Market leaders Tata Consultancy Services and Infosys posted tepid quarterly numbers even as they said growth momentum would continue into the coming year. Meanwhile, investment in India’s green energy sector continues to flow in, with BlackRock and UAE’s sovereign wealth fund Mubadala announcing an investment of Rs 4,000 crore for a 10.53% stake in Tata Power Renewables. And even as the government tweaks the timing and the size of the mega LIC IPO, it is set to invite financial bids for another profitable PSU, HLL Lifecare. Among those in the fray to buy the maker of Moods and Saheli, are the Piramal, Adani, and Apollo groups.
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