State Bank Of India

Kirloskar Brothers has set up a new manufacturing division in Maharashtra for high-end technology products, primarily used for nuclear applications. Named as the Advanced Technology Product Division (ATPD), the new manufacturing division is based at the company's mother plant at Kirloskarvadi, in Maharashtra.

Thomas Cook India and its Group Company, SOTC Travel, have introduced ‘TravShield and Holiday First and Pay When You Return’ to cover every aspect of physical and financial safety. TravShield, a comprehensive safe travel commitment is designed with meticulous health and safety protocols to safe guard customers across Holidays, MICE and Business Travel and encompasses and enhances the companies’ existing Assured Insured Secured Travel Program.

State Bank Of India (SBI) is planning to raise additional tier-1 (AT-1) capital by way of issuance of Basel III compliant debt instruments in US dollar or Indian rupee through a public offer or private placement to overseas and/or Indian investors during FY22. A meeting of the central board of bank is scheduled to be held on June 21, 2021, to consider raising capital.

Shri Bajrang Alliance has received confirmed export order from its international clients for manufacturing of Goeld Frozen Food Products and aforesaid order will be delivered within coming 100 days. Unidez B.V. Netherlands will purchase and resell the Products in the Mainland Whole Europe. Unidex specializes in the distribution of exotic foods and supplies to pop-and-mom stores, wholesalers and supermarkets. The Company has received few more orders for export of Goeld Frozen Food Products and is also in the process of finalizing contracts with some parties for export.

RattanIndia Enterprises is re- opening bookings of Revolt electric motorcycles across the 6 operational cities from June 18, 2021. The company had earlier stopped taking fresh bookings after witnessing an unprecedented number of bookings last month. The brand, currently operational in Delhi, Mumbai, Pune, Chennai, Ahmedabad and Hyderabad, will be re-opening for fresh bookings after confirming delivery dates for all existing orders in hand. In addition, Company is also bringing forward the delivery dates for the bookings made by customers which were earlier slated to be delivered in latter part of the current year.

Nazara Technologies has signed binding term sheet with Arrakis Tanitim Organizasyon Pazarlama San.Tic. Ltd. Sti. (Publishme) and founders and shareholders of Publishme, for the proposed investment of approximately Rs 20.00 crore by the company through its subsidiary for acquiring 69.82% stake in Publishme by way of primary and secondary transaction. 

ICICI Bank has launched ‘ICICI STACK for Corporates’, a comprehensive set of digital banking solutions for corporates and their entire ecosystem including promoters, group companies, employees, dealers, vendors and all other stakeholders. The wide range of 360-degree solutions enables corporates to seamlessly meet all banking requirements of their ecosystem in an expeditious and frictionless manner. With this launch, ICICI Bank aims to be the preferred banking partner for companies and their entire ecosystem.