In its second major sale during this festive season, Flipkart is offering 10 per cent instant discount on transactions using credit and debit cards from Axis Bank, Citibank, ICICI Bank and Kotak Mahindra Bank

Although Flipkart did not disclose the financial details of the investment, it said that it will work in tandem with Fashion brand USPL to deepen product offerings on its e-commerce platform

NetApp has invested heavily in compliance and security technologies that help customers feel confident when they move data to the cloud, said Senior Vice President Anthony Lye

With the launch of IN 1b and IN Note 1, Micromax has marked its return in the Indian smartphone market on Tuesday. The phones will go on sale from November 24 on Flipkart and Micromax's official website

Weaker refining and chemicals margins have also hit the company's net profit, which fell to 44.21 billion riyals ($11.79 billion) for the quarter ended Sept. 30 from 79.84 billion riyals last year

Flipkart was also an early investor in Mech Mocha, whose team will now be integrated into Flipkart Gaming post acquisition

The Bengaluru-based startup plans to use the funds to develop the product, enhance user experience and strengthen its team, Tinystep said in a statement.

The Centre for Innovation, Incubation and Entrepreneurship was set up in 2002 as a research institution. It turned into a full-fledged incubation centre in 2007. Since then, it has mentored 68 start-ups.