Instagram unveiled a new feature allowing users to post one-second video "loops" in an effort to keep up with rivals offering animated images.

"Boomerang" is a new video application "that lets you turn everyday moments into something fun and unexpected," the Facebook-owned picture-sharing network said in a blog post.

Ideal Cellular has dipped 6% to Rs 143 on the BSE in otherwise firm market after the company’s July-September quarter (Q2) consolidated revenues slid 1.2% quarter-on-quarter (QoQ) to Rs 8,690 crore led by a fall in voice pricing and voice minutes of use due to an increasing rural subscriber base and seasonal effects.

Earnings before interest, tax, depreciation and amortization (EBITDA) margins declined 150bps QoQ to 35.2%. Net profit too declined 13.1% sequentially at Rs 809 crore, but it's better than analyst expectation of Rs 787 crore.

Telecom operator Reliance Communications is planning to roll out a third generation (3G) intra-circle roaming (ICR)-like agreement to continue 2G service in Bihar, West Bengal and Assam after its right to use 2G spectrum expires in December.

"RCom already has existing and valid ICR agreements with other telecom operators, predominantly Tata Teleservices and Aircel, to offer 2G global system for mobile (GSM) services to its customers in these three circles," a source privy to the development said.

One of India’s greatest opening batsmen Virender Sehwag announced on Tuesday that he will be retiring from all forms of international cricket and Indian Premier League (IPL).

Sehwag, celebrating 37th birthday today, had already hinted about his imminent retirement at a function in Dubai yesterday and he took barely a few hours to make it official.

When you think about smart TVs – and it’s hard to buy any other kind of TV these days – you probably picture something that looks like the image above: a big rectangular screen with a speaker and a stand under it. But Xiaomi’s new Mi TV 3, announced on Monday, is bucking that trend. In fact, Xiaomi is doing away with the most fundamental part of what we call a television: the screen.

To be clear, you can still buy a Mi 3 TV from Xiaomi that comes with a screen – a gorgeous, 60-inch 4K LG screen, to be specific. But with this model, Xiaomi has decoupled the smart TV’s brain from its screen, dropping it into a bar-shaped speaker called the Mi TV Bar that can be connected to any television to turn it into a smart TV running Xiaomi’s MIUI system. The Mi 3 TV doesn’t actually go on sale until November, but any screen – TV, computer monitor, projector – that’s in your home right now could essentially become a Xiaomi smart TV once you buy the bar, which costs RMB 999 ($157).

The foreign investment arm of India's top oil explorer ONGC is targeting $10-$12 billion of oil and gas asset purchases over the next three years, including more corporate acquisitions, its managing director said.

ONGC Videsh Ltd (OVL) hopes to capitalise on cheaper assets after a slump in oil prices and Prime Minister Narendra Modi's diplomatic efforts to boost the global presence of Indian firms.

Infosys and Huawei on Tuesday jointly launched Smart Stadium Solution to provide high-speed Wi-Fi access and smart services for users in stadiums and exhibition centers.

The solution integrates Huawei’s Agile Network and Infosys’ Entertainment Experience Platform. This solution can be combined with entertainment hubs to enable innovative service experiences and operational models.

With President Pranab Mukherjee expressing his concern on rising incidents of intolerance in the country, Finance Minister Arun Jaitley on Tuesday hit out at NDA ally Shiv Sena and said that there was an extremely disturbing trend where 'some people have resorted to vandalism as an instrument to convey their views.'

Condemning the incidents of intolerance, Jaitley said that it is against the traditions of our culture.

Snapping its four-day rising streak, the rupee fell 16 paise to 64.96 against the dollar in early trade due to fresh dollar demand from importers.

Besides, a weak opening in the domestic equity market put pressure, dealers said.

Markets have erased early morning losses and are trading in the positive zone led by buying in the information technology and consumer durables shares.

However, metal stocks are still reeling under pressure thus capping the upside.

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