Business news India: Latest India business news headlines today 4 May 2021

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Here’s today business news, the latest business news India today 4 May 2021.

  • India Business Excellence Fund – III, managed and advised by Motilal Oswal PE, is said to have invested $25 million in Fincare Small Finance Bank for a minority stake.
  • WinZO reportedly said to have given a complete exit to early investor Hike Pvt. Ltd through a share buyback worth $12 million.

latest business news india today 4 may 2021

  •  Mogae Media is said to have acquired advertising agency Rediffusion India.
  • Pfizer is said to be in discussions with the Indian government to get early approval for its covid-19 vaccines under revised regulations.
  • Verizon Communications Inc has reportedly agreed to sell its media unit, including Yahoo and AOL, to Apollo Global Management Inc for around $5 billion.
  • Kerala Housing Finance scam: To recover dues, Sebi will auction property of Kerala Housing Finance at a reserve price of ₹55 lakh on June 4.

Must Read: Today news headlines in Hindi

Latest business news India today 4 May 2021 – business news headlines today

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  • The government has waived IGST on the import of COVID-related relief material donated or received free of cost from outside India for free distribution till June 30.
  • Digitas, a Publicis Groupe firm, announced the appointment of Abhishek Chaturvedi as senior VP and head of planning.
  • MullenLowe Group has promoted S. Subramanyeswar as chief strategy officer for the Asia-Pacific region.
  • RBI is said to have imposed a penalty of Rs.3 crores on ICICI Bank for contravention of certain directions

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Latest business news India today 4 May 2021 – business news India today

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  •  Singhania Education Services is launching Quest+, an online education platform.
  • Ministry of food processing has invited EoI from companies for availing incentives under the Production-linked Incentive scheme.
  • PepsiCo Foundation is said to have partnered with Sustainable Environment and Ecological Development Society to launch a community COVID-19 vaccination drive and set up COVID care centres.

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