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ELECTROLUX GROUP
Electrolux to cut 3,000 jobs as sales fallSwedish home appliances maker Electrolux said Thursday it plans to cut some 3,000 jobs as it reported lower sales in the third quarter. In ...- China’s Midea is said to make takeover approach to ElectroluxMidea made a preliminary approach in recent weeks to the white-goods manufacturer about a potential deal, said the people, who asked not to...
- Electrolux slides into quarterly loss on weak N America sales, costsElectrolux, which competes with Whirlpool, Samsung and LG, is scheduled to publish its full fourth-quarter earnings report on February 2
- Electrolux announces 4,000 lay-offs worldwide"The majority of the targeted cost savings will be realised in business area North America", AFP reported the company as saying. It added t...
- SP Group looks at listing or stake-sale of Eureka ForbesA profit-making company, Eureka Forbes clocked revenues of Rs 2,388 crore in fiscal 2019.
- Videocon may exit Philips, Electrolux pactVideocon Group is planning to give up India rights for Philips TVs and Electrolux appliances as falling sales make operations unviable.
- Eureka Forbes to increase stake in Lux InternationalHome appliances major Eureka Forbes, is in advanced negotiations with Switzerland’s Lux International to increase its stake and take comple...
- Tata Group company Voltas set to sign a JV with ArcelikVoltas, the country's leading residential air-conditioner maker, plans to launch its own refrigerators, washing machines and microwave oven...
- Morf India to hawk Kelvinator water purifiersElectrolux today entered into a marketing licence with Morf India under which the latter will sell Kelvinator range of water purifiers.
- Demand lifts Electrolux Q2 profitsHigher demand in several markets including North America helped lift second-quarter earnings, Swedish home appliance maker Electrolux said ...
- HCL Tech inks 5-yr pact with ElectroluxIT major HCL Technologies said it has signed a five-year IT infrastructure management contract with home appliances maker Electrolux.
- Electrolux plans a second coming in IndiaThe world’s second-largest home appliance maker is entering the high-end built-in kitchen appliance business on its own.
- Electrolux reports mixed earnings newsElectrolux, the world's leading electrical appliance maker, reported a 53.2 per cent fall in second quarter net earnings that it attributed...
- ICICI okays $200-m credit line to VideoconICICI Bank has approved a $200-million (Rs 800 crore) credit line to the Videocon Group to acquire consumer electronic component firms in o...
- Videocon seals Daewoo Elec buyThe consortium led by Videocon Industries has signed a preliminary agreement to acquire South Korea’s beleaguered Daewoo Electronics for 70...
- Videocon buys Daewoo Elec for $700 mnThe deal was signed by a consortium led by Videocon and creditors of the troubled South Korean firm.
- Videocon's Uttaranchal plant to start from April ‘07The Rs 150 crore appliances manufacturing plant being set up by Videocon Industries at Kashipur in Uttaranchal will commence production fro...
- Electrolux-Kelvinator gets fresh lease of lifeElectrolux-Kelvinator has been merged with durables major Videocon Industries, and will be de-listed from the stock exchange.
- Dhoot makes acquisitions global strategyVideocon is set to acquire Daewoo’s consumer electronic business worldwide. Videocon group chairman VN Dhoot has made acquisitions a key el...
- Principal get FM’s okay to buy IDBI’s 50% in JVProposals of Principal Financial Group, South African Breweries, AB Electrolux and Caterpillar Inc. were among the 52 foreign direct invest...
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