Morning News Headlines
Economic Times
● Shifting to electric vehicles could save India up to Rs 20 lakh crore
● Wipro's Rs 11,000 crore share buyback to begin from Nov 29
● Bharat 22 ETF subscribed 4 times; govt increases issue size to Rs 14,500 crore
● Tesla's new truck could hit Bharat Forge in long term: Analysts
● Mutual funds log Rs 51,000 crore inflow in October
Business Standard
● Earnings recovery is underway and it should become evident with each passing quarter: Srinivas Rao Ravuri, HDFC MF
● NSE SME platform to touch 100-mark, sees 50 IPOs in 6 months
● HFCL bags Rs 128-crore job order from BSNL
● India may adopt 5G by 2020: Ericsson CTO
● Ebix Inc buys 50% in Vara United at about Rs 306 crore
Mint
● Ericsson, Bharti Airtel ink pact for 5G technology
● India's biggest tax hike in a decade may cut palm oil imports
● Logistics sector gets infrastructure status
● Sugar production till November 15 up by 79%: ISMA
● GST rate cut: FMCG firms asked to update MRPs immediately
Reuters
● FY18 earnings estimates may need to be cut further, say brokerages
● Union Bank of India starts roadshows abroad to raise Rs2,000 crore through QIP
● India up one place on Per Capita GDP terms to 126, Qatar No 1: IMF report
● Biocon shares rise 7% after Bengaluru unit gets US FDA clearance
● Moody’s upgrades Vedanta Resources’s CFR to Ba3 from B1
Sources : Economic Times, Business Standard, Mint & Reuters.
