India News Headlines: Latest India Business News 27th July 2020

Please follow and like us:

Read Latest India Business News 27th July 2020:

Quote of the Day: “A business that makes nothing but money is a poor business.” – Henry Ford

  • IndiGo is planning to take delivery of CFM engines from August onwards to power its fleet of Airbus A320neo planes.
  • Seshagiri Rao, joint MD and group CFO at JSW Steel said, “Demand is returning from industries in consumer appliances, packaging, infrastructure, and construction.”

latest india business news 27th july 2020 today updates

  • Owing to higher treasury income from the sale of investments, ICICI Bank‘s net profit increased 36% YoY to Rs 2599 crores in the June quarter.
  • Sterlite Tech says BSNL’s outstanding dues are now below Rs 100 crores. Group CEO, Anand Agarwal said that the company is hopeful that a substantial part of pending dues will be cleared by the state-owned telco this year.

Must Read: Reuben Singh matched turbans with his entire fleet of Rolls Royce cars

Latest India Business News 27th July 2020

  • L&T chairman, A M Naik admitted that their company is not immune to labor disruptions due to COVID-19. However, the company expects normalcy in Q2.
  • Mukesh Ambani’s RIL has overtaken ExxonMobil to become the world’s second-largest energy company after Saudi Aramco.
  • Drugmakers Lupin and Granules India are recalling nearly 9.71 lakh bottles of generic diabetes drugs in the US.
  • After its profitability path zoomed during the lockdown period, Grofers has advanced its plan to launch an initial public offer by the end of next year.
  • Air India’s northern regional office has formed a committee to identify the “redundant” or “surplus” employees. These employees will be asked to go on compulsory leave without pay (LWP) for up to 5 years.

Must Read: Mukesh Ambani: Life, Career, Achievements And Net Worth

Latest India Business News 27th July 2020

  • Huawei continues to maintain its leadership position globally. The company reported a growth of 13.1% YoY.
  • Serum Institute of India has sought permission from DCGI for conducting phase 2/3 human clinical trials of Oxford’s Covid-19 vaccine.
  • Zee Entertainment (ZEEL) on Saturday reported a consolidated net loss of Rs 765.82 crores for the Jan-Mar quarter of FY 2019-20.
  • Infosys co-founder, S.D. Shibulal and his family have sold 8.5 million shares of the company between 22– 24 July. This makes 0.20% of their paid-up share capital in the company.
  • An IIT Madras incubated startup raised Rs 22 crores to launch a wearable wrist band for COVID detection.

Must Read: Luxury Private Jets Owned by Indian Businessmen

For more articles like, “Latest India Business News 27th July 2020”, do follow us on FacebookTwitter, and Instagram for interesting content. For watching our collection of videos, follow us on YouTube.

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 © 2019 All rights reserved.
× How can I help you?