Latest India Business News 31st March 2020

Please follow and like us:

Read Latest India Business News 31st March 2020:

Quote of the Day: “Mahatma Gandhi’s dream of self-reliance can be attained by making use of internet and technology.” – Mukesh Ambani

  • BigBasket and National Restaurant Association of India have partnered to help NRAI’s restaurant staff in gaining temporary employment with BigBasket.
  • The Shapoorji Group reached out to its lenders to raise $1 billion by pledging its shares in Tata Sons.

latest india business news 31st march 2020 today

  • Toyota Kirloskar Motor on Friday has planed financial assistance to its dealer partners through a special ‘Covid package’.
  • Infosys Foundation has committed Rs 100 crores towards Covid-19 relief efforts. The Foundation contributed half of this commitment (Rs 50 crores) to the PM-CARES Fund.
  • The Bombay HC has barred IDBI Trusteeship Services from invoking pledged shares of Future Retail on behalf of UBS AG till May 4.

Must Read: Today News Headlines 31st March 2020

Latest India Business News 31st March 2020

  • Reliance Industries announced a commitment of  Rs 500 crores to the PM-CARES Fund.
  • HPCL has invoked force majeure on Iraqi Oil Marketing Company, SOMO, to cancel two oil cargoes as local fuel demand is hit by a lockdown.
  • OMCs including Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum Corp have announced an ex-gratia of Rs 5 lakh for coronavirus-related death of LPG distribution personnel.
  • Apollo Hospitals partnered with SBI, Hindustan Unilever, Deutsche Bank and Lemon Tree Hotels, Ginger Hotels, OYO Hotels and Homes, to pool 5,000 rooms of hospitality chains at a discount for quarantine facilities.
  • TCS is collaborating with CSIR to find a cure for covid-19 using AI for treating the novel ‘Severe acute respiratory syndrome Coronavirus 2’ (SARS-CoV-2).
  • C N Ashwath Narayan, Deputy CM Karnataka, said that Ola Cabs have agreed to give 500 vehicles to the government for transporting doctors and for other coronavirus-related activities
  • L&T set aside Rs 500 crores per month to support 1.6 lakh of its contract workers.

Must Read: The War Against Coronavirus: Donations from Indian business tycoons to fight against COVID-19 

Latest India Business News 31st March 2020

  • NIIF on Monday said it received $100 million from ADB into NIIF Fund of Funds.
  • Airbnb on Monday said it is devoting $250 million to help hosts amid cancellations.
  • HDFC Trustee Company bought 3.4 crore shares of SpiceJet indicating a 5.45% stake in the airline.
  • HCL said that the company sees no major impact of coronavirus lockdown in this quarter. 76% of its employees in India and 92% of those outside India are working from home and the company did not see any major disruptions.
  • Maruti Suzuki India on Monday announced an extension of service and warranty to support customers.
  • Unacademy acquired Kreatryx in a cash and stock deal. Kreatryx is an online preparation platform for GATE and Engineering Services Exam (ESE).
  • GMR Airports’ French partner, Group ADP raised 2.5 billion Euros via bonds.

Must Read: What is Today in History India 31 March

For more articles like, “Latest India Business News 31st March 2020”, do follow us on FacebookTwitter, and Instagram.

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 Tentaran.com. All rights reserved.
× How can I help you?