• Former Turkish Airlines Chair Backs Away From Air India CEO Job
• India’s Economic Recovery Slows Amid Growing External Risks
o India Oct-Dec Quarter GDP Expands 5.4% Y/Y; Est. 5.9%
o India Jan. Key Industries’ Output Rises 3.7% Y/y
• India May Review Timing of LIC Share Sale After Ukraine Invasion
• Traders See Saudis Hiking Oil Prices Amid Rush to Secure Cargoes
• India Collects INR1.33T in Gross GST Revenue in Feb, +18% Y/y
• India’s April-Jan. Budget Deficit Reaches 58.9% of FY Target
• India ‘Worried’ About Trade With Russia, Ukraine: Sitharaman
• India’s IOC No Longer Seeks FOB Cargoes of Russian Crude, CPC
• China Launches Anti-Dumping Probe on Indian Phthalocyanine
• Costly Capital Limits India’s Clean Energy Growth, Mathur Says
• Thailand Approves Air Travel Bubble With India From March
• Future Retail Allowed to Seek Shareholders Nod for Reliance Deal
• Ex-Banker Buch First Woman to Head India Capital Market Watchdog
• India’s Green Push Spurs Solar Energy Firms to Tap Bond Market
• India’s Economy Faces Headwinds Amid Ukraine Crisis, Emkay Says
• India, Mideast Bonds to Gain From Russia Reallocation: Lombard
• India, Japan Renew Bilateral Swap Arrangement: RBI
• Global Funds Sell Net INR39.5B of India Stocks Monday: NSE
o Domestic funds buy net 41.4b rupees of stocks
• Foreign Investors Sell Net INR44.3B of Indian Equities Feb. 25
• Foreigners Buy Net INR62.1B of Indian Equity Derivatives Monday
• Aban Offshore (ABAN): Extends date of sale of rig to March 31
• Ashok Leyland (AL): Feb. vehicle sales 13,281 units vs 12,776 year ago
• Coal India (COAL): Feb. offtake 57.4m tons vs 51.3m year ago; Feb. production 64.3m tons vs 61.9m y/y
• Eicher Motors (EIM): Feb. vehicle sales +7.3% y/y to 5,856 units
• Escorts (ESC): Feb. tractor sales down 45.6% y/y to 6,114 units
• Eveready Industries (EVRIN): Burman Group Seeks Control of Eveready After Open Offer 26% or 18.9m shares at 320 rupees each
• Future Enterprises (FEL): Says no immediate impact on deal with Generali after court order on Future Generali stake sale restraint
• Future Market Networks (FMNL): Says NCLT allows to hold holders’ meeting
• IndiaMart InterMesh (INMART): Says unit to buy 26% stake in Adansa Solutions
• Mahindra Logistics (MAHLOG): To buy up to 60% of Whizzard for INR717.3m
• Maruti Suzuki (MSIL): Feb. sales 164,056 unit vs 164,469 year ago
• Siemens India (SIEM): Buys 26% stake in Sunsole Renewables for INR2.7b
• Sterlite Technologies (SOTL): Collaborate with Analog Devices to build Open Ran 5G
• Tanla Platforms (TANLA): Partners Truecaller for Business Messaging
• Tata Motors (TTMT): Feb. passenger vehicle sales +47% y/y to 39,981 units; Feb. commercial vehicle sales +11% y/y to 37,552 units
• Tata Steel (TATA): To purchase 90% equity stake in Ceramat Private
By: via @AlliesFin Serve Stock Market
