News Overview

On 24 March 2022

RailTel Corporation is a Mini Ratna PSU and a leading neutral telecom infrastructure provider.

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.

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

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.

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.

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.

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

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.

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