Page 284 - Bs Reporter

HCL Technologies hires Accenture exec Siki Giunta to head cloud business

Industry veteran will lead #HCLCloudSmart, the company's service for business solutions.

Navi General gives customers option to buy health insurance through EMIs

Customers can purchase health insurance at monthly installments of as low as Rs 240 per month.

Jumbotail raises Rs 35 cr from Alteria Capital in venture debt round

This venture debt round comes after a $25 million equity round concluded in January 2021

SimpliContract raises $1.8mn in seed-funding round led by Kalaari Capital

SimpliContract democratises contract authoring and establishes powerful post-signature contract management practices by leveraging AI and NLP

Coal India hits 52-week high, regains Rs 1 trillion market capitalisation

The stock of the state-owned company surpassed its previous high of Rs 162.95, touched on February 26, 2021.

SBI to offer Kavach personal loans at 8.5% for Covid-stressed customers

It is a collateral-free offering under which a maximum of Rs 5 lakh can be extended for 5 years

IT major Wipro appoints noted BFSI executive Anup Purohit as CIO

Purohit brings with him 21 years' experience in digital banking and other areas; was earlier with YES Bank, RBL, Barclays and JPMC in leadership roles

Virgin Atlantic leans on TCS to power growth, transformation-led growth

TCS to onboard 70 employees of Virgin Atlantic into the company

Reports suggest CoWin website hacked; health ministry, researchers deny

The Health Ministry and security researchers, however, denied the breach, as news of the hack spread on the internet, sparking panic

YES Bank board approves fundraising up to Rs 10K crore via debt securities

At the end of March quarter, the lender had a capital adequacy ratio of 17.5 per cent compared to 19.6 per cent as of December 31

India, South Africa IP waiver proposal got tremendous mileage at WTO

India and South Africa had submitted a joint proposal for waiving some sections of the TRIPS agreement

Jaypee Infra: Lenders to vote on Suraksha, NBCC offers from June 14

In the CoC meeting, resolution professional asked NBCC to first get permission from Yamuna Express Industrial Development Authority (YEIDA) for its offer to transfer part of land bank to the lender.

Third round of discovered small field auctions begins

Production from DSF-1 Elao field in Cambay basin expected to being in a weeks

Persistent Systems appoints Suresh Prabhu as chief delivery officer

He joins Persistent from Epicor Software, where he was responsible for the development and delivery of on-premise and software-as-a-service solutions

Over Rs 3.5-trn assets to get monetised via InvITs, REITs in one year: Icra

Till date, assets worth Rs 2.1 trn have been floated through these platforms - 64 per cent through InvITs and 36 per cent through REITs

Production from blocks awarded in first round auctions expected in a week

Third round of discovered small field auctions begins

74% of Indian workers back more flexible work options: MS Work Trend Index

Nearly 73% of business decision makers are considering redesigning physical spaces to better accommodate hybrid work environments

Non-life insurers' premium income rise 11.35% YoY in May to Rs 12,316 cr

Month-on-month, premium income declines 28.84% from April levels

Lenders begin voting on Reliance Home Fin bids, to choose winner on June 15

Debt of Rs 11,200 crore of Reliance Capital group will get resolved once the winning bid is frozen

Bajaj Allianz declares Rs 1,156 cr bonus for participating policyholders

This includes one-time bonus of Rs 315 cr, over and above regular bonus; company says it is the 20th consecutive year that it is declaring a bonus