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The dollar was kept on the back foot on Wednesday as hopes for a breakthrough in Russia-Ukraine peace talks lifted the euro, while the under-pressure yen steadied even as the Bank of Japan redoubled efforts to pin down bond yields.

Last week, Bharti Airtel had said it will acquire 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore.

At the end of last year, 13 banks together held the largest share of the micro loan portfolio with total loan outstanding at Rs 1.04 lakh crore, which is 40.4% of total microfinance universe. NBFC-MFIs are second largest provider of micro-loans with collective loan outstanding of Rs 87,444 crore,

Sitharaman defended the 137-day hiatus in fuel price revision, saying the disruption in supply chains and the resultant increase in global oil prices due to the war in Ukraine was a "couple of weeks" phenomenon.

The bank has on March 28, 2022, accepted the offer to acquire 10,00,000 equity shares of Open Network for Digital Commerce, ICICI Bank said in a regulatory filing.

It further said Vedanta could achieve an EBITDA of Rs 450 billion in FY22 and FY23, revised from the earlier estimate of Rs 390 billion.

Shares in the world’s largest company rose 1.4% for an 11th straight positive trading day -- a rare feat in its 41-year stock market history, and one that has erased all of its year-to-date losses.

According to the latest RBI data, a net of $4.27 billion long forwards contracts will mature until April end.

Continuing its winning streak for a fourth straight session, the rupee on Tuesday appreciated by 36 paise to 75.80 against the US dollar.

A divergent trend was seen among Nifty and index heavyweights, with levels of 200-day average acting as stiff resistance for the Bank Nifty, whereas Nifty managed to sustain above its 200-day average levels.