Samsung, Philips among others raided by EU over restricting online sale

Last Updated: Saturday, December 7, 2013, 12:36

Samsung and Philips were recently raided by the European Commission inspectors, including several other consumer electronics companies, over restricting online sales.

Philips India gets new CEO and MD

Last Updated: Thursday, October 17, 2013, 21:48

"The Philips board of management announced the appointment of Rajeev Chopra, current CEO and Managing Director of Philips India, as Global Head of the Philips Consumer Luminaire Business Group," the company said in a statement.

Philips launches 1.5-billion-euro share buyback

Last Updated: Tuesday, September 17, 2013, 20:54

The company, increasingly focussed on healthcare, said it wanted to push ahead with its restructuring programme, including through job cuts.

Philips unveils `world`s most energy-efficient` LED lamp

Last Updated: Friday, April 12, 2013, 11:02

Philips has unveiled an LED lamp that it describes as `the world`s most energy-efficient`.

Philips bids farewell to audio-video business

Last Updated: Wednesday, January 30, 2013, 12:19

In future, the consumer division will focus on appliances such as shavers, toasters, juicers and coffee makers.

Philips to export solar LED street lights from India in 1 yr

Last Updated: Tuesday, October 2, 2012, 17:22

The company's Indian arm, Philips Electronics India, is currently executing a project for installing 19,000 solar LED street lights in Tamil Nadu in association with Tata Power Solar and Su-kam.

Philips bullish on its decorative lighting segment

Last Updated: Sunday, September 9, 2012, 21:54

The firm has opened 80 exclusive outlets in three years. The products at these lounges range from Rs.1,000 to Rs.1,00,000 depending upon the luminaire a customer wants.

Philips to build LED manufacturing centre in China

Last Updated: Wednesday, August 22, 2012, 12:00

Philips (China) Investment Co. Ltd. has started construction on an LED manufacturing centre in Chengdu, capital of southwest China's Sichuan province, authorities said.

Philips India launches Italian coffee machines for home use

Last Updated: Sunday, August 19, 2012, 13:07

Getting a whiff of coffee culture catching up in metros, Philips India is looking to cash in on the trend with the introduction of its Italian coffee making machines for home use.

Philips India bets big on male grooming products

Last Updated: Sunday, August 12, 2012, 14:50

Apart from selling just electronic shavers, the company has launched body groomers targeting young males mostly in the age bracket of 16-24 years, with an aim to tap a market which is estimated to be around Rs 1,500 crore at present.

Wipro, Cognizant bag multi-year deal from Philips

Last Updated: Tuesday, July 24, 2012, 09:37

Netherlands-based electronics giant Royal Philips Electronics has signed multi-year contract with software firms Wipro and Cognizant, estimated to be around USD 250-million.

Philips to localise products to minimise impact of rupee fall

Last Updated: Tuesday, May 29, 2012, 17:08

Consumer electronics firm Philips Tuesday said it will start producing some of its imported products, including induction cooker tops and shavers, in India to reduce the impact of rupee depreciation in future.