Philips launches new smartphones

Last Updated: Tuesday, August 11, 2015, 20:01

The electronics major said that the phones were aimed at providing youth, professionals and technology enthusiasts with an uninterrupted and seamless smartphone experience.

Philips gets demerger nod amid small shareholders' opposition

Last Updated: Monday, July 6, 2015, 15:28

Some minority shareholders opposed the demerger and feared that the same was a precursor to hive-off the healthy business from the company in line with the parent company's move.

ITC slumps 4% as govt proposes ban on sale of loose cigarettes

Last Updated: Wednesday, January 14, 2015, 13:43

Shares of tobacco companies -- ITC and Godfrey Philips India -- fell sharply by as much as 4 percent Wednesday after the government proposed to amend the anti-smoking law and proposed radical changes, including ban on sale of loose cigarettes.

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 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 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.

Philips to cut 4,500 jobs globally, may also impact India

Last Updated: Monday, October 17, 2011, 18:35

The job cuts are part of a plan to save 800 million euros (USD 1.1 billion), the Netherlands-based Philips said in a statement.

Philips looks at India as domestic appliances innovation hub

Last Updated: Sunday, August 7, 2011, 13:25

Dutch consumer electronics firm Philips Sunday said it is looking to make India an innovation hub and develop more locally relevant products, particularly for its domestic appliances segment.