Latest India Business News 8th November 2019 – Tentaran

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Read Latest India Business News 8th November 2019:

  • Russia’s Rosatom State Atomic Energy Corp which is also a partner in the Kudankulam nuclear plant of the Nuclear Power Corp of India is now also showing interest in partnering with Indian companies to work on small and medium-sized nuclear reactors.
  • Tesla Inc is planning on unveiling its electric pickup truck, ‘cyber truck’ on 21st November near the SpaceX rocket factory in Los Angeles.

latest india business news 8th november

  • DLF has appointed Vivek Anand as their new CFO and their net profits and profits in the second quarter of the current FY has risen by 18.80% and 19% respectively.
  • The government is examining the feasibility of bringing NBFCs under the IBC to help them in the rescue of their distressed financial institutions under the court-monitored process to tie up a resolution plan.
  • 22000 employees in BSNL opted for the BSNL VRS plan in just 2 days after the launch of the plan on November 5.

Must Read: Today News Headlines 8th November 2019

Latest India Business News 8th November 2019

  • Raymond Lifestyle said that it will demerge its core lifestyle business into a separate listed entity in order to simplify its group structure as also to create investor opportunities.
  • The CFO of Mindtree, Pradip Menon resigned in the latest exit at the IT services firm after the takeover by L&T in June 2019.
  • Hero MotoCorp launched its first BS-VI compliant motorcycle, Splendor iSmart which stands at a price of Rs 64,900.
  • Shaktikanta Das, the governor of India said that the RBI has been closely monitoring NBFCs and is also regularly interacting with the management of these companies to take corrective steps.

Must Read: Mukesh Ambani: Life, Career, Achievements And Net Worth

Latest India Business News 8th November 2019

  • According to an analysis by the National Association of Software and Services Companies (Nasscom), India’s start-up ecosystem has the potential to create around 12.5 lakh direct jobs by 2025 which are currently at 3.9-4.3 lakhs in 2019.
  • Industrialists Ratan Tata along with GM Rao was conferred with honorary doctorates at the Annual Convocation ceremony at the Amity University on 7th November.
  • PM Modi during his PRAGATI meeting reviewed nine projects worth Rs 61000 crores in J&K and 16 other states. The NDA government is planning on investing nearly $1.5 trillion in the Indian infrastructure space over a tenure of the next five years.
  • SEBI has lowered its lending rates which will make loans cheaper. These revised rates will be effective from November 10 onwards.

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