The company, which offers sports simulation technology-based games that are popular with children, as well as leisure and recreational activities, will add 600,000 square feet (sq. ft) of entertainment space to reach 1 million sq. ft with the addition of nearly 30 zones by the year-end.

Fincare Small Finance Bank announced an interest rate rise on fixed deposits of less than Rs 2 crore today, April 27th, 2022. Previously, the bank offered a 6.00 per cent interest rate on deposits maturing in 18 months 1 day to 21 months, but now the rate will be 6.5 per cent, an increase of 50 basis points.

We will grow from 22 stores to 50 stores in the next 6 months. It costs us approximately Rs 8-15 crore per center currently, which we are trying to reduce going forward

Indian tycoon Mukesh Ambani is betting a shopping palace within a $1 billion Mumbai business showcase will tap into surging demand for Western luxury goods, installing his Reliance empire as a portal through which most of the biggest brands must pass.

NCDEX is a leading, professionally managed, agricultural commodity exchange in India which offers services across the entire post-harvest agricultural commodity value chain.

South West Pinnacle has received LOI from Hutti Gold Mines Company Ltd. worth Rs. 7.10 crores

The National Commodity and Derivatives Exchange has reported a 47 per cent increase in average daily turnover at ₹1,857 crore in the financial year ended March 2022 against ₹1,261 crore logged in the previous fiscal.

Reliance Brands Limited, a subsidiary of Reliance Retail Ventures Ltd, on Tuesday announced it has signed a definitive agreement to invest in couturiers Abu Jani Sandeep Khosla (AJSK) for a 51 per cent majority stake.

For the year ended March 31, 2022, HDBFSL's net revenue grew by 13.0% to ₹ 7,980.8 crore (as against ₹ 7,061.8 crore in the previous year). Profit after tax for the year ended March 31, 2022 was ₹ 1,011.4 crore compared to ₹ 391.5 crore in the previous year, a growth of 158.4%.

JK Files & Engineering's Managing Director Balasubramanian V told that if the market improves and the China-plus-one strategy works the way it is being planned, the company hopes to cross the Rs 1,000-crore revenue mark this fiscal, which will be a growth of 20 per cent over FY22.

From investing into financial technologies to entering the metaverse, maker is going all out to build a technology-led customer experience

The National Stock Exchange (NSE) said it will reintroduce the ‘Do not Exercise’ facility for stock options contracts with effect from April 28, 2022. The move will enable traders to manage their risk better, especially when it comes to out-of-the-money contracts. It will allow them to close their open positions, preventing the risk associated with physical delivery.

The Sachin Tendulkar-backed company — which now refers to its business model as Smaaash 2.0 — has stepped away from its traditional ‘for kids’ offering to reimagine itself as a business that caters to the needs of young adults and working professionals. The aim of the space is to give an entertainment center for adults, but with the same vibe as the local club.

Months after its application, the Reserve Bank of India has yet to approve Mobikwik’s application to operate its Zaakpay payment gateway service, two banking industry sources told Entrackr. Consequently, banks have been told to stop dealing with Mobikwik’s payment gateway in 180 days’ time, the source added. That would indicate a very high probability of an eventual rejection.

Premiumisation and flavour experimentation are the major trends driving growth for the alcohol industry in Indian and South East Asia.

Notably, UPI payments are not allowed on other crypto exchanges as well, while Mobikwik wallet, which had partnered with major crypto exchanges, has stopped supporting crypto trading

MOHFL has joined hands with U.S DFC to provide affordable housing finance to woman and low-income group borrowers in India.

Being a part of the hospitality industry, we want to be of service to the people, especially the disparage intersections of the society. We are celebrating #AzadiKaAmritMahotsav with the mission to create opportunities and bring the neglected intersections into the fore,” said Dr Jyotsna Suri, Chairperson and Managing Director, Bharat Hotels Ltd.

The Competition Commission of India (CCI) on Monday approved the acquisition of stake in Hero FinCorp Limited by a Singapore-based affiliate of Apollo Global Management.

Bed-in-a-Box mattresses have gained popularity in the last few years. The Indian market is dotted with many online sellers who have joined the mattress-in-a-box bandwagon offering double, single, diwan, queen & king sizes.

