Latest India Business News 9th December 2019 – Tentaran

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Read Latest India Business News 9th December 2019:

  • Zomato’s CEO, Deepinder Goyal said that Zomato is planning to raise up to $600 million in their new funding round next month.
  • The CFO of Axis Bank, Jairam Sridharan has resigned.
  • The RBL Bank raised Rs 2025 crores from institutional investors via QIP.

latest india business news 9th december

  • The Canadian Pension Funds are looking to tap on the private debt space in India.
  • MagicPin recorded an annual gross merchandise value of $1 billion in India.
  • Dabur India is willing to acquire companies and expand in rural India through its $500 million cash reserve.

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Latest India Business News 9th December 2019

  • Ola is aiming at doubling its scale of business by 2021 in New Zealand and Australia.
  • Reliance Life Sciences is now planning to start pathology labs across India through partnerships with local entrepreneurs.
  • Bharti Telecom has sought a nod from the government to infuse Rs 4900 crores in investment from Singtel and other foreign entities. This move will look to make Bharti Airtel a foreign entity.

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Latest India Business News 9th December 2019

  • NSE received SEBI’s approval to appoint Girish Chandra Chaturvedi as the new CEO of NSE.
  • The Union government is looking to allow select sectors to cut in monthly statutory deductions on account of employees’ provident fund.
  • The Karvy Stock Broking debacle has forced lenders (banks in specific) to review their exposure to brokerage firms.

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