MORNING NEWS CALL FACTORS TO WATCH 10:00 am: Trade Minister Suresh Prabhu, Transport Minister Nitin Gadkari, Oil Minister Dharmendra Pradhan, Telecom Secretary Aruna Sundararajan, Boeing India President Pratyush Kumar, Bank of America President & Country Head (India) Kaku Nakhate at annual general meeting of American Chamber of Commerce in India in New Delhi. 2:45 pm: Yes Bank MD & CEO Rana Kapoor to announce quarterly results in Mumbai. 4:30 pm: Trade Minister Suresh Prabhu and DIPP Secretary Ramesh Abhishek at India Intellectual Property Convention in New Delhi. 5:00 pm: Vice President Venkaiah Naidu and Health Minister J.P. Nadda at PGIMER Annual Convocation in New Delhi. 5:00 pm: Axis Bank Deputy MD V. Srinivasan and CFO Jairam Sridharan to address media after quarterly results in Mumbai. TRADING INDIA FORUM- INDIA FIXED-INCOME, MACROS AND RBI Rajeev Pawar, head of Balance Sheet and Investments at Edelweiss Financial Services shares, his views with us at 11:00 am IST. To join the Global Markets Forum, click here LIVECHAT - COMMODITIES FOCUS Jonathan Barratt, economist and CIO at Ayers Alliance and principal at Celsiuspro.com will be speaking at 09:30 am IST. To join the Global Markets Forum, click here INDIA TOP NEWS Bharti Infratel, Indus merging to form $14.6 billion telecom tower giant Bharti Infratel has agreed to merge with Indus Towers, in a deal that creates the world's No. 2 telecom tower company with an estimated equity value of $14.6 billion. India shows jobs growth as more than 3 million join social security fund More than three million workers joined India's state-run social security fund in six months through February, giving Prime Minister Narendra Modi some ammunition to defend his record on creating jobs ahead of a general election due next year. Wipro sees weak first quarter revenue growth after clients go bust India's third-biggest software services exporter Wipro on Wednesday forecast weak growth in revenue during the current quarter after two clients went bankrupt and it lost business in the U.S. Where's the money, RBI? Data shows India's old habits die hard Having speeded up printing presses to refill banks' empty ATMs in some parts of the country, the Reserve Bank of India released data on Wednesday showing that people were still hoarding cash as withdrawals outpaced spending. UltraTech Cement Q4 profit falls 39 percent UltraTech Cement,part of the Aditya Birla Group, posted a 38.5 percent fall in fourth-quarter profit on Wednesday, as higher expenses weighed. SoftBank to move ride-hailing stakes worth $20 billion to Vision Fund - FT Japan's SoftBank plans to shift more than $20 billion of its investments in top ride-hailing companies including Uber, Ola, Grab and Didi Chuxing into its Saudi-backed Vision technology fund, the Financial Times reported on Wednesday. REUTERS INDIA EDITION Thursday, April 26, 2018
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MORNING NEWS CALL
FACTORS TO WATCH
10:00 am: Trade Minister Suresh Prabhu, Transport Minister Nitin Gadkari, Oil Minister Dharmendra Pradhan,
Telecom Secretary Aruna Sundararajan, Boeing India President Pratyush Kumar, Bank of America President &
Country Head (India) Kaku Nakhate at annual general meeting of American Chamber of Commerce in India in New
Delhi.
2:45 pm: Yes Bank MD & CEO Rana Kapoor to announce quarterly results in Mumbai.
4:30 pm: Trade Minister Suresh Prabhu and DIPP Secretary Ramesh Abhishek at India Intellectual Property
Convention in New Delhi.
5:00 pm: Vice President Venkaiah Naidu and Health Minister J.P. Nadda at PGIMER Annual Convocation in New
Delhi.
5:00 pm: Axis Bank Deputy MD V. Srinivasan and CFO Jairam Sridharan to address media after quarterly results in
Mumbai.
TRADING INDIA FORUM- INDIA FIXED-INCOME, MACROS AND RBI
Rajeev Pawar, head of Balance Sheet and Investments at Edelweiss Financial Services shares, his views with us at
11:00 am IST. To join the Global Markets Forum, click here
LIVECHAT - COMMODITIES FOCUS
Jonathan Barratt, economist and CIO at Ayers Alliance and principal at Celsiuspro.com will be speaking at 09:30 am
IST. To join the Global Markets Forum, click here
INDIA TOP NEWS
Bharti Infratel, Indus merging to form $14.6 billion telecom tower giant Bharti Infratel has agreed to merge with Indus Towers, in a deal that creates the world's No. 2 telecom tower company
with an estimated equity value of $14.6 billion.
India shows jobs growth as more than 3 million join social security fund
More than three million workers joined India's state-run social security fund in six months through February, giving Prime
Minister Narendra Modi some ammunition to defend his record on creating jobs ahead of a general election due next
year.
Wipro sees weak first quarter revenue growth after clients go bust
India's third-biggest software services exporter Wipro on Wednesday forecast weak growth in revenue during the current
quarter after two clients went bankrupt and it lost business in the U.S.
Where's the money, RBI? Data shows India's old habits die hard
Having speeded up printing presses to refill banks' empty ATMs in some parts of the country, the Reserve Bank of India
released data on Wednesday showing that people were still hoarding cash as withdrawals outpaced spending.
UltraTech Cement Q4 profit falls 39 percent
UltraTech Cement,part of the Aditya Birla Group, posted a 38.5 percent fall in fourth-quarter profit on Wednesday, as
higher expenses weighed.
SoftBank to move ride-hailing stakes worth $20 billion to Vision Fund - FT
Japan's SoftBank plans to shift more than $20 billion of its investments in top ride-hailing companies including Uber, Ola,
Grab and Didi Chuxing into its Saudi-backed Vision technology fund, the Financial Times reported on Wednesday.
(Compiled by Priyanka Das in Bengaluru) For questions or comments about this report, contact: [email protected] For more information about our products: https://www.thomsonreuters.com/en/products-services.html Or send us a sales enquiry at: https://www.thomsonreuters.com/en/contact-us.html or call us on North America: +1 800 758 5555 To subscribe for the India Morning Newscall newsletter click here You may instruct us to remove you from Morning News Call by clicking on the link - https://forms.thomsonreuters.com/india-morning/Unsubscribe/
People use their mobile phones to take pictures of decorated elephants as they attend Thrissur Pooram festival which features a colourful procession of decorated elephants and drum concerts at a Hindu temple in Thrissur, India, April 25. REUTERS/Sivaram V