India News Headlines: Latest India Business News 24th October 2020

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Read Latest India Business News 24th October 2020:

Quote of the Day: “There is no such thing as failure. Failure is just life trying to move us in another direction.” – Oprah Winfrey

  • Bajaj Auto is planning to set up a dedicated plant for its electric scooter Chetak.
  • Flipkart on Friday agreed to buy a 7.8% stake in Aditya Birla Fashion and Retail for Rs 1500 crores.

latest india business news 24th october 2020

  • Nestlé India on Friday said the company will invest Rs 2600 crores over the next 3-4 years to scale up its manufacturing capacity.
  • Bharat Biotech International is aiming to launch its COVID-19 vaccine, Covaxin, by June 2021.

Must Read: Today News Headlines 24th October 2020

Latest India Business News 24th October 2020

  • JSW Steel reported a Q2 net profit of Rs 1,595 crores as domestic demand recovered and lockdown curbs were eased across the country.
  • Tech Mahindra on Friday reported a 9.5% rise in net profit from the preceding quarter to Rs 1065 crores.
  • Gland Pharma received SEBI’s approval for its proposed Rs 6,000 crore IPO.
  • Hexaware Technologies, an IT company, clocked a revenue growth of 2.9% QoQ in July-Sept, as it focused on cloud and automation to grow post-covid.

Must Read: Aaj ke Samachar 24 October 2020

Latest India Business News 24th October 2020

  • CGS-CIMB has tied up with Earnest Innovation Partners in a collaboration agreement for market research coverage with a focus on research on Indian economy as well as listed and unlisted Indian corporates.
  • The Blackstone Group is planning to buy L&T Asset Management to double down on its investments in India.
  • The Mumbai bench of the NCLT has approved JSW Steel’s acquisition of the bankrupt Asian Colour Coated Ispat. JSW Steel has offered over Rs 1550 crores for the 1 million tonne steel plant.

Must Read: 24 October in Indian history: Know about October 24 special day in India, famous birthdays, events

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