Live Updates Live Coverage Updates appear automatically as they are published. Intel's Slams the Door on Car Business 11:26 am Newspaper The Oregonian reports that Intel (Nasdaq: INTC) will close its automotive chips division and lay off the majority of workers in that business.

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 25,175 level, a premium of nearly 103 points from the Nifty futures’ previous close.