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Commercial Bank of Kuwait selects TCS BaNCS to transform treasury ops

CBK was looking for a modern, integrated treasury solution to help transform its treasury operations and offer new generation asset classes, enhance risk management, and ensure regulatory compliance

Lenskart's launches Vision Fund for select startups in eye-care space

To invest $2 million in each enterprise, nurture innovations disrupting eyewear, eye-care and omni-channel retail

IGL reports 29% YoY surge in consolidated Q4 profit at Rs 375 crore

Board recommends 180% dividend, or Rs 3.6 per share

RBI sets rules for appointment of MDs, WTDs of urban cooperative banks

The minimum age of a person should not be less than 35 years and not more than 70 years any time during the tenure

Orchid Pharma OFS subscribed 2.5x; India Pesticides IPO 3.8x on Day 2

Shares of Orchid Pharma hit 10 per cent lower limit to end at Rs 1,188 on Thursday

Accenture raises business outlook for CY21; Q3 revenue beats estimate

Accenture reported revenue of $13.3 billion, up 21 per cent YoY, and 9.9 per cent sequentially

Shyam Metal, Sona BLW surprise the street, soar over 20% on trading debut

Market was expecting Sona to list at a muted premium and hoped Shyam Metalics would gain more than 30% on listing

WINDO raises $500,000 in seed round led by Unicorn India Ventures

WINDO, founded in 2020, by second-time entrepreneurs Silus Reddy Chintapalli, Rakesh Vaddadi, is an Instagram commerce-focused tech startup

Wabco OFS subscribed 1.8 times, India pesticides fully subscribed

Shyam Metallics, Sona to list on Thursday

Business Standard among the top 10 trusted media brands in India: Survey

The survey also said amid the pandemic, legacy print brands and government broadcasters, DD News (Doo­rdarshan) and All India Radio, retained high levels of trust among consumers in India

PNB to apprise board of PNB Housing Finance deal in Friday meet

The shareholders of PNB Housing on Tuesday voted on a special resolution for a preferential allotment of shares to a clutch of investors led by the Carlyle Group

As Covid made employee verification tough, 32% firms turned to tech: EY

Survey makes a case for tech-driven tailored approach, rather than one-size-fits-all process.

Ashok Soota-promoted SKAN research trust grants Rs 20 cr to IIT Roorkee

Proceeds will be used to fund an Institute Chair Professorship and three fellowships; institute is also setting up a wet lab

IBM, IISc launch innovation lab to advance hybrid cloud research in India

Students and faculty will work at the lab alongside IBM Research scientists on cutting-edge research to help organisations leverage true power of hybrid cloud

GoMechanic secures $42mn in Series C funding round led by Tiger Global

Sequoia Capital India, Orios Venture Partners & Chiratae Ventures also participated in the round.

Kazam raises Rs 7 cr in seed round led by Inflection Point Ventures

In a short span of 5 months, Kazam has built the hardware & software tech for affordable and smart EV charging infrastructure

Sebi exempts open offer for Heineken's purchase of 15% stake in UB

Regulator allows special exemption as the shares are being acquired as part of an order of Debt Recovery Tribunal to recover dues from Vijay Mallya and his group companies

Smart city player Quantela raises $40 mn growth capital from Digital Alpha

Bags the first outcome based project from Kerala government in India

NCLT to pass order on Kalrock-Jalan's plan for Jet Airways revival today

The airline suspended operations in April 2019 and is under insolvency for nearly two years

Paytm First Games secures $30-mn loan from One97 Communications, others

The loan will be given in two tranches, payable within five years, and will also have the option to be converted into equity shares