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Latest Updates – 26 March 2021

Latest Updates – 26 March 2021

latest news

Ø BPCL divestment process progressing well, with a sale completed by end of September: DIPAM Secy
Ø Reliance Retail tells govt e-commerce players to avoid foreign investment norms
Ø Focusing on investment from an odd 1,000 foot including Tesla: secy industries
Ø Amazon urges India not to change e-commerce investment rules: Sources
Ø Edelweiss Yield Plus Infrastructure acquires a share in Engie solar assets in India
Ø Sebi to set up a fund to buy stressed corporate bonds: FM Sitharaman

Ø Covid’s second wave unlikely to cancel India’s growth: RBI Governor
Ø Govt launches auctions for the second tranche of commercial coal mining
Ø Mukesh Ambani sees ‘tsunami opportunities’ for entrepreneurs
Ø BSNL, MTNL to acquire spectrum for 5G services without participating in the auction
Ø Sebi facilitates enrollment norms for start-ups; changes enrollment regulations

List of the important changes in Schedule-III of the Companies Act is applicable from 1-4-2021

Ø ONGC needs to increase exploration activities: Ministry
Ø Hitachi ABB Advanced power for energy transfer in India
Ø Tata Cleantech borrows up to 10 mbn yen from JICA
Ø NMDC plans ₹ 3,000 crore Capex, concentrates 42 mt iron ore output next fiscal
Ø Droom aims to enlist on the NASDAQ in H2 of 2022

Ø Disclosed all cryptocurrency deals, MCA to India Inc.
Ø Sebi to relax rules on the reclassification of a promoter as a public shareholder
Ø India will be at the heart of global growth, transformation: Mukesh Ambani
Ø Organic Laxmi finishes at a 26% premium, Craftsman makes a tepid start
Ø Subscribe to Barbecue Nation IPO 1.98 times on Day 2
Ø Byju’s to raise $ 600-700 million valued at nearly $ 15 billion

Year ending Tasks for GST for the financial year 2020-21

Ø India is about to play a “decisive role” in the 5G era: TRAI Secretary
Ø Habitat restored for stress relief under IBC: Sahoo
Ø India’s economic recovery seen’ without decline ‘despite infection boom: RBI governor
Ø Regulation should not restrict innovation in the fintech space: RBI governor

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