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

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Read Latest India Business News 11th September 2020:

Quote of the Day: “Minds are like parachutes. They work best when open.” – Thomas Dewar

  • Mukesh Ambani’s RIL has offered to sell a $20 billion stake in its retail arm to Amazon.
  • Indiabulls Housing Finance on Thursday sold a part stake in OakNorth Holding to HighSage Ventures LLC for Rs 440 crores.

latest india business news 11th september 2020

  • The Bangalore ITAT on Thursday dismissed an Income Tax appeal of adding Rs 152 crores worth of undisclosed income addition on Flipkart founders when they made an exit from UrbanTouch in 2012.

Must Read:Today News Headlines 11th September 2020

Latest India Business News 11th September 2020

  • Infosys, India’s second largest IT services firm, on Thursday said the company has plans to hire 500 more tech employees in Rhode Island by 2023 under its ‘Reskill and Restart’ program.
  • The ban on PubG has left Esports firms in a chase to find alternatives.
  • As part of its ongoing Series J round of funding, Zomato has raised $103 million from Tiger Global.

Must Read:Aaj ke Samachar 11 September 2020

Latest India Business News 11th September 2020

  • Groww on Thursday said the company has raised $30 million in a Series C round of funding from YC Continuity, Sequoia, and Ribbit Capital.
  • Hippo Video has raised $4.5 million in a Series A round of funding led by Alpha Wave Incubation.
  • Solicitor General, Tushar Mehta, on Thursday told the SC that the Centre is considering modalities of relief to borrowers and will decide within two weeks on banks charging compound interest during the six-month moratorium period which ended on August 31. The SC then announced that no loan will be termed new NPA till 28 September.

Must Read:11 September in Indian history: Know about September 11 special day in India, famous birthdays, events

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