haier smart home co

Sunil Mittal, in collaboration with Warburg Pincus, is reportedly in advanced talks to acquire a 49% stake in Haier's Indian division, Haier Appliances (India) Pvt., valued at approximately $2 billion.

Reliance Industries is reportedly vying for a stake in Haier India, potentially competing with a consortium led by Sunil Mittal. Haier, seeking a strategic partner, may dilute 25-51% equity, targeting a valuation of $2-2.3 billion. This move comes amid U.S. tariff pressures and India's cautious approach to Chinese investments.

Reliance Industries, led by Mukesh Ambani, has emerged as a strong contender to acquire a significant stake in Haier's Indian operations, intensifying competition with a consortium led by Sunil Mittal. Haier aims to reduce its equity, seeking a valuation of $2-2.3 billion, as Chinese firms are more open to partnerships with Indian entities.

Apple is expanding its chip development, creating specialized processors for smart glasses, more powerful Macs, and dedicated AI servers. The smart glasses processor, slated for mass production in late 2026 or 2027, signals Apple's entry into the smart glasses market. Furthermore, Apple is developing AI server chips to enhance Apple Intelligence services and new Mac processors for future devices.

Xiaomi has introduced the QLED TV FX Pro and 4K TV FX series in India, offering a blend of advanced audio-visual technology and smart features. Available in 43-inch and 55-inch sizes, these TVs support HDR10+ and feature 34W Dolby Atmos speakers.

PhonePe has launched its next-generation SmartSpeaker, manufactured in India, boasting enhanced connectivity and power efficiency. The upgraded device utilizes a 4G network for faster speeds and greater reliability. It fully charges in 75 minutes and offers a standby battery life exceeding seven days.

Xiaomi India has launched an AI-enabled customer support center, becoming the first smartphone brand in India to offer support in 11 regional languages. This initiative provides 24x7 assistance via chat and social media, promising faster resolutions. Xiaomi continues to innovate with features like live video assistance, aligning with its smart ecosystem vision.

Panasonic is set to reduce its global workforce by 10,000 jobs, representing 4% of its total employees, as part of a major restructuring effort. The company aims to streamline operations, recover lost market share, and better compete with Chinese rivals.

This 90s Bollywood star, is India's wealthiest actress. Her net worth is Rs 4,600 crore. This isn't just from acting. Her co-ownership of Kolkata Knight Riders is a major factor. She also has stakes in Saurashtra Cement. Plus, she owns restaurants and lives lavishly. Her car collection includes Aston Martin and Mercedes-Benz models.

International human rights lawyer Amal Clooney, wife of George Clooney, faces potential US entry restrictions due to her involvement with the ICC's Netanyahu arrest warrant. Born in Beirut and educated in the UK and US, Amal's net worth is estimated at $50 million, stemming from her legal career, investments, and philanthropic work through the Clooney Foundation for Justice.

Qubo, the Hero Group's smart devices brand, has announced exceeding Rs 275 crore in revenue for the past financial year. Starting with a Smart Security Camera in 2019, Qubo now offers a wide range of best-selling products, including Smart Door Locks and Dashcams.

Reddit CEO Steve Huffman, upon his return in 2015, initiated a cultural overhaul, prioritizing business objectives and productivity over excessive idealism. Huffman addressed what he saw as an entitlement issue prevalent in Silicon Valley, urging employees to work harder.

Evera Cabs is expanding its electric taxi service by acquiring 500 repossessed EVs from BluSmart, which faced operational suspension due to financial irregularities. Evera is also onboarding BluSmart drivers, including a significant number of women, to meet the rising demand for electric cabs, particularly around Delhi airport. This move fills the market gap left by BluSmart's shutdown.