A look at the headlines in the sector:

  1. India continues to be a high-growth economy, says Arun Jaitley: Economic Affairs Subhash Chandra Garg made a presentation on the state of the economy and what lies ahead.
  2. Centre waives penalty for delay in filing GST returns for August-September: According to the law, a daily penalty of Rs 100 is levied on the Central GST and an equivalent amount on State GST.
  3. HDFC Bank net profit rises 20.1% in July-September quarter: The bank’s advances for the second quarter grew 22.34% to Rs 6.05 lakh crore year-on-year.
  4. Sensex ends 100 points higher, Nifty crosses 10,200 mark ahead of earnings reports: Asian Paints rose nearly 4.7% both on BSE and NSE after the company reports 8% rise in September quarter.
  5. Does Yamuna Expressway project belong to Jaypee Associates, SC asks debt-ridden realty firm: The company had proposed to sell the project to raise funds in order to pay back the money it owes to over 30,000 people.
  6. Sebi disposes of charges that NDTV promoters delayed disclosure of shareholding details in 2012: The stock exchanges admitted they had received the relevant disclosures within the stipulated time period.
  7. Reliance Communications’ shares decline after telecom department approves merger with Sistema: The merger will add about 2 million customers and an annual revenue of Rs 700 crore to the Anil Ambani-led company.