After Facebook and Google, Microsoft has now banned advertisements showing cryptocurrencies and related products from its Bing search engine.

"Because cryptocurrency and related products are not regulated, we have found them to present a possible elevated risk to our users with the potential for bad actors to participate in predatory behaviours, or otherwise scam consumers," Melissa Alsoszatai-Petheo, Advertiser policy manager at Microsoft, said in a blog post on Wednesday.

The Bharatiya Janata Party (BJP) won 36.2% of the votes in the Karnataka election–its highest ever since the party first contested state elections in 1983.

However, the Janata Dal-Secular (JDS) with 18.3% vote share and the Indian National Congress (38%)–a combined vote share of 56.3%–may get to form the government in the state.

ArcelorMittal has transferred Rs 70 billion to an escrow account of State Bank of India (SBI) owing to payment of outstanding dues relating to defaulting firms in a bid to become eligible for Essar Steel.

Sources close to the development said a significant amount of around Rs 70 billion had been put into the SBI account with a proposal on escrow of the deposited funds.

New Delhi, May 15 () Food regulator FSSAI will finalise the labelling standards on packaged food products in the next 2-3 months and is open to make changes in the draft rules to address the industry's concern, its CEO Pawan Kumar Agarwal said today.

Last month, the Food Safety and Standards Authority of India (FSSAI) had issued a draft of Food Safety and Standards (Labelling and Display) Regulations, 2018 and sought comments from stakeholders.

New Delhi: India’s largest IT services firm TCS said on Tuesday it has expanded operations in Arkansas, US with over 200 employees joining the company as part of the Transamerica deal.

In January, Tata Consultancy Services (TCS) had signed a deal worth over $2 billion with Transamerica to administer the latter’s life insurance, annuity, supplemental health insurance, and workplace voluntary benefits products, and manage the administration of more than 10 million policies.

Global investors have priced in a "Modi win in 2019", and the government may consider various stimulus options to support the rural economy in the run-up to Lok Sabha elections next year, says a UBS report.

"Our discussions with investors and the market's multiples suggest that Prime Minister Narendra Modi winning 2019 is being priced in," UBS Securities Head of India Research Gautam Chhaochharia and Analyst Sanjena Dadawala said in a research note.

Tata Motors, ACC, Bharat Electronics (BEL), Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) were among 29 stocks from the S&P BSE500 index hitting their respective 52-week low in otherwise firm market.

Reliance Capital, Reliance Naval and Engineering, Unitech, Vakrangee, Laurus Labs, Eveready Industries, Glenmark Pharmaceuticals, Capital First and Allahabad Bank were others from the index that touched 52-week low on the BSE in intra-day trade on Tuesday.

NEW DELHI: The telecom regulator is considering a review of the charge that telecom operators pay each other for text messages — possibly even discarding it — a move that could trigger another clash with financially strapped older telcos.

The regulator is considering issuing a consultation paper to seek stakeholder views on revising the interconnection usage charge (IUC) for SMS, which may include the possibility of scrapping the charge altogether, people aware of the matter said.

BENGALURU: Infosys has begun looking for a technology services industry expert to replace Ravi Venkatesan as independent director on the company’s board, a person with direct knowledge of the plan told ET.

The software services exporter will involve an external agency to identify the right person, the source said, adding that the company would also “consider recommendations from existing board members as well from outside”.

NEW DELHI: Equity markets on Wednesday saw a positive start in morning trade as positive sentiment prevailed in the Street after BJP took early lead in Karnataka assembly election results.

30-share BSE Sensex opened around 20 points in the negative but zoomed into the green zone as the early trends of counting of votes started pouring in. At 9.30 am, Sensex was up more than 200 points at 35,759.40..

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