India News Headlines: Latest India Business News 19th June 2020

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Read Latest India Business News 19th June 2020:

Quote of the Day: “Complaining is finding faults. Wisdom is finding solutions.” – Ajahn Brahm

  • Small businesses have taken the cautious route to digital transformation during the Coronavirus pandemic.
  • Public Investment Fund, a Saudi wealth fund on Thursday announced an investment of Rs 11,367 crores in Jio Platforms.

latest india business news 19th june 2020

  • Steep cess on alcohol has affected sales, says Kartikeya Sharma, president, South Asia at AB InBev.
  • L&T is planning to monetise its Hyderabad Metro project via the infrastructure investment trust (InvIT) route.
  • SSG Capital has assured Altico Capital that it will retain staff after the buyout.

Must Read: Today News Headlines 19th June 2020

Latest India Business News 19th June 2020

  • As reported by Practo, E-health consultations in India jumped up 500% since March to 50 million.
  • IRB Infrastructure Developers on Thursday said the company has got closure for Rs 8262 crores toll contract, the Mumbai-Pune Expressway.
  • Internet startups and venture capital firms raise concerns over Facebook-Jio deal and plan to appeal to India’s anti-trust regulator over concerns of data sharing and misuse in Facebook Inc.’s Rs 43574 crore investment in Jio Platforms.
  • British Petroleum India is planning to set up global business service centre in Pune and to hire 2000 people for the same.

Must Read: Aaj ke Samachar 19 June 2020

Latest India Business News 19th June 2020

  • According to ICRA, Covid weakened Q4 earnings. It said that profitability was hit due to weak sales, subdued realisations in select sectors, and impairment of investments and business provisions due to the pandemic.
  • Mercedes-Benz India expects its volume to recover by October-December quarter, India sales chief said.
  • DE-CIX established a new point of presence with Sify in Mumbai.
  • City Union Bank on Thursday reported a loss of Rs 95.29 crores for January-March due to higher provisioning.

Must Read: Special Day Today: What is Today in History India 19 June

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