Merc

Mercedes-Benz India MD and CEO, Santosh Iyer talks about why policy consistency is necessary for sustainable EV growth and higher market penetration

Electricity bills of Tata Power consumers in Mumbai to spike 20% as MERC approves tariff hikes

The energy charges for 101-300 units category have been increased to Rs 5.36 per kWh from Rs 5.05. For 301-500 category, it has risen to Rs 11.62 kWh from Rs 9.20.

Mercedes Benz India records highest-ever sales in 2023, up by 10% at 17,408 units

Mercedes Benz also affirmed that Increased focus on the electric car segment reflected in the growing customer preference for Mercedes-Benz BEV portfolio, that grew by 3X with 4 percent contribution in CY 2023 sales

Merck, Seagen drug cocktail seen as new bladder cancer standard

The Merck-Seagen combination helped patients nearly live twice as long — an average of 31.5 months — as those that got chemotherapy alone, in a large study presented on Sunday at the European Society for Medical Oncology’s annual meeting.

The Drive Report : 2023 Mercedes-Benz GLC 300

Can the second-generation Mercedes-Benz GLC surpass its bestselling predecessor?

Electricity bills of Tata Power consumers in Mumbai to reduce by 25-35%

In May, Tata Power approached the APTEL seeking a stay on the multi-year tariff (MYT) for 2023-24 and 2024-25 issued by the Maharashtra Electricity Regulatory Commission (MERC).

Budget 2023: What it means for people looking to buy automobiles

Key takeaways for customers looking to purchase a car or two-wheeler this year

The world’s most luxurious EV is here

Say hello to the Rolls Royce Spectre

MERC to undertake third-party verification of agricultural sales

He further said that such an independent study will bring in more transparency, define the scope accurately and make the sales estimation more robust.

BMW cars command premium over Merc, Audi in pre-owned market

Despite considerably cheaper ownership cost of pre-owned Merc and Audi cars, their counterparts from the BMW stable command a premium, according to an industry report.

APTEL disallows compensatory tariff for Adani Group's plants

"Since the Maharashtra Electricity Regulatory Commission (MERC) has come to a conclusion that the case of Force Majeure event is not made out, it could not have granted compensatory tariff to Adani Power Maharashtra (which runs Tiroda plant)," Appellate Tribunal of Electricity (APTEL) said in an order.

Tata, Reliance and Mahavitaran hike power tariff

Maharashtra Electricity Regulatory Commission (MERC) has approved an increase in tariff of 2.44 percent for Mahavitaran, while 5.2 percent and 3.92 percent for RInfra and Tata Power (TPC), respectively. The new rates will now be applicable from June 1.

Mercedes confident of retaining top slot in luxury car mkt

Mercedes-Benz, which became the country's leading luxury carmaker in the first quarter, looks to retain the top slot through the rest of the year as it hopes to continue 40 percent sales growth.

TPC-RInfra porting row: APTEL flays MERC decision

The Maharashtra Electricity Regulatory Commission (MERC) had last year, ordered transfer of RInfra's 7.92 lakh low-end residential consumers with a monthly power consumption of up to 300 units to Tata Power's distribution arm from November 1 last year.

APTEL upholds users' interest in switching to Tata Power

The APTEL today observed that though it has not laid distribution network for supplying power to residential consumers of RInfra, Tata Power has not resorted to cherry picking, the Tata Group company said attributing the information to the order passed by the tribunal, which is yet to be uploaded on its website.

Tata Power expects to have 5 lakh customers by month-end

Tata Power has so far added 300 km of cable network in the city and 42 substations, of which majority comes in the 11 clusters where the state regulator MERC has directed the company to expand its network.

Mumbai to enjoy power portability soon; can pick discoms

Private power discoms have been asked to keep tariff of up to 300 units same across the state of Maharashtra.

Worst over for thermal power space post reforms: Feedback

According to Vinayak Chatterjee, thermal power has seen maximum number of policy reforms in the last 18 months and so, the worst seems to be behind for it.

Reliance Infra gains post MERC allows co to raise tarriff

Maharashtra Electricity Regulatory Commission (MERC) has allowed Reliance Infrastructure to increase average tariff for FY2014 by a marginal 0.18 percent as against the company's demand of around 12 percent increase.

Tata Power adds 85,000 low-end consumers in Mumbai

Tata Power added nearly 85,000 low-end consumers in its network in the city between August 2012 and June 2013.

Tata Power consumers to pay 25% more tariff

MERC has approved an average increase in tariff to Rs 5.26 from the existing Rs 4.19 for FY14 for residential consumers, which will be effective from July 1

APTEL stays MERC order on cross subsidy surcharge

"If the MERC order to increase CSS (cross subsidy surcharge) is not stayed, the appellants (Tata Power and others) will have to pay surcharge which is increased by four to ten times for commercial consumers in LT and HT categories, respectively," APTEL said in its order.

APTEL quashes RInfra's appeal against MERC order

The Appellate Tribunal for Electricity (APTEL) has quashed Reliance Infrastructure's appeal against the adverse remarks made by the Maharashtra Electricity Regulatory Commission (MERC).

Tata Power, RInfra say no solar power to meet RPO targets

Private utilities Tata Power and Reliance Infrastructure (RInfra) have blamed inordinate delays in commissioning of solar projects for their failure to meet the solar renewable purchase obligation (RPO) targets for the last two completed fiscals.

Electricity Act: Open access best for consumer, say experts

As Moily is all set to push for power reforms, the Former Power Secretary, RV Shahi believes there is nothing wrong with open access but, it has not been implemented due to the interference of state governments. According to him, the state regulatory commissions should act a little more formally with state governments to roll out the process.