Daikin India forms JV with Taiwan firm
Financial Express Bengaluru|December 18, 2024
DAIKIN INDIA, THE Indian subsidiary of Japan's Daikin Industries, on Tuesday announced that it has formed a joint venture with Taiwanese AC compressor maker Rechi Precision to manufacture, design and sale of rotary compressors.
-FE BUREAU

Under the JV, a new manufacturing plant will be set up in Sri City, Andhra Pradesh, with products catering to both domestic and overseas markets.

هذه القصة مأخوذة من طبعة December 18, 2024 من Financial Express Bengaluru.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 18, 2024 من Financial Express Bengaluru.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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Financial Express Bengaluru

The KYC crisis

Govt needs to take responsibility as nobody should be denied access to bank accounts for no fault of their own

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Financial Express Bengaluru

Weak dollar helps rupee post best day in 3 weeks

THE RUPEE ROSE on Wednesday as a broadly weaker US dollar spurred gains in most Asian currencies, with investors fretting over a slowdown in the US and how trade tariffs may impact the world's largest economy.

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Financial Express Bengaluru

China Sets Bullish Growth Target of About 5% for 2025, Despite US Tariffs

CHINA SET a forceful economic growth goal at about 5% for 2025, raising expectations for officials to unleash more stimulus later this year as they confront a trade war with Donald Trump.

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Financial Express Bengaluru

Ukraine willing to negotiate: Trump

US PRESIDENT DONALD Trump said on Tuesday he received a letter from Ukrainian President Volodymyr Zelenskyy in which the Ukrainian leader expressed willingness to come to the negotiating table over the Russia-Ukraine war.

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Financial Express Bengaluru

Madhya Pradesh @2047: CII Report Sparks Hopes for a $2.1 Trillion Economy

According to a report by the Confederation of Indian Industry (CII), Madhya Pradesh's Gross State Domestic Product (GSDP) is projected to reach $2.1 trillion (Rs. 248.6 lakh crore) by 2047-48.

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Financial Express Bengaluru

75% of Indian businesses grapple with SaaS rollout delays

AS INDIAN ENTERPRISES increasingly adopt Software-as-a-Service (SaaS) solutions to drive digital transformation, 75% of those that have done so since 2020 have faced implementation delays, leading to an average timeline overrun of 57% and a cost overrun of 43%, according to Zoho-IDC.

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Financial Express Bengaluru

Blackstone to buy South City Mall in Kolkata for ₹3,480 cr

IN THE LARGEST deal in the mall space, global investor Blackstone Group is set to acquire South City Mall in Kolkata for ₹3,480 crore ($400 million), said people familiar with the matter.

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Financial Express Bengaluru

Nithin Kamath Becomes EY Entrepreneur of the Year '24

NITHIN KAMATH, FOUNDER & CEO of Zerodha, is the EY Entrepreneur of the Year 2024 — for his low-margin, high-volume strategy that has transformed the brokerage industry.

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Financial Express Bengaluru

Focus on trade, tech, Ukraine as Jaishankar meets Starmer

DAYS AFTER HE hosted an emergency meeting of European leaders in support of Ukraine and its President Volodymyr Zelenskyy — after the latter's public showdown with US President Donald Trump and Vice-President J D Vance at the White House — British Prime Minister Keir Starmer \"shared UK's perspective\" on the conflict with External Affairs Minister S Jaishankar in London on Tuesday night.

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Financial Express Bengaluru

Telcos fear Trai role may get diluted in new regime

THE ROLE OF the Telecom Regulatory Authority of India (Trai) as the sector regulator is likely to get diluted once the new telecom authorisation regime kicks in, telecom operators said on Wednesday.

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