Latest India Business News 13th February 2020 – Tentaran

Please follow and like us:

Read Latest India Business News 13th February 2020:

Quote of the Day: “Deal with crisis in such a way that you can hold your head high and sleep well at night.” – Ratan Tata

  • The Indian Railways is planning to offer around 500 trains to private operators over the next 5 years.
  • Wockhardt sold a part of its domestic branded formulations divisions and a manufacturing facility at Baddi in Himachal to Dr. Reddy’s Laboratories for Rs 1850 crores.

latest india business news 13th february 2020

  • Inflexor Ventures launched a new $100 million early-stage fund to invest in tech startups.
  • Yes Bank said that it received non-binding expressions of interest from around 4 prominent investors because of which they will delay in publishing their financial results of the December quarter till either 14 March or before.
  • IRCTC reported Rs 206 crores of profit after tax for the quarter ending in December 2019 as compared to Rs 73.6 crores from a year ago.

Must Read: People that played a role on this day in history 13 February

Latest India Business News 13th February 2020

  • Tata Chemicals’s promoter, Tata Sons is planning to increase its stake in the company to 25.26% by acquiring around 1.08% stake from other group firms.
  • Ashok Leyland’s Q3 consolidated net profit declined 86.68% to Rs 57.11 crores.
  • Swiggy announced the introduction of ‘BrandWorks’ to co-create delivery brands with its restaurant partners.
  • Tata Trusts named Srinath Narasimhan as their first chief executive, signifying a shift to a professional leadership framework.

Also Read: Today News Headlines 13th February 2020

Latest India Business News 13th February 2020

  • JM Financial raised a total of Rs 300 crores in debt.
  • Hindalco Industries reported a 24% year-on-year fall in its consolidated net profit for Q3. Their net profit for the quarter that ended in December 2019 was Rs 1062 crores.
  • Bharti Airtel’s wholly-owned subsidiary, Network i2i is planning to raise an additional Rs 1780 crores via perpetual bonds.
  • Former IOC and BPCL chairman, Sarthak Behuria has joined RIL as a senior advisor.
  • ABB India bagged two orders worth Rs 191 crores to supply traction equipment for Chittaranjan Locomotive Works, and industrial drives to Megha Engineering and Infrastructures.
  • Ratan Tata reached a million followers on Instagram.

Recommended Reading: New Rule for Women’s T20 in Australia introduced by International Cricket Council

For more articles like, “Latest India Business News 13th February 2020”, do follow us on FacebookTwitter, and Instagram.

Leave a Reply

Your email address will not be published.

The content and images used on this site are copyright protected and copyrights vests with their respective owners. We make every effort to link back to original content whenever possible. If you own rights to any of the images, and do not wish them to appear here, please contact us and they will be promptly removed. Usage of content and images on this website is intended to promote our works and no endorsement of the artist shall be implied. Read more detailed ​​disclaimer
Copyright © 2019 All rights reserved.
× How can I help you?