Latest India Business News 19th November 2019 – Tentaran
Read Latest India Business News 19th November 2019:
- Tata Motors as part of an agreement will be supplying 400 Tigor EV units & 100 Nexon EV units to Lithium Urban by the end of the current FY.
- Ola along with Microsoft Research announced a partnership that will measure street-level air quality data in Delhi NCR in support of the government’s efforts to combat air pollution.
- Wingreens Farms raised Rs 125 crores in a Series B round led by responsAbility Investments and their existing investor, Sequoia India.
- Shree Cement is looking to raise nearly Rs 2000 crores via qualified institutional placement (QIP).
- Air India extended their loan bids for 7 of their Boeing planes to 22nd November which were earlier scheduled to be closed on 14th November.
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Latest India Business News 19th November 2019
- ICICI Bank is planning to raise Rs 20000 crores by selling its shares to institutional investors.
- After 4 months of decline, Domestic air passenger traffic raised in the month of October with 12.3 million passengers.
- The Government after the ongoing liquidity crisis in the NBFCs issued a notification specifying categories of financial service providers that can be taken up for resolutions under the new generic framework of IBC on 18th November 2019.
- The RBI said that Aditya Birla Idea Payments Bank is headed for liquidation after an application by the company for voluntarily winding up.
- Urban Ladder despite a slew of challenges like top-level exits and its inability to raise more funds turned profitable in FY 2018-19 reporting a net profit of Rs 49 crores.
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Latest India Business News 19th November 2019
- After the acute financial stress, Voda Idea will be increasing tariffs from 1st December 2019 after reporting a consolidated loss of Rs 50921 crores in the September quarter.
- Medikabazaar raised funds worth $15.8 million in a Series B led by Health Quad, Ackermans & van Haaren of Belgium, and Rebright Partners & Toppan Printing from Japan.
- The last date to submit the Pensioners Life Certificate is 30 November and the process can also be done from home with the help of any biometric device.
- A group of vendors filed an FIR against Doodhwala founders, Aakash Agarwal and Ebrahim Akbari alleging that the startup owes them crores in dues.
- The Chairman of the Standing Committee on Urban Development, Jagdambika Pal wrote to the speaker in order to take action against officials who didn’t attend the meeting called by him to discuss the ongoing Air Pollution in the national Capital.
- The IRCTC has launched new services which include IRCTC’s PNR linking option that helps in getting a refund in cases of first train’s delay in reaching the connecting train.
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