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Here’s today business news, the latest business news India today 19 February 2022.
- Equitas Small Finance Bank has approved Rs 53.59 as the Qualified Institutional Placement issue price.
- As per the exchange filling, 99000 shares of India Debt Resolution Company Ltd had been subscribed by Bank of Baroda.
- Pine Labs raised $150 million worth of funds in a funding round from Alpha Wave Ventures.
- TransUnion CIBIL has partnered with FICCI for the launch of the MSME consumer education program to help small businesses gain awareness on CIBIL Rank, commercial credit information, and credit management.
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- Rakesh Gangwal, the co-founder and promoter of IndiGo, has resigned as the non-executive and non-independent director, effective immediately.
- As per reports, Life Insurance Corporation aims to launch the country’s biggest IPO at $8 billion on March 11, 2022.
- Durex has become the second-largest condom brand in India in FY 21, as informed by the Reckitt Benckiser Group.
- Indian Oil has informed the setting up of 1,000 electric vehicle charging stations and has enabled an EV Revolution in India.
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- Jaimini Bhagwati has been appointed as the Additional Director on board by IDFC FIRST Bank.
- The stress fund for the realty sector, SWAMIH Investment Fund, has approved 105 deals that will help in the completion of 61,000 homes.
- Mahindra Holidays & Resorts India has announced to sell off its 10.76% stake in Nreach Online Services Pvt Ltd to Gift Management Asia Pte Ltd for a consideration of Rs 29.31 crores.
- Nirmal NR has been appointed as the CEO for India by Zoomcar.
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