As part of the overall partnership, Paisabazaar.com will move its entire infrastructure to Microsoft Azure Cloud, the companies said in a statement.
Alibaba Group Chairman Jack Ma said Alibaba would showcase its vision for future Olympic Games through its technology at the PyeongChang Games.
Fortis Healthcare shares zoomed over 24 per cent to touch a high of Rs 157.05 per share.
Broadcom had made a revised offer to Qualcomm on February 6, up from the previously proposed deal price of $70 per share.
The micro-blogging platform reported $2.4 billion in revenue for 2017 -- a decrease of three per cent Year-on-Year.
After Europe, India's anti-competittion body has cracked the whip on Google and imposed a fine of Rs.156 crore ($21.1 million)
S&P 500 dropped 100.66 points, to 2,581.00. The Nasdaq Composite Index tumbled 274.82 points, or 3.90 percent, to 6,777.16.
The move follows the Delhi High Court ruling upholding an international arbitral award of Rs 3,500 crore to Japan's Daiichi Sankyo against the former promoters of Ranbaxy Laboratories.
The advance figure for seasonally adjusted initial claims four-week moving average was the lowest level since March 10, 1973 when it was 222,000.
The Palo Alto car company partly blamed the worst-ever figures on the high costs related to the production of its Model 3 electric sedan.
Around 1 p.m., the 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 34,208.11 points, traded at 34,538.91 points -- up 456.20 points or 1.34 per cent from its previous session's close.The wider Nifty50 of the National Stock Exchange (NSE) edged higher by 132.40 points or 1.26 per cent to trade at 10,609.10 points.
December marked the 42nd straight month of the nation's current account being in surplus.
News portal Fast Company reported that if Facebook is found at fault, it could be liable for $5,000 per violation.
Investors are now keeping an eye on the Reserve Bank of India's interest rate decision on February 7.
The acquisition will further reinforce the group's position as the largest taxi operator in Shenyang.