BUSINESS

China bans German pork imports after African swine fever case.

China banned pork imports from Germany on Saturday after it confirmed its first case of African swine fever last week, in a move set to hit German producers and push up global prices as China's meat supplies tighten.China's ban on imports from its third largest supplier comes as the world's top meat buyer deals with an unprecedented pork shortage after its own epidemic of the deadly hog disease rb.gy/5mk6me

Reliance approaches digital unit backers to invest in retail arm: sources

India's Reliance Industries Ltd (RELI.NS) has approached investors in its digital business about potentially buying stakes in its retail arm, two sources with direct knowledge of the matter said on Thursday.The oil-to-telecoms conglomerate is looking to attract more investors to Reliance Retail as the business expands rapidly online to take on the likes of Walmart Inc's (WMT.N) Flipkart and Amazon.com Inc's (AMZN.O) Indian arm. rb.gy/urlp3n

5 women execs of Indian IT in global top 25

Five women executives of Indian IT firms are in the list of Top 25 women leaders in IT services for the year 2020. The report said that the individuals were selected on the basis of notable contribution to the company and also based on their past achievements. https://rb.gy/wowzvu

Punjab National Bank launches festival offer, waives processing charges on some loans

Under the 'Festival Bonanza Offer', the bank will waive all upfront or processing fees and documentation charges on some of its major retail products like housing loans and car loans. rb.gy/bhbrxw

Nestle to help young entrepreneurs with kiosk business model

FMCG major Nestle India on September 9 announced an initiative to support entrepreneurs through its kiosk business model. This platform is part of Nestle's global youth initiative 'Nestle Needs Youth' and would nurture entrepreneurs and create opportunities through the kiosk business model, the company said in a statement. rb.gy/vn0px8

All About Wealth

Had you invested Rs 1 lakh in Reliance Industries in 2015, it would be worth Rs 4.4 lakh now. If you had invested two days before the lockdown, it would have grown even faster to Rs 2.5 lakh today. But if you invested in smaller firm GMM Pfaudler, it would have grown to a whopping Rs 14.68 lakh in last five years. rb.gy/a8txci

India's Largest Bank Modernizes its Payment System

State Bank of India has seamlessly updated and expanded its payment switching system using ACI’s Retail Payments solution to meet its requirement of processing over 30 million daily transactions https://rb.gy/qhatl0

Reliance Retail Raises Rs 7,500 Crore By Selling 1.75% Stake To Silver Lake.

Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures Ltd. for a 1.75% equity stake in the holding company of India's largest retailer Reliance Retail Ltd. on a fully diluted basis, according to an exchange filing. The deal pegs the equity value of the company at Rs 4.21 lakh crore. rb.gy/jboiju

Byju's - The digital way of learning is growing its valuation since lockdown.

BYJU’S funding streak continues – valuation hits $10.8 billion with fresh funds from Silver Lake.This year alone, BYJU’S has raised $1 billion. BYJU’S currently has over 64 million registered students on its platform with over 20 million added during lockdown. https://rb.gy/jwdusp

Vodafone Idea rebranded itself as ‘Vi’.

Vodafone Idea, a joint venture between Britain`s Vodafone and India`s Idea Cellular on Friday approved plan to raise up to Rs 25,000 crore through a combination of equity and debt instruments to keep the company afloat.rb.gy/ga8fol

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