Business News Headlines: Latest India business news today 10 December 2020

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Read the latest India business news today 10 December 2020.

  • RBI has said that NBFCs with a minimum of 15% capital adequacy and net NPA under 6% for three years will be eligible to declare dividends from this fiscal onwards.
  • Maruti has launched Smart Finance, a digital platform, to offer vehicle finance related information and services to prospective customers.
  • Delhi High Court has asked Central Government to check and inform if e-com entities are complying with the requirement of display of ‘country of origin’ on products sold on their platforms.
  • RBI has notified that from December 14, the RTGS system will become functional 24×7.

latest india business news today 10 december 2020

  • As per ROC filing, the revenue of Facebook India went up 43% to Rs. 1,277.39 crore in fiscal 2020 – ET news
  • Tredence Analytics Solutions has raised $30 million from PE firm Chicago Pacific Founders at a valuation of $100 million.
  • After health and life, IRDAI has floated draft guidelines to standardize personal accident insurance cover. The move is aimed to simplify product constraints for mass adoption.
  • SC Ventures, the innovation arm of Standard Chartered Bank has launched a B2B marketplace for MSMEs in India.
  • The govt of India has proposed selling up to 15% of paid-up equity share capital in IRCTC and an additional 5% in case of oversubscription.
  • Buyback program of TCS of up to Rs.16000 crores will be open from December 18 till January 1.

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Latest India business news today 10 December 2020 – business news headlines today

  • The Supreme Court has directed Sebi to appoint an observer to oversee the complete e-voting process of winding up of six debt schemes of Franklin Templeton MF and submit a report.
  • RuralBasket, a farm-to-home online and offline grocery startup, has raised $5 million from its existing investors.
  • The government has approved the setting up of public wi-fi networks called PM-WANI through public data offices without involving any licence, fee, or registration.
  • ShareChat has appointed Ajit Varghese as its Chief Commercial Officer. Varghese has experience of over 25 years in leading large-scale business transformations and building successful businesses in media, content, creative, sports, digital, data, and performance.

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Latest India business news today 10 December 2020 – business news headlines today

  • Two water purifier firms, Blue Start Water Purifier and Cuckoo Water Healthifiers have been directed by Consumer Education and Research Centre to withdraw their ads with misleading claims.
  • Air India is starting a direct flight from Hyderabad to Chicago from January 2021.
  • Maruti Suzuki India has announced a price increase across its model range from January 2021.

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