Bosch expands India footprint: German giant acquires 74.2% in Johnson Controls-Hitachi AC India; marks its biggest global acquisition
Tuesday, 5 August 2025 () Bosch is poised to significantly expand its presence in India by acquiring a 74.2% stake in Johnson Controls-Hitachi Air Conditioning India (JCHAI). This acquisition, part of a larger $8 billion global deal, will see Bosch taking control of JCHAI, including Hitachi's 40% ownership.
As Trump ramps up aggressive foreign policies in his second term, fears rise over a potential global conflict. A growing trilateral alliance between Xi Jinping, Vladimir Putin, and Narendra Modi could present a historic challenge to U.S. power. With Russia’s nuclear might, China’s economic...
Amid growing U.S. pressure over India’s purchases of Russian oil, Moscow has offered India a 5% discount to soften the impact of American tariffs. Russian diplomat Roman Babushkin criticized the U.S...
At White House Meeting, German Chancellor Friedrich Merz urged Donald Trump to press Russia for a ceasefire, stressing it must be agreed on “by the next meeting.” Merz said he cannot imagine..
Prime Minister Narendra Modi is expected to visit the U.S. next month for the UNGA summit, with a possible meeting with Donald Trump to address strained trade relations. Ties have soured after Trump..
Tuesday, 5 August 2025 ()
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