FMCG company Godrej Consumer Products has reported a steep 28.4 percent year-on-year decline in the second quarter consolidated profit at Rs 413.88 crore, meeting analyst expectations. Its profit in the corresponding period last fiscal stood at Rs 577.73 crore. Revenue during the quarter fell 1.14 percent to Rs 2,630.2 crore compared to year-ago, with domestic volume growth … Read more
Morgan Stanley is sounding the alarm on a popular investment portfolio. The bank is warning investors that the annual return on a traditional portfolio made up of 60% stocks and 40% bonds could fall to 2.8% over the decade, a near-century low and roughly half of the average over the last 20 years. The figure is … Read more
See the full range of quality Irish manufactured suites at An Siopa Troscan, where all suites can be made to order. The full range of styles covers everything from modern to traditional. Pictured is the Irish made Queen Anne chair, available in a variety of colours and fabrics. This chair is available in a standard … Read more
Alok Mittal Micro, small, and medium enterprises (MSMEs) form the backbone of the Indian economy, playing a significant role in its equitable growth. Around 55-60 million MSMEs are operating in the country at present, comprising 24.63% of the GDP from service activities and contributing 33.4% to the total manufacturing output. However, despite being the growth engine of … Read more
There is no better way than giving your home its own IQ. Things have never been this interesting when it comes to doing household chores. From cooking, personal relaxation, even purifying the air we breathe in, everything is at the tip of our fingers with the newly innovated devices in the market. Smart appliances help … Read more
KANSAS CITY, Mo. — Kansas City, Missouri, police are investigating a series of appliance thefts from homes under renovation and for sale. The thefts are spread across the city and cost developers, like Paul Wenske, thousands of dollars. “It’s kind of the ironic downside to redevelopment,” he said. Wenske purchased a home in Midtown, which … Read more
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