India News Headlines: Latest India Business News 25th June 2020

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Read Latest India Business News 25th June 2020:

Quote of the Day: “The secret to getting ahead is getting started.” – Mark Twain

  • Decathlon has stopped product trials and has pivoted to ‘phygital stores’. The sports goods retailer is providing a mix of physical retail and digital touch points, featuring virtual reality, digital payments, and self-checkouts.

latest india business news 25th june 2020

  • Mindspace Business Parks REIT has begun to work on its IPO, as the resumption of economic activity brightens outlook for the real estate investment trust.
  • India Inc is likely to focus on home market for M&As, with the covid-19 pandemic disrupting economic activity and growth prospects.
  • The CCI on Wednesday said it approved Facebook’s proposed acquisition of 9.99% stake in Jio Platforms.

Must Read: Today News Headlines 25th June 2020

Latest India Business News 25th June 2020

  • Hinduja brothers quarrel over control of Geneva-based bank. Now, a letter signed by the four Hinduja brothers is at the center of a legal dispute over the future of the family’s $11.2 billion fortune.
  • E-commerce players have agreed to display country of origin on products sold on their platforms, with the government aiming to reduce import dependency on China.
  • OYO’s Customer Loyalty Programme – OYO Wizard has crossed the 7.5 Million+ subscribers milestone as of May 2020.
  • Sachin Bansal’s Navi launched a new instant lending app with paperless KYC. It targets consumers in the middle-income segment.
  • Indian Oil on Wednesday reported a Q4 massive loss of Rs 5185 crores in inventory losses for the company.
  • Hyundai Motor India launched its Elantra sedan in BS-VI versions.
  • Canara Bank on Wednesday reported a net loss of Rs 3259 crores in the quarter ending March.

Must Read: Aaj ke Samachar 25 June 2020

Latest India Business News 25th June 2020

  • Matrimonial website, Shaadi. com has taken down the skin filter to support ‘black lives matter’ campaign.
  • Ola said its autorickshaws will be provided with protective screens and fumigation between driver and passenger sections.
  • Bharti Infratel on Wednesday said it has extended the deadline for Indus Towers merger by over two months,h till the end of August.
  • Aye Finance on Wednesday raised Rs 210 crores in a Series E round of funding led by CapitalG. With this, Aye’s total equity funding since inception exceeds Rs 690 crores.
  • ICICI Bank is considering to raise $3 billion in a share sale, as the lender seeks to bolster its capital ratios.
  • Maruti Suzuki India on Wednesday launched a loyalty rewards programme for Arena, Nexa, and True Value customers.
  • Chiratae Ventures, a VC fund on Wednesday announced seed investment in medical robotics startup, Aether Biomedical.
  • Diageo India on Wednesday said it will offer hygiene kits, PPEs to bars, pubs, and restaurants that serve alcohol.

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