Daikin India is the No 1 AC Brand
PANAJI: Amidst the ongoing Covid-19 waves and bumpy lockdowns across the country, Daikin India has emerged as the No 1 AC brand across the country for the first quarter of 2021. With a shift in lifestyle, the need for hygienic and useful living spaces have gone up. Work from home demands smart air-conditioning that technologically supports your daily needs in addition to providing the ability to manage the cooling, ventilation and air purification priorities. Daikin India, with a wide range of room ACs available across all price points have been the preferred choice of customers for decades, helping us be the No1 AC brand in country. “Made in India” has had a strong impact especially for our industry as the penetration levels of air-conditioning in India are still only 6-7%. With Indian customer becoming “Value Conscious” we have to pace cautiously between Market Share and Profitability. We want to most humbly “Educate, Cultivate and inculcate” customers and the market about Daikin’s technology, quality and efficiency. Our manufacturing growth engine in India is the biggest and largest HVAC ecosystem in India. It houses India’s biggest HVAC R&D center, Biggest Factory, Biggest Training Centre and Biggest Warehouse at Neemrana, Rajasthan. “We designed a product range to suit India’s extreme temperature range – as high as 52°C – by following Japanese processes adapted to Indian requirements,” says Kanwaljeet Jawa, MD and CEO of Daikin India. NT
Tatva Chintan Pharma Chem IPO opens on July 16
Mumbai: Tatva Chintan Pharma Chem Limited, a specialty chemicals manufacturing company engaged in the manufacture of a diverse portfolio of structure directing agents, phase transfer catalysts, electrolyte salts for super capacitor batteries and pharmaceutical and agrochemical intermediates and other specialty chemicals, is proposing to open its initial public offering of Equity Shares on July 16, 2021 and closes on July 20, 2021. The price band of the Offer has been fixed at Rs 1,073 to Rs 1,083 per Equity Share. Bids can be made for a minimum of 13 Equity Shares and in multiples of 13 Equity Shares thereafter. The Floor Price is 107.3 times the face value of the Equity Shares and the Cap Price is 108.3 times the face value of the Equity Share. The Equity Shares offered are proposed to be listed on BSE and NSE. ICICI Securities Limited and JM Financial Limited are the book running lead managers to the Offer. NT