Today's Headlines from www:
*Economic Times*
π LPG price hiked by Rs 2.94 per cylinder
π Tatas reach pact with ATC; to pay $320 million as 1-time settlement, sell 13% stake
π Reliance AMCβs net profit up 12% at Rs 114 crore
π LIC seeks CCI nod for IDBI Bank deal
π Dalmia Bharat Q2 profit falls 88%; board okays amalgamation with OCL India
π SoftBank arm, Essel group to jointly develop 500-mw solar park
π ZEE launches online platform for retail advertisers
π Walmart India to invest USD 500 million to open 47 more stores by 2022
*Business Standard*
π IL&FS submits revival plan to NCLT, proposes capital infusion, assets' sale
π Amid stiff competition from rivals, Mondelez unveils R&D centre in Mumbai
π Govt, RBI must bring in more measures to improve liquidity scenario: Ficci
π Strides Pharma Q2 net loss at Rs 87 million on poor operating income
π Wire and cable maker Polycab India files IPO papers with Sebi
π Canara Bank Q2 profit rises 16% to Rs 3 bn; net interest rate grows 18%
π Real estate investment platforms, JVs raise $6 bn to date for India: JLL
π TPG Growth leads $42-million equity investment in Ess Kay Fincorp
*Financial Express*
π Rail freight up 8.75% for most commodities
π Raymondβs gross debt increases 24.5% y-o-y to Rs 2,260 crore
π Crisil expects B&M retailersβ capex to rise 60% in 3 fiscals
π Cyrus Investments seeks representation in Tata Sonsβ board of directors
π Strengthen NFRA to deal with challenges related to audit firms: Govt panel
π Royal Enfield takes production hit of 25,000 units due to ongoing strike
π PM Modi to unveil package for MSMEs, sops may include higher subsidy, PSU procurement
π India looks to adopt deterrent penalties in data protection law: IT Secretary
π Core sector growth slows down to 4-month low of 4.3pc in September
*Mint*
π India ease of doing business rank jumps 23 places to 77 in World Bankβs Doing Business 2019 survey
π Tata Motors posts Q2 loss on lean JLR sales, one-off charge
π L&T Q2 profit rises 23% to Rs2,230 crore, beats estimate
π Jet Airways gets payment delay notice from aircraft lessors
π Lupin Q2 profit plunges 41.5% to βΉ266 crore
π Adani Power net profit grows 22% to Rs 387 crore in Jul-Sep quarter
π Vedanta Q2 profit dips 34% to Rs1,343 crore
π NIIF buys infra debt provider IDFC Infrastructure Finance.
*Economic Times*
π LPG price hiked by Rs 2.94 per cylinder
π Tatas reach pact with ATC; to pay $320 million as 1-time settlement, sell 13% stake
π Reliance AMCβs net profit up 12% at Rs 114 crore
π LIC seeks CCI nod for IDBI Bank deal
π Dalmia Bharat Q2 profit falls 88%; board okays amalgamation with OCL India
π SoftBank arm, Essel group to jointly develop 500-mw solar park
π ZEE launches online platform for retail advertisers
π Walmart India to invest USD 500 million to open 47 more stores by 2022
*Business Standard*
π IL&FS submits revival plan to NCLT, proposes capital infusion, assets' sale
π Amid stiff competition from rivals, Mondelez unveils R&D centre in Mumbai
π Govt, RBI must bring in more measures to improve liquidity scenario: Ficci
π Strides Pharma Q2 net loss at Rs 87 million on poor operating income
π Wire and cable maker Polycab India files IPO papers with Sebi
π Canara Bank Q2 profit rises 16% to Rs 3 bn; net interest rate grows 18%
π Real estate investment platforms, JVs raise $6 bn to date for India: JLL
π TPG Growth leads $42-million equity investment in Ess Kay Fincorp
*Financial Express*
π Rail freight up 8.75% for most commodities
π Raymondβs gross debt increases 24.5% y-o-y to Rs 2,260 crore
π Crisil expects B&M retailersβ capex to rise 60% in 3 fiscals
π Cyrus Investments seeks representation in Tata Sonsβ board of directors
π Strengthen NFRA to deal with challenges related to audit firms: Govt panel
π Royal Enfield takes production hit of 25,000 units due to ongoing strike
π PM Modi to unveil package for MSMEs, sops may include higher subsidy, PSU procurement
π India looks to adopt deterrent penalties in data protection law: IT Secretary
π Core sector growth slows down to 4-month low of 4.3pc in September
*Mint*
π India ease of doing business rank jumps 23 places to 77 in World Bankβs Doing Business 2019 survey
π Tata Motors posts Q2 loss on lean JLR sales, one-off charge
π L&T Q2 profit rises 23% to Rs2,230 crore, beats estimate
π Jet Airways gets payment delay notice from aircraft lessors
π Lupin Q2 profit plunges 41.5% to βΉ266 crore
π Adani Power net profit grows 22% to Rs 387 crore in Jul-Sep quarter
π Vedanta Q2 profit dips 34% to Rs1,343 crore
π NIIF buys infra debt provider IDFC Infrastructure Finance.
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