Business News Headlines: Latest India Business News Today 19th November 2020

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Read Latest India Business News Today 19th November 2020:

  • DGCA is awaiting formal communication on the decision of the US Federal Aviation Administration to allow Boeing Co.’s 737 Max planes to resume flights. FAA approved the return of 737 Max to commercial service after a long and strict safety review. Only SpiceJet and now-defunct Jet Airways were using these in India.

latest india business news today 19th november 2020

  • LVB retail shareholders are crying for unfair treatment. Holding 23.98% of its shares as on 30 Sept, they will be left with absolutely nothing if RBI decides to delist any listed shares or debentures of the bank after the proposed merger.
  • The Supreme Court shall hear pleas seeking relief on loan moratorium today. Petitioners include power producers and builders among others. They are also seeking relief on the interest charged by banks and NBFCs.

Must Read:Today News Headlines 19th November 2020

Latest India Business News Today 19th November 2020 – Business news headlines today

  • Zomato has announced that it will not charge any commission from restaurants for services. It will also let go of the payment gateway charges it incurs on all takeaway orders.
  • Wipro has set Dec 11 as the record date for share buyback.
  • Supreme Court adjourned the hearing date in the case of alleged mismanagement and oppression of minority investors at Tata Sons Ltd to December 2.
  • PVR Cinemas has tied up with India Accelerator to mentor startups in the media and entertainment space.
  • CapitaLand of Singapore has secured its first three green loans in India worth Rs.1,700 crore from DBS Bank and HSBC. The debt will be used to finance the development of its green-certified International Tech Parks in Chennai, Gurugram, and Pune. The company has a portfolio of over 20 business and IT parks, industrial, lodging, and logistics properties in India.

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Latest India Business News Today 19th November 2020 – Business news headlines today

  • Vedanta Group has reportedly confirmed having submitted a preliminary EoI for buying the government’s stake in BPCL.
  • Poonawalla Finance has tied-up with the Institute of Company Secretaries of India to offer collateral-free special term loans to Company Secretaries in India.
  • Lummus Technology and TCG Digital have entered into a strategic JV to implement digital analysis and operative solutions in their petrochemical, gas processing, and refining assets.
  • Emami has entered into home hygiene market with a new brand ‘Emasol’. The home hygiene market in India is said to be around Rs.4000 crores.
  • JSW Infrastructure has completed the acquisition of port business of Chettinad Group.
  • Hero MotoCorp is said to have done retail sales of over 1.4 million motorcycles and scooters during the 31-day festive period between 17 October to 16 November.

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