India News Headlines: Latest India Business News 15th September 2020
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Read Latest India Business News 15th September 2020:
Quote of the Day: “The best business partners have opposite strengths. I chose my partner because she was brilliant where I was terrible. Together we built a huge business.” – Barbara Corcoran
- As most of JPMorgan Chase & Co.’s employees worked from home in times of COVID-19, a troubling pattern emerged for the company which resulted in lack of productivity.
- SEBI’s forensic audit of CG Power and Industries Solutions pointed to collusion between some of the company’s lenders and promoters.
- Toyota Motor Corp. has halted its expansion in India, due to the country’s high tax regime.
- India is proposing to drop a condition that the winning bidder for Air India will have to take on a $3.3 billion of aircraft debt.
- PVR on Monday reported a Q1 consolidated net loss of Rs 226 crores as the business remained shut for film exhibition due to the COVID-19 Pandemic.
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Latest India Business News 15th September 2020
- Bounce has received a homologation certification from the International Centre for Automotive Technology (ICAT).
- Apollo Hospitals Enterprise on Monday reported a Q1 consolidated net loss of Rs 226.24 crores.
- Abidali Neemuchwala, former Chief Executive and MD at Wipro has now joined DVP as a venture partner.
- Indian Oil is planning to expand its petrochemicals capacity. The company is targeting textiles in hunt for margins.
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Latest India Business News 15th September 2020
- Saptagir Laboratories on Monday announced an agreement with Jubilant Generics to manufacture Remdesivir.
- Dream Sports has secured $225 million in a new round of funding led by Tiger Global Management, TPG Tech Adjacencies, and ChrysCapital.
- Facebook India on Monday announced the appointment of Arun Srinivas as director of its global business group. He will lead strategies and deliveries of India’s marketing solutions that are focused on advertisers and agencies.
- Infosys on Monday announced a definitive agreement to acquire GuideVision.
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