Page 288 - Bs Reporter

Insurers must boost digital play on Covid-driven interest in sector: study

Over 60% insurance execs say Covid-19 affected their firm's customer acquisition efforts, 40% cited impact on customer retention

Colgate-Palmolive India Q4 net profit jumps 54% to Rs 314.6 crore

Shares of Colgate-Palmolive India closed trade at Rs 1,596 apiece on the BSE on Monday, up 1.84 per cent over the previous day's close

KKR invests $95 mn in Lenskart, says will help eyewear firm's growth

TPG Growth and TR Capital will each divest a portion of their holding in Lenskart.

HCL Technologies hires 1,000 technology professionals in the United Kingdom

The company also said in a statement that its CEO C Vijayakumar met UK Prime Minister Boris Johnson virtually in light of the current Covid-19 crisis.

SBI's main branch in Delhi opens over 13,000 FCRA accounts in eight months

Branch was designated to open FCRA a/cs by MHA last October, has done so for 78 per cent of applicants

HCL says it's expanding Covid help to states with hospital beds, equipment

Company will help set up a hundred-bed treatment facility in government hospital in Greater Noida.

No denial of Covid-related services if person does not have Aadhaar: UIDAI

The agency said that in case of any such denial of service or benefit, the matter should be brought to the knowledge of the higher authorities of concerned departments.

Zensar Technologies signs agreement to acquire US-based M3bi

This acquisition will be completely funded by internal accruals. Financial details of the deal were not disclosed

Bata India appoints ex-Britannia exec Gunjan Shah as country CEO

Shah takes over next month; Sandeep Kataria, Bata India's current CEO, has been elevated to the position of global CEO

Indian PC market continues to surge, driven by demand for notebooks

Apple posted its biggest quarter for PC shipments in India and share the fifth spot with AsUS

TVS Motor announces two key leadership changes at Norton Motorcycle

Robert Hentschel named CEO of the Solihull-based motorcycle brand; Vittorio Urciuoli takes over as CTO

UST partners with BlueYonder to improve digital services for retailers

Blue Yonder experts will join UST to introduce add-on capabilities for customers, companies say.

War on Covid: Nasscom seeks easing of FCRA for smoother foreign aid flow

Also wants govt to allow all WHO-approved vaccines into the country

Paytm provides technological support to Japan's payment app PayPay

SoftBank is aiming to take PayPay public; Paytm may also get some stake in the app

Myelin Foundry raises pre-series A funding of $1 million from Japanese VC

The new round will be used to consolidate Myelin's products in the India video streaming market, and to expand into international markets

Sebi mulling new framework to prevent misuse of client collateral

The rules are aimed at identifying each client's collateral and ensuring it is utilised towards the margins of that client only

BSE market capitalisation surges to record Rs 211 trillion, shows data

The BSE Sensex climbed 256.71 points, or 0.52 per cent, to finish at 49,206.47

Carlyle sells 4.2% in SBI Life at Rs 960 per share in pre-market deal

CA Emerald Investments, an affiliate of Carlyle Asia Partners, sold a total of 4.23 million shares for Rs 4,061 crore

RBI to conduct first SLTRO of Rs 10k cr for small finance banks on May 17

The SLTRO will be valid for three years. All SFBs will be eligible to participate in the scheme, which was announced by RBI Governor Shaktikanta Das on May 5 to mitigate Covid-related dislocations

Hero MotoCorp Q4 net up 38% to Rs 865 cr on entry-level bike demand

Company extends factory closure to May 10; expects normalcy to return by second quarter