Monday, 4 December 2017

04 December 2017 News

4th December 2K17

Economic Times

Ø  Oppo’s India sales jump over 750 per cent in FY17
Ø  Burger King sales grow 69% even as industry stagnates
Ø  Lava to raise Rs 193 crore from Chinese firm
Ø  India opposes e-comm talks at WTO; submits document
Ø  Biosimilar drug by Mylan, Biocon gets USFDA approval
Ø  Air India Express, AI-SATS to be part of Air India sale
Ø  Trina Solar shelves plan to set up plant in India

Business Standard

Ø  Iran opens Chabahar port: India, Afghanistan can now trade bypassing Pak
Ø  Infosys' new CEO & MD Salil Parekh is a perfect fit for future vision
Ø  Pensioners, India Inc may get tax breaks in Budget
Ø  Nandan Nilekani to ease Infosys' new CEO Salil Parekh's transition
Ø  Eicher Motors, Bajaj Auto battle it out for mid-segment bike market
Ø  Job offers rise 40% in early slots at IIT-Roorkee

Business Line

Ø  Oil prices fall after US drillers add rigs
Ø  Nikkei edges lower after weakness in large cap stocks weigh
Ø  ‘Shell firms list with SEBI... It must take action’
Ø  Iran’s Chabahar port opens new India-Afghan lane
Ø  In picking Salil Parekh as new CEO, Infy hopes to rebuild consulting business
Ø  Modi: Those opposing the Bullet Train can travel by bullock cart

Mint

Ø  PE exits through IPOs cross $1 billion in 2017
Ø  HDFC Bank, world’s most richly valued lender, has an unhappy secret
Ø  IBM’s India revenue tops $5 billion in FY17
Ø  Facebook to increase its UK workforce by almost 50%
Ø  Markets likely to be cautious ahead of RBI policy, Gujarat elections
Ø  Boost for Biocon as biosimilar hopes soar

Financial Express

Ø  Indian Railways makeover: What the transporter really needs to transform itself
Ø  RBI defaulters list number 2: Lenders willing to take haircuts of 50-60 pct than risk firms' liquidation
Ø  Toyota showcases third generation humanoid robot T-HR3 that mirrors user; see pictures
Ø  Orbital ATK ready to launch cargo mission to International Space Station
Ø  Budget 2018: On tax assessment procedure, CBDT to roll out jurisdiction-free system

Financial Chronicle

Ø  Jewellers eye $25b export by 2025
Ø  Salil’s low profile may stand him in good stead at Infosys
Ø  Market set for volatility as all eyes shift to Gujarat polls
Ø  Tata Motors beats Mahindra to become third largest carmaker
Ø  Jet fuel, natural gas may come under GST soon