3rd November 2K17
Economic Times
Ø Bank of England hikes rates for first time in a decade
Ø US jobless claims near 44-1/2-year low
Ø CBI probe sought against Infosys over GSTN glitches
Ø Airtel opposes change in spectrum band cap
Ø RBI asks large borrowers to get unique code from banks
Ø Modi govt plans war on bitcoin dealers in India
Business Standard
Ø Relief for RCom as TechM withdraws insolvency case
Ø Govt cuts capex 2 months in a row to contain fiscal deficit
Ø Vedanta Q2 PAT lower-than-expected at Rs 2,036 cr, up 43% y-o-y
Ø Piramal Group in race to buy stakes in Binani Cement, Electrosteel Steels
Ø USFDA lifts import alert on Divi's Vizag plant
Ø Adani seeks $1.54 bn from Chinese firm for funding Australia coal project
Ø Alibaba says profit up 132% in 'outstanding' quarter amid soaring sales
Business Line
Ø SEBI launches awareness campaign for new investors
Ø Rs. 5 lakh cr bond sale planned for funding infra projects: Nitin Gadkari
Ø Lenovo agrees to buy 51% stake in Fujitsu PC unit for $269 million
Ø ONGC gets government nod for acquiring HPCL
Ø SBI brings home loan rate to lowest in industry to 8.30%
Ø Andhra Bank Q2 loss at Rs. 385 cr on higher bad loan provisions
Mint
Ø UPI transaction volume hits 76.8 million in October
Ø Airtel earmarks Rs25,000 crore capex in FY18 for 4G network expansion
Ø SBI cuts interest rates for home, auto loans by 5 basis pts
Ø LIC puts $1 bn bid for shares in New India Assurance IPO
Ø NTPC power plant blast: Death toll rises to 29, NHRC serves notice to UP govt
Ø Cognizant Q3 profit up 11% to $495 million, revises revenue growth outlook
Financial Express
Ø Bank recapitalisation: Government may turn to RBI for Rs 43,000 crore as bad loans “swelled” under their watch
Ø Taxman imposes rigorous regime of compliance on MNCs in India
Ø European development bank to sign solar pact with International Solar Alliance
Ø Ramco Systems to tap United Kingdom, Ireland markets: CEO
Ø Trump selects Powell for Fed Chairman, replacing Yellen
Financial Chronicle
Ø Bitcoin skyrockets above $7,000 for first time ever
Ø More global entities, banks need to join hands with ISA: FM
Ø FSSAI launched Food Regulatory portal for businesses
Ø India emerges number one vibrant start-up landscape: Nasscom
