MIC Electronics Ltd said it entered in partnership with Indian Oil Corporation Ltd (IOC) for study and development of combined solar and light-emitting diode (LED) light source based products as well as projects for foray into green and energy efficient technologies. No financial details were provided.
The two companies have successfully initiated pilot marketing of solar based LED lanterns on commercial scale in select state offices of IOC marketing division.
On Friday, MIC Electronics and IOCL shares ended 3.2% and 10.4% up at Rs40 and Rs377, respectively on the Bombay Stock Exchange. The benchmark Sensex closed 0.9% down at 17,574 points
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
