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Veranda Learning Solutions' Rs 200-cr IPO to open on March 29

The company has set the price band for its IPO between Rs 130-137 per share.

CCI clubs newspaper body's complaints against Google with earlier order

According to INS, news media houses are completely kept in the dark on the total advertising revenue collected by Google

Investor Ravi Chachra launches $75-mn venture debt marketplace for startups

Part of Y-Combinator's winter 2022 batch, 8vdx has already disbursed $2.8 mn to 16 startups, including two from India

Ransomware payments hit record in 2021, India ranks 2nd in JAPAC region

India witnessed a 218 per cent rise in ransomware attacks in 2021

University of California picks up 0.57% stake in Kotak Mahindra Bank

The stake was purchased at Rs 1,699 per share from Canada Pension Plan Investment Board (CPPIB), data released by BSE showed

Sebi levies Rs 5 lakh penalty on Axis Bank

During this period, Axis Bank acted as a merchant bank for 22 debt issues launched by various companies.

Ruchi Soya FPO subscribed 12% on Day 1

On Wednesday, Ruchi Soya allotted shares worth Rs 1,290 crore to anchor investors at Rs 650 apiece

Banks should account for govt transactions for FY22 in same year: RBI

Transactions through national electronic funds transfer (NEFT) and real time gross settlement (RTGS) system will continue upto 2400 hours on March 31, 2022, RBI said

Blacksoil provides $4.5mn in debt funding to three startups

The three startups are Blu-Smart Mobility-an electric shared mobility platform, BigHaat-an agri inputs digital marketplace platform and LoanTap- a fintech offering personal loans

RBI's innovation hub is an investment for the future: Shaktikanta Das

RBIH has been set up as a Section 8 company under the Companies Act, 2013, and has an independent board, with Senapathy Gopalakrishnan as the chairman

Indians surpass US job seekers for Canadian job postings: Indeed

STEM-related postings get higher shares of interest from outside of Canada than other fields, led by software development, which this February received 22% of clicks from outside Canada

MedisimVR raises Rs 3.5cr in pre-series A round led by IP Ventures

The funds raised by MedisimVR will be used by the company for scaling up its product offering and adding more skill training content to their library

A cross-industry collaboration takes shape to combat misinformation

Misinformation Combat Alliance to work on targeted intervention, media literacy

BS Awards for Corporate Excellence: Power-packed jury to pick winners today

The jury will select the best in corporate India from a list based on financial data as well as qualitative aspects

CPPIB to sell 2% stake in Kotak Mahindra Bank, puts 40 mn shares on block

Price band of Rs 1,681.26-1,769.75 per share; CPPIB can fetch between Rs 4,707.5 crore and Rs 4,955.3 crore from the share sale.

Bank investments in AIFs to get same treatment as VCFs, says RBI

The regulator said it had received queries from banks on applicability of the prudential treatment for investment in VCFs to investment in AIFs

SBI group gets RBI nod to increase stake in ICICI Bank to 9.99%

SBI MF owns 5.7% in ICICI Bank; approval valid for one year

Ruchi Soya allots shares worth Rs 1,290 cr to anchor investors ahead of FPO

Ruchi Soya has priced its FPO in the range of Rs 615-Rs 650 per share.

Co-working space player iSprout raises $4mn in pre-series A funding

Large part has been invested by a top infra firm's director; after the round over 75% ownership in iSprout will be with the four co-founders and this investor

TCS Rs 18,000 cr buyback subscribed 7.5x, with 300 mn shares tendered

Acceptance ratio is lower than previous buybacks done by the firm