Business news India: Latest India business news headlines today 2 November 2021

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Here’s today business news, the latest business news India today 2 November 2021.

  • MakeMyTrip and Amazon Pay have joined hands to provide travel services, including flights, bus bookings, and hotels to the latter’s customers. It will help MakeMyTrip to extend its customer base in smaller towns and accelerate online booking services.
  • As per the brokerage firm Bernstein, Reliance Jio, Bharti Airtel and Vodafone Idea will grab 47% 31%, and 20% respectively of revenue market share by 2025.
  • CS Venkatakrishnan is the newly appointed Chief Executive Officer of  Barclays, with immediate effect.

latest business news india today 2 november

  • Unified Payment Interface has recorded for about 4 billion transactions worth Rs 7.71 trillion in October 2021, an all-time high, due to the festive season.
  • The Hosteller, a backpacker hostel chain, has reportedly raised $ 1 million in a funding round led by FAO Ventures and CA Holding LLP with active participation of SUNiCON Ventures, Jito Angel network, and FAAD Network.
  • As per reports, Paytm will raise $1.1 billion as part of India’s largest IPO from sovereign wealth funds and anchor investors such as Black Rock Inc., Canada Pension Plan Investment Board, and GIC Pte.

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Latest business news India today 2 November 2021 – business news headlines today

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  • Pratip Chaudhari, the former chairman of SBI, has been arrested in an alleged loan scam in a property owned by Godawan Group, which took a ₹24 crore loan in 2008 by SBI for hotel construction.
  • Suzuki Motorcycle India has reported a 10% fall in its total sales of 76,865 units in October 2020 to 69,186 units in October 2021.
  • The Indian Oil Corp will, reportedly, invest ₹3681 crores for setting up a petrochemical facility at the Panipat refinery. It will have the capacity to produce 120 kilotonnes per annum of MAH to make special products.
  • Sharad Sharma has been appointed as the Non- Executive Director of Yes Bank with effect from 01 November 2021.

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Latest business news India today 2 November 2021 – business news India today

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  • NCC Ltd has reportedly bagged a new order worth Rs 442 crore from the state government agency in October pertaining to the mining division with no internal order, as per the company in BSE filing.
  • Tarsons, a plastic labware maker, has become India’s first company to foray into Rs 24000 crore global market for the manufacturing of PCR and cell culture products segment.
  • IndJets has become the fourth company after Vodafone, Airtel, and Nelco to receive government approval for providing internet facilities in flight.

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