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Tata Elxsi, ICICI Securities, Angel One, Glenmark Life, JTL Infra, RIIL, Add-Shop e-retail and Indbank Merchant Banking are among the companies that will announce their March quarter results today.

The Dow Jones Industrial Average rose 499.51 points, or 1.45%, to 34,911.2, the S&P 500 gained 70.52 points, or 1.61%, to 4,462.21 and the Nasdaq Composite added 287.30 points, or 2.15%, to 13,619.66.

"This (bill) is with the intention of making the three institutions a lot more transparent in their disciplinary matters, and raise the quality of the disciplinary processes. "Above all, I think this would also facilitate India to be able to support institutions and firms which can be encouraged by the council to create something (completely of India origin) similar to the Big Four, which we periodically talk about," Finance and Corporate Affairs Minister Nirmala Sitharaman said in the Rajya Sabha on April 5.

The local funds had the second largest equity AUM at the end of March 2022 following foreign portfolio investors (FPIs) with an AUM of Rs 47 lakh crore. The share of local mutual funds in the country’s market capitalization rose by 300 basis points to 8% over the past year.

​​The Reserve Bank of India (RBI has said that India will grow at the rate of 7.2 percent in 2022-23, while the second advance estimate of the Ministry of Statistics and Programme Implementation had said that GDP growth would be 8.9 percent in 2021-22. ​

While the Kanorias had moved court against the KPMG report, the latest move by Punjab & Sind Bank may prompt other banks to follow suit. The state-owned lender has declared both the non-performing loan accounts of Srei Infrastructure Finance and SREI Equipment Finance as frauds and reported these to the Reserve Bank of India as per regulation.

During 2021-22, individual non-single premium rose 8.82% to Rs 30,016 crore from Rs 27,584 crore at the end of March 2021. The total first year premium (FYP) of the life insurer rose by 7.92% to Rs 1.98 lakh crore in March 2022 from Rs 1.84 lakh crore in the previous fiscal.

In its order, Sebi noted that Singh brothers, RHC Holding, Malav Holdings and Shivi Holdings played a key role in the diversion of funds in the garb of investment through ICDs from Fortis Hospitals/ Fortis Healthcare, as the funds from the listed company moved through various conduit entities.

In the process document issued by banks, prospective buyers with a minimum net worth of ₹300 crore and a consolidated group turnover of ₹2,000 crore have been invited to bid. In the case of financial investors like funds or asset reconstruction companies, the minimum asset under management (AUM) threshold has been set at ₹5,000 crore.

The blue-chip FTSE 100 edged down 0.2%, with spirits maker Diageo, Dove soap maker Unilever and personal goods maker Reckitt Benckiser Group all falling between 2.1% and 1.5%.