A look at the headlines in this sector right now:

  1. Ratan Tata has no plans of stepping down at this point, says company after reports to the contrary: A statement said that a process is being put in place merely to ensure there is a smooth succession at an appropriate time.
  2. SC refers all demonetisation cases to a constitution bench: The apex court said it did not wish to interfere with the Centre’s decision and barred all high courts from hearing petitions on the currency ban.
  3. Paytm claims 48 customers had duped the firm of Rs 6.15 lakh: The CBI filed an FIR after Legal Manager M Sivakumar said clients had received refunds even though their orders had been successfully delivered.
  4. OnePlus co-founder Carl Pei questions Flipkart ad on Amazon-exclusive smartphone: He tweeted to Sachin Bansal after his company teased the sale of OnePlus3 at discounted price.
  5. Nusli Wadi sues Tata Sons for defaming him, seeks Rs 3,000 crore in damages: The ousted independent director said the steps taken against him by the conglomerate were hasty and vindictive.
  6. Two engineering students arrested in Rajasthan for duping Flipkart of Rs 1.05 crore, 152 phones: The accused would order expensive products, then get refunds by falsely claiming they had received empty boxes.
  7. WhatsApp could soon allow users to revoke, edit sent messages: A beta version of the messaging app included the features in its update.