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Daimler recalls hundreds of thousands of Mercedes-Benz diesel vehicles
Posted on 12th October 2019
German carmaker Daimler is recalling hundreds of thousands of Mercedes-Benz vehicles including Sprinter van models over diesel emissions issues.

Daimler said late on Friday that Germany’s road traffic regulator KBA has concluded hearings over certain Mercedes-Benz vehicles with so-called OM651 diesel engines meeting Euro 5 emission standards and has ordered Daimler to carry out recalls.

Weekly Bild am Sonntag on Sunday reported a recall of Mercedes-Benz Sprinter vehicles was imminent after KBA warned the luxury carmaker that the transporter vans may contain illegal engine management software.

“Mercedes-Benz customers will be notified in writing over further actions if their vehicle is subject to the recall and a software update can be installed,” the company said.

Daimler said a “medium six figure” number of vehicles would be affected by the recall, including 260,000 Sprinter vans from a previous generation of vehicles that went out of production in 2016, and that it was fully cooperating with the regulator.

KBA proceedings with regard to engine control functionality were far advanced but not yet concluded, it said. More orders from the regulator could therefore not be ruled out.

Earnings would not be further affected by the KBA proceedings, it added.

In June, Daimler issued a profit warning and announced an increase of legal provisions by a high three-digit million euros amount, to cover various ongoing governmental proceedings and measures relating to diesel vehicles.

Related Companies: Mercedes Benz India Limited   

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Last date for filing Income Tax Returns extended till November 30
Posted on 4th July 2020
The Income Tax department on Saturday extended the last date for filing tax returns (ITR) for the financial year 2019-20 till November 30, 2020.

Understanding & keeping in mind the times that we are in, we have further extended deadlines. Now, filing of ITR for FY 2019-20 is extended to 30th Nov, 2020. We do hope this helps you plan things better, the department said in a tweet.

Gold prices today steady at Rs 48,350 per 10 gm, silver at Rs 48,550 a kg
Posted on 4th July 2020
Gold prices today remained steady at Rs 48,350 per 10 gram, while silver declined to Rs 48,550 from Rs 48,600 per kilogram, according to Good Returns website.

Gold jewellery prices vay across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

With 22,771 new COVID-19 cases, India sees highest single-day spike
Posted on 4th July 2020
India on Friday reported its highest single-day spike of COVID-19 cases with 22,771 cases reported in the last 24 hours, said the Union Ministry of Health and Family Welfare.

With these fresh cases, India's coronavirus cases tally has gone up to 6,48,315, out of which there are 2,35,433 active cases in the country and 3,94,227 cases have been cured/discharged or migrated.

Gold standard of protection: Pune man gets mask made of gold worth Rs 2.89 lakh
Posted on 4th July 2020
While the government has made wearing a mask in public places mandatory, people are using whatever they find to cover their face to safeguard themselves from coronavirus.

However, a Pune man has gone a little more extravagant and got a face mask made of gold that costs a whopping Rs 2.89 lakh.

Hammered by Covid-19 pandemic, Air France announces 7,500 job cuts
Posted on 4th July 2020
Air France and regional subsidiary Hop announced 7,500 job cuts Friday after the virus pandemic grounded most flights and darkened prospects for future air travel.

Activists from multiple unions protested at Air France headquarters at Paris' Charles de Gaulle Airport as talks began Friday morning about future job prospects at France's flagship airline.

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