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Tuesday, January 9, 2018

Morning News Headlines of the day 09th January 2018




Economic Times


● PM to meet economists, sectoral experts on Jan 10

● Need to raise tax base to meet fiscal target: Report

● Goa Carbon hits the roof after turnaround Q3 result

● Affordable home-loans next threat to banks: Report

● Nabard plans to double balancesheet to Rs 7 trillion


Mint


● Govt to sell 1.5% in NMDC at Rs 153.5 per share 

● From here on, reforms should yield results:  Yes Bank

● Sobha hits fresh 52-week high post Q3 operational update

● Varroc Engineering plans to launch IPO

● Brigade Enterprises may list proposed hotel unit as REIT



Business Standard


● Aban Offshore promoters offer $600 million one-time settlement to lenders

● DoT to discuss call drops with telcos, Trai on 10 January

● Tata Steel’s India business to see volume-led growth in December quarter

● Mutual fund firms cannot be both adviser and distributor: Sebi

● SBI to raise up to $2 bn through overseas bonds to fund expansion



The Hindu Business Line


● Nifty ends above 10,600 for first time ever, Sensex at record closing high

● Satin Creditcare soars 18% on equity investments by Kora Management

● NALCO sets target of achieving a turnover of Rs 18,171 crore by 2024

● Air India terminates over 400 contractual employees

● Prakash Industries hits 52-week high on robust Q3 results






Sources- Economic Times, Mint, Business Standard and The Hindu Business Line