Niti Aayog member flags AI as key to healthcare overhaul in IndiaArtificial Intelligence offers a significant chance to reshape India's healthcare system. It can speed up progress towards universal health...
17 Feb, 2026, 06.55 PM IST
Jakob Chychrun signs 8-year extension with Washington Capitals worth $72 millionJakob Chychrun has signed an eight-year extension worth $72 million with the Washington Capitals, making him the highest-paid defenseman in...
26 Mar, 2025, 01.42 AM IST
Philips losses worse than expected in 2024Philips on Wednesday posted worse-than-expected losses in 2024, as the Dutch medical device maker bids to turn the page on a damaging recal...
19 Feb, 2025, 01.13 PM IST
Philips CEO explains how the firm is expanding India ops with a focus on AI in healthcareCurrently, India supports over 50% of Philips’ global software delivery. Philips, traditionally known for its consumer electronics, has sha...
10 Sep, 2024, 04.14 PM IST
Philips inaugurates new innovation campus in BengaluruThe 650,000 square feet campus will accommodate over 5,000 professionals working on innovative health technologies aimed at improving patie...
09 Nov, 2023, 06.43 PM IST
Philips makes $631 million provision for recall litigation costsThe Amsterdam-based firm said it was a defendant "in several class-action lawsuits and individual personal injury claims" in the United Sta...
24 Apr, 2023, 11.47 PM IST
European stocks rally as banking fears fade, Spanish inflation coolsA drop in Germany's North Rhine-Westphalia inflation to 6.9% in March from 8.5% a month ago also helped European equities. The federal stat...
30 Mar, 2023, 03.25 PM IST
Philips to lay off 6,000 employees in drive to improve profitabilityThe new reorganisation comes on top of a plan announced last October to layoff 4,000 employees
30 Jan, 2023, 01.06 PM IST
Philips to cut 5% of its workforce after medical equipment recallThe move was the first announcement by newly appointed CEO Roy Jakobs, who took over the reins earlier this month as the company continued ...
24 Oct, 2022, 11.43 AM IST
Philips parts ways with CEO Frans van Houten in midst of massive recall, Roy Jakobs to take chargePhilips said Van Houten would be replaced on Oct. 15 by Roy Jakobs, head of the company's Connected Care businesses, even though his third ...
16 Aug, 2022, 09.17 PM IST
Philips says CEO Van Houten to leave in OctoberDutch health technology company Philips on Tuesday unexpectedly announced that Chief Executive Officer Frans van Houten would be replaced w...
16 Aug, 2022, 01.30 PM IST