Tuesday, March 17
Washington Post has named Jeff D’Onofrio as its acting Chief Executive Officer and Publisher following the departure of Will Lewis, whose tenure ended this week after a fresh round of mass layoffs at the storied newsroom.D’Onofrio, who has been serving as the Post’s Chief Financial Officer since June 2025, steps into the top job at a moment of deep uncertainty for the publication. The leadership change comes days after the paper laid off roughly a third of its staff, including foreign correspondents and US-based journalists, triggering widespread criticism and condemnation from figures such as US Senators Bernie Sanders and Elizabeth Warren.Also Read: Washington Post CEO, publisher Will Lewis resigns after mass lay offs, cites reason behind leaving Jeff Bezos' newspaperJeff D’Onofr
The combined market valuation of eight of the top 10 valued firms jumped by a whopping Rs 4.55 lakh crore last week, with Reliance Industries emerging as the biggest winner, in line with a remarkable rally in equities.Last week, the BSE benchmark surged by 2,857.46 points or 3.53 per cent.From the top-10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Life Insurance Corporation of India (LIC), and Hindustan Unilever were the gainers, while Tata Consultancy Services (TCS) and Infosys saw their valuations erode.The combined market valuation of the eight firms was Rs 4,55,336.36 crore.Reliance Industries added Rs 1,41,887.97 crore, taking its market valuation to Rs 19,63,358.79 crore.LIC's valuation zoomed Rs 64,926.1 crore to Rs 5,70,198.5
After three consecutive months of heavy selling, foreign portfolio investors (FPIs) turned net buyers in the first week of February, infusing more than Rs 8,100 crore in Indian equities, aided by improving risk sentiment, along with a trade deal with the US.The inflows follow sustained withdrawals in recent months, with FPIs pulling out Rs 35,962 crore in January, Rs 22,611 crore in December, and Rs 3,765 crore in November, data with the depositories showed.Overall, in 2025, FPIs pulled out a net Rs 1.66 lakh crore (USD 18.9 billion) from Indian equities, marking one of the worst periods for foreign flows. The selling was driven by volatile currency movements, global trade tensions, concerns over potential US tariffs and stretched equity valuations.According to the data, FPIs invested Rs 8
