Mumbai, Jan 30 (PTI): The fledgling retail sector can employ persons with disability and mainstreaming of such differently-abled people can help add about 5-7 percent to the GDP, according to a report.

The Trust for Retailers and Retail Associates of India, in association with British lender HSBC, launched a report that said 80 percent of the roles in retail sector are customer facing and hence employing disabled people can have a multi-prong impact.

Apart from providing employment to the people, it can also sensitise larger society about the challenges faced by the persons with disabilities, it said. ************ Air India Sats appoints R Rajamani as CEO

Air India SATS Airport Services (AISATS), the ground handling arm of the national carrier has appointed Ramanathan Rajamani as its new chief executive. Rajamani succeeds Mike Chew who headed the company since October 2015, a release issued here said. With over 15 years of experience in both military and civil aviation sectors, Rajmani joined SATS in 2011 as head of the engineering team. *********** Castrol net rises 7.7%

Castrol India Wednesday reported a 7.72 per cent growth in the December quarter net at Rs 211 crore on a similar uptick in revenues at Rs 1,059 crore.

In a statement, the company said it plans to further invest Rs 150 crore at its facility in Silvassa. ************ Paytm launches domestic hotel bookings; acquires Nightstay

Digital payments platform Paytm has entered domestic hotel bookings space and said will invest over Rs 500 crore to expanding its portfolio.

The company has also acquired Nightstay, a luxury hotel-booking platform that offers deals on last-minute bookings, for an undisclosed amount.

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