Axis realty fund invests Rs 60 cr in Chennai developer

Axis Rera Opportunities Fund-I has announced its maiden investment of Rs 60 crore in Chennai- based developer Akshaya Group. The fund, promoted by Axis Bank's asset management arm, had last month announced a fund raise of Rs 400 crore for the realty investment vehicle.

HDFC Group staff volunteers for Panni Foundation Over 500 employees from the companies of HDFC Group have participated in an annual labour-work driven charity event started by Amir Khan-promoted Paani Foundation. Employees from Mumbai, Aurangabad, Pune, Nagpur and Nashik participated in the 'shramdaan' held on the occasion of the Maharashtra Day amid drought in several parts of the state, an official statement said.

The employees participated in the labour work, which typically involves digging to create water holding capacity, at villages in Nashik, Nagpur, Pune and Aurangabad districts, the statement said.

JNPT opens new data centre Country's largest container port JNPT Thursday said it has started a new data centre to be future ready.

The data centre within the port is equipped with state of the art infrastructure will help in the integration of technology into port operations, an official statement said.

DVARA KGFS raises Rs 97 cr Dvara Kshetriya Gramin Financial Services (DVARA KGFS) has raised Rs 97 crore in a fresh round of equity from investors led by Stakeboat Capital and existing investors LeapFrog Investment and Dvara Trust.

The company, formerly Pudhuaaru Financial Services, will use the funds for expansion into newer geographies, strengthen its presence in existing geographies and enhance digital architecture.

Viacom18 Digital Ventures appoints Rakshit as COO Media firm Viacom18 has appointed Gourav Rakshit as a chief operating officer of Viacom18 Digital Ventures.

He will report to Viacom18 Group chief executive officer and managing director Sudhanshu Vats.

Times Network's Zoom aims for 100% growth The Zoom Studios, the original content arm of Times Network's Zoom is aiming for a 100 per cent growth and 200 per cent increase in the subscriber base in the coming year.

It has registered over 80 million views and over 1 million subscribers on The Zoom Studios YouTube Channel and Facebook page, with 414.8 million minutes of total watch time. PTI AA HV DS AP BEN BEN.