Top 3 business stories on Sept 20: Chinese real estate giant Dalian Wanda seeks concessions for its $10 billion India investment and more

1. Chinese real estate giant Dalian Wanda seeks concessions for its $10 billion India investment

Chinese real estate giant Dalian Wanda after its announcement of $10 billion investment in India is looking for several concessions for the industrial park that it plans to develop in Haryana.  

These benefits relate to the route through which it will bring the money into India and concessions on various taxes. 

Also Read: Chinese real estate giant Dalian Wanda seeks concessions for its $10 billion India investment

2. Twitter's discontinuation of engineering tasks in India will lead to lay offs 

A big lay off by Twitter is on the cards at the microblogging social interactive platform's development centre in Bengaluru. This announcement comes in light with Twitter putting an end to its engineering tasks in India.

The company did not disclose the number of people being handed pink slips. When contacted, Twitter in an emailed statement said: "As part of our normal business review, we have decided to stop the global engineering work at the Bengaluru development centre.

Also Read: Twitter's discontinuation of engineering tasks in India will lead to lay offs

3. Indian Stock markets dip ahead of Federal Reserve and Bank of Japan policy meeting

The Indian stock markets  dipped after a four-day bullish streak, ahead of Wednesday policy decisions by the Bank of Japan and the U.S. Federal Reserve.

The BSE Sensex ended with a loss of 111 points at 28,523. The BSE Sensex opened at 28,691 touched an intra-day high of 28,699 and low of 28,481.The NSE Nifty closed with a loss of 33 points at 8,776. The NSE Nifty opened at 8,816 hitting a high of 8,816.45 and low of 8,759.

Also Read: Indian Stock markets dip ahead of Federal Reserve and Bank of Japan policy meeting