Business News – 30 March 2021

Ø India, US agree to revamp strategic energy partnership

Ø Adani, Torrent submit EoIs for South-East UP Power Transmission Company

Ø Government not inclined to bear loan moratorium costs

Ø Solar installations on pace for biggest growth in five years, IHS Markit says

Ø CCI’s WhatsApp probe order a red flag for Big Tech

Ø India against Asean in supply chain trilateral


Ø Sebi cracks down on pseudo buy and sells orders designed to deceive

Ø Nomura, Credit Suisse warn of big losses after Archegos share dump

Ø Gupta’s Liberty Steel to restart operations, in talks with UK government

Ø Amazon plans to step up e-payments, financial services in India

Ø Govt gets multiple EoIs for privatisation of Neelachal Ispat Nigam

ITR Doesn’t Indicate Savings Bank Interest? Income Tax will send you an SMS to remind you to revise your returns and check your compliance status. 

Ø HPCL buys out Shapoorji Pallonji stake in joint venture LNG terminal

Ø Biocon forms tie-up with Libbs Farmaceutica

Ø UK rejects $234-million bailout request from Sanjeev Gupta’s GFG

Ø GameStop takes $6-bn round trip as results shrugged off

Ø Tatas unlikely to cede ground to Mistry on stake valuation, sale


Ø US suspends all trade engagement with Myanmar until the elected government returns

Ø Ascendas India Trust to acquire space in Bengaluru IT park for ₹1,441 crore

Ø Manappuram Finance looks to take Asirwad Microfinance public

Ø Actis to set up 2 green firms with $850 million

Ø BSNL gets the DoT nod for hybrid 4G tender

Ø Global banks warn of possible losses from hedge fund default

Ø Ever Given starts to move in Suez Canal: maritime traffic tracking sites