In order to achieve cost leadership, Blue Star has also implemented a Total Cost Management (TCM) programme.
With this move, Samsung is tapping into the growing market potential in India.
OnePlus currently manufactures flagship devices in India, as well as mid-premium smartphones and smart TVs.
Jeon brings with him over 20 years of experience in the consumer electronics industry.
Average P/E ratio of Nifty Consumer Durables Index is currently 56.32
The holding of TCP Overseas in Joekels will increase from 51.7% to 75% of the equity share capital.
Recent weakness has occurred as a result of production halts at a major iPhone plant in China.
Bigbasket should strengthen its business model before going public, as efforts to stop the unrelenting stock crash.
In conversation with Sheetal Agarwal of IIFL, management of the IPO-bound company discussed the company's plans.

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