Page 224 - Bs Reporter

CARE Hospitals buy majority stake in United CIIGMA for around Rs 400 cr

The investment will allow CARE to have a presence in three Maharashtra cities. CARE's network spans 17 healthcare facilities in eight cities and six states of the country.

IT, BPM industry to add more 300,000 jobs by FY2023: TeamLease report

Companies looking for candidates with digital skills and engineering graduates from smaller cities

Indices end in green for fourth session in a row; Sensex gains 545 points

On Monday, the FPIs bought shares worth Rs 2,320 crore, according to provisional figures from exchanges

Infosys Finacle inducted in IFSCA regulatory plan for blockchain finance

Six leading banks are collaborating with trade finance solution for short-term credit, import payments

India's new mall space set to double in 2022, says Anarock report

In 2021 approximately 5.76 million square feet of retail real estate was created

Indian Bank posts 4% rise in net profit to Rs 1,311 crore in first quarter

Total income of the bank during the April-June quarter of 2022-23 also increased by 3 per cent to Rs 11,898 crore from Rs 11,553 crore in the year ago period

Mahindra & Mahindra records 100,000 bookings for Scorpio-N within 30 mins

The company said that the bookings translated into an ex-showroom value of $2.3 billion

Sundram Fasteners' net profit rises 14.5% to Rs 138.03 cr during June qtr

The company's revenue from operations for the quarter ended June 30, 2022 came in at Rs 1,410.12 crore

Ola and Uber in merger talks; Bhavish meets Uber execs in US: Report

'Absolute rubbish. We're very profitable and growing well. If some other companies want to exit their business from India they are welcome to! We will never merge,' tweets Ola CEO

Zee-Sony merger gets BSE, NSE nod after agreement signed last December

Merged entity to retain Zee's stock market listing, though Sony would provide large cash injection and hold 51% stake

Ashok Leyland Q1 profit at Rs 68 cr Q1 on strong volumes vs year-ago loss

The company is planning to invest Rs 750 crore in each of the next two years and is in the final round of talks to raise funds for its EV arm Switch Mobility

Swiggy announces permanent work-from-anywhere policy for most roles

Corporate, central business and tech teams will converge once a quarter at their base locations for a week to promote in-person bonding; it's work from office for partner-facing employees

Rural fintech firm Jai Kisan raises $50mn as debt, equity in funding round

Startup says it will use the financing to expand product suite and improve customer experience

Bandhan Bank opens its first currency chest in Patna's Deedargunj

The bank plans to open more than 530 new bank branches across the country in this financial year

Markets regulator relaxes new exchange-traded funds' framework

Clause 2(IV)(A) under the new framework mandates all purchase and redemption orders directly placed with the fund house have to be greater than Rs 25 crore

Religare Finvest fund reroute: Sebi slaps Rs 60-cr fine on Singh brothers

The case relates to alleged siphoning of Rs 2,315 crore from RFL to benefit promoters and connected entities

PNB HFC Q1 net down 3% YoY, corporate loan pre-payments hit income

Disbursements during reporting quarter almost doubled to Rs 3,451 crore compared to Rs 1,759 crore in Q1FY22

Child, maternity products marketplace Nestery raises Rs 6 cr in funding

Start-up will use the funds to expand team, improve technology and generate original content

Colgate-Palmolive India's net profit declines 7.2% in April-June quarter

The company's PBIDT stood at Rs 327.9 crore in the quarter ended June, down 9 per cent compared to last year

Markets advance ahead of US Fed decision; Sensex rises 548 points

However, gains were capped as investors remained in wait and watch mode