A look at the headlines in this sector right now:

  1. Ratan Tata named interim chairman of Tata Sons as board replaces Cyrus Mistry: A selection committee has been formed to choose the next chief of the holding company.
  2. GST allows for online payment of taxes through debit, credit cards, says revenue secretary: Government official Hasmukh Adhia said dues could be transferred from private bank accounts too.
  3. Sensex hits two-week high in mid-afternoon trade: The banking and oil and gas sectors, as well as public sector units, were the major winners on Monday.
  4. AT&T will buy Time Warner in $85.4-billion deal: The companies are expecting to close the deal by the end of 2017, after the US Department of Justice reviews it.
  5. Adani Power reports lowered net loss of Rs 114.40 crore in Q2: India's largest private power producer cited reduced costs as a reason for the figure.
  6. BMW India and Ola enter strategic tie-up: To begin with, the luxury cars will be inducted into the fleet across Delhi, Mumbai and Bengalaru.
  7. S Bhaskar becomes the new executive director and CEO of Equitas Holdings: The company also appointed S Vasudevan to the post of chief financial officer