Author: Neha Shah

On Sunday, SEBI approved the appointment of the new CEO and MD for the National Stock Exchange (NSE). Ashish Kumar Chouhan is currently handling the same position at BSE. 

HDFC bank released its Q1 reports for FY23. The reports show the company’s profits, provisions, deposits, etc. In some areas, the bank has performed well while some did not prove profitable. 

The first I2U2 summit took place on 14 July 2022. The 4 nations discussed food security and other concerns related to food. The meeting though brief stuck to the vision and mission formed.

Maharashtra CM announced that the price of petrol will reduce by ₹5 and the diesel price by ₹3. The VAT on both of these is lowered resulting in reduced prices.

On Wednesday Xiaomi India hired 305 freshers from 100 Indian business schools. These employees were selected in the fields of sales, marketing, and supply chain and will begin the training shortly.

Varun Beverages Limited gains the attention of investors as the company shows phenomenal performance in the stock market. The company has reported the highest growth in the last quarter and is still gaining more profits.

Wheelocity, a Chennai-based start-up, raised $12 million in series A funding. The funding round was led by Lightspeed and it had other participants including Anicut Capital.

Cosmetics company L’Oreal ties up with the technology company Nasscom as it plans to expand the cosmetic industry using recent technological innovations. Both the companies are set to build new operations for smooth functioning.

2022 has witnessed one of the biggest as well the most iconic business deals in history. Starting from the Twitter deal, the biggest in records; to the Air India acquisition by Tata, which has won the hearts of many. 

With the appointment of a new CM in Maharashtra, the state is up for newer and better changes. With the current economic conditions in the state, the new government is expected to boost the growth.