TBB BUREAU NEW DELHI, APRIL 11, 2021 After the insurance sector, the Union government in going to hike the foreign direct investment (FDI) limit in the pension sector to 74 per cent, and table a bill in this regard in the next session of the Parliament. Currently, the FDI in the pension fund is capped at 49 per cent. Amendment ...
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RSP CEO urges employees to tackle Covid 2.0 with commitment, composure & communication
TBB BUREAU ROURKELA, APRIL 10, 2021 “Last year, we were able to tackle the first wave of COVID-19 pandemic quite effectively. While the second wave has started spreading, let’s once again contain it with commitment, composure and constant communication,” urged Rourkela Steel Plant (RSP) CEO Dipak Chattaraj, while chairing an online meeting of senior officers of the Steel Plant on ...
Read More »Acer launches new Nitro 5 with latest AMD Ryzen 5600H series processor
TBB BUREAU BENGALURU, APR 10, 2021 Acer India recently unveiled the Nitro 5 gaming laptop powered by the latest AMD Ryzen 5600H high performance processor that comes in 2 new graphics card options which includes the second Generation Ray Tracing Cores and third Generation Tensor Cores powered NVIDIA RTX 3060 graphics card along with NVIDIA GTX 1650 graphics card for ...
Read More »TPCODL opens customer care centre in Nayagarh
TBB BUREAU BHUBANESWAR, APRIL 09, 2021 Tata Power Central Odisha Distribution Ltd (TPCODL), a joint venture between Tata Power and the Government of Odisha, recently inaugurated a new Customer Care Centre (CCC) in Nayagarh. With the opening of this new CCC, the number of TPCODL Customer Care Centres in Odisha went up to five. The CCC was inaugurated by Nayagarh ...
Read More »Manipal Hospitals to divest stake in Klang to Ramsay Sime Darby Healthcare
TBB BUREAU BHUBANESWAR, APRIL 9, 2021 Manipal Health Enterprises Pvt. Ltd. (Manipal Hospitals), one of India’s largest multi-speciality healthcare providers, on Friday announced that it has entered into a definitive agreement to divest its hospital business at Klang in Malaysia to healthcare provider Ramsay Sime Darby Health Care (RSDH). The transfer of ownership shall take place post completion of closure ...
Read More »Srei Equipment Finance gets EOI of USD 250 mn capital infusion
TBB BUREAU KOLKATA, APRIL 8, 2021 Srei Equipment Finance on Thursday said that it has received expression of interest (EOI) of up to USD 250 million capital infusion from two international private equity (PE) investors. The PE funds are US-based Arena Investors LP, and Singapore’s Makara Capital Partners, the wholly-owned subsidiary of Srei Infrastructure Finance (Srei) said in a statement. ...
Read More »Hindustan Zinc appoints India’s first woman Underground Mine Manager
TBB BUREAU UDAIPUR, APRIL 8, 2021 Breaking new grounds has always been a legacy for Hindustan Zinc. Be it in the endeavors of safety, digitalization or most recent, their employees. In a constant pursuit of inculcating inclusivity and diversity in an industry like mining, Hindustan Zinc’s Sandhya Rasakatla was appointed as India’s first woman Underground Mine Manager and Yogeshwari Rane ...
Read More »Livinguard AG steps up to safeguard Indians during Covid 2.0
TBB BUREAU BHUBANESWAR, APRIL 8, 2021 Since March 2021, the daily cases of Covid-19 have been rising and have hit a 5-month high, with the maximum active cases reported from Maharashtra. One of the primary reasons behind the sudden spike is the complacency among the public about wearing masks and maintaining basic COVID protocols. To help control the increasing numbers ...
Read More »Renault, CERO Recycling join hands for vehicle scrapping programme
TBB BUREAU NEW DELHI, APRIL 8, 2021 Automaker Renault India today launched a vehicle scrapping programme in partnership with the country’s first organised scrap vehicle recycling company CERO. The maker of Kwid and Triber has launched ‘R.E.L.I.V.E’ programme in partnership with CERO Recycling, a joint venture between Mahindra Intertrade Ltd. and MSTC a government of India enterprise. The initiative is ...
Read More »YoY vehicle registrations plunged by over 28pc in March: FADA
TBB BUREAU NEW DELHI, APRIL 8, 2021 Vehicle registrations in India declined by 28.64 per cent on a year-on-year (YoY) basis in March 2021. However, the data released by the Federation of Automobile Dealers Associations (FADA) showed a sequential growth of 10.5 per cent in March. Accordingly, vehicle registration stood at over 16.49 lakh in March 2021, compared to over ...
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