Business news India: Latest India business news headlines today 7 January 2022

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Here’s today business news, the latest business news India today 7 January 2022.

  • IRDAI to set up hubs on Motor Insurance and Property Insurance, and an Advisory Committee to promote loss prevention measures in the Insurance Industry.
  • Reliance Retail has acquired a 25.8% stake in a quick e-commerce firm, Dunzo, by investing $200 million.
  • LuLu Group, a retailer in the Middle East, to invest Rs 200 crore for setting up a food processing plant in J&K.

latest business news india today 7 january

  • The sales of BMW Motorrad, the two-wheeler arm of BMW, have doubled in India from 2,563 units in 2020 to 5,191 units in 2021.
  • The CVC has expanded the scope of the Advisory Board for Banking and Financial Frauds to examine bank frauds of Rs 3 crore and above and recommend the necessary actions to be taken.
  • Suguna Foods, a poultry major, aims to increase its revenue from 5% to at least 20% in upcoming years from its processed foods.

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  • 1.84 crore shares of Sterling & Wilson Renewable Energy have been sold by Shapoorji Pallonji & Co. to Reliance New Energy Solar via an off-market transfer.
  • Reliance Jio has announced UPI Autopay service for its subscribers in collaboration with the National Payment Corporation of India.
  • Recently, the 10th instalment of revenue deficit grant worth Rs 9871 crore has been released by Finance Ministry to 17 states.
  • SecureNow raised $6 million worth of funds in a Series B funding round led by Apis Insurtech Fund-l and Charan Singh, who is the founder of SelectQuote Inc.

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  • HCL Technologies Ltd has completed the acquisition of a 51% stake in Gesellschaft für Banksysteme GmbH, a German IT Consulting Company.
  • IndiaMART has acquired a 26% stake in EasyEcom. by investing Rs 133.5 million through its subsidiary Tradezeal Online Pvt Ltd.
  • Airtel Payments Bank has come together with Park+ for offering FASTag-based smart parking solutions to commercial and residential properties throughout India.
  • Reliance Industries received $4 billion in three parts from the largest ever foreign currency bond issuance from India.

Must Read:7 January ke Mukhya Samachar

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