TBB BUREAU MUMBAI, JUNE 2, 2023 ICICI Bank on Friday committed Rs 1,200 crore to help Tata Memorial Centre (TMC) to expand its cancer treating facilities. ICICI Bank will donate the money from its CSR funds to set up three new buildings spanning over a combined area of 7.5 lakh square feet and equip them with state-of-the-art machines at TMC’s ...

TBB BUREAU BHUBANESWAR, JUNE 2, 2023 Vitesco Technologies and onsemi today announced a 10-year long-term supply agreement worth $1.9 billion (€1.75 billion) for silicon carbide (SiC) products to enable Vitesco Technologies’ ramp in electrification technologies. Vitesco Technologies, a leading international manufacturer of modern drive technologies and electrification solutions, is providing an investment of $250 million (€230 million) to onsemi for ...

TBB BUREAU NEW DELHI, JUNE 2, 2023 Sonalika Tractors has registered the highest ever May overall sales of 13,702 tractors in 2023. This includes 11.42 per cent domestic growth in May 2023 which is 4 times the industry growth as the company has beaten its own previous May’2022 sales record of 12,615 tractors, the company said. Sonalika Tractors is focusing on accelerating ...

TBB BUREAU NEW DELHI, JUNE 1, 2023 Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, registered monthly domestic sales of 4,660 units in May 2023. The export numbers for HCIL stood at 587 units in the said month. The company had registered 8,188 units in domestic sales and exported 1,997 units in May 2022.  Sharing views ...

TBB BUREAU BARBIL, JUNE 1, 2023 JSW Steel has always maintained its philosophy of building sustainable business which is rooted in the community, and demonstrated care for the environment. The company’s thrust is on reducing carbon footprint, using renewable energies, and focusing on a regenerative approach to business. JSW Steel has also taken initiatives to support Mission LiFE drive, initiated ...

TBB BUREAU ALMATY (KAZAKHSTAN), JUNE 1, 2023 Small Industries Development Bank of India (SIDBI), the country’s principal financial institution for MSMEs, received two awards at the 46th ADFIAP Annual Meetings at Almaty in Kazakhstan. The annual ADFIAP Awards celebrate member institutions that have made remarkable contributions to development in various areas. These prestigious awards acknowledge projects that have positively impacted ...

TBB BUREAU MUMBAI, JUNE 1, 2023 NueGo, India’s leading premium electric bus brand by GreenCell Mobility, was on Thursday honored with the prestigious Asia Book of Records and India Book of Records certifications and citations for the successful launch of First Ever All-Woman Electric Intercity Bus. The adjudicators of Asia Book of Records and India Book of Records presented the ...

TBB BUREAU MUMBAI, JUNE 01, 2023 Assets under management (AUM) of non-banking financial company-microfinance institutions (NBFC-MFIs) is set to grow 25-30 per cent this fiscal amid improving asset quality and continued traction in economic activity, said a CRISIL Report on Thursday. Complementing these tailwinds will be rising profitability supported by higher net interest margins. The confluence of these factors augurs ...

TBB BUREAU NEW DELHI, JUNE 01, 2023 The deadline for submission of applications for National Startup Awards 2023 — which were made live from 1st April 2023 – has been extended to 15th June 2023. The extension of the National Startup Awards 2023 application deadline allows aspiring entrepreneurs and enablers additional time to showcase their innovative solutions and profound societal ...

TBB BUREAU MUMBAI, JUNE 01, 2023 Life insurance company Aegon Life has launched industry’s first policy that covers surrogate mothers and egg donors. This policy provides financial protection to their nominees in case of any complications or death resulting from surrogacy procedures. It aligns with the Surrogacy (Regulation) Act, 2021 and the Assisted Reproductive Technology (Regulation) Act, 2021 introduced by ...