India News Headlines: Latest India Business News 5th November 2020
Please follow and like us:
Read Latest India Business News 5th November 2020:
Quote of the Day: “It’s not about ideas. It’s about making ideas happen.” – Scott Belsk
- SBI reported a Q2 net profit rise to Rs 4,574 crores.
- ESR India signed an agreement with the Maharashtra government to invest Rs 4,310 crores to build 11 industrial parks.
- Jubilant Life Sciences on Wednesday reported a Q2 decline in consolidated net profit to Rs 224.12 crores, mainly on account of higher taxes.
Must Read:Today News Headlines 5th November 2020
Latest India Business News 5th November 2020
- United Spirits on Wednesday reported a Q2 decline in consolidated net profit by 20.62% to Rs 125.1 crores.
- Adani Gas on Wednesday announced the acquisition of 3 of Jay Madhok Energy’s city gas licences for Ludhiana, Jalandhar, and Kutch.
- Tomorrow Capital is set to invest Rs 100 crores in startups as the company made an exits from further investments in ZenoHealth.
- The NAA has ordered Starbucks Coffee Company to deposit Rs 1.04 crores profiteered amount to central and state consumer welfare funds.
Must Read:Top Global Venture Capital firms investing in Indian companies
Latest India Business News 5th November 2020
- RailTel announced its highest ever consolidated income of Rs 11,660.05 million.
- Apollo Tyres on Wednesday reported a 140% YoY increase in consolidated net profit to Rs 200 crores for the quarter that ended in September.
- HPCL’s board approved a Rs 2,500 crore limit share buyback.
- Adani Enterprises on Wednesday reported a Q2 consolidated profit of Rs 435.73 crores. The company is also planning to invest around Rs 50000 crores in capital expenditure in its new businesses over the next five years.
Must Read:05 November in Indian history: Know about November 05 special day in India, famous birthdays, events
For more articles like, “Latest India Business News 5th November 2020”, do follow us on Facebook, Twitter, and Instagram for interesting content. For watching our collection of videos, follow us on YouTube.