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Alibaba eyes mobile movie biz

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In its bid to explore newer business and investment opportunities in the Indian sub-continent in mobiles segment, the Chinese ecommerce major Alibaba is setting up a strategic team to explore to exploit the available biz avenues in the mobile movie ...

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LG rolls out dual inverter ACs

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In a mega move, consumer durable maker, LG India, has decided to shift the entire line of split air-conditioners to dual inverter ACs (air-conditioners) series from this year. The company has stopped manufacturing regular split ACs also known as fixed ...

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Parle launches Footi Fizz

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Appeared unfazed of the current scenario where consumers are gradually moving away from aerated drinks, Parle which is launching a fruit-based brand Frooti Fizz. Parle Agro said the new beverage product is a part of a wider strategy to double ...

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Panasonic’s eco-friendly consumer goods’ sales on upswing

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The flagship local firm of Japan’s leading durable consumer goods’ maker, Panasonic India, though yet to make profits even after almost eleven years in the country but it has been able to nearly halved losses in the past one year. ...

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Candy brands beat multinationals

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In the food and beverage segment, upstart Indian candy brands beating MNC marquee brands are not new. But this one takes the cake¬ or the candy. Pulse, a raw mango flavoured tangy candy, was launched by DS Group, makers of ...

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Bosco’s Stores records brisk business

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In its quest to expand its operational ambit, Boscov’s Department Stores, which are recording brisk business and even expanding their footprint in the Susquehanna Valley Mall further adding a furniture outlet center and shutter stores across the country, said managing ...

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Ikea reworks home furnishing biz

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In order to boost its business across Maharashtra including Mumbai city, global home furnishing retailer Ikea recently conducted a multi stakeholder to co-create its strategy. The workshop was attended by government officials, industry leaders, key opinion leaders, Ikea suppliers, NGOs, ...

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Honeywell expanding product range

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In a bid to expand its operational ambit, Honeywell India is currently looking at adding to its product range in the urban and mid-market segment to expand its customer base in the country, said president, Vikas Chadha, adding that it ...

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Philips sharpens focus on newest tech

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Living up to its reputation, equipment and technology firm Philips is sharpening its focus on newest tech transforming itself into a “digital company“ and is looking to increase its workforce in the segment, said CEO, Philips Innovation Campus (PIC), Srinivas ...

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Online retail gets 1% cap; GST Council

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Extending a major relief to online retail marketplaces such as Amazon and Flipkart, among others, the GST Council has decided to cap the proposed tax collected at source (TCS) on them at 1% under the goods and services tax (GST). ...

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