Business news headlines: Latest India business news today 15 January 2021

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Read the latest India business news today 15 January 2021:

  • PM Narendra Modi will address “Prarambh: Startup India International Summit” on 16 January via video conferencing. The summit, organized by DPIIT, is taking place on 15 & 16.
  • Albinder Dhindsa, Grofers CEO has said that the firm is looking at acquisitions possibly in the technology products space, before going in for an IPO planned for later this year.

latest india business news today 15 january 2021

  • Google India has pulled down many instant loan apps from its Play Store for breaching its user safety policies. Many of these apps were said to be trying to recover overdue personal loans by restoring to aggressive tactics while a lot of borrowers are fighting job losses and other problems caused by the covid pandemic. It is also reviewing similar apps used by 96% of smartphone users in India.
  • Thales and Bharat Dynamics have signed an agreement to work together on the air defence system.
  • UBS Group AG is said to be in talks with Paytm to invest around $400 million.

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Latest India business news today 15 January 2021 – business news headlines today

  • Power Finance Corp. is planning to raise up to ₹5,000 crores through NCDs.
  • James Murdoch, the son of media mogul Rupert Murdoch has joined Uday Shankar to set up a new venture for exploring tech and media opportunities in the emerging markets.
  • As per DoT’s directive, it is now mandatory to prefix 0 before the mobile number while dialing from the landline.

Must Read:15 January in Indian history

Latest India business news today 15 January 2021 – business news headlines today

  • ICICI Bank has tied up with Niyo, a new age fintech, to issue prepaid cards to MSME workers.
  • SpiceHealth, SpiceJet’s health care arm, has tied up with CSIR-Institute of Genomics and Integrative Biology to set up a portable testing lab for genome sequencing at Delhi IGI airport for all positive samples from international travellers.
  • Google has completed a $2.1 billion acquisition of wearable device maker Fitbit Inc.
  • N+1 Capital, a new revenue-based debt fund started by investment professionals Ashish Singla and Rahul Chowdhury is looking to raise up to $100 million. The fund is planning to make its first close of approx. $19 million by February.

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