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Patanjali-promoted Ruchi Soya crashes 14% ahead of listing of new shares

Market players said several HNIs who applied for the FPO dumped the shares taking advantage of the attractive spread

Understanding the new stock market investor in a post-Covid scenario

NSE-Nielsen study concluded that over half these investors park money in the markets to afford a better lifestyle

Doceree completes $11 mn series A fund raise led by Eight Roads Ventures

Recipient is a physician-only platform for programmatic messaging; funding will help it embolden healthcare professional communications for pharma and life sciences brands

Indian shoppers turning hybrid with mix of online-offline purchases: Criteo

A report by Nasdaq-listed Criteo says 45% of Indians surveyed browse products online but buy them at a store, while 44% purchase online after selecting products at a retail store

At least 58% of corporate staffers have one non-communicable disease: Study

48% carry risk of high cholesterol, 18% could become obese, said research by Apollo Hospitals

IDFC likely to announce sale of mutual fund business today evening

A consortium led by Bandhan Financial Holdings is leading the race to acquire IDFC mutual fund business.

InMobi, Anzu announce programmatic in-game ad partnership for Asia Pacific

Anzu's in-game advertising solution allows programmatic advertisers to run their banner and video ads via blended yet highly viewable IAB-compliant ad formats that sit on 3D objects.

Zoom Video Communications sets up second technology centre in Chennai

Like the technology centre in Bangalore launched in 2020, the new Chennai technology centre will play a vital role as a source of innovation for Zoom .

Kansas labour dept picks TCS to modernise unemployment insurance programme

For more than two decades, TCS has partnered with states across the US to transform unemployment insurance systems

Carlyle sells 2.78% stake in SBI Cards for Rs 2,229 cr

CA Rover Holdings, an affiliate firm of the Carlyle Group, sold a total of 26.17 million shares at Rs 852 apiece, shows data provided by the stock exchange

Motherson in race for Marelli Holdings' restructuring: Report

Motherson has partnered with US investment fund KKR to negotiate with Marelli on the terms and conditions of support ahead of the second round of bidding

Speciale Invest announces its second funds closure at Rs 286 crore

In April 2021, the company had announced their second fund to be a corpus of around Rs 100 crore, but this got oversubscribed to over Rs 140 crore.

Nazara Technologies invests $2.5 mn in US-based Bitkraft Ventures

The announcement comes at the back of its recent partnership with Griffin Gaming Partners, in which Nazara has committed to invest $4 million.

Jio-bp and TVS Motor Company to collaborate on EV solutions

Under this proposed partnership, the customers of TVS electric vehicles are expected to get access to the widespread charging network of Jio-bp, which is also open to other vehicles

Biryani, BSE and bills: All about a billion Razorpay transactions in FY22

One of the takeaways from data analysis is that trading activity grew 247% over previous financial year

Karur Vysya Bank's total business crosses Rs 1.25 trn

While the total deposits of the bank stood at Rs 68,676 cr as on March 31, the total advances was at Rs 58,086 cr, aggregating a total business of Rs 1.26 trn

Vested Finance raises $12 mn in series A funding round led by Ayon Capital

The company has processed more than $250 million in transactions in 2021 and also tripled the deposits on the platform in 2021.

Flipkart launches rural area- and women-focused Flipkart Foundation

Aims to positively impact 20 million lives directly and indirectly over the next decade

CCI to enforce stricter M&A disclosure requirements starting May 1

Cos to disclose "complimentary linkage" between them and their impact on market, provide data of past 5 yrs on market size, market share of parties and also of competitors

Sebi panel to improve governance norms for market infra bodies

The committee is entrusted to make recommendations regarding the role played by the governing board and committees of MIIs