Patent office rejects Tatas’ plea for Swach water purifier
The Delhi patent office has rejected an application by Tata Chemicals for its water purifier Swach on grounds of it being “obvious” and “lacking in inventive step”. The plea was rejected on January 2, on a pre-grant opposition filed a decade ago by HUL, which owns the Pureit brand.
Shapoorji Pallonji plans to sell stake in Eureka Forbes
The outstanding amount has since come down to Rs 2,341 crore.
Forbes & Company mulls listing Eureka Forbes
Eureka Forbes is a wholly-owned subsidiary of Forbes & Company.
Global PE majors seek to sweep up Eureka Forbes
Discussions are currently on between the potential suitors & the Shapoorji Pallonji Group for a possible deal.
Eureka Forbes to ‘purify’ foreign particles in books
The country's largest water purifier and vacuum cleaner maker has undertaken an exercise to clean its books and restructure operations.
SP Group looks at listing or stake-sale of Eureka Forbes
A profit-making company, Eureka Forbes clocked revenues of Rs 2,388 crore in fiscal 2019.
Shapoorji Pallonji finding ways to pay back to Sterling Wilson Solar
The promoters of Sterling Wilson Solar currently owe the company Rs 2,341 crore, which includes a principal amount of Rs 2,085 crore and interest of Rs 256 crore, said a recent regulatory filing by the company.
Multiple hurdles in rain water harvesting: India Inc
Eureka Forbes’ chief executive Marzin R Shroff said while traction has increased for rain water harvesting, it involves substantial investment.
US' BISSELL enters Indian market with Eureka Forbes
Eureka Forbes is also planning to set up a centre of excellence in partnership with BISSELL which will ensure a steady stream of new products in the coming years backed by innovation and consumer insight.
Shapoorji Pallonji group plans rare asset sale worth $1 billion
The group will sell as much as 30 per cent in the solar engineering arm of Sterling & Wilson.
Air purifiers still struggling to get some air
The air purifier market is estimated to be about Rs 200-250 crore and though it’s growing at 30-40% this year, three industry executives said.
Air purifier sales see up to 60% spike on rising air pollution
Air purifier makers like Philips, Blueair, Panasonic, Eureka, Forbes, Sharp, Xiomi and Blue Star reported high double-digit jump in sales. Besides Delhi-National Capital Region (NCR), the companies also saw higher demand from tier-II cities like Lucknow and Kanpur.
Eureka Forbes shifts focus to retail to increase sales
The company will soon expand the network of retail stores, where its products are sold, to 25,000 from 20,000, said associate vice president (marketing) Shashank Sinha.
Dyson to invest Rs 1,300 crore in India
The company, which today launched its products in the Indian market, will set up 20 stores across Delhi-NCR, Mumbai and Bengaluru.
Eureka Forbes goes back to school
"One thing which we could learn from younger generation is how as a company to be relevant in the future, to get new ideas and implement them," Suresh Goklaney said.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service