Business news India: Latest India business news headlines today 14 April 2021

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Here’s today business news, the latest business news India today 14 April 2021.

  • Flipkart Group is reportedly in discussions to buy Cleartrip, a travel and hotel booking platform, in a distress sale.
  • Renault has partnered with CSC Grameen eStore to push sales in rural and semi-urban areas. Renault India’s entire product range will be listed on CSC Grameen eStore.

latest business news india today 14 april 2021

  • Hero Motors has inaugurated a new plant at Hi-Tech Cycle Valley in village Dhanansu near Ludhiana, Punjab. Spread across an area of around 100 acres, once fully operational, the valley is may employ over 9,000 people.
  • The government has reportedly started the process of inviting financial bids for the sale of Air India. The deal is likely to be concluded by September 2021.
  • Benetton is reportedly partnering with Timex India, to manufacture and launch its exclusive collection of watches in the Indian market.

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Latest business news India today 14 April 2021 – business news headlines today

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  • Pine Labs has acquired Fave, a Singapore-based loyalty cashback startup, for $45 million.
  • BPCL has collaborated with Accenture to transform its sales and distribution network.
  • Paytm Payments Bank is reportedly said to have registered over 970 million digital transactions in March 2021.
  • Hero Group has launched a new edutech firm, Hero Vired, to offer an industry-focused learning experience for young professionals in collaboration with universities like MIT, Singularity.
  • The government has said that it is fully prepared to implement mandatory hallmarking of gold jewellery and artifacts from June 1, 2021.

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Latest business news India today 14 April 2021 – business news India today

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  • Airlines have reportedly asked the government to reduce capacity allowed from 80% of pre-COVID to 60% and have also asked for financial assistance. However, IndiGo has reportedly not sought financial assistance.
  • Department of Heavy Industries extended the validity of FAME-II certification of electric vehicles for obtaining subsidies to one year from the date of issuance instead of a blanket expiry on 31 March.
  • AirAsia India has extended its partnership with NAVBLUE, flight operations software subsidiary of Airbus.
  • NCLAT has ruled that debt-ridden telecom companies undergoing insolvency proceedings cannot claim rights to their spectrum.
  • Govt may soon start a crackdown on sellers of low-quality toys as it wants manufacturers to follow BIS standards made mandatory since January 2021.

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