Page 279 - Bs Reporter

Centre divests 8% in Hudco, Glenmark Life subscribed 4x on penultimate day

Rolex Rings subscribed 3.5 times on Day-1, Tatva Chintan to list on Thursday

WFH garments drove fashion sales grew 210% in H1 2021, says Snapdeal

Other reasons for the spike were the desire to buy new clothes to meet friends and family after a long gap and for travel needs

Embassy Office Parks REIT hopes demand will bounce back in early FY22

Request for proposals for nine million square feet of office space are active in the market, said Vikaash Khdloya, deputy CEO at the REIT

Century Textiles and Industries stock rises 16.6% after Q1 earnings

The firm posted a profit of Rs 25 crore in Q1 FY22 as against a loss of Rs 36 crore in Q1FY21

Paytm's DRHP: User numbers to GMV growth, here're 10 things you can't miss

Paytm continues to have market leadership by transaction volume

Top headlines: Pfizer raises sales forecast; Maruti misses estimates in Q1

Business Standard brings you the top headlines on Wednesday

Kalaari Capital firm CXXO announces $10 mn seed fund for women founders

Between January 2018 and June 2020, startups led by women founder-CEOs received only 1.43 per cent of the total capital raised in India

India's first venture fund by startup founders launched with $85 mn corpus

The men behind the fund are Girish Mathrubootham of Freshworks, Manav Garg of Eka Software, Shubham Gupta (ex-Matrix) and Avinash Raghava (ex-Accel)

Skymet raises Rs 12cr in debt funding from Northern Arc, Caspian Impact

According to Allied Market Research, need for more accurate prediction has unleashed a wider domain for the global weather forecasting market to grow from $1.2 bn in 2016 to $2.7 bn by 2023

IDBI Bank's net profit soars 318% YoY to Rs 603 cr in June quarter

Net interest income of the lender jumped 41% YoY to Rs 2,506 crore but sequentially it was down 23%

WhatsApp to allow users to prioritise their most important chats

Starting Tuesday, WhatsApp is rolling out new settings for archived chats which will give users more control over their inbox and more ways to organise the Archived Chats folder

Karnataka Bank Q1 net down 46% to Rs 106 cr as treasury income dips

Mulls QIP for equity capital raise

WhatsApp to let users prioritise important chats, archive other messages

Archived chats will stay tucked away permanently, unless users choose to manually un-archive the conversation

GVK promoter buys Jubilee Hills house for Rs 23.15 crore

This, local brokers said, was a fair market price

ShareChat, Moj valued at $2.88 billion in $145-million fundraise

Investment was led by Singapore state investor Temasek, Moore Strategic Ventures and Mirae-Naver Asia Growth Fund

Grofers enables 15-minute delivery for 7k households in Gurugram in one day

Grofers recently turned unicorn after it received $120 million funding from Zomato and others

Media processing company Gumlet raises $1.6 mn led by Sequoia's Surge

Gumlet helps developers resize and optimise their images and videos in accordance with the end user's device or browser

Axio raises $6 mn in Series B2 equity round led by TrueScale Capital

Axio Biosolutions Private Limited, India (Axio), a wholly-owned subsidiary of Boston-based Advamedica Inc is a developer of hemostatic and advanced wound care products

Trifecta Capital announces first close of late-stage venture capital fund

Existing investors of Trifecta Capital's venture debt funds have also made significant investments in this fund

KPIT Technologies Q1 net up 2.5 times YoY to Rs 60 cr, revenue up 15%

Firm silent on attrition rate during the quarter, though it does see it rising before stabilising