Reliance Retail Acquires Kelvinator to Expand Consumer Durables Footprint

Reliance Retail Acquires Kelvinator to Expand Consumer Durables Footprint

By Cygnus | 18 Jul 2025

Reliance Retail, under the leadership of Isha Ambani, has acquired the iconic home appliance brand Kelvinator, in a strategic move to bolster its position in India’s rapidly expanding consumer durables market.

Apple to source from US, build giga factory for AI servers in $500 bn pledge

Apple to source from US, build giga factory for AI servers in $500 bn pledge

25 Feb 2025

Apple has agreed to compensate the US economy for its overseas production of iPhones and iPads with fresh investments of up to $500 billion

ABB to acquire power electronics business of Gamesa Electric in Spain

ABB to acquire power electronics business of Gamesa Electric in Spain

20 Dec 2024

Electrical and instrumentation major ABB has agreed to acquire the power electronics business of Gamesa Electric in Spain.

Tatas to buy majority stake in Pegatron’s iPhone facility in Tamil Nadu: report

Tatas to buy majority stake in Pegatron’s iPhone facility in Tamil Nadu: report

19 Nov 2024

Tata Electronics and Taiwanese electronics manufacturer Pegatron Corporation have, reportedly, reached an agreement under which the Tata Group company

CCI finds Amazon and Flipkart favouring select phone makers like Samsung and Xiaomi

CCI finds Amazon and Flipkart favouring select phone makers like Samsung and Xiaomi

20 Sep 2024

The Competition Commission of India (CCI) has found e-market places Amazon and Flipkart to be colluding with select smartphone makes such as Samsung, Xiaomi and other major companies

Dixon to make laptops, desktops for HP in India under PLI scheme

Dixon to make laptops, desktops for HP in India under PLI scheme

10 Sep 2024

Diversified consumer electronic products manufacturer Dixon Technologies will manufacture HP laptops, notebooks, desktops and all-in-one PCs in India under an agreement to be signed with HP India.

Tata Electronics plans Rs7,000-cr expansion of Hosur plant

Tata Electronics plans Rs7,000-cr expansion of Hosur plant

10 Jan 2024

Tata Electronics has proposed to invest Rs7,000 crore for expanding production capacity at its Hosur plant. The proposal, which comes after the company’s acquisition of Wistron’s plant in Malur, could include setting up a unit to assemble Apple iPhones.

Apple looks to India, Japan and South Korea for iPhone, iPad components

Apple looks to India, Japan and South Korea for iPhone, iPad components

08 Dec 2023

Apple is reportedly seeking suppliers from India, Japan, and South Korea who can deliver vital components to its contract manufacturers in India as imports from China face government restrictions in India.

Realme achieves 200 million shipments milestone and announces upcoming launch of premium phones

Realme achieves 200 million shipments milestone and announces upcoming launch of premium phones

27 Nov 2023

Realme, a Chinese smartphone maker, has confirmed that they have shipped more than 200 million phones since their inception five years ago.

Apple's iPhone makes 62.5% of India’s smartphone exports, amounting to $5 billion

Apple's iPhone makes 62.5% of India’s smartphone exports, amounting to $5 billion

23 Nov 2023

In a remarkable feat, Apple Inc. has witnessed a staggering year-on-year growth of 177% in the export of iPhones from India, reaching a value exceeding $5 billion in the initial seven months of the fiscal year 2024 (April–October)

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