Morning News Headlines
Economic Times
● Alibaba all set to put $300 million in BigBasket
● RBI holds policy rates, stance remains neutral
● Tata Group's consumer electronics retain chain Chroma crops its losses by 68%
● Max super speciality made excessive profits on disposable syringes : CCI
● Bharti Airtel, Intex tie up for new smartphones
Business Standard
● Bitcoin soars past $13,000 as futures move closer to reality
● US tax cut a trigger for Indian IT firms
● SEBI to auction 12 properties of Ramel Industries in January
● Eicher pins hope on e-commerce
● Paytm acquires Nearbuy and Little, to merge both
Mint
● Infosys files consent plea with SEBI on Rajiv Bansal's severance pay
● Indian Railway's agency lists bond on London Stock Exchange
● Indian oil prepares for shift to a less carbon- intensive future
● LIC premium income rises 12% to Rs 1.48 trillion in Apr-Sep period
● United Bank of India plans to raise Rs 1,190 crore via Basel lll bonds
Money Control
● Budget 2018: Industry bodies seek lower corporate tax, creation of National Power Distribution Co
● India's November gold imports nearly halve on higher prices: GFMS
● GDP growth in FY'19 likely to see marginal pick up at 7.2%
● Govt sets floor price on peppers imports at Rs 500 per kg
● P- Notes investment rises to Rs 1.31 lakh Cr in October
Sources : Economic Times, Business Standard, Mint & Money Control.
