India News Headlines: Latest India Business News 1st August 2020

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Read Latest India Business News 1st August 2020:

Quote of the Day: “Practice to beat the best.” – Dick Bennett

  • Restaurants that are facing sharp slumps in their dine-in business are initiating conversations with food delivery platforms to reduce commissions as online deliveries and takeaways are expected to drive business for the next 6-8 months.
  • SBI on Friday reported an 81% increase in the quarterly profit on higher interest income and stake sale in its insurance unit.

latest india business news 1st august 2020

  • Tata Sons on Thursday alleged that its former chairman Cyrus Mistry undermined the Tata Sons board during the acquisition of Welspun’s renewable projects by Tata Power.

Must Read: Today News Headlines 1st August 2020 

Latest India Business News 1st August 2020

  • Sun Pharmaceutical reported a Q1 consolidated net loss of Rs 1655.6 crores.
  • Flipkart on Friday said it supports over 6 lakh artisans in India via its Samarth programme.
  • JSW Energy on Friday said it has terminated its Ra 5321 crore deal to acquire GMR Kamalanga Energy due to uncertainties of COVID-19.

Must Read: Aaj ke Samachar 1 August 2020

Latest India Business News 1st August 2020

  • Navin Agarwal has taken over as MD and CEO of Motilal Oswal AMC.
  • Canara Bank on Friday said it has tied up with 3 insurers to provide Corona Kavach policies to cover COVID-19 related health expenses.
  • Reliance Power Bangladesh JV signed a $642-million loan to fund its 745 MW gas-fired project.

Must Read: People that played a role on this day in History 1 August

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