Newsmakers: Sensex tanks 537 pts, Wipro gets its new CEO and more

Sensex tanks 537 points on rout in China markets: The S&P BSE Sensex tumbled 537 points to end below its crucial psychological level of 26,000 in trade, while broader CNX Nifty also settled below its key support level of 7,800. Domestic markets slipped tracking weak trend seen in Asian markets after data on Friday showed China's factory activity shrank for a 10th straight month in December. Reacting to the news, China's benchmark CSI300 share index dipped 7 per cent on the first session of 2016, prompting the stock exchange to halt trading for the rest of the day.

Wipro names Abidali Neemuchwala new CEO: Wipro Ltd, India's third-largest software services exporter, on Monday named Abidali Neemuchwala, who joined the company nine months ago, the new chief executive with effect from February 1.

December manufacturing activity falls to 28-mth low: Manufacturing activity contracted in December for the first time in more than two years, hurt by softening domestic demand, adding pressure on the central bank to ease policy, Nikkei's Manufacturing Purchasing Managers' Index, compiled by Markit, showed. The Index fell to a 28-month low of 49.1 in December from November's 50.3.

TCS back in talks to buy Dell's Perot IT business: Tata Consultancy Services is in talks again to buy Dell's Perot IT business. The Indian IT services major had earlier withdrawn from talks to buy the Perot IT business after failed consensus on price.

Zuckerberg unveils plans to build artificially intelligent assistant: Mark Zuckerberg wants to build an artificially intelligent assistant in 2016 to help run his home and assist him at work, the Facebook Inc founder and chief executive said. Zuckerberg, who commits to a new personal challenge every year, revealed his plan in a Facebook post. "You can think of it kind of like Jarvis in Iron Man," Zuckerberg wrote, referring to an artificially intelligent butler who appears in the Marvel comic books and movies.