Electronics Sector

IRB Infrastructure Developers and Finolex Cables: ShareKhan Stock Recommendations

IRB Infrastructure Developers and Finolex Cables: ShareKhan Stock Recommendations

Stock market research house and brokerage ShareKhan has recommended hold for Finolex Cables and Buy for IRB Infrastructure Developers in its latest stock recommendation report.

Reliance Jio GigaFiber could be major disruption in Digital Entertainment Segment

Reliance Jio GigaFiber could be major disruption in Digital Entertainment Segment

Reliance Jio launch has been one of the biggest changes consumers have witnessed in telecom and mobile internet segment. The consumers received massive data on daily basis in affordable plans.

Bharat Electronics net profit surges 10.6% in Q4

Bharat Electronics net profit surges 10.6% in Q4Navratna defence PSU Bharat Electronics Ltd. (BEL) on Friday informed that its net profit for the January-March 2009 quarter grew by 10.6% to Rs 559.43 crore over the corresponding year-ago period.

The company had posted a net profit of Rs 504.83 crore in the same quarter, previous year.

Further, company's total income also rose to Rs 2783.03 crore in the quarter, up from Rs 2339.16 crore in the previous year-ago quarter.

Circuit City stores puts up the shutters for good!

Circuit CityThe six-decade long eventful business journey of Circuit City Stores Inc has sadly come to an end - with the renowned consumer electronics retailer putting up the shutters on its business for good on Sunday, March 8!

After the Richmond, Virginia-based Circuit City became the most prominent retailer to file for bankruptcy in November, amid recession, it had announced its intention of liquidating as it failed to find a buyer.

The proposed eight-week long going-out-of-business sales, announced by four liquidators, at the company's over

V-Guard is banking on cables biz

V-Guard is banking on cables bizV-Guard Industries, the Kerala-based manufacturer of voltage stabilisers, electrical and electronic products, is expecting its cable business to contribute significantly to the turnover this year. The business currently contributes 27% to its revenues.

With funds of Rs 65 crore raised from the IPO last year, the firm set up a low-tension (LT) power cables plant at Coimbatore and a house-wiring cables plant at Kashipur, Uttarakhand, both of which will start production in May. The LT cable unit has the capacity to produce 3,000 tonne of aluminium and 300 tonne of copper annually.

Hearst Corp intends launching wireless e-reader similar to Amazon’s Kindle

Hearst Corp intends launching wireless e-reader similar to Amazon’s KindleAccording to Fortune magazine's Friday reports, Hearst Corp intends launching a wireless electronic reader with a large-format screen this year - the proposed device would be big enough to meet the outlining and advertising requirements of newspapers and magazines.

The e-reader, meant for viewing the newspapers and magazines of the publisher, indicates a kind of experimentation that can be considered crucial for hitting upon a business model to contend in the age of the content-free Internet.