India News Headlines: Latest India Business News 29th July 2020

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Read Latest India Business News 29th July 2020:

Quote of the day: “Vision without execution is hallucination.” – Arianna Huffington

  • Yes Bank reported a Q1 net profit drop of 60% YoY to Rs 45.44 crores.
  • Jaguar Land Rover Automotive appointed former Renault head, Thierry Bolloré as CEO.

latest india business news 29th july 2020

  • Pfizer Inc says COVID could endure and the company is preparing for a long-term need for a seasonal shot to protect against Covid-19.
  • Qatar Investment Authority is planning to invest nearly 1.5 billion in RIL.

 Must Read: Special Day Today: What is Today in History India 29 July

Latest India Business News 29th July 2020

  • Cadbury maker, Mondelez International Inc bets on asian market to fuel its chocolate demand recovery.
  • In a challenge to Amazon Fresh, Flipkart on Tuesday launched a 90-minute hyperlocal delivery service for groceries and electronic products, among other items.
  • Raymond is cutting costs by more than a third as people shelter at home from the coronavirus outbreak.
  • Sony Pictures Network and Viacom18 Media are likely to strike a deal by mid-Aug.
  • KKR is planning to merge with InCred’s retail franchise.

Must Read: Roshni Nadar Malhotra: Things you should know about India’s richest and first woman to lead a listed IT company

Latest India Business News 29th July 2020

  • Nestlé India’s June quarter profit increased 11% to Rs 486.6 crores.
  • Niyo, a Tencent-backed digital banking fintech startup, has acquired a mutual funds investment platform, Goalwise.
  • Paytm Money has appointed Varun Sridhar as its new CEO.
  • Mindtree Ltd has submitted applications seeking reclassification of ‘promoters and promoter group’ to BSE Ltd and National Stock Exchange of India Ltd.
  • Cognizant Technology Solutions Corp. on Tuesday said the company has entered into an agreement to acquire US-based, New Signature.

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