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Blocking of Microsoft Bing in China due to technical error, not censorship

Blocking of Microsoft Bing in China due to technical error, not censorship

Microsoft Corp.’s search engine Bing was blocked in China due to an accidental technical error rather than an attempt at censorship, according to people familiar with the matter, and the search engine is once again accessible in the country.

The government had no intention to block Bing when it stopped working this week, according to two people with knowledge of the matter who asked not to be identified discussing confidential information.

Reliance Jio launches Rs 594 and Rs 297 long-term prepaid recharge plans

Reliance Jio launches Rs 594 and Rs 297 long-term prepaid recharge plans

In a bid to expand its horizon in long-term validity prepaid plans, Mukesh-Ambani led Reliance Jio has announced two new packages worth Rs 594 and Rs 297. The newly launched Reliance Jio long validity prepaid packs have been specially launched for JioPhone users. Both the prepaid JioPhone plans offer unlimited high-speed internet, complimentary subscription to Jio Apps and 300 SMS.

PSU bankers raise questions about delay in RBI action against Kochhar

PSU bankers raise questions about delay in RBI action against Kochhar

A section of public sector bankers Thursday raised questions about the RBI seeking powers to regulate state-owned banks saying it apparently failed to act against officials in the ICICI Bank-Videocon matter despite claiming to have enough powers to deal with private sector lenders.

Against the backdrop of CBI Thursday naming former ICICI Bank chief Chanda Kochhar and others in the alleged quid pro quo in extending Rs 3,250-crore loan to Videocon Group,

Tata Motors to bid adieu to Nano from April 2020

Tata Motors to bid adieu to Nano from April 2020

Tata Motors has no plans to invest and upgrade Ratan Tata's dream car Nano to meet BS-VI standards, a senior company official said Thursday indicating that the production and sales of the vehicle would stop from April 2020.

"Nano is produced at our Sanad plant (Gujarat)....in January new safety norms came, in April some more new norms will come and in October new safety norms will come and BS-VI is going to happen from April 1 of 2020, so all products may not meet (BS-VI norms) and we may not invest in upgrading all the poducts.

Google's bid to battle Amazon hits hurdle as Walmart leaves it high and dry

Google's bid to battle Amazon hits hurdle as Walmart leaves it high and dry

Walmart Inc. has quietly withdrawn from one of Google’s marquee efforts to challenge Amazon.com Inc. in e-commerce.

Walmart removed its products from Google’s Shopping Actions service, the internet giant said on Thursday. The retailer also recently dropped out of Google Express, a related delivery service.

No-deal Brexit to take a toll on Ford as it faces a bill of up to $1 bn

No-deal Brexit to take a toll on Ford as it faces a bill of up to $1 bn

Ford Motor Co said on Thursday it faces a bill of up to $1 billion if Britain leaves the European Union without a deal, comprising World Trade Organization tariffs and the impact of a weaker pound.

The impact of Brexit on Ford, based on internal calculations, would be in the range of $500 million to $1 billion depending on a variety of factors, Ford said in a statement.

Air India Express to start first direct Sharjah-Surat flight service from Feb 16

Air India Express to start first direct Sharjah-Surat flight service from Feb 16

Air India Express will launch its first direct flight service from Surat to Sharjah on February 16 and will also expand services from Gulf to Kannur in Kerala. The carrier, the international budget arm of Air India, will deploy Boeing 737-800 NG aircraft on this route.

The flight will depart from Sharjah at 7:35 PM and arrive in Surat at 11:45 PM on Mondays and Saturdays, the airline announced in a statement. From Surat, the flight will depart at 12:30 AM with arrival into Sharjah at 02:15 AM on Tuesdays and Sundays.

Hyundai seeks incentives, infra support from govt for electric vehicles

Hyundai seeks incentives, infra support from govt for electric vehicles

Hyundai Motor India Ltd (HMIL) has sought incentives and infrastructure from the government to support electric vehicles. The development comes at a time when the company announced that it will start manufacturing electric cars from second-half of next year at its facility near Chennai for the domestic market.

YES Bank net profit falls 7% to Rs 1,002 crore; Ravneet Gill named MD & CEO

YES Bank net profit falls 7% to Rs 1,002 crore; Ravneet Gill named MD & CEO

YES Bank on Thursday reported a 6.9 per cent YoY fall in its net profit at Rs 1,001.85 crore for third quarter (October-December) of FY19. It had posted PAT of Rs 1,076.87 crore in the year-ago period. Sequentially, the figures grew 3.9 per cent.

The bank also announced Ravneet Gill as the MD and CEO w.e.f from March 1, 2019. Currently, Ravneet Gill is the CEO of Deutsche Bank India. The bank said its board will convene on January 29, 2019 to finalise the interim transition.

Mercedes-Benz forays into luxury MPV with V-Class: Check prices, features

Mercedes-Benz forays into luxury MPV with V-Class: Check prices, features

German auto major Mercedes-Benz Thursday made a foray into the luxury multi-purpose vehicles segment in India with the launch of its V-Class at a starting price of Rs 68.40 lakh.

The V-Class will be available in both six-seater long-wheelbase (Exclusive) and seven-seater extra-long-wheelbase (Expression) variants, Mercedes-Benz India said in a statement.

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