ACME to supply telecom infra to Power Grid Corp

ACME, green technology solution provider, has bagged orders worth Rs 11.50 crore from Power Grid Corp.
Under these contracts, ACME will do the planning, designing, engineering and manufacturing and supplying of the telecom Passive Infrastructure.
As per the contract, the project needs to be completed within one year after the date of awarding the contract.
"We thank Power Grid for giving us the opportunity to contribute to the nation's growth through implementing green technologies in telecom sector and cutting down the carbon footprint," Samir Sharan, Chief Executive Office, ACME said.
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Kedaara Cap invests in Au Financiers

* Private equity fund Kedaara Capital today announced an investment in Jaipur-headquartered non-bank lender Au Financiers.

It, however, did not disclose the financial details of the deal, including the amount invested or the stake which has been picked up.
"We believe that financial services should grow at a faster rate than India's overall economy, and represent a major opportunity," Kedaara's advisory operating partner Pramod Bhasin said in a statement.
This is Kedaara's maiden investment in a company engaged in the financial sector. Mahindra Logistics is among the other investments of the company.
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Groupe SEB India launches new range of room, water heaters * Home appliances company Groupe SEB India has launched new variants of room and water heaters

These products are in the range of Rs 2,699 to Rs 12,999, Groupe SEB India said in a statement today.
These new appliances are an extension to Maharaja Whiteline's existing range of room and water heaters.
Groupe SEB India Pvt Ltd is a part of France-based Groupe SEB. The company had entered the Indian market in 2011 by acquiring stake in Maharaja Whiteline.