Latest economic news India today July 15, 2022

Here is today’s business news, latest India business news today July 15, 2022

• According to the position statement of scheduled banks in India, bank credit grew by 13.29% while deposits grew by 9.77% in the fortnight ending July 1, 2022.
• RD&X signed a pact with Jaz Hotel Group as a client to provide a unified, real-time view of all programmatic campaigns to drive optimistic results.

• Bharti Airtel’s Board of Directors has approved the preference share allotment to Google for a 1.2% stake.
• Solar Energy Corporation of India has awarded a project worth Rs 2,600 crores for the development of a 300 MW wind power project in Karnataka to Torrent Power.

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• Funskool India has acquired the license to manufacture and distribute Chhota Bheem and 7 cartoon characters.
• Honda Motorcycle and Scooter India have entered into a collaboration with Kyndryl, an IT infrastructure service provider, to help the former elevate its IT security and transformation journey.
• BluSmart Electric Mobility will raise $250 million from investors.
• Migsun, a property developer, has partnered with ElectriVa to install, operate and maintain electric vehicle charging stations at three projects in Ghaziabad and Greater Noida.
• Florintree Advisors has acquired a 72% stake in Avasarala Technologies in a combination of primary and secondary investments.

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• The bi-annual ‘Textile Show’ of the Crafts Council of India will be held on 22^n/a and 23^rd July in Chennai.
• Adani Group is to acquire the 92 acre plots of land from K Raheja Corps in Navi Mumbai for Rs 1500 crores.
• According to the company’s annual report, Dabur India’s four brands have a turnover of Rs 1000 crores and above.
• Singapore’s sovereign wealth fund, GIC, is to invest Rs 2,800 crores in Bhartiya Group’s commercial project in Bangalore.
• Cipla Health Limited has signed an agreement to acquire a nutritional supplement brand, Endura Mass, from Medinnbelle Herbalcare Private Limited.

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