Economic Times Ø Airtel gains 1.59 million subscribers in Feb; Jio, Voda Idea lose: Trai data Ø Future proposes to transfer 45% of its debt to Reliance Ø IMF lowers India's growth forecast to 8.2% for FY23 Ø Acre ARC buys KKR's debt in Walchandnagar Ø India restarts tea, rice, other exports to Russia Ø IPOs: Sebi streamlines payment process via UPI Ø Pantomath Group announces first closure of pre-IPO fund Ø Pine Labs announces key appointments to senior leadership team Ø Lenders invite bids to buy out stressed JBF petrochemicals Ø Max Ventures and Industries to amalgamate with subsidiary Max Estates Ø Future Enterprises defaults on Rs 29.33 cr interest payment for NCDs, third default of this month Ø Defence Ministry exceeds spend target for local arms Ø FRL shareholders' e-voting ends; EGM for shareholders, creditors to be held on Apr 20, 21 Ø TVS ropes in former Tata Motors Associate VP Madhu Singh for electric mobility division Business Standard Ø Future Retail holds shareholders' meeting to approve sale to Reliance Ø IndiGo steps up hiring, resumes inducting pilots after 2 years Ø SBI seeks accountability on Future Retail store takeovers Ø HDFC to sell 10% stake in HDFC Capital to ADIA for Rs 184 cr Ø TCS head doubles down on $50-bn revenue target Ø India ends FY22 with 2.6% drop in oil production Ø Tata Steel to stop doing business with Russia after 'conscious decision' Ø Coal shortage, high prices may benefit Coal India, Neyveli Lignite Ø India cement prices expected to rise by 6-13% as Ukraine war continues Ø Modi-Johnson meet likely to focus on talks to advance trade deal Ø L&T Infotech, Mindtree may be merged to create $22-billion firm Ø Netflix says user engagement up in India as global subscribers log out Financial Express Ø IPOs: Sebi streamlines payment process via UPI Ø BDR Pharmaceuticals launches anti-Cancer drug for advanced Gastric Cancer Ø EPFO adds 14.12 lakh subscribers in February Ø RBI turns net purchaser of US currency in February Ø Hero Electric Partners With BOLT To Put Up 50,000 Charging Stations In India Ø Maruti Suzuki Alto, S-Presso Now Get Dual Airbags As Standard Fitment 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 HDFC to sell 10% stake in real estate fund arm to ADIA for Rs 184 crore
