India News Headlines: Latest India Business News 31st October 2020

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Quote of the Day: “Be undeniably good. No marketing effort or social media buzzword can be a substitute for that.” – Anthony Volodkin

  • Inspire Brands is set to acquire Dunkin and Baskin Robbins in an $11.3 billion deal.
  • As the global e-commerce platform Amazon saw its revenue touching $96.1 billion in the quarter ending in September, the company will continue to invest in India post-covid-19.

latest india business news 31st october 2020

  • RIL on Friday posted a Q2 profit of Rs 9,567 crores.
  • Reliance’s retail arm’s Q2 revenue fell down 5% to Rs 39,199 crores.
  • Reliance Jio on Friday reported a Q2 net profit rise to Rs 2,844 crores.
  • Suven Pharmaceuticals on Friday posted a Q2 net profit decline of 20.35% to Rs 74.07 crores.
  • IOC on Friday reported a 10-fold jump in its Q2 net profit to Rs 6,227 crores.

Must Read: Today News Headlines 31st October 2020

Latest India Business News 31st October 2020

  • DLF on Friday reported a Q2 net profit decline of 48.68% to Rs 227.5 crores.
  • Axis Bank on Friday said it will acquire a 19% stake in Max Life Insurance with the help of 3 Axis entities since the RBI turned down the bank’s proposal earlier to directly buy a stake of 17% in the life insurer.
  • IndusInd Bank on Friday reported a Q2 profit dropped 53% YoY to Rs 647 crores.
  • LT Foods on Friday posted a Q2 profit rise by 63% to Rs 77.46 crores.

Must Read: Aaj Ke Samachar 31st October 2020

Latest India Business News 31st October 2020

  • Mahindra First Choice Wheels on Friday announced its launch of 50 new franchise stores across India.
  • Indian Oil o. Friday said it’s e petting the demand for petrol and diesel to rise and reach pre-pandemic levels as the company’s capacity utilization improves.
  • CaratLane’s consumer business grew 25% in the quarter ending in September and witnessed a 90% rise in online sales.
  • Yuvraj Singh invested Rs 100 crores in a nutrition healthcare startup called Wellversed.

Must Read: IPL 2020 RCB vs SRH 52nd Match Indian Premier League

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