Business news headlines: Latest India business news today 24th November 2020

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Read the latest India business news today 24th November 2020.

  • AirAsia India will get a $50 million infusion from Tata group through a mix of debt and equity. This may increase the Tata group’s stake in the airline.
  • AU Small Finance Bank has reportedly sold a 4.46% stake in Aavas Financiers for ₹530 crores. The Bank had a 4.57% stake in the firm.

latest india business news today 24th november 2020

  • Biocon has entered into an agreement with Hinduja Renewables Two for the acquisition of a 26% stake for Rs.5.91 crores.
  • Airtel has tied up with Vedantu to offer online classes via DTH channels at Rs.4 per day.
  • Paytm has announced that the users of its postpaid service can now convert their spends up to Rs.1 Lakh into EMIs at nominal interest rates.
  • Apollo Global Management has entered into the race for BPCL stake acquisition by submitting EoI.

Must Read: 24 November in Indian history, special day in India, famous birthdays, events

Latest India business news today 24th November 2020 – Business news headlines today

  • Amit Jain, Sr MD, Blackstone India, is reportedly quitting ahead of the launch of the $5-billion Asia fund in 2021.
  • Google is reportedly in talks to buy ShareChat at around $1.03 billion. While current investors will likely exit, the founders may retain a small stake.
  • To give a push to electric vehicles, the government is planning to set up an e-charging kiosk at around 69,000 petrol pumps across India.
  • Muthoot Finance has entered into an agreement with Bajaj Allianz General Insurance to offer insurance on gold jewellery.
  • Sales of Panasonic fell in India for the consecutive third year. Its revenues fell 9% in FY 19-20 compared to FY 18-19.
  • Railways have suspended its corporate Tejas trains over occupancy during pandemic. Tejas trains operate from Lucknow to Delhi and Ahmedabad to Delhi.

Must Read: देश, दुनिया,खेल और टीवी बॉलीवुड की आज की सभी बड़ी खबरें

Latest India business news today 24th November 2020 – Business news headlines today

  • SpiceHealth, a subsidiary of SpiceJet, has launched an RT-PCR test starting at Rs.499. The test currently costs around Rs.2400.
  • Jio Payments Bank has sought approval from RBI to open current account of Reliance Industries and its group companies. RBI has put restrictions on scheduled commercial banks from opening current accounts of companies to which they have lent money over a certain limit.
  • Elon Musk, the co-founder of Tesla Inc., passed Bill Gates to become the world’s second-richest person with a net worth of Rs.127.9 Billion.
  • As per reports, Fake Xiaomi products worth ₹33.3 lakh were seized by police in Chennai and Bengaluru during Oct-Nov.
  • Reliance Retail showcased products crafted by over 40,000 artisans this festive season capitalizing on the growing consumer demand for locally made and sourced products. The company’s initiatives ‘Indie by AJIO’ and ‘Swadesh’, reportedly now engage with over 30,000 craftsmen.
  • Franklin Templeton Mutual Fund has moved the Supreme Court challenging an order of Karnataka high court on winding down six debt schemes in April.
  • Coal India would invest Rs.5,650 crores to build 14 solar projects to help cut costs and power its mining operations by March 2024.
  • FM Nirmala Sitharaman has said that the government’s program for stake sale in state-run firms will accelerate in the coming days.

Must Read: Today News Headlines 24th November 2020

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