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UST partners with BlueYonder to improve digital services for retailers

Blue Yonder experts will join UST to introduce add-on capabilities for customers, companies say.

War on Covid: Nasscom seeks easing of FCRA for smoother foreign aid flow

Also wants govt to allow all WHO-approved vaccines into the country

Paytm provides technological support to Japan's payment app PayPay

SoftBank is aiming to take PayPay public; Paytm may also get some stake in the app

Myelin Foundry raises pre-series A funding of $1 million from Japanese VC

The new round will be used to consolidate Myelin's products in the India video streaming market, and to expand into international markets

Sebi mulling new framework to prevent misuse of client collateral

The rules are aimed at identifying each client's collateral and ensuring it is utilised towards the margins of that client only

BSE market capitalisation surges to record Rs 211 trillion, shows data

The BSE Sensex climbed 256.71 points, or 0.52 per cent, to finish at 49,206.47

Carlyle sells 4.2% in SBI Life at Rs 960 per share in pre-market deal

CA Emerald Investments, an affiliate of Carlyle Asia Partners, sold a total of 4.23 million shares for Rs 4,061 crore

RBI to conduct first SLTRO of Rs 10k cr for small finance banks on May 17

The SLTRO will be valid for three years. All SFBs will be eligible to participate in the scheme, which was announced by RBI Governor Shaktikanta Das on May 5 to mitigate Covid-related dislocations

Hero MotoCorp Q4 net up 38% to Rs 865 cr on entry-level bike demand

Company extends factory closure to May 10; expects normalcy to return by second quarter

HCL group to support Covid-19 care facilities in NCR with 500 beds

Commonwealth Games Village, Holy Family Hospital, Sama Hospital and Lok Nayak Hospital in New Delhi; and Government Institute of Medical Sciences, Greater Noida will be beneficiaries

Cognizant revises revenue guidance for CY22 as digital deals drive growth

But the forecast at 7-9% does not match Infosys' 12-14%; While TCS does not give guidance, its management is sure of double-digit growth

CPP Investments pays Rs 1,005 cr for addl 15.9% stake in IndInfravit Trust

Units were bought in two separate deals--7% from Sadbhav Infra and 8.9% L&T IDPL in a deal that will happen later

Adani Transmission PAT up 82% at Rs 1,290 cr in FY21 despite dip in revenue

The firm's revenue for fiscal 2021 was down 14% to Rs 8,840 cr on a consolidated basis

US-listed Emerging Markets ETFs see 26th straight week of inflows

Total inflow was $341.7 million for the week ended April 30, up from $81.1 million in the previous week

Irdai issues guidelines for a standard domestic travel insurance product

Rollout on July 1, five plans on offer depending on mode of travel

Ola Electric announces appointment of Wayne Burgess as head, vehicle design

Burgess has spent almost three decades designing vehicles for the majority of British premium automotive manufacturers

RBL Bank net declines 34% in Q4 on higher provisions, drop in NII

Its profit after tax for the reporting quarter stood at Rs 75 crore against Rs 114 crore in the year-ago period

L&T Infotech Q4 net profit rises 28%; declares final dividend of Rs 25

Revenue for Q4FY21 grew 8.5% at Rs 3,269 cr

Bajaj Group pledges an additional Rs 200 crore for Covid-19 relief

Recently, the group aided in the procurement of 12 oxygen plants to provide more than 5,000 LPM (Litre Per Minute) of oxygen supply to rural and urban hospitals

Accenture pledges $25 mn towards pandemic relief for staff, communities

Firm has 24x7 telemedicine, care-at-home, higher insurance cover, virtual childcare, mental health support, and testing and vaccination infra for employees