V-Mart Retail on Wednesday confirmed the raising of ₹374.99 crore by issuing shares to a set of investors through QIBs. "The board of directors of the company at its meeting, approved the issue and allotment of 15,30,612 equity shares face value of ₹10 each to 30 qualified institutional buyers at the issue price of ₹2,450 per equity share aggregating to ₹374,99 crore," the company said.

Sony Interactive Entertainment patented a means to dynamically adjust their games' difficulty to reduce player frustration. The new AI system would supposedly learn from players and adjust according to their playstyle. Sony ensured that this system would not be enforced on players and it will provide those who prefer to stick with the developer made difficulties with an option to turn it off.

JSW Energy Limited will terminate its plan to acquire Ind-Barath Energy (Utkal) Ltd being pursued through the National Company Law Tribunal (NCLT) route. The company had submitted a Resolution Plan to the Committee of Creditors (CoC) for the Corporate Insolvency Resolution of Ind-Barath Energy (Utkal) Limited ('Corporate Debtor’) on October 3, 2019.

Tata Consumer Products signed a share purchase and investment agreement with the existing promoters and shareholders of Kottayam Agro Foods, to acquire 100% equity share capital of the latter. Kottaram Agro Foods deals with the business of breakfast cereals and millet-based snacks under the trademark "Soulfull". The acquisition is scheduled to complete on or before March 31, 2021.

Rakesh Jhunjhunwala has given a big thumbs up to the Centre's Union Budget 2021-22. The equity king feels that India is on course for double-digit growth ahead. The country might not be able to absorb all the capital expected to come into it. As a result, the FY22 fiscal deficit will be between 6-6.5 per cent and tax collections will be much better.

Tata Realty & Infrastructure Limited has earned the WELL Health-Safety Rating for its operational portfolio of commercial projects across Gurgaon, Mumbai and Chennai. The three WELL Health-Safety Rated projects include Ramanujan Intellion Park, located in Chennai's IT Corridor, Intellion Square (TRIL IT4) is located in Malad, Mumbai, and Intellion Edge, Gurugram.

Agara, the AI-driven autonomous voice agent startup bagged $4.3 Mn in a pre-Series A funding round led by Japan-based early-stage deep-tech investor UTEC. The round also saw participation from Blume Ventures and RTP Global, the company’s existing investors. This brings the artificial intelligence startup’s till-date funding amount to $7.5 Mn. 

Zee Media on Wednesday confirmed the raising of Rs 230cr through the issuance of NCDs on private placement basis. "The board of directors of the company at their meeting approved the allotment of 2,300 unrated, unlisted, secured, redeemable non-convertible debentures bearing a face value of Rs 10,00,000, each for cash at par, aggregating to Rs 230cr on a private placement basis," the company said.

The Brookfield REIT IPO has been subscribed 2% so far on the first day of bidding, February 3. The public offer has received bids for 17.12 lakh units against the IPO size of over 7.62 crore units. The reserved portion of other investors, including corporates and individuals, witnessed 5.1% subscription, while institutional investors have not started bidding for the issue yet.

Ramco Cements announced 4.82% growth in total revenues for the Q3FY21 on a consolidated basis at Rs1,343.89cr. The cement production showed marginal growth as infrastructure orders picked up. However, residential and office spending is yet to pick up in a big way leading to tepid sales growth on a YoY basis. The consolidated PAT for the Dec-20 quarter was up 118.86% at Rs206.69cr.

Bajaj Consumer goods company with major brands in hair care, Bajaj Consumer reported a healthy Q3FY21 quarter with both bottom-line and top-line front witnessing substantial growth. In Q3FY21, Bajaj Consumer's consolidated net profit stood at Rs57.29cr, higher compared to a profit of Rs56.92cr of the preceding quarter and Rs48.74cr a year ago same period.

PNC Infratech Limited stock hit a fresh 52-week high of Rs226.45 per piece during intraday trade on Wednesday so far. The company informed the exchanges Tuesday that its wholly-owned subsidiary PNC Unnao Highways Pvt Ltd received NHAI confirmation on the achievement of Financial Closure for one of Highway Projects in Uttar Pradesh on Hybrid Annuity Mode on December 31, 2020.

Bharti Airtel share price hits a 52-week high of Rs 619, rising over 3% intraday on February 3, ahead of the company's Q3-2020 result announcement. Telecom major Bharti Airtel will report its earnings today where brokerages suggest watching out for commentary on spectrum renewal and 5G. The numbers are likely to be mixed with some hits on yearly basis and misses on a quarterly basis.

Mobile Premier League (MPL)is planning to bag $100 Mn in a recent funding round. The latest round sees Composite Capital, Moore Capital and Telstra Ventures investing at a post-money valuation of $800 Mn. It comes days after MPL had announced that it had raised $500K from its existing employees, as part of the employee investment plan.

Adani Enterprises incorporated a wholly-owned subsidiary Azhiyur Vengalam Road Private Limited (AVRPL), on February 1, 2021. The new subsidiary will ensure the development, maintenance and management of six-laning of Azhiyur to Vengalam section of NH-17 in Kerala on Hybrid Annuity Mode under Bharatmala Pariyojna and to do all necessary and incidental activities.