24 January 2018

24 Jan: News roundup

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Business Standard

Ø  Modi shows Davos his $5-trillion plan for India

Ø  ArcelorMittal opts out of Bhushan Steel race

Ø  NCLT: Tatas oppose SP Group representation on board

Ø  Japanese investment jumps to $4,709 million in FY17

Ø  ONGC ties up 18K-cr loan from 3 banks for buying HPCL

Ø  FM Jaitley invites ASEAN nations to invest in India

Ø  Jio may soon pip Idea, Voda's revenue market share

Ø  ONGC gets govt nod to sell stake in IOC, GAIL to fund HPCL acquisition

Ø  United Spirits Q3 profit slips 9% to Rs 1.3 bn on the back of market change

Ø  Ex-RBI chief Raghuram Rajan says India rate panel's doing a good job

Ø  R-Infra plans captive use of 18 EVs, will set up charging stations

Ø  India should focus on women's inclusion in economy: IMF chief at WEF

Business Line

Mint

Ø  Bacardi to buy out Patron tequila in $5.1 billion deal

Ø  CBI to investigate NTPC, MMTC, others over coal imports

Ø  Bharat Dynamics files papers for IPO with SEBI

Ø  Tata Intl plans to double agri exports to $76 million by 2021

Ø  L&T Technology Q3 net up 16% at Rs. 126 cr

Ø  Welspun Corp plans to raise Rs. 250 cr via NCDs

Ø  Paytm valuation pegged at $10 b after secondary share sale

Ø  JPMorgan rolls out $20 bn investment plan after tax law gains

Ø  RBL Bank net income jumps 28% to Rs165.3 cr on fee income

Ø  Petrol, diesel prices jump; oil ministry seeks excise duty cuts

Ø  Indiabulls Housing Finance Q3 net rises 55% to Rs1,167 cr

Financial Express

Financial Chronicle

Ø  VMware joins NxtGen to deliver scalable Cloud experience

Ø  SBI sees bad-loan provisions as biggest challenge

Ø  Final arbitration hearings on India tax demand in August: Cairn

Ø  CBI probes Rs 487 crore coal import scam

Ø  Globalisation is losing its lustre: Modi

Ø  West must share benefits of growth with emerging world: Rajan

Ø  Wheat output may decline 2.31% to 96.1 million tonnes

Ø  Market witnesses biggest pre-budget rally in 10 yrs

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