Results (
1-
6) of 6 | | Philips Electronics India Limited today announced that an overwhelming majority of its shareholders had voted in favour of a resolution approving a scheme of arrangement whereby the company will return the capital all its remaining equity shareholders.
The results were announced as an outcome of the poll taken at a meeting of equity shareholders convened as per the directions of the Kolkatta High Court. The poll was conducted in the presence of scrutineers appointed by the court. | | | Royal Philips Electronics (NYSE: PHG, AEX: PHI) and Schering AG, Germany (FSE: SCH, NYSE: SHR) announced today the formation of an alliance to research, develop and commercialize medical equipment and associated contrast agents for optical imaging. As part of their collaboration, the companies will have the option to expand the alliance to cover other imaging technologies and contrast agents, where synergies between the partners are expected, and will also explore the emerging field of molecular imaging. Philips and Schering have agreed to split equally all research and development costs as well as all future revenues from the contrast agents, medical equipment and related services related to this alliance. Financial details of the alliance were not disclosed. | | | Philips opened its new Campus here today, heralding a stage - wise migration from its current location in Ulsoor to this upcoming 500,000 square feet state-of-the-art facility spread over 12.5 acres.
“Philips Innovation Campus (PIC) is elementary to Philips technology strategy and will become its global competence center to fuel growth and create value in the business areas of Healthcare, Lifestyle & Technology,” said Mr. Frans van Houten, CEO, Philips Semiconductors, declaring open the new Campus. “In the Healthcare domain, it will work on hospital workflow packages, providing ubiquitous Healthcare solutions. In the domain of Lifestyle, it will significantly contribute to Digital TV and Blu-ray. Connectivity will be the key area of contribution under the Technology domain.” | | | Philips today announced the completion of the merger of Philips Medical Systems India Private Limited and Philips Software Centre Private Limited with Philips India Limited to form Philips Electronics India Limited. | | | Philips India, a subsidiary of the Netherlands based Royal Philips Electronics, the Indian Space Research Organisation (ISRO), part of the Department of Space under the Ministry of Science and Technology, Apollo Telemedicine Networking Foundation (ATNF) and Development of Humane Action (DHAN), a Madurai based NGO are jointly involved in DISHA (Distance Healthcare Advancement) – a project aimed at meeting the healthcare needs of the less privileged in India. Each is a strategic partner in the project bringing their unique capabilities to deliver the Project’s aims. | | | Philips Intellectual Property and Standards team conducted a raid in Mandoli Extension in East Delhi and seized 1,30,000 counterfeit Philips GLS 100 watt bulb wrappers. There were no lamps seized, however the raid was well in time to prevent actual damage being done, by way of these wrappers being used to sell lamps. The value of the goods seized is estimated at around Rs 15 lakhs. |
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