Business news India: Latest India business news headlines today 8 December 2022

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Here’s today business news, the latest business news India today 8 December 2022

• The repo rate has been increased by 35bps to 6.25% and the standing deposit facility stood at 6% according to the Monetary Policy Committee of the RBI.
• An additional function of UPI platforms has been introduced by the governor of RBI that will allow multiple debits.

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Latest business news India today 8 December 2022 – business news headlines today

• The Chairman of Tata Sons N. Chandrasekaran has been appointed as the Chair of B20 India and will lead the business agenda during the G-20 meetings.
• Virat Kohli has been roped in as the Brand Ambassador of smartwatch brand, Noise.
• The Quantum Ecosystems Technology Council of India has signed an MoU with T-Hub for the development of supporting ecosystems for the start-ups working in the field of Quantum Technologies.
• Princeton Data Group has started with its new data centre in Mumbai with $300 million investments and is providing 48MW of IT capacity across two buildings.

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Latest business news India today 8 December 2022 – business news India today

• The new assembly facility of Royal Enfield in Brazil has commenced its operations with a capacity of 15,000 units per year.
• The secondary sales of the Affirma Capital’s investment in Craftsman Automation has now been completed.
• Arun Kumar Singh has been appointed as the Chairman and Managing Director of ONGC.
• The government of West Bengal has planned to setup 1000 electric vehicles charging stations in the upcoming years for encouraging the adoption of eco-friendly automobiles.
• A controlling stake has been acquired by Shriji Polymers (India) Limited in Parekhplast India Ltd.

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