Business news India: Latest India business news headlines today 16 August 2022

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Here’s today business news, the latest business news India today 16 august 2022

  • “Bima Manthan 2022” hackathon has been organized by IRDAI with the theme “Innovation in Insurance” and has invited entities for the development of technology-driven solutions for making insurance available to everyone.
  • Mahindra & Mahindra is in talks with Volkswagen Group of Europe for leading the space of electrification in India and to take it to a global level.

latest business news India today 16 august 2022

  • Ola Electrics has announced the production of electric cars in the country by 2024 with a range of up to 500 km.
  • BPCL to invest Rs 1.4 lakh crores in the upcoming years in petrochemicals, city gas, and clean energy for the growth of the business.

Must Read: 16 August in Indian history

Latest business news India today 16 August 2022 – business news headlines today

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  • Indian Oil Corp is to sell seven of the hydrogen generation units at its refineries under the asset monetization plan of the government.
  • Arvind SmartSpaces has signed an agreement with HDFC Capital Advisors for setting up a platform worth Rs 900 crores for undertaking residential developments.
  • As per the sources, Life Insurance Corporation is to re-enter the mediclaim segment with guaranteed health products.
  • The electric vehicle startup of Faraday Future Intelligent Electric Inc to raise $600 million funds to deliver the FF 91 Luxury car.

Must Read:16 August 2022 ke Mukhya Samachar

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  • Two Electric brands- XUV and BE have been unveiled by Mahindra & Mahindra and will be rolled out from December 2024.
  • The proposal of Endeavour Investments to acquire Ambuja Cements and ACC has been approved by the anti-trust regulator CCI.
  • NMDC Ltd aims for achieving the production of 46 million tonnes of iron ores in the current FY of which the 42.19 million tonnes target has already been achieved.

Must Read:News Headlines of India today 16 August 2022
Must Read:Today Current Affairs 16 August

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