India News Headlines: Latest India Business News 14th July 2020

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Read Latest India Business News 14th July 2020:

Quote of the Day: “Focus on being productive instead of busy.” – Tim Ferris

  • Glenmark Pharmaceuticals on Monday announced that the company has reduced  27% of the price of FabiFlu to Rs 75.
  • Piramal Enterprises is seeking new investors, including hedge funds to help raise cash and fund working capital for its half-built real estate projects.

latest india business news 14th july 2020

  • According to Kantar, household expenditure on FMCG rose up 4.3% between March and May.
  • Wipro Chairman, Rishad Premji said the company has not laid off a single employee due to the rise of the COVID-19 pandemic. He also added that the company has no plans to do so at the moment.
  • Auto firms including Tata Motors, Ashok Leyland, and M&M turned their focus to producing 15% more light commercial vehicles.

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Latest India Business News 14th July 2020

  • Cyrus Mistry, former chairman of Tata Sons has accused the company of withholding material information from courts and its shareholders.
  • PepsiCo on Monday reported a double-digit volume decline in its India beverage business.
  • IncNut Digital raised $4 million in a Series A round of funding led by RPSG Ventures.
  • The Bombay HC dismissed a petition by Zee Learn that seek a moratorium on payment of NCDs dues to UTI mutual fund.
  • Capital Foods won an interim relief in trademark dispute over Schezwan Chutney.
  • IATA on Monday said Airlines in the Asia Pacific region are expected to report losses of $29 billion during 2020.

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Latest India Business News 14th July 2020

  • UiPath, on Monday announced that the company raised $225 million in a Series E round of funding led by Alkeon Capital Management, valued at $10.2 billion.
  • Google has partnered with CBSE to promote online education in India. The company announced this at the Google For India event on Monday.
  • ITC Hotels on Monday announced that it has partnered with Zomato for food delivery across India.
  • Toyota Kirloskar Motor India on Tuesday announced new finance schemes to push retail sales by reducing upfront cost of buying vehicles for its potential customers.
  • Mystifly raised $3.3 million in its pre-Series B round of funding led by Recruit Holdings.

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