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Economic Times Ø Persistent Systems sustains revenue growth aided by strong deal momentum Ø Sebi nod means distressed asset funds can buy bad loans directly from banks Ø Boat set to float Rs 2,000-crore IPO, eyes $1.5-2 billion valuation Ø Air India PF asset sale to weigh on bond market Ø India on growth path with innovation, digitalisation: Anil Agarwal Ø Naina Lal Kidwai resigns from Cipla board Ø TCS 2nd most valuable IT services brand globally, 5 others in top 25 tally: Brand Finance Ø Vedanta demerger call by March-end: Anil Agarwal Ø State-run TCIL's 30 pc stake in Bharti Hexacom valued at around Rs 8,900 cr Ø Padma honours for Microsoft's Satya Nadella, Google's Sundar Pichai Ø India initiates anti-dumping probe against imports of vinyl tiles from China, Taiwan, Vietnam Business Standard Ø Air India likely to be handed over to Tata group on Thursday Ø Brokerages upgrade estimates on Maruti on new launches, positive guidance Ø LIC exits Air India debt at a profit, sells back entire Rs 3,800 cr holding Ø S&P upgrades outlook on Axis Bank to positive on improved asset quality Ø Indian equity market remains among the most expensive globally, shows data Ø Reliance Industries expects bumper profits from global gas crunch Ø Dreamfolks Services files draft papers with Sebi to raise funds via IPO Ø Power sector stocks may continue to shine as economic activity recovers Ø Microsoft, Telangana seal deal for Rs 15,000-cr data centre in Hyderabad Ø Adani Wilmar to use Rs 450 cr from IPO proceeds to tap inorganic growth Ø Centrum Broking gives 'buy' call for Concor, Polycab India, Axis Bank Financial Express Ø FPIs dump Indian equities worth $2 billion so far in January Ø SEBI proposes framework to regulate ESG rating providers Ø Supreme Industries Q3 profit down 21.3% at Rs 245.72 crore Ø Telecom department will not interfere in mobile manufacturing, says IT Minister Ashwini Vaishnaw Ø FDI flows to India slip 26 per cent in 2021: UN report Ø Bank of Baroda plans to raise up to Rs 1,000 cr via AT-1 bonds Ø Paper packaging segment revived fastest during Covid Ø Manyavar-owner Vedant Fashions gets Sebi’s go ahead to float IPO Ø Borrowing cost for states rises on increase in G-Sec yield Ø IT sector: Healthy growth likely in a weaker season Ø Cabinet nod to Rs 1,500-cr equity infusion in IREDA
