- Thursday, April 24, 2025
By: Shubham Ghosh
Here are some news in brief related to India’s economy and business for Tuesday, July 5, 2022:
Indian rupee plunges 41 paise to record low of 79.36 against US dollar: The Indian rupee on Tuesday fell by 41 paise to close at a fresh lifetime low of 79.36 (provisional) against the American dollar as concerns of a wider current account deficit came to the forefront.
India law-enforcement agency raids against Chinese firm Vivo in corruption case: India’s Enforcement Directorate (ED) on Tuesday (5) conducted searches at 44 places across the country in a money-laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said.
India June services growth fastest in more than 11 years: India’s dominant services industry grew at the fastest pace in over 11 years in June amid strong demand, Reuters reported citing a private survey. It added that stubborn inflation remained a concern as prices charged rose at the sharpest rate in almost five years.
Airtel Payments Bank ropes in Shilpi Kapoor as chief marketing officer: Airtel Payments Bank has roped in Shilpi Kapoor, the former marketing director of American Express, as its chief marketing officer to oversee marketing and corporate communication functions for the bank, Moneycontrol reported.
EU recognition for Biocon Biologics’ new manufacturing unit in Bengaluru: Biocon Biologics Limited, a subsidiary of Biocon Limited, has got the European Union’s good manufacturing practice (GMP) certificate from Ireland’s Health Products Regulatory Authority (HPRA) for its new monoclonal antibodies (mAbs) drug-substance manufacturing plant in Bengaluru.
Microsoft launches Surface Laptop Go 2 in India: Microsoft has launched its Surface Laptop Go 2 in India, which is available in multiple configurations, the Hindu BusinessLine reported. “When we first introduced Surface Laptop Go, the world was navigating profound changes in a way each of us connects to people and experiences. The Windows PC became essential for work, school, play, and social connections. We are delighted to bring the new Surface Laptop Go 2 to India,” Bhaskar Basu, Country Head – Devices (Surface), Microsoft India, said.
Jaro Education witnesses 256% hike in average salary of learners, par excellence: India’s most trusted and leading edtech firm Jaro Education has continued with its high placement assistance record, with a projected highest salary of Rs 90 lakh and an average salary of Rs 27 lakh; paving new milestones in the current academic year, ANI/BusinessWire India reported.
