Electronics and consumer durables makers are cutting dealer margins or rolling back schemes for retailers to protect their profitability.Samsung slashes dealer margins, LG to follow suit

The Union Cabinet approved a proposal to give preference to domestically manufactured electronic goods while procuring items which have security implications for the country. India manufactured electronic goods to get preference

Split ACs accounted for 85 per cent of Samsung's total sales of the segment in 2011. The company is expecting it to be 100 per cent this year.Samsung to stop selling window ACs this year

Siemens is gearing itself to address the growing demand of cities.Siemens eyeing double-digit growth in urban, infra segment

Panasonic's new ventures would include healthcare, security, energy and education. The company will also expand its beauty care and laptop businesses. Panasonic to move into new segments in India to avoid see-saw demand in durables mkt

Riding high on the exponential growth of urban areas, Siemens is eyeing double digit growth in revenues in its infrastructure and cities sector.Siemens eyeing growth in infrastructure and cities sector

Norbar Torque Tools will expand its distributor and service network in the country to address the market better. It will initially invest Rs. 10 crore for this purpose.Norbar Torque Tools steps up India presence via distributors

Mitsubishi Electric is ready to make a big push into industrial automation products space & is considering establishment of a greenfield plant of its own at Pune.Mitsubishi Electric contemplating greenfield plant in India

Blue Star plans to aggressively focus on the room air-conditioners segment this calendar year and is eyeing a market share of 9 per cent by end-December.Blue Star to aggressively focus on room AC segment

Mitsubishi Electric Corp has acquired its sales partner, the Messung Group, which makes programmable logic controllers and human interface machinesMistubishi Electric Corp acquires Messung Group

California-based Energetic Lighting is targeting Rs 500 crore revenue from its Indian venture in next two fiscals.Energetic lighting eyes Rs 500 crore revenue in two years

Bajaj Electricals has made a foray into the premium lighting segment with a new range of home decorative lighting and portable LED glow lanterns.Bajaj Electricals expands lighting range

The lightings division of Bajaj Electricals Ltd is aiming for a turnover of Rs 800 crore during the current fiscal, a 35 per cent growth vis-a-vis the previous year. Bajaj Lighting targets 35% growth in business in FY'12

Digital imaging firm Kodak India today said the bankruptcy filing by its parent in the US will not impact operations here.Bankruptcy filing in US not to impact India operations: Kodak

Air-conditioner maker Carrier today said it has signed an agreement with China-based G D Midea Holding to form a joint venture. Carrier to form JV with Midea; JV to invest Rs 500cr in India