April Fool’s Day is that one slot of 24 hours where brands can get away with most things. No wonder we’re subjected to witty, weird, and sometimes outrageous social media posts or digital ads on this day.

Brewer AB InBev, which sells Budweiser and Stella Artois brands, plans to scale its online beer delivery network in Maharashtra, besides exploring opportunities to expand its footprint in other states, subject to local laws.

The Central Bureau of Investigation (CBI) is focusing on the financial gains made by some brokers when they had unfair access to National Stock Exchange (NSE) systems as part of its investigation into the NSE co-location scam.

Elcid Investments holds around a 4.3% stake in Asian Paints, which was valued at around INR2,000 crore in February 2013. This translates into an intrinsic value of approximately INR1 lakh per share. Now, the promoter has yet again come up with a fresh delisting offer

AB InBev India and South East Asia President Kartikeya Sharma has reveals how the firm utilised innovation and marketing strategies to weather COVID-19 challenges and emerge with healthy brand growth

With e-commerce app JioMart, Reliance Retail—billionaire Mukesh Ambani-controlled Reliance Industries’ (RIL’s) organised retail arm—is all set to enter into instant grocery delivery service to give a hard time to the US-based online retail behemoth Amazon and Walmart’s Flipkart in India.

Tamilnad Mercantile Bank recently celebrated 100 years of service to the community. On this occasion, the bank in partnership with the Times Network launched the Aarogya India initiative with the aim of spreading awareness about the importance of vaccination in preventing the spread of COVID-19 virus.

The UK tax collector has extended its relationship with French IT service provider Capgemini in a £215m contract, which awards the outsourcer work to look after tech provided under the controversial 2004 Aspire contract at least eight years beyond the first proposed end date for the deal.

Hero FinCorp's SimplyCash, an instant personal loan app services, is all set to be available in more than 200 locations in the next two years.

The brand is targeting to achieve a revenue of Rs 100-120 crore in the next 18-24 months.

In a significant development for Goa Shipyard Ltd and India bilateral ties with Sri Lanka, a floating dock valued at approximately $20 million. Read more at: http://timesofindia.indiatimes.com/articleshow/90427792.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Read more at: http://timesofindia.indiatimes.com/articleshow/90427792.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Read more at: http://timesofindia.indiatimes.com/articleshow/90427792.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

The new card is another addition to an exclusive set of co-branded credit cards offered by the bank to enable sports enthusiasts to connect with their favourite teams as well as avail benefits of a credit card. Four years ago, ICICI Bank launched a co-branded credit card with Manchester United, a professional football club of England.

These foaming agents can help improve the molding process, and that recent advances in machine technology are allowing molders to foam parts that could not be foamed before.

Global Perlite Market Size To Reach USD 2.58 Billion By 2028

Godawari Power & Ispat Limited has signed a Share Purchase Agreement with Hira infraTek Limited (HITL) on March 21, 2022 to acquire 44,54,621 equity shares of Hira Ferro Alloys Limited (HFAL) from HITL at a price of Rs224/-per share.

HC tells Oyo to inform Sebi of latest order but restrains Zostel from writing to authorities

OYO operator Oravel Stays could clip its Indian IPO from the nearly USD 1 billion initially sought to half that and is considering also halving its expected valuation from the original target.

Signify, the world leader in lighting, has launched its Philips Motion Sensing LED Batten in India. The Philips Motion Sensing LED batten is priced at an MRP of ₹1,099. It is available in a 20W, 2000 Lumens pack across all small and large electrical stores and e-commerce platforms.

Aloke Bajpai and Rajnish Kumar, co-founders of ixigo, recently appeared in Prime Venture Podcast to share their startup’s journey.

India’s National Stock Exchange (NSE) said on Saturday it planned to set up a new domestic spot gold exchange that would bring more efficiency and transparency to bullion pricing.

With plans to expand and increase the headcount, Planify has announced that it is going to hire 100 employees in the first six months of 2022. Additionally, the company, in an official statement mentioned that it is planning to reach to employee strength of 200 by next year from its current headcount of 50 workers.

Bank of India (BOI) has announced it has entered into a co-lending arrangement for Commercial Vehicle Loans with Vijayawada based NBFC “M/s. IKF Finance Limited”(IKF).

