Business news India: Latest India business news headlines today 30 December 2021
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Here’s today business news, the latest business news India today 30 December 2021.
- GoI has aked the power plants to import coal from other nations to neer the demands for the summer and rainy season.
- Zetwerk Manufacturing Business is reported to have raised $210 million in a Series F round of funding from Greenoaks Capital based in the US.
- GOI has invited applications from investors to invest under the PLI Scheme for specialty steel.
- ED is reported to have attached assets of Popular Finance Group and its promoters worth Rs.33.84 crores under Prevention of Money Laundering Act.
- Vishal Jain, head -ETF and fund manager at Nippon India Mutual Fund, is reported to have resigned. He was part of the founding team of Nippon India ETF Nifty BeES, India’s oldest ETF.:LiveMint
- Bajaj Housing Finance has announced a new festive deal by offering home loans at 6.65% for customers with high credit scores.
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- Amara Raja Batteries has announced its plans to invest in a European technology manufacturer and developer InoBat Auto for e-mobility.
- According to a report by RBI, the gross NPA ratio of SCBs is likely to increase from 6.9% in September 2021 to 8.1% till September 2022 under the baseline scenario.
- A food processing major, LULU Group, to set up a 100% export-oriented food and agriculture processing park with investments worth Rs 500 crores in Greater Noida.
- REC Power Development and Consultancy, an arm of REC, has handed over the Kallam Transmission Ltd to a Consortium of IndiGrid trust.
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- NTPC has received an interim dividend worth Rs 135 crore from NTPC Tamil Nadu Energy Company Ltd in the current fiscal.
- Bajaj Auto Ltd has announced its plan to set up an electric vehicle manufacturing facility with Rs 300 crore investment at Akurdi, Pune.
- Mamaearth parent, Honasa Consumer Pvt Ltd, is reported to have raised $37 million in a Series F round of funding at a valuation of over $1 billion valuation.
- RuPay Business Platinum Debit Card has been launched by the Central Bank of India in partnership with NPCI for the corporates.
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