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Borosil group eyes Rs 2,000-crore turnover in 5 years

​​The Borosil group, which comprises two listed entities Borosil Glass Works Ltd and Gujarat Borosil Ltd, expects to attain a combined turnover of around Rs 1,000 crore in the current financial year and from there, it hopes that it has "potential" to double it in the next 4-5 years.




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TTK Prestige aims to double turnover in 5 years

Besides, TTK Prestige has plans to expand its distribution network further and expects higher sales from fast-growing online channels.




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Landmark Group introduces Cash-and-Carry furniture to spur growth

The home furnishing chain, which currently has 50 stores in 27 cities, also cited longer replacement cycles as reason for low sale of durable big-sized furniture such as three and five-seater sofa sets.




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Ikea all set to lock horns with Google & Amazon, partners with Swedish firm to break into audio device market

Home audio is not the only segment that the two firms are targeting. Other products in the range include lights, crockery, furniture, and other knick-knacks like a reflective raincoat and a cajón. Some of the devices like the speakers and smart lighting bulbs can be connected together.




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More custom duty from furniture to kitchenware: Multiple duties singe Ikea

Budget raised custom duties on wooden furniture, tableware etc. Ikea imports about 75% of its products.




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Duty hike on furniture may not hurt you

Imported furniture items account for only 15-20% of all furniture that are being sold online in India at present, according to industry estimates. The majority, including bigticket wooden items such as beds and sofas are being manufactured within the country.




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IKEA new CEO targets 'even more affordable' furniture as habits shift

"I think we could broaden the product range a bit in our lower price range," Abrahamsson Ring said, adding that new materials, production techniques and distribution methods would help make IKEA "even more affordable".




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Online furniture seller Wayfair cuts 550 jobs, 3% of workers

Most of the layoffs are at its Boston headquarters and its European office in Berlin. The company has about 17,000 employees worldwide.




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Ikea not to pass on duty hike impact on imported furniture to customers

In the Union Budget 2020 announced on February 1, Finance Minister Nirmala Sitharaman announced to increase customs duty on imported furniture from the present 20 per cent to 25 per cent. The move was aimed to protect the interest of the MSME segment. Ikea opened its first store in the country in Hyderabad in August 2018.




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Pepperfry to aggressively add local furniture players now to expand supply

The Mumbai-based startup is currently in talks with local furniture players in the country. It is looking to add 8-10 new partners every month and take the count to a total of 150-180 suppliers by the end of 2020.




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IKEA says visitors returning fast to reopened shopping centres in China and Germany

A majority of IKEA stores are or have been temporarily closed in recent months. A few stores in Germany and Israel, as well as the one in Wuhan, the city in China where the coronavirus was first discovered, reopened this week.




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Take Note: Cariol Horne And Damon Jones On The Need To Reform Against Police Brutality

Veteran law enforcement officers Damon K. Jones and Cariol Horne are speaking out against police brutality and calling for reform. They talked with WPSU about the challenges they have faced as minorities in the police force, their thoughts about the Black Lives Matter movement and why change is necessary. Transcript: Cheraine Stanford: Welcome to take note on WPSU. I'm Cheraine Stanford. We're joined today by two activists advocating for law enforcement reform. Cariol Horne was a police officer in Buffalo, New York, for nearly two decades. When she was fired after she says she was assaulted by a fellow officer while attempting to stop him from choking a handcuffed man. Damon K. Jones has worked in the West Chester Department of Corrections for 28 years. He represents the state of New York in the organization, Blacks in Law Enforcement of America. The two came to Penn State as part of a panel called “Black lives inside of blue lives” to discuss the question: What happens when Black




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Take Note: Shih-In Ma On Her Spiritual Journey And Social Justice Advocacy

