
IKEA India to open its first city store in Mumbai
The Hindu
IKEA, the Swedish home furnishing retailer, after opening a large-format store in Navi Mumbai last year, will open a city store in Worli to cater to customers from South and Central Mumbai.The IKEA Ci
IKEA, the Swedish home furnishing retailer, after opening a large-format store in Navi Mumbai last year, will open a city store in Worli to cater to customers from South and Central Mumbai. The IKEA City Store in Worli will be the first-of-its-kind in India, following cities such as Paris, Moscow and Shanghai, it said. The city stores occupy between 50,000 - 100,000 sq ft of space whereas the traditional big IKEA store is typically 400,000 - 500,000 sq ft.
Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.











