The funding comes at an integral time for the company, which is working towards the fulfillment of the government’s target of achieving 40 GW by 2022 for rooftop solar. The family office of diversified conglomerate Godrej has invested $1.2 million in home-technology startup ZunRoof in a Pre-Series A round. This is a first investment that … Read more
GE Appliances will pay $1.2 million to settle a class-action lawsuit stemming from the 2015 fire that destroyed Building 6 at Louisville Appliance Park. The settlement fund will pay for damages to nearby property from debris and smoke related to the fire, as well as attorney’s fees and settlement administration costs. The agreement still needs … Read more
NEW DELHI, JULY 2: Consumer durables industry is expecting only a marginal price revision despite the category being placed under the highest tax slab of 28 per cent under GST, as players look forward to the festive season in the coming months. The festive season accounts up to 35 per cent of the consumer durables … Read more