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TCS to take decade-long relationship with SBI Cards to a new level

The tech firm will expand the next leg of digital transformation at SBI Cards

School fees-focused fintech app Zenda raises $9.4 mn in seed round

Using Zenda, families can track dues and make payments through a multitude of pay-now and pay-later options, and unlock rewards for paying on time

Covid-19 infections rise to 60 at IIT Madras; authorities on high-alert

Tamil Nadu to hold mass vaccination drive across 100,000 centres on May 8, will target 4.3 mn people who are yet to take first dose, 13 mn who need the second

Marriott elevates Ranju Alex to VP-South Asia in place of Neeraj Govil

With this, Alex becomes the first Indian woman to head a region at the hospitality firm; Govil moves to Singapore

Zomato offset about 500,000 metric tonnes of carbon emissions last year

Foodtech major introduces 100 per cent plastic neutral deliveries

Adani Ports buys Ocean Sparkle for Rs 1700 cr through Adani Harbour Svces

Ocean Sparkle is a leading player in towage, pilotage, and dredging with an asset base of 94 own vessels and 13 third-party-owned vessels

18 more at IIT-Madras test Covid positive, 30 cases in two days

Meanwhile, the state government has asked all its hospitals to be on standby as 39 people tested positive in the past 24 hours taking the total active cases to 256.

Ekki pumps names Warwick varsity's Sujit Banerji as chief advisor

Prior to his role as Emeritus Professor at the University of Warwick, he spent more than 30 years with IBM

Tamil Nadu makes masks mandatory again, Rs 500 penalty for non-compliance

39 test positive during past 24 hours, total active cases at 256, with 30 at IIT Madras campus

Angel One soars 18%; ICICI Securities drops 5%

Angel One saw its stock end the day at Rs 1,918.7, valuing the company at Rs 15,910 crore.

Sebi issues demand notice against Ex-NSE CEO Ravi Narain

On February 11, the market regulator had imposed a penalty of Rs 2 crore on Narain for lapses in governance practices at NSE.

ICICI Lombard net profit falls 9.5% in Q4, blames Covid and accounting rule

The company has proposed a dividend of Rs 5 per equity share for the financial year ended March 31, 2022

RBI says non-banks need approval to issue credit cards, lists more rules

Minimum net-owned fund mandated at Rs 100 crore; cards cannot be unilaterally upgraded.

Adani Group, ITC and Microsoft among companies to invest in Bengal

Addressing the valedictory session of the Bengal Global Business Summit, Banerjee said 137 Memoranda of Understanding (MoUs) and letters of intent (LoI) were signed for the investments

TVS Motor announces £100 mn investment in UK's Norton Motorcycle

Company makes a commitment for additional funding on the sidelines of Boris Johnson's India visit

Mylo raises $17mn in series led by ITC, W Health Venture, Endiya Partners

ITC picks 10 per cent stake in company to expand its presence in the mother-and baby care segment

Fortis case: Sebi slaps Rs 24 crore penalty on Singh brothers, 7 others

The case pertains to misappropriation of funds by the erstwhile promoters and their related entities from Fortis Healthcare

L&T Infotech Q4FY22 net rises 17% YoY to Rs 638 cr, up 4% sequentially

Buoyed by broadbased growth across verticals and geographies, firm posts strongest revenue addition for the fiscal, up nearly 32% YoY; attrition at 24% rises marginally QoQ

Ineos Styrolution stock hits 20% lower circuit following OFS launch

The OFS announcement caught the market by surprise as the promoter holding in the company is at 75 per cent and no further divestment is required

Indian SaaS sector to clock $100 bn revenue by 2026: Chiratae-Zinnov study

The country is gearing to supersede China as the second largest SaaS nation in the next few years, the report says