Paytm lifeline to Snapdeal ex-staffers

New Delhi: With hundreds of employees being handed out pink slips by Snapdeal and Stayzilla, rival e-commerce firm Paytm is walking into the ring by offering generous job offers to laid-off staffers. Last week Softbank-backed e-commerce firm Snapdeal announced laying off 500-600 employees across verticals while homestay-booking platform Stayzilla shut shop. PTI

End of the road for Maruti’s popular Ritz

New Delhi: The country’s largest carmaker Maruti Suzuki India (MSI) has stopped selling one of its popular hatchbacks Ritz in both domestic and international markets. Launched in 2009 in both petrol and diesel versions, the Ritz sold a total of around four lakh units. PTI