Philips India

Philips to expand male grooming, mother and child care range in India

Philips India, which recently launched the rechargeable intimate skin-protect grooming device OneBlade targeting Gen Z consumers, noted that premium products are rapidly gaining traction

Philips eyes strong double-digit growth as India nears top-five market spot

Philips is expecting double-digit growth in the short to mid-term in India, a "key market" for the Dutch multinational, a top company official said on Tuesday. India has the potential to come into its top five markets over the next five years, helped by the double-digit CAGR growth here, said Vidyut Kaul, Head of Personal Health, Philips Growth Region (JAPAC, ISC, META & LATAM). The company is encouraging domestic sourcing not only for the local markets but also for its global markets, he added. "We have committed to India being the key market, and we have been both for personal health products as well as our med tech products. We do a lot of sourcing out of India. So, that continues with the ambition. So, we continue to look at opportunities to scale back," Kaul told PTI. In India, Philips operates in the personal health business, including the beauty and grooming segment, where it has various products like hair dryers, hair straighteners, hair brushes, beard trimmers etc. Its ...

Versuni launches new range of Philips Air Purifiers: Check price, features

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

NCLT dismisses Philips India plea to buy minority stake over valuation gap

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

Philips appoints Bharath Sesha as new managing director for India

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

Philips ramps up investments in India with new innovation hub in Bengaluru

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 working to transform into a full-fledged home appliance maker

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

TPV Technology launches Philips TAB8967 5.1.2 Dolby Atmos soundbar: Details

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

TPV Technology launches Philips ANC headphones with swipe touch controls

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

Philips soundbars with Dolby Atmos, wireless subwoofer launched: Details

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

Philips SpeedPro Aqua review: Good cordless vacuum cleaner for small spaces

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 launches 3-in-1 air purifier with built-in heater at Rs 32,995

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)

LG ToneFree to Philips Fresh Air Mask, interesting devices launched in 2021

Business Standard lists five interesting devices launched in India this year

Philips AC3059/65 Air Purifier: Cleans the air of particulate matter, odour

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

Philips India to focus on consumer lifestyle, medical devices

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