Healthcare Equipment and Supplies
Company Overview of Philips Electronics India Limited
Philips Electronics India Limited is primarily engaged in lighting, healthcare, consumer lifestyle, and software development businesses in India and internationally. It provides lamps, luminaires, lighting electronics, glass shells, fittings, accessories for fittings, electronic HF ballasts, glass tubings, modular switches, and automotive and special lighting products, as well as lighting products for roads, office and industrial, hospitality, and home sectors. It also offers diagnostic imaging products, including CT, MRI, X-rays, cardiovascular, nuclear medicine, PET-CT, and ultrasound imaging systems; obstructive sleep apnea management and home respiratory care products; and cardiology and...
DLF Cyber City
DLF Phase – 3, Sector 25
Key Executives for Philips Electronics India Limited
Chief Executive Officer and Managing Director
Senior Vice President of Finance
Compensation as of Fiscal Year 2013.
Philips Electronics India Limited Key Developments
Philips Electronics India Limited Announces Management Changes
Oct 17 13
A Krishnakumar, who is currently president and head of Philips Healthcare Business in India, has been appointed as the managing director and CEO of Philips Electronics India Ltd. with effect from December 2013. Krishnakumar will continue to head the healthcare business until his successor has been appointed. He succeeds Rajeev Chopra, who has been elevated to head the global business of the Philips Consumer Luminaire Business Group. Prior Chopra, who joined Philips in April 2003, has over 20 years of experience. Prior to this, he has worked with Cisco Systems, Microsoft and Hewlett-Packard Asia Pacific, Singapore. He became the chief of Indian unit of Philips in January 2011. Krishnakumar joined Philips in June 2010 and his experience spans across India, USA, Japan and China in leadership positions at Coopers & Lybrand Consulting, HSBC.
Philips Electronics India Limited Launches Philips Saeco Coffee Machines
Aug 21 12
Philips Electronics India Limited added a new flavor to the Indian coffee market, through the launch of Philips Saeco coffee machines in India. Designed to bring an Italian expert brewmaster into home, the three new coffee machines give coffee lovers the authentic taste of an Italian café, with the simple-to-use technology that consumers expect from Philips. The three Philips Saeco models - Manual Poemia, Intelia Focus, and Intelia One Touch Cappuccino – spearhead the company’s plan to develop the country’s Italian coffee machines category. All three of these machines can help create a range of coffees from Cappuccino and Espressos to Lattes and Macchiatos. Philips aims to deliver home coffee indulgences from the delicious aromas that waft through the room to that perfect first sip one savors on the palate. Philips intends to develop this category by offering machines that deliver an authentic coffee experience, and which can be tailored to individual taste. Philips Saeco Intelia One Touch Cappuccino – barista quality with a button push. The machine has been certified with the in-cup sensory quality label “Espresso & Cappuccino Perfetto by Philips Saeco”, since the result of its brewing process satisfies the strict sensory parameters set by Philips Saeco, and certified by the Centro Studi Assaggiatori – Italian TastersAssociation, founded in 1990. This certification is an important milestone that bears witness to Philips Saeco’s status as the all-around specialist in the world of coffee. The Intelia Cappuccino is available at a starting price of INR 74,995.
TTK Promoters Not Seeking Stake Sale To Philips
Mar 21 12
T.T. Jagannathan, Chairman of TTK Prestige Ltd., said the promoters of TTK are not planning to sell stake to Philips Electronics India Limited. "I categorically deny that (stake sale by promoters). There is no offer; Philips Electronics has not made any offer to us. And even if they do, we are not entertaining any offers," he said. There were rumors that Philips is planning to buyout the promoters at a price of INR 4,100 per share. Since March 19, 2012, the shares have risen 10%.
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