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Reliance New Energy Solar to acquire UK’s battery firm Faradion

TBB BUREAU MUMBAI, DECEMBER 31, 2021  Reliance New Energy Solar Ltd (“RNESL”), a wholly owned subsidiary of Reliance Industries Ltd., has signed definitive agreements to acquire 100% shareholding in Faradion Limited (“Faradion”) for an enterprise value of GBP 100 Mn. In addition, RNESL will also invest GBP 25 Mn as growth capital to accelerate commercial roll out. Based out of ...

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Smartphone market moving towards steady growth and recovery stage: GfK

TBB BUREAU DELHI, DEC 30, 2021 According to GfK market intelligence, overall category sales of smartphones in terms of units for offline retail (point-of-sales) grew by 4% in India whereas online retail sales grew by 29% during YTD Oct 2021 compared to 2020. During the same period, online channel contribution for smartphone market accounted for 40% in terms of sales ...

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Reliance General Insurance bags ‘The Economic Times Best Brand 2021’ tag

TBB BUREAU MUMBAI, DEC 30, 2021 India’s 4th largest private general insurance company Reliance General Insurance Company Ltd (RGICL) bagged the “Economic Times Best Brand Award 2021” for the third time in a row. At the fourth edition of the ET Best Brand awards, RGICL stood as the only General Insurance Company receiving this recognition. The recognition is conferred to ...

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Numeric injects optimism into 2022 through its ‘Energy Anthem’

TBB BUREAU CHENNAI, DEC 30, 2021 Ushering in 2022 with positivity and hope, UPS manufacturer Numeric has released an “Energy Anthem” dedicated to the society for keeping alive the energy of hope, growth, and togetherness. The 2.03-minute-long video released by Numeric injects hope and optimism and motivates the society to welcome the New Year with a new fervour. The lyrics ...

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Dabur enters the Health Food Drink category with ‘Dabur Vita’

TBB BUREAU KOLKATA, DEC 30, 2021 India’s leading Ayurvedic and Natural Health Care Company Dabur India Ltd. announced its foray into the Health Food Drink category with the launch of ‘Dabur Vita’.  It is made with a unique blend of more than 30+ herbs Like Ashwagandha, Giloy and Brahmi, which are scientifically proven not only to provide better immunity but ...

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Reliance Foundation rings in festive cheer with thousands of children

TBB BUREAU BHUBANESWAR, DEC 29, 2021 As the year draws to a close and the festive spirit around the corner, Reliance Foundation continued its tradition of ringing in the celebration with children from across India.  Specially curated goodie bags and presents have been shared with around 5000 children from underprivileged backgrounds, in partnership with 26 NGOs across 11 cities including ...

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Heartfulness Tree Conservation Center launched to save critically endangered tree species

TBB BUREAU HYDERABAD, DEC 29, 2021 Heartfulness Tree Conservation Centre launched Modern Tissue Culture Laboratory to help propagate the critically endangered plant and tree species in the country. The project was inaugurated by Union Minister for Agriculture & Farmers’ Welfare Narendra Singh Tomar, to mark the conservation efforts by Kanha Shanti Vanam. While Heartfulness Institute aims at growing the plantlets ...

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Cycle Pure Agarbathi creates ‘The Bhagavad Gita in 3 minutes’ for millennials, Gen Z

Cycle Pure Agarbathi creates ‘The Bhagavad Gita in 3 minutes’ for millennials,  Gen Z TBB BUREAU BHUBANESWAR, DEC 29, 2021 On the auspicious occasion of Gita Jayanti, Cycle Pure Agarbathi, India’ largest selling prayer brand, has launched ‘The Bhagavad Gita in 3 minutes’ to make the timeless wisdom accessible to the young millennials and help them deal with everyday life ...

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TPNODL trains over 500 women SHGs in Keonjhar and Mayurbhanj districts

TBB BUREAU BALASORE, DEC 28, 2021 One of the major barriers faced by women belonging to the marginal communities in rural areas is to pursue an income generating activity. Prompted by the need to overcome this barrier, TP Northern Odisha Distribution Ltd (TPNODL) imparted training to over 500 women self-help groups (SHGs) in meter reading, billing and collection activities (MBC) ...

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AU Small Finance Bank appoints former RBI Deputy Governor HR Khan as Non-Executive Independent Director

TBB BUREAU MUMBAI/JAIPUR, DEC 28, 2021  AU Small Finance Bank has announced the appointment of Harun Rashid Khan as Non-Executive Independent Director (Additional Director) on the Board, for a period of three years, effective from today, subject to the approval of shareholders. While announcing the appointment, Sanjay Agarwal, MD & CEO, AU Small Finance Bank said, “We are really honoured ...

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