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...
28 Oct, 2022, 01.55 PM IST
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.
20 Nov, 2019, 11.28 AM IST
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.
13 Mar, 2018, 07.27 AM IST
- Eureka Forbes to increase stake in Lux International
Home appliances major Eureka Forbes, is in advanced negotiations with Switzerland’s Lux International to increase its stake and take comple...
11 Feb, 2013, 02.18 AM IST
- Tata Group company Voltas set to sign a JV with Arcelik
Voltas, the country's leading residential air-conditioner maker, plans to launch its own refrigerators, washing machines and microwave oven...
19 Oct, 2012, 06.15 AM IST
- Morf India to hawk Kelvinator water purifiers
Electrolux today entered into a marketing licence with Morf India under which the latter will sell Kelvinator range of water purifiers.
10 Jun, 2012, 01.52 PM IST
- Demand lifts Electrolux Q2 profits
Higher demand in several markets including North America helped lift second-quarter earnings, Swedish home appliance maker Electrolux said ...
19 Jul, 2010, 03.21 PM IST
- HCL Tech inks 5-yr pact with Electrolux
IT major HCL Technologies said it has signed a five-year IT infrastructure management contract with home appliances maker Electrolux.
22 Feb, 2010, 02.04 PM IST
- Electrolux plans a second coming in India
The world’s second-largest home appliance maker is entering the high-end built-in kitchen appliance business on its own.
21 Nov, 2008, 01.54 AM IST
- Electrolux reports mixed earnings news
Electrolux, the world's leading electrical appliance maker, reported a 53.2 per cent fall in second quarter net earnings that it attributed...
17 Jul, 2007, 05.10 PM IST
- ICICI okays $200-m credit line to Videocon
ICICI Bank has approved a $200-million (Rs 800 crore) credit line to the Videocon Group to acquire consumer electronic component firms in o...
02 Jul, 2007, 03.25 AM IST
- Videocon seals Daewoo Elec buy
The consortium led by Videocon Industries has signed a preliminary agreement to acquire South Korea’s beleaguered Daewoo Electronics for 70...
25 Oct, 2006, 01.06 AM IST
- Videocon buys Daewoo Elec for $700 mn
The deal was signed by a consortium led by Videocon and creditors of the troubled South Korean firm.
24 Oct, 2006, 01.00 AM IST
- Videocon's Uttaranchal plant to start from April ‘07
The Rs 150 crore appliances manufacturing plant being set up by Videocon Industries at Kashipur in Uttaranchal will commence production fro...
07 Sep, 2006, 05.40 PM IST
- Electrolux-Kelvinator gets fresh lease of life
Electrolux-Kelvinator has been merged with durables major Videocon Industries, and will be de-listed from the stock exchange.
22 Jul, 2006, 12.00 AM IST
- Dhoot makes acquisitions global strategy
Videocon is set to acquire Daewoo’s consumer electronic business worldwide. Videocon group chairman VN Dhoot has made acquisitions a key el...
06 Jul, 2006, 12.43 AM IST
- Principal get FM’s okay to buy IDBI’s 50% in JV
Proposals of Principal Financial Group, South African Breweries, AB Electrolux and Caterpillar Inc. were among the 52 foreign direct invest...
04 Apr, 2003, 04.04 AM IST