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S&P raises Adani Electricity Mumbai's outlook from 'Negative' to 'Stable'

IHC investment in parent Adani Transmission Ltd to improve leverage and credit quality

Fintech start-up Actlogica raises seed funding from Zerodha's venture arm

The husband-wife duo of Ameet Ayare and Archana Anoor founded Actlogica in 2015 to aid wealth managers and investment management professionals

Rainbow Medicare raises Rs 470 cr from anchor investors ahead of IPO

Close to 8.7 million shares were alloted to 36 institutional investors at Rs 542 per share, the upper end of the price band

LIC shares at 5-7% premium in grey market, may rise further, say observers

They said shares were changing hands at Rs 1,000 apiece as against an expected IPO price of Rs 950

Instagram launches Enhanced Tags on Reels to boost creator recognition

Enhanced tags allow a creator's self-designated profile on his professional accounts to be displayed in People Tag, so that people can share and view his specific contribution to a photo or video post

Campus Activewear IPO subscribed 1.24x on Day-1 on retail interest

The retail portion was subscribed 1.9 times, HNI 1.32 times and institutional investor portion was subscribed 9%

RBI imposes Rs 1.12 cr penalty on Bank of Maharashtra for non-compliance

This action is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with customers.

Six Pakistan-based YouTube news channels among 16 blocked by I&B Ministry

This is the second time in a month that govt has taken such an action

TCS to take decade-long relationship with SBI Cards to a new level

The tech firm will expand the next leg of digital transformation at SBI Cards

School fees-focused fintech app Zenda raises $9.4 mn in seed round

Using Zenda, families can track dues and make payments through a multitude of pay-now and pay-later options, and unlock rewards for paying on time

Covid-19 infections rise to 60 at IIT Madras; authorities on high-alert

Tamil Nadu to hold mass vaccination drive across 100,000 centres on May 8, will target 4.3 mn people who are yet to take first dose, 13 mn who need the second

Marriott elevates Ranju Alex to VP-South Asia in place of Neeraj Govil

With this, Alex becomes the first Indian woman to head a region at the hospitality firm; Govil moves to Singapore

Zomato offset about 500,000 metric tonnes of carbon emissions last year

Foodtech major introduces 100 per cent plastic neutral deliveries

Adani Ports buys Ocean Sparkle for Rs 1700 cr through Adani Harbour Svces

Ocean Sparkle is a leading player in towage, pilotage, and dredging with an asset base of 94 own vessels and 13 third-party-owned vessels

18 more at IIT-Madras test Covid positive, 30 cases in two days

Meanwhile, the state government has asked all its hospitals to be on standby as 39 people tested positive in the past 24 hours taking the total active cases to 256.

Ekki pumps names Warwick varsity's Sujit Banerji as chief advisor

Prior to his role as Emeritus Professor at the University of Warwick, he spent more than 30 years with IBM

Tamil Nadu makes masks mandatory again, Rs 500 penalty for non-compliance

39 test positive during past 24 hours, total active cases at 256, with 30 at IIT Madras campus

Angel One soars 18%; ICICI Securities drops 5%

Angel One saw its stock end the day at Rs 1,918.7, valuing the company at Rs 15,910 crore.

Adani Group, ITC and Microsoft among companies to invest in Bengal

Addressing the valedictory session of the Bengal Global Business Summit, Banerjee said 137 Memoranda of Understanding (MoUs) and letters of intent (LoI) were signed for the investments

TVS Motor announces £100 mn investment in UK's Norton Motorcycle

Company makes a commitment for additional funding on the sidelines of Boris Johnson's India visit