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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 ...

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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) ...

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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 ...

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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 ...

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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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AJIO’s ‘Big Bold Sale’ to begin from Sept 30

TBB BUREAU BHUBANESWAR, SEPT 29, 2021 India’s leading online fashion e-retailer AJIO is all set to get India to fashion up with the hottest fashion sale – Big Bold Sale from September 30 to October 4, 2021. With the festive season around the corner, AJIO is all geared up to bring to its customers the best of festive fashion and ...

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SBI Card announces festive offer ‘Dumdaar Dus’

TBB BUREAU NEW DELHI, SEPT 29, 2021 In a move to double the joy of its cardholders this festive season, India’s largest pure-play credit card issuer SBI Card has announced launch of the three-day mega shopping festive offer-2021, ‘Dumdaar Dus’, starting 3 October 2021. During this one-of-its-kind online shopping festival, SBI Card retail cardholders will have the freedom to shop ...

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AU Small Finance Bank Signs MoU with NABARD

TBB BUREAU JAIPUR, SEPT 29, 2021     AU Small Finance Bank on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with National Bank for Agriculture & Rural Development (NABARD) to boost ongoing rural developmental initiatives in the state of Rajasthan. The MoU envisages joint initiatives for the benefit of farmers, farmer producer organisations, Self Help Groups (SHGs), ...

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Xiaomi 11 Lite NE 5G launched in India at Rs. 26,999

PRIYABRAT BISWAL BHUBANESWAR, SEPT 29, 2021     India’s leading smartphone brand Xiaomi on Wednesday launched a new premium mid-range smartphone Xiaomi 11 Lite NE 5G. The slimmest and the lightest 5G smartphone of 2021, Xiaomi 11 Lite NE 5G smartphone is powered by the Qualcomm Snapdragon 778G chipset and an improved software experience for exceptional performance. Packed in an ultra-thin ...

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