The Business Bytes

TBB BUREAU MUMBAI, AUG 10, 2021 Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), along with strategic investors Paulson & Co. Inc. and Bill Gates, and a few other investors, has announced an investment of USD 144 million in Ambri Inc, an energy storage company based in Massachusetts, USA. The investment will help ...

TBB BUREAU BHUBANESWAR, AUG 10, 2021 In the wake of the changing dynamics of teaching and learning post Covid-19, experts from across the globe stress the need for exploring ways and means to shift to technology-driven education ecosystem. 
 At the 8th Oswaal Books Education Conclave held in virtual mode recently, experts from education, technology, pedagogy and social sciences said ...

TBB BUREAU BHUBANESWAR, AUG 9, 2021 NTPC Ltd. Regional Executive Director (Eastern Region–II) Sunil Kumar Satya has been conferred with ‘Greentech Leading Director Award 2021’ for his new initiatives and achievements. Leading Director Award recognizes the role of innovative and forward-thinking organisations that have been actively involved in overall impactful growth, excellence and innovation by applying the highest standards as ...

TBB BUREAU MUMBAI, AUG 9, 2021 The Central Bank of India on Monday launched a ‘missed call’ facility for hassle free loan, deposit and other banking services for its customers, to mark the 140th birth anniversary of its Founder Sir Sorabji Pochkhanawala at its Mumbai Main Office, the heritage building of the Bank. (L to R ) M V Rao ...

TBB BUREAU BHUBANESWAR, AUG 9, 2021          Vidya Krishnan has taken over as the Chief General Manager (CGM) of the Bhubaneswar Circle of State Bank of India on Monday. Vidya Krishnan She has replaced Ruma Dey as the CGM who has been transferred to the Kolkata Circle of the SBI.          Before assuming her new charge, Krishnan was Chief General ...

TBB BUREAU DELHI, AUG 9, 2021 India’s leading financial services platform Paytm on Monday announced that it has created a vast digital financial payments infrastructure in the country and empowered over 2 crore merchants as well as 33 crore users. The company has over the years enabled millions of households with digital payments. Paytm has been instrumental in ushering in ...

TBB BUREAU BHUBANESWAR, AUG 9, 2021   Log 9 Materials, a Bengaluru-headquartered advanced battery-tech and deep-tech start-up, on Monday announced an equity partnership and collaboration with Amara Raja Batteries (ARBL), a battery technology leader and one of India’s largest manufacturers of industrial and automotive batteries. Notably, Log 9 has raised an investment of $5 million from Amara Raja Batteries during ...

TBB BUREAU BHUBANESWAR, AUG 9, 2021 After an impressive performance at the recently held Junior Federation Cup at Sangrur in Punjab earlier this month, 110m hurdler Graceson Jeeva, who trains at the Reliance Foundation Odisha Athletics High Performance Centre (HPC) in Bhubaneswar, is in contention for a spot in the Indian team for the World Athletics U-20 championships in Kenya ...

TBB BUREAU NEW DELHI, AUG 9, 2021 Low base along with rising demand pushed India’s overall vehicle retail sales on both sequential and year-on-year basis in July 2021. Accordingly, the data released by the Federation of Automobile Dealers Associations (FADA) showed a rise of 34.12 per cent during the month under review from the level of July 2020. The vehicle ...

TBB BUREAU MUMBAI, AUG 8, 2021 Jindal Steel & Power Limited (JSPL)’s board has accepted the revised binding offer from Worldone Private Limited, to divest its 96.42 per cent stake in Jindal Power Ltd (JPL). JPL is a material subsidiary of Jindal Steel and Power Limited (JSPL). Key features of the revised offer are that Worldone will buy out all ...