Business news headlines: Latest India business news today 8 January 2021

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Read the latest India business news today 8 January 2021.

  • Z3Partners, a VC fund focused on India’s digital and technology companies, has raised Rs.100 crores, marking the first close of its maiden fund.
  • Biologics, a subsidiary of Biocon, has received Rs.555 Cores from ADQ against a minority stake of 1.80%.

latest india business news today 8 january 2021

  • SAP SE would invest Rs.500 crores in India to localize and offer customers the flexibility of a multi-cloud environment.
  • SBI and IOCL have launched a co-branded contactless Rupay debit card which will allow contactless transactions upto Rs.5000.
  • As per the redesigned layout, Facebook pages of brands, public figures and artists will no longer have the ‘Like’ button. The pages will now solely focus on Followers.
  • The first flight on Air India’s longest nonstop route – San Francisco-Bengaluru starting this week will be operated by an all-women cockpit crew.

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Latest India business news today 8 January 2021 – business news headlines today

  • Vistara will start bi-weekly nonstop flights on the Delhi-Frankfurt route from 18 February.
  • ClearTax has launched two new mobile apps for individuals and tax professionals called ClearTax Black and ClearTax Pro. The firm has reportedly set aside Rs.100 crore budget for the same.
  • Oaktree Capital has said that its revised bid for DHFL is unconditional and comes with a commitment of fresh capital infusion of Rs.1,000 crores for the revival of the debt-ridden company.
  • Ministry of Railways has extended the time limit by three more months for cancellation of counter tickets for train journeys during lockdown, between March 21 and June 31, 2020, from the present six months.

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Latest India business news today 8 January 2021 – business news headlines today

  • Flipkart has signed an agreement with the Logistics Skill Sector Council and Karnataka Skill Development Centre to set up a Centre of Excellence in Bengaluru for providing training to manpower for the Indian e-comm industry.
  • Federation of Retailer Association of India has requested PM Narendra Modi to order a recall of proposed amendments on cigarettes and other tobacco products law. They have insisted that the changes threaten to further attack the livelihoods of petty retailers who are already reeling under the impact of the COVID-19 pandemic.
  • As per a Nasscom and Zinnov report, a record 12 new unicorns and over 1,600 tech start-ups were added to the ecosystem in 2020.

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