Scoreboard
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The Reserve Bank of India (RBI) will conduct an overnight Variable Rate Repo (VRR) auction worth ₹1 trillion on March 23, 2026, to manage short-term liquidity conditions. The move reflects proactive monetary policy action aimed at stabilizing financial markets and ensuring adequate liquidity within the banking system.
Kesar India Limited has acquired a 4-acre plot in Nagpur’s MIHAN-SEZ through its subsidiary YK Infraproject Pvt. Ltd. The land parcel, with an estimated Gross Development Value of Rs. 600 crore, will be developed into a premium mixed-use project featuring commercial, residential, and luxury spaces.
Motivity Labs Inc., the US-based step-down subsidiary of Magellanic Cloud Ltd., has won multiple high-value purchase orders worth USD 4.70 million (~INR 39 crores) from a leading multinational company. The deal strengthens Magellanic Cloud’s global growth trajectory in technology and data engineering services.
Chemplast Sanmar Ltd has announced key leadership changes effective April 1, 2026, with the appointment of A R Balaji as Chief Financial Officer and P Srinivasan as Company Secretary and Compliance Officer, following the stepping down of N Muralidharan and M Raman due to realignment of responsibilities.
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