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Paint 3D is now a part of the Microsoft’s Creators Update test build

Paint 3D is now a part of the Microsoft’s Creators Update test build

You know you’ve been wanting to play around with that new version of Microsoft Paint — if only to see if it is, indeed, that big of an update to the long-maligned drawing application that’s been shipping with Windows since the mid-1980s.

Paint 3D is unquestionably one of the biggest refreshes in the application’s history. In fact, it’s really a complete rethink, one that serves as a major cornerstone for Microsoft’s upcoming Windows 10 Creators Update, aimed at making 3D content creation an essential part of the operating system.

Reliance Jio seeing sharp decline in subscriber growth rate: analysts

Reliance Jio seeing sharp decline in subscriber growth rate: analysts

New Delhi: Despite expanding distribution channels from just Reliance-owned retail stores to others, Reliance Jio Infocomm Ltd is struggling with slow subscriber growth and the subscriber run rate has fallen to less than 50% after the first 15 days of the launch. In fact, the company’s sale of SIM cards has been hit adversely after the government’s demonetisation move as there has been a 40-50% dip in the footfall in comparison to last month, Motilal Oswal noted in a 16 November report.

Infosys invests Rs14.5 crore in Danish artificial intelligence start-up

Infosys invests Rs14.5 crore in Danish artificial intelligence start-up

Bengaluru: Infosys Ltd has invested 14.92 millon Danish krone (Rs14.5 crore) from its “innovation fund” in UNSILO, a Danish artificial intelligence start-up focused on advanced text analysis.

The deal comes at a time when companies around the globe, including Infosys clients, are trying to find better ways to make sense of a large amount of unstructured text.

Air India to induct two A320 neos from January

Air India to induct two A320 neos from January

Air India is all set to take delivery of its first more fuel-efficient A320 neo aircraft in January next year.

As it works on ways to turn around its fortunes, the airline is looking to ramp up the fleet with more fuel-efficient A320 neo (new engine option) planes.

Sensex, Nifty post fourth straight weekly losses on weak sentiment

Sensex, Nifty post fourth straight weekly losses on weak sentiment

Mumbai: Indian shares ended lower on Friday, after fluctuating earlier in the session, as overall sentiment remained dented after US Federal Reserve chair Janet Yellen signalled an interest rate hike was imminent, while investors back home were worried about the government’s move to remove high-value notes. The gauge had plunged by 1,290.06 points in the previous four sessions.

Air India charging thrice the normal fare from senior citizens booking online

Air India charging thrice the normal fare from senior citizens booking online

The Narendra Modi-led central government has on several occasions chest-thumped about having changed the fortunes of Air India and Air India Express. Only recently it announced that Air India had made a profit after long. However, it turns out, some part of this profit would have been made by charging senior citizens booking tickets online as much as three times the normal adult airfare across sectors in India.

Thousands of people above the age of 60 years – pensioners, retired people, armed forces personnel and others – use Air India every month. The government-run airline seems to have charged these people at much higher rates than usual, even as they are entitled to concessionary airfare.

SBI seeks further easing of S4A norms

SBI seeks further easing of S4A norms

State Bank of India (SBI) has written to Reserve Bank of India (RBI) seeking further relaxation of the scheme for sustainable structuring of stressed assets (S4A), said two bankers aware of the development.

“Any kind of restructuring plan needs to allow either reduction of interest rates, extension of repayment period or additional funding for troubled borrowers.

Vishal Sikka says Trump win may weigh on Infosys margins

Vishal Sikka says Trump win may weigh on Infosys margins

Berlin: Indian software service group Infosys is bracing for pressure on its US business from anti-immigrant policies by US president-elect Donald Trump, who has identified clamping down on immigration as one of his three top priorities.

“Margins might be impacted in the near-term,” chief executive Vishal Sikka said, adding the company had not yet done any simulations on how large the impact may turn out to be.

Ford cuts 2017 profit forecast for credit arm

Ford cuts 2017 profit forecast for credit arm

Ford Motor Co on Thursday lowered the 2017 pretax profit forecast for its financial services arm by $300 million due to lower auction values for used vehicles in the United States.

The company now expects Ford Credit to record a pretax profit of about $1.5 billion in 2017.

Sebi to auction Sahara group’s 5 more land parcels

Sebi to auction Sahara group’s 5 more land parcels

Moving ahead with sale of Sahara assets to recover money, regulator Sebi today lined up as many as five land parcels of the beleaguered group for an e-auction next month at a total reserve price of over Rs 130 crore.

Earlier, 13 properties were put on the block in October and their combined reserve price was about Rs 1,400 crore.

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