India News Headlines: Latest India Business News 17th September 2020

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Read Latest India Business News 17th September 2020:

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  • Motherson Sumi Systems is aiming to garner a quarter of its revenue from diversifying its operations in new segments like aerospace, defence, healthcare, and information technology over the next 5 years in order to reduce its dependence on the automotive component business.

latest india business news 17th september 2020

  • Lenders to the Aircel Group have written to the RBI for bridging the gap between India’s Sarfaesi Act and IBC.
  • Flipkart is planning to list itself overseas  by next year as the platform is benefiting from the accelerated adoption of digital platforms for shopping and payments.
  • Tata Projects emerged as the winner for the new Parliament complex project as they were the lowest bidders.

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Latest India Business News 17th September 2020

  • Automakers in India have kicked off advertisement and promotional blitz worth Rs 1500 crores to stoke demand for cars during the festive season.
  • The Shapoorji Pallonji group on Wednesday said it missed the deadline to repay its dies to Sterling and Wilson Solar Ltd.
  • Dish TV India has adopted the ‘Make in India’ plan to shift 50% of its production to India by Q121.
  • Acko, a Bengaluru-based insurtech start-up, has raised $60 million in a Series D round of funding led by Munich Re Ventures.
  • BPCL may acquire Oman Oil’s stake in Bharat Oman Refineries (BORL), which was a JV between the two companies.
  • Marico on Wednesday launched a list of immunity-boosting products under its Saffola brand.

Must Read: Today News Headlines 17th September 2020

Latest India Business News 17th September 2020

  • SAP India is set to complete the hiring of its targeted 1600 employees by the end of 2020.
  • Mukesh K Surana, HPCL chairman, at the company’s 68th AGM on Wednesday said, Hindustan Petroleum is set to invest Rs 60,000 crores in the next 5 years.
  • The government is planning to reward startups for building global AI solutions for health, education, and mobility.
  • Volvo Car India on Wednesday said the company has partnered with HDFC Bank to launch its Volvo Car Financial Services that will enable buyers get easy finance for its vehicles.
  • The Karnataka government has cleared NMDC’s application to resume mining operations at Donimalai.
  • Blackstone and Partners Group are both in the race to buy a controlling stake in the glass unit of Piramal Glass Enterprises Ltd.

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