Business news India: Latest India business news headlines today 28 March 2023

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Here’s today business news, the latest business news India today 28 March 2023

  • As investors consider the SVB Acquisition among banking risks, gold prices decline.
  • Sun Pharmaceutical To Suffer From A Ransomware Attack
  • Report: Mamaearth’s parent postpones its IPO (public offering).

Latest business news India today 28 march 2023

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Latest business news India today 28 March 2023 – business news headlines today

  • Manipal Health Enterprises has reportedly acquired Kolkata-based Advanced Medical Research Institute Hospitals in a deal worth ₹2,400 crores.
  • LIC is reportedly planning to invest ₹2.4 trillion across markets, including shares of locally traded companies, in the upcoming financial year 23-24.
  • The government is reportedly planning to raise around ₹3,000 crores in FY24 by selling engineering and ground handling companies that used to be units of Air India.
  • RBI has extended the deadline for Paytm Payments Services Ltd to reapply for a payment aggregator licence. It has, however, not lifted the restrictions on enrolling new online merchants:Mint
  • Temasek Holdings, Canada Pension Plan Investment Board, and Warburg Pincus are keen to participate in Niva Bupa Health Insurance Ltd’s upcoming $100 million fundraising; reported Mint.
  • Crompton Greaves Consumer Electricals has reportedly proposed a scheme of amalgamation of Butterfly Gandhimathi Appliances with the company.
  • Akasa Air founder and CEO Vinay Dube has reportedly said that the airline is looking to launch international flights before the end of the year.

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Latest business news India today 28 March 2023 – business news India today

  • State Bank of India has sold ₹341 crore of principal loan outstanding from Atibir Industries to CFM Asset Reconstruction Company for ₹250 crore through a Swiss challenge auction; reported ET.
  • The plan of Reliance Capital’s lenders to conduct a second round of auction has hit a roadblock, as bidders are apparently not inclined to another round under the insolvency resolution process.
  • Health insurance TPA Medi Assist is reportedly set to acquire a 100% stake in Raksha Insurance TPA.
  • Public sector banks will reportedly submit a plan to the government for dealing with key business risks within two weeks.
  • Adani Group and Reliance Industries have reportedly pulled out of the race to acquire SKS Power Generation.
    Union Minister for Information and Broadcasting Shri Anurag Thakur, Union Minister for Civil Aviation Shri Jyotiraditya Scindia and Union Minister of State for Civil Aviation General V.K.Singh flagged off the first Indigo Airline Delhi-Dharamshala-Delhi flight yesterday.

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