Business news India: Latest India business news headlines today 18 March 2023

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Here’s today business news, the latest business news India today 18 March 2023

• Delhi high court has reportedly directed the Centre and the Delhi government to immediately address DMRC’s request to extend sovereign guarantee, or interest-free debt, to help clear arbitral award dues to Reliance Infrastructure-owned Delhi Airport Metro Express.
• Air India has reportedly offered a second round of VRS for employees in just about a year since its takeover by the Tata group.
• HDFC Would Examine Raising $57,000 Billion Via Debt
• The Himachal Pradesh Chief Minister delivers the state assembly’s 2023–24 budget.
• Positive About Increasing Client Deliveries: next TCS CEO K Krithivasan

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Latest business news India today 18 March 2023 – business news headlines today

• Finsire, a fintech firm, is reported to have raised seed funding of $1.3 million led by DevX Venture fund.
• Adept, an AI startup, is said to have raised $350 million in a Series B round of funding led by General Catalyst and Spark Capital.
• Swiggy announced not to charge commission for the first month from new restaurant partners.
• Bharat Petroleum Corporation Limited has appointed G. Krishnakumar as MD & CEO. He is currently serving as the Executive Director.
• Tata Consumer Products said that it had ceased discussions with Bisleri International about a potential acquisition.
• Anita Kotwani has been promoted to the level of CEO of media for South Asia by Dentsu India.
• NCLT has reportedly approved the merger of HDFC and HDFC Bank.
• Gail (India) is said to have signed an MoU with Shell Energy India Private Limited to explore opportunities in different facets of energy value chain.

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Latest business news India today 18 March 2023 – business news India today

• Sterlite Power is said to have been awarded the transmission project for the evacuation of power from renewable energy zones in Rajasthan.
• Luxor Writing Instruments has reportedly signed cricketer Virat Kohli as its new brand ambassador.
• PhonePe announced to have raised an additional $200 million in primary capital from Walmart, at a pre-money valuation of $12 billion.
• NCLT has reportedly approved a resolution plan submitted by Welspun Group for the turnaround of Sintex BAPL.
• The government signed memorandums of understanding with 27 companies, kickstarting the Rs 6,322-crore production-linked incentives scheme for specialty steel.
• Prasar Bharati has extended its contract with news agency ANI Media for another two years, I&b minister Anurag Thakur has informed the Rajya Sabha; reported ET.
• DCGI has written to drug controllers of all states and UTs and the Pharmacy Council of India asking them to ensure that pharmacists are physically present in retail medical stores and that medicines are sold under their direct supervision; reported ET.

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