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Wednesday, October 18, 2017

Morning News Headlines


Morning News Headlines 

Economic Times

● Soon, like mobile number you may also port your power supplier

● PM to inaugurate global investors’ summit in Assam

● Adani teams up with Nebras to bid for Equis’s Assets

● Flipkart plans to pick 8-10% stake in Future Lifestyle

● Wipro Q2 profit up 5.6% to Rs 2,189 crore, beats estimates


Business Standard

● GM India’s Hardeep Singh set to join VW as sales head

● Axis Bank Q2 net jumps 36% to Rs 432 cr but bad loans rise

● Bajaj Auto net dips on rising costs, flat two-wheeler sales

● Newest outpost for US crude exports: India

● Make bankruptcy law accountable, not time-bound: Kroll 


Mint

● GST hits excise-free zones; pharma, FMCG worried

● Telecom projects worth Rs 1.30 lakh crore in works

● ONGC to call bids to raise output of ageing oilfields

● Milestone Capital looks to raise up to Rs 1,000 crore

● India's poorest 20% to get a Rs 1.2 lakh cr cover


Reuters

● Gold ETFs register Rs 388 crore outflows in April-September 2017

● GST: Karnataka shows way for goods tracker system

● Smartphone shipments touch record high in Q2

● Suzuki using Maruti's muscle to grow its two-wheeler business in India

● Bajaj Auto Q2 profit falls marginally to Rs 1,112 crore


Sources : Economic Times, Business Standard, Mint, & Reuters.