8th December 2K17
Economic Times
Ø Thanks to RBI, swiping your card at the local kirana store might soon become expensive
Ø As new GE CEO goes for revamp of power unit, co plans cutting 12,000 jobs
Ø Jet Airways Q2 net plunges 91%
Ø ArcelorMittal's India JV to get green light next week
Ø After Hours: Maruti now 7th most valuable firm; GAIL spikes 9%
Business Standard
Ø Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain
Ø IRB Infrastructure hits 11-month low; stock dips 7%
Ø Investor flow into equity mutual funds at Rs 20,308 cr in November
Ø Cargill plans a pipeline to transport imported crude edible oil
Ø PepsiCo reshuffles top deck, Mike Spanos to head Asia operations
Business Line
Ø Tata Motors rolls out electric Tata Tigor for EESL
Ø Amazon Web Services can now deliver cloud services to government clients
Ø L&T shares climb over 2% after unit gets Rs. 1,600 cr order from HPCL
Ø Emami acquires 30% stake in Helios Lifestyle
Mint
Ø Sebi may allow mutual funds, portfolio managers to invest in commodities
Ø Videocon d2h merger benefits blindside investors to Dish TV’s waffling performance
Ø SAP plans to strike tech startup deals from $35 million SAP.iO fund
Ø TVS buys 15% stake in electric two-wheeler startup Ultraviolette
Financial Express
Ø Wassenaar Arrangement agrees to admit India as its new member
Ø RBI holds repo rate: ICICI Bank, HDFC Bank, SBI among top banks lead gains today
Ø Bharti Airtel stock skyrockets over 7% in late trade today, adds over Rs 10,000 crore in market cap
Financial Chronicle
Ø GMR-Megawide short-listed for $250m Philippine airport finance bid
Ø TVS Motor enters super-premium segment, unveils Apache RR 310 at `2.05 lakh
Ø Bitcoin Soars Past $17,000 Mark