*Business News Headlines*
*Economic Times*
Ø L&T Finance sells Rs 3463 crore NPAs to Phoenix ARC
Ø CCI approves deal involving stake purchase in Hero FinCorp
Ø FIIs take back record $13.7 bn from India investments during December quarter
Ø HDFC Bank merger likely to affect index composition, fund flow
Ø HDFC AMC will now be part of a bigger and stronger entity: Navneet Munot
Ø L&T Finance sells Rs 3463 crore NPAs to Phoenix ARC
Ø Bank of Maharashtra's advances grow 27 pc to Rs 1.36 lakh crore in FY22
Ø TCPL going for consolidation, simplification; to bring down no of entities to 23
Ø Go Fashion to open 120-130 stores year-on-year
Ø Govt mulls modifications in PLI Scheme for speciality steel; extends last date for application till April 30
Ø India's MRPL buys 1 mln barrels of Russian Urals crude for May loading: Traders
Ø Tata Power Renewables commissions 300MW solar plant in Gujarat
Ø Vedanta Ltd's aluminium, zinc output grow 8 pc; iron ore 18 pc in Jan-Mar '22
Ø IOC to pump in Rs 840cr to set up POL plant, raise storage capacity in NE
*Business Standard*
Ø Amazon, FRL agree in SC to appear before Singapore Int'l Arbitration Centre
Ø India's manufacturing activity moderates in March as production, sales slow
Ø PVR-Inox combined pipeline at 2,000 screens; plan to double in seven years
Ø Chip shortage still a challenge for commercial vehicle players: STFC MD
Ø Future Retail defaults on repayment of Rs 5,322-cr debt
Ø GST collection rises to an all-time high of Rs 1.42 trillion in March
Ø Net direct tax collection rises 50% to record Rs 13.81 trillion in FY22
Ø CCI to probe Zomato, Swiggy for alleged unfair business practices
Ø Indian Oil to invest Rs 840 crore to set up plant, raise storage capacity
Ø IOC, L&T, ReNew announce joint venture for India green hydrogen business
Ø FACT records highest-ever turnover of Rs 4,100 cr in FY22, up 27% YoY
Ø Jio Institute appoints Guruswami Ravichandran as Provost
*Financial Express*
Ø Dharmaj Crop Guard, Venus Pipes & Tubes get SEBI nod to float IPOs
Ø SEBI issues fresh guidelines to curb misuse of clients’ Power of Attorney
Ø Sugar export may touch 85 lakh tonne this year: ISMA
Ø Corporate bond issuances down by 25% in FY22
Ø Covid-hit MSMEs get Rs 6,062-crore boost
Ø India Ratings trims India’s FY23 growth forecast to 7-7.2%
Ø Ruchi Soya files FIR against circulation of text messages advertising FPO, says SMS not issued by company
Ø SEBI inching ahead to set up Social Stock Exchange
Ø Future Enterprises defaults on Rs 19.16 crore loan repayment
Ø ATF price hiked by 2% to all-time high
Ø ONGC share sale fully subscribed, govt to get Rs 3,000 cr next fiscal
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By: via @AlliesFin Serve Stock Market
