Bharti Enterprises-Warburg to plug into Haier’s India armBharti Enterprises and Warburg Pincus are acquiring a significant stake in Haier India. This partnership aims to boost Haier's competitiven...
Indian titans storm a Korean stronghold. What can happen?India's home appliance market is set for a shake-up as Reliance and Bharti Enterprises enter, challenging Korean giants LG and Samsung. Bha...
China clears Haier to dilute stake in India arm; Bharti–Warburg set to buy 49%: SourcesChinese government has reportedly approved Haier's sale of a 49% stake in its Indian arm, Haier Appliances India, to the Bharti Enterprises...
Bharti-Warburg joint venture to raise $450 million debt for Haier stake buyout, sources sayBharti Enterprises and Warburg Pincus's joint venture plans to raise 40 billion rupees ($451 million) by issuing bonds in the next quarter,...
Beijing’s Pakistan stand deepens India-China divide, clouding Haier and PLI-linked JV dealsIndian firms anticipate stricter regulations for partnerships with Chinese companies due to China's support for Pakistan. This situation ca...
Sunil Mittal set to buy $2 billion stake in Haier IndiaSunil Mittal is planning to acquire a significant stake in Haier India. He is partnering with Warburg Pincus for this deal. The potential a...
Thanks to Trump, Chinese firms are warming up to IndiaChinese companies are now more open to diluting stakes in favour of Indian entities due to Trump's tariffs. Reliance Industries is a key co...
After Sunil Mittal, Mukesh Ambani's Reliance aims for Haier India stakeReliance Industries has emerged as a strong contender for a significant stake in Haier India, potentially competing with a consortium led b...
Trump tariff impact: Chinese giants like Haier, Shanghai Highly agree to minority stakes under Indian FDI normsChinese firms like Shanghai Highly and Haier are now more willing to accept Indian conditions for expansion, including minority stakes in j...
Haier announces fresh manufacturing investment of Rs 800 crore in India to expand its AC production capacityHaier is investing Rs 800 crore in India to expand its air-conditioner production and start PCB manufacturing. The new AC plant will increa...
Family offices, PEs team up for $1 bn stake in Haier's India operationsFamily offices of prominent industrialists and leading private equity funds, including Warburg Pincus, Bain Capital, and others, are consid...
China's top TV company plans to buy 26% stake in Indian contract manufacturer Epack Durable's subsidiaryHisense Group is planning to acquire up to 26% stake in Epack Durable's subsidiary for establishing a large appliance manufacturing facilit...
China's Haier Group plans JV with JSW Group envisaging Rs 1K cr investmentChinese appliance giant Haier Group has submitted a proposal to the Indian government to form a joint venture with India's JSW Group. The p...
- Haier buys Anchor Daewoo's appliance biz
The brand rights for the South Korean electronics brand Daewoo in India would, however, continue to be held by the Anchor Group and would n...
- Anchor in talks to sell stake to Japanese co
Anchor Electricals, the Indian electrical market leader in switches and accessories, is in advanced talks with Japan’s National Matsushita,...
- Anchor shifts loyalties from Daewoo
Anchor Industries, promoter of the Anchor-Daewoo combine, has become an OE supplier to competitors like Haier Appliances, which may eventua...
- Chinese co gets FIPB nod
Finance Minister Jaswant Singh today approved 25 FDI proposals, recommended by the Foreign Investment Promotion Board (FIPB), amounting to ...