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Maruti Suzuki India appointed and re-designated Hisashi Takeuchi as the managing director (MD) and chief executive officer (CEO) of the company for a period of three years with effect from 1 April 2022 to 31 March 2025.

Banking stocks were trading in the negative zone, with the S&P BSE BANKEX index falling 720 points or 1.74% at 40610.89 at 13:51 IST.

The move comes a day after Invesco won its appeal in the Bombay High Court against the media company.

As per Reserve Bank of India (RBI) data, a total FDI inflow of US$ 74.01 billion has been reported in the calendar year 2021 as compared to US$ 87.55 billion in the calendar year 2020.

Financials stocks were trading with losses, with the S&P BSE Finance index falling 109.36 points or 1.39% at 7763.99 at 13:51 IST.

Mr. Ayukawa filled up the position of Managing Director of Maruti Suzuki India Limited since April 2013.

The revision in outlook reflects CRISIL Ratings’ expectation that KIL’s credit risk profile may improve in the near term.

A meeting of the board of directors will take place on Tuesday, 29 March 2022.

Marico Ltd is quoting at Rs 482.05, down 0.53% on the day as on 13:24 IST on the NSE. The stock jumped 21.12% in last one year as compared to a 19.87% rally in NIFTY and a 7.73% spurt in the Nifty FMCG index.

Consumer Durables stocks were trading in the negative zone, with the S&P BSE Consumer Durables index falling 608.74 points or 1.39% at 43118.23 at 13:51 IST.