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EV financing platform Ohm raises Rs 3 cr in funding led by Antler India

Company will use the money on technology platform connecting EV players and financial institutions

Adani Green Energy net profit surges 142% to Rs 1,365 crore in Q4

AGEL said it has signed PPAs for 450 MW wind projects and 650 MW solar projects with SECI in FY23 further strengthening the firm project pipeline

Privately placed bond mop-up at record Rs 8.3 trillion in FY23

Financial institutions, including banks, accounted for the highest mobilisation at Rs 4.2 trillion, up 12 per cent over FY22

Pernod Ricard India appoints Jean Touboul as MD with effect from May 1

Touboul leads the India operations of Pernod Ricard after serving as the managing director of Pernod Ricard South-East Asia entity, based in Singapore

Act swiftly against hate speech or face contempt, SC tells states

According to data collated by the National Crime Records Bureau, cases saw almost a sixfold increase between 2014 and 2020

BS Seema Nazareth Award: Be a constructive critic, says Justice Nagarathna

The Business Standard-Seema Nazareth Award for Excellence in Journalism 2022 was presented to Correspondent, Dhruvaksh Saha

Avoid programmes for MF distributors based on SIP targets: Amfi tells MFs

According to a Moneycontrol report, some AMCs had planned to hold training camps in locations like Andaman and Nicobar Islands for outperforming MF distributors

Kerala-based CSB Bank posts 20% rise in Q4 net profit to Rs 156 crore

During the quarter under review, the bank's total income increased 31 per cent to Rs 763 crore from Rs 583 crore in the fourth quarter of 2021-22

ACC on Hindenburg: Independent review found it in compliance with all laws

Says since matter is sub-judice, financial statements do not carry any adjustments

Sebi bars Karvy Investor Services from onboarding new clients

In an ex-parte order, the Securities and Exchange Board of India (Sebi) noted that KISL did not have the necessary infrastructure like adequate office space, equipment and manpower to work as merchant

State Bank of India prices $750-mn bond at 4.87%, tightens pricing

Tightens pricing by 40 bps on oversubscription

ACC Q4 results: Profit falls 40% due to high energy costs, revenue up 8.1%

The revenue was up 8.1 per cent to Rs 4,790 crore year-on year basis. Total costs was Rs 4,510 crore , up 13.9 per cent due to high energy costs

Market regulator Sebi bars five for front-running trades in LIC

In an interim order issued on Thursday, Sebi noted that Yogesh Garg, an employee in the investment department of LIC, and four others connected to him made unlawful gains of Rs 2.44 crore

Shriram Finance consolidated net rises 18% to Rs 1,288 crore in Q4

The non-banking finance company's total assets under management stood at Rs 1.86 trillion by the end of March 31

IT firm Coforge FY23 revenue up 24.6% at Rs 8,014.6 cr, profit grows 4.6%

Noida-based company's board recommended an interim dividend of Rs 19 per share

Adtech company Infomo appoints Himanka Das as country director India

Company that works with telecom firms promotes Rohit Verma as global chief of strategy and new initiatives

Union Bank of India board approves raising Rs 10,100 crore capital

Most banks have been taking board approvals in the new financial year for capital raising to support their growth plans

HCLTech wins digital transformation deal from Heubach Group

HCLTech will deliver an IT system for Heubach Group across 11 countries to include deployment of hybrid cloud, cybersecurity solutions, and end-user services and secure networks

Mankind Pharma's initial public offering subscribed 87% on day 2 of issue

Mankind Pharma on Monday allotted shares worth Rs 1,298 crore to 77 anchor investors including 16 domestic mutual funds that participated through 41 schemes

Mattresses supplied to school hostels not exempt from GST: Tamil Nadu AAR

Hosur Coir Foams' supplies will draw 18 per cent integrated GST, rules authority