Business news headlines: Latest India business news today 22 January 2021

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Read the latest India business news today 22 January 2021:

  • HDFC Ltd has entered into an agreement to sell its 24.48% stake in Good Host for Rs.232.81 crores. Good Host manages student housing facilities.
  • Kunal Shah has invested an undisclosed amount in the new venture of Carl Pei, OnePlus co-founder, in his personal capacity.

latest india business news today 22 january 2021

  • RBI has reportedly imposed a penalty of ₹2 crores on Standard Chartered Bank–India due to delays in reporting of frauds.
  • Decathlon has signed a multi-year merchandising partnership with NBA and it has been appointed as the official licensee of the National Basketball Association across India, Africa, Asia, Europe, the Middle East, and Latin America markets.
  • Sunil Doshi and Rainshine Entertainment have partnered to start Manzar Studios aimed to bring global stories to Indian audiences.

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Latest India business news today 22 January 2021 – business news headlines today

  • Cabinet Committee of Economic Affairs has reportedly given consent to shutting down of Scooters India that manufactures scooters like Lambretta, Vijai Super, Vikram, and Lambro.
  • Morgan Stanley India Infrastructure has acquired a stake in LEAP India, the largest pallet pooling company of India, for Rs.180 crores.
  • The Tata Group is said to have offered to run the iconic hotel in Mysuru, Lalitha Mahal Palace Hotel, currently being managed by Jungle Lodges and Resorts.

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Latest India business news today 22 January 2021 – business news headlines today

  • Welspun Group, a leading player in textiles and line pies, has launched an Alternate Investment Fund to invest in warehouses.
  • Sebi has directed Future Group to inform its shareholders about the complaints made by Amazon while seeking their approval for its deal with Reliance Industries.
  • As part of the second phase of blockchain implementation, from 31 January, mobile phone companies will start filtering out commercial SMSes with unregistered content. All entities registered on the DLT platform with a unique ID will have to submit content templates of all messages it wishes to deliver.

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