India News Headlines: Latest India Business News 11th July 2020

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Read Latest India Business News 11th July 2020:

Quote of the Day: “Negotiate to get what you want for yourself. You do not get what you deserve. You get what you negotiate for.” – Chester L Karrass ”

  • Voda Idea on Friday paid Rs 2850 crores and cleared their dues in relief for Franklin Templeton India investors.
  • Ratan Tata has accused Cyrus Mistry of misleading the SC in the ongoing legal tussle between the two sides.

latest india business news 11th july 2020

  • The SC on Friday transferred all cases by Amrapali homebuyers to the ED to investigate all the cases being probed by the Economic Offences Wing.
  • 6 companies including BHEL, CRRC Pioneer, Bharat Industries, Electrowaves Electronics, Medha Servo Drives, and Powernetics Equipment have submitted bids for Train 18/Vande Bharat train sets.

Must Read: Special Day Today: What is Today in history India 11 July

Latest India Business News 11th July 2020

  • Ola on Friday said that two of its senior executives, Arun Srinivas and Sanjiv Saddy have resigned.
  • Rossari Biotech on Friday said the company raised Rs 148.87 crores from anchor investors, ahead of its IPO which is set to open on 13 July.
  • Shoppers Stop on Friday announced that its MD & CEO, Rajiv Suri resigned from the company.
  • Mukesh Ambani’s RIL shares are breaking records. Meanwhile Ambani is getting richer than Warren Buffett.
  • Zomato doubles its revenue to $394 million as losses marginally increased in FY20.
  • China’s PBoC cut down HDFC stake in the quarter ending June.

Must Read: Today News Headlines 11th July 2020

Latest India Business News 11th July 2020

  • IRCTC on Friday reported a Q4 net profit jump by 80% to Rs 150.6 crores.
  • PVR Cinemas is planning to diversify into F&B products post COVID-19 pandemic.
  • The Karnataka government on Friday decided to resume university courses from 1 October.
  • Tata Motors group global wholesales in the April to June quarter dipped 64% to 91,594 units as compared to Q1 FY20.
  • Oyo’s CEO, Rohit Kapoor said that the company will shift its focus on European, South-East Asian, and Indian markets for fresh bookings as curbs relaxed.

Must Read: Aaj ke samachar 11 July 2020

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