Page 290 - Bs Reporter

There will be no vaccination in Mumbai for three days, announces BMC

Vaccination has been suspended because of non-availability of vaccine stock

Cognizant, IBM reach out to employees in the fight against Covid-19

Oxygen supply, vaccination and medical attention from doctors form the core of these initiatives

RBI to buy and sell Rs 10,000 cr market bonds simultaneously under OMO

This is the first such 'Operation Twist' this fiscal in which RBI will buy long-term bonds and sell-short term bonds maturing this year

FSDC sub-committee meets virtually to take stock of Covid-19 situation

Discussed scenario emerging from second wave and various inter-regulatory issues; reviewed activities of various technical groups under its purview

Sebi gives India Inc more time to report earnings amid second Covid-19 wave

Deadline for March quarter and annual results ends on May 15 and May 30 respectively. The market regulator has extended both to June 30

Tata to finally enter online grocery with CCI nod to BigBasket stake deal

With this, Tata Digital will buy 64.3% stake in Supermarket Grocery Supplies and also be sole control over Innovative Retail Concepts, which runs BigBasket's online retail biz

Tata gets Competition Commission approval to acquire 64.3% in BigBasket

Tata Digital can acquire up to 64.3 % of the total share capital of Supermarket Grocery Supplies Private, which owns the online grocer.

ICICI Bank launches digital service for retail merchants, offers credit

Lender says it aims to provide services in 'one single place' to more than 20 million retail merchants.

Bombay HC stays investigation under FIR against Indiabulls Housing

Says charges malafide, casts doubts on bonafide of complainant

KPIT Q4 net profit rises 23.6% YoY to Rs 47 cr, revenue dips 3.8%

The firm reported operating margin expansion by 150 bps due to improvement in utilization and offshore revenues

Those above 18years to get Covid-19 vaccines in Mumbai private hospitals

People above 45 years would continue to receive vaccines at 63 government and municipal centres

Qube Health raises undisclosed sum in Inflection Point-led pre-series A

Other investors in this round are Mohit Burman (Dabur Group), Keiretsu Forum (NCR, Bengaluru & Chennai Chapters) and a group of other marquee Indian and International HNIs

Banks must halve their dividends to conserve capital in view of Covid: RBI

Banks could pay maximum 50% of dividend from their profits in 2020-21; no such restriction on cooperative banks

Parle Products to leverage on IBM hybrid cloud and AI to drive growth

With this, Parle hopes to find new ways to get its products to the consumer as the pandemic disrupts supply chain and mandates WFH for some employees

ORAI raises Rs 3.6 cr in pre-Series A round from Inflection Point Ventures

The funds raised would be used for international expansion and collaborations, sales and marketing along with product development and enhancement

Apple spreads spring colours with a range of new product launches

In its first announcement of 2021, Apple unveiled products like iPad Pro Tablets, iMac, Apple TV 4K, and iPhone 12 in Purple. It is not clear whether this variant will be available in India

Paytm Payments Bank becomes the largest beneficiary on UPI platform

With 469.84 mn transactions in March it is ahead of the country's largest lender SBI and private lenders such as Yes Bank, ICICI Bank, Axis Bank and HDFC Bank

Qapita raises $5 mn in Pre Series A round led by MassMutual Ventures

Qapita helps private firms and startups record and manage capitalisation tables (cap tables) and ESOPs. It also aims to digitise issuance of equity awards and shares

Tata Digital infuses Rs 100 cr debt in online medicine startup 1mg: Report

The move ahead of the Gurugram-based firm's acquisition by the Tata Sons arm