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Daily Digest 24 Feb Important News

+NSE launched Nifty India Municipal Bond Index – India’s first-ever.

+Divgi Torqtransfer Systems IPO will open between March 1 and March 3.

+India’s forex reserves declined by $5.68 billion to $561.27 billion in the week that ended on Feb 17.

+Air India is reportedly looking to hire over 4200 cabin crew and 900 pilots in 2023.



+US President Joe Biden has nominated former Mastercard CEO Ajay Banga to become the president of the World Bank.



+JioCinema will stream IPL 2023 for free.



Stocks in the news

PVR: opened a 11-screen multiplex in Lucknow.

NTPC: paid Rs 4,121.08 cr as interim dividend to shareholders.

Paytm: launched UPI lite.

IndiGo: may purchase over 100 aircrafts from Airbus.

Zydus Lifesciences: received approval from US authority to market generic drug that lowers cholesterol levels.

ZEE: NCLAT has paused the insolvency proceedings against Zee Entertainment.

SpiceJet: consolidated net profit stood at Rs 110 cr in the Oct-Dec quarter.

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