Business news India: Latest India business news headlines today 10 August 2022

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Here’s today business news, the latest business news India today 10 August 2022

  • HPCL and Honda have collaborated to set up EV charging stations at HPCL’s petrol pumps.
  • As per the recent data, the 12 public sector banks have earned a cumulative profit of Rs 15,306 crores with 9.2% of annual growth despite poor performances by large lenders.
  • Centrum Capital has partnered with AWR Lloyd for offering infra i-banking services, products, groundbreaking solutions, and insights for sustainable development.

latest business news India today 10 august 2022

  • Assam Power Distribution Co. Ltd has signed an MoU with NLC India Ltd for the setting up of a 1000MW renewable plant in the state of Assam.
  • Godavari Ispat & Ispat Ltd has informed about the beginning of its commercial operations of a 70MW captive solar power plant in Chattisgarh.

Must Read: 10 August in Indian history

Latest business news India today 10 August 2022 – business news headlines today

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  • Singapore-based investment platform Xcelerate Pte has raised an undisclosed amount through equity funding from Altair Capital and Exacta Capital Partners.
  • Indian cricket captain Rohit Sharma will soon launch his own apparel collection.
  • Oyo has acquired Bornholmske Feriehuse, a Denmark-based holiday home operator, for an undisclosed amount for expansion of its business.
  • The premium income of life insurance companies has surged by 91% from Rs 20,434.72 crores last year to Rs 39,078.92 crores in July 2022.
  • A net outflow of Rs 457 crores has been witnessed by Gold Exchange Traded Funds in July 2022 as the investors parked money in other asset classes in a portfolio re-balancing strategy.

Must Read:10 August 2022 ke Mukhya Samachar

Latest business news India today 10 August 2022 – business news India today

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  • Ahmedabad-based cloud kitchen Bigspoon has raised Rs. 100 crores in a funding round.
  • ENIL has reported a 145% increase in revenue in the first quarter of the year.
  • Warbug Pingus, a private equity fund, plans to sell its 20-25% stake in Avanse Financial Services to unlock $250-300 million.
  • Life Insurance Corporation of India remains the leader in the market with a total stake of 68.57%.
  • Gucci is the first brand to accept the payments in form of Bored Ape Yacht Club- affiliated Apecoin.

Must Read:News Headlines of India today 10 August 2022
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