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Latest Business News Headlines | Economy and Financial News | October 16, 2020

Latest Business News Headlines | Economy and Financial News | October 16, 2020

business news

> South Indian Bank Q2 profit falls 23per cent at Rs 65 crore, Read More+

> Adani Green Energy’s joint venture with TOTAL SA has completed acquisition of a 205 mw solar power project for an enterprise value of Rs 1,632 crore, taking the total operating renewable portfolio under the JV to 2,353 mw, Read More+

> Tata Group is seeking to buy Indian online retailers to beef up its presence in e-commerce.

> Norway’s sovereign wealth fund gains $44 billion in third quarter, Read More+

> Sebi to auction Ravi Kiran Realty’s properties next month, Read More+

> Government bans import of air conditioners with refrigerants, Read More+

> CreditAccess Grameen to issue non-convertible debentures(NCDs)worth Rs 100 crore.

Also Read | How rich is Prime Minister Narendra Modi?

> Merchandise exports grew 6per cent year-on-year in September the first rise since February, Read More+

> The Central government will borrow Rs.1.1 lakh crore on behalf of the states to bridge the shortfall in GST collections.

> Government seeks approval from Cabinet Committee on Economic Affairs on lowering stake in IDBI Bank.

> New inflation index to impact DA, 30 million government staff to get more pay. Read More+

> Religare Enterprises Ltd. Approaches Exchanges For Declassifying Singh Brothers As Promoters.

> US weekly jobless claims unexpectedly increase to 898,000.


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