OYO users in the United States will see a new “gaming zone” in the brand’s app.

NCDEX turnover fell 19 per cent in February to ₹24,980 crore against ₹30,800 crore logged in the same period last year

Mukesh Ambani-controlled Reliance Retail ramps up acquisitions and partnerships to consolidate its omni-channel retailing. It has completed over 25 acquisitions in the last three years to add to its brand portfolio, products and services and network of physical stores. It has also acquired technology companies to build its omni-channel platform, which includes physical stores, B2B with Kirana stores and e-commerce of JioMart and Ajio.

The firm became the first third party administrator in India to service more than ₹10,000 crore of active group and retail healthcare premiums

Medi Assist Insurance TPA Pvt. Ltd (Medi Assist) became India’s first third party administrator (TPA) to service more than ₹10,000 crore of active group and retail healthcare premiums.

The sanctions imposed on Russia after it invaded Ukraine on Thursday early morning will not have any impact on Nayara Energy Ltd. (formerly Essar Oil Ltd) which is 49.13% owned by Russian oil major PJSC Rosneft Oil Company

Chipset makers like Qualcomm and Mediatek and smartphone makers Realme and Lava expect component supply chain-related challenges for India to be resolved by the start of the second half of 2022 when production and distribution facilities resume normal operations, and even expand capacities.

Fincare Small Finance Bank (FSFB) has recently modified interest rates on fixed deposits. These include Resident FD rates for General Public and Senior Citizens, along with NRI FD rates for NRE and NRO.

Shares of PharmEasy have eroded half of investors wealth in the pre-IPO market dropping down to Rs 70-75 on Tuesday. It was trading at Rs 135-140 almost a quarter ago. During its worst trade, the scrip had tanked to Rs 65, dealers said.

One of India’s oldest and leading private sector banks, Tamilnad Mercantile Bank has partnered with the Times Network to kick-start this novel initiative, which is part of the centenary celebrations of TMB. The Aarogya India vaccination awareness van travelled across the city of Chennai to spread awareness among the people on the importance of being inoculated to prevent the spread of COVID-19 infection.

The Supreme Court observed that, in a cheque bounce case, when the complainant/payee is a company, an authorized employee can represent the company.

The Mumbai-based med-tech player received the green signal from capital market's watchdog Sebi to float its Rs 6,250 crore-primary stake sale. Existing shareholders aren't planning to sell shares.

Schneider Electric, the leader in the digital transformation of energy management and automation has signed a long-term cooperation agreement with Nanjing Kisen, a CNBM (China National Building Material Co., Ltd) company, the international leader in the development of intelligent plant technologies for the cement industry. In alignment with UN Sustainability Goals, the strategic partnership will progress the operational efficiency of intelligent cement plants through innovative digital modernization.

The company has reported total income of Rs. 23.6873 crores during the period ended December 31, 2021 as compared to Rs. 21.1588 crores during the period ended September 30, 2021. The company has posted net profit / (loss) of Rs. 16.7188 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 15.8252 crores for the period ended September 30, 2021.

Capital Small Finance Bank has received markets regulator Sebi's go ahead to raise funds through initial public offerings (IPOs). Going by the draft papers, Capital Small Finance Bank's IPO consists of fresh issuance of equity shares worth Rs 450 crore and an offer for sale (OFS) of up to 38.40 lakh equity shares.

The share of retail investors in NSE- listed companies has reached an all-time high of 7.32 per cent in December 2021, and in rupee terms it has touched a record high of Rs 18.98 lakh crore, says a report. However, there was an overall fall in institutional shareholding, largely due to the massive Rs 38,521 crore net outflows from foreign portfolio investors (FPIs) during the quarter, which resulted in their share declining to a nine-year low of 20.74 per cent, from 21.46 per cent.

The State Bank of India (SBI) has announced a partnership with NSE Academy, which is a wholly-owned subsidiary of National Stock Exchange of India, to launch five online courses. The Strategic Training Unit of SBI will be at the forefront of the partnership.

ICEX has applied to market regulator SEBI for it as it does not have the requisite funds to meet the regulatory criteria. SEBI is likely to keep ICEX plea in abeyance for a year as per the rules. but the regulator has also issued a show-cause notice to the exchange asking it why it should not be shut down, the sources said.

