A look at the headlines in the sector right now:

  1. Sensex closes 445 points higher, Nifty breaches 8,900-point mark after 18 months: Stocks rallied as global markets saw an upswing after fears subsided about an impending policy rate hike by the United States Federal Reserve.
  2. AAP government cannot penalise app-based taxis yet as a special panel's report is pending, says HC: The administration was directed to wait till the committee frames a uniform policy to address cab-related issues. 
  3. Britannia will have to temporarily stop selling its digestive biscuits, rules Delhi High Court: In a case related to copyright infringement, filed by ITC Ltd, the court asked the Bangalore-based company to phase out its existing stock in four weeks.
  4. India will soon stop importing petroleum products, says Nitin Gadkari: The Union minister said the move would help promote ‘alternative fuels’ and boost employment.
  5. ED files chargesheet against LIC agent in connection with Virbhadra Singh's money-laundering case: The agency has said that the Himachal Pradesh CM invested huge amounts in purchasing LIC policies through the accused between May 2009 and June 2012.
  6. BSNL says it will compete with Reliance Jio tariff-by-tariff: The state-run telecom company may even consider providing free voice calls to subscribers.
  7. Snapdeal to give collateral-free loans worth Rs 1,000 crore to sellers: The e-commerce platform said the move was to help sellers beef up their stock ahead of the festive season.