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Friday, January 19, 2018

Morning News Headlines




Morning News Headlines 



Economic Times


● Bharti Airtel Q3 net profit slumps over 39% YoY

● Modi will need at least $125 bn to fund his renewable energy dream

● Budget could see 11% hike in health spending 

● GST Council slashes rates on 29 items to zero per cent 

● US, EU, Japan object to India raising Duty on electronics


Mint


● Torrent Pharma buys US firm Bio-Pharm

● Tech Mahindra to pick up 17.5% stake in Altiostar

● Petrol prices at Rs 71 in Delhi, highest in 3 years

● Banks have only themselves to blame: RBI dy guv

● Government to consider hike in sugar import duty


The Business Standard


● HDFC Bank's m-cap crosses Rs 5 lakh crore

● Adani Ports Q3 profit pushes up 17%, cargo a big driver

● Growth prospects in India are terrific: Lloyds  

● Next couple of years good for equities:  Quantum Sec

● UltraTech Cement posts 23% YoY fall in Q3 PAT 


The Hindu Business Line


● Moody’s says Mukesh Ambani’s Reliance Jio may spend $23 billion to build service

● 3 promoters of Star Cement sell 3.34% stake worth Rs182 crore

● ISMA raises sugar production forecast by 4% at 26.1 million tonnes in 2017-18

● Newgen Software IPO subscribed 8.22 times

● Sembcorp Industries planning IPO for India unit to raise $500-600 million



Sources : Economic Times, Mint, Business Standard & The Hindu Business Line.