The Maharashtra government on March 16 announces fresh curbs amidst rising COVID-19 cases in the state. The state government has decided to put a cap of 50 people in place for weddings, while all other public gatherings – social, cultural, political and religious – have been completely banned. In addition, not more than 20 people will be allowed at funerals.

Robinhood bought recruiting firm Binc for an undisclosed sum, adding more than 80 employees to help the U.S. online brokerage recruit talent. "The addition of Binc will double the size of our recruiting organization, helping us rapidly scale our team to better serve our customers," Robinhood said in a statement. The company was actively hiring across its U.S. offices & remote locations.

AstraZeneca Plc's results on 30,000-person US COVID-19 vaccine trial are currently being reviewed by independent monitors to determine whether the shot is safe and effective. If the data are positive and all goes well, said Dr. Francis Collins, director of the National Institutes of Health, the USFDA could complete its reviews and issue an emergency use authorization in about a month.

Kalyan Jewellers India Ltd on Monday bagged Rs 352 crore from anchor investors ahead of its initial share-sale, which opens for public subscription on Tuesday. The company' IPO committee has decided to allocate 4,04,48,275 shares at Rs 87 per piece to 15 anchor investors. At this price, the firm garnered Rs 351.89 crore, Kalyan Jewellers informed BSE.

A model and makeup artist, who accused Zomato's delivery man of attacking her over alleged delayed service, was booked by the police on Monday. Hitesha Chandranee is charged with wrongful restraint, assault, intentional insult, and criminal intimidation based on the delivery man complaint. According to the officer, Kamaraj stated that Hitesha hit him with slippers, accused him of defaming her.

Moderna Inc announced on Monday it had dosed the first patients in an early-stage study of a new COVID-19 vaccine candidate for evaluation as a next-generation shot. The company said its new candidate, mRNA-1283, could potentially be stored in refrigerators instead of freezers, making it easier to distribute, especially in developing countries.

Porinju Veliyath is a renowned Indian investor and fund manager, who manages his own and portfolios of investors through his fund management firm "Equity Intelligence India Private Limited". Here are his top 5 holdings: [1] Somany Home Innovation (Rs 29 cr), [2] Agro Tech Foods (Rs 21.1 cr), [3] RPSG Ventures (Rs 17.7 cr), [4] Orient Bell Tiles (Rs 14.5 cr), and [5] Gati Ltd (Rs 13.1 cr).

Adani Ports and Special Economic Zone Ltd (APSEZ) on March 15 confirmed the winning of a Letter of Intent (LoI) from the Ministry of Ports and Shipping of Sri Lanka and the Sri Lanka Ports Authority for the development and operations of West Container Terminal (WCT) in Colombo. For this project, APSEZ will partner with John Keells Holdings PLC and Sri Lanka Ports Authority (SLPA).

Viacom18 Media Pvt Ltd confirmed changes in its leadership team with a focus on scaling and bolstering its digital and broadcast businesses. Ferzad Palia, former head of the company’s subscription service VOOT Select and its international business will head all SVoD (subscription video-on-demand) services now including VOOT Select and VOOT Kids.

The offer for sale (OFS) of the Government of India's (GoI) equity in Tata Communications Ltd (TCL) would open only for non-retail investors on March 16, said the Union Ministry of Communication and Information Technology in a regulatory filing. Retail investors would be allowed to bid for the government stake on March 17, which is the second day of the sale.

Stripe continues to attract investors, raising $600 million in funding to reach a whopping company valuation of $95 billion. The online payment company is by far the most valuable private fintech company in the world. It will expand its global payments and treasury network. Some of its clients include Jaguar Land Rover, Maersk, Deliveroo and Klarna.

MG Motor India on Monday joined hands with IIT Delhi’s Centre for Automotive Research and Tribology for electric and autonomous vehicles research. The partnership through the Foundation for Innovation and Technology Transfer aims at furthering the automaker's focus on CASE mobility through supporting research for electric and autonomous vehicles deployment.

FM Nirmala Sitharaman on Monday introduced a Bill in Rajya Sabha that seek to amend the Insurance Act to pave the way for 74% foreign direct investment (FDI) in the sector. The Union Cabinet on Wednesday had given its nod for amendments in the Insurance Amendment Bill 2021. Finance Minister Sitharaman introduced the Bill for amendments in the Insurance Act, 1938.

Here are the top 5 automobile stocks' 1-year performance (according to their market capitalisation, updated on March 12,2021) : [1] Maruti Suzuki (m-cap - Rs 214 K cr, gain- 26%), [2] Tata Motors (m-cap - Rs 112 K cr, gain- 260%), [3] Bajaj Auto (m-cap - Rs 108 K cr, gain- 60%), [4] Mahindra & Mahindra (m-cap - Rs 106 K cr, gain- 102%), [5] Eicher Motors (m-cap - Rs 72 K cr, gain- 56%).

Jindal Stainless on Monday announced it will bear the cost of COVID-19 vaccination for its over 35,000 direct and indirect employees and their families across India. The company did not provide any estimated cost or timeline for the vaccination process. Notably, JSL is the country's largest stainless steel maker with a melt capacity of 1.1 MT per annum at its facility at Jajpur, Odisha.