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SBI Cards' shares fall by 6.7% as PE giant Carlyle sells 5.1% stake

Carlyle sold 48 million shares at Rs 1,002 apiece to raise Rs 4,810 crore.

Sensex posts first weekly decline in four weeks as investors turn cautious

The index fell 0.25 per cent during the week, its first weekly fall since May 14.

Ghaziabad Police summons Twitter India MD Manish Maheshwari over video

Twitter was named because it did not prevent a video from going viral on the platform, mews agencies reported

Flipkart, Amazon appeals in antitrust probe to be heard by HC on Monday

The e-commerce majors had filed separate appeals before the division Bench of the High Court, challenging a single-judge Bench order allowing the CCI to restart its probe against them.

PhonePe launches auto top-up feature for its wallet

This feature will allow customers of PhonePe to set up a UPI e-mandate once, post which the company will automatically top up their wallet balance when it falls below the minimum below.

Dodla Dairy IPO subscribed 3.3 times on Day-2; KIMS offer mops up 56%

Both IPOs close on Friday (tomorrow)

Adani stock rout extends; Rs 1.59 trn market-cap wipe out this week

Adani Power, Adani Total Gas and Adani Transmission hit their 5% lower trading limit for a fourth straight day

PE major Carlyle to sell 5.1% stake in SBI Cards on Friday

A total of 48 million shares of the credit card company will be on offer in the range between Rs 1,002 to Rs 1,041.3 per share

Shraddha Kapoor named MyGlamm brand ambassador, also invests in the firm

Quantum of investment not revealed; Founded in 2017, MyGlamm offers a range of over 600 cruelty-free products across makeup, skincare and personal care

Adani stocks tumble further, three of six hit lower circuit

The six group stocks are down 4.5-16% this week following reports that the accounts of top FPIs have been frozen

NV Capital launches first credit-fund for media, with a Rs 500 cr corpus

Founded by industry professionals and ex-bankers Nitin Menon and Vivek Menon, NV Capital recently received Sebi's nod as a Category-II AIF

Shyam Metalics' IPO fully subscribed 3.65 times, Sona BLW 27% on Day 2

Shyam Metallics has been priced between Rs 303 to 306 per share while Sona BLW has priced its IPO between Rs. 285 - Rs. 291 per share.

Man claiming to be Oracle's senior exec, his wife booked in cheating case

Senior executive Pradeep Agarwal and his wife were booked by Hyderabad Police for cheating customers by collecting huge advance amounts for the projects using the goodwill of the Oracle company.

Manipal Group chief, Rohan Ajila launch consumer-sector focused SPAC in US

GCAC raised this week $170 million in an initial public offering listed in NASDAQ.

Sterling and Wilson Solar names Amit Jain as global CEO effective May 31

He succeeds Bikesh Ogra, who relinquished the post on May 31, but who continues as a director on the company's board

HCL Technologies hires Accenture exec Siki Giunta to head cloud business

Industry veteran will lead #HCLCloudSmart, the company's service for business solutions.

Navi General gives customers option to buy health insurance through EMIs

Customers can purchase health insurance at monthly installments of as low as Rs 240 per month.

Jumbotail raises Rs 35 cr from Alteria Capital in venture debt round

This venture debt round comes after a $25 million equity round concluded in January 2021

SimpliContract raises $1.8mn in seed-funding round led by Kalaari Capital

SimpliContract democratises contract authoring and establishes powerful post-signature contract management practices by leveraging AI and NLP

Coal India hits 52-week high, regains Rs 1 trillion market capitalisation

The stock of the state-owned company surpassed its previous high of Rs 162.95, touched on February 26, 2021.