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Tuesday, December 26, 2017

Morning News Headlines for the day 26th December 2017




Economic Times


● RBI may extend pause on rate cut as oil prices firm 

● Jio to give cashback up to Rs 3,300 on Rs 399 recharge

● PFRDA looks ways to allow minors in NPS account

● Dilip Buildcon gets board approval to raise Rs 600 crore

● BHEL bags Rs 672-cr order for 25 kv AC Mainline EMU Trains


Business Standard


● Center looks at tweaking trade tarrifs to boost farm incomes

● Firm domestic coking coal price upsets steel sector

● Aditya Birla, Piramal- Bain, Shree make aggressive bids for binani cement

● Maruti Suzuki on cash ride, coffers expand by 28%

● Indian carriers to induct over 900 planes in coming years


Mint


● Govt likely to give SEBI powers to regulate private placements

● Kingfisher's market share drops as foreign beer brands gain ground

● Cummins in talks to acquire Kirloskar Oil Engines in $500 million deal

● Finance Ministry asks public sector banks to close loss-making branches

● Venture Capital exits jump 56% to $2.77 billion in 2017


Money Control


● IOC, BPCL keen to acquire GAIL; Company wants to merge with ONGC

● FPIs' net outflow from equities at Rs 7,300 Crore this month

● Offshore India funds, ETFs register inflows of over Rs 3,600 Crore in November

● Economic growth may touch 7 percent in 2018, claims Assocham report

● PSBs' NPA hits Rs 7.34 lakh Crore at September-end



Sources : Economic Times, Business Standard, Mint & Money Control.