25 Jan: News Update

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Business Standard

Ø  Keep promoters out of insolvency process: Rajan

Ø  DIPP notifies FDI relaxation in several sectors

Ø  Govt decision on IDBI Bank privatisation stands: Jaitley

Ø  India ranks 177 out of 180 in Environmental Index

Ø  ICICI Bank lends ONGC Rs 4K cr for buying HPCL

Ø  58% banks report rise in bad loans in July-Dec: Survey

Ø  McDonald's joint venture co opposes its plea in HC



Ø  Recap plan: Govt to infuse over Rs 880 bn into 20 PSBs but with riders

Ø  Biocon Q3 net profit plunges 43% to Rs 920 million on higher interest

Ø  WEF 2018: Infosys, TCS join global tech-reskilling drive for 1 mn workers

Ø  EU fines Qualcomm $1.23 bn for paying Apple to use only its chips

Ø  Capital First Q3 net profit up by 42% on Y-o-Y basis; revenue rises 49%

Business Line



Mint

Ø  GDP may grow to 7% in FY19 as GST impact wanes: HSBC

Ø  Bharat Biotech's diarrhoea vaccine gets WHO nod

Ø  TCS m-cap crosses Rs. 6 lakh cr mark

Ø  Vijaya Bank Q3 net drops 65% to Rs. 79.56 cr on higher provisioning

Ø  New broker regulations will be out 'any time': IRDAI chief Vijayan



Ø  Airtel gets regulatory nod for Tigo Rwanda acquisition

Ø  Greenko, Tata, Adani, Torrent eye Odisha power distribution business

Ø  Idea’s Q3 loss triples to Rs1,285.6 crore on IUC cut, Jio tariff war

Ø  SoftBank leads $865 million investment in start-up Katerra

Ø  Canara Bank’s Q3 profit plunges 61% to Rs126 crore

Financial Express



Financial Chronicle

Ø  Wipro picks up minority stake in Harte Hanks for $9.9 million

Ø  Gems, jewellery exports decline 4.65 per cent in April-December 2017

Ø  High penalty, licence renewal for discoms in electricity bill

Ø  Marketing technology firm Netcore expands global presence

Ø  Reliance Retail breaks into top 250 list of global retailers, says report



Ø  US Senate confirms Jerome Powell as next Fed chairman

Ø  Mobile handset makers to add another 5 lakh jobs in two years

Ø  Open interest in derivatives on rise as Feb 1 approaches

Ø  Market witnesses biggest pre-budget rally in 10 yrs