Paytm Mall is offering on it platform discount of as much as 70 percent along with additional cashback on purchase of winter wear. In its ‘The Mega Winter Store’ offer, Paytm Mall is offering discounts on winter wear, accessories, footwear, groceries, home appliances including heaters, geysers, and more till year end. Even as all the deals are valid till December 31, individual products are subject to stock availability, company said in a release.

Microsoft’s Indian-origin artificial intelligence (AI) expert Joseph Sirosh has joined Compass as its Chief Technical Officer (CTO) as the American real estate technology company stepped up its efforts to ease sale and purchase of houses in the United States. In his new role, Sirosh will lead the company’s engineering team and help in developing new AI-powered products for the New York-based firm’s real estate ecosystem.

German carmaker Mercedes-Benz has topped sales satisfaction in the luxury vehicles segment followed by rival BMW in India, according to a study by global market research firm JD Power.

According to the J D Power 2018 India sales satisfaction index (luxury) study, Mercedes-Benz with a score of 903 ranks highest followed by BMW and Audi at second and third positions with scores of 900 and 888, respectively.

IT firm Infosys on Thursday announced inauguration of its new technology and innovation hub in Hartford in the US.

The company also announced that it has hired more than 7,000 American workers in the last 18 months as a part of its ongoing commitment to accelerate the pace of digital innovation for American enterprises.

Mumbai: The BSE benchmark Sensex cracked over 300 points and the NSE Nifty fell below 10,700 in early trade on Thursday on heavy selloff in metal and oil stocks ahead of the Opec meeting to discuss production policy, amid weakness in Asian equities.

Hawaii: Chinese handset maker OnePlus will join the growing roster of handset makers rolling out their 5G smartphones with a flagship device next year, featuring the latest Qualcomm Snapdragon 855 mobile platform.

Speaking at the Snapdragon Tech Summit here, OnePlus CEO Pete Lau said the company will have the first flagship smartphone to feature the Snapdragon 855 that will be rolled out next year in Europe in partnership with telecom operator, EE.

Maruti Suzuki will increase the prices of its vehicles across various models from next month to try and offset the impact of rising commodity prices and fluctuation in foreign exchange rates.

The largest car maker of the country, however, did not specify by how much the prices of its vehicles would increase. Maruti officials said they were working out the range of hike.

A central bank panel under governor Urjit Patel is unlikely to revisit the prompt corrective action (PCA) framework for weak banks in its much-awaited meeting on Thursday. Instead, it could just review the performance of 11 of the 21 state-run banks that are under the Reserve Bank of India’s

(RBI) corrective regime, a source close to the development told FE.

Rupee opened on a weak note Thursday as the domestic currency plunged 33 pasie versus the US dollar. The rupee opened at 70.79 per dollar on Thursday versus previous close 70.46. On Wednesday, the Reserve Bank of India, as widely expected, kept its key policy rate unchanged at 6.50 percent in its monetary policy review on Wednesday.

New Delhi: In what could give a major boost to broadband connectivity in rural areas, India’s most-advanced high-throughput communication satellite GSAT-11 was successfully launched from Spaceport in French Guiana, early morning on Wednesday. The satellite weighs 5854-kg GSAT-11 and is the heaviest satellite ever built by the Indian Space Research Organization (ISRO). It has a mission life of 15 years.

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