08 December 2017

8 Dec: News roundup

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Business Standard

Ø  Thanks to RBI, swiping your card at the local kirana store might soon become expensive

Ø  As new GE CEO goes for revamp of power unit, co plans cutting 12,000 jobs

Ø  Jet Airways Q2 net plunges 91%

Ø ArcelorMittal's India JV to get green light next week

Ø  After Hours: Maruti now 7th most valuable firm; GAIL spikes 9%



Ø  Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Ø  IRB Infrastructure hits 11-month low; stock dips 7%

Ø  Investor flow into equity mutual funds at Rs 20,308 cr in November

Ø  Cargill plans a pipeline to transport imported crude edible oil

Ø  PepsiCo reshuffles top deck, Mike Spanos to head Asia operations

Business Line



Mint

Ø  Tata Motors rolls out electric Tata Tigor for EESL

Ø  Amazon Web Services can now deliver cloud services to government clients

Ø  L&T shares climb over 2% after unit gets Rs. 1,600 cr order from HPCL

Ø  Emami acquires 30% stake in Helios Lifestyle



Ø  Sebi may allow mutual funds, portfolio managers to invest in commodities

Ø  Videocon d2h merger benefits blindside investors to Dish TV’s waffling performance

Ø  SAP plans to strike tech startup deals from $35 million SAP.iO fund

Ø  TVS buys 15% stake in electric two-wheeler startup Ultraviolette

Financial Express



Financial Chronicle

Ø  Wassenaar Arrangement agrees to admit India as its new member

Ø  RBI holds repo rate: ICICI Bank, HDFC Bank, SBI among top banks lead gains today

Ø  Bharti Airtel stock skyrockets over 7% in late trade today, adds over Rs 10,000 crore in market cap



Ø  GMR-Megawide short-listed for $250m Philippine airport finance bid

Ø  TVS Motor enters super-premium segment, unveils Apache RR 310 at `2.05 lakh

Ø  Bitcoin Soars Past $17,000 Mark

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