Philips Lighting to be renamed 'Signify'
Netherlands/New Delhi: Philips Lighting on Friday said it intends to change its name to "Signify" while continuing to use the Philips brand for its products under the existing licensing agreement with Royal Philips.
The company said the new company name originates from the fact that light becomes an intelligent language, which connects and conveys meaning.
"Our new company name is a clear expression of our strategic vision and a fabulous opportunity to introduce a new corporate look and feel that is uniquely our own and will serve to further unite our 32,000 employees," Eric Rondolat, CEO of Philips Lighting, said in a statement.
"At the same time, we remain proud to continue to use the Philips brand on our products," he added.
The statement said the new name satisfies the company's contractual requirements under the Company Name License Agreement with Royal Philips, which requires that it changes less than 18 months after Royal Philips no longer has a controlling interest.
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Odisha hospital fire toll rises to 12 as 2 more succumb to burn injuries
Bhubaneswar/Cuttack (Odisha) (PTI): The toll in the devastating fire at government-run SCB Medical College and Hospital here climbed to 12 after two more patients succumbed to their burn injuries on Tuesday.
Health and Family Welfare Minister Mukesh Mahaling informed the assembly that a total of 12 people died in the fire incident that took place at the trauma care ICU of the hospital early on Monday.
Terming it a "very sad accident", the minister said, "As soon as the fire broke out, the hospital staffers worked on a war footing to immediately shift 23 patients from the first floor ICU and adjacent wards of the trauma care centre. All of them were shifted to other ICUs and wards."
Seven patients of the trauma care centre died due to their critical condition while five other critically ill patients died while undergoing treatment in other wards and ICUs.
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Eleven medical staffers engaged in the rescue of the patients were also injured in the fire. The injured staff members are undergoing treatment and their lives are out of danger, he said.
Chief Minister Mohan Charan Majhi and Leader of the Opposition in the state assembly, Naveen Patnaik, visited the hospital on Monday. Prime Minister Narendra Modi had also taken stock of the situation.
The state government has constituted a judicial panel to probe the incident, and also formed a fact-finding team headed by Development Commissioner D K Singh that visited the hospital. The team will submit a report to the chief secretary.
The blaze had erupted around 2.48 am on the first floor and is suspected to have been triggered by an electrical short circuit.
SCB Medical College and Hospital is the state's premier health facility, with nearly 2,700 beds and it serves thousands daily.
