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BS Reporter

Page 29 - Bs Reporter/undefined

ICICI Prudential AMC raises ₹3,021 cr from anchor investors ahead of IPO

The anchor book saw strong participation from sovereign wealth funds, global long-only investors, mutual funds, pension funds and insurance companies

ICICI Prudential AMC raises ₹3,021 cr from anchor investors ahead of IPO
Updated On : 11 Dec 2025 | 11:12 PM IST

PM Modi, Trump hold talks over phone, discuss ways to enhance trade

PM Modi and Trump held their first call since October, reviewing bilateral progress in trade, defence and technology, and reaffirming their commitment to a stronger strategic partnership

PM Modi, Trump hold talks over phone, discuss ways to enhance trade
Updated On : 11 Dec 2025 | 11:03 PM IST

Modi Naturals plans up to ₹100 crore FMCG acquisitions after NSE listing

Modi Naturals aims to acquire brands in ready-to-eat and healthy snacks as it grows its FMCG portfolio, saying its NSE listing will improve visibility, liquidity and investor reach

Modi Naturals plans up to ₹100 crore FMCG acquisitions after NSE listing
Updated On : 11 Dec 2025 | 8:39 PM IST

NHPC invests ₹98,107 cr to build 8,814 MW hydropower capacity by 2032

State-owned NHPC is undertaking a major expansion of its clean energy portfolio with investments of over Rs 98,000 crore in hydropower projects across the Northeast, Sikkim and Jammu & Kashmir

NHPC invests ₹98,107 cr to build 8,814 MW hydropower capacity by 2032
Updated On : 11 Dec 2025 | 7:18 PM IST

Microsoft partners with top IT firms to expand Copilot deployment in India

Microsoft has teamed up with TCS, Infosys, Wipro and Cognizant to deploy more than 200,000 Copilot licences, signalling a strong enterprise push towards agentic AI to boost productivity

Microsoft partners with top IT firms to expand Copilot deployment in India
Updated On : 11 Dec 2025 | 7:11 PM IST

What are the best term insurance premium rates for young professionals?

Check out the term insurance rates from various insurers for young male professionals living in a large city

What are the best term insurance premium rates for young professionals?
Updated On : 11 Dec 2025 | 6:00 PM IST

Italian deputy PM Tajani to meet Goyal; talks on India-Italy action plan

Italian Deputy Prime Minister and Foreign Minister Antonio Tajani will meet commerce minister Piyush Goyal in Mumbai to discuss the India-Italy Joint Strategic Action Plan 2025-29,

Italian deputy PM Tajani to meet Goyal; talks on India-Italy action plan
Updated On : 11 Dec 2025 | 12:09 AM IST

Trai recommends backhaul spectrum charge at 0.1% of AGR; costs may halve

Trai has recommended a flat backhaul spectrum charge of 0.1 per cent of adjusted gross revenue, replacing the current weighted-average method that has pushed annual levies

Trai recommends backhaul spectrum charge at 0.1% of AGR; costs may halve
Updated On : 11 Dec 2025 | 12:02 AM IST

Trai-RBI launch pilot to let users manage legacy promo consents; curb spam

Trai and RBI will begin a pilot with telcos and 11 banks to let select users digitally view, modify or revoke legacy consents for promotional communications via SMS sent from the short code 127000

Trai-RBI launch pilot to let users manage legacy promo consents; curb spam
Updated On : 10 Dec 2025 | 11:56 PM IST

Scindia, Starlink V-P Dreyer discuss ways to speed up digital inclusion

Starlink executive Lauren Dreyer met Jyotiraditya Scindia after a website glitch briefly displayed India pricing; talks focused on satcom-led last-mile connectivity as Starlink awaits approvals

Scindia, Starlink V-P Dreyer discuss ways to speed up digital inclusion
Updated On : 10 Dec 2025 | 11:54 PM IST

Sebi eases re-KYC norms for NRIs; relaxes geotagging mandate for compliance

Sebi eases re-KYC rules for NRIs as markets fall ahead of the Fed decision, investors pile into Swiggy's share sale, and IPO frenzy continues with strong subscriptions

Sebi eases re-KYC norms for NRIs; relaxes geotagging mandate for compliance
Updated On : 10 Dec 2025 | 11:23 PM IST

SIR opposed to keep illegal immigrants on poll rolls, says Amit Shah

Shah attributed the Opposition's protest against the SIR to the incompetence of its leadership to win elections, and not Electronic Voting Machines or 'vote chori (theft)'

SIR opposed to keep illegal immigrants on poll rolls, says Amit Shah
Updated On : 10 Dec 2025 | 11:22 PM IST

Saviynt raises $700 mn Series B at about $3 bn valuation; KKR leads round

Saviynt has raised $700 million in Series B funding at a $3 billion valuation, led by KKR, to speed up product development, AI capabilities and deeper integration with hyperscalers, software platforms

Saviynt raises $700 mn Series B at about $3 bn valuation; KKR leads round
Updated On : 10 Dec 2025 | 10:33 PM IST

JSW Paints completes majority buy in Akzo Nobel India; stake at 61.2%

JSW Paints has completed the acquisition of 60.76% in Akzo Nobel India from Akzo Nobel N.V. and affiliates, taking its holding to 61.2% after buying an additional 0.44% via an open offer

JSW Paints completes majority buy in Akzo Nobel India; stake at 61.2%
Updated On : 10 Dec 2025 | 10:25 PM IST

TCS signs pact to buy Coastal Cloud for $700 million in all-cash deal

Tata Consultancy Services has signed an agreement to buy 100% of Coastal Cloud for $700 million in cash, adding 400+ Salesforce professionals and strengthening its advisory

TCS signs pact to buy Coastal Cloud for $700 million in all-cash deal
Updated On : 10 Dec 2025 | 10:18 PM IST

Virtusa buys SmartSoC to expand into semiconductor engineering services

Virtusa has acquired Bengaluru-based SmartSoC Solutions for an undisclosed sum to deepen chip design, verification and embedded engineering capabilities as it targets end-to-end services

Virtusa buys SmartSoC to expand into semiconductor engineering services
Updated On : 10 Dec 2025 | 5:30 PM IST

Centre has no list of future project cancellations: Pralhad Joshi

The Centre has not cancelled any renewable energy project awards and has prepared no list for future cancellations, MNRE minister Pralhad Joshi told Parliament in a written reply

Centre has no list of future project cancellations: Pralhad Joshi
Updated On : 10 Dec 2025 | 4:46 PM IST

SAT upholds Sebi's interpretation of RPT norms in Linde India case

The ruling reinforces Sebi's framework for evaluating large RPTs and is expected to have implications for how listed companies structure and disclose dealings involving related parties

SAT upholds Sebi's interpretation of RPT norms in Linde India case
Updated On : 09 Dec 2025 | 10:52 PM IST

Diversifying exports to mitigate tariff impact; policy push to sustain mfg

Ahead of PM Narendra Modi's Jordan-Ethiopia-Oman tour, the government highlighted efforts to diversify exports and sustain manufacturing momentum, citing export and IIP growth trends

Diversifying exports to mitigate tariff impact; policy push to sustain mfg
Updated On : 09 Dec 2025 | 10:50 PM IST

Brokerages expect 15% tariff hike by Indian telcos from December 2025

Last tariff hike took place in July 2024; telcos have raised tariffs thrice since December 2019

Brokerages expect 15% tariff hike by Indian telcos from December 2025
Updated On : 09 Dec 2025 | 10:01 PM IST