After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent......
Home appliances major Electrolux on Tuesday said it will invest Rs 40 crore (Rs 400 million) by 2007 in a research and development centre here, besides sourcing IT services from Patni Computers as......
Leading home appliances maker Electrolux today said it will be trimming its global workforce by more than 3,000 employees primarily in the wake of weakening demand in Europe and North America. The......
Philips in search of its mojo Viveat Susan Pinto and Sounak Mitra in Mumbai/New Delhi The Dutch major exited the TV and audio-visual segments recently. Will its attempt at repositioning its......
Electrolux Kelvinator, the Indian subsidiary of $17 billion AB Electrolux of Sweden, plans to launch a slew of new products and models this month.For the first time in India, EKL will launch......