Whirlpool Corporation (WHR) shares jumped almost 3% Thursday after JPMorgan upgraded the stock from “neutral” to “overweight” and bumped its price target to $172 from $155. The investment bank noted that the home appliance giant currently trades at just 10 times and 8.5 times respective 2019 and 2020 earnings, representing discounts of roughly 10% to 15% to … Read more
BSH Home Appliances Group, one of Europe’s largest home appliances manufacturer, on Wednesday said it has sold one million washing machines in India. The company said it has seen a huge surge in sales from the metro markets in South India and even smaller towns are now buying premium front load washing machines. Neeraj Bahl, managing director … Read more
New US tariffs affecting $7.5bn worth of European products have just come into effect. This is in response to what Washington calls illegal European Union subsidies for aircraft manufacturer Airbus. But the repercussions are being felt beyond the aviation industry including in Spain, where thousands of families depend on olive oil exports for their livelihoods. Al Jazeera’s Charlie Angela has … Read more
The kitchen is the focal point of the modern home. Its engineering has evolved over the last several thousand years, from hobbled together washbasins to finely engineered perfectly styled hardware. Arguably though, a kitchen isn’t a kitchen if it isn’t filled with appliances. Today’s kitchens have changed from even just 20 years ago. It seems like … Read more
Rati is the owner of a startup in the cookery business. She is being approached by a number of banks, all trying to woo her with women-oriented schemes like special credit cards, attractively-priced loans etc. She is impressed and some of the offers seem rather enticing. However she wonders if there are any issues that … Read more
Chennai: Prime Minister Narendra Modi welcomed Chinese President Xi Jinping at Mamallapuram near here, wearing Tamil Nadu’s traditional veshti (dhoti), which was welcomed by the Pattali Makkal Katchi and others. Modi, who reached Mamallapuram ahead of Xi by a chopper, received the Chinese leader at Arjuna’s penance monument. Attired in a striking Tamil traditional ‘karai veshti’ … Read more
India’s agriculture products, pharmaceuticals, handicrafts have advantages over products from other countries but due to lack of necessary understanding and cognition of the Chinese market, their way into China is not smooth, said ZHU Xiaohong, Counselor, Embassy of People’s Republic of China, said. She said that the India should focus more on the ‘4Cs’ – … Read more
How are the new regulations going to impact the domestic brokerage industry? The fact is brokerages can now only lend as much as their own capital. They could pledge on unpledged securities to raise funds. All these restrictions that have now been imposed. It is going to have a big impact on the traditional brokers. … Read more
Jump in transactions can be attributed to juicy cashback offers on top of unmatched discounts given by eCommerce giants. More and more young people are becoming fashion conscious and gone are days when parents used to shop things of their choice for their kids. Take for example of Tanya Bhattacharjee (name changed), a student preparing … Read more
Diwali, the festival of lights is one of the greatest Hindu festivals that India celebrates with great pomp and splendor. It is the festival that marks the victory of good over evil and illuminates our country with its brilliance. দীপাবলির শুভেচ্ছা crackers and lights are an integral part of this festival. People worship Laxmi, the … Read more