MobiKwik accused by loan defaulter of harassment, privacy breach, to do ethically-dubious practice for securing the payment of a loan availed from its platform.

Net total income rose 22.6% to Rs76.4 crore at the end of December compared to Rs62.3 crore in the same period last year

ICICI Bank's shareholding in Fino PayTech (Fino) - The promoter of Fino Payment Bank rose -- rose to 7.4% post conversion 40 Lakhs convertible warrants of Fino into equity.

Capital Small Finance Bank reported a 41% year on year jump in the third quarter owing to improvement in total income. The bank’s net profit stood at ₹16.65 crore at the end of December compared to ₹11.8 crore during the same period last year.

Hexaware announced it has been promoted to a Guidewire PartnerConnect Consulting Advantage partner for the AMER (Americas), EMEA (Europe, Middle East and Africa), and APAC (Asia-Pacific) regions to help insurers implement large and complex digital transformation programs globally using Guidewire SurePath delivery methodology and Guidewire Cloud Platform.

ICICI Bank's shareholding in Fino PayTech (Fino) -- the promoter of Fino Payments Bank (Fino Bank) -- rose to 7.4 per cent post conversion of 40 lakh convertible warrants of Fino into equity, the bank said on Tuesday.

The Narcotic Drugs and Psychotropic Substances Act, 1985 ("NDPS Act") was enacted to consolidate the law relating to control and regulation of operations

Following the successful response to its recent brand films #AisiReachGaye and ‘Kalki Kal Dekhenge,’ OYO recently launched a new advertisement with Chitrangada Singh and Kunal Kapoor.

During Tesla's recent 2021 earnings call, CEO Elon Musk said the automaker is already producing Model Y crossovers with 4680 battery cells, which Tesla has been making in-house and stockpiling. The brand has also placed a huge order for the cells with Panasonic, and the battery maker plans to test production and prioritize the EV maker when it comes to manufacturing.

Apollo Global Management has agreed to invest around Rs 940 crore ($125 million) of growth capital to buy into Hero Fincorp. This is part of a larger Rs 2,000-crore capital raising exercise from existing and new investors.

IPO-bound BVG India, the largest pureplay facility management player that lists the Parliament House, Rashtrapati Bhawan, the 7 RCR, Supreme Court, and the RBI headquarters among dozens of other key installations as its clients, hopes to cross the Rs 2,000-crore revenue mark this fiscal as it looks to focus more on premium residential complexes and many defence installations.

IPO-bound BVG India, the largest pureplay facility management player that lists the Parliament House, Rashtrapati Bhawan, the 7 RCR, Supreme Court, and the RBI headquarters among dozens of other key installations as its clients, hopes to cross the Rs 2,000-crore revenue mark this fiscal as it looks to focus more on premium residential complexes and many defence installations.

The Bihar government on Monday signed a deal with Tata Technologies as part of which the company will transform nearly 150 Industrial Training Institutes (ITI) across the state into Centres of Excellence (COEs). According to a statement issued by the company, the Memorandum of Agreement was inked here in the presence of Labour Resources Development Minister Jibesh Kumar. The project envisages upgradation of 149 ITIs at a total expenditure of Rs 4,606.97 crore.

ICICI Lombard General Insurance Company Limited ("the Company") has an investment in the convertible warrants of Fino PayTech Limited. The Company has received intimation from Fino PayTech Limited on January 25, 2022, regarding conversion of 1,500,000 convertible warrants held by the Company into fully paid equity shares of face value Rs.10 per share of Fino PayTech Limited in the ratio of 1:1.

"The MIT Initiative on the Digital Economy (IDE) today announced a new global research project with Capgemini Invent that will aim to better understand the dynamics of business-to-business platforms and ecosystems."

Panasonic is due to start mass producing next-generation lithium-ion batteries for Tesla with five times the energy capacity of existing models as early as 2023, according to a report from Nikkei Asia. Although the batteries are being manufactured primarily for Tesla, a Panasonic executive didn’t rule out supplying them to other companies in a November interview. The new batteries promise to boost the range of electric cars, and make them more affordable to produce and sell.

The country's largest two-wheeler maker Hero MotoCorp on Monday said its board has approved to invest up to Rs 700 crore in Hero FinCorp Ltd (HFCL).

