02/12/2019

MORNING NEWS HEADLINES

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MONEYCONTROL


• Jagran Prakashan: The board will mull share buyback on December 9.


• DHFL: RBI filed a plea to start the insolvency process against the company. 


• Bharti Airtel: The company will consider raising funds via debt, equity on December 4.


• 5paisa Capital: Subsidiary company 5Paisa P2P received a certificate of registration to act as NBFC-P2P from RBI.


• Infosys: The company signed an agreement with the Australian Federal Government's Services Australia to transform the entitlement calculation engine for the nation's welfare system.


BUSINESS STANDARD


•  Bharti Airtel and Vodafone Idea on Sunday announced a tariff hike in the range of 15 per cent and 40 per cent across different plans.


•  Car sales drop again after festive season; industry pins hope on Dec demand.


• Growth in India's energy consumption, power supply hits five-year low.


• Indian and foreign airlines, private equity funds, and high net worth individuals have evinced interest in acquiring Air India.


• Sep quarter Debt MFs see Rs 5000-crore outflow over rating downgrades.


FINANCIAL EXPRESS


• MMTC signs 2nd onion import order, to buy 11,000 tonnes from Turkey.


• Passenger vehicle sales in slow lane again, drop 4 per cent in November.


• Diwali in October boost Nov GST mop-up, up 6%.


• Reserve Bank may cut interest rates for the sixth straight time on December 5 to support growth that has continued to slip to more than six-year low.


• China wants US tariffs rolled back in phase one trade deal.

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Tags:Equity News

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