Business news India: Latest India business news headlines today 3 September 2022
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Here’s today business news, the latest business news India today 3 September 2022
- GMR Group to divest 40% stake for Rs. 1,350 crores in Philippines’ Mactan Cebu Airport.
- Shyam Steel announced a CAPEX of Rs 2500 crores in Bengal for over FY25 to expand retail operations across North India and for capacity augmentation.
- Jasprit Bumrah has been roped in as the brand ambassador by Reliance Retail for its activewear apparel.
- Google will be extending the third-party ‘in app’ billing system pilot in India.
- Peel Works to replace its entire fleet of fossil fuel-based vehicles with electric vehicles with procurement of 100 units in the first phase.
- The NPA recoveries have been doubled by Bombay Mercantile Co-operative Bank from Rs 6.10 crores in 2021 to Rs 13.54 crores in the current FY.
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Latest business news India today 3 September 2022 – business news headlines today
- Starbucks has appointed Laxman Narasimhan as its new CEO.
- Induslnd Bank has signed a pact with the Asian Development Bank for the promotion and support of supply chain finance solutions in India.
- Ahmed Rahimtool has been appointed as the Chief Marketing Officer by an alcoholic beverages maker Tilkanagar Industries Limited.
- WardWizard Innovations and Mobility has reported a decline of 14% in sales from 2001 units sold in 2021 to 1729 units sold in the current FY.
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Latest business news India today 3 September 2022 – business news India today
- Maruti Suzuki’s total sales go up by 26% with 1,65,173 units sold in August.
- Olectra Greentech Ltd has received a Letter of Award for 100 buses from the Assam State Transport Corporation and is to be delivered over 9 months.
- Reliance Life Sciences has earmarked Rs 2500 crores for the upcoming years for the development of gene therapies and vaccines along with capacity expansion.
- Lambretta, an Italian brand, is to make its comeback in India with a plan to have local production.
- The Reserve Bank of India has begun with an initiative for digitisation of the rural finances.
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