Shih-In Ma is a social justice advocate who works to promote diversity and inclusion in Centre County. The State College native and Penn State alum, left a corporate career at IBM to begin a journey of spirituality, self-reflection and meditation. Her journey has taken her around the world and included spending four years in India with Amma, who's known as the hugging saint. Shih-In Ma teaches meditation and shares opportunities for others to gain better insight and understanding of those around them. TRANSCRIPT: Cheraine Stanford Welcome to Take Note on WPSU, I'm Cheraine Stanford. Shih-In Ma is a social justice advocate who works to promote diversity and inclusion in Centre County. The State College native and Penn State alum, left a corporate career at IBM to begin a journey of spirituality, self-reflection and meditation. Her journey has taken her around the world and included spending four years in India with Amma, who's known as the hugging saint. Shih-In Ma teaches meditation




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Take Note: Shaheen Pasha On Teaching Journalism In Prisons

Penn State assistant teaching professor Shaheen Pasha is an advocate for more journalism courses to be taught in prison. She talked with WPSU about a reporting class she taught to both prisoners and journalism students in Massachusetts, the benefits of learning about our mass incarceration system from the people who are living it and her plan to create a program here in central Pennsylvania. TRANSCRIPT: Min Xian: Welcome to Take Note on WPSU. I'm Min Xian. Shaheen Pasha is an assistant teaching professor at Penn State's College of Communications and advocates for more journalism courses to be taught in prison. Previously, she was an assistant professor at the University of Massachusetts Amherst, where she launched a social justice journalism course focused on mass incarceration at the Hampshire County Jail bringing together prisoners and UMass journalism students. Pasha was a 2018 Knight Visiting Nieman Fellow at Harvard. She's also a veteran journalist who has covered legal issues,




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Take Note: Author Of 'Anti/Vax' On What We Can Learn From Past Vaccine Controversies

Bernice Hausman is chair of the Department of Humanities in the Penn State College of Medicine. She’s recognized for her research on vaccines and breastfeeding, including why both can be controversial in the United States. She has written several books, most recently "Anti/Vax: Reframing the Vaccination Controversy," which was published last year. WPSU's Anne Danahy spoke with Hausman about what we can learn from past vaccine controversies about the COVID-19 epidemic.




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WPSU's Story Corps Vietnam: Craig Yarnell

As a part of WPSU’s radio, TV and web project “The Vietnam War: Telling the Pennsylvania Story,” we’re bringing you oral history interviews with Vietnam veterans. Craig Yarnell talked about being drafted into the infantry in the Vietnam War in 1968.




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North Carolina Governor: More COVID-19 Test Supplies Needed

North Carolina Gov. Roy Cooper responded to President Donald Trump’s plan to reopen the economy by stressing that the state needs the federal government’s help supplying medical professionals to ramp up COVID-19 testing. The state government also said Friday that it was tripling the staff handling unemployment claims as the state faces a crush of hundreds of thousands requests. Trump told governors Thursday that restrictions could be eased to allow businesses to reopen in the coming weeks in areas that have extensive testing and a decline in cases. Hours later, Cooper, a Democrat, said states need more supplies from the federal government to expand testing enough to reopen their economies.




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Hundreds Demand North Carolina Governor End Stay-Home Order

Hundreds of people angry and frustrated with North Carolina Gov. Roy Cooper’s stay-at-home order marched around his home while demanding that he cancel it to help restore the state's economy. The crowd gathered on Tuesday before being escorted by Raleigh police motorcycles to walk through downtown Raleigh streets, including those surrounding the Executive Mansion. Cooper’s current order expires April 29, but the governor has said goals still must be met to ease movement and commerce restrictions. He says he'll release more specifics this week about quantifying those goals. Governors of some surrounding states already have announced plans to reopen some businesses.




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North Carolina Governor Signs $1.6 Billion COVID-19 Bills

North Carolina Gov Roy Cooper has signed legislation pumping $1.6 billion into schools, hospitals, local governments and researchers dealing with the coronavirus pandemic. Cooper signed the two bills during a conference call on Monday. They represent a compromise between measures approved separately in the Senate and House last week, with input from the governor and legislative Democrats seeking items in Cooper's own $1.4 billion request. The $1.6 billion is less than half of North Carolina's share received from the $2 trillion coronavirus relief law that Congress approved last month.




