Morning News Headlines
Economic Times
● HDFC Life IPO subscribed over 46% on Day 1
● I-T to issue 1 lakh notices for note ban deposits
● Direct tax mop up rises 15% to Rs 4.39L crore
● Qatar fund to sell 5% stake in Airtel via block deal
● Indigo staff manhandle passenger, airline apologises
Business Standard
● IBBI puts in place strict norms for insolvency plan
● Airtel broadband users can carry forward unused data
● Mining sector can churn out 25 mn jobs: HZL CEO
● Infosys to open innovation hubs in the US: Nilekani
● Crude prices behind mkts taking breather: Kotak MF
Mint
● MMTC climbs 17% on merger reports
● Opportunity for Airtel, Idea-Voda as 244 million mobile users up for grabs
● Lupin tanks 17%, hits over 3-year low as USFDA issues warning letter
● HDFC Standard Life mops up Rs 2,322 cr from anchor investors ahead of IPO
● Nifty IT index hits 52-week high; TCS nears record high
Reuters
● Axis Bank to consider fundraising plan on Nov 10
● Dow hits record high at market open
● ICICI Pru Life turns to IT, pharma after risky telecom bet payoff
● Cipla second-quarter profit up 19 percent on higher domestic sales
● State miner NMDC plans bid for $9 billion diamond mine, sources say
Sources : Economic Times, Business Standard, Mint & Reuters.
