New Delhi, Apr 1 (PTI) Acrysil Ltd, a manufacturer of composite quartz kitchen sinks, on Friday said it will fully acquire UK's Tickford Orange Ltd (TOL), a producer of solid surface products for kitchens and bathrooms, for 11 million pounds (nearly Rs 110 crore). The acquisition will be through the company's wholly owned subsidiary Acrysil [...]
New Delhi, Apr 1 (PTI) The government has further extended the existing Foreign Trade Policy (FTP) till September 30 this year, according to a commerce ministry notification. FTP provides guidelines for enhancing exports to push economic growth and create jobs.On March 31, 2020, the government had extended the Foreign Trade Policy 2015-20 for one year [...]
Mumbai, Apr 1 (PTI) Canada-based startup MakerMax said it has developed testing devices and algorithms that can arrest battery fires and consequent loss of property and lives. The announcement comes amid a series of incidents of fire in two-wheeler electric vehicles (EVs). The device M201 creates the benchmark data of any battery by capturing five [...]
Guwahati, Apr 1 (PTI) The state GST collection in Assam for 2020-21 decreased by 2.36 per cent compared to the previous year, a Comptroller and Auditor General (CAG) report for Finance accounts laid in the Assembly on Friday said. The report for the year 2020-21 said the state GST collection was Rs 8,549.02 crore compared [...]
New Delhi, Apr 1 (PTI) JSW Energy arm JSW Neo Energy has inked a pact with the Chhattisgarh government for setting up a 1,000 MW capacity hydro pumped storage project. With rapid addition of renewable energy capacity in the country, development of energy storage solutions such as hydro pumped storage projects (PSPs) become essential due [...]
New Delhi, Apr 1 (PTI) CNG price in the national capital on Friday was hiked by 80 paise per kg, while piped cooking gas rates were increased by a steep Rs 5 per cubic metre on the back of the government raising input natural gas prices to record levels. CNG price in the National Capital [...]
New Delhi, Apr 1 (PTI) Power trading solutions provider PTC India on Friday said it has registered a record trade volume of 87,450 million units in 2021-22, which was 9.25 per cent higher than the pervious year. "PTC clocked a record volume of 87,450 million units of energy during the FY22. Even in challenging times [...]
New Delhi, Apr 1 (PTI) S Raju has taken over as the Director General of Geological Survey of India (GSI), the Ministry of Mines said on Friday. He succeeds R S Garkhal who superannuated on Thursday. "Prior to assuming the present post, Raju was holding the post of Additional Director General and National Head, Mission-III [...]
New Delhi, Apr 1 (PTI) Industry body Amfi has prescribed a new benchmarking system for mutual funds for each of their schemes in a bid to standardize and bring uniformity in the benchmarks. It has listed out first-tier benchmarks for 67 types of mutual fund schemes. This includes categories of debt, equity, hybrid and solution-oriented [...]
New Delhi, Apr 1 (PTI) Kansai Nerolac Paints Ltd on Friday said its Executive Director Anuj Jain has been elevated as the managing director of the company. Jain succeeds H M Bharuka, vice chairman and managing director, who has been spearheading the firm for the last 21 years, Kansai Nerolac Paints said in a statement. [...]
