To fund expansion, Chinese electronics and auto companies like Xiaomi, SAIC and Haier in India tap reserves, loansSome like Haier and Midea Group are using a mix of cash reserves and loans including external commercial borrowings (ECBs), while financial...
26 Dec, 2024, 06.20 AM IST
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...
30 Apr, 2023, 07.18 PM IST
China's top banks to issue offshore loans to help developers repay debtThe regulators have given 'window guidance', or verbal orders that leave no paper trail, to the banks, setting a date of Dec. 10 by which t...
02 Dec, 2022, 01.31 PM IST
'Boycott China' trending online but little impact on consumer products salesOne of the senior leaders at a smartphone company, who did not wish to be named, said there is pent up demand for phones because people are...
18 Jun, 2020, 06.39 PM IST
Chinese phones continue to ring at full volumeThere has been no palpable impact on sales of Chinese electronics brands in the Indian market.
18 Jun, 2020, 02.00 PM IST
Chinese smartphone, electronic companies issues advisories for Chinese expatA top three smartphone maker has asked all Chinese employees and their families, including Indians married to Chinese, to be extremely care...
17 Jun, 2020, 08.19 PM IST
Chinese brands and retailers say no impact on sales due to border tensionFour leading cellphone and electronics retail chains said consumer sentiments towards Chinese brands have not changed since they perceive t...
17 Jun, 2020, 08.02 PM IST
Make in India: Carrier Midea to reach out its suppliersAir-conditioner maker Carrier Midea India is reaching out to its suppliers, many of whom are owned by one of its parent – China's top white...
14 Mar, 2020, 01.25 PM IST
White Goods makers to turn champions of Make in IndiaInvestments in excess of Rs 6,500 cr in the white goods sector have already been lined up for next 2 years.
22 Nov, 2018, 08.55 AM IST
Resistance is futile: China's conquest plan for robot industryChina plans to dominate the markets for AI, driver-less vehicles, etc. That would mean the loss of a huge number of jobs in many nations, i...
25 Apr, 2017, 03.03 PM IST
Chinese brands Konka, TCL plan re-entry into Indian duables marketIn India, most Chinese brands have underperformed because of perception regarding product quality.
13 Aug, 2014, 05.32 AM IST
Carrier Midea to launch home appliances range in two yearsMidea's home appliances range includes refrigerators, washing machines, oven toaster griller (OTG), water heater and kitchen appliances.
27 Oct, 2013, 11.46 AM IST
Carrier Midea plans to expand kitchen appliances rangeCarrier Midea India today said it is planning to expand its offering in the kitchen appliances segment by bringing Midea's products in the ...
26 Jun, 2013, 05.48 PM IST
- Carrier, Midea to invest Rs 500 cr to expand capacity at plant
Consumer durables maker Carrier today said it will invest Rs 500 crore alongwith its joint venture partner Midea to expand its production c...
30 Oct, 2012, 08.14 PM IST
- Carrier to form JV with Midea; JV to invest Rs 500cr in India
Air-conditioner maker Carrier today said it has signed an agreement with China-based G D Midea Holding to form a joint venture.
10 Jan, 2012, 10.33 PM IST
Chinese home appliance maker Midea, US-based Carrier to form joint venture in IndiaChinese company Midea and US-based Carrier have agreed to set up a new JV in India, pooling their businesses and strengths in the country.
10 Jan, 2012, 03.12 PM IST
- Goldman Sachs gets approval for stake in Chinese tool maker
China will allow Goldman Sachs to buy a share in a local tool maker after it rejected two earlier plans for the US investment bank to buy i...
13 Nov, 2007, 11.15 AM IST