Page 277 - Bs Reporter

Robotics firm Miko raises $28 mn from existing and new investors

The new funds will be used to fund product development and strengthen global alliances as the company builds a strong global brand.

IRCON's consolidated Q1 net profit up over 2.5 times to Rs 88.99 crore

Total income during the period under review was Rs 1,175.54 crore, up from Rs 549.29 crore in the same months of FY21.

NPCI appoints Noopur Chaturvedi as CEO of Bharat Bill Pay Ltd

Prior to joining NPCI, Chaturvedi was country head at PayU and chief-corporate business alliances at Airtel Payments Bank

SBI MF launches open-ended dynamic asset allocation fund

The fund would manoeuvre across equity for long-term wealth creation and fixed income to provide stability to the overall scheme portfolio.

Two Blackstone staffers win Rs 74 lakh in firm's charity contest

The award money will support Bal Gurukul, IDF's flagship project that provides supplementary after school education programmes to needy children

MSCI rejig could trigger $160 mn outflows from domestic markets: Edelweiss

While the global index provider hasn't added or deleted any Indian stocks, it has reduced weights of bluechip firms RIL, Infosys and HDFC

Crypto exchange WazirX sees huge rise in users from tier-2 & 3, women

Exchange has over 7.3 mn users, has clocked over $21.8 bn in trading volume in 2021 till date; Tier-2 and 2 cities have driven 55% of total user sign-ups in 2021

BlackSoil invests Rs 20 cr across 3 deals in Loanzen, SVCL and CMS IT Svcs

BlackSoil currently manages an alternative credit platform consisting of an RBI-registered NBFC and three SEBI-registered AIFs

CarTrade offering bought 20 times; late buying helps Nuvoco Vistas

The response to both issues was modest when compared to recent IPOs

Canada's Brookfield to buy 30-acre land in Navi Mumbai for Rs 600 crore

Real estate experts said the price paid by Brookfield is in line with the market

NTPC invites offers for raising up to Rs 5,000 crore as rupee term loan

NTPC said the loan will be utilised towards capital expenditure for ongoing/new capacity addition programmes

India will fast track trade deals with six nations: Commerce Secretary

The earliest one may be inked with the UAE

Logistics-tech start-up Pickrr raises $12 million in Series B round

The start-up will use the funding to drive product development and expand its network of fulfilment centres across the country

Edtech platform BlueLearn raises Rs 3.25 cr in pre-seed funding round

BlueLearn was founded earlier this year by Harish Uthayakumar and Shreyans Sancheti who are currently in their final year of electrical engineering at BITS Pilani

SAT stays Biocon insider trading order

Sebi had directed Allegro Capital and its owner Kunal Kashyap to disgorge Rs 25 lakh for allegedly dealing in shares of Biocon while in possession of price sensitive information.

CarTrade IPO fully subscribed; Nuvoco, Aptus Chemplast 16-30%

CarTrade Tech fully subscribed, Nuvoco Vistas Corporation subscribed 30 per cent, while Aptus Value Housing and Chemplast Sanmar subscribed 24 per cent and 16 per cent respectively

BSE proposes to launch trading in foreign stocks at GIFT City arm

Will provide access to 130 exchanges in 31 countries in America, Europe, Asia Pacific and Africa

Parliament briefs: PSBs extend 133,000 loans for Covid-19 treatment

58.2 million inoperative Jan Dhan accounts, frauds at urban coop banks decline

Credgenics raises $25mn in series-A funding, hits valuation of $ 100 mn

The financing round was led by Westbridge Capital and Tanglin Venture Partners

Mudrex raises $2.5 mn in seed round led by Nexus Venture Partners

Mudrex provides a platform for crypto investing by providing investment products modeled along the lines of 'mutual funds' and 'ETFs' for long-term wealth creation