**Financial News**
Source: Leading newspapers
 *Compiled by RUDRA SHARES* 
Vande Mataram
Thursday, 22 January 2026

*Energy & Power*
• Maharashtra in talks to set up India’s first thorium-based power plants
• Draft National Electricity Policy bets on tech & skills to drive energy goals
• Swelect Energy Systems rebrands, launches NUMERGY energy storage line

*Banking & Financials*
• IDBI Bank's renaming on radar ahead of divestment
• Capri Global Capital CEO Monu Ratra steps down
• SBI, PNB and Central Bank counting on QR-based payments to breach a fintech fort
• Big labour reforms cost HDFC, ICICI & others

*Economy & Macro*
• India to remain fastest-growing major economy: RBI
• Sustaining high capex on hard infrastructure, digital systems, advanced manufacturing essential to drive 7–8% GDP growth, says Lighthouse's Prosenjit Ganguly

*Markets & Flows*
• Foreign investors not done with selling, FMCG tops list
• FII/FPIs net sell shares worth Rs 1,788 crore, DIIs net buy Rs 4,520 crore on January 21
• Bulk deals: Shankar Sharma offloads 0.61% stake in Rama Steel Tubes; picks up 0.52% stake in Valiant Communications
• MTF boom could have hidden risks for brokers despite SEBI safeguards: Zerodha's Nithin Kamath

*IPOs & Listings*
• Amagi Media Labs shares jump after listing at 12% discount to IPO price
• Blackstone said to weigh $500 million India IPO for PGP Glass
• Shadowfax IPO subscribed 60% on Day 2, GMP tumbles further
• PhonePe refiles IPO papers; Walmart to cut 9% stake as Microsoft, Tiger Global exit

*Fintech & Payments*
• BHIM Payments app sees over four-fold jump in monthly transactions in 2025

*Technology & IT Services*
• Persistent Systems looks to grow in Europe as macro headwinds linger
• Lack of valuation comfort in Persistent Systems despite strong growth
• Tata Communications names new MD, CEO-designate

*Corporate Actions & Management*
• Deepinder Goyal resigns as CEO of Eternal with effect from February 1, 2026; Albinder Dhindsa to replace him
• Twice at the brink, now at the top: Albinder Dhindsa’s astronomical rise at Eternal
• Dropping '10-minute' branding was a suggestion in good faith: Zepto CEO

*FMCG & Consumer*
• Cheer on the shelf as FMCG earnings near delivery
• United Spirits upbeat on price-mix support despite Maharashtra volume hit

*Corporate & Industry*
• Tata, Mahindra going the extra mile to calm Indians' anxiety
• Raymond Realty launches ₹5,000 crore residential project in Mumbai's Wadala
• ICICI Pru AMC Smallcap Fund reopens for fresh investments from Jan 23
• Reliance set to buy sanctions-compliant Russian oil in February, March

*Jai Hind* 
*Rudra Hai to Mudra Hai* 
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