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New Delhi: The government on Monday extended the implementation timeline for the mandatory quality control order (QCO) on certain electrical appliances by six months, till October. The QCO is applicable to all electrical appliances intended for household, commercial or similar applications with rated voltage not exceeding 250 volts for single-phase appliances and 480 volts for other appliances, including direct current (DC) supplied appliances and battery-operated appliances. "It shall come in ...Read More >
Bengaluru : Allied Engineering Works Limited (Allied Engineering) ("the Company"), a technology-driven solutions provider, focused on meeting the evolving needs of utilities in implementing smart metering infrastructure across India and enhancing the efficiency of utility distribution systems has filed its Draft Red Herring Prospectus ("DRHP") with market regulator Securities and Exchange Board of India ("SEBI"). The Company plans to raise funds through offer of equity share capital via initial ...Read More >
Kolkata: Luxmi Group, owner of the iconic Makaibari Tea Estate, has acquired a majority stake in UK-based Brew Tea Co. Brew Tea deals exclusively with orthodox tea and has both an online and offline presence in the UK.Luxmi Group acquired an 80% stake in the company, while the remaining 20% remains with the existing promoters. After Tetley and Typhoo, this acquisition marks another British tea company being acquired by an Indian corporate, though it may not be of the same magnitude.Brew Tea Co w ...Read More >
CHENNAI: Planning to build your dream home? Be prepared to shell out a hefty sum just to get a temporary electricity connection, followed by high bimonthly power bills. Besides rising construction material costs, those constructing individual houses are feeling the pinch from steep electricity charges. In the last four years alone, the cost of availing a temporary power connection has nearly doubled due to repeated hikes in miscellaneous charges, the latest of which came into effect on July 1. ...Read More >
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