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

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Read Latest India Business News 24th September 2020

Quote of the Day: “The common question that gets asked in business is, ‘why?’ That’s a good question, but an equally valid question is, ‘why not?’” – Jeff Bezos

  • RIL on Wednesday said the company raised Rs 5550 crores by selling 1.28% of its equity stake in its retail business to KKR.

latest india business news 24th september 2020

  • Swiggy has ventured into different hyperlocal categories to retain customers from using their app.
  • Ola Electric is planning to get over 20 EV original equipment manufacturers onboard including Bosch and Samsung.
  • RIL is in the race to acquire Debenhams.

Must Read: Today News Headlines 24th September 2020

Latest India Business News 24th September 2020

  • The government on Wednesday allowed Uday Kotak to continue serving as the head of the bankrupt infra lender IL&FS for one more year. This is the second time that Kotak has been given an extension.
  • Tata Sons on Wednesday picked up 2.21 million shares of Tata Chemicals and Tata Motors DVR for Rs 64 crores in an open market transaction.
  • HDFC on Wednesday said the company will raise up to Rs 5000 crores by issuing bonds on a private placement basis.
  • Tech Mahindra on Wednesday said the company divested its stake in Altiostar to Rakuten for nearly Rs 331 crores.
  • DHFL on Wednesday said SEBI restrained 12 of its promoters from accessing the securities market for violating market norms.

Must Read: Aaj ke Samachar 24 September 2020

Latest India Business News 24th September 2020

  • Flipkart has partnered with Max Fashion to expand its offering ahead of the big festive season and its upcoming Big Billion Days event.
  • Bharti Airtel on Wednesday announced that the company picked up a strategic stake in Waybeo which is a tech startup. This is part of the company’s strategy to scale up its cloud offerings.
  • Bharat Biotech announces a licensing agreement with the Washington University School of Medicine for a new COVID-19 vaccine.

Must Read: 24th September in Indian history

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