Tag Archives: Consumer

Foxconn’s Consumer Electronics Revenue to Take a Hit in First Quarter Due to Coronavirus

Foxconn

Apple supplier Foxconn warned revenue would drop 15 percent in businesses including consumer electronics and enterprise products in the first quarter, but that it would recover thereafter as production returns to normal in virus-hit China. Foxconn is among manufacturers worldwide who are grappling with virus-related curbs that have upended supply …

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Chemical Industry Executive Nominated to Lead Consumer Watchdog Agency

Chemical Industry Executive Nominated to Lead Consumer Watchdog Agency

WASHINGTON — President Trump has tapped Nancy B. Beck, a former chemical industry executive, to lead the Consumer Product Safety Commission, an independent federal agency charged with protecting the public against dangers like toxic substances in products. Dr. Beck previously led the Environmental Protection Agency’s office of chemical safety, a …

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Wipro Consumer Venture Picks Up Stake In Grooming Startup LetsShave

Wipro Consumer Venture Picks Up Stake In Grooming Startup LetsShave

LetsShave has a user base of over a half-million customers and serves more than 18,000 pin codes Chandigarh: Wipro HQ has acquired a minority stake in LetsShave and signed an agreement to invest in the company. LetsShave is predominantly into the shaving domain and steadily expanding into grooming. It markets …

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Consumer Inflation At Nearly 6-Year High, Contraction In Industrial Output

Consumer Inflation Worsens To Nearly 6-Year High, Dashes RBI Rate Cut Hopes

Consumer inflation in January stood at the highest rate recorded since May 2014, official data showed Consumer inflation came in at 7.59 per cent in January – the highest rate recorded since 8.33 per cent in May 2014, government data showed on Thursday. Separate data showed that factory output – …

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