Morning News Headlines
Economic Times
● Jet Airways Q2 standalone net slumps 91% to Rs 50 crore on higher fuel expenses
● Bitcoin tops $17,000 on one exchange, surging more than $5,000 in less than 2days
● Bombay High Court dismisses Reliance Navy plea against IFCI
● Bharat serum plans IPO to raise 2000 crore
● Delhi's CP records second highest quarterly rental growth of 2.1 percent among 20 Asian markets: Knight Frank report
Business Standard
● General Electric to cut 12,000 jobs in power business revamp, to save $1 bn
● SAIL board to approve $1-bn JV with ArcelorMittal next week
● Toyota mulls vehicle price hike by up to 3% from Jan to offset input costs
● SEBI proposes to allow MFs and portfolio managers in commodity derivative
● Investor flow into equity mutual funds at Rs 20,308 Cr in November
Mint
● Spicejet's Ajay Singh pledges more shares amid dispute with Kalanithi Maran
● Bank recapitalisation to come with banking reforms: Urjit Patel
● Future Supply Chain IPO sees 74% subscription on Day 2
● Bitcoin to start futures trading in US, stoking Wild West worries
● Willing to extend Aadhaar linking deadlines to 31 March, Govt tells SC
Money Control
● USA tax cuts to bring back cash from overseas, says Mark Weinberger
● Mahindra Financial Services raises Rs 1,056 crore via QIP
● Ethanol supply to touch record 113cr litre in 2017-18 : ISMA
● Hinduja Global bets big on e-commerce sector; looks to expand Latin American footprint
● ICE cotton rises on Indian crop concerns
Sources : Economic Times, Business Standard, Mint & Money Control.
