Today's Headlines from www:
*Economic Times*
π TCS to open up AI platform Ignio to third-party players
π Bharti Airtel shareholders approve merger proposal with Tata Teleservices
π Nalco pays record dividend of Rs 1,102 crore for FY18
π ICICI Prudential sells 2.05% stake in Tata Chemicals
π Aditya Birla Fashion gets shareholders' nod to raise up to Rs 1,250 crore
π Domestic pharma players eye Bharat Serums acquisition
π ISRO keen to outsource PSLV, small satellite launch vehicle
π Cabinet approves additional funding of Rs 635 crore for IPPB
*Business Standard*
π MakeMyTrip and Yatra looking to optimise promotional costs to trim losses
π Jaguar Land Rover India registers 83% growth in 2017-18, says MD Rohit Suri
π Household financial savings climb to 7-year high, says RBI report
π Government hikes spending on postal payments bank to Rs 14.35 billion
π ICICI Bank tells Sebi it was unaware of conflict of interest
π Government mulls action against India heads of social media on fake news
π Finance Ministry to push S&P for ratings upgrade on Thursday
π RBI balance sheet expands by 9.5% in FY18 on rise in foreign investments
*Financial Express*
π Nomura pegs total stressed assets at Rs 16.30 lakh crore
π Rupee slips to record closing low of 70.59
π Sundaram Mutual plans to raise up to Rs 400 crore via NFO
π HCL opens IoT innovation labs in US, India
π US economy grew at a brisk 4.2 percent annual rate in Q2
π RBI surplus transfer to government rises 63.08% in FY18
π Current account deficit expected to be largely financed by FDI flows
π Irdai makes long-term insurance for new cars, two-wheelers mandatory
*Mint*
π Demonetisation comes to haunt govt as RBI says 99.3% notes back
π Aditya Birla, Varde to set up $1 billion JV to buy stressed assets
π RInfra sells Mumbai power utility to Adani
π IL&FS plans to divest assets, cut debt by up to βΉ30,000 crore
π Indian Oil earmarks βΉ22,000 crore capex for FY19
π Xander firm close to buying Omkarβs upcoming mall for βΉ2,300 crore
π Unitech Q1 net loss widens to βΉ73 crore
π Fuel retailers set to expand network after four-year gap.
*Economic Times*
π TCS to open up AI platform Ignio to third-party players
π Bharti Airtel shareholders approve merger proposal with Tata Teleservices
π Nalco pays record dividend of Rs 1,102 crore for FY18
π ICICI Prudential sells 2.05% stake in Tata Chemicals
π Aditya Birla Fashion gets shareholders' nod to raise up to Rs 1,250 crore
π Domestic pharma players eye Bharat Serums acquisition
π ISRO keen to outsource PSLV, small satellite launch vehicle
π Cabinet approves additional funding of Rs 635 crore for IPPB
*Business Standard*
π MakeMyTrip and Yatra looking to optimise promotional costs to trim losses
π Jaguar Land Rover India registers 83% growth in 2017-18, says MD Rohit Suri
π Household financial savings climb to 7-year high, says RBI report
π Government hikes spending on postal payments bank to Rs 14.35 billion
π ICICI Bank tells Sebi it was unaware of conflict of interest
π Government mulls action against India heads of social media on fake news
π Finance Ministry to push S&P for ratings upgrade on Thursday
π RBI balance sheet expands by 9.5% in FY18 on rise in foreign investments
*Financial Express*
π Nomura pegs total stressed assets at Rs 16.30 lakh crore
π Rupee slips to record closing low of 70.59
π Sundaram Mutual plans to raise up to Rs 400 crore via NFO
π HCL opens IoT innovation labs in US, India
π US economy grew at a brisk 4.2 percent annual rate in Q2
π RBI surplus transfer to government rises 63.08% in FY18
π Current account deficit expected to be largely financed by FDI flows
π Irdai makes long-term insurance for new cars, two-wheelers mandatory
*Mint*
π Demonetisation comes to haunt govt as RBI says 99.3% notes back
π Aditya Birla, Varde to set up $1 billion JV to buy stressed assets
π RInfra sells Mumbai power utility to Adani
π IL&FS plans to divest assets, cut debt by up to βΉ30,000 crore
π Indian Oil earmarks βΉ22,000 crore capex for FY19
π Xander firm close to buying Omkarβs upcoming mall for βΉ2,300 crore
π Unitech Q1 net loss widens to βΉ73 crore
π Fuel retailers set to expand network after four-year gap.
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