Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
The Hindu Bureau

I-T searches continue at Kadapa factory

The Income Tax department continued their raid on Shirdi Sai Electricals Limited’s factory premises at the Industrial Development Area on the outskirts of Kadapa for the second day on Tuesday.

The raids began on Monday at the plant and simultaneously at the Hyderabad office, and at the residences of its top officials. The company manufactures smart meters, transformers and other allied electrical equipment.

It may be recalled that the company had received the State government’s prestigious contract of providing smart meters for agricultural connections across the State.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.