Business news headlines: Latest India business news today 9 February 2021
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Read the latest India business news today 9 February 2021.
- Vijay Shekhar Sharma, Paytm founder and Ritesh Malik Innov8 CEO have invested in Supersourcing, an IT agency recommendation startup platform.
- Haldirams participated in the second close of Rs.100 crores of accelerator fund 9Unicorns. The fund is looking to raise Rs.500 crores in the next few months to invest in early-stage Indian startups.
- VerSe Innovation, the company behind Dailyhunt and Josh, has raised over $100 million in a Series H round of funding led by Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, and Glade Brook Capital Partners.
- DailyNinja Delivery Services and its parent Supermarket Grocery Supplies operating BigBasket have reportedly been served an Rs.231 crore notice by Town Essentials for not honoring an existing contract.
- Advent International has signed a definitive agreement to acquire a majority stake in pharmaceutical firm ZCL Chemicals at an enterprise valuation of Rs.1700 crores.
- HCL Technologies is issuing a one-time special bonus worth Rs.700 crores to employees around the world in recognition of its crossing $10 billion revenue mark in 2019-2020.
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Latest India business news today 9 February 2021 – business news headlines today
- Around 11 merchant bankers including Axis Capital, Goldman Sachs, and JM Financial are said to be in the race for managing the government’s stake sale of 26.12% in Tata Communications.
- Maersk, an integrated container logistics firm, has appointed Vikash Agarwal as MD – South Asia.
- The Civil Aviation ministry and DGCA have granted a conditional exemption to BCCI for the deployment of drones for live aerial cinematography of the 2021 India Cricket Season.
- As per reports, Grofers’ revenues for FY 2019-20 increased 111% over FY 18-19 to Rs.177 crores, however, its net losses widened to Rs.637 crores, a 42 % increase over FY 18-19.
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Latest India business news today 9 February 2021 – business news headlines today
- In its annual report on Ombudsman Schemes, RBI said that consumer complaints about banking services jumped 57% to 3.08 lakh for the year to June 30, 2020.
- National Insurance Company has settled a case with Sebi pertaining to alleged shareholding disclosure lapses by paying around Rs.75 Lakhs.
- SarvaGram Fincare, a rural lending startup, has raised Rs.77 crores in a Series B round of funding led by Elevation Capital.
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