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Here is today’s business news, Latest business news India today 26th November 2022
- Castrol India Limited is acquiring a 7.09% minority stake in TVS Automobile Solutions’ digital subsidiary, Ki Mobility Solutions, with an investment of Rs. 487.5 crore in cash.
- Adani Enterprises Board of Directors will meet today to review the proposal of Rs. 20,000 crore FPO.
- K7 Computing has signed a Memorandum of Understanding with SRM Easwari Engineering College to establish the Easwari Engineering College – K7 Center of Excellence for Malware Analysis.
- Bengaluru-based EV company Altigreen plans to raise Rs. 1,000 crores for new product launches.
- Diebold Nixdorf has set up a manufacturing facility in Bengaluru together with Nash Industries.
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Latest Business News India Today November 26, 2022 – Economic news headlines today
- Shriram Properties Limited has completed a 100% acquisition of Suvilas Realities Private Limited.
- Hero MotorCorp is increasing the prices of its motorcycles and scooters by up to Rs.1500 from December 1, 2022.
- Pravaig Dynamics, an e-mobility startup, plans to make an investment of around Rs 400 billion next year to launch SUVs.
- Krsnaa Diagnostics intends to open approximately 600 collection centers under the franchisee model by the end of the next fiscal year.
- InvAscent, a private equity firm specializing in life sciences and healthcare, has acquired a minority stake in Sunways India after making an investment of Rs 120 crores.
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Latest Business News India Today November 26, 2022 – Business News India Today
- Adani conglomerate is raising Rs.20,000 in equity to fund massive expansion of its business.
- A sum of Rs 17,000 crores has been released by the central government for states to offset GST compensation, bringing the total to Rs 1.15 lakh crores.
- According to RBI, India’s foreign exchange reserves surged by $2.537 billion in the week ended November 18, 2022.
- Uniparts India Ltd intends to raise up to Rs 836 crores through its IPO which opens on November 30th.
- Volvo Car India has started deliveries of its locally assembled XC40 Recharge luxury electric SUV from Bengaluru.
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