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HITACHI HOME APPLIANCES
Bosch acquires majority stake in JCHAI, becomes major player in India’s AC marketRobert Bosch GmbH has significantly expanded its presence in the Indian home appliance market by acquiring a 74.2% stake in Johnson Control...- AC makers expect double-digit growth amid looming price hikesThe industry has gone for a price hike last quarter to mitigate the impact of soaring prices of components, metals especially copper and al...
- Consumer durables prices to go up 5-10% as makers feel heat of rising input costs"With an unprecedented surge in the cost of commodities, global freight and raw materials, we have taken steps to increase prices of our pr...
- Hitachi expects 15 per cent growth in room AC sales this yearAccording to its strategy, Hitachi, which is revamping its brand identity, would focus on south and west region markets.
- Delayed summer keeps appliance companies like LG, Samsung in coldGodrej Appliances business head Kamal Nandi said there is price aggression among brands because of depressed demand.
- LG Electronics India’s ex-marketing head Niladri Datta joins IFB AppliancesWhen contacted, Datta confirmed his appointment at IFB. But he declined to share further details on his new role.
- Hitachi expects Rs 2,000 crore AC sales in FY2016-17Airconditioner firm Hitachi Home & Life Solutions expects its sales to cross Rs 2,000 crore mark in the current financial year.
- Rising yen to hurt margins of India listed Japanese companies like Maruti Suzuki, Ricoh and HitachiThe operating margin for companies such as Maruti Suzuki gets impacted by 15-20 basis points with every 1% rise in the value of yen.
- Japanese companies like Ricoh, Hitachi heading towards challenging times on D-StreetJapanese companies listed on Indian exchanges are seen heading for challenging times on D-Street, after the Japanese Yen rose to an 18-mont...
- JCHAC to acquire 72 per cent of Hitachi Home and Life Solution (India)A promoter group firm of Hitachi Home and Life Solution (India) will acquire 72.41 per cent stake in the company for over Rs 1,616 crore.
- Hitachi rejigs top management of Indian operations"This is a part of Hitachi's transition to an 'autonomous decentralised global management structure' in which each region is able to lead i...
- Johnson Controls to buy 25.74% stake in Hitachi via open offerAs per the agreement, Johnson Controls will obtain a 60 per cent ownership in Hitachi Appliances. The deal excludes sales and service opera...
- Hitachi Home shares spurt 20 per cent after pact with Johnson ControlsEarlier in the day, Johnson Controls and Hitachi and Hitachi Appliances entered into a definitive agreement to form a global joint venture.
- Narendra Modi inaugurates Hitachi manufacturing unitNarendra Modi today inaugurated the manufacturing plant of Hitachi Home and Life Solutions (India) (HHLI) at Kadi here.
- New business will fuel growth: Hitachi India MD Ichiro IinoJapanese business conglomerate Hitachi has chosen India as its fifth headquarter outside Japan, after operating for almost 70 years in the ...
- Panasonic Home's 45% spurt sets off speculationPanasonic Home's market capitalisation rose 40% during the period despite the stock having the lowest earnings per share and net profit amo...
- Hitachi to launch first five-star rated window AC in IndiaConsumer durables firm Hitachi today said it will launch the country's most energy efficient -- five-star rated -- window air conditioners ...
- Hitachi, Oracle to sell China anti-piracy tagsJapanese electronics conglomerate Hitachi and US software firm Oracle will jointly market wireless tags in China that can be used to identi...
- Kolkata's Great Eastern plans national roll outGreat Eastern Appliances, a city-based chain of discount stores, is planning a national roll out of its recently launched hi-end tech retai...
- Hitachi H1 loss rises on lower sales, power plant shutdownHitachi said Tuesday its group net loss widened in the six months through September, hurt by mushrooming costs of repairing nuclear power p...
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