Business news headlines: Latest India business news today 23 February 2021
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Read the latest India business news today 23 February 2021.
- The government may soon introduce amendments to LLP Act and the firms will get 2-3 months to disclose ownership and improve governance as per the new guidelines.
- On the plea of Amazon. com Inc., the Supreme Court has restrained NCLT from approving the Rs.24,713-crore deal between Future Retail and Reliance Industries.
- Mindtree has achieved Google Cloud Partner specialization in application development, a program designed to provide qualified partners to google cloud customers.
- Zomato has raised another $250 million from its existing and new investors in its pre-IPO fundraise.
- Vi (Vodafone Idea) has launched a pay-per-view streaming service, available on Vi Movies and TV app, that will offer content as part of a deal with Hungama Digital Media Entertainment.
- Vedantu has acquired, Instasolv, an ed-tech – doubt-solving app. As per experts, the Indian ed-tech market is expected to grow around 3.7 times till 2025 to become a $10 billion opportunity.
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Latest India business news today 23 February 2021 – business news headlines today
- Kinara Capital has secured $10 million in funding from IndusInd Bank with a 100% guarantee from DFC (US International Development Finance Corporation).
- Reliance Jio Infocomm is said to be planning to build a data centre in Uttar Pradesh at an investment of approximately $950 million.
- To get a top-of-mind recall of millennials looking for tech, automakers are tweaking their advertising strategies to showcase the latest technologies and innovative tech features.
- G R Arun Kumar has resigned from Vedanta Limited as the whole-time director and CFO.
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Latest India business news today 23 February 2021 – business news headlines today
- TPG-backed Dolda Dairy has filed DRHP with Sebi to launch IPO for raising around Rs.800 crores.
- Snap Inc, the Snapchat owner, is said to have hit $100 million in market value.
- MobiKwik has reportedly appointed investment banks ICICI Securities and IIFL, as also a few law firms, to kickstart the work on the draft red herring prospectus. The company is said to be planning to go public next year.
- CarDekho is planning to raise funds for the expansion of its used car retail business.
- Netflix has launched a new feature that will automatically download recommended content for users on their smartphones.
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