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Four reasons why global brokerage Bernstein is bullish on IPO-bound Oyo

In the note Bernstein highlights structural drivers for the company

Tata Motors: In advanced stages to raise $1 billion for EV biz - Report

Tata Motors fund raising has attracted multiple private equity funds from the US, Middle East and Southeast Asia for for EV business.

Robotics startup Ishitva raises $1mn in pre-series A funding led by IPV

Ishitva offers a range of solutions including SUKA (AI powered air sorting), YUTA (AI powered robotic sorting) and Netra AI vision system, which helps in identifying waste and smart bins

Tata Motors surges 12% on brokerage upgrade, strong business outlook

Morgan Stanley said it believes Tata Motors will see the highest operating and financial leverage gains

Mukesh Ambani tops Forbes India rich list with $92 billion net worth

Chairman of Reliance Industries, topped the rich list for the 14th year in a row

IIFL Finance bonds issue to close early on October 8 due to strong demand

IIFL Finance will use the capital for business growth and capital augmentation

55% of India's employed professional report feeling stressed: LinkedIn

This was despite drastic work transformations. keeping up with these changes the past 18 months has adversely affected the mental health of the country's working professionals

Twin Health raises $140 mn in Series C round from Sequoia Capital, others

Funding will help the firm scale presence in India and US; firm uses IoT, AI and ML to solve chronic metabolic diseases, including type-2 diabetes

Indian e-commerce sales could grow by up to 60%, hit $84 bn in CY21: study

EasyEcom report predicts 32-68% spike in festive season demand; electronics the top category in this space, with 34% share of GMV in CY2020, likely to hold fort going forward

27% of unvaccinated Indians not keen on taking the jab: Survey

They are not convinced about whether the currently available vaccines provide enough protection from current and future variants

Domestic LPG cylinder price hiked by Rs 15, now costs Rs 899.50 in Delhi

Oil-marketing companies are moderating price of cooking gas in a bid to maintain affordability, harking back to the days when they were bearing subsidy burden of petro products

Good Glamm Group acquires D2C brand The Moms Co for around Rs 500 cr

The Moms Co to continue as an independent entity. Over past four years, the brand has catered to two million customers across 20,000 pin codes in India

Zostel seeking an injunction to restrain OYO, hearing tomorrow

In 2015, Oyo Hotels & Homes signed for Oyo's acquisition of Zostel. The deal fell through, but Zostel is arguing that it still deserves about 7 per cent in Oyo parent

Sebi asks MFs to direct more trades towards RFQ platform on exchanges

The higher limits will come into force with effect from December 1

Kotak Multicap NFO collects Rs 3,500 cr, highest-ever by fund house

25% of the collections came from Tier-II towns and more than 10% of the 150,000 applications received came via SIPs

Centre looks to fill SAT vacancies as tribunal runs with just two members

One position has been lying vacant since May 2019, the other, since April 2021, as per a circular floated by the government on October 2

Zee approaches NCLAT against NCLT order on Invesco's plea for EGM

Zee seeks more time to file reply on Invesco's arguments for convening an EGM

Qapita raises $15 mn in Series A round led by East Ventures, Vulcan Capital

Qapita had raised $7.25 million in earlier rounds of funding

Ozonetel raises $5 mn in Series A funding round led by Skateboat Capital

Ozonetel introduced contact/call centre as a service (CCaaS) in the India market in 2010

SRBC resigns as auditor of IL&FS Transportation Networks after NFRA report

The auditor said in a statement that its resignation was accepted by the board of ITNL