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Saving of $2 billion in four years through LED lights consumption

News: The government is planning to save $2 billion in four years by cutting down on energy usage by 10,000 MW during peak hours by promoting LED lights. Another important step towards power saving is to boost rooftop solar power production. Description: The plan is to cut down energy demand ...

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Window dressing of accounts to be checked by the banks

News:  The government is overhauling the annual targets for public sector banks from this month, to focus on size that has long encouraged banks to inflate their loans and deposits at the year-end to hit growth objectives. Description: Overhauling the bloated and often sluggish state banks is critical for the ...

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Haier plans to invest Rs 370 Crore in its Pune plant

News Chinese appliances maker Haier has signed a memorandum of understanding with the Maharashtra Government and plans to invest Rs 370 crore in its Pune plant to scale up operations. The investment will be used to expand manufacturing capacity of refrigerators besides adding new products, such as washing machines, air-conditioners, LED television panels, ...

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