Here’s today business news, the latest business news India today 8 January 2022.
- Fast&Up, an active lifestyle, nutrition player, and a flagship brand of Fullife Healthcare, aims to expand globally in all major countries post-Covid.
- Clean Energy Holdings, a wholly-owned Mauritian entity of ReNew Energy Global Plc, has raised $400 million at 4.5% by issuing green bonds.
- ICICI Bank now facilitates online payment of customs duty to benefit the corporate and retail customers.
- Tamil Nadu Generation & Distribution Corporation Ltd has roped in PTC India as an aggregator for the procurement of 1500MW electricity for the next five years.
- HDFC Bank has integrated with CBIC and has made available to its customers the facility to pay customs duty directly through their bank account.
- George Kovoor has been named the Senior Vice President of PepsiCo.
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- KEC International, a procurement and construction major, bagged new orders worth Rs 1025 crore for projects in India and in the Middle East.
- JSW Steel has announced brownfield expansion project worth Rs15,000 crore at its Vijaynagar Steel Works to increase capacity by 5 MT per annum.
- An online event and conferencing platform, Zuddl, raised $13.35 million worth of funds in its Series A round of funding led by Alpha Wave Incubation and Qualcomm Ventures LLC along with participation from the existing investors.
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- Shiprocket, an E-commerce shipping, and enablement firm has announced to acquire a 75% stake in a platform for customer data, Wigzo Tech, for an undisclosed investment.
- Sanathan Textiles, based in Mumbai, has filed its draft red herring prospectus with SEBI to raise funds from IPO worth Rs 1300 crore.
- PhonePe has crossed 350 million lifetime registered users in December 2021 and has emerged as India’s largest digital payments platform across all core metrics.
- As per the RBI data, the foreign exchange reserves of India have declined to $633.614 billion as of December 31,2021 from $635.08 billion in the week ending on December 24, 2021.
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