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Innoviti raises Rs 80 cr in first close of its Series D fund round

Innoviti is looking at raising Rs 400 crore in primary funding in Series D to fuel its growth with a plan for a listing in the next two to three years.

Alternative credit platform BlackSoil raises Rs 70 cr through NCDs for NBFC

BlackSoil Capital is an RBI-registered, non-deposit taking NBFC that predominantly operates in the venture debt space

Tega Industries IPO subscribed 4.7 times on Day-1 on retail interest

Price band Rs 443-453 per share. At the top-end, company is valued at about 22x it FY21 earnings and will have a market cap of Rs 3,000 cr

Bewakoof expands its fashion category with launch of streetwear collection

The expansion of categories is part of the company's goal to reach Rs 2,000 crore in revenue by 2025

CollegeDekho closes $35mn Series B round led by Winter Capital, ETS

Firm will boost investment in products and tech while growing new verticals like Ed-Fin-Tech, student accommodation and coaching for higher education

Mahindra PV sales up 8% amid chip crunch, tractors drop 17% in November

Firm says demand remains strong across product portfolio; momentum in exports continues with 90% growth

Dentist, CAs among five independent directors appointed by Bharat Petroleum

They have been inducted on to the company's board effective November 12, will hold office for three years

Hyundai India's November sales dip 24.2% YoY on semiconductor shortage

The company's exports during the month also dropped 4.7 per cent year-on-year to 9909 units, it said.

HDFC, Bajaj Finance hike rates on long term deposits ahead of RBI meet

India's largest mortgage lender, HDFC Ltd, hiked its long-term rates by upto 15 basis points (bps)

Samsung, Acer bid for UP govt's tablet and smartphone scheme

The government has estimated to incur Rs 2,500 cr and Rs 2,200 on tablets and smartphones

Hiring demand up 9% YoY in Oct, dips sequentially: Monster Employment Index

Hiring in hospitality and travel roles saw the highest month-on-month growth, indicating overall promising recovery for the sector

Top MF execs to speak at Business Standard BFSI Insight Summit on Tuesday

The keynote speaker for the evening will be Usha Thorat, chairperson of the Mutual Fund Advisory Committee and former RBI deputy governor

Paytm can grow its value going forward, says Softbank's Masayoshi Son

While Paytm is seeking a valuation of around $20 bn, it is much lower than the rumoured expectation of $25-30 bn

RIL exits US shale gas business by divesting Eagleford Upstream asset stake

Reliance Eagleford Upstream Holding announced the signing of agreements with Ensign Operating III, LLC, a Delaware limited liability company to divest its interest in certain upstream assets

H2O.ai closes $100 million in funding led by Commonwealth Bank of Australia

The rapid adoption of the H2O AI Cloud has accelerated the company's growth

Chip crisis, second Covid-19 wave drag Pricol Q2 net down 64% to Rs 13 cr

The company's total income stood at Rs 390 crore during the quarter, up a marginal 1%

EID Parry net profit down 17% to Rs 470 crore in Q2 on dip in exports

Consolidated sugar operations, including refinery business, reported a loss before interest and tax of Rs 28 crore during the quarter

TVS Motor chairman Venu Srinivasan receives Padma Bhushan from President

Srinivasan is credited for the transformation of TVS from a 50cc moped maker in the 1980s to the third largest two-wheeler manufacturer in India