A look at the headlines in this sector right now:

  1. Sensex drops 145 points after hitting two-year high: Analysts believe the Assembly election results will determine the next direction for the markets.
  2. Price of non-subsidised LPG raised by Rs 86, the steepest such hike ever in India: Subsidised cooking gas saw a marginal increase of 13 paise to now cost Rs 434.93 per 14.2-kg cylinder.  
  3. HDFC, ICICI and Axis Bank limit free cash deposits, withdrawals to four transactions: Customers will be charged Rs 150, or Rs 5 per thousand, for each bank transaction after the four free ones in a month.
  4. Marissa Mayer ready to give up her bonus for Yahoo’s lackadaisical response to 2014 hacking incident: Besides, General Counsel Ronald Bell has also resigned without his severance pay.
  5. No ban on water supply to Pepsi, Coca-Cola plants in Tamil Nadu, says Madras HC: The multinational companies said they would use only the surplus water.
  6. Cognizant spent $27 million on graft investigation last September, says report: The US-based company had announced an internal probe into allegations that it had made ‘improper payments to obtain permits and building licences in India’.  
  7. Facebook is using artificial intelligence to detect suicidal users in the US: The platform reaches out to the user with advice on how to get help.