Business news India: Latest India business news headlines today 20 January 2022

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Here’s today business news, the latest business news India today 20 January 2022.

  • JSW Energy has reported a surge of 162% in its net profit in the third quarter at Rs 324 crore as compared to Rs 124 crore last year, and is going to announce its first green hydrogen project.
  • GOI has approved a sanction worth Rs 973.74 crore to SBI for rein related to the loan moratorium implemented in 2020.
  • Hitachi Energy India has bagged an order worth Rs 160 crore for providing key electric components to support the electrification of rail routes in India.

latest business news india today 20 january

  • Cabinet Committee on Economic Affairs has approved an equity infusion of Rs 1500 crore in IREDA for enabling it to lend Rs 12,000 crore for green energy projects.
  • Automobili Lamborghini, an Italian super luxury carmaker, has reported 86% growth in 2021 by sales of 69 units in India as compared to 37 units in 2020.
  • CredR, a platform for buying and selling used two-wheelers, has announced to invest USD 15 million in its business in 2022-23 for business expansion by setting up 50 showrooms.

Must Read:News Headlines of India today 20 January 2022

Latest business news India today 20 January 2022 – business news headlines today

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  • NTPC has emerged as the top user of biomass, having co-fired 59,000 MT of biomass in thermal power plants in the country.
  • HeroElectric has partnered with Mahindra Group for joint development and manufacturing of electric two-wheeler business.
  • Dileep Sanghani has been elected as the Chairman of the Indian Farmers Fertilizer Cooperatives.
  • ArcelorMittal India- linked firms have emerged as the front runner for the acquisition of Indian Steel Corporation, which was admitted for debt resolution by the bankruptcy court.

Must Read:20 January ke Mukhya Samachar

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  • A neobank for teenagers, Fyp, has acquired an ed-tech start-up Edunify to expand its user base via school tie-ups across India.
  • Dogsee Chew, a natural pet treat brand, has raised Rs 50 crores in a Series A funding round from Mankind Pharma, Sixth Sense Ventures, and other existing investors.
  • An ed-tech start-up, Classplus, has appointed Manish Chawla as the Chief Technology Officer.
  • Coal India Ltd. has committed to meet the elevated demand for dry fuel from the power sector and of coastal plants dependent on imports.
  • SOCIAL gaming and entertaining platform, WinZO, has roped in Youtuber Carry Minati as its brand ambassador.

Must Read:20 January in Indian history

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