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*Business News Headlines* 🇮🇳

*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