a. The Tata Group is looking to merge two of the four airlines it operates—Vistara and Air India.

b. Tata Steel, India’s biggest private-sector steelmaker, could be looking to exit the UK, in the absence of government support.

Top headlines from last week

The International Monetary Fund cut India’s 2022 economic growth forecast to 6.8%, from its January estimate of 8.2% and the July projection of 7.4%.

The World Bank expects the Indian economy to grow 6.5% this fiscal year. The RBI predicts a 7% GDP growth in 2022-23.

Top headlines from last week

Online and offline festive sales during the Sept-Nov period are likely to cross $27 billion this year, Reuters reported. The number is 25% higher than last year.

Top headlines from last week

Ed-tech company Byju's is set to lay off as many as 2,500 people over the next six months.

Top headlines from last week

Net inflows into equity mutual fund schemes, which had declined for three straight months spiked 130% on a month-on-month basis to Rs 14,100 crore. Debt funds saw outflows of Rs 65,000 crore with liquid funds losing Rs 60,000 crore.

Top headlines from last week

- The Sensex and the Nifty, jumped as much as 2% in intra-day trading before paring the gains. – Infosys rode on a 11% jump in profits and was up 4% on Friday. Wipro ended the week down 7.4% after it reported a 9% drop in profits for the July-September quarter. – HCL Technologies posted a 7% rise in its consolidated net profit for the September quarter at Rs 3,489 crore.

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