Qapita, a Singapore- and India-based equity management firm, said on Wednesday it has completed the acquisition of ESOP Direct in an all-cash transaction. The value of the deal was not disclosed.

Pune-based ESOP Direct provides solutions in equity compensation. Qapita said by acquiring ESOP Direct it will become a market leader in the region. The deal will expand its customer base in India and Southeast Asia to more than 1,200 customers.

Despite Twitter's ongoing legal battle with Elon Musk, the microblogging site has set a date for its shareholders to vote to approve its USD 44 billion takeover offer by Tesla CEO.

As per CNN, Twitter on Tuesday sent shareholders a letter saying it would hold a virtual special meeting on September 13 to vote on the merger agreement.

Global soft drinks major Coca-Cola Company on Tuesday said its India business recorded the best-ever volumetrically growth in the second quarter.

It reported unit case volume growth in the June quarter, helped by its sparkling soft drinks portfolio and fruit drink brand Maaza.

Congress Interim President Sonia Gandhi will appear before the Enforcement Directorate (ED) on Wednesday for the third round of questioning related to a money laundering case linked to the National Herald newspaper.

The Congress president, 75, was interrogated by the probe agency for six hours on Tuesday. Officials said Sonia Gandhi's response was sought to around 30 questions regarding her involvement with the National Herald newspaper and the company under scanner in the case, Young Indian Pvt Ltd.

As tech giant Google's Play Store officially completed 10 years, it is now getting a new logo to celebrate its 10th anniversary.

The tech giant has slightly tweaked the overall shape of its Google Play Store logo, but the most notable changes are the less vibrant colours that more closely match the green, yellow, blue, and red hues that Google uses for many of its other services.

Bihar Chief Minister Nitish Kumar has tested positive for COVID-19 and isolated himself at his residence on the advice of doctors, officials said on Tuesday.

Kumar had also contracted the virus in January this year and experienced mild symptoms, they said.

The Adani Group will invest $70 billion in green energy transition and infrastructure projects, said chairman Gautam on Tuesday as he called for "reshaping India’s energy footprint in an extraordinary way".

"The best evidence which showcased our confidence and belief in the future is our investment of $70 billion in facilitating India’s green transition. We are already one of the world's largest developers of solar power.

Even as the benchmarks traded in the negative territory, specialty chemicals major SRF gained over 4 per cent in trade and was the top gainer in the BSE 100 basket, on Monday. Today, the stock is relatively flat even as the markets are down marginally. The gains came on the back of a better than expected June quarter show led by the chemicals and packaging segments. While some brokerages have marginally cut their analyst estimates due to margin pressures in the packaging segment for FY23, the robust demand trends in the chemicals business and expansions are expected to be positive for the stock in the medium term.

HDFC Asset Management Company (HDFC AMC) has assigned the three schemes managed by Prashant Jain to new fund managers as the fund house seeks to maintain its recent performance improvement and market share gains even after the exit of its storied fund manager.

Jain, who was chief investment officer (CIO) at HDFC AMC, stepped down on Friday after serving 19 years at the fund house. He handled three flagship schemes of HDFC AMC which had combined assets under management of nearly Rs 90,000 crore as of June 2022.

The CBI has filed a charge sheet against noted Pune-based builder Avinash Bhosale and his companies in connection with the Yes Bank-DHFL scam, officials said on Monday.

The agency has also named Satyen Tandon as an accused in the charge sheet filed before a special CBI court in Mumbai, they said.

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