Morning News Headlines
Economic Times
● A Rs 17,000-crore deception shows how cos played it dirty post Demo
● Tata testified in Netanyahu graft probe: Israeli media
● Govt to give 60% stake in ONGC fields to pvt firms
● Digital transactions shoot up post demonetisation
● Air India scouts for $535mn loan to buy three planes
Mint
● Banks may get Rs 70K cr through recap bonds this fiscal
● Air India to sell 2 properties to State Bank of India
● GST Council to slash rates on common use items in meeting this week
● India to be high middle income economy by 2047: World Bank CEO
● Reliance Industries awards KG-D6 gas field contract to McDermott
Business Standard
● Tata Power’s renewable portfolio profit up at Rs173 crore in Q2
● IPOs raise record Rs57,000 crore so far in 2017, 80% goes to existing shareholders
● Hindalco sees 10% drop in net profit on exceptional expense
● CCI clears GIC’s Rs9,000 crore deal with DLF’s rental arm
● Inox Wind Q2 net loss at Rs46.81 crore
Reuters
● Food safety is not negotiable for Nestle, says chairman Paul Bulcke
● PNB Q2 net up 2% at Rs561 crore
● Rupee closes at six-week high against US dollar
● New India Assurance IPO subscribed 1.19 times on last day
● Nitin Gadkari to meet NHAI officials, developers for expediting highway projects
Sources : Economic Times, Mint, Business Standard & Reuters.
