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Havells to merge four of its subsidiaries into the company for integration of biz opportunities
•The executive committee of the board of directors of Havells India at its meeting held has considered and approved the scheme of amalgamation of the subsidiaries.
Lloyd Electric & Engineering shares tank 15% on news co to sell durable biz to Havells India
Fp Staff •This acquisition, when completed, will mark Havells foray into consumer durables industry.
Warbug Pincus to invest Rs 1,800 cr in Piramal Realty
Fp Archives •Founded in 2011, Piramal Realty has over 10 million sqft under development in prime areas of Byculla, Thane, Worli, BKC and Mulund of the metropolis.
UBS gives a high five: Buy Coromandel, Exide, Havells
Fp Staff •UBS Investment Research has talked about these mid-cap stocks that have displayed resilience in earnings and stock price in the last downcycle and continue to do so.
Havells net drops 11% to Rs 71 crore
Fp Archives •Electrical goods maker Havells India reported 10.54 percent fall in its consolidated net profit for the quarter ended June 30 at Rs 71.3 crore due to adverse conditions in global markets.
Switch is on, Sylvania lights up Havells' numbers
Fp Editors •The upward revision of the price target shows the company is in for some stability on the margin front. A change in the product mix can work wonders.
Book excerpt: The truth behind Rajesh Khanna and the Havells ad that shocked the world
Gautam Chintamani •Rajesh Khanna's final screen appearance in an ad for Havells fans both shocked his admirers and filled them with nostalgia. Here is the back story of how it happened (and almost did not) and the controversy it generated.
Remembering Qimat Rai Gupta, the gutsy visionary behind Havells
K Yatish Rajawat •The Indian media was late in discovering Qimat Rai Gupta and discovered him only after he acquired Sylvannia around five years back.
From Fevicol to Tata Tea: The brands cashing in on LS polls to boost their profiles
Fp Staff •
Elections 2014: Brands that jumped on the bandwagon
Fp Archives •The Lok Sabha Elections this year saw two types of advertising by brands; the first kind was brands telling citizens to vote responsibly, while, the second kind were brands riding the election wave to promote themselves.