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Companies including R Systems International, Huhtamaki India and Vijay Textiles will announce their December quarter results today.

The rating agency expects capital expenditure to rise to has to about Rs 7 lakh crore each fiscal 2022 and fiscal 2023 up from Rs 5.5 lakh crore achieved in fiscal 2021 on the back of a demand ramp-up by end-FY22 and a further pick-up in FY23 with an economic recovery.

Top bankers expect the momentum to continue, with an increase in demand and the government placing its thrust on infrastructure spending and capacity expansion.

The Dow Jones Industrial Average fell 622.24 points, or 1.78%, to 34,312.03, the S&P 500 lost 94.75 points, or 2.12%, to 4,380.26 and the Nasdaq Composite dropped 407.38 points, or 2.88%, to 13,716.72.

The exchange as well as EY, the consultant which gave the forensic report, insist that Anand Subramanian and the mysterious yogi are the same person, but according to Sebi and statements by former NSE CEO Chitra Ramkrishna and her controversial hire Anand Subramanian, there was indeed a third person.

The key concern raised by the industry is regarding the threshold of Rs 1,000 crore for related party transactions, beyond which companies will have to take approval from shareholders

While it may not be a shocker like it was when Andhra Bank was forced to reverse its decision of not exercising call option in December, 2019, this could cause ripples with investors seeking higher coupons in future bond sales.

Binance-owned WazirX, India’s largest crypto bourse, has seen daily sign-ups on its platform jump almost 30% since Feb. 1, when the government unveiled the levy on the transfer of digital assets in its annual budget, said co-founder Nischal Shetty.

The global brokerage has also set a new price target of Rs 855 (vs Rs 760 before) for the Sunil Mittal led telco.

Its revenue from operations during October-December 2021 jumped 2.31 per cent to Rs 7,625.28 crore, compared with Rs 7,452.87 crore in the year-ago period.