A look at the headlines in this sector right now:

  1. Sensex, Nifty make marginal gains amid hopes of an RBI rate cut and strong Asian cues: Real estate companies were the best performers on the BSE, while Adani Ports, HDFC and Tata Power rose as well.
  2. The Lego Group will have a British Indian CEO by December-end: Sixty-year-old Bali Padda will replace Jorgen Vig Knudstorp, who oversaw the company’s operations for ten years.
  3. Despite Jio’s entry, Bharti Airtel’s market share rises in country’s top five circles: Data issued by the Telecom Regulatory Authority of India indicated that the operator gained in Tamil Nadu, Karnataka, Delhi, Andhra Pradesh and Mumbai.
  4. Banks should suspend operations till RBI ensures there is enough cash, say unions: Employees said the demonetisation exercise was taking a toll on their physical and mental health.
  5. Diplomatic missions of Russia, Ukraine and 3 other countries write to Centre slamming cash scarcity: Officials said Indian diplomats in their nations may face similar restrictions if the curbs continue.
  6. Cyrus Mistry tried to make conglomerate his ‘personal fiefdom’, says Tata Sons: The group issued a statement countering the ousted chairperson’s latest allegations.
  7. India will be home to 600 million internet users by 2020, claims study: Right now, around 343 million Indians use the world wide web.