GECs
Havells eyes 11% growth in FY14
KOLKATA: FMCG and electrical company, Havells India is looking at a growth of 10-11 per cent in the current fiscal 2013-14.
The company is investing a whopping Rs 50 crore for new home appliance facility at Neemrana – Rajasthan, said Havells associate director Y K Gupta in Kolkata on Thursday, on the sidelines of launching a range of products including, new air-fryer.
Tollywood actress Rituparna Sengupta launched a new range of home appliances.
The company said the total debt in the books of London based Havells Sylvania, subsidiary of Havells India, has come down to close to € 80 million and the loan had been rescheduled this year.
“The initial loan was € 220 million when we acquired it in 2007 and that has been reduced to € 80 million now. The repayment will be done through internal accruals of Havells Sylvania and there is no stress in that,” Havells officials said.
The company already has a large scale lighting fixture plant at Neemrana and is now expanding into new products. The plant is expected to be operational from February next year. Home appliances business which stood at Rs 200 crore is projected to jump to Rs 500 crore by 2015, the company said.
The company’s revenue accounted for Rs 7,248 crore while Rs 3,000 crore was the turnover came from overseas during the last fiscal.
“We are happy to launch two of our topline products during the festive period of Durga Puja. Food has always been an integral part of our celebrations and this Puja one can enjoy healthy food with the newly launched airfryer,” ended Gupta.
GECs
Samsung TV Plus launches Kings of Comedy channel
New free FAST channel brings iconic Hindi comedy shows to millions of Samsung Smart TV owners.
MUMBAI: Samsung TV Plus has just turned up the laughter volume and it’s completely free. The leading free ad-supported streaming television (FAST) service in India has launched Kings of Comedy, a premium comedy channel featuring some of the country’s most beloved primetime shows. Available exclusively on Samsung TV Plus, the channel delivers back-to-back hits including Comedy Nights with Kapil, Khatra Khatra Khatra, and Comedy Nights Bachao, with no login or subscription required.
The launch marks a milestone for free streaming in India, offering audiences a dedicated comedy destination directly from their Samsung TV home screen. It arrives as Samsung TV Plus India celebrates its 5th anniversary, during which the service has grown its monthly active users by 42 per cent and more than doubled its total viewing hours. The platform now offers over 180 free channels across 14 languages.
Samsung TV Plus India general manager and head of business development Kunal Mehta said, “Comedy is the heartbeat of Hindi entertainment, and Kings of Comedy brings together the shows Indians already love, completely free on their Samsung TV. Our focus remains the same take the content people know and make it effortless to access.”
Globally, Samsung TV Plus has surpassed 100 million monthly active users across more than 4,500 channels, solidifying its position as one of the world’s leading free streaming services.
Kings of Comedy is now available on all compatible Samsung Smart TVs. For viewers seeking non-stop laughter without any cost, this new channel delivers a royal treat proving that sometimes the best entertainment really does come with no strings (or subscriptions) attached.
