India are now scheduled to play three Tests and three ODIs during the tour, which will start with the first Test in Johannesburg on December 17.
Resuming the day at 221 for four, India scored 64 runs in the morning session with the loss of two wickets.
The release puts to rest speculation of likely tough selection calls being taken by the team management in the wake of below-par performances from Ishant Sharma and Ajinkya Rahane in the opening Test at Kanpur.
Among foreign players, Glenn Maxwell, Jos Buttler, Sunil Narine, Andre Russell, and Anrich Nortje were retained. All-rounder Kieron Pollard made the cut for Mumbai Indians whereas Moeen Ali was chosen over the likes of Sam Curran, Faf du Plessis and Dwayne Bravo at Chennai Super Kings.
Iyer, who had kept a cautious eye while defending and rotating the strike, stepped out to smash Ajaz Patel for a six down the ground. He then reached his half-century in 109 balls, becoming the first Indian batter to get a century in the first innings and then follow it up with a half-century in second innings on debut.
Despite changing and chopping their squads, captain and coaching staff almost every season, Punjab haven't achieved much success in the history of the cash-rich league.
After the break, Ashwin was bowled by Ajaz Patel, beaten by a ball turning sharply from outside leg-stump. Patel got his second wicket of the match by trapping Ishant Sharma plumb lbw. Sharma took the review but replays showed the ball hitting top of middle and leg stump, completing a comeback by New Zealand, picking the last six wickets for 87 runs.
After Wriddhiman Saha nicked behind to keeper Tom Blundell off Southee in the 93rd over, Ravichandran Ashwin took consecutive boundaries off him.
New Zealand skipper Kane Williamson said he would have also elected to bat first if he had won the toss
Taylor, who has scored just 382 runs in 15 innings with an average of 25.46 in Tests in India, mentioned playing the hosts at home is the toughest challenge in Test cricket apart from facing Australia in their backyard.
In October, the national cricket board had confirmed that franchises from Lucknow and Ahmedabad will be added to the 2022 edition of the lucrative league, making it the only second edition of the tournament to have ten teams.
It was the 5th successive 50-run stand between Rohit and Rahul in T20Is. In search of wickets, New Zealand introduced spin and it worked well for them. Both Ish Sodhi and Mitchell Santner bowled in tandem and put brakes on the scoring rate as batters failed to find boundaries for a few overs.
The duo's remarkable effort in the middle gave the pace attack some respite and newcomer Harshal Patel, who made his T20I debut four days shy of his 31st birthday, returned with impressive figures of 2 for 25.
Making his Test debut against England in 2004, de Villiers has been one of the star performers of South Africa.
Test vice-captain Pat Cummins looks set to become the first pace bowler to lead the Test side in 65 years.
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