*Business News Headlines* 🇮🇳
*Economic Times*
Ø Steel prices may rise in February: Seshagiri Rao, Joint MD, JSW Steel
Ø Reliance Jio ARPU likely to keep rising, but Vi Q3 growth not enough
Ø Cyient to sell stakes in units offering low returns in 2022
Ø ONGC gains as arm says Brazil deep sea gas block commercially viable
Ø Sebi lens on Rama Bijapurkar's trades in ICICI Bank
Ø FPI-heavy stocks, newly-listed companies may have some more pain in store
Ø JM Financial Asset Reconstruction Company allowed to substitute Bank of India as petitioner
Ø PSU Bad bank, ARC reforms are awaited as NPA threat looms
Ø Need MGNREGA-like scheme for urban poor: HUL chief
Ø Climate change is enhancing innovation in technology and services
Ø Alcoholic beverage industry body hails Delhi govt for reducing number of dry days to three
*Business Standard*
Ø PSUs rush to raise offshore debt for ongoing projects, retiring older loans
Ø Tata group initiates process for takeover of Air India
Ø Gold nears two-month high as Russia-Ukraine tensions simmer
Ø Airtel board to decide on fundraising via preferential route on Friday
Ø India's addiction to expensive cooking oil imports seen lasting for 15 yrs
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 SBI Card Q3 net profit surges 84% to Rs 386 cr on higher card spends
*Financial Express*
Ø SEBI bans 14 entities in Lux Industries insider trading case
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