Business news India: Latest India business news headlines today 3 September 2021

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Here’s today business news, the latest business news India today 3 September 2021.

  • SEBI has reportedly approached SC against SAT’s order on the PNB Housing Finance matter of Rs 4000 cr equity capital raise plan.
  • $750 million have been raised by Adani Green Energy by sales of Green Bonds to finance its under-construction projects.
  • Exports of India reportedly increased in August by 45.17% on a y-o-y basis being at $33.14 billion, main products being engineering goods, petroleum products, gems and jewellery, chemicals etc.

latest business news india today 3 september 2021

  • GOI has reportedly planned to draft a new bill to define Cryptocurrencies as commodities to be used for all purposes, including taxation, payments, utility and investments.
  • HCL Technologies has launched HCL Cisco Ecosystem Unit for creating solutions to accelerate a client’s digital journey.
  • A decline of 12% in sales of FMCG products was reportedly seen in August due to tapering off demands. Lack of online sale events and heavy monsoon in the North has triggered the decline of around 20% for high-value electronics.

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Latest business news India today 3 September 2021 – business news headlines today

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  • The personal loans market of India is said to have got a boost from 2.3 to 3.8 times by volume in terms of disbursals from FY 2017 to FY 2021, majorly because of young adults below 25 years of age who availed short-term low-value credits.
  • SEBI is reportedly planning to lay down norms for regulations of online trades in gold sold by FinTech firms and brokerages.
  • Indian Banks have reportedly recently approached the RBI to raise the limits on overseas sales of bonds under the AT-1 category to facilitate diversification of capital-raising resources.

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Latest business news India today 3 September 2021 – business news India today

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  • Catamaran Ventures, Narayan Murthy’s firm has reportedly sold its 51% stake in Aon India Insurance Brokers to Aon Plc, UK.
  • The transaction volume of UPI reportedly crossed Rs.355 crores with a surge of 9.6% in August 2021, indicating a steady increase in the adoption of e-payments.
  • CEO Rajiv Ranjan Singh, CFO G.Krishna Hari of Karvy Stock Broking have been reportedly arrested by Hyderabad police allegedly for being involved in the IndusInd Bank default case.

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