Investors wealth was today eroded by Rs 4.6 lakh crore amid massive selling in the stock market where the BSE benchmark index plummeted 840 points. The 30-share Sensex crashed 839.91 points, or 2.34 percent, to end the day at 35,066.75. Following the sharp decline in stocks, the market capitalisation of BSE-listed companies tumbled Rs 4,58,581.38crore to Rs 148,54,452 crore.

Daimler's new Mercedes A-Class, unveiled on Friday, includes the German automaker's own machine-learning and voice recognition technology in one of the industry's boldest attempts so far to take on Silicon Valley's finest.

The Mercedes "MBUX" dashboard system to be rolled out across the lineup is about as capable at understanding what you say - and more importantly what you mean - as Amazon's Alexa, Apple's Siri or Alphabet's Google Assistant.

The Reserve Bank of India (RBI) on Friday once again cancelled its scheduled auction of dated securities, signalling its discomfort with yields.

The cancellation of Rs 110 billion worth of bonds was a good enough reason for the 10-year bond yields to cool down by a steep 17 basis points from its day's highs. The yields topped 7.67 per cent at noon and then corrected to 7.50 per cent by the afternoon after rumours of potential secondary market bond purchases by the RBI, but the yields rose again to close at 7.56 per cent.

New Delhi: State-run telecom firm BSNL has sought Rs6,652 crore as equity infusion from the government to fund its spectrum purchase worth about Rs13,885 crore, telecom minister Manoj Sinha informed Parliament on Friday.

BSNL has submitted a detailed project report (DPR) to the Department of Telecom (DoT) for allotting 5MHz spectrum in 2100 MHz band, used for 3G and 4G services, in all telecom circles where it operates, except for Rajasthan.

Private sector lender Yes Bank today said it will raise $600 million (approx Rs 3,830 crore) through issuance of fixed term notes under its $1 billion Medium Term Note (MTN) programme. “The Capital Raising Committee of the board..apporved the issuance and allotment of fixed term notes for an aggregate principal amount of $600 million under the $1 billion Medium Term Note Programme of the bank,” Yes Bank said in a BSE filing.

Reliance Jio topped the chart of 4G broadband service providers for the 11th straight month by recording a peak download speed of 25.6 mbps for November 2017, data published by telecom regulator Trai showed today.

Vodafone, the closest competitor to Jio, registered a top download speed of 10 megabit per second (mbps) followed by Bharti Airtel 9.8 mbps and Idea Cellular 7 mbps in November 2017, as per Trai data.

The government is expecting to have the winning bidder for national carrier Air India by the end of June and the "legal closing" of the transaction by year-end, Union Minister Jayant Sinha said on Friday.

To revive the fortune of the debt-laden carrier, the government has decided on a strategic disinvestment and a group of ministers is working on the modalities.

Bajaj Auto hit a new high of Rs 3,473, up 2% on BSE in early morning trade, after the company reported healthy sales growth for January, with total sales jumping 46% at 353,147 units over the previous year. It had sold total 241,917 units in the same month last year.

The company’s overall motorcycles sales jump 36% year on year (YoY) at 288,936 units.

The first month of 2018 seems to have brought big cheers to the automobile makers in the country as they logged good growth in volumes.

"2018 has started on a positive and promises progressive growth for the industry, with company's volume growth of 8.3 per cent on improved buying potential, led by stable micro economic factors," said Rakesh Srivastava, Director, Sales and Marketing, at Hyundai Motor India Ltd (HMIL) on Thursday.

NEW DELHI: On Friday, the markets in early trading, gave a cold shoulder to Budget 2018 as the benchmark indices tanked below key psychological markets.

Sensex lost 580 points to slip to intra-day low of 35,314.97. Nifty's intra-day low came at 10,826.50, almost 300 points below previous closing mark.

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