*Business News Headlines*
*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
By: via @AlliesFin Serve Stock Market
