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Monday, December 11, 2017

Morning News Headlines



Morning News Headlines 


Economic Times

● Railway revenue likely to rise to 10% to Rs 1.8 lakh crore

● Reliance retail plans to expand B2B play

● FPI pull out over Rs 4,000 crore from equities so far in December

● Satyam case: SC dismissess ED plea against TechM

● Bitcoin's blazing gains just a start, it will rise as much as 20- fold: Billionaire Winklevoss


Business Standard

● Firms, lenders ask RBI to expand insolvency deadline

● Airtel, Jio in race to provide cloud services to govt

● FY19 Budget may assume crude oil price at $65/barrel 

● MF's see Rs.1.26- lakh Cr investment in Nov, AUM at record Rs 21.8 lakh cr

● Coal import rise 40% to 19 mn tonnes on restocking demand in November


Mint

● Amazon India posts 67% Q2 sales volume growth

● Foreign airlines may be allowed to bid for Air India

● Canara Bank plans to hire bankers for up to Rs3,500 crore QIP

● Airtel to connect over 2100 uncovered villages in North East

● Induslnd Bank to set up impact financing unit 


Money Control

● After food and apparel, Patanjali sets sights on solar panels with Rs 100-Cr plant

● Infosys' settlement move with SEBI is fine, says former Infy CFO Mohandas Rai

● Hero Electric plans multiple plants, tenfold sales hike in 5 years

● Trade unions to make case for coal India contact workers' wage hike

● Wheat showing down 6.23%, to pick pace in coming weeks: Govt

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