Page 8 - Bs Reporter

Divgi TorqTransfer Systems sets IPO price band at Rs 560-590 per share

The IPO will open on Wednesday and conclude on Friday

Murugappa Group's EV arm TI Clean Mobility to raise Rs 3,000 crore

TCM has already unveiled its passenger three-wheeler electric vehicle, the sales of which are expected to grow over the next few quarters

KFintech buys 25.6% stake in account aggregator MoneyOne's parent

Shares of KFintech closed 0.95 per cent higher on Friday

BPCL, Tata Motors lead upgrades race after Q3, Zomato, ABFRL downgraded

Oberoi Realty and ACC too see substantial increase in their earnings forecasts for the ongoing financial year

EY Entrepreneur of the Year 2022 award goes to Sajjan Jindal

A press statement by EY noted that Jindal is making a fast transition to renewable energy through acquisitions as well as decarbonizing the value chain

Axis Bank-Citibank deal likely to be completed by March 1

This means by March 1, all the customers, employees and assets of the Citi will be transferred to Axis

Android case: CCI's Rs 1,337 crore fine unreasonable, Google tells NCLAT

The tech giant also said CCI itself had recognised that Google's Mobile Application Distribution Agreement (MADA) was beneficial to Original Equipment Manufacturers (OEMs)

BS Banker of the Year Award: High-powered Jury meets today to pick winner

Sandeep Bakhshi, MD & CEO of ICICI Bank, was the Business Standard Banker of the Year 2020-21

Orient Cement terminates MoU with Adani Power to set up unit in Maharashtra

Orient Cement entered into a MoU on September 24, 2021 with Adani Power Maharashtra Ltd (APML)

NCLT admits IndusInd Bank's insolvency petition against Zee Entertainment

The company is currently undergoing a merger with the Sony India which is pending with the regulatory authorities and the court

Cabinet approves extension of 22nd Law Commission till August 31

The 22nd law panel was constituted for three years on February 21, 2020 and its chairperson, Justice Rituraj Awasthi (retd), assumed office on November 9, 2022

95% WhatsApp users in India get pesky commercial messages every day: Survey

76% of respondents saw such messages on WhatsApp based on their conversations with WhatsApp business accounts and Facebook and Instagram activities

IBS Software acquires Accenture Freight & Logistics team for unknown sum

Deal will boost IBS leadership as a tech provider to airfreight industry, is a strategic step towards helping establish the acquirer as an end-to-end player in global freight supply chain

SBI rolls out BHIM SBIPay for S'pore-India transfer after UPI-PayNow linkage

Other than SBI, Indian Bank, ICICI Bank and Indian Overseas Bank have been roped in for inward and outward remittances while Axis Bank and DBS India will facilitate inward remittances only

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

Chaired by K M Birla, the 8-member panel will select best in corporate India across 7 categories

Kotak Mahindra Bank takes corporate digital banking portal 'Kotak fyn' live

Portal will offer services across all products, including trade & services, account services, payments, and collections and make banking seamless for clients

Pantomath buys 37.2% in broking firm Asit C Mehta through subsidiary

Deal struck at Rs 151.4 a share, makes Pantomath arm Cliqtrade Stockbrokers a co-promoter

Dipam calls for key meeting on Wednesday to mull Concor divestment

Sources say officials from Railways, Concor, Niti Aayog, finance and law ministries expected to take final call on pending issues regarding transfer of land to private player post disinvestment

In a first, top court to use AI for live transcription of oral arguments

System launched in CJI's courtroom on experimental basis; Constitution bench proceedings will be transcribed from Tuesday, and vetted by lawyers before uploading on Supreme Court website

Intangles raises $10 mn in series A funding from Baring PE Partners

The funding will be utilised for serving a robust new customer pipeline, expanding global presence and accelerating hiring to augment product engineering, sales and delivery teams, Instangles said