- Queues have formed outside stores for Jio SIM cards, with stocks running out and activation issues. Speculation has grown that the large response may compel Reliance to extend the free offer beyond January 2017. ET
- Gas distributors saw a bumper quarter, and companies have seen strong sales volumes and bigger margins. Benefiting from this trend has been Mahanagar Gas. The company has seen a 21% fall in its input costs, which have helped drive up its operating margins by 20%. LiveMint
- B2B startups are also facing challenges in raising money, with the VC funding crunch reducing to less than half of what it was the previous year. Investors usually look at B2B startups more favorably due to lower customer acquisition costs. FE
- The Supreme Court, noting the stream of cases against individuals criticising the government has stated that someone making a statement to criticise the government does not invoke an offence under the sedition or defamation law. BS
- Photo of the Day: A Ganesha idol is loaded on a supply truck on the first day of the festival in Ahmedabad. Reuters/Amit Dave
