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Philips said Van Houten would be replaced on Oct. 15 by Roy Jakobs, head of the company's Connected Care businesses.

Royal Philips announced its intention to offer approximately 16.2 million shares in Philips Lighting, currently owned by Royal Philips, to institutional investors.

As per reports about 100 contract workers were let go in a rare move for the world’s most valuable company.

In his new role, Bansal will oversee all product business development, identifying tech solutions for TelioEV products, and developing the partner ecosystem for TelioEV products.

Schell will succeed Michelle Johnston Holthaus, who will take on a new role as general manager of Intel’s Client Computing Group (CCG).

Ghosh in his new role will be responsible for driving the growth and expansion agenda for DealShare

Handa carries 17 years of experience in leading various HR functions. Before joining Reckitt, she was working with Philips for five years.

Consumer Electronics and Appliances Manufacturers Association (CEAMA), the apex industry body for the Appliances and Consumer Electronics (ACE) industry concluded their 38th annual function

The global manufacturing industry could expect to see between $519-$685 billion in value-added revenue by 2020 through the development and sale of smart, connected devices.

Amazon Great Indian Sale is back offering from January 21 to 24, 2018. Prime members will get 12 hours early access starting 12 noon on January 20, 2018.