Philips in search of its mojo

Philips in search of its mojo Viveat Susan Pinto and Sounak Mitra in Mumbai/New Delhi The Dutch major exited the TV and audio-visual segments recently. Will its attempt at repositioning its......

Electrolux to slash more than 3,000 jobs

Leading home appliances maker Electrolux today said it will be trimming its global workforce by more than 3,000 employees primarily in the wake of weakening demand in Europe and North America. The......

ACs, refrigerators to cost more this summer

This summer, consumers will have to pay more for household appliances, especially ACs and refrigerators, with the likes of Samsung, LG, Godrej, Electrolux, Carrier and Whirpool contemplating a 2-7......

Consumer durable majors look at green option

Think of a television that runs on liquefied petroleum gas or a light that runs on solar power. Even as India is mulling legislation to make energy-efficient air conditioners and refrigerators,......