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.from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5mKVgPp
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