Page 210 - Bs Reporter

WPP acquires remaining 26% stake in MediaCom from Balsara family

Deal size not known immediately, marks the exit of the Balsaras from the agency

Fantasy sports' body lauds govt's guidelines on online betting ads

The advisories were supplemented with evidence of direct and surrogate ads of betting websites such as Fairplay, PariMatch, Betway, Wolf 777, and 1xBet.

Muthoot Finance to raise Rs 300 cr via secured NCDs, issue size at Rs 75 cr

Proposed NCDs have AA+ rating from ICRA denoting 'high degree of safety'

Flipkart spent $1.1 billion from February to July, shows Walmart filings

The firm has also has been an active investor in the ecosystem and has a portfolio of investments in many companies

Electronics Mart IPO subscribed 1.7x on Day-1 on retail, QIB interest

The firm is looking to raise Rs 500 crore from the IPO to fuel its store and warehouse expansion plan

Big Fashion Festival: Myntra onboards over 1.2 million new customers

As customers shopped fashion, beauty and lifestyle products during the event, Myntra's BFF saw over 45 per cent of visitors coming from tier 2/3 cities of India

India's offline market for smartphones grew 44% in H1 2022: Report

Sale of smartphones priced above Rs 20,000 has increased more than two-fold in five years

Automation Anywhere raises $200 mn from Silicon Valley Bank, others

The firm's cloud customers have run an estimated 50 million automations in 2022, with leading firms deploying thousands of bots across their organisations

PhonePe completes process to move domicile from Singapore to India

All businesses, and entities now owned by and consolidated under PhonePe Pvt Ltd-India

TVS Motor sales increase 9% in Sept with 379,011 units amid festival season

Domestic two-wheeler registered a growth of 16 per cent, with sales increasing from 244,084 units a year ago to 283,878 units in September 2022

Amazon launches live video and interactive shopping experience in India

Over 2 million customers have walked into their nearest Amazon Easy store and availed assisted shopping on Amazon.in

Higher rates to hit real estate and infrastructure projects, say experts

Worried that the rising rates will hit new projects, CEOs said new loans will cost more this increasing the cost of projects

Sebi makes OTP validation a must for mutual fund investments from FY24

According to a circular issued by the markets regulator on Friday, investors will have to authenticate new investments in mutual funds through a one-time password from April 1, 2023.

Adani Enterprises' stock falls 2.6% ahead of Nifty50 debut

The company was also in focus after it said it was considering increasing its public float

Udaan to provide medicine delivery to pharmacies every 4-hour

As part of the new service offering, Udaan will provide medicine delivery to pharmacies every 4-hour with 4 delivery slot options in a day to order medicines across six cities

Top 20% of Urban Company partners earned Rs 42,000 per month in Q2

According to the H1 2022 Urban Company Earnings Index, UC Partners who completed over 30 orders in a month earned over Rs 32,000 per month in Q2 2022

Amazon partners with govt to provide jobs to people with disabilities

The tripartite agreement between DePwD, SCPwD and Amazon focuses on skilling, certification, and entrepreneurship designed to uniquely enable and position PwD participation in mainstream society

Google search gets new features to be visual and add languages

Google shopping search now understands more than 35 billion product listings

No online transactions in MF folios with wrong phone numbers from Oct: CAMS

According to the registrar and transfer agent (RTA), the phone number and email ids can be the same only for those folios which are linked to the same PAN card.

Cloudtail reports net loss of Rs 522 cr in FY22, revenue rises 15%

The e-commerce firm's revenue grew 15% to Rs 19,090 cr in FY22