Business news India: Latest India business news headlines today 25 June 2022
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Here’s today business news, the latest business news India today 25 June 2022
- The Central Government is planning to roll out e-passports to make international travel easier and protect against identity theft.
- The board of Canara Bank has approved the capital raising plan of Rs 9,000 crores via a combo of additional tier-1 and tier-2 bonds with no equity expansion plan.
- Shadowfax Technology, a third-party logistics provider, to hire 75,000 delivery partners to expand its delivery networks by next month.
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- The GST Council to consider changes in GST monthly payment form GSTR-3B to prevent fake billing.
- Raymond plans to become a debt-free company in the upcoming years and focuses on liquidity management via cost-reduction initiatives and optimization of working capital.
- Tata Chemicals Europe has opened up the first industrial-scale carbon capture and usage plant in the UK to meet the net-zero targets of the company.
- The draft notification for the introduction of the “Bharat New Car Assessment Program” via crash tests has been approved by Nitin Gadkari.
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- EV start-up Mecwin India will be investing Rs. 50 crores in setting up a manufacturing plant in Bengaluru.
- The deadline for tokenization of credit and debit cards has been extended by three months by the Reserve Bank of India till September 30, 2022.
- Ola Electrics has crossed the revenue of Rs 500 crores in the first two months of the current FY and is on track to surpass USD 1 billion run rate by the year-end.
- Mecwin India to invest Rs 50 crores for setting up a manufacturing plant for EV motors and controllers to cater to the demand for mid drivers and hub motors.
- The remaining 10% equity stake in Rohit Ferro Tech has been acquired by Tata Steel Mining for Rs 20 crores.
Must Read:News Headlines of India today 25 June 2022
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