Tuesday, 14 November 2017

14 November 2017 News

14th November 2K17

Economic Times

Ø  Big tweak in insolvency law on cards
Ø  Airtel plans to raise $400 mn from Infratel stake sale
Ø  RIL takes corp bond route to cut Rs 2L cr debt
Ø  Qualcomm rejects Broadcom's $103 billion takeover bid
Ø  October retail inflation touches 7-month high 
Ø  Business confidence improves in Q4: D&B
Ø  India Inc hopes for more cheer from GST council

Business Standard

Ø  Rural roads scheme gets Rs 100,000 crore push
Ø  NMDC Q2 net rises 10% to Rs 844 cr, income surges
Ø  L&T walks a tightrope as new orders dwindle
Ø  Shell to sell part of its Woodside Petroleum stake for $1.7 bn
Ø  Shriram General Q2 net surges 150% to Rs 143 cr
Ø  EY may be sole transaction advisor for Air India sale

Business Line

Ø  Rupee tanks 26 paise to 65.42/$ 
Ø  SpiceJet quarterly net jumps 79% to Rs. 105 cr
Ø  Tata Chemicals Q2 net profit up 52% at Rs. 273 cr
Ø  Adani Enterprises’ Q2 PAT down 6% to Rs. 59 cr
Ø  Global carbon emissions to rise 2% in 2017: scientists 
Ø  Eveready-McLeod team up to brew packet tea business

 Mint

Ø  Uber approves SoftBank multibillion-dollar investment offer
Ø  Vodafone, Idea to sell standalone tower assets to ATC for $1.2 billion
Ø  P&G profit rises 11% to Rs115.56 crore in September quarter
Ø  Khadim India to make stock market debut tomorrow
Ø  Idea Cellular reports Q2 net loss at Rs1,107 crore

Financial Express

Ø  India to overtake Japan to be third largest economy by 2028
Ø  Nepal scraps $2.5 billion hydropower plant deal with Chinese company
Ø  Government to dispose of 5 lakh tons of pulses buffer stock by March
Ø  Reliance Nippon AMC Q2 net profit up 25 pc to Rs 122 cr

 Financial Chronicle

Ø  October trade deficit may widen to $10.8 billion
Ø  Castor seed set to see more correction before recovery
Ø  Cotton demand-supply situation favourable for textile firms
Ø  Govt seeks interim dividend, but CPSEs may not oblige