INDIA CORPORATE WEEK IN REVIEW 23 March – 28 March 2026 |

MONDAY  •  23 MARCH 2026

#1  🏛️  Corporate Laws Bill Introduced

2  Acts amended

Govt introduced Corporate Laws Amendment Bill 2026 in Lok Sabha. Targets Companies Act & LLP Act. Focus: fewer penalties, simpler rules for businesses.

#2  💰  Vedanta Dividend — Record Date Today

₹11  per share

Vedanta declared 3rd interim dividend of Rs 11/share. Record date: March 28. Shareholders today get paid.

#3  🏦  Indian Bank Raises Big Money

₹5,000 Cr  raised

Indian Bank raised Rs 5,000 crore via 10-year bonds at 7.15% coupon. Capital boost amid high global rates.

#4  🚗  Tata Motors Hikes Car Prices

0.5%  price hike from Apr 1

Tata Motors raising prices on petrol/diesel cars from April 1. Reason: higher raw material and logistics costs.

#5  🛣️  Ceigall Wins Highway Project

₹603 Cr  NHAI contract

Ceigall India won a 6-lane highway project under NHAI. Adds to order book. Good for construction pipeline.

#6  🛡️  DCX Systems: Defence Order Won

DCX Systems bagged a large defence order. Improves revenue outlook for the defence electronics company.

#7  🤖  Infosys + Formula E: AI Race Centre

Infosys launched an AI-powered race centre with Formula E. Boosts global tech brand in motorsport analytics.

TUESDAY  •  24 MARCH 2026

#8  📉  India Business Activity — 3-Year Low

3-Yr  lowest PMI since

India's private sector activity hit a 3-year low in March. New orders slowest in 3+ years. Companies absorbing rising costs.

#9  🏦  HDFC Bank Governance Crisis Deepens

HDFC Bank under scrutiny after chairman resigned. Concerns over mis-selling of Credit Suisse AT1 bonds. Board working to fix governance gaps.

#10  🤝  Motherson Buys Stake in Renewables SPV

28.15%  stake acquired

Motherson bought 28.15% in Hinduja Renewables Energy SPV. Company entering clean energy space.

#11  💻  Wipro Enters South Korea

Wipro expanded to South Korea. New geography adds to global IT footprint during tough demand environment.

#12  🏗️  GR Infra Wins Major NHAI Project

GR Infrastructure secured a big highway project from NHAI. Adds strongly to order pipeline.

#13  🎬  PVR INOX Expanding Screens Fast

PVR INOX adding more screens across India ahead of busy summer movie season.

WEDNESDAY  •  25 MARCH 2026

#14  🏘️  Puravankara — Big Growth Plan Announced

Puravankara unveiled a transformative growth roadmap from Bengaluru. Major real estate expansion on the way.

#15  📊  Nifty Rejig — Airtel Gets More Weight

$246M  passive buying for Airtel

In NSE's index rebalance, Bharti Airtel gets biggest bump. HDFC Bank loses $29M, Reliance loses $25M in passive flows.

THURSDAY  •  26 MARCH 2026

#16  🏦  HDFC Bank CEO Breaks Silence

5%+  HDFC Bank stock fell

CEO Jagdishan said board was surprised by chairman's sudden exit. No discord between them. RBI approved Keki Mistry as interim chairman for 3 months.

#17  💻  TCS + ABB: Industrial AI Partnership

TCS signed MoU with Swiss giant ABB for IT infrastructure, industrial AI, and data centre projects.

#18  🏭  JSW Cement Opens Rajasthan Plant

2.5 MTPA  cement capacity added

JSW Cement launched its greenfield plant in Nagaur, Rajasthan. Now serving North India: Rajasthan, Haryana, Punjab, NCR.

#19  🏥  Tata Elxsi Opens Medical Tech Centre for Japan

Tata Elxsi launched offshore development centre for Tokyo's Terumo Corp. Focus: heart and blood vessel medical devices.

FRIDAY  •  27 MARCH 2026

#20  🛢️  Govt Cuts Fuel Excise by Rs 10/Litre

₹10/L  excise duty cut

Govt slashed excise duty on petrol and diesel. No change at pump — OMCs (IOC, BPCL, HPCL) get the relief. They were losing Rs 2,400 crore daily. Review in 15 days.

#20b  📉  Goldman Sachs Downgrades India

25,900  new Nifty target (was 29,300)

Goldman cut India to 'marketweight'. GDP forecast slashed to 5.9%. Expects 50 bps more RBI rate hikes. Earnings downgrade cycle in 2-3 quarters.

#20c  ⚡  Nayara Energy Hikes Fuel Prices

₹5/L  petrol price hike

Nayara Energy (6,967 pumps) raised petrol by Rs 5 and diesel by Rs 3. First major retailer to pass on oil cost pain to customers.

#20d  📈  HEG Jumps 14% on Graphite Price Hike

+14%  HEG stock surged

GrafTech hiked graphite electrode prices by $600-$1,200/tonne. HEG Ltd is a direct beneficiary. Stock soared even as market fell 2%.

#20e  💻  OFSS Signs $100M US Banking Deal

$100M  deal signed

Oracle Financial Services signed $100 million perpetual software deal with a US bank. One of biggest Indian IT deal this quarter.

#20f  ☀️  Waaree Wins 300 MW Solar Contract

300 MW  solar EPC project

Waaree Renewable signed contract to build 300 MWac ground-mounted solar plant. To be completed in FY2027-28.

#20g  🏦  IREDA Interim Dividend — 60 Paise/Share

₹0.60  dividend per share

IREDA's board declared Rs 0.60 per share interim dividend for FY2026. Record date: April 2, 2026.

SATURDAY  •  28 MARCH 2026

SAT  📅  Market Holiday — No Trading Today

BSE and NSE closed. Vedanta dividend record date falls today — shareholders on register today get Rs 11/share. Next market open: Tuesday April 1. Mahavir Jayanti on March 31 also a holiday.