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Havells acquires consumer biz of Lloyd Electric for Rs 1600 crHowever the manufacturing units along with the low margin original equipment manufacturer (OEM) piece and the projects business that suppli...
19 Feb, 2017, 02.26 PM IST
Havells likely to buy Lloyd Electric's consumer business for Rs 1500 crore, to get toehold in room AC segmentIn a market crammed with about two dozen brands, Lloyd is third largest player in the room AC segment after Voltas and LG.
17 Feb, 2017, 06.46 AM IST
Havells to invest Rs 300 crore in expansion and diversificationGupta said the company will utilise cash reserves of rupees 1,500 crore for expansion and is not considering raising funds at this particul...
26 Aug, 2016, 03.49 AM IST
Havells and Aurobindo among 5 stock recommendations from top brokeragesHere are the five stock ideas from different brokerages, which came out with their views this week in separate client notes.
11 Dec, 2015, 11.03 AM IST
Havells India to sell 80 per cent stake in SylvaniaHavells India, a maker of lighting and electrical products, has decided to sell 80% stake in European lighting systems and fixtures company...
11 Dec, 2015, 02.35 AM IST
Havells shares surge 8% at close; mcap rises by Rs 1,422 croreThe stock settled at Rs 305.35, up 8.05 per cent on BSE. During the day, it surged 10.22 per cent to Rs 311.50.
10 Dec, 2015, 05.02 PM IST
Bulls troll bears on D-Street: Sensex ends 216 points up, NIfty50 above 7,650The S&P BSE Sensex closed higher by 216 points, or 0.86 per cent, at 25,252 while the 50-stock barometer Nifty50 ended at 7,683, up 70 poin...
10 Dec, 2015, 03.37 PM IST
Havells shares surge 9% on Sylvania stake saleIn 2007, Havells had acquired Frankfurt-headquartered Sylvania for $300 million through its Dutch subsidiary Havells Netherlands.
10 Dec, 2015, 02.13 PM IST