A look at the headlines in the sector right now:

  1. Reliance Jio denies reports of massive hacking after website leaks customer data: The site that had released the details is now no longer accessible.
  2. Corporate earning cues help Sensex hit new all-time high, Nifty ends above 9,700: The NSE index had stopped trading briefly after facing a technical glitch.
  3. Air India stops serving meat to domestic economy class passengers as a way to ‘cut costs’: This will save the airline around Rs 8 crore a year.
  4. Fresh corporate investments grew at the slowest pace since 1992 in the 2016-17 financial year: Analysts said a poor demand in the economy and banks’ reluctance to lend to new projects had led to this decline.
  5. Anand Mahindra apologises after audio clip of HR asking Tech Mahindra employee to resign goes viral: The company chairperson said they will take action to ensure that such an incident was not repeated in the future.
  6. Paytm transfers 800 staff to Paytm Mall: Paytm Mall has said that it plans to hire 2,000 more employees across business and technology roles this year.
  7. Airtel postpaid customers can now carry forward their unused data balance: The carrier sunused data up to 200 GB will be rolled over for use the next month.