Business news India: Latest India business news headlines today 16 November 2021
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Here’s today business news, the latest business news India today 16 November 2021.
- Petpooja, a digital services provider to restaurants, has reportedly raised $4.5 million in a funding round led by Aroa Ventures along with participation from GVFL, Dr Mayur Desai, Udaan and other investors.
- Bank of Maharashtra has emerged as the best performer in the PSU lender charts in terms of savings deposit growth and loans in the Q2 of the current FY.
- As per the reports, Sandeep Chaudhary, the General Counsel of Ola, has resigned after nine months stint with the company.
- Canada Pension Investment Board and Phoenix Mills, a retail mall developer, has inked into a joint venture for the development of an office-led mixed-use asset in the Lower Parel area of Mumbai.
- Bharti Airtel has formed Environmental, Sustainability, and Governance Committee for increasing its focus on environmental initiatives and opt for best practices.
- HDFC Bank has recently launched the second edition of “Mooh Band Rakho” campaign for increasing awareness about all types of frauds and keeping mouth shut for ensuring prevention.
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- Saif Ali Khan has been roped in by Diageo India for promotion of its Black Dog scotch whisky brand- Black Dog Millard’s Private Reserve 14-year-old for a tribute to its founder.
- Macrotech Developers Ltd, a real estate firm earlier known as Lodha, has launched its QIP share sale to raise up to Rs 4000 crore from institutional investors.
- Mondelez International, a chocolate maker, has invested a significant amount in the Circulate Capital Ocean Fund, the world’s first investment fund for the resolution of the plastic crisis in India and parts of South Asia.
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- NCLT has reportedly ordered the liquidation of Nakshatra Brands owned by Mehul Choski, a fugitive diamond trader charged for duping crores of rupees.
- As per sources, Honda Motorcycle and Scooter India are overlooking to introduce multiple products to take on Royal Enfield.
- Karnataka Bank has launched a new KBL Current Account- Premium Scheme for small and medium entrepreneurs along with a CASA campaign.
- Apollo Tyres, as per reports, might hike the prices of its products by 3% to 5% to offset the rising commodity prices in the domestic market in Q3 of the current FY.
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