India News Headlines: Latest India Business News 23rd May 2020

Please follow and like us:

Read Latest India Business News 23rd May 2020:

Quote of the Day: “You can’t win if you’re losing in your mind. Change your thoughts and it will change your life.” – Tony Gaskins 

  • Anil Ambani was ordered to pay $700 million by a London judge following disputes with Chinese banks over defaulted loans.
  • KKR on Friday said it will invest Rs 11367 crores to buy a 2.32% stake in Reliance’s Jio Platforms.

latest india business news 23rd may 2020

  • JSW Steel cut down its FY21 production guidance from the previous fiscal and estimates that capacity utilization at its plants would remain at around 89% for the entire year.
  • Bosch reported a decline of 18% in Q4 FY20 consolidated net profit to Rs 2237 crores.
  • RITES on Friday said it signed a pact to acquire a 24% stake in Indian Railway Station Development.
  • Amazon India on Friday said it will hire 50000 temporary employees for warehousing and delivery to meet the surge in online demand for products.

Do read – What is today in history India 23 May

latest India business news 23rd may 2020

  • The Oberoi Group on Friday issued an enhanced health and safety program for its Oberoi and Trident hotels in India to ensure the safety of guests.
  • Maruti Suzuki India on Friday launched its BS-VI compliant S-CNG variant of Super Carry mini-truck. The company also announced a partnership with Cholamandalam Investment & Finance to provide customized auto retail financing solutions to retail buyers. This allows customers to pay car loan EMIs after two months of getting the loan.

Do Read – New Guidelines for Air travel

latest India business news 23rd may 2020

  • Air India opened bookings for domestic flights.
  • Infosys said that the class action lawsuit which was filed against the company and some of its employees in the US court was dismissed.
  • Yashish Dahiya, co-founder and group CEO of the PolicyBazaar, in a recent interview, said that the group’s primary objective is to increase market share as spending on health in India is expected to increase manifold over the next decade.

For more articles like, “latest India business news 23rd may 2020”, do follow us on FacebookTwitter, and Instagram.

Leave a Reply

Your email address will not be published.

The content and images used on this site are copyright protected and copyrights vests with their respective owners. We make every effort to link back to original content whenever possible. If you own rights to any of the images, and do not wish them to appear here, please contact us and they will be promptly removed. Usage of content and images on this website is intended to promote our works and no endorsement of the artist shall be implied. Read more detailed ​​disclaimer
Copyright © 2022 All rights reserved.
× How can I help you?