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Haier India acquires Daewoo Anchor Electronics

The Indian operations of $13.9-billion Chinese consumer durables major Haier announced the acquisition of Daewoo Anchor Electronics in India.Daewoo Anchor’s facility, spread over 40 acres in Ranjangaon, Pune, manufactures refrigerators, colour televisions and washing machines. Haier plans to upgrade...
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Malabar Group’s Playaza to launch Rs 20 crore FEC in Kochi

The 23,000 sq. ft. outlet will be located at Centre Square Mall, MG Road, Kochi Bengaluru: Retail conglomerate Malabar Group’s...
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