Business news headlines: Latest India business news today 19 January 2021

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Read the latest India business news today 19 January 2021:

  • MFine, a digital health startup, has raised $16 million in a fresh round of funding. Led by Heritas Capital, the Singapore-based family office of Y’S Investment Pte Ltd. also participated in the round.
  • Godrej Fund Management has made the first close of $250 million for its $500 million office fund. $200 million came from APG Asset Management, its existing investor, and $50 million from the Godrej Group.

latest india business news today 19 january 2021

  • France-based Total will acquire 20% minority interest in Adani Green Energy.
  • Tata Capital Growth Fund II has raised Rs.1,250 crores corpus. The funds raised will be invested across urbanization, strategic services, and discrete manufacturing.
  • Hero Motors has acquired a strategic stake in Hewland Engineering, a UK-based transmission design tech company, for an undisclosed amount.
  • To bolster its international business, Cure. fit has acquired California-based fitness company Onyx, which specializes in body tracking technology.

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Latest India business news today 19 January 2021 – business news headlines today

  • Hike Messenger, known as Hike Sticker Chat, has been officially shut down and also removed from Google Play Store and App Store.
  • Udayy, a kids learning platform, has raised $2.5 million in seed funding led by Alpha Wave Incubation.
  • Citi India has elevated Arjun Chowdhry as the head of its consumer banking business.
  • The board of Yes Bank will meet on January 22, 2021, to discuss through permissible modes.

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Latest India business news today 19 January 2021 – business news headlines today

  • Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have increased their stake in Indian Hotels from 1.05 to 2.1%.
  • HDFC Bank has submitted its plans to the RBI on fixing the issues that led to its getting barred from launching new digital initiatives and signing up credit card customers.
  • Maruti Suzuki has decided to raise the price of its models by up to ₹34,000 w.e.f. January 18, 2021.
  • The government has extended the submission deadline of the preliminary bid for buying Pawan Hans till February 18.
  • Delhi Police’s economic offences wing has reportedly arrested Anjani Sinha, former NSEL CEO for alleged fictitious trading and creating false stocks.

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