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Bharti Airtel, Emami and EKI Energy Services to see some action today

15 Dec 2021 Evaluate

Bharti Airtel is planning to collaborate with Capgemini to bringing India-specific, 5G-based enterprise grade solutions to the country. Capgemini's 5G Lab within its Mumbai campus and Airtel's 5G Lab in Manesar, Haryana, will be the development hubs.

Emami is introducing its German skincare brand Creme 21 to the Indian market, a brand which was acquired by the homegrown FMCG firm in January 2019. In the first phase, Emami would introduce Creme 21 skin creams and lotions in India and has plans to expand the brand offering to new categories in the future.

EKI Energy Services has incorporated an offshore wholly owned subsidiary company named as ‘Enking International FZCO’ in Dubai free zone (IFAZA) on December 12, 2021, with the view of expand its presence in the global carbon market and grab the business opportunity in overseas countries.

ITC is planning to shrink its mass market soap and shampoo brand Superia since it has not been able to meet expected performance, while the company is setting up sleep boutiques as part of its hotel business to sell products associated with sleep such as beds, fragrances and pillows which will be further expanded through physical stores and online sales.

Vedanta is committed to the decarbonisation of its aluminium business operations in the long term. Vedanta Aluminium has set a target of achieving a 24 per cent reduction in GHG (Greenhouse Gas) emissions intensity by FY25.

State Bank of India (SBI) has collected around Rs 346 crore from 2017-18 up to October 2021 in the form of additional services to customers holding basic savings, including Jan Dhan accounts, which were beyond their free services.

One 97 Communications has reported over two-fold rise in its Gross Merchandise Value (GMV) to about Rs 1,66,600 crore in the first two months (October-November) of the third quarter of this fiscal, driven by sharp uptick in loan disbursals. The company had recorded GMV of Rs 72,800 crore in the corresponding period a year ago.

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