Latest India Business News 17th July 2019 – Tentaran

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Read Latest India Business News 17th July 2019:

  • Air India has a debt of around Rs.60000 crores and will not be able to pay salaries to its employees after October 2019 which is why the Government is making a second attempt to sell it off.
  • In the last AGM of Wipro, the chairman, Azim Premji announced his retirement after working for almost 5 decades. He will be passing on the baton to his son at the end of July 2019.
  • The L&T CEO, S N Subrahmanyan  and said that Mindtree will continue to run as an independent entity and will operate distinctly from the other tech entities.
  • Monthly wagers of North Bengal Tea estates have threatened to go on strike if their demands for a salary hike and arrears of payments are not met immediately.

Latest India Business News 17th July 2019

latest india business news 17th july

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  • The government has been forced to infuse funds after PM Modi’s PSU banks reported a loss of 1,64,474 crores in the financial year 2016-19.
  • A majority of large enterprises have said that they are leading by implementing L&D programs especially for women.
  • Near is a data analytics startup(2012) that has raised $100 millions by collecting real-life data on consumers and merging it with online data to create wholesome profiles for its clients, WeWork, MetLife and Mastercard.
  • A group of homebuyers approached the Supreme Court to challenge the NCLAT against the violation of the Insolvency and Bankruptcy Code after their order being passed on the 2nd of July.

Latest India Business News 17th July 2019

  • Paytm Mall is expanding its Paytm Mall World Store that will make international brands available to Indian buyers from the US, Spain and other countries.
  • As saturation grows hits the internet market of China, they are now looking to plan a replica of ByteDance in India.
  • Indus is planning to host charging units all across its vast networks of telecom towers for Electric Vehicles to charge.
  • The Government is planning to launch a portal to find jobs for the Jet Airways staff that is now unemployed.
  • A woman on twitter pointed out the plastic bottles at the boardroom meeting in a picture from the chairman of Mahindra Group, Anand Mahindra. He now plans to ban plastic bottles from corporate boardrooms.

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