BUSINESS HIGHLIGHTS

New Delhi, Mar 13 (PTI) Following are the top business stories at 2025 hours:

     DCM88 BIZ-INDIA-GROWTH
     * India to be 3rd largest economy by 2028: Morgan Stanley
     New Delhi: India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. *

     DEL60 BIZ-PATANJALI-MAGMA INSURANCE
     * Patanjali Ayurved, DS Group to acquire Magma General Insurance from Poonawala's Sanoti Properties
     New Delhi: Yoga Guru Ramdev-led Patanjali Ayurved and Rajnigandha maker Dharampal Satyapal Group (DS Group) will acquire Magma General Insurance at a valuation of Rs 4,500 crore from Sanoti Properties LLP, a company statement said on Thursday. *

     DEL41 BIZ-LD-STOCKS
     * Sensex falls for 5th session on selling in realty and auto shares
     Mumbai: Benchmark BSE Sensex reversed its early gains to close lower by 200 points on Thursday, marking its fifth straight session of losses due to selling in realty, IT and auto counters. *

     DCM15 BIZ-AUTO SALES-LD SIAM
     * Domestic passenger vehicle dispatches show resilience in Feb at 2 pc annual growth: SIAM
     New Delhi: Domestic passenger vehicle dispatches from factories to company dealers rose 1.9 per cent year-on-year to 3,77,689 units in February amid slowing demand, industry body SIAM said on Thursday. *

     DEL64 BIZ-LD RUPEE
     * Rupee surges 17 paise against US dollar
     Mumbai: The rupee surged 17 paise to settle at 87.05 against the US dollar on Thursday following robust macroeconomic data and easing crude oil prices.

     DCM94 BIZ-REALTY-BLACKSTONE-KOLTE PATIL
     * Blackstone to buy 40 pc stake in Kolte-Patil Developers for over Rs 1,150cr
     New Delhi: Global investment firm Blackstone will acquire a 40 per cent stake in Pune-based realty firm Kolte-Patil Developers Ltd for Rs 1,150 crore. *

     DCM65 BIZ-FITCH-ADANI
     * Fitch removes Adani Energy from rating watch negative
     New Delhi: Fitch Ratings has removed Adani Energy Solutions Ltd from a rating watch and assigned it a negative outlook, saying Adani group has demonstrated adequate funding access since the US indictment of its key executives. *

     DEL46 BIZ-GOLD-PRICE
     * Gold reclaims all-time high level of Rs 89,450/10g amid firm global cues
     New Delhi: Gold prices climbed by Rs 600 to revisit the all-time high of Rs 89,450 per 10 grams in the national capital on Thursday amid a firm global trend, according to local marketmen. **

(This story has not been edited by THE WEEK and is auto-generated from PTI)