Morning News Headlines
Economic Times
● Banks set to refer 24 of 28 large NPA cases to NCLT
● Railways set to start Rs 10k-cr track renewal drive
● Arrow electronics to buy elnfochips for Rs 1800 crore
● Adani, Neyveli Lignite & Sembcorp in race to buy stake in GMR project
● CCI verdicts fail to act as deterrents to malpractice
Business Standard
● CPI for industrial workers up at 3.79% in Nov as food items get costlier
● Iron, Steel cos' GNPA for PSBs in basic metals 24%: Govt
● SBI's New Year gift: base rate cut by 30 bps, home loan fee waiver extended
● JSW Energy scraps Rs 27bn deal to buy JP power's Bina assets over delay
● Prestige buys CapitalLand stakes for Rs 3.42 bn
Mint
● Medplus promoter raises Rs 750 crore of debt to buy out PE investors
● ITC, JK Paper among potential suitors for sirpur Paper Mills
● Bandhan Bank files DRHP, eyes IPO launch in March or April
● Gujrat NRE Coke's creditors reject lone bidder's resolution plan
● SAIL's plans to buy distressed steel firms may face headwinds
Money Control
● JM Financial seeks shareholders' nod to raise up to Rs 650 crore
● Salil Parekh to take over as Infosys CEO and MD today
● Rs 1.6 lakh crore raised via various stock market routes in 2017
● PFC- led lenders to give Rs 11K Cr to Ghatampur power plant
● L&T wins Rs 2,100 crore contracts from HPCL, Reliance Industries