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Perspective: What Does It Take To Govern Well?

What does it take to govern a nation well? This question has risen to the top of my list of concerns during these challenging Covid-19 days. And yes, it has increased my level of anxiety about the future of our nation and its citizens. Like me, you’re probably experiencing nagging anxieties about staying safe. Will I find toilet paper rolls today? Am I protecting myself enough when I bring groceries into the house, or after handling the pump at the gas station? But a much broader and significant issue for me is leadership – leadership that secures the future of our well-being as individuals, families and a healthy nation. I know leadership theories and training can vary greatly, but I have found a common denominator of leadership excellence. I call it “Maturity of Self-hood.” It’s a leader who is secure as a person, who knows her strengths as well as what triggers negative reactions in her. It is someone who is passionate about new possibilities, but tempers this by listening to ideas




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Fund-starved Karnataka raises liquor duties, distillers say move won’t help anyone

Chief minister BS Yediyurappa has been exploring revenue opportunities, and plans to also auction off plots of land in and around Bengaluru to mobilise funds. The revised retail prices will take effect Thursday. The CM has, however, spared beer and wine.




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With 45 pc of national intake, southern states draw 10-15 pc revenue from liquor: Report

The five southern states of Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Kerala together consume as much as 45 per cent of all liquor sold in the country, the report by Crisil said. While Tamil Nadu and Kerala top the list in revenue percentage terms at 15 per cent each, for Kerala the tax on liquor is its single largest revenue source.




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Corona blues to take the punch out of liquor business in FY21: Pernod Ricard

Pernod Ricard, estimated to have revenues of Rs 21,000 crore in India in 2019-20 on sale of around 55 million cases, sells imported brands such as Chivas Regal, ABSOLUT, Glenlivet and Jameson, apart from the locally-made large-selling ones such as Royal Stag, Blenders Pride, and 100 Pipers.




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UP govt warns of stern action against liquor vendors overcharging customers

Following instructions from Excise Minister Ram Naresh Agnihotri, principal secretary (excise) Sanjay R Bhoosreddy said that a rate higher than the fixed MRP cannot be charged by liquor vendors under any circumstances.




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Adidas warns of big coronavirus hit to China sales

China accounted for 20% of Adidas sales in 2018. It sells its products from about 12,000 stores in China, most franchises plus fewer than 500 of its own stores. Almost a fifth of its shoes and apparel are produced in the country.




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Smartwatches help Titan turn around business

“Titan phased out its older models and launched Fastrack’s Reflex 2.0 in the 2018Q3. It helped the brand to get a healthy 70% sequential growth in its overall shipments in the overall wearable segment,” IDC said.




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Holly Herndon ‎– Proto

CD – 4AD

In her previous two albums – Movement and Platform – Holly Herndon has already demonstrated her vocal control in a very original and structured way, despite the use of distortions, effects and extreme edits. She was perfectly




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Trump helped Apple begin its India retail journey: Cook

In an interview with Fox Business, Cook said: "I see India as a huge opportunity for us. For years, we could not enter there unless we entered there with a partner into retail and we did not want to do that. We wanted to maintain control of our brand and so forth".




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Covid lockdown: Smartphone makers ping government for essentials tag

Industry bodies Manufacturers’ Association of Information Technology (MAIT) and India Cellular & Electronics Association (ICEA) have written to the government seeking concessions in the delivery of smartphones among other electronics devices and removal of restrictions on the movement of components for inland and export purposes.




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Toonz Animation ties up with Gummybear International

Toonz Animation, the flagship division of leading content company Toonz Entertainment, has signed a major deal with Gummybear International Inc.




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Free Download from Anders Osborne

The new CD by Anders Osborne "Peace" is currently featured on The Sound. From that CD, enjoy a free download of 47 .




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With no counter sales or deliveries, bookstores turn to social media to engage customers

Readers have placed online orders and bookstores are keeping a track of each order and are hoping to cater to every such customer once the situation gets better.




