Here’s today business news, the latest business news India today 28 July 2022
- Kedaara Capital and General Atlantic have together invested Rs 1500 crores in ASG Eye Hospitals and bought a 46% stake in it.
- An additional investment of $1.6 billion by Bharat Petro Resources Ltd has been approved by the Cabinet for the development of the Brazilian oil block.
- The Gujarat Semiconductor Policy has been announced by the CM of Gujarat to attract new investments in the sector by offering subsidies.
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- As per the global chief executive of Unilever, the volume of markets in India is declining along with the weakening of consumption due to inflation, especially in rural India.
- An MoU has been signed between India and Egypt for the development of a green hydrogen factory worth $8 billion in the Suez Canal Economic Zone.
- Coca-Cola is extending Limca to the no-fizz, low-sugar category with a new brand Limca Sportz, and has signed Neeraj Chopra as president for India and Southwest Asia.
- Toyota Motor Corp aims for an investment of 27.1 trillion rupiahs in Indonesia in upcoming years for the production of electric vehicles.
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- Green India Polymers, a waste recycling company, has forayed into the markets of UAE and Africa with a plan to produce and distribute PET flakes and PET bottles in the region.
- The merger of BBNL and BSNL has been approved by the Union Cabinet during the meeting.
- Bids worth Rs 1.49 lakh crores have been received by the government on Day 2 of the auction of 5G Spectrum.
- Schneider Electric has introduced Schneider Electric Retail Pavilion in India with an aim to expand its base in the market.
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