State Bank Of India

Intellect Design Arena has launched Capital Cube 21, an integrated contextual Treasury solution powered by future-proof technology. Capital Cube 21 is a contextual cross-asset Treasury solution covering the rich functionalities of integrated front - mid back-office treasury, Contextual Asset liability management, Portfolio Risk Analytics and Value-adds like Libor transition and CBX-FX.

State Bank of India (SBI) has signed a Service Level agreement with Paisalo Digital for engagement as National Corporate Business Correspondent of the Bank for promoting financial inclusion by providing banking services through kiosks. Towards this objective of promoting financial inclusion and increasing the outreach, Paisalo Digital shall extend its services and reach to the vast under serviced segments of the market, specially in semi urban and rural parts of India.

Adani Enterprises’ Wholly Owned Subsidiary – Adani Airport Holdings (AAHL) has signed Share Subscription agreement with April Moon Retail (AMRPL) and existing Shareholders of AMRPL for the purpose of strategic partnership to operate duty free outlets in airports. Strategic partnership to operate duty paid outlets in airports and subscription of shares by AAHL amounting to 74% equity share capital of AMRPL on fulfillment of certain terms and conditions linked with the transaction. 

Paisalo Digital has raised Rs 15 crore through Unlisted, Unsecured, Unrated Redeemable, Non-Convertible Debentures (NCDs) and allotted 15 NCDs having face value of Rs 1crore each on Private Placement basis. 

Birlasoft has achieved Oracle Validated Integration with JD Edwards EnterpriseOne Expertise for its integration of ProVue - designed to bring power and simplicity to the process of monitoring the ERP landscape. ProVue goes beyond monitoring the operating system and network-level metrics, by diving deeper into the inner workings of JD Edwards EnterpriseOne.

Whirlpool of India has entered into a share purchase agreement with Elica S.p.A (MTA: ELC) to acquire an additional stake in Elica PB India. Elica PB India will become a majority-owned subsidiary of Whirlpool India and its financial statements will be consolidated within Whirlpool India. The transaction is expected to close by the end of September 2021. Both organizations will continue to run their operations similar to their current state.

Aditya Vision has opened its 73rd Showroom named 'Aditya Vision. Zip Saguna More' near Keshav Hospital, Saguna More, Bailey Road, Danapur, Bihar.