Business news headlines: Latest India business news today 11 February 2021

Please follow and like us:

Read the latest India business news today 11 February 2021.

  • Tata Starbucks has appointed Sushant Dash as its new CEO in India effective from 1 May.
  • Adar Poonawalla backed, Rising Sun Holdings, has agreed to buy a majority stake in Magma Fincorp for Rs.3,456 crores.

latest india business news today 11 february 2021

  • Amalfiaco Ltd. sold a 6.06% stake in CG Consumer Electricals for Rs.1,492 crores in an open market transaction.
  • OTT video streaming platform Disney+ Hotstar signed nine key sponsors for the ongoing India vs England series including Dream11, ICICI Bank, and Tata Cliq.
  • India Pesticides has filed DRHP to raise Rs.800 crores via IPO.
  • SpiceJet has reported a consolidated loss of ₹66.78 crores for the period Sept-December 2020, its fourth consecutive quarterly loss. It had reported a profit of Rs.77.97 crores in the same quarter in 2019.
  • Jack Dorsey, CEO of Twitter Inc has said that the company is exploring allowing its users to receive tips, or digital payments, from their followers. The feature would help the firm earn more revenues.

Must Read: Upcoming fairs and festivals in February 2021 in India

Latest India business news today 11 February 2021 – business news headlines today

  • The central government has decided to sell its 20% stake in National Fertilizers.
  • BharatPe has raised around $108 million in a Series D round of funding led by its existing investor Coatue Management at a valuation of $900 million.
  • India Quotient has launched its fourth fund with a target to raise at least $80 million.
  • TrueScale Capital, a new VC firm by Sameer Nath, Iron Pillar co-founder, has started its maiden fund to make growth capital investments in Indian startups. The firm would reach out to potential investors after getting regulatory approvals.

Must Read: Download unique Happy Promise Day status videos

Latest India business news today 11 February 2021 – business news headlines today

  • Acme Solar Holdings, the largest pure-play solar platform in India, is planning to jointly produce green hydrogen in India and Europe with Lhyfe Labs SAS of France.
  • SBI is planning to start a co-lending model for home loans.
  • Wistron Corp. will soon restart operations at its factory near Bengaluru. The largest assembler of Apple Inc.’s iPhones in India had to shut down its factory in December because of workers rioting.

Must Read:Read today news headlines 11 February 2021

For more articles like, “Latest India business news today 11 February 2021 – business news headlines today”, do follow us on Facebook, Twitter, and Instagram. For watching our collection of videos, follow us on YouTube.

Leave a Reply

Your email address will not be published.

The content and images used on this site are copyright protected and copyrights vests with their respective owners. We make every effort to link back to original content whenever possible. If you own rights to any of the images, and do not wish them to appear here, please contact us and they will be promptly removed. Usage of content and images on this website is intended to promote our works and no endorsement of the artist shall be implied. Read more detailed ​​disclaimer
Copyright © 2022 All rights reserved.
× How can I help you?