Latest India Business News 11th February 2020 – Tentaran

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Read Latest India Business News 11th February 2020:

Quote of the Day: “Always deliver more than expected.” – Larry Page

  • Sunshine Teahouse that runs Chaayos raised $21.5 million in a Series B2 round of funding led by Think Investments.
  • Uber is planning to offer self-driving car rentals and shuttle bus services in India to trump their rivals, Ola.

latest india business news 11th february 2020

  • After a large capital infusion by Brookfield, IndoStar Capital Finance said that it is planning to acquire small NBFCs.
  • GMR Airports has received the concession commencement date for design, construction, financing, operation, and maintenance of the new International airport of Heraklion in Greece.

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Latest India Business News 11th February 2020

  • The competition commission has approved Mahindra & Mahindra’s acquisition of a majority stake in a wholly-owned subsidiary of Ford Motor Co to create a JV.
  • WorkIndia, a platform for job-seekers, raised Rs 42 crores from Xiaomi.
  • Amazon’s India unit filed a writ petition to seek a stay on the probe ordered by the country’s antitrust regulator against the company for alleged violations of the competition law.
  • Bharat Forge reported an 81% decline in its Q3 profit to Rs 40.44 crores.
  • Motherson Sumi Systems reported a 38.67% decline in the consolidated net profit for the third quarter to Rs 340.32 crores.
  • The Government e-Marketplace (GeM), an online platform for public procurement completed procurements worth Rs 40000 crores on Monday.

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Latest India Business News 11th February 2020

  • SBI entered into a partnership with Realme to offer finance to the distributors and dealers of Realme through SBI’s electronic lending product.
  • Cognizant Technology is planning to hire more than 20000 technical graduates in India this year as a growing number of students are equipping themselves with digital skills.
  • CitiusTech earmarked $100 million for potential acquisitions.
  • HDFC Bank on Sunday announced the appointment of Anjani Rathor as its new Chief Digital Officer.

Must Read: Today News Headlines 11th February 2020

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