Ex-Hess directors face $6.9m damages claim

Ex-Hess directors face $6.9m damages claim

Former Hess directors Christoph Hess and Peter Ziegler may have to pay $6.9 million (€5 million) in damages to investor Holland Private Equity (HPE), which claims it suffered massive losses after the firm was floated on the stock market on the basis of false accounts.

Havells-Sylvania to sell internet lamp

Havells-Sylvania is set to add an internet-enabled lamp to its range following the signing of an exclusive distribution deal with LiFX, the internet-sensation that started off as one of the fastest-funded Kickstarter projects of all time.