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Veranda Learning Solutions' Rs 200-cr IPO to open on March 29

The company has set the price band for its IPO between Rs 130-137 per share.

Sebi levies Rs 5 lakh penalty on Axis Bank

During this period, Axis Bank acted as a merchant bank for 22 debt issues launched by various companies.

Ruchi Soya FPO subscribed 12% on Day 1

On Wednesday, Ruchi Soya allotted shares worth Rs 1,290 crore to anchor investors at Rs 650 apiece

RBI's innovation hub is an investment for the future: Shaktikanta Das

RBIH has been set up as a Section 8 company under the Companies Act, 2013, and has an independent board, with Senapathy Gopalakrishnan as the chairman

Indians surpass US job seekers for Canadian job postings: Indeed

STEM-related postings get higher shares of interest from outside of Canada than other fields, led by software development, which this February received 22% of clicks from outside Canada

MedisimVR raises Rs 3.5cr in pre-series A round led by IP Ventures

The funds raised by MedisimVR will be used by the company for scaling up its product offering and adding more skill training content to their library

A cross-industry collaboration takes shape to combat misinformation

Misinformation Combat Alliance to work on targeted intervention, media literacy

BS Awards for Corporate Excellence: Power-packed jury to pick winners today

The jury will select the best in corporate India from a list based on financial data as well as qualitative aspects

CPPIB to sell 2% stake in Kotak Mahindra Bank, puts 40 mn shares on block

Price band of Rs 1,681.26-1,769.75 per share; CPPIB can fetch between Rs 4,707.5 crore and Rs 4,955.3 crore from the share sale.

Bank investments in AIFs to get same treatment as VCFs, says RBI

The regulator said it had received queries from banks on applicability of the prudential treatment for investment in VCFs to investment in AIFs

SBI group gets RBI nod to increase stake in ICICI Bank to 9.99%

SBI MF owns 5.7% in ICICI Bank; approval valid for one year

Ruchi Soya allots shares worth Rs 1,290 cr to anchor investors ahead of FPO

Ruchi Soya has priced its FPO in the range of Rs 615-Rs 650 per share.

Co-working space player iSprout raises $4mn in pre-series A funding

Large part has been invested by a top infra firm's director; after the round over 75% ownership in iSprout will be with the four co-founders and this investor

TCS Rs 18,000 cr buyback subscribed 7.5x, with 300 mn shares tendered

Acceptance ratio is lower than previous buybacks done by the firm

Ruchi Soya Industries' FPO sees strong demand from anchor investors

Ruchi Soya has priced its FPO in the range between Rs 615-Rs 650 per share. The issue price is 28-32 per cent lower than Tuesday's closing price of Rs 913 per share.

OfBusiness financial arm Oxyzo raises $200 mn in Series A funding round

The funds will be used to expand Oxyzo's broader digital financial services play organically and inorganically across a strong own balance sheet play

Infosys to acquire German digital marketing firm Oddity for Euro 50 mn

With more than 300 digital experts, Oddity is one of the largest independent digital agencies from Germany. For CY21 the company had revenue of Euro 21.6 mn

Income tax department searches 24 premises of Hiranandani group

Last week, several premises linked to Omaxe were searched by the department for allegedly indulging in "unaccounted" cash transactions with customers of around Rs 3,000 crore.

Indiabulls board approves fundraising plan of up to Rs 50,000 cr

Funds can be raised via NCDs on one or more tranches as private placement

Madhulika Bhaskar of GIC Re named acting chairman of New India Assurance

The position of CMD of New India has been lying vacant since former chairman Atul Sahai retired on February 28