India News Headlines: Latest India Business News 22nd October 2020

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Read Latest India Business News 22nd October 2020:

Quote of the Day: “The most common way people give up their power is by thinking they don’t have any.” – Alice Walker

  • With an end to Flipkart’s Big Billion Day sales on Wednesday, it was noted that most of its sales was driven by WFH items and new customers.
  • Tekion, former CIO at Tesla Jay Vijayan’s tech startup, has joined the unicorn club.

latest india business news 22nd october 2020

  • According to a recent study, with the coronavirus crisis, startup jobs lost their appeal as job seekers shifted away from early-stage startups towards more established and mature firms.
  • Google may not step back to demands by Indian startups to roll back the 30% commission it charges for selling digital content and services via the Play Store.

Must Read: Today News Headlines 22nd October 2020

Latest India Business News 22nd October 2020

  • JK Tyre on Wednesday reported a Q2 consolidated profit decline by 34.5% to Rs 109.68 crores, majorly because of covid -19 related disruptions in India and abroad.
  • PayPal on Wednesday allowed cryptocurrency buying, selling, and shopping on its network.
  • Salil Parekh, CEO & MD at Infosys in a recent interview said that the company is reaping the benefits of early digital investments.
  • Bajaj Finance on Wednesday reported its Q2 net profit drop by 36% to Rs 965 crores.

Must Read: Aaj ke Samachar 22 October 2020 

Latest India Business News 22nd October 2020

  • The Dhoot family has offered to pay Rs 30,000 crore to lenders to settle the outstanding loans and pull out 13 Videocon group firms from the insolvency proceedings.
  • DLF on Wednesday announced the pre-leases 7.7 lakh sq ft office space in Chennai to Standard Chartered GBS.
  • SBI on Wednesday announced up to 25 bps concession on home loan rates as part of its festival offers for customers.
  • IEX on Wednesday said the company witnessed a 13.2% growth in electricity sales in Q2 to 16,486 million units.
  • Malabar Gold and Diamonds on Wednesday launched the ‘One India One Gold Rate’ initiative, offering a uniform gold rate across all states in the country for 100% BIS hallmarked gold.

Must Read: 22 October in Indian history: Know about October 22 special day in India, famous birthdays, events

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