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Alarming lessons from Facebook's effort to stop fake news in India

Alarming lessons from Facebook's effort to stop fake news in India

The world's largest election has become something of a test case in how technology giants handle fake news after years of scandal. It’s not working out so well.

India has as many as 900 million voters in an election that culminates this week, with Prime Minister Narendra Modi’s ruling coalition headed for apparent victory.

Tata Motors returns to profit in Q4

Tata Motors returns to profit in Q4

NEW DELHI: Automaker Tata Motors swung to profit in the fourth quarter ended March 31, 2019. The automaker reported a net profit of ₹1,117 crore while revenues declined 4% year-on-year to ₹86,422 crore.

Tata Motors had posted a loss for the third-quarter, hurt by an impairment charge for its luxury car unit Jaguar Land Rover. The automaker's loss came at ₹26,993 crore for the three months ended 31 December.

Ashok Leyland ready to ride on Elon Musk's India dream

Ashok Leyland ready to ride on Elon Musk's India dream

Tesla CEO Elon Musk who has been moving back and forth on his India dream for couple of years and unable to take the next big step now has an invitation from commercial vehicles major Ashok Leyland.

Musk wants to make India his next big market but the question lingers: Will the electric car ever run on the bumpy 'desi' roads?

Sebi imposes Rs 60 lakh fine on 9 entities for fraudulent trading practices

Sebi imposes Rs 60 lakh fine on 9 entities for fraudulent trading practices

Market regulator Sebi has slapped a total penalty of Rs 60 lakh on nine entities for indulging in manipulative trading in the scrip of Exdon Trading Company Ltd. Out of the nine entities, Henal C Patel, Dantara Amish Vijaykumar and Henal Hemantbhai Shah have been fined Rs 10 lakh each while others including Dhanlaxmi Lease Finance have been fined Rs 5 lakh each. These nine entities are the noticees.

Amazon's $575 mn investment delivers a $1 bn blow to food delivery sector

Amazon's $575 mn investment delivers a $1 bn blow to food delivery sector

In a market that took a breather after China played hardball on trade and talks on Brexit hit a dead-end, one sector got hot again: food delivery. But Amazon’s decision to take the lead in a $575 million funding round in British startup Deliveroo wasn’t welcomed by all investors.

Air India flight lands at Jamnagar IAF base after passenger suffers cardiac arrest

Air India flight lands at Jamnagar IAF base after passenger suffers cardiac arrest

An Air India flight from Delhi to Muscat was diverted to Jamnagar Air Force base Sunday night after a 33-year-old passenger suffered a cardiac arrest onboard.

After landing at the Indian Air Force base, the patient was rushed to the Jamnagar civil hospital accompanied by an IAF doctor.

Mercedes-Benz launches BS-VI compliant Long Wheelbase E-Class in India

Mercedes-Benz launches BS-VI compliant Long Wheelbase E-Class in India

German luxury carmaker Mercedes-Benz on Monday launched the BS-VI compliant Long Wheelbase E-Class sedan in India priced between Rs 57.5 lakh and Rs 62.5 lakh.

The New Long Wheelbase E-Class features two BS-VI compliant petrol and diesel engines along with a host of new interior features, Mercedes-Benz India said.

Adani's coal project in Australia may take off as new govt comes to power

Adani's coal project in Australia may take off as new govt comes to power

A surprise election victory for Australia’s pro-coal ruling Coalition is ratcheting up pressure on the Queensland state government to approve development in one of the biggest untapped reserves of the fossil fuel.

Adani Group’s Carmichael coal project is located in Australia’s huge Galilee Basin, which if fully developed, has the potential to more than double Australia’s thermal coal exports.

US' richest black promises to pay 400 students' loans, stuns entire class

US' richest black promises to pay 400 students' loans, stuns entire class

America's richest black billionaire and a prominent philanthropist stunned an entire graduating class at a college in Atlanta when he promised to pay off nearly 400 students' loans estimated at $40 million.

Robert F Smith, 56, made the announcement on Sunday while giving an address at Morehouse College, a historically all-male black college.

What Imran Khan should do to prevent Pakistan from FATF blacklisting

What Imran Khan should do to prevent Pakistan from FATF blacklisting

Pakistan needs to launch an aggressive diplomatic effort to secure enough support to come out of the grey list or prevent itself from falling into the black list of the Financial Action Task Force (FATF) next month, a senior government official has said.

The official's remarks came after a 10-member Pakistani delegation attended a two-day meeting of the Asia-Pacific Group (APG) of the Paris-based global watchdog FATF in the southern Chinese city of Guangzhou where it defended Pakistan's efforts against money laundering and terror financing.

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