Morning News Headlines
Economic Times
● Govt decision on IDBI Bank privatisation stands: Jaitley
● ICICI Bank lends ONGC Rs 4K cr for buying HPCL
● 58% banks report rise in bad loans in July-Dec: Survey
● 8% GST on houses under PMAY from today
● India part of surging global market narrative: Rajan
Mint
● Shriram Transport to sell Automall to MXC
● India to grow fastest among major economies: IMF
● RBL Bank NIM rose every quarter since last year
● Govt unveils Rs1 trillion bank recapitalisation plan by March, banking reforms
● IndiGo Q3 profit jumps 56.4% on better revenue management
The Business Standard
● Idea’s Q3 loss triples to Rs1,285.6 crore on IUC cut, Jio tariff war
● TCS’s market cap crosses Rs6 trillion as share prices surge 17% so far in 2018
● Eveready to form JV with Indonesia’s Universal Wellbeing
● Airtel gets regulatory nod for Tigo Rwanda acquisition
● India may be among 3 largest economies in 25 years: Arun Jaitley
The Hindu Business Line
● BoFA-ML sees Sensex declining 11.5% by year-end
● Vijaya Bank Q3 net profit falls 65.45% to Rs79.56 crore
● Infosys, TCS join global tech reskilling drive for 1 million workers
● Telecom stocks fall after Reliance Jio cuts tariffs
● After rallying 3,985% since 2008, V-Guard bets on phone-operated fans
Sources : Economic Times, Mint, The Business Standard, The Hindu Business Lines.
