India News Headlines: Latest India Business News 14th September 2020
by TentaranRead Latest India Business News 14th September 2020:
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- SEBI questioned Franklin Templeton India’s tardiness over shutting of its six debt schemes in April.
- Auto parts makers are seeking for relief by expecting banks to restructure their dues that incurred during moratorium.
- Vedanta leads a surge in dollar loans to help fund local privatisation and acquisitions.
- The Mahindra-backed Meru Cabs is focusing on the B2B segment and has planned to not get into the B2C war.
- SEBI on Sunday clarified that mutual funds have multiple options to comply with the multi-cap circular that was issued on Friday. It also ensured that the new norms are aimed at ensuring that funds are true to their so-called ‘label’ and if there are any proposals by the industry then it will examine them.
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Latest India Business News 14th September 2020
- Zydus Wellness said the company will take a three-pronged strategy to drive growth going forward.
- Ecom Express is planning on creating nearly 30,000 temporary jobs across its operations ahead of the heightened demand during the festive sales.
- Highways builder DBL is planning on selling 7 of its road projects to global financial investors.
- Vodafone Idea, which recently rebranded as Vi, has now become the co-presenting sponsor of IPL 2020 which is said to commence on the upcoming weekend from 19th September onwards.
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Latest India Business News 14th September 2020
- The National Green Tribunal (NGT) has directed the Central Pollution Control Board (CPCB) to recover fine from Amazon and Flipkart for excessive plastic packaging which is a violation of environmental norms.
- The Government’s DPIIT is working on credit guarantee and seed fund schemes for startups in India.
- RailYatri, an online train tracking and booking platform, said around 20% of online train ticket inventory has opened up for public within months of resumption of train services in the northern and southern states.
- Spurred by government policy, local tech expertise and increasing investor interest, Spacetech startups in India are ready to take off.
- Kerala has bagged the ‘Top Performer’ honour by the Centre under States’ Startup Ranking 2019 for the second consecutive year.
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