Page 202 - Bs Reporter

Facebook parent Meta appoints Sandhya Devanathan as head and VP for India

Senior executive has 22 years of experience and an international career in banking, payments and technology

EV start-up Chargeup raises $7 million in pre-series A1 funding round

The EV market in India is expected to grow aggressively from 2 million to 80 million vehicles by 2030 as per government estimates

Mphasis extends grant to Ashoka University with Rs 18 crore in funds

Makerspace will be a collaborative workspace for making, learning, exploring, and sharing using high-tech to no-tech tools, which will enable the ideation of tech-enabled solution-centric startups

Debutants put up a good show; Medanta soars 24%, Bikaji Foods up 6%

Medanta's stock hit a high of Rs 424.65 and a low of Rs 390.55 on the NSE, where Rs 2,000 crore worth of shares changed hands

Keystone Realtors' IPO gets tepid response, oversubscribed 2x

Retail portion just half covered; institutional investor and HNI portions subscribed 3.8x and 3x, respectively

Amisha Vora increases stake four fold to 96% in Prabhudas Lilladher

Acquired stakes of partners Arun Sheth, Dhiren Sheth and Dilip Bhatt. Vora will now serve as chairperson and MD of PL Group

TVS SCS extends contract with Dennis Eagle for UK aftermarket services

UK-based refuse truck manufacturer needed services for supplier management, stocking and sourcing

Simplilearn raises $45mn in new funding round led by GSV Ventures

Start-up added more than more than 120,000 paid learners in the past year

Content management platform Contentstack raises $80 mn in Series C funding

Georgian's Lead Investor Emily Walsh will join the Contentstack board along with Contentstack CFO David Overmyer

Abu Dhabi fund invests $500 mn in Kotak Investment's 13th real estate fund

With this new fund, KIAL has raised, managed or advised more than $3.3 billion under its real estate fund series

Infosys Science Foundation names winners of 14th Prize in six categories

The Infosys Prize focuses on the achievements of the recipients and awards them for their contributions to science and research impacting India

Instant food brand Yu raises Rs 20 cr funding for business expansion

Company says it will 'aggressively expand' presence in US, Africa and West Asia

Kaynes Tech IPO subscribed 34x, Keystone receives 8% bid on Day 1 & more

Kaynes Tech reported a net profit of Rs 10.05 crore and net sales of Rs 199.27 crore in the three months ended on June 2022

L&T Infotech and Mindtree receives approval for merger from NCLT

Creates India's sixth largest IT services and fifth largest in market cap

Sebi approves Adani's open offer for 26% additional stake in NDTV

Last week, the Adani group had revised the open offer timeline to Nov 22; offer price of Rs 294 a share is at a 24% discount to NDTV's closing price of Rs 365.85 on Monday

Infosys BPM opens AI, automation unit in Poland for global clients

Centre will offer solutions for lowering costs, productivity, and customer experience: Company

Prakash Subramanian joins hedge fund Millennium Capital as India CEO

US-based company is looking to invest in India and is building a new management team in the country

Mukesh Ambani enters race to buy football club Liverpool, says report

The club has been put up for sale by its current owner FSG, which bought it in October 2010, The Mirror newspaper said

Adani group to launch open offer for NDTV on November 22

The previous timeline for the open offer by Adani was October 17 to November 1

Six Indian stocks added to MSCI; Five Star IPO manages to scrape through

These stocks will witness inflows between $165 million and $255 million from passive trackers, analysts said