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SCOUT· 32%12m·2025-11-25·News Politics
SCOUT· 32%12m·2025-11-25·News PoliticsThe price Havells paid to become a household name
Daybreak · 628
Eight years ago, Havells acquired Lloyd to become a household name in consumer electronics. Today, that dream has become its biggest headache. Lloyd's revenue dropped 18% in the September quarter. Warehouses are jammed with unsold air conditioners after an unusually short summer. And, in January, new energy-efficiency…
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