Five of the top 10 most valued firms together lost Rs 86,447.12 crore in market valuation last week, with Infosys, Tata Consultancy Services and State Bank of India taking the biggest hit.

Last week, the BSE benchmark fell 462.8 points or 0.79 per cent.

While Reliance Industries Limited, Tata Consultancy Services (TCS), HDFC Bank, Infosys and State Bank of India suffered erosion from their valuation, ICICI Bank, Hindustan Unilever Limited, ITC, HDFC and Bharti Airtel posted gains.

BCCI announced their new contract list of 26 players on March 26 as many got promoted in the pay slab category, there are some players who were demoted in the new contract. Sunday was the pay hike day for Indian all-rounders as Ravindra Jadeja, Hardik Pandya, and Axar Patel moved up the order from their previous category slabs. Jadeja who made his fiery comeback against Australia in Border Gavaskar Trophy is promoted from A to A+ category. While Indian limited overs vice-captain Hardik Pandya and all-rounder Axar Patel moved from B to A category.

Veteran Malayalam actor Innocent passed away at 75 on March 26. The actor was best known for his comedy roles like Ramaji Rao speaking, Mannar Mathai speaking, Godfather, and Vietnam colony and the actor also impressed the fans with negative roles like Kei and Kothodu Kathoram. The actor’s demise has left the industry in shock and several actors paid their tributes on social media.

On Sunday, Dulqueer Salmaan took to his Instagram and shared a couple of pictures of Veteran actor Innocent and penned down a heartfelt note.

Covid cases in India rose to a five-month high, with 1,890 new cases recorded on March 25, according to the Ministry of Health data. This is the highest number since October 28, 2022, when daily cases reported were 2,208.

The rise in Covid cases has coincided with the H3N2 influenza that has killed two persons so far in the country.

Khalistani leader and Waris Punjab De chief Amritpal Singh is currently on the run, while the Punjab Police and intelligence agencies are closing in on clues to decipher where he might be hiding. Now, old evidence suggests that Amritpal had interactions with many women.

Amritpal Singh, who has been known to spread the Khalistani ideology throughout Punjab through his radical outfit, is also reportedly a philanderer and a womanizer and has had multiple extramarital affairs since he got married in February 2023 to UK NRI Kirandeep Kaur.

The Hinduja group is learnt to have backtracked from making a minimum Rs 8,950-crore offer for Reliance Capital (RCap) – a deal that it had belatedly put forth in December, after Torrent Investments emerged as the highest bidder for the bankrupt firm in the challenge process.
The Hindujas’ latest move has put Indian lenders, with an exposure of Rs 24,000 crore, in a spot as it was the former’s revised offer that led to a call for a second auction and litigation by Torrent, which had placed a bid of Rs 8,649 crore in the first auction. Torrent has moved the Supreme Court and plans to wait for the apex court verdict before participating in any fresh auction.

Congress leader Rahul Gandhi on Saturday said that he was not Veer Savarkar and will not apologise.

"I am a Gandhi and not Savarkar and Gandhis do not apologise," he said at a press conference here a day after his expulsion from Parliament following his conviction in a defamation case.

The Rs 865 crore initial share sale of electronic manufacturing services firm Avalon Technologies will open for public subscription on April 3.

The three-day initial public offering (IPO) will close on April 6, and the bidding for anchor investors will open on March 31, according to the red herring prospectus (RHP).

Tube Investments of India (TII) and Premji Invest (PI) on Saturday signed a share purchase agreement to acquire 100 per cent equity capital of Lotus Surgicals (Lotus) from India Medical Consumables Holdings (a Samara Capital entity) and other shareholders.

TII will acquire 67 per cent, while PI will acquire the remaining 33 per cent, subject to the completion of certain conditions. Currently, Lotus is engaged in the business of wound closure products.

Reliance Industries on Friday announced that it has appointment of Venkatachari Srikanth, 56, as its new Chief Financial Officer (CFO), from 1 June, 2023.

The company said current CFO Alok Agarwal, will move to the new role as Senior Advisor to the Chairman and Managing Director of Reliance Industries from 1 June, 2023.

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