Page 275 - Bs Reporter

Domestic LPG cylinder price hiked by Rs 15, now costs Rs 899.50 in Delhi

Oil-marketing companies are moderating price of cooking gas in a bid to maintain affordability, harking back to the days when they were bearing subsidy burden of petro products

Good Glamm Group acquires D2C brand The Moms Co for around Rs 500 cr

The Moms Co to continue as an independent entity. Over past four years, the brand has catered to two million customers across 20,000 pin codes in India

Sebi asks MFs to direct more trades towards RFQ platform on exchanges

The higher limits will come into force with effect from December 1

Kotak Multicap NFO collects Rs 3,500 cr, highest-ever by fund house

25% of the collections came from Tier-II towns and more than 10% of the 150,000 applications received came via SIPs

Centre looks to fill SAT vacancies as tribunal runs with just two members

One position has been lying vacant since May 2019, the other, since April 2021, as per a circular floated by the government on October 2

Zee approaches NCLAT against NCLT order on Invesco's plea for EGM

Zee seeks more time to file reply on Invesco's arguments for convening an EGM

Qapita raises $15 mn in Series A round led by East Ventures, Vulcan Capital

Qapita had raised $7.25 million in earlier rounds of funding

Ozonetel raises $5 mn in Series A funding round led by Skateboat Capital

Ozonetel introduced contact/call centre as a service (CCaaS) in the India market in 2010

SRBC resigns as auditor of IL&FS Transportation Networks after NFRA report

The auditor said in a statement that its resignation was accepted by the board of ITNL

Live video startup 100ms raises $4.5mn in seed round led by Accel

100ms provides infrastructure that allows companies to add Zoom-style video conferencing inside their apps.

Chalo raises $40mn in funding round led by Lightrock India, Filter Capital

Public transport technology company says it will use money to expand its bus support services.

Axa Group sells 3.85% stake in ICICI Lombard General Insurance Company

Shares of ICICI Lombard fell 1.8% to end at Rs 1,548.

Airtel's right entitlement trading off to flying start, close 24% higher

The REs should rise further as they ended at the day's upper trading limit

US-based Dairy.com buys 100% stake in Mr Milkman in first India investment

Mr Milkman, a last-mile dairy supply chain SaaS platform, is already being used by over 60 Indian dairy brands

Sebi bars TV anchor, expert and four others for fraudulent trades

The regulator has also directed impounding of ill-gotten gains of Rs 8.4 crore

Esper raises $60 million in Series C funding led by Insight Partners

The investment brings Esper's total funding to $100 million and follows the company's $30 million Series B just four months ago in May 2021

Progcap raises $30 mn in Series C funding led by Tiger Global, Creation

Progcap has raised $55 million in total since the last three months and is positioned as the largest fintech in the corporate-led retailer financing space in India

Smartstaff raises $4.3 mn in seed funding from Blume Ventures and others

Smartstaff helps businesses hire and manage their blue collar workforce by digitising workforce management practices

Chinese markets set for worst showing versus EM peers since 2004

The MSCI China index has underperformed the MSCI EM (excluding China) index by 28 per cent so far this year

Practo eyes $12-billion secondary care surgeries market in India

Practo plans to facilitate Rs 1,000 crore healthcare financing, including tier-1 to tier-3 cities over the next three years