▫️Indian Banks wrote off bad loans worth ₹38,974 crore in Q3’FY22.
▫️Hyundai Pakistan’s derogatory tweet for Kashmir received strong retaliation from Indian Government. South Korean Finance Minister expressed regret and apology to Indian government.
▫️LIC may file DRHP today with SEBI for IPO.
▫️Tata Steel has put of plans to divest European businesses as they are self sustainable.
▫️Adani Power has dropped Rs 10,000 crore compensatory demand from Gujarat Urja Vikas Nigam Limited.
▫️Bank fraud cases have jumped to 1.45 lakh in FY21 from 1.35 lakh in FY20.
▫️ Government received Rs 914 crore from GAIL as dividend.
▫️Vedanta will not undertake any corporate restructuring.
▫️TVS Motors to roll out full portfolio of EVs in next 8 quarters.
▫️Ashok Leyland launched new CNG Goods Vehicle.
▫️SJVN has signed a MOU to develop 10,000 MW Solar Power Project in Rajasthan.
▫️Wockhardt gets approval to export 10 crore Sputnik vaccine.
▫️ Mahindra Lifespace to offer Rs 3-5 lakh health insurance to home buyers in its projects.
▫️Gautam Adani overtakes Mukesh Ambani as Asia’s richest person.
▫️RBI begins 3 day monetary policy meet to decide on key rates.
▫️New business premium of life insurance companies grew by 3% during January’22.
▫️ Treasury income of Banks fell due to sharp rise in government bond yields.
▫️Coin DCX, Bitcoin trading platform has claimed they have 1 crore users on its platform.
▫️Inox Green Energy files Rs 740 crore IPO papers.
▫️Spain ends mandate to wear masks.
▫️ Maharashtra is aiming at record sugar output this season.
▫️ According to Naukri job index hiring rose by 41% in January’2022.
▫️ European Union joins semiconductor chip race with an investment of $43 billion.
▫️ Domestic air traffic dipped 43% in January, due to spread of omicron variant.
▫️Zerodha becomes second largest shareholder of BSE after LIC.
▫️Tata Group has opted out of Rs 18,100 crore PLI scheme for EV batteries.
▫️Tata Steel to set up mini steel recycling plants.
▫️IDFC First Bank raised Rs 1,500 crore via Tier 3 bonds.
▫️Canada to introduce pricing reforms for drugs, this may help Indian pharmaceuticals firm.
▫️ BlackRock flags concern over accounting discrepancies in Spicejet.
▫️ Swiggy is in talks to acquire table booking app Dineout.
▫️PUBG Creator Krafton to build AI powered virtual humans.