Corporate
Grundfos launches solar pumps for homes
Grundfos India, a subsidiary of the Danish pump manufacturer Grundfos, has launched Smart Solarz, a solar pump for domestic use. The pump is targeted at semi-urban, urban and peri-urban population. The pump, which uses only solar energy, costs Rs 30,000 without solar panel and can pump 400 litres per hour on average. Currently, solar panel has to be bought separately, which will cost around Rs 15,000. The solar pump is ideal for use in houses and buildings up to two floors.
L&T launches floating dock for Navy
The first, indigenously built floating dock (FDN-2) to repair Indian Navy's ships was launched at Larsen & Toubro Shipyard in Kattupalli, north of Chennai. The Rs 468-crore FDN-2 will move to Andaman & Nicobar Islands to be used for assets not only of the Navy but also of other services. It can take up to 8,000-tonne ships with draught of up to 7 metres, including submarine. Floating docks can be installed either along a jetty, moored in calm waters and also moved to high seas, enabling round-theyear operation.
PVR invests Rs 1,000 cr in 400 screens
PVR Cinemas will invest close to Rs 1,000 crore to open over 400 screen across India by 2020. Cities where new screens are planned include Chennai, Pune, Mysuru, Kota, Hyderabad, Karnal, Jammu, Bengaluru and Delhi. Chennai will get another 15 screen in 18 months. The expansion will focus more on tier-II and -III cities. After the launch of a five-screen multiplex mall in Chennai last month, PVR Cinemas now has 584 screens across 50 cities in 127 properties in the country.
Tata Power to sell Mundra plant for Re 1
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Top Crisis
Short-term, consumer-centric measures have left the tomato, onion and potato farmers struggling to eke out a living.
Boon Or Bane?
With some adequate safeguards, the government's e-assessment scheme can be a win-win situation for both tax department and taxpayers.
Revisiting Development
Sustainable development is the way forward for India, which is in the midst of an economic downturn, ecological crises and stark human distress.
The Cabotage Debate
Relaxation of Cabotage rules has pitted foreign shipping lines against domestic shipping companies.
Catch-22
India finds itself in an unenviable position, as it weighs the pros and cons of joining RCEP.
Accept Mistakes Quickly
Anto Binish Kaspar is a firm believer in technology.
We Will Have 30 Franchisees By 2020
Naresh Sharma , CEO , Skora paints
The Revival Conundrum
Along with a patchwork of band-aids, a smart combination of monetary and fiscal measures can get the ailing economy back into the pink of health.
Mahatma Gandhi @150
The Mahatma firmly advocated that this world has enough for everyone's need but not greed. Gandhian economics, no wonder, cannot be more relevant today in times of erratic economic development, jobless growth and adverse climate changes.
Bitterness Lingers
A hike in subsidy does little to boost exports, thanks to a glut in the global market, and leaves sugar prices subdued in the domestic market.
