News Digest: Top Newspaper Headlines

 The Economic Times 

Tata Steel looks to expand in South Africa, eyes Highveld

Highveld has the capacity of 1 MT of steel products.

Birlas set to buy out Tatas from Idea; Siva also to exit

Sivasankarn to sell 1.7% to unnamed FII.

Diversified equity MFs fail to match Sensex's march

More than 50% of the open-ended diversified equity-mutual funds have under-performed the BSE Sensex.

The Hindu Business Line

SBI strike called-off 

Unions, management reach accord on contentious pension issue.

Private petrol retail outlets score over PSUs in sales

State-owned oil marketing companies may have to review plans.

A bonding with Maruti through rewards

Company set to announce unique loyalty programme for customers.

The Financial Express

OVL, CNPC to tie up for Columbian block

Joint bid likely to beat down Omimex valuation.

USO fund for posts proposed 

Corpus of the Universal Service Obligation (USO) fund would come from a levy on courier firms.

ONGC eyes control of Tide Water  

The company has offered to acquire 22.22% share held by Andrew Yule in Tide Water.

Daily News & Analysis -  Money

Big business houses see wealth surge   

Reliance de-merger, Tata acquisitions create major shareholder values.

Sebi will transfer benami IPO allotments to other investors 

Finance ministry set to move cabinet note to amend act.

Mobike majors are going green

Bajaj Auto will launch petrol/CNG or LPG bike next year.