: LNG buyers are making the best of a surge in gas supply. Most of the recent sale-purchase agreements (SPAs) with a term of over two years were done through the tender route, Petronet LNG Ltd highlighted in its annual report. Traditionally, te
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Directors to pay `500 late fee for KYC till Oct 5
DNMUM422654 | 9/21/2018 12:00:00 AM | Author : DNA Money Correspondent | WC :392

New Delhi: The directors whose Director Identification Numbers (DINs) were deactivated following non-filing of new know-your-customer norms can get them reactivated by giving KYC details with a late fee of Rs 500. They can file the e-form till Octobe
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‘Castrol will go for third price increase’
DNMUM422655 | 9/21/2018 12:00:00 AM | Author : Shahkar Abidi | WC :469

Omer Dormen, MD of Castrol India Ltd, in an interview with Shahkar Abidi, speaks about over several issues facing the industry including the push for electric vehicles, shortage of raw materials for lubricant-making, challenges in the BS-VI era for a
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