Expressing grief over the train accident in Punjab, Bihar Chief Minister Nitish Kumar has questioned the level of preparedness for the public event near railway tracks.

More than 58 people were mowed down by a train on railway tracks Friday evening at Joda Phatak area near Amritsar during Dussehra celebrations.

Android manufacturers will have to pay $40 per device to Google in Europe to be featured into Google Play Store and other mobile apps.

According to a report in The Verge on Friday, a confidential fee schedule shows costs as high as $40 per device to install the "Google Mobile Services" suite of apps.

Globally, it was called Hyundai Atos. When this tall car with a short bonnet and a vertical back was launched in India on September 23, 1998, Hyundai chose the name Santro—taken from Saint-Tropez, the French city famous for fashion—because the company wanted to project it as a ‘fashionable’ new car. It was the first uniquely-designed small car that was not a Maruti (Fiat had launched the forgettable Uno in 1996), and it appealed to customers.

Investors have lost close to Rs 4 lakh crore in the last two trading sessions alone; the total wealth eroded since September is now Rs 22.3 lakh crore.

On Friday, the Sensex shed 463.95 points, or 1.3%, to close the session at 34,315.63 while the broader Nifty 50 pared 149.5 points, or 1.4%, to end at 10,303.55. With Friday’s fall, the Nifty 50 has come off more than 12% from its August highs.

ArcelorMittal on Friday emerged as the highest bidder for Essar Steel, the company said in a release to the Luxembourg stock exchange.

“ArcelorMittal confirms it has been informed by the committee of creditors (CoC) for Essar Steel that it has been evaluated to be the H1 resolution applicant (the preferred bidder) in the corporate insolvency resolution process for Essar Steel,” it said. The company will now enter into further negotiations with the CoC, ArcelorMittal added.

Even as the legal uncertainty on crypto currencies looms in India, crypto currency exchange Unocoin has launched its first ATM in Bengaluru. Through this ATM, traders can deposit physical cash (in rupees) in their crypto wallet and can trade in bitcoin and other cryptocurrencies.

Nearly three out of every four H-1B visa holders as of October 5 are Indian citizens, an official US report has said.

According to the US Citizenship and Immigration Services (USCIS), there were as many as 419,637 foreign nationals working in the US on H-1B visas as on October 5.

The Reserve Bank of India (RBI) has opposed the creation of an independent payments regulator, which was recommended by a committee set up by the government. The central bank has sought to retain control of payment companies with itself, through a dissent note placed on the RBI website.

IT industry body NASSCOM has signed an MoU with a leading technology community here to help small and medium-sized Indian enterprises expand their operations in the Middle East and North Africa region.

The MoU between the National Association of Software and Services Companies (NASSCOM) and the Dubai Internet City (DIC) is first of its kind in the Middle East and North Africa (MENA) region.

Coal India has decided to increase the tenure of fuel supply pacts to be signed with the steel industry to 10 years with a view to reducing the sector's reliance on imports for the fuel, according to a notice.

The new FSA tenure would be applicable from the fourth tranche of the auction of coking coal linkages for the steel sector to be held shortly, Coal India said in a notice to its subsidiaries.

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