Business news India: Latest India business news headlines today 9 June 2022

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Here’s today business news, the latest business news India today 9 June 2022

  • India may allow wheat exports of 1.2 million tonnes soon to clear cargo stocks.
  • For a term loan of Rs 8,000 crore, Vedanta Ltd has pledged a stake of 5.77% in Hindustan Zinc Ltd.
  • Payment of interest of Rs 1.41 crore has been defaulted by Future Enterprises Ltd for its non-convertible debentures.

latest business news India today 9 june 2022

  • Hinduja Tech partners with Senseye to explore the IoT market.
  • Ayana Renewable Power Private Limited signed an expression of interest with the Karnataka government for the development of wind and solar power projects of 2gigawatts with Rs 12,000 crore investments.
  • Porsche, a German sports luxury car manufacturer, has entered into the pre-owned car segment in India with a comprehensive warranty of 12 months.

Must Read: 9 June in Indian history

Latest business news India today 9 June 2022 – business news headlines today

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  • RBI has allowed the linking of credit cards to UPI to allow more users to use the payments platform.
  • The license of The Mudhol Co-operative Bank Limited, Bagalkot has been canceled by the Reserve Bank of India due to the bank not having adequate capital and earning prospects.
  • Enhanced Access and Service Excellence reforms have been launched by FM Nirmala Sitharaman for the state-run lenders.
  • The exports from India have increased by 24.18% during June 1-7 2022 to $ 9.39 billion as compared to $ 7.56 billion in 2021.
  • The Minimum Price Support on Paddy has been increased by GOI to Rs 2040 per quintal for the crop year 2022-23 along with increment for all the other 23 mandated Kharif crops.

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  • IBM begins closing off its business in Russia amid the Russia-Ukraine war.
  • The rights to manufacture and distribution of a popular game Abalone have been acquired by Funskool India from Asmodee.
  • Hinduja Tech has entered into a partnership with Senseye, a machine health management company, to foray into the IoT market factory.
  • RBI has increased the e-mandate limits on cards for recurring transactions from currently Rs 5,000 to Rs 15,000.
  • As per the data by ISMA, the exports of sugar from India have reached 8.6 million tonnes till the ongoing marketing year from May 2021-22 ending in September.
  • Repose Mattress Pvt Ltd aims for setting up a new factory in Bhubaneswar to tap the Northern region.

Must Read:News Headlines of India today 9 June 2022

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