Morning News Headlines
Economic Times
● TCS posts 1.3% QoQ rise in Q3 PAT, in line with estimates
● India can be investment hub for firms leaving China: US
● No intentional wrongdoing in Satyam fraud: PwC
● India, China leading domestic passenger growth: IATA
● Telecom dept aims to clear Trai suggestions by March
Mint
● Income Tax department attaches benami properties worth Rs3,500 crore
● Reliance Jio planning its own cryptocurrency called JioCoin
● Union Budget to tackle rural distress, job creation, investments
● SC order on DLF project in Kerala could set wrong precedent, say experts
● IndusInd Bank Q3 net profit rises 25% to Rs936.25 crore
Business Standard
● Battered US bond market may give pause to stampeding stock bulls
● Reliance Jio added 6.1 mn mobile subscribers in November: Trai
● RIL's Mukesh Ambani in talks to buy out Jai Corp's 24% stake in NMSEZ
● Passenger vehicle sales rise 5.22% in December; car sales slip
● Infosys hits fresh 52-week high ahead of Q3 results
The Hindu Business Line
● India's growth momentum gathered pace in December: Morgan Stanley
● MF cos to spend over Rs 3.5 bn in ad blitz to educate investors
● GE Power India hits 52-week high on order win of Rs 8,183 million
● India Nippon Electricals surges 10% on stock split, interim dividend plan
● Som Distilleries zooms over 30% in two days on Porinju Veliyath stake buy
Sources : Economic Times, Mint, Business Standard & The Hindu Business Line.
