A look at the headlines in the sector right now:

  1. Mukesh Ambani is the 33rd richest person in the world, says Forbes magazine: India has the fourth-highest number of billionaires globally. 
  2. Paytm’s new wallet insurance feature will protect your money from theft, unauthorised access: The service is available at no extra cost, and the money lost will be refunded to users’ accounts.
  3. D-Mart promoter’s shares open 102% higher than issue price: The firm plans on using the gains from the trade to clear its Rs 1,080-crore debt and invest in infrastructure.
  4. US may bar airline passengers from several countries from carrying large electronics on board: While some reports suggested the circular was against some West Asian countries, other said North African Nations were affected as well.
  5. Sand mining baron Sekar Reddy in ED’s custody after securing bail in CBI court: He was arrested in December 2016 after I-T raids found Rs 106 crore, of which Rs 10 crore was in new currency notes.
  6. YouTube apologises for blocking videos by LGBTQ members under parental-control feature: Some videos have been incorrectly labelled and that is not right, said the Google-owned video sharing platform.
  7. Stephen Hawking says he will travel to space on Richard Branson’s Virgin Galactic: On a British talk show, the physicist also said that he fears he might not be welcome in the US under the Donald Trump administration.