Page 283 - Bs Reporter

As Covid made employee verification tough, 32% firms turned to tech: EY

Survey makes a case for tech-driven tailored approach, rather than one-size-fits-all process.

Kazam raises Rs 7 cr in seed round led by Inflection Point Ventures

In a short span of 5 months, Kazam has built the hardware & software tech for affordable and smart EV charging infrastructure

Sebi exempts open offer for Heineken's purchase of 15% stake in UB

Regulator allows special exemption as the shares are being acquired as part of an order of Debt Recovery Tribunal to recover dues from Vijay Mallya and his group companies

Smart city player Quantela raises $40 mn growth capital from Digital Alpha

Bags the first outcome based project from Kerala government in India

NCLT to pass order on Kalrock-Jalan's plan for Jet Airways revival today

The airline suspended operations in April 2019 and is under insolvency for nearly two years

SBI Cards' shares fall by 6.7% as PE giant Carlyle sells 5.1% stake

Carlyle sold 48 million shares at Rs 1,002 apiece to raise Rs 4,810 crore.

Sensex posts first weekly decline in four weeks as investors turn cautious

The index fell 0.25 per cent during the week, its first weekly fall since May 14.

Ghaziabad Police summons Twitter India MD Manish Maheshwari over video

Twitter was named because it did not prevent a video from going viral on the platform, mews agencies reported

Paytm First Games secures $30-mn loan from One97 Communications, others

The loan will be given in two tranches, payable within five years, and will also have the option to be converted into equity shares

Flipkart, Amazon appeals in antitrust probe to be heard by HC on Monday

The e-commerce majors had filed separate appeals before the division Bench of the High Court, challenging a single-judge Bench order allowing the CCI to restart its probe against them.

AEL, APSEZ stocks see recovery after 4 days of fall

While Adani Enterprises shares went up by 8.76% to close at Rs 1487.85 a share, APSEZ stock was up by 7.39% to close at Rs 694.60

PhonePe launches auto top-up feature for its wallet

This feature will allow customers of PhonePe to set up a UPI e-mandate once, post which the company will automatically top up their wallet balance when it falls below the minimum below.

Dodla Dairy IPO subscribed 3.3 times on Day-2; KIMS offer mops up 56%

Both IPOs close on Friday (tomorrow)

Adani stock rout extends; Rs 1.59 trn market-cap wipe out this week

Adani Power, Adani Total Gas and Adani Transmission hit their 5% lower trading limit for a fourth straight day

PE major Carlyle to sell 5.1% stake in SBI Cards on Friday

A total of 48 million shares of the credit card company will be on offer in the range between Rs 1,002 to Rs 1,041.3 per share

Shraddha Kapoor named MyGlamm brand ambassador, also invests in the firm

Quantum of investment not revealed; Founded in 2017, MyGlamm offers a range of over 600 cruelty-free products across makeup, skincare and personal care

Adani stocks tumble further, three of six hit lower circuit

The six group stocks are down 4.5-16% this week following reports that the accounts of top FPIs have been frozen

NV Capital launches first credit-fund for media, with a Rs 500 cr corpus

Founded by industry professionals and ex-bankers Nitin Menon and Vivek Menon, NV Capital recently received Sebi's nod as a Category-II AIF

Shyam Metalics' IPO fully subscribed 3.65 times, Sona BLW 27% on Day 2

Shyam Metallics has been priced between Rs 303 to 306 per share while Sona BLW has priced its IPO between Rs. 285 - Rs. 291 per share.

Man claiming to be Oracle's senior exec, his wife booked in cheating case

Senior executive Pradeep Agarwal and his wife were booked by Hyderabad Police for cheating customers by collecting huge advance amounts for the projects using the goodwill of the Oracle company.