Pledging of shares by NSE-listed companies hit an all-time low of 8.99 per cent (as a percentage of total promoter holding) as of December end as against 10.63 per cent logged in January 2021, a study by Prime Data base said.

Panasonic is due to start mass producing next-generation lithium-ion batteries for Tesla with five times the energy capacity of existing models as early as 2023, according to a report from Nikkei Asia.

boAt's Aman Gupta said the Bira 91 collab is about celebrating two pathbreaking Indian brands that disrupted big sectors

The National Stock Exchange (NSE) has emerged as the top global bourse in terms of derivatives contracts traded for the third year in a row. Around 17.3 billion derivatives contracts were traded on the NSE in 2021, nearly double that of 8.9 billion traded in 2020

Pune-based integrated facilities management company BVG India plans to raise Rs 1,200-1,300 crore through an initial public offering (IPO), to foray into new areas in facilities management, over the next two-three months, according to market sources.

Pune-based integrated facilities management company BVG India plans to raise Rs 1,200-1,300 crore through an initial public offering (IPO), to foray into new areas in facilities management, over the next two-three months.

The Board of Lupin at its meeting held on 17 January 2022 has approved the acquisition of a portfolio of brands (including all rights and interests associated with such products) of Anglo-French Drugs & Industries and its associates (subject to approval of their shareholders), to strengthen the Company's portfolio in the Vitamins, Minerals and Supplements and CNS segments.

Martin & Harris Labs reports robust results in FY21, PAT zooms 139 per cent to Rs 177 Cr.

PayMate India [Private] Limited (“PayMate” or the “Company”) today announced that it has appointed Rakesh Khanna as its Chief Commercial Officer, effective January 1, 2022. Rakesh will be responsible to lead the Company’s Global Expansion, Business Development, Strategy, Marketing, and management of P&L.

Capgemini launches a dedicated Quantum Lab and announces a new agreement with IBM to advance industry applications of quantum computing

boAt registered a 2.2X surge in operating revenues which grew from Rs 700.44 crore in FY20 to Rs 1,511.7 crore in FY21, its annual financial statement with the MCA shows

Non-banking financial company Five Star Business Finance and solar energy player Waaree Energies have received capital markets regulator Sebi's go-ahead to raise funds through initial share-sales

Arch Pharmalabs Ltd., India, announced the signing of a Technology Access & Services Agreement with Orochem Technologies Inc., USA, on an exclusive basis. The Agreement allows Arch to collaborate with Orochem for using Orochem’s proprietary Simulated Moving Bed (SMB) platform for Pharmaceutical and other applications.

The largest retailer led a $240 million funding round in Dunzo, with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital.

PNB’s Mera Term Plan isn’t just any other online term plan. It goes beyond the realms of providing insurance to the applicant and covers the whole family of the applicant’s loved ones. With a term coverage of more than 80 years, this online term plan is human’s best companion against COVID-19.

Arohan Financial Services Limited has partnered with Document Infrastructure Platform – Leegality – to digitally transform JLG loan paperwork processes for its customers. Company views this partnership as a natural continuation in its mission for ‘Cashless at the front and Paperless at the back.

More than 500 employees and ex-employees of IPO-bound OYO have exercised their stock options grants to purchase over three crore shares of the company, according to regulatory filings by the hospitality chain

Ritesh Agarwal, the founder of OYO Rooms, took to Twitter to share a few lessons he learnt from the past year.

Online travel portal, Ixigo has come up with a new video campaign that has been conceptualised and produced by the in-house team.

Securities and Exchange Board of India (Sebi) issued new corporate governance rules based on Kotak committee recommendations in 2018. Since then, dozens of PSUs have reportedly been in violation of the rules especially in the aspect of board composition. This is because appointments to boards of PSUs often get delayed since they must be cleared by the concerned ministry

Vakrangee Limited (VL) has tied up with Nayara Energy Limited for setting up Vakrangee Kendra outlets at its Nayara retail fuel outlets.

Throughout the festive season, we’ll be looking back through the winners from our 2021 global awards program, which includes The Drum Awards for Marketing, The Drum Awards for the Digital Industries, The Drum Awards for B2B and more.