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Vedanta s promoters will maintain over 50% stake in each of its demerged entities, as the focus remains on creating pure-play companies which will be better placed to capitalise opportunities.

Moody’s maintains a stable outlook for the Indian banking sector but anticipates some asset quality deterioration in unsecured retail, microfinance, and small business loans. Bank growth is predicted to slow to 11%-13% by FY26. Non-performing loans are expected to rise moderately to 2%-3%, and profitability will weaken slightly yet remain adequate.

The Reserve Bank of India (RBI) has introduced a new framework for recognising self-regulatory organisations (SROs) in the account aggregator ecosystem. SROs must be set up as a not-for-profit company with a minimum net worth of Rs 2 crore and report regularly to the RBI, ensuring adherence to guidelines and regulations.

“Dramatic changes in capital flows are the biggest risk… If every country starts retaliating and becomes an island, then it imperils the global system”

Hinduja Group-led IndusInd International Holdings (IIHL) mandated Barclays and 360 One to syndicate the debt, people cited above said. The bank on Monday disclosed accounting discrepancies in its derivative transactions affecting 2.35% of its net worth, raising alarm among potential investors.

According to BSE insider trading data, Kathpalia sold nearly 950,000 shares valued at ₹134 crore between May 24, 2023, and June 25, 2024, while buying 396,000 shares worth ₹34 crore. Similarly, Khurana sold 550,000 shares for ₹82 crore over 2023-24 and purchased 238,000 shares worth ₹25 crore.

The discount in the auction on Wednesday was 30 paise, while the previous OMO auctions have seen discounts of 40-50 paise. The next OMO purchase is scheduled for March 18, where the liquidity deficit is expected to widen after quarterly advance tax-related outflows.

The Hero MotoCorp-backed company will seek to raise ₹3,700-4,000 crore through the public issue, the people said. This would mark the first IPO since the ₹859 crore public issue of Quality Power Equipments on February 18.

The QIP market seems to be showing signs of revival. On Tuesday, Hitachi Energy India s ₹2,000 crore QIP - the largest such offering so far this year - was subscribed two times. With demand doubling, the company is likely to partially exercise the green shoe option. On Tuesday, another company, Centum Electronics, launched a ₹250 crore QIP.

Wall Street experiences volatility as tariffs from President Trump s trade war prompt retaliations from other countries. Stocks for U.S. companies like Brown-Forman and Harley-Davidson plummet due to new European Union tariffs. Additionally, AI-related companies see gains, and bond yields begin to recover.