A look at the headlines in this sector right now:
- 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.
- 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’.
- Airtel scraps national roaming charges to combat Reliance Jio’s offers: The company also introduced various attractive plans for international roaming.
- 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.
- 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.
- 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’.
- 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.
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