Economic Times Ø Kalyan Jewellers to appoint former CAG Vinod Rai as chairman Ø War for instant grocery delivery set to intensify with entry of Reliance's JioMart Ø Sebi penalises erstwhile Essar Steel India for disclosure lapses Ø EKI board okays 200% interim dividend of Rs 20 per share Ø Axis Bank, kept out of Reliance Capital insolvency process, eyes legal options Ø Govt's total liabilities rise 2% to Rs 128.41 lakh cr in December quarter Ø India says no plans for now to buy Russian oil in rupees Ø IT raids at premises linked to Hiranandani group concludes Ø EPFO may consider more govt bonds and equity investments Ø Steel cos have agreed to cut prices for MSMEs despite disruption: RCP Singh Ø Ruchi Soya FPO: SEBI orders three-day window for investors to withdraw applications Ø Indiabulls Housing to raise Rs 50,000 crore growth capital next fisc, eyes 20% loan sales Business Standard Ø Biden unveils $5.8-trillion Budget plan with record increase in tax Ø Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record Ø E-commerce portal Shopee shuts shop in India, CAIT welcomes move Ø Air traffic likely to soar as regular foreign flights take wing after 2 yrs Ø Strategy needed for 300 mt steel output target by 2030: Minister Ø 11 crypto exchanges found to be evading Rs 81.54 cr in GST, says govt Ø Govt seeks to change rules related to vehicles' fitness testing Ø Indian Hotels nears record high ahead of fixing of QIP price band Ø Vedanta to invest $1.5 bn across oil, zinc, steel businesses Ø E-two wheelers on fire brings safety of Li-ion batteries under spotlight Financial Express Ø EV infra vital to electric mobility’s future Ø RBI’s new rules for MFIs to aid profitability, says Crisil Ø Auto fuel prices hiked again by 80 paise a litre Ø SEBI refuses to disclose NSE inspection reports under RTI Ø Jefferies sees this Indian stock as an attractive China+1 play, expects up to 44% upside Business news • India Says No Proposal to Buy Oil From Russia, Others in Rupee • Cotton Jumps to Record High on Texas Drought, Rising Demand • Renewables Firm Seeks First Indian Dollar Bond Since War Began • Baring’s Citiustech Said to File Confidentially for U.S. IPO o BPEA is also gauging interest among potential buyers • U.K. Foreign Secretary Truss to Visit India on Mar. 31: MEA • Ruchi Soya Retail Investors Can Withdraw Bids by Mar. 30: SEBI • Nepal’s Prime Minister Deuba to Visit India April 1-3 • TANKER WEEKLY WRAP: Russia Oil Finds Ex-Europe Buyers; CPC Start • Sea to Shut Shopee India Unit After Political Headwinds • India Top Court Agrees to Hear Reliance Infra Plea Against DMRC • Emerging Market ETFs Rise for 2nd Week in $4.33 Bln Streak • Global Funds Sell Net INR8.01B of India Stocks Monday: NSE o Domestic funds buy net 11.6b rupees of stocks • Foreign Investors Sell Net INR13.9B of Indian Equities March 25 • Foreigners Buy Net INR34.3B of Indian Equity Derivatives Monday • RBI to Conduct INR3T 2-day variable rate reverse repo auction auction • Indian States to sell INR373.5B of bonds in auction: RBI • G R Infraprojects (GRINFRA): Wins bids for INR9.07b and INR8.37b projects • ICICI Bank (ICICIBC): To Buy Upto 15% Stake in IDRCL for INR75m • Piramal Enterprises (PIEL): To raise Debenture Worth INR1.76b • Tata Power (TPWR): Tie-up with Rustomjee for EV Charging Infrastructure.
