Morning News Headlines
Economic Times
● RCom calls off Aircel merger; blames legal, policy uncertanties
● Modi government gives L&T Infotech $100 million contract to help pin down tax evaders
● Halt metro fare hike, audit DMRC a/cs: Kejriwal
● Tata Motors' September domestic sales up 25%
● Jet fuel price hiked by 6%; LPG costlier by Rs 1.50
Business Standard
● Govt needs to take measures to push growth: Ranga
● IBM now has more employees in India than in the US
● HFCL eyes Rs 20cr biz from school security solution
● Govt should relax fiscal deficit targets: Assocham
● Motown braces for rude shock from govt's e-car push
Mint
● Lava to tap sub-10k market, to focus on R&D
● Penalty on TCS in IP theft case slashed by US judge
● Govt retains interest rate on small savings for Oct-Dec
● SBI, BoB and Andhra Bank lowers base rate
● Skymet counters IMD on monsoon accuracy
Reuters
● Govt to dilute 10% stake in military plane maker HAL
● Govt may list only two insurance firms on stock exchanges in FY18
● Godrej Properties boosts its product pipeline
● Despite slowdown, India may become 3rd largest economy in 10 yrs: HSBC
● Energy firm ACME applies to Sebi for Rs 2,200-cr IPO
Sources : Economic Times, Business Standard, Mint & Reuters.
