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India bids for 300 megawatt of solar energy projects

  Bloomberg India has invited its first-ever bids for solar energy projects that include storage as a requirement as part of a trial program aimed at making the renewable resource a more reliable source of power. Solar Energy Corp of India, the implementing agency for clean-energy projects, sought bids for 300 megawatts of solar power to be built in the ...

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National Australia’s revamp spawns top managers’ exit

  Bloomberg Two of National Australia Bank Ltd’s top managers will leave the firm as the lender overhauls its leadership team and business structure, after exiting underperforming units. Gavin Slater, who has been on the lender’s executive committee since 2009 and led the personal banking unit for more than three years, will depart along with Renee Roberts, who oversaw enterprise ...

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Discovery enters Japanese Insurance with Sumitomo, SoftBank agreement

  Bloomberg Discovery Ltd, South Africa’s third-largest insurer by market value, said it has set up a partnership with Japan’s Sumitomo Life Insurance Co and SoftBank Group Corp to develop and introduce products for the world’s third-largest economy. Discovery’s Vitality program, which rewards members for exercising and eating healthy, will be introduced through Sumitomo and use SoftBank’s technological and digital ...

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