Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights. Havells India, leading electrical appliances and components company, is buying the consumer durables arm of Lloyd Electric & Engineering. The arm’s name is Lloyd Consumer Durable Business Division. Havells said on Sunday its board of directors had approved. The acquisition, when completed, will mark ... Rediff.com, 5 days ago
The list of corporations publishing biographies has lengthened steadily as companies have realised the effectiveness of story telling as a brand building tool. Kanika Datta investigates the rising trend. Illustration: Dominic Xavier/Rediff.com The dismantling of the licence raj from 1991 onwards provided corporate India with a new-found freedom to grow in any way it chose. Now, well into the 21st century, many corporations and promoters have achieved critical mass. In the process, they ...Rediff.com, 6 days ago
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