Monday, Dec 17 2018 | Time 21:58 Hrs(IST)
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  • Cabinet approves MoU between India & France in new and renewable energy
  • India’s potential for export to SAARC countries must be tapped: Suresh Prabhu
  • Cabinet apprised of Joint Issue of Postage Stamps by India, South Africa
  • Cabinet approves expansion of beneficiaries list under Pradhan Mantri UjjwalaYojana
  • Cabinet approves MoU between India-Australia for cooperation in Disability sector
  • Ladakh gets first ever varsity as J&K SAC approves ‘Jammu and Kashmir University of Ladakh Bill’
  • Rafale Case: J&K BJP demands resignation of Rahul Gandhi
  • Cabinet nod to set up new AIIMS in TN, Telangana
  • Bangladesh Election: Oikyafront manifesto for stronger ties with India
  • Bring urgent border issues to the notice of Govt: Advisor Kumar
  • 'I always try to bowl at right line and length' : Shami
  • J&K PSC rubbishes allegations of discrepancies in CCE-2016
  • Loan waiver: MP CM delivers key Cong promise
  • AP CM reviews devastation of Phethai cyclone
  • MP CM stresses on jobs for locals
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Panasonic India to secure 15 per cent market share in AC products segment by 2021: Gaurav Sah

Hyderabad, Mar 14 (UNI) Panasonic India, Business Head, Air Conditioners Group Gaurav Sah said that the company will secure 15 per cent market share in Air Conditioning products segment by 2021.
Talking to newsmen, after launching new its new rang of inverter air conditioner, inbuilt with its patented air purification system called Nanoe Technology that actively removes PM2.5 and airborne particles giving upto 99 per cent clean air here on Wednesday, Mr Gaurav said that at present the company market share was seven per cent during 2017 and expecting eight per cent during 2018.

He said that the company has 52 models ranging from Rs 26,000 to Rs 80,000. As many as 3.6 lakh units were sold out during 2017-18 and targeted to achieve 4.17 lakh units during 2081-19. The company targeted the business of Rs 1500 crore during 2018-19 with the growth rate of 17 per cent, he said.
Speaking on company’s 60th anniversary of air Conditioner category this year, Mr Gaurav said that the company has sold out more than 10 crore ACs across 100 counties.
Explaining the new ‘air-purifying inverter air conditioner’, Mr Gaurav said it comes with Aerowings that give more control over the direction of the airflow across a wide area and ensures flow of cool and purified air in very corner of the room.
With Aeroslim design, iAuto X feature for faster cooling and Econavi sensors which reduces energy wastage upto 65 per cent. The new air conditioners are available from a starting price of Rs 39,000 to 72,000 in 0.8T, 1.8T, 1.5T, 2.0T variants, he said..
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Suresh Prabhu releases Manual of Operating Practices for Trade Remedy Investigations

Suresh Prabhu releases Manual of Operating Practices for Trade Remedy Investigations

17 Dec 2018 | 7:09 PM

New Delhi, Dec 17 (UNI) Union Commerce and Industry Minister Suresh Prabhu released the first ever Manual of Operating Practices for Trade Remedy Investigations and Handbook of Operating Procedures of Trade Defence Wing, here on Monday.

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Religare Health Insurance gets Best Travel Insurance award

Religare Health Insurance gets Best Travel Insurance award

17 Dec 2018 | 7:06 PM

New Delhi, Dec 17 (UNI) Religare Health Insurance has been conferred India’s ‘Best Travel Insurance’ award at ‘The India Travel Awards’.

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Lava brings heavy discounts on top selling smartphones

17 Dec 2018 | 7:03 PM

New Delhi, Dec 17 (UNI) Lava International Limited on Monday announced heavy discounts on all their top selling smartphones making them even more affordable now.

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Bajaj Auto launches Platina 110 bike at Rs 49,000/-

Bajaj Auto launches Platina 110 bike at Rs 49,000/-

17 Dec 2018 | 6:16 PM

New Delhi, Dec 17 (UNI) Automobile company Bajaj Auto on Monday launched the new Platina 110 to provide customers with a new standard in ride comfort at the price of Rs 49,197 (ex-showroom Delhi).

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Govt's total liabilities grew up to Rs 82,03,252 cr in Q2

17 Dec 2018 | 6:07 PM

New Delhi, Dec 17 (UNI) Total liabilities of the government has increased to Rs 82,03,252 crore by the end of September 2018, the Government said on Monday.

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