Today's Headlines from www:-
*Economic Times*
π Uber valued at up to $120 billion in IPO proposals
π Diageo to sell office space in UB Tower to DivyaSree Group
π Investor wealth soars by Rs 5.30 lakh crore in three days
π IIFL Home Fin raises Rs 1,400 crore from NHB and SBI
π Lenovo to raise mobile production capacity in India by up to 10 fold in 2019
π OPEC, allies yet to hike output by one million barrels per day: Oil Minister
π Amazon in talks to buy stake in Future Retail
π RBI releases norms for facilitating money transfer among e-wallets
*Business Standard*
π Rolls Royce CEO lays out the brand's future path, rules out hybrid cars
π Lenders of insolvent Bhushan Power pick Rs 197-billion bid of JSW Steel
π L&T only Indian firm among 25 companies in Forbes' best employer list
π FPIs dump banks, mutual funds lap up metals in September quarter
π At Rs 7.37 trn, RIL beats TCS to become India's most valued firm by m-cap
π Investment in India via P-notes hits 9 year low of Rs 795.48 bn in Sept
π Total SA eyes stake in Indian LNG terminals, city gas distribution: CEO
*Financial Express*
π US-China trade war brings $8.7 billion bonanza for Indian exports to America
π Share of investments in GDP to rise 33% by FY23: RBI working paper
π Edelweiss-backed firm eyes stakes in Rs 6,000 crore Essel Infra assets
π IndusInd Bank Q2 result: Profit rises 4.6% to Rs 920 crore, gross NPAs up as well
π Infosys Q2 result above analystsβ estimates, net profit up 13%
π Tractor manufacturer TAFE to expand production capacity in two plants
π Nokia, BSNL announce partnership to introduce 5G in India
π India attracted USD 22 billion of FDI flows in first half of 2018, says UN report
*Mint*
π Walmart trims 2018-19 earnings forecast on Flipkart deal
π Hero Motocorp reports subdued Q2 results, profit rises 3.38%
π Olaβs Foodpanda buys Holachef, looks to enter cloud kitchens
π GPF interest rate hiked to 8% for October-December quarter
π Piramal Enterprises may sell contract pharma business in $1 billion deal
π Spot power prices hot, Indian Energy Exchangeβs shares cold
π Builders scale down, exit projects amid cash crunch
π ArcelorMittal offers to settle KSS Petron, Uttam Galva dues.
*Economic Times*
π Uber valued at up to $120 billion in IPO proposals
π Diageo to sell office space in UB Tower to DivyaSree Group
π Investor wealth soars by Rs 5.30 lakh crore in three days
π IIFL Home Fin raises Rs 1,400 crore from NHB and SBI
π Lenovo to raise mobile production capacity in India by up to 10 fold in 2019
π OPEC, allies yet to hike output by one million barrels per day: Oil Minister
π Amazon in talks to buy stake in Future Retail
π RBI releases norms for facilitating money transfer among e-wallets
*Business Standard*
π Rolls Royce CEO lays out the brand's future path, rules out hybrid cars
π Lenders of insolvent Bhushan Power pick Rs 197-billion bid of JSW Steel
π L&T only Indian firm among 25 companies in Forbes' best employer list
π FPIs dump banks, mutual funds lap up metals in September quarter
π At Rs 7.37 trn, RIL beats TCS to become India's most valued firm by m-cap
π Investment in India via P-notes hits 9 year low of Rs 795.48 bn in Sept
π Total SA eyes stake in Indian LNG terminals, city gas distribution: CEO
*Financial Express*
π US-China trade war brings $8.7 billion bonanza for Indian exports to America
π Share of investments in GDP to rise 33% by FY23: RBI working paper
π Edelweiss-backed firm eyes stakes in Rs 6,000 crore Essel Infra assets
π IndusInd Bank Q2 result: Profit rises 4.6% to Rs 920 crore, gross NPAs up as well
π Infosys Q2 result above analystsβ estimates, net profit up 13%
π Tractor manufacturer TAFE to expand production capacity in two plants
π Nokia, BSNL announce partnership to introduce 5G in India
π India attracted USD 22 billion of FDI flows in first half of 2018, says UN report
*Mint*
π Walmart trims 2018-19 earnings forecast on Flipkart deal
π Hero Motocorp reports subdued Q2 results, profit rises 3.38%
π Olaβs Foodpanda buys Holachef, looks to enter cloud kitchens
π GPF interest rate hiked to 8% for October-December quarter
π Piramal Enterprises may sell contract pharma business in $1 billion deal
π Spot power prices hot, Indian Energy Exchangeβs shares cold
π Builders scale down, exit projects amid cash crunch
π ArcelorMittal offers to settle KSS Petron, Uttam Galva dues.
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