Latest India Business News 13th November 2019 – Tentaran
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- Embassy Office Parks REIT is currently planning to raise debt and equity to finance its potential acquisitions as it looks to expand its 33 million sq.ft portfolio.
- Wipro tied up with Lithium Urban Technologies, an Electronic Vehicle Service provider for its employees’ easy commute across the country.
- Viacom18 launched ‘VOOT Kids’ that is a multi-format kids app. The app’s subscription is priced at Rs 99 per month and Rs 799 per year.
- The Chairman of Hero Corporate Services, Sunil Munjal and Hemendra Kothari, a veteran investment banker and founder of the DSP Group held talks with Yes Bank to purchase its 5-10% stakes each.
- The Vodafone Group Plc’s Indian venture, Vodafone Idea Ltd is headed towards liquidation unless the govt eases off on their demands for mobile spectrum fees and license fee of around $4 billion.
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Latest India Business News 13th November 2019
- Metropolis Healthcare’s second-quarter net profit jumped up by 44% to nearly Rs 43 crores.
- Edelweiss aims to raise $1 billion from foreign investors including South Korea’s Meritz in the upcoming 12 months.
- Lodha Group which is under a total debt of Rs 19000 crores has arranged Rs 2300 crores to repay its bonds that are maturing in March 2020.
- The Banks Board Bureau recommended 3 names to be appointed as the MD and CEO at the 3 public sector banks including LV Prabhakar for Canara Bank, Sanjeev Chadha for Bank of Baroda, and Atanu Kumar Das for Bank of India.
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Latest India Business News 13th November 2019
- Milk-delivery startups in the hyperlocal markets of Mumbai are looking to merge with their rivals due to insignificant equity funding.
- The hospital in Bengaluru which is being vacated by Narayana Hrudayalaya has now been taken on lease by Aster DM Healthcare.
- Airbnb counted India among its top 3 fastest-growing emerging markets.
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