The Business Bytes

TBB BUREAU NEW DELHI/ MUMBAI, AUGUST 5, 2021 Dismissing a special leave petition (SLP), the Supreme Court has upheld that the online fantasy sports format offered by Dream11 is game of skill. The SLP had alleged that the online fantasy sports (OFS) format offered by Dream11 amounted to gambling, wagering and betting and is not a game of skill.  The ...

TBB BUREAU MUMBAI, AUG 5, 2021 In a concerted effort to contribute towards the creation of a robust electric vehicle (EV) ecosystem, Reliance BP Mobility Limited (RBML) and Swiggy on Thursday announced the commencement of trials that will increase the deployment of EVs in the delivery fleet of India’s largest food delivery platform. The partnership is aimed at promoting the ...

TBB BUREAU MUMBAI, AUG 05, 2021 Axis Bank, India’s third largest private sector bank, has crossed the milestone of over one million customers on its WhatsApp banking channel with total request count of 6 million till now. Axis Bank had launched banking services on WhatsApp in January 2021 and has since witnessed robust organic growth in its customer base for ...

TBB BUREAU NEW DELHI, AUGUST 4, 2021 AirAsia India, a joint venture between Tata Sons Limited and AirAsia Investment Limited, on Wednesday announced a Flash Sale on routes across India. Special sale fares are open for advance booking from 4th to 6th August for travel between 1st September 2021 and 26th March 2022. The sale fares are bookable across all ...

TBB BUREAU NEW DELHI, AUG 4, 2021            The country’s largest lender SBI on Wednesday posted a 55 per cent rise in standalone net profit at Rs 6,504 crore for the first quarter of the current financial year, helped by decline in bad loans.            The lender had reported a net profit of Rs 4,189.34 crore in the April-June ...

TBB BUREAU MUMBAI, AUG 4, 2021 As part of its commitment to lead the industry on circular economy, enhance its sustainability quotient and bolster the entire polyester and polymer value chain, Mukesh Ambani-owned Reliance Industries Ltd (RIL) will double its capacity to recycle plastic bottles after a third-party recycled polyester staple fibre (PSF) manufacturing facility is set up in Andhra ...

TBB BUREAU WEST BOKARO, AUGUST 4, 2021 Promoting diversity and inclusion as a way of life to ensure fair and equal opportunity for all employees, Tata Steel’s West Bokaro Division onboarded 16 women Heavy Earth Moving Machinery (HEMM) operators in all shifts at an event organised today under its flagship programme – Women@Mines. The occasion was graced by Atrayee Sarkar, ...

TBB BUREAU BHUBANESWAR, AUG 4, 2021              Showcasing resilience and ingenuity amid the ongoing pandemic, Modicare Limited, one of India’s leading direct selling companies, has witnessed a growth of 52 percent in sales in Odisha over the last one year. The company has clocked in revenue to the tune of over Rs 160 crore during the previous year in Odisha ...

TBB BUREAU MUMBAI, AUG 4, 2021  Suryoday Small Finance Bank (SSFB) has launched “Suryoday Health and Wellness Savings Account”, a premium savings account product, to ensure that customers’ wealth not only grows but they and their families are also taken care of on the health front in the backdrop of the COVID-19 pandemic. Besides offering an attractive interest rate, the ...

TBB BUREAU NEW DELHI, AUG 3, 2021 Applications for the UK Government’s prestigious Chevening Scholarship to study in the UK are open from August 3 until November 2, 2021, announced the British High Commission. A press communiqué issued by the British High Commission has stated that it is now accepting Chevening applications from aspiring scholars who plan to study for a one-year master’s degree ...