14 November 2017

14 Nov: News Roundup

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Business Standard

Ø  Big tweak in insolvency law on cards

Ø  Airtel plans to raise $400 mn from Infratel stake sale

Ø  RIL takes corp bond route to cut Rs 2L cr debt

Ø  Qualcomm rejects Broadcom's $103 billion takeover bid

Ø  October retail inflation touches 7-month high

Ø  Business confidence improves in Q4: D&B

Ø  India Inc hopes for more cheer from GST council



Ø  Rural roads scheme gets Rs 100,000 crore push

Ø  NMDC Q2 net rises 10% to Rs 844 cr, income surges

Ø  L&T walks a tightrope as new orders dwindle

Ø  Shell to sell part of its Woodside Petroleum stake for $1.7 bn

Ø  Shriram General Q2 net surges 150% to Rs 143 cr

Ø  EY may be sole transaction advisor for Air India sale

Business Line



Mint

Ø  Rupee tanks 26 paise to 65.42/$

Ø  SpiceJet quarterly net jumps 79% to Rs. 105 cr

Ø  Tata Chemicals Q2 net profit up 52% at Rs. 273 cr

Ø  Adani Enterprises’ Q2 PAT down 6% to Rs. 59 cr

Ø  Global carbon emissions to rise 2% in 2017: scientists

Ø  Eveready-McLeod team up to brew packet tea business



Ø  Uber approves SoftBank multibillion-dollar investment offer

Ø  Vodafone, Idea to sell standalone tower assets to ATC for $1.2 billion

Ø  P&G profit rises 11% to Rs115.56 crore in September quarter

Ø  Khadim India to make stock market debut tomorrow

Ø  Idea Cellular reports Q2 net loss at Rs1,107 crore

Financial Express



Financial Chronicle

Ø  India to overtake Japan to be third largest economy by 2028

Ø  Nepal scraps $2.5 billion hydropower plant deal with Chinese company

Ø  Government to dispose of 5 lakh tons of pulses buffer stock by March

Ø  Reliance Nippon AMC Q2 net profit up 25 pc to Rs 122 cr



Ø  October trade deficit may widen to $10.8 billion

Ø  Castor seed set to see more correction before recovery

Ø  Cotton demand-supply situation favourable for textile firms

Ø  Govt seeks interim dividend, but CPSEs may not oblige

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