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.

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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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