Domestic equity market on Thursday witnessed moderate recovery after choppy trade as both Sensex and Nifty reversed their two-day losing spell on the back of gains in heavyweights RIL, ITC and Yes Bank.

During the session, the BSE benchmark Sensex swung over 260 points both ways on alternate bouts of buying and selling by participants.

Even though only 40% customers have registered their channel choices under the new tariff guidelines that kick in from February 1, the Telecom Regulatory Authority Chairman R.S. Sharma on Thursday expressed confidence that service providers will be able get options from all their subscribers within a week.

Under a starry night and a waning gibbous moon, ISRO’s PSLV C-44 broke the silence over a brimming Pulicat lake as it lifted off from Satish Dhawan Space Centre, SHAR, to successfully place into orbit a military satellite, Microsat-R.

The mission with the modified PSLV with just two strap-on motors, dubbed the PSLV-DL (dual strap-ons), marked another first for ISRO as it provided an alternative to its normal six strap-on motors.

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.

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.

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 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.

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.

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 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.

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