• India’s Dependence on Russian Weapons Tethers Modi to Putin
o Russia’s War in Ukraine Dominates India, Japan Summit Meeting
o Japan Boosts Five-Year Investment Target in India to $42 Bln
o PM Modi, Australia’s Morrison Hold Virtual Summit March 21
• U.S. Official Nuland to Visit India, Sri Lanka, Bangladesh
• Sebi Relaxes Algo Trading Order Norms for Commodity Derivatives
• The Poorest Super-Emitter Needs a Different Path to Net- Zero
• Billionaire Adani Is Said to Explore Partnerships With Aramco
o Parties hold talks on range of joint investment opportunities
• Ronaldo Said Among Backers in Cricket NFT Startup Fundraise
o Startup’s Series A round is led by B Capital, Insight Partners
• India’s Stray Missile Put Dozens of Passenger Jets at Risk
• Watch Bad Loans in Fossil-Fuel Sector, India Central Bank Warns
• SoftBank-Backed Oyo Said to Weigh 50% Smaller IPO as Markets Sag
• India Central Bank Says Global Developments Pose Downside Risks
• India’s FX Reserves Fell $9.65b to $622.3b in Week to March 11
o India Official Reserves Drop to Lowest Since August
• India’s Sensex Clocks Best Weekly Advance in More Than a Year
• India Central Bank Says ‘Correct Timing’ Crucial for LIC IPO
• Easing Oil Means INR May End Year at 76 Per Dollar, HSBC Says
• Global Funds Buy Net INR28B of India Stocks on Thursday: NSE
o Domestic funds sell net 6.78b rupees of stocks
• Foreign Investors Buy Net INR5.41B of Indian Equities Wednesday
• Foreigners Buy Net INR112.6B Indian Equity Derivatives Thursday
• Diesel Prices Raised in India for Bulk Users, PTI Reports
• Japan to Unveil $42B India Investments Plan: Nikkei
• India Lines Up Steps to Lift Rankings Across Global Indexes: ET
• Tata Motors In Talks To Take Over Ford India’s Gujarat Plant: ET
• Suzuki to Spend $1.3 Billion on EV, Battery Plants in India: NHK
• Ashok Leyland (AL): Closed: Ashok Leyland Sells Inr2b 5Y Bonds at 7.30%
• Aurobindo Pharma (ARBP): Signs Sub-Licensing Pact with Pfizer for Oral COVID Pill Nirmatrelvir
• Bharat Electronics (BHE): To Pay INR1.5/Share as Mid-Year Dividend
• Future Retail (FRETAIL): Says Shareholders to Meet NCLT Order on April 20
• Kotak Mahindra (KMB): Closed: Kotak Mahindra Prime Sells Inr5b 3Y Bonds at 6.20%
• SBI (SBIN): Sri Lanka Secures $1 Billion Credit Facility From India
• Sintex Plastics (SINTEX): Says Reliance-Acre’s Resolution Plan Approved by Lenders
• Torrent Pharmaceuticals (TRP): Signs License Pact for Pfizer’s Oral COVID Pill Nirmatrelvir
• TVS Motor Co. (TVSL): To Pay 3.75 Rupees/Share as Mid-Year Dividend
By: via @AlliesFin Serve Stock Market
