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

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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