In a bid to project itself as a more focussed enterprise providing simple technological solutions, Philips India is to start a re-branding exercise promoting the concept of 'sense and simplicity'.
Global management recognised India's potential.
In an attempt to establish its presence in the Indian mobile handset market, consumer electronics and lighting major Philips India Ltd is planning to launch a new mobile handset every second month and expects a fair share
Pegging the growth of the Indian television market at about 10 per cent in the next five years, Philips India on Thursday said the biggest growth markets for TVs would be smaller towns and rural areas.
Consumer electronics major Philips India Limited has embarked upon a paradigm shift in its marketing strategy to arrest falling market share of colour televisions by tapping the rural and semi-urban areas.
Priced at Rs 14,995 the product is targeted at urban and semi-urban consumers.
In his first interview after taking over as Philips India's vice-chairman and managing director, Krishna Kumar speaks to Business Standard on how the company is readying itself for the next few decades and the increasing importance of India to Philips' global operations.
Indian workforce prefers to work for companies operating in sectors like IT, followed by BFSI and retail & FMCG.
An interview with former IIT-ian and corporate head honcho Nabankur Gupta.
He may leave his mobile behind, but always carries his comb as it does not ring and is useful...
Even as there are signs of revival in the industrial sector, Indian industry leaders and economists are unanimous that fresh investment in green field projects is a year or two away at least, as huge capacities were still being under utilised.
Philips India Ltd has posted a net profit of Rs 381.80 million for the quarter ended December 31, 2002 as compared to a net loss of Rs 221.70 million in the corresponding period last fiscal.
To tap the rapidly expanding online retailing market, Philips Lighting, a subsidiary of the Dutch consumer electronics giant Royal Philips, has partnered 'exclusively' with Amazon to sell its latest product range.
Ten months after new Sebi norms set in, some senior directors still hold more board seats than allowed.
The case relates to the CWG street lighting scam, which had caused a loss of Rs 1.4 crore to the exchequer.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
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