Morning News Headlines
EconomicTimes
● Sensex soars 286 pts, Nifty above 10,950; VIX up 10%
● All 8,500 rly stations to have CCTV surveillance
● Budget '18: Govt may hike agri-credit target to Rs 11L-cr
● Increase tax exemption limit to Rs 3 lakh: SBI report
● Gross NPA may rise to Rs 9.5L crore by March: Study
Mint
● HPCL may acquire MRPL in cash, share-swap deal
● NCLT seeks McD reply on showcause notice
● Time for India to be a statesman, not salesman: Kotak
● It is safer to be in largecaps now: Anand Tandon
● Quality companies will continue to do well: Axis Sec
The Business Standard
● Crude below $70 better for refining industry: HPCL
● ONGC-HPCL merger to bring stability: Shashi Shanker
● IMF sees India GDP growth at 7.4% in 2018, China’s at 6.8%
● Axis Bank Q3 net profit rises 25% to Rs726.4 crore
● Wipro’s turnaround is almost complete: CEO Abidali Neemuchwala
The Hindu Business Line
● DHFL Q3 net profit surges 25% to Rs306 crore
● Goldman Sachs asks investors to hop on to Royal Enfield maker’s shares
● Janalakshmi Financial Services raises up to Rs700 crore
● ITC’s cigarettes business yet to recover from GST cess blow
● Apollo Micro Systems shares trade 74% higher on stock market debut
Sources : Economic Times, Mint, The Business Standard & The Hindu Business Line.
