HDFC Bank Ltd.

KPI Global Infrastructure has successfully commissioned new capacity of 5.44 MW (DC) in existing solar power plant at Bharuch. The additional capacity of 5.44 MW (DC) was commissioned with effective from June 30, 2021 under Independent Power Producer ('IPP') category for Polycab India against their Power Purchase Agreement (PPA) capacity for which company has also received Commissioning Certificate dated August 17, 2021 from Gujarat Energy Development Agency (GEDA).

Bharti Airtel has added 38,12,530 customers in June 2021. Following this, the company’s total customer base has increased to 35.21 crore with market share of 29.82% in terms of wireless subscribers as on June 30, 2021.

Steel Strips Wheels (SSWL) has signed an MOU for close to $105 million from Western Hemisphere which would cover supply of Steel and Aluminum wheels for a minimum period of 3 years. Supplies of Steel Wheels will begin from Chennai and Dappar Plant by September 2021 and Supplies from Mehsana plant for the Aluminum Wheels will begin by end of December 2021. This shows strong confidence of the customers in SSWL to develop long term strategic partnerships.

Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has added 54,66,556 customers in June 2021. Following this, the company’s total customer base has increased to 43.67 crore with market share of 36.98% in terms of wireless subscribers as on June 30, 2021.

NMDC is aiming at commissioning its steel plant in Chhattisgarh by early Q4 (January-March 2022) and the company has started the filing process with stock exchanges and SEBI for its demerger. The capex outlay for the company in 2021-22 is around Rs 3,750 crore and of which Rs 2150 crore will be for the steel project.

Bandhan Bank will invest in improving digital capabilities as a part of Vision 2025. The bank will also leverage machine learning and artificial intelligence. With a present business size of Rs 1.50 lakh crore, the vision envisaged by the bank is having a well-diversified asset portfolio, optimum mix of secured and unsecured assets and geographically diversified.

HDFC Bank aims to regain the two per cent market share in the credit card market it ceded to rivals during a recent ban, within a year by aggressively tapping into its existing depositor base. The bank will also focus on forging new partnerships to sell more cards and will not deviate from its conservative approach on taking credit risks as it goes aggressive in the market.