Wednesday, 24 January 2018

24 January 2018 News

24th January 2K18

Economic Times

Ø  Modi shows Davos his $5-trillion plan for India 
Ø  ArcelorMittal opts out of Bhushan Steel race
Ø  NCLT: Tatas oppose SP Group representation on board
Ø  Japanese investment jumps to $4,709 million in FY17
Ø  ONGC ties up 18K-cr loan from 3 banks for buying HPCL
Ø  FM Jaitley invites ASEAN nations to invest in India 
Ø  Jio may soon pip Idea, Voda's revenue market share

Business Standard

Ø  ONGC gets govt nod to sell stake in IOC, GAIL to fund HPCL acquisition
Ø  United Spirits Q3 profit slips 9% to Rs 1.3 bn on the back of market change
Ø  Ex-RBI chief Raghuram Rajan says India rate panel's doing a good job
Ø  R-Infra plans captive use of 18 EVs, will set up charging stations
Ø  India should focus on women's inclusion in economy: IMF chief at WEF

Business Line

Ø  Bacardi to buy out Patron tequila in $5.1 billion deal
Ø  CBI to investigate NTPC, MMTC, others over coal imports
Ø  Bharat Dynamics files papers for IPO with SEBI 
Ø  Tata Intl plans to double agri exports to $76 million by 2021 
Ø  L&T Technology Q3 net up 16% at Rs. 126 cr 
Ø  Welspun Corp plans to raise Rs. 250 cr via NCDs

 Mint

Ø  Paytm valuation pegged at $10 b after secondary share sale
Ø  JPMorgan rolls out $20 bn investment plan after tax law gains
Ø  RBL Bank net income jumps 28% to Rs165.3 cr on fee income
Ø  Petrol, diesel prices jump; oil ministry seeks excise duty cuts
Ø  Indiabulls Housing Finance Q3 net rises 55% to Rs1,167 cr

Financial Express

Ø  VMware joins NxtGen to deliver scalable Cloud experience
Ø  SBI sees bad-loan provisions as biggest challenge
Ø  Final arbitration hearings on India tax demand in August: Cairn
Ø  CBI probes Rs 487 crore coal import scam

Financial Chronicle

Ø  Globalisation is losing its lustre: Modi
Ø  West must share benefits of growth with emerging world: Rajan
Ø  Wheat output may decline 2.31% to 96.1 million tonnes
Ø  Market witnesses biggest pre-budget rally in 10 yrs