SBI, Indian Army renew MoU to offer benefits to army personnel, their families

State Bank of India Wednesday said it has renewed its memorandum of understanding with the Indian Army to offer specially crafted benefits to all serving and retired Army personnel and their families through its Defence Salary Package (DSP) Scheme. Under the MoU, the bank offers complimentary personal and air accidental insurance (death) covers, additional cover…Continue Reading

ReNew Energy eyes 8.2 GW operational capacity

The Nasdaq-listed ReNew Energy Global has given a guidance of 8.2 gigawatts (GW) of operational capacity by 2021-22 against around 6,315 MW now. The renewable energy company’s net loss widened to ₹984.9 crore in H1FY22 from ₹59.2 crore a year ago, it announced late Wednesday. Total income for H1FY22 was ₹3,811.9 crore, up 26% over…Continue Reading

Greece, U.S. renew defence deal to boost cooperation

Secretary of State Blinken says deal will advance stability in Eastern Mediterranean The United States and Greece signed an agreement on Thursday renewing their long-standing defence cooperation, a move Secretary of State Antony Blinken said would allow the NATO allies to advance security in the Eastern Mediterranean region and beyond.Known as the U.S.-Greece Mutual Defense…Continue Reading