Morning News Headlines
Economic Times
● FPIs pump over Rs 19,700 cr in Nov, highest in 8 mths
● Mallya to return to UK court as extradition trial begins
● DoT imposes Rs 2.5 cr fine on Tikona for roll out delay
● India's GDP should've been back at 9%: Kaushik Basu
● Indian healthcare market to hit $372 billion by 2022
Business Standard
● India to have 1 lakh startups in 7-8 years: Pai
● Exporters file over 10,000 applications for GST refunds
● Economy may grow by over 6.5% in FY'18: Panagariya
● Privatise ONGC, selling 18% can fetch Rs 41K cr
● RBI likely to keep interest rate on hold for 2nd time
Mint
● No need for oil market to be jittery: Goldman Sachs
● Bajaj Hindusthan promoters to cut stake
● Mukesh Ambani signals the start of a new investment cycle
● Narayana Murthy is happy with Salil S. Parekh’s appointment as Infosys CEO
● DLF to raise Rs11,250 crore from promoters
Reuters
● Steel companies have to sustain by being competitive: Union minister
● Cyclone Ockhi: Kerala offers Rs10 lakh compensation for deaths
● Sebi issues circular on new framework to improve governance for mutual funds
● Compliance norms may be eased for companies facing insolvency
● Opec said to agree on extending cuts in oil production to 2018 end
Sources : Economic Times, Business Standard, Mint & Reuters.