The Business Bytes

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 ...

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 ...

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 ...

TBB BUREAU BHUBANESWAR, SEPT 30, 2021 For 31-year-old Manbodh Bagh from Titilagarh, Odisha, life was not easy as he had been suffering from a rare condition, plexiform neurofibroma, a benign tumor of the peripheral nerves since childhood. As a result of this condition, he developed a tumor on his face, and it grew as he aged. The tumor was massive, ...

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 ...

TBB BUREAU BHUBANESWAR, SEPT 30, 2021 L V Prasad Eye Institute (LVPEI) on Thursday announced that Dr Prashant Garg will be the new Executive Chair of LVPEI, succeeding Dr Gullapalli N Rao. Dr Garg will take over the new responsibility on 1 October, 2021. Dr Prashant Garg is an internationally renowned leader in corneal infections, anti-microbial resistance and eye banking. ...

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) ...

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 ...

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 ...

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. ...