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1. Who has been appointed as the new Managing Director for Philips India?
Philips, the Dutch multinational, has appointed Bharath Sesha as the new Managing Director for India, starting from September 1. Sesha brings over 20 years of global experience, with a strong background in the Indian pharmaceutical and chemical sectors. He succeeds Daniel Mazon, who has transitioned to a global role at Philips' headquarters. Sesha’s primary focus will be on enhancing customer satisfaction and driving growth in India’s healthcare sector. This appointment comes after Philips’ impressive performance in the second quarter of 2023, marked by a rise in adjusted earnings.