A look at the headlines in the sector right now:

  1. India’s smartphone market records 5.2% growth in 2016 as demonetisation hits year-end sales: Samsung, Lenovo and Micromax were the top three mobile manufacturers in the country for the year, said a research and analytics firm.
  2. Tata Motors Q3 net profit falls 96% because of Jaguar Land Rover’s poor show: The October-December is the period when the company had faced controversies such as Cyrus Mistry’s ouster.
  3. Sensex ends 183 points down, Nifty slips below 8,800 as markets react to possible US Fed rate hike: Tata Motors’ share value fell by 10% after the company posted a 96% drop in its Q3 net profit.
  4. Disney, YouTube cut ties with web-based comedian PewDiePie over anti-Semitic videos: The Swedish artist defended himself by saying that his content was for entertainment only.
  5. Ola, Uber drivers continue their strike in NCR for the sixth day: State Transport Minister Satyendra Jain on Tuesday had met private cab owners and protesting drivers’ unions.
  6. BookMyShow’s parent company acquires 75% stake in ticketing and planning firm Townscript: BookMyShow CEO Ashish Hemrajani said the company would invest in scaling up Townscript’s operations.
  7. WhatsApp beta for iOS shows Snapchat Stories-like feature for status messages: Instead of a message, the app will allow users to upload photos and video stories.