Business News Headlines.

*Business News Headlines*🇮🇳

*Economic Times*

Ø SBI lines up 6 NPA accounts for sale to ARCs to recover dues of Rs 406 cr

Ø Lenders plan open bidding for Future Retail if RIL, Amazon's revival plan fails

Ø FPIs net sellers at Rs 6,834 cr in Feb so far

Ø Sebi should hear companies' views on splitting CMD roles, says FM Nirmala Sitharaman

Ø SBI Q3 profit surges 62% to ₹8,432 crore

Ø Cogent E-Services files draft papers with Sebi to mop-up funds via IPO

Ø Volkswagen does not see chip shortage ending this year

Ø Maruti expects production activity to pick up in Q4 as chip supply improves

Ø IPO-bound LIC ropes in 6 independent directors on its board

Ø Tata Power, resurgent outbid others for Southeast UP Power

Ø Crypto exchanges to brief policymakers on TDS tangles

Ø Worst of the semiconductor crisis may not be over: Bosch

*Business Standard*

Ø RBI postpones MPC meet to Feb 8 as Maharashtra declares public holiday

Ø Costlier oil and subsidy fall likely to hit consumption in FY23

Ø Confusion in the crypto universe: Budget leaves many unanswered questions

Ø Godrej Properties expects Jan-Mar to be best-ever qtr for sales bookings

Ø Adani Group forms new subsidiary to set up data centre in Mumbai

Ø Bank of Baroda Q3 net profit doubles to Rs 2,197 cr on lower provisions

Ø IndusInd initiates insolvency process against Zee Entertainment

Ø CCI penalises 7 entities for bid-rigging in tender related to SBI signage

Ø Cognizant to hire 50,000 freshers in CY22; highest ever for the company

Ø Kalrock-Jalan group in rush to revive Jet Airways ahead of March deadline

Ø Private capex may start picking up by end of next fiscal, says India Inc

Ø Budget 2022: Gati Shakti to take states on board, says DPIIT Secretary

*Financial Express*

Ø Stock holding limits on edible oil, oilseeds till June now

Ø Sensex may hit 1,00,000 in 5 years or less, says Jefferies’ Chris Wood; sees strong macro growth

Ø Centre to bring ATF inclusion in GST for discussion in next Council meet: FM Nirmala Sitharaman

Ø Rs 60,000 crore from LIC IPO built into FY22RE disinvestment receipt

Ø German economy shrank 0.7% in fourth quarter amid Covid-19 resurgence

Ø LIC listing being fast-tracked: Dipam secretary Tuhin Kanta Pandey

Ø Vedant Fashions fixes IPO price band at Rs 824-866, looks to raise Rs 3,149 crore

Ø DPIIT to soon approach Cabinet on FDI proposal for LIC: Secretary

Ø ATF price hiked by 8.5%; touches all-time high

Ø Govt prepared to deal with any global development: FM Sitharaman

Ø FPIs net sellers at Rs 6,834 cr in Feb so far

Ø Cogent E-Services files draft papers with Sebi to mop-up funds via IPO