Business news India: Latest India business news headlines today 20 August 2021
Here’s today business news, the latest business news India today 20 August 2021.
- Nitin Chughhas recently tendered his resignation from the office of Managing Director and chief executive officer at UjjivanSmall Finance Bank w.e.f. closing of business hours on September 30, 2021.
- Mandar Satpute, a career banker with experience of more than 22 years has been promoted to the role of Chief banking officer at ZestMoney, a Bengaluru-based fin-tech company. He had been with the firm for 4 years as VP-Banking Partnerships.
- $21 million has reportedly been raised by AgNext Technologies, an Agri-tech startup, as part of a Series A funding round led by the Alpha Wave Incubation fund.
- Hiration, an AI-powered career platform is reported to have raised Rs 21 crores from Prime Venture Partners, Venture Highways, and Y Combinator.
- Sunil Lulla has reportedly quit as CEO of BARC, the television viewership monitoring agency.
- Jet Airways staff has reportedly moved NCLT requesting a stay on the resolution plan of Jalan Kalrock consortium over pending salaries and retirement benefit concerns.
- Intel, an American MNC and technology company has announced to provide an incentive of $250 for all its employees to overcome vaccine hesitancy and increased protection.
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Latest business news India today 20 August 2021 – business news headlines today
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- Cred, a Bengaluru-based fin-tech company, to launch peer-to-peer lending for members and says that their focus to create the highest quality loan book.
- BharatPe, the merchant payment platform run by Resilient Innovations announced to have raised Rs.200 crores in debt financing from IIFL Wealth and Northern Arc Capital.
- Israeli game publisher, CrazyLabs in association with Hyderabad-based Street Lamp Games announced to set up its second gaming accelerator in Hyderabad after Mumbai.
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- 75th edition of two-wheelers by the Vespa brand of scooters has been launched to mark the 75 years of the brand’s presence in India.
- Under Affordable Rental Housing Complexes, the government has sanctioned around 60,000 houses to be constructed by the public, private agencies and organizations.
- Housing sales in the top 7 cities are estimated to cross 3.17 lakh units and fresh launches by 2.62 lakh units in 2023. As per Anarock Property Consultants, a rise in home-ownership sentiment, digital marketing and faster adoption of technology are likely to lead to a continued surge in the Residential Market.
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