India News Headlines: Latest India Business News 5th October 2020

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Read Latest India Business News 5th October 2020:

Quote of the Day: “There is no such thing as failure. Failure is just life trying to move us in another direction.” – Oprah Winfrey

  • Vedanta posted a 23.5% drop in its quarterly profit as India’s lockdown hurt output and demand.
  • In terms of installation of new connections, Tata Sky has returned to its pre-lockdown levels.

latest india business news 5th october 2020

  • Dozens of Indian startups are banding together to fight ‘big daddy’ Google’s clout by lodging complaints with the government and courts.
  • The Government is unlikely to opt for traditional stimulus to boost the economy and will instead focus on specific sectors.

Must Read: Today News Headlines 5th October 2020 

Latest India Business News 5th October 2020

  • Electro Steel Castings and Srikalahasthi Pipes on September 30 informed the Stock exchanges that the companys are all set to merge.
  • SEBI caught 6 people for front running equity trades for clients of IIFL and has banned them for this equity fraud after combining advanced data analytics tools along with CCTV footages from ATM and other related trails.
  • Tata Sons is reviewing its budget to buy AirAsia’s 49% in JV as the latter is facing financial challenges.

Must Read: Aaj ke Samachar 05 October 2020

Latest India Business News 5th October 2020

  • Union Minister Piyush Goyal on Sunday said the Railways have embarked on a massive electrification drive that will make India the world’s largest clean energy driven railway network by 2023.
  • 25% of India’s centrally funded infra projects costing above Rs 150 crore are facing cost overruns worth Rs 4.29 lakh crores.
  • The Centre on Sunday said it bought about 5.73 lakh tonnes of paddy at MSP worth Rs 1082.46 crores in the last 8 days.

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