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

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Read Latest India Business News 29th October 2020:

Quote of the Day: “The most common way people give up their power is by thinking they don’t have any.” – Alice Walker

  • Infosys on Wednesday said the company achieved its carbon-neutral target 30 years early. The target was set before 2050 by the Paris Agreement.

latest india business news 29th october 2020

  • Dolat Capital forayed into AIF with the launch of a hedge fund under LLP structure. The fund intends to raise Rs 250 crores in the initial tranche.
  • Dr Reddy’s Laboratories on Wednesday said the company is planning to finish the phase 3 clinical trials of the Sputnik V COVID-19 vaccine by May.

Must Read:Today News Headlines 29th October 2020

Latest India Business News 29th October 2020

  • RBI on Wednesday imposed a Rs 1 crore penalty on Jio Payments Bank over non-compliance with RBI directions on timely submission of application in case of re-appointment of MD & CEO.
  • Marico on Wednesday reported a Q2 net profit rise by 8%.
  • Piramal Enterprises on Wednesday reported a Q2 profit rise by 13.95% to Rs 628.31 crores.
  • RBL Bank reported a Q2 net profit of Rs 144 crores.
  • Titan reported a Q2 net profit of Rs 199 crores.

Must Read:List of major Global Funds in India that you can invest in

Latest India Business News 29th October 2020

  • Firstsource on Wednesday reported a Q2 net profit rise by 56.3% to Rs 105.2 crores.
  • A CDSCO panel recommended the DCGI VG Somani to allow Biological E to conduct human trials of Baylor’s covid vaccine in India.
  • Yes Bank on Wednesday said that Swaminathan Janakiraman, the nominee director appointed by SBI, has resigned with effect from October 28, 2020.

Must Read:29 October in Indian history: Know about October 29 special day in India, famous birthdays, events 

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