Morning News Headlines
Economic Times
● Recent market crash not related to LTCG tax: Jaitley
● HUL agrees to pay Rs 119 cr as GST dues
● US jobless claims unexpectedly drop to near 45-yr low
● FDC hits 52-week high as board approves buyback; strong Q3 results
● Rupee pulls back after 5-day fall on oil relief
Mint
● Additional 3 cr free LPG connections to cost Rs 4,800 cr
● PSBs need Rs 2.06 tln capital for 8-9% credit growth
● SC order will impact our mines in Goa: Vedanta
● Galaxy Surfactants ends 14% up against issue price after quiet debut
● Banks set to raise lending rates, pre-empting RBI
The Business Standard
● Air India’s FY17 operating profit more than doubles to Rs298 crore
● Bharat Forge Q3 net profit jumps 77.39% to Rs228.17 crore
● ACC Q4 profit rises 126% to Rs206 crore
● JSW-Piramal offer Rs29,700 crore for Bhushan Steel
● India plans to raise refining capacity by 77% by 2030, says govt report
The Hindu Business Line
● Coal India sales to power sector rise 6%
● New Sebi norms to bar MFs from dumping investors with 'NAV management' fee
● Prestige, HDFC Capital to invest Rs 25 bn in affordable housing projects
● JSW offer Rs 300 bn for Bhushan Steel, Rs 50 bn more than Tata's bid
● Singh brothers resign from fortis healhcare board!
