Page 151 - Bs Reporter %c2%a0%c2%a0

IndoStar Finance Capital offloads corporate loans to Phoenix ARC

Offloads stress loans with dues worth Rs 915 cr

CSM Tech, IIT-M to build autonomously driven electric race car by 2025

CSM Tech is backing Raftar, a motorsports team run by the students of IIT Madras, which has won the Formula Bharat thrice, more than any other peer

Jio Financial's exclusion from BSE indices postponed by another 3 days

Jio Fin was expected to sell worth over Rs 7,300 crore from exchange-traded funds and global depository receipt holders

Antfin sells 3.6% in Paytm; Vishnu Prakash IPO subscribed nearly 10x

Analysts said the selling pressure on the stock could ease over the next few days. Investors are also looking for cues from RIL's annual general meeting (AGM) on Monday

Market regulator Sebi mulls new fee collection system for advisors

Under this proposed mechanism, all fees paid by clients will be processed on a designated platform and directed to a Sebi-recognised supervisory body

Infosys signs women's tennis champ Iga Swiatek as brand ambassador

Infosys has been engaged with tennis for over eight years, serving as the digital innovation partner for prestigious events

Gupshup launches domain-specific ACE LLM for customer interactions

Built upon foundation models such as Meta's Llama 2, OpenAI GPT-3.5 Turbo, Mosaic MPT, Flan T-5, and others, ACE LLM has been adapted for specific industries and functions

Sensex, Nifty decline after three days of gains; Jio Financial falls 4.99%

Both the Sensex and the Nifty declined over a per cent from the day's highs amid a 2.5 per cent drop in RIL from its intra-day high

Jio Financial Services stock declines 5% for a fourth straight day

The sharp drawdown has been on account of selling pressure from exchange-traded funds and global depository receipt holders

India's fuel subsidies fourth largest in the world, shows IMF data

India's per capita fuel subsidies was much lower at $245 compared to Saudi Arabia ($6996), South Korea ($3120), Russia ($2982), Japan ($2498), US ($2243) and China ($1568)

Aeroflex Industries IPO subscribed 97 times; VPRPL subscribed 3.7 times

Backed by famed investor Ashish Kacholia, Aeroflex has priced its issue between Rs 102 and Rs 108 a share

Infosys signs up global tennis legend Rafael Nadal as brand ambassador

This marks Nadal's first-ever collaboration with a digital services company

E-commerce firm Meesho aims to digitise 10 mn small businesses by 2027

The company said this would unlock new opportunities for small, medium, and local enterprises with an annual turnover below 40 lakhs, to embrace digital commerce

RBL Bank increases savings account interest rates up to 150 basis points

For daily balances between Rs 25 lakh to Rs 2 crore, bank will pay 7.5 per cent (per annum) as against 7.0 per cent rate

Jio Financial hits down limit for third day, Aeroflex subscribed 21 times

Market players expect the selling pressure to continue until the selling by passive funds is fully absorbed

NCDRC dismisses appeal filed by Cloudtail challenging CCPA's order

CCPA had asked the company to recall 1,033 cookers in violation of BIS standards; had levied penalty of Rs 1 lakh on the company

Infosys rolls out 80% average variable payout for Q1 to eligible employees

Infosys had paid out 60 per cent of the variable pay in the fourth quarter of financial year FY23

DeepTech SaaS firms can unlock a CAGR of up to 50%: Nasscom report

The study by industry body Nasscom in collaboration with EY India found that one out of four Indian B2B SaaS companies was focused on new inventions in DeepTech

No role in banks' selling loans to Edelweiss ARC: GTL Infrastructure

The company continues to operate in normal course of business and does not see any material impact on the operations of the company and cooperate with authorities, the statement said

LIC acquires 6.66% stake in Jio Financial Services through demerger process

The insurer's stake in JFS is valued at Rs 10,030 crore, while that in RIL stands at around Rs 1.1 trillion