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Film: "Yeh Saali Zindagi"; Music Director: Nishat Khan; Lyricist: Swanand Kirkire; Singers: Sunidhi Chauhan, Kunal Ganjawala, Shilpa Rao, Sukhwinder Singh, Javed Ali and Abhishek Ray; Rating: **

Nishat Khan is a great Sitar player, but composing music for a Bollywood movie is a different thing altogether and the artiste has failed to impress with the music of "Yeh Saali Zindagi".

The album offers eight tracks. Barring two, the rest are disappointing.

Persistent reported robust revenue growth of 6.7%QoQ to USD43.2mn. This was driven by 3.7% QoQ volume growth and 3.1%QoQ growth in realization. EPS stood at Rs9.1

In line revenue growth, positive surprise at bottom-line – Revenues grew 4.2%QoQ to Rs1,949mn in line with PINCe of Rs 1,941mn. EBIDTA dipped 107bpsQoQ due to absence of one time benefit on salary expense (which was there last quarter) and increase in travel expense (higher visa cost). PAT grew 1.2%QoQ to Rs343mn led by higher forex gains.

Equity indices: The Nifty has fallen below 5825 which was being seen as a critical level. This development opens the way for the Nifty to decline further to about 5200 levels. The medium term momentum remains weak and it is reflecting in the trend. Given the present technical conditions, we expect the Nifty to reach 5200. The Mid Cap index (8215) seems to be in a much weaker condition and stronger declines could be witnessed in this index. 7900 could offer some support but we do not expect the support to sustain. Further downsides look possible.

Wipro Ltd, the third largest software exporter of India, has missed the sales estimates set by analysts. And as a reaction to that it has replaced the o-heads of the computer-services business. It is the main business of company now.

The Bangalore-based company announced its third quarter figure and the revenue has gone up by 12 per cent to be at Rs. 78.3 billion. But it missed the target set by 47 analysts. They had predicted the amount to be Rs. 80.5 billion.

Profit, however, was in line with the estimates and stood at Rs. 13.2 billion, a rise of 10 per cent.

It may sound a bit out of track, but unlike old days when it was considered shameful to be wearing Laura Ashley, the times have changed. So much so that the firm has claimed that it has seen profit during Christmas season.

Moreover, it has also announced that the figure is going to be much higher than expected. And soon after the announcement the shares of the company soared by as much as 20 per cent.

For the company that is mostly into the floral prints, this is nothing less than a miracle since during the Christmas time most of the other big name retailers have shown losses.