A look at the headlines in this sector right now:

  1. Cyrus Mistry skips TCS meeting, after asking shareholders to ‘vote with their conscience’: Independent director Aman Mehta conducted the meeting as interim TCS chief Ishaat Hussain recused himself from chairing it.
  2. Demonetisation worse than a natural calamity, has caused great distress to Indians, says P Chidambaram: Arun Jaitley, however, said the currency ban will help banks boost the economy with low-cost lending.
  3. Reliance Jio ties up with Niantic to launch Pokémon GO in India: Users can download the app from Wednesday and play the augmented reality game without any data charges till March 31, 2017.
  4. Tata Sons’ claims that I worked jointly with Cyrus Mistry are false and baseless, says Nusli Wadia: The industrialist, in a letter, urged the group’s shareholders to decide whether they should condone the ‘coercive tactics’ of Ratan Tata.
  5. Sensex ends 183 points up, Nifty crosses 8,200 mark on positive cues from oil and auto trade: Investors are anxious about the results of the US Federal Reserve meeting, which concludes on Wednesday, expecting a spillover effect on other markets. 
  6. Asian Development Bank slashes India’s growth prediction for this year to 7%: In its report, the bank said demonetisation, poor investment and an agricultural slump have contributed to this drop.
  7. Two Indians feature in the Forbes list of America’s Richest Entrepreneurs under 40: Biotech entrepreneur Vivek Ramaswamy booked the 24th spot with a net worth of $600 million, and Apoorva Mehta’s Instacart app earned him the 31st rank.