Electrolux Home Appliances

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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......

Electrolux to outsource from Patni

Home appliances major Electrolux on Tuesday said it will invest Rs 40 crore (Rs 400 million) by 2007 in a research and development centre here, besides sourcing IT services from Patni Computers as......

PE major Advent snaps up Eureka Forbes for Rs 4,400 cr

After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent......

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