Benchmark share indices ended at their lowest closing level in three week amid a sell-off in late trades after weak economic data from China and devalution of the yuan sparked global growth concerns while the ongoing geopolitical tensions in the Middle-East also dampened sentiment.

The S&P BSE Sensex ended down 174 points at 25,406 and the Nifty50 closed 44 points lower at 7,741.

WeChat, the Uber popular Chinese message app with more than 500 million active users, is taking a leaf out of the Skype playbook after it launched an international telephone calling service.

The service is initially available for users based in the U.S., Hong Kong and India, but it will roll out to others over time. ‘WeChat Out’ is different from the existing calling options inside WeChat (voice and video) because it allows for calls to actual phone numbers (mobile and landline) rather than just to fellow WeChat users.

Mumbai: Mahindra and Mahindra Ltd, India’s largest SUV maker, on Wednesday launched Imperio, a pick-up truck. Priced at Rs.6.25 lakh (ex-showroom, Thane), the new offering is aimed at small and medium enterprises.

Positioned as a premium product offering, the model boasts of car-like convenience features, including ergonomically designed seats, air conditioner, a plush cabin and dashboard.

Kathmandu: A group of unidentified men on Tuesday hurled a petrol bomb at the Kathmandu-based office of Indian infrastructure major GMR Group, which is developing major hydropower projects in Nepal, amid the ongoing Madhesi stir.

Additional Inspector General of the Metropolitan Police Commissioner’s office Pratap Singh Thapa said window panes of the building were shattered but there was no casualty, Nepal news website MyRepublica reported.

Coal India Ltd (CIL) has been recording impressive production growth every month this fiscal year, compared with its dreary historical performance. But could lower demand from the power sector prove to be a party pooper?

The company’s production for December increased 10.8% year-on-year (y-o-y). Offtake (or sales volume) growth, however, remained stagnant at 9.7% y-o-y, missing the target of 12.7% given already high stocking at power plants and hence lower coal demand, Subhadip Mitra, analyst at JM Financial Institutional Securities Ltd, wrote in a note to clients.

Mumbai: Shares of infrastructure company Valecha Engineering Ltd fell as much as 15% on Wednesday after the capital markets regulator Securities Exchange Board of India (Sebi) banned the company and its promoters from the raising capital from public for three years with immediate effect. The stock touched a low of Rs.45.20—a level last seen on 29 September 2015.

MUMBAI: TCS, ITC, HCL Tech, Tata Motors, Idea Cellular and MRF are among the stocks identified by Ambit Capital that could fetch multi-fold returns. The brokerage has identified 30 stocks in the BSE 500 index based on accounting quality and corporate governance filters.

ET INTELLIGENCE GROUP: Abidali Neemuchwala has taken charge of Wipro at a time when the country's third-largest software exporter is trying hard to catch up with peers. Its stock has failed to earn returns in four out of the past five years, but rivals including TCS, Infosys, HCL Technologies and Tech Mahindra have fared much better, earning returns in at least three years in the same period.

With 11-year low oil price forcing oil and gas producers to cut spending, Prime Minister Narendra Modi on Tuesday brainstormed with global experts on ways to attract investments and raise domestic production.

Modi, in a two-hour long meeting with experts including BP Group chief executive Bob Dudley and International Energy Agency (IEA) Executive Director Fatih Birol, discussed steps needed to give fillip to domestic oil and gas sector where no major discovery has been brought to production in the last five years.

Chinese technology major Lenovo has launched a portfolio of new laptops, desktops and monitors across the Yoga series, ideapad and ideacentre brands to upgrade personal computer experience, leading with Yoga 900S, the world's thinnest convertible laptop.

The new collection offers people distinct choices in performance, aesthetics and mobility.

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