Philips India

The new range of Philips Air Purifiers are now available for purchase on the official Philips Domestic Appliances website and at select retail and online stores

The National Company Law Tribunal has dismissed the petition by Philips India to buy out the remaining 3.87 per cent from its minority shareholders, observing a "huge difference" between values determined by the company-appointed valuer and its minority investors. The Kolkata bench of NCLT though agreed with the "discounted cash flow method" adopted by the valuers appointed by Philips India and its minority shareholders but pointed out a "huge difference" between the price of the share determined by them. "While petitioner (Philips India) appointed valuer has valued it at Rs 740 per share, the respondent (minority shareholders) appointed valuer has valued in excess of Rs 4,500, by suggesting a range between Rs 4,605 to Rs 6,119," it said. The tribunal suggested that the situation may require a direction to the registered valuer to disclose the parameters factored while determining the price under the discounted cash flow method to reconcile two vastly different prices determined by

At Philips, Bharath Sesha succeeds Daniel Mazon, who has moved to a global role at Philips headquarters in the Netherlands

The latest centre of Philips in Bengaluru marks a significant landmark in the company's global footprint, alongside, playing a vital role in "revolutionising" healthcare in India and beyond

Voltas is also reviving its plan to make AC compressors locally in partnership with a South Korean or Japanese firm

The Philips TAB8967 soundbar has 5.1.2 channel audio set-up - three front facing speakers, two rear facing speakers, two upward facing speakers, and an 8-inch wireless subwoofer

Named Philips TAH8506BK, the headphones are priced at Rs 10,999. It will be available for purchase on Amazon India

Philips TAB8947 3.1.2 and Philips TAB7807 3.1 CH Dolby Atmos Soundbars will be available at Rs 35,990 and Rs 28,990 across leading online platforms and offline stores in the country

The addition of mop accessory gives the Philips SpeedPro Aqua an advantage over peers because most cordless cleaners make do with vacuum function alone

Philips Domestic Appliances India on Wednesday launched a multi-functional air purifier, which is touted to remove 99.95 per cent of particles as small as 0.003 µm (micrometre)

Business Standard lists five interesting devices launched in India this year

The Philips AC3059/65 air purifier is said to clean the surrounding air of more than just the particulate matter. How well does it do that? Let's find out

The announcement is of significance in India, where Philips is best known for its lighting division