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Ruchi Soya Industries' FPO sees strong demand from anchor investors

Ruchi Soya has priced its FPO in the range between Rs 615-Rs 650 per share. The issue price is 28-32 per cent lower than Tuesday's closing price of Rs 913 per share.

OfBusiness financial arm Oxyzo raises $200 mn in Series A funding round

The funds will be used to expand Oxyzo's broader digital financial services play organically and inorganically across a strong own balance sheet play

Infosys to acquire German digital marketing firm Oddity for Euro 50 mn

With more than 300 digital experts, Oddity is one of the largest independent digital agencies from Germany. For CY21 the company had revenue of Euro 21.6 mn

Income tax department searches 24 premises of Hiranandani group

Last week, several premises linked to Omaxe were searched by the department for allegedly indulging in "unaccounted" cash transactions with customers of around Rs 3,000 crore.

Voting advisory firm IiAS gives a thumbs up to Vodafone Idea fund raise

Promoter infusion will pave the way for Rs 10,000-cr additional fund raise for Vodafone Idea Ltd., say experts

TCS Rs 18,000 crore buyback subscribed 5.5 times a day before close

Tata group flagship firm is buying back 40 mn shares, or 1.08% of its equity at Rs 4,500 a share. That's a premium of over 21% to CMP

UPI most preferred payment mode among consumers with 56% share: study

That said, cards are still dominating the merchant acceptance payments ecosystem, with 26% market share by volume, 53% by value

Indiabulls board approves fundraising plan of up to Rs 50,000 cr

Funds can be raised via NCDs on one or more tranches as private placement

Madhulika Bhaskar of GIC Re named acting chairman of New India Assurance

The position of CMD of New India has been lying vacant since former chairman Atul Sahai retired on February 28

Gateway Distriparks ends at Rs 75 on relisting, valuation at Rs 3,730 cr

The Street was expecting the stock to list above Rs 90-close to the adjusted price pre-amalgamation

Oyo to offer free accommodation to Ukraine refugees, starts fundraiser

Initiative to start from Poland; company also in talks with home owners in Europe

Equinix to invest $9 mn to acquire land parcel in Chennai for expansion

In Asia-Pacific, Equinix currently has 52 IBX data centers in key metros across Australia, China, Hong Kong, India, Japan, Korea and Singapore

TCS' Rs 18,000 cr share buyback subscribed 4.5 times a day before close

According to an analysis done by Edelweiss Alternative Research, the acceptance ratio of TCS share buyback for retail investors could be 14.3 per cent

Biz activity allays Russia-Ukraine war fears, hits all-time high

In a broad-based recovery, the Nibri rose to another record high of 126.4 for the week ending 20 March from 122.8 in the previous week, a 26.4 percentage point rise from the pre-pandemic levels

Qualcomm launches $100 mn Snapdragon Metaverse Fund for XR firms

The fund will invest in developers and companies building unique, immersive XR experiences, and associated core AR and related AI technologies

CtrlS commences work on its third data center in Hyderabad

The to-be-constructed CtrlS Gachibowli DC2 is located in the Financial District of Hyderabad sharing the neighbourhood with Capgemini, Microsoft, Virtusa, Infosys, and other IT and BFSI companies.

IPV launches Physis Capital with fund size of $50 mn for startups

Physis Capital will build a portfolio of 15-20 startups with an average ticket size of $2.5 million.

Accenture Q2 results beat estimates, warns of impact from Ukraine conflict

Accenture's results continue to show that the momentum for digital transformation and shift to cloud services is growing strong.

RBI grants three-month extension to RBL Bank's interim CEO Rajeev Ahuja

Ahuja was appointed as the interim MD & CEO after the then MD & CEO Vishwavir Ahuja went on leave

BBB extends deadline to apply for NaBFID Deputy MD posts to April 8

The salaries payable to the DMD will be market driven, and will be entitled for annual increments based on the performance and the guidelines of the institution