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Saturday, 25 November 2017

25 November 2017 News

25th November 2K17

Economic Times

Ø  All revised I-T returns post demonetisation under lens
Ø  Jio makes life tough for telecom workers and this may be just the beginning
Ø  Modi's demonetisation has changed the big fat Indian wedding
Ø  Steps taken to pass on rate cut gains: FMCG companies
Ø  Airtel’s bid to get users of Tata Tele faces hurdle
Ø  Jio posts positive AGR for first time in Sept qtr
Ø  Don't buy a new car yet, wait for electric vehicles if you can

Business Standard

Ø  Edelweiss Financial gains on successful fund raising through QIP issue
Ø  ONGC: Strong prospects after near-term worries
Ø  Reliance Industries, Future Retail, Crompton Greaves Consumer hit new highs
Ø  Infosys hits over three-month high; stock up 10% in November
Ø  FMCG companies make a beeline for Assam following tax sops
Ø  Mahindra and Mahindra partners with Uber to expand electric vehicle sales

Business Line

Ø  Nokia looks beyond telecom to expand business in India
Ø  SBI launches YONO, an integrated app for financial services
Ø  Ashok Leyland scripts turnaround in LCV business, to launch 5-6 products
Ø  India, Finland to boost in IT, renewable energy ties
Ø  M&M to bid for phase-2 of govt’s e-vehicle tender

Mint

Ø  Jeff Bezos first person since Bill Gates in 1999 to have net worth of $100 billion
Ø  SBI’s Rajnish Kumar: Bankruptcy reforms have made banks more confident
Ø  Linking Aadhaar with bank accounts can prevent fraud: UIDAI CEO
Ø  Sun Pharma hoping recovery in US in second half, street wary
Ø  India to auction 100GW of green energy contracts by March 2020

Financial Express

Ø  Bank job cuts: Employment at lenders set for cuts due to automation, digital economy push
Ø  Infosys chief Nandan Nilekani, Airtel chief Sunil Mittal to Wipro chief Azim Premji, top 5 Indian Philanthropists give away wealth to charity
Ø  Bank of Japan signals room to fine-tune yield curve control, say reports
Ø  ONGC pens letter to PM Narendra Modi, makes this fervent plea against private companies
Ø  China rising, but it can’t match up to American power

Financial Chronicle

Ø  ARCs allowed to hold more than 26% in sick companies
Ø  Honda creates history, sells over 2 m Activa units in April-October
Ø  Lotte, Peugeot Propose to invest as much as $6 billion in India
Ø  Bond yields move up as market rules out a repeat of OMO episode
Ø  M&M ties up with Uber, to invest Rs 600 cr in EVs
Ø  CMI reports Rs 6.14 crore net profit in Q2FY18