TBB BUREAU MUMBAI, OCTOBER 01, 2021 India’s premium public sector bank Bank of Baroda (BoB) celebrated “International Day for the Elderly” today by bringing a host of offers to senior citizens. With a view to provide convenient services to all the elderly, BoB would offer all types of doorstep banking services free to them throughout October. BoB shows its commitment ...
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Nalco declares 20 pc final dividend for FY2020-21, focuses on early commissioning of projects
TBB BUREAU BHUBANESWAR, SEPT 30, 2021 Navratna CPSE National Aluminium Company Limited (Nalco) on Thursday announced final dividend of Re 1 per share i.e. 20 per cent on face value of Rs.5 each for the financial year ended 31 March 2021. With this, the total dividend pay-out for financial year 2020-21 comes to Rs. 644.27 crore, as against Rs. 279.84 ...
Read More »Vedanta Aluminium’s ‘Bravehearts’ film salutes Covid hero
TBB BUREAU NEW DELHI, SEPT 30, 2021 Vedanta Aluminium Business, India’s largest producer of aluminium, has launched a film to celebrate local heroes who went above and beyond the call of duty to serve people affected by the pandemic as part of Vedanta Group’s ‘Bravehearts’ campaign. This latest film celebrates the invaluable contribution of a young professional, Jayshree Dhanasekaran, who ...
Read More »Homeville raises US$7 million from 9 Unicorns, Varanium NexGen Fund
TBB BUREAU MUMBAI, SEPT 30, 2021 Homeville, a financial technology company in housing finance has raised US$7 million with participation by 9 Unicorns, Varanium NexGen Fund, JITO Angel Network, CREDAI Members Network, Blacksoil and Earlsfield Capital along with other investors. Homeville is building a housing credit enablement network through its technology-driven platforms. The platforms serve the consumer housing credit demand ...
Read More »POCO C31 with MediaTek Helio G35 SoC, 13MP triple cameras launched in India
TBB BUREAU BENGALURU, SEPT 30, 2021 POCO, India’s 3rd largest online smartphone brand, on Thursday launched POCO C31 smartphone in the Indian market. The budget phone is powered by an octa-core MediaTek Helio G35 processor. The phone comes with a 6.53-inch touch screen display with a resolution of 720×1600 pixels and an aspect ratio of 20:9. The Poco C31 runs ...
Read More »Sugar industry seems promising; Vexed issues of MSP, FRP and cane arrears continue to be important: Infomerics
TBB BUREAU NEW DELHI, SEPT 30, 2021 Future of sugar industry looks very encouraging but some persisting concerns need urgent attention, according to Infomerics Valuation and Rating Pvt Ltd, the noted SEBI-registered and RBI-accredited financial services credit rating company. The sugar report released today, states that the government has been proactive and supportive keeping in mind its size and the ...
Read More »Adani Green to acquire 40 MW operational Solar Asset in Odisha
TBB BUREAU BHUBANESWAR, SEPT 30, 2021 Adani Renewable Energy (MH) Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL), has signed definitive agreements with Essel Green Energy Pvt. Ltd. to acquire 100% economic value in a special purpose vehicle (SPV) that owns 40 MW operating solar project in Odisha. The project has a long-term power purchase agreement (PPA) ...
Read More »Axis Bank bets big on ‘Bharat Bank’
TBB BUREAU MUMBAI, SEPT 29, 2021 With the success and tremendous response to its Deep Geo initiative, which focused on servicing over 80 lakh customers in semi-urban and rural regions across 2,065 branches during the pandemic, Axis Bank, India’s third largest bank is now betting big on Bharat. This segment saw an annualised loan growth of 18%, while contributing to ...
Read More »SBI signs pact with three NBFC MFIs for co-lending to JLGs
TBB BUREAU MUMBAI, SEPT 29, 2021 Country’s largest lender State Bank of India (SBI) has signed a Master Agreement with Vedika Credit Capital Ltd (VCCL), Save Microfinance Pvt Ltd (SMPL) and Paisalo Digital Ltd (PDL), for co-lending to individual members of Joint Liability Groups (JLGs) to undertake agriculture and allied activities including other income generation activities. With these partnerships, SBI ...
Read More »Blue Dart announces General Price Increase with effect from Jan ‘22
TBB BUREAU MUMBAI, SEPT 29, 2021 South Asia’s premier express air and integrated transportation and distribution express logistics company Blue Dart Express Limited on Wednesday announced its General Price Increase (GPI), which will come into effect from January 1, 2022. The average shipment price increase will be 9.6 percent as compared to the year 2021, dependant on the shipping profile. ...
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