Morning News Headlines
Economic Times
● Apple's India head quits amid co's 5-yr low growth
● Xiaomi India's revenue in 2017 to exceed $2 bn: MD
● Bitcoins: I-T notices to 4-5 lakh HNIs across the country
● Bain, Tempus to buy Trans Maldivian for Rs 3,525 cr
● GAIL renegotiating LNG deals with U.S. companies- Minister
Business Standard
● JSW Techno Projects buys 49% in pellets firm for Rs 1,000 crore
● Maruti Suzuki's market share an aberration by global standards
● Adani cancels $2.6 bn contact with Australian mining giant
● Committee set up for revival of loss-making SAIL, RINL: Govt
● Coal demand to be flat till' 22; India coal - fired power output to rise 4%
Mint
● Steelmaker's bids for peers facing bankruptcy may draw CCI attention
● RERA, GST pull down home loan growth
● Govt sets aside Rs 10,000 crore service tax demand on IT firms
● Gross NPAs of banks cross Rs8.5 trillion in 1st half of this fiscal
● Car firms scale back on new launches as norms tighten
Money Control
● Airtel to NPCI: Will return Rs 190 crore subsidy to original accounts
● HDFC to raise Rs 2,000 Cr on pvt placement basis via bonds
● India's trace deficit with China stands at $37 billion in April- October
● Axis Bank closes Rs 11,626 Cr fund raising, its largest-ever
● ACME Solar Holdings, HG Infra gets Sebi's nod for IPO
Sources : Economic Times, Business Standard, Mint & Money Control.
