• India’s Inflation Slows to 15-Month Low Before RBI Rate Decision
o India Dec. Consumer Prices Rise 4.59% Y/y, Est. +5.00%
• India Nov. Industrial Production Falls 1.9% Y/y, Est. -1.0%
• India Court Bars Modi From Executing Laws That Irked Farmers
o Court forms panel to hold discussions with farmers
• India May Unveil Automobile Scrappage Policy in Budget: Official
• HUL, Godrej Consumer Hike Soap Prices As Raw Materials Turn Costlier: BQ
• Thai Sugar Output Halves as Severe Drought Slashes Crop Yields
• Byju’s Said to Pay $1 Billion for Blackstone-Backed India Tutor
• Nordea Faces Pushback on Plan to Send IT Jobs to India
• India’s Ecom Express Invests 1B Taka in Bangladesh’s Paperfly
• Global Funds Buy Net INR5.71B of India Stocks on Tuesday: NSE
o Domestic funds sell net 13.3b rupees of stocks
• Foreign Investors Buy Net INR29.4B of Indian Equities on Jan. 11
• India Stocks Gain as RBI’s Warning Fails to Deter Investors
• Bharat Rasayan (BRSN): Approves 1.07b rupees for buyback up to 93,472 shares at INR11,500 each
• Bharti Airtel (BHARTI): Seeks to revise foreign investment limit to 100%
• Cadila Healthcare (CDH): Aims to supply up to 150 million vaccine doses
• Hero MotoCorp (HMCL): Names Honduras, Nicaragua distributor partners; to launch new products, expand in both countries
• Tata Elxsi (TELX): 3Q net income 1.05b rupees Vs. 754.2m rupees Y/y
• Tech Mahindra (TECHM): To acquire Payments Technology Services for $9m cash
• Tata Consultancy (TCS): To acquire GE’s stake in TCS Saudi Arabia for $12,471 cash
• Tata Motors (TTMT): 3Q group global wholesales 278,915 units, up 1% Y/y
By: via @AlliesFin Serve Stock Market
