Business news India: Latest India business news headlines today 2 August 2022

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Here’s today business news, the latest business news India today 2 August 2022

  • ICICI Bank has increased its lending rate by 15 basis points.

latest business news India today 2 august 2022

  • The 10 coal mining projects of Coal India Ltd have received the green nod for the expansion which leads to an additional capacity of 9.65MT.
  • The domestic sales of Honda Cars India have increased from 6,055 units last year to 6,784 units in July.

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Latest business news India today 2 August 2022 – business news headlines today

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  • 5G spectrum auction comes to end after 7 days recording an auction of Rs. 1.5 lakh crores. Reliance Jio emerged as the highest bidder in the spectrum auction.
  • Air India allows pilots to fly up till the age of 65 years.
  • Union Bank of India is aiming to recover bad loans account worth Rs 15,000 crores in the current FY.
  • Xanadu Realty has appointed K.N. Swaminathan as the Chief Financial Officer and this would help in strengthening the leadership team.
  • Godrej Properties has acquired a land parcel in South Mumbai’s Carmichael Road for the building of luxury residential projects.

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  • GST collections have risen to 28% at Rs. 1.49 lakh crores in July 2022.
  • Anirban Gupta has been appointed as the Managing Director of Kolkata at a real estate professional investment and management firm, Colliers.
  • 19,800 MHz spectrum in 5G auction has been acquired by Airtel for Rs 43, 084 crores and is planning to launch 5G in key cities.
  • ITC Limited has witnessed a rise of 38.3% y-o-y in the standalone net profits for the first quarter of the current FY at Rs 4,169 crores.

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