India News Headlines: Latest India Business News 9th September 2020

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Read Latest India Business News 9th September 2020:

Quote of the Day: “If you don’t drive your business, you will be driven out of business.” – BC Forbes

  • Mayfield XII Mauritius, a venture capital investor, sold 5.81% stake in Tejas Networks for Rs 36 crores via open market transaction.
  • The government on Tuesday gave another 3 months for businesses to hold AGMs till December end, in view of the rising COVID-19 cases.

latest india business news 9th september 2020

  • Gurdeep Singh, chairman and managing director at NTPC, on Tuesday said the company is planning on adding at least 5 GW solar capacity over the next two years.
  • The ED fined Rs 100 crores to Standard Chartered for violating forex norms when it worked on the takeover of a local bank.
  • Spencer’s Retail on Tuesday said it’s Nature’s Basket reported its first-ever positive EBITDA in the June quarter.

Must Read: Today News Headlines 9th September 2020

Latest India Business News 9th September 2020

  • The CCEA on Tuesday approved monetisation of Power Grid’ transmission assets, InvITs.
  • Wipro on Tuesday said the company is planning to set up a Digital Innovation Hub at Düsseldorf in Germany. This centre will serve as the IT services major’s flagship centre in Europe.
  • Wipro on Tuesday said the company has bagged a multi-year automotive software engineering contract from Marelli.
  • HCL, India’s leading IT company, has set up its 1st development centre in Sri Lanka.
  • Jindal Stainless on Tuesday reported a Q1 net loss of Rs 86.50 crores.

Must Read: Aaj ke Samachar 9 September 2020

Latest India Business News 9th September 2020

  • SEBI has sent notices to CG Power over diversion of funds which was confirmed after a forensic audit.
  • Motherson Sumi on Tuesday announced that the company will be raising funds via issuance of NCDs worth Rs 3000 crores to tide over the covid crisis.
  • Byju’s raised $500 million in a fresh round of funding led by Silver Lake. The company’s valuation now stands at $10.8 billion.
  • Inflexor Ventures raised Rs 230 crores, marking the first close of Inflexor Technology Fund.

Must Read: 9 September in Indian history: Know about September 9 special day in India, famous birthdays, events

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