India News Headlines: Latest India Business News 28th September 2020

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Read Latest India Business News 28th September 2020:

Quote of the Day: “Don’t worry about failure; you only have to be right once.” – Drew Houston

  • Pepperfry is nearing its break-even point and is aiming to go public early next year.
  • According to the report by Vidhi Centre for Legal Policy, MSMEs have the potential to meet financial needs with the assistance of Digital-only or neobanks.

latest india business news 28th september 2020

  • The Vodafone ruling is now a precedent for similar arbitration cases, including the one initiated by Cairn Energy Plc.
  • India Inc with strong balance sheets are now eying overseas M&A transactions, hoping to pick up attractive assets whose valuations have been hammered by the impact of COVID-19.

Must Read: Today News Headlines 28th September 2020

Latest India Business News 28th September 2020

  • The Tata group has tapped on wealth funds to buy out the Mistry family’s stake in Tata Sons.
  • After having established its presence in the US market, Sun Pharma is planning to expand its specialty business across regions like Greater China and Japan.
  • With COVID-19 impacting IKEA’s expansion plans in India, the company is now planning to adopt for the omni-channel approach for its expansion.
  • After the company relied on a rarely used model to acquire a stake in 5 oil blocks in Brazil, BPCL has now been forced to pay for its defaulting partner Videocon Industries.

Must Read: Aaj ke Samachar 28 September 2020

Latest India Business News 28th September 2020

  • Adar Poonawalla, the CEO of Serum Institute of India, on Saturday said that the government might need Rs 80,000 crores over the next 1 year for the distribution of the covid vaccine across the country.
  • Amazon.in on Saturday said it will host a virtual ‘Handicrafts Mela’ from 26 Sep to 10 Oct to support artisans from various parts of the country.
  • Reliance Retail has received Rs7,500 crores from Silver Lake for a 1.75% stake.

Must Read: 28 September in Indian history: Know about September 28 special day in India, famous birthdays, events 

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