Morning News Headlines
Economic Times
● India 6th wealthiest country with total wealth of $8,230bn: Report
● Petrol prices largely aligned to global rates: IOC
● Ministers meet to fast-track infra projects
● Telcos commit over Rs 74K-cr to curb call drops: Secy
● Former GoAir CEO appointed as COO at IndiGo
Mint
● AI is about upscaling biz, not job cuts: TCS COO
● Gold only cryptocurrency that has worked: Kotak
● Galaxy Surfactants IPO subscribed 4.13 times on Day 2
● Emami shares hit over 3-mth low post Q3 nos
● Mkt not in a 2008 type top, bubble is not that big: Raamdeo
The Business Standard
● India can’t ignore US tax cuts: Arvind Subramanian
● Indian Oil’s Q3 profit nearly doubles to Rs7,883 crore on surge in global oil prices
● Reliance Jio goes for the kill with third tariff revision in three weeks
● Amber Enterprises shares rise over 37% on stock market debut
● India, ADB sign $250 million loan for rural road projects in five states
The Hindu Business Line
● Reliance Power Q3 profit rises marginally at Rs280 crore
● Eicher Motors loses mileage as Royal Enfield’s sales growth shifts to slow lane
● Gujarat Pipavav Port’s Q3 net profit falls 23% to Rs50 crore
● SBI to launch credit card for farmers
● Indian IT firms looking for ways to soften US tax blow
Sources : Economic Times, Mint, The Business Standard & The Hindu Business Line.
