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Mohammad Mustafa takes charge as Sidbi chairman

Mohammad Mustafa takes charge as Sidbi chairman


Small Industries development Bank of India (Sidbi) today said Mohammad Mustafa has assumed office as the chairman and managing director.
Prior to this, Mustafa was working as joint secretary in the department of financial services at the Centre, Sidbi said in a statement. ——————————————————– Axis Bank to fund solar panel installations up to Rs 50 L
Mumbai: Solar provider Freyr Energy today said private sector lender Axis Bank will be providing loans of up to Rs 50 lakh to its customers.
The loans will be given to small businesses to install solar roof tops for industrial and commercial purposes, and will help them reduce their power bills, a statement said.
“Going forward, we will continue working on innovative financial instruments to improve affordability,” Freyrs co founder and managing director Saurabh Marda said.
Lenders are given special sops for their exposures to sustainable projects. ——————————————————– Mercedes opens AMG Performance Centers in Kochi, Chennnai
Pune: As part of 50 year celebrations of the AMG globally, Mercedes-Benz India has two more AMG Performance Centers in Kochi and Chennai, taking the total number of such premium outlets to seven.
The other AMG Performance centers are in New Delhi, Mumbai, Bengaluru, Pune and Hyderabad.
AMG Performance centers offer an exclusive and customised product experience and a commitment to first-class service quality at every stage in the customer relationship.
Mercedes runs around 400 AMG Performance centers in 40 countries globally which embody a bespoke customer approach and are a central pillar of the AMG growth strategy. ——————————————————- FCB Ulka bags the creative duties of SBI Mutual Fund
Mumbai: Advertising agency FCB Ulka has bagged the creative duties of asset management company SBI Mutual Fund following a multi-agency pitch.
The account will be serviced from FCB Ulka Mumbai, it said in a statement. ———————————————————— KEC International partners with SAP India
Mumbai: RPG Group company KEC International (KEC) has partnered with SAP India for its organisation-wide digital transformation process.
With this association KEC will be able to improve overall agility of business, fast-track deliveries and help improve profitability, the company said in a statement.
Besides, it will also enable to seamlessly collaborate across businesses and strengthen risk management systems and adopt next-generation solutions.

Source: PTI
Anand Gupta Editor - EQ Int'l Media Network


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