.jpg)
Economic Times Ø Larsen weighs merging Mindtree & L&T Infotech into a $22 billion firm Ø Future lenders await RIL's debt distribution plan Ø Mindtree Q4 Results: Net profit jumps 49% YoY to Rs 473 cr; Rs 27 per share dividend declared Ø Bombay High Court refuses interim stay on DRHP issuance of LIC’s IPO Ø BlackRock deal could lead to re-rating in both Tata Power, NTPC: Swarnim Maheshwari Ø Centre denies reports of GST council planning to raise 5% tax slab to 8% Ø Technology to push investments globally for many more years: TCS chief Rajesh Gopinathan Ø ONGC uses new drilling technology in Tripura Ø Nomura expects Indian IPO market to pick up in second half Ø Federal Reserve Chair Powell may be about to seal deal on a half-point hike Ø Coal India all set to launch own e-auction platform Ø Polycab India buys office space in Mumbai’s Dadar for Rs 202 crore Ø Ecommerce logistics firms give aggregators a price shock Ø Over 1.67 lakh companies incorporated last year: MCA Business Standard Ø NTPC stock powers ahead on improving demand, value unlocking in renewables Ø L&T Infotech and Mindtree to merge to create $22-bn firm: Report Ø ED attaches Amway India assets worth Rs 758 cr in money-laundering probe Ø WPI inflation hits 4-month high in March as crude, commodity prices spike Ø Burmans scale up holding to 20.07% in Eveready via open market purchases Ø Indian economy not immune to negative externalities, says RBI report Ø Jwalamukhi Investment sells 3.26 mn TVS Motor shares worth Rs 212 cr Ø Jindal Stainless keen to invest in renewables: MD Abhyuday Jindal Ø Union Bank of India to sell its 8% stake in ISARC to Dhansamridhi Finance Ø Finolex Cables says Q4 sales volumes back to levels before pandemic Ø RBI imposes Rs 17 lakh fine on Manappuram Fin for violating KYC, PPI norms Ø ICICI Prudential Life Insurance eyes 22% growth in VNB this fiscal Financial Express Ø Indiabulls Real Estate to use Rs 865 crore QIP proceeds for land acquisition, debt reduction Ø PE inflows into Indian real estate up 5x sequentially in Q1 2022: Report Ø SBI raises USD 500 million through IFSC Gift City branch Ø RBI turns net purchaser of US currency in February Ø SAT admits Chitra Ramkrishna’s plea against Sebi order; directs NSE, Ramkrishna to deposit money Ø Centre reduces raw jute stock limit to facilitate supply to mills Ø Individual investors can use UPI for up to Rs 5 lakh payment in public issues Ø SEBI inching ahead to set up Social Stock Exchange Ø Future Enterprises defaults on Rs 19.16 crore loan repayment Ø No extension of GST aid to states, says Centre Ø GST: GoM yet to take a view on rate rationalisation
