A look at the headlines in the sector right now:

  1. SC bars Jaypee Infratech promoters, directors from selling property without court permission: The company deposited Rs 275 crore in court on Wednesday.  
  2. Sensex, Nifty end trade higher for fifth straight day after auto, realty stocks surge: Adani Ports, HDFC, SBI, Asian Paints and Maruti were the top gainers on the BSE index.
  3. Uber CEO says company failed to disclose a breach that exposed data of 5.7 crore customers: The hackers downloaded the names and licence numbers of six lakh drivers, Dara Khosrowshahi said.  
  4. Centre forms committee to simplify filing of GST returns: The panel will submit its report by December 15.  
  5. Centre may soon link property transactions to Aadhaar, says minister: Minister of State for Housing Hardeep Puri said the move was meant to curb black money in the real estate sector.  
  6. Railways to go electric in five years, save about Rs 11,500 crore annually, says Piyush Goyal: The diesel locomotives will be used only for back-up purposes in the yards, he said.  
  7. Air India hires SBI Capital Markets to advise it on disinvestment matters, reports PTI: The airline has also constituted five teams to work on the stake sale process.