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Jaquar aims $1 bn turnover by 2022, to open 15 stores globally

The company, which aspires to be a global brand in the segment, is in the process of opening 15 exclusive brand showroom 'Jaquar world' across the globe.




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Bed Bath and Beyond sinks as doubts around turnaround linger

Bed Bath and Beyond has been struggling to boost sales in the face of changing consumer preferences towards online furniture retailers such as Wayfair Inc.




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Consumer durables Q4 earnings preview: Profits may fall up to 40% on erratic sales

Most consumer durables companies in India rely on imported components. Poor input supplies since January and later closure of factories, malls, shops and offices due to the lockdown hit consumer demand badly.




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Can Mukesh Ambani turn Hamleys into a titan or it'll just be a trophy buy?

Even with Reliance's considerable experience, turning a trophy into a titan isn’t a given.




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Iconic toy maker Lego in talks with the Indian government to prioritise play

Rohan Mathur, senior regional sales manager - South Asia for The Lego Group spoke to ET about the toy industry, company’s India plans and its recent event in Delhi engaging the Indian government to prioritise play.




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Karnataka Bank reports Rs 40.39cr fraud by Hanung Toys and Textiles

​​H​​anung Toys and Textiles Ltd (borrowing account) dealing with the bank since 2008 had availed various credit facilities under consortium arrangement wherein, Karnataka Bank was one of the member banks, it said in a regulatory filing.




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Toonz Retail expects 30% of turnover from overseas

Toonz has signed a deal with Tariq Albassami Group for opening 10 stores in the Gulf region in the next one year.




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Kidswear brand Toonz Retail looks at Gulf for international expansion

Omni-channel kids wear retailer Toonz Retail India has announced a partnership with Tariq Albassami Group for entering the Gulf Cooperation Council region.




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Toonz Retail targets Rs 100 crore turnover by FY19

which are high on potential and aspirations.From mix point of.




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L'Oreal India enhances maternity leave to 26 weeks

To help new mothers ease back into work, they can also avail of reduced work hours for two continuous weeks immediately after resuming work.




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Nivea maker warns of margin threat as niche brands disrupt industry

"The consumer goods industry... is in turmoil," new Beiersdorf CEO Stefan De Loecker, who took over on Jan. 1, told a presentation to analysts. "I need to act now."




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VLCC to open 50 institutes in India; plans to go international

With the opening of more institutes, VLCC is eyeing a 35 per cent year on year revenue growth. In FY 2018, it had a turnover of Rs 55 crore for the skilled business.




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Fogg-maker launches Pretty 24 that debunks fairness proposition

There is no market for me today because every brand in the category has convinced the consumer that they need to look fair to be successful in life.




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Cosmetics brand Flormar ties up with Rel Retail to begin India journey

Reliance Trends is the fashion and accessories arm of Reliance Retail.




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AVA Group targets Rs 500 crore sales turnover in FY20

The company, celebrating its 50th anniversary, has lined up a string of new products for the future.




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Covid-19 outbreak: Delhi government to check hoarding of sanitisers, fine violators

Since hand sanitisers have been declared as essential commodity under the Essential Commodities Act, action can be taken against dealers involved in hoarding and black-marketing of the product. The retailer/ manufacturer/ trader overcharging a consumer can be prosecuted under the Legal Metrology Act, 2009, and Packaged Commodities Rules, 2011, the government said in a statement.




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Government bans export of sanitisers, all types of ventilators

“The export of all ventilators including any artificial respiratory apparatus or oxygen therapy apparatus or any other breathing appliance/devices... is prohibited with immediate effect,” the the Directorate General of Foreign Trade (DGFT) said in a notification.




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SJM’s Ashwani Mahajan raises concern over foreign funded e-pharmacies

SJM national co-convenor Ashwani Mahajan tweeted on this issue, tagging Prime Minister Narendra Modi, to flag his concern. . Mahajan had shared screenshots that said Aarogya Setu now brings to you online medical consultations (call and video), home lab tests and e-pharmacy.