A look at the headlines in this sector right now:

  1. Markets close lower before Donald Trump’s speech and GDP data publication: The BSE Sensex fell 80.09 points to 28812.88 while the NSE Nifty 50 dropped 43 points to end at 8896.70.
  2. Nokia resurrects iconic 3310 at Mobile World Congress, 17 years after debut: HMD Global, which will sell the phone, said the phone would have all its classic features including long battery life and ‘Snake’.
  3. Airtel scraps national roaming charges to combat Reliance Jio’s offers: The company also introduced various attractive plans for international roaming.
  4. ONGC to take control over Hindustan Petroleum, says report: The Rs 44,000-crore deal is a part of the government’s plan to set up an integrated public sector oil firm.      
  5. Samsung will launch Galaxy S8 on March 29: The announcement followed the controversy involving the South Korean firm’s Galaxy Note7 devices bursting into flames.
  6. Five telecom operators in India is enough competition in the market, says telecom secretary: JS Deepak said the ongoing consolidation in the sector ‘is going to be very good for India’.
  7. Paytm says it now has over 200 million users, aims for 500 million by 2020: The company’s founder Vijay Shekhar said the total balance of all the wallets the company operates was Rs 899.11 crore.