Havells’s biggest bet loses steam
The Lloyd acquisition, which was supposed to catapult the electricals giant into the consumer durables segment, has missed expectations. But chairman Anil Rai Gupta has only just doubled down on the brand. Will the risk pay off?
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
Wired for success, Polycab is set to dethrone Havells
A sharp focus on its core business (without too many distractions) has given the cable and wire maker a shot at the No. 1 spot, overtaking the electrical goods market leader.
Sriperumbudur’s workers want to shake off the yoke, unionize
The flourishing SEZ near Chennai is witnessing an activism surge as workers allege oppression in MNCs like Samsung and Flextronics.
India’s growing AC divide
Rising temperatures are fast turning ACs into a necessity. Yet, people who are the most vulnerable to the ravages of heat still cannot afford them.