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Lamborghini, the fabled Italian sports car manufacturer,&nbsp;on Monday, unveiled its new Sports Utility Vehicle, accelerating into a fast-growing market already crowded with upmarket rivals.

The Urus, as the four-wheel drive &quot;super SUV&quot; will be known, was revealed at the Volkswagen group-owned company&rsquo;s historic home near Bologna.

It will reach a top speed of 305 kph (190 mph), can go from zero to 100 kph in 3.6 seconds and brake from 100 kph to zero in 33.7 metres, company officials said.

Building the Urus, which will be sold in Europe for 171,500 euros ($203,000) excluding taxes, was &quot;challenging at every level,&quot; said Lamborghini CEO Stefano Domenicali.

With its 650-horsepower, twin-turbo V8 engine, the Urus is something that has never been seen before on a road, according to the firm`s design director, Mitja Borkert.

He said the SUV was inspired by two emblematic models from the past -- the LM002 that was the company`s first foray into SUVs (it was dubbed the Lamborghini Truck), and the distinctively wedge-shaped Countach sportscar of the 1970s and 1980s.

The SUV &quot;allows you to travel on any terrain: on road, off road, on ice but also on sand dunes,&quot; said Lamborghini research and development director Maurizio Reggiani, suggesting it will be the fastest SUV on the market.

In the battle to capture the attention of wealthy drivers, the new entrant will be up against the likes of Bentley`s Bentayga, the Mercedes G-Class and footballers` favourite, the Porsche Cayenne.

Aston Martin, Rolls Royce and Ferrari are all either in the process of or considering joining the high-rev party, despite the reservations of purist fans of those famous brands.

Sales of SUVs and CUVs (crossover utility vehicles) have increased by 233 percent in the last 10 years, creating a market of 26,47 million units in 2016.

Analysts expect the broader market to expand a further 30 percent by 2020, although the ultra-expensive super SUV sector will represent only a tiny niche part of the increase.

The Lamborghini plant has been redesigned and its capacity doubled with the addition of 500 new staff to meet anticipated demand from one of the auto industry`s most dynamic sectors.

In 2016, nearly 21,000 super SUVs were sold, up 346 percent&nbsp;in five years, according to IHS Markit.

Lamborghini made 3,457 sports cards last year and is expecting to sell a similar number of the Urus by 2019. The first models will be registered next year.

Building the Urus, which will be sold in Europe for 171,500 euros ($203,000) excluding taxes, was 'challenging at every level,' said Lamborghini CEO Stefano Domenicali

Lamborghini, the fabled Italian sports car manufacturer, on Monday, unveiled its new Sports Utility Vehicle, accelerating into a fast-growing market already crowded with upmarket rivals. The Urus, as the four-wheel drive "super SUV" will be known, was revealed at the Volkswagen group-owned company’s historic home near Bologna. It will reach a top speed of 305 kph (190 mph), can go from zero to 100 kph in 3.6 seconds and brake from 100 kph to zero in 33.7 metres, company officials said. Building the Urus, which will be sold in Europe for 171,500 euros ($203,000) excluding taxes, was "challenging at every level," said Lamborghini CEO Stefano Domenicali. With its 650-horsepower, twin-turbo V8 engine, the Urus is something that has never been seen before on a road, according to the firm`s design director, Mitja Borkert. He said the SUV was inspired by two emblematic models from the past -- the LM002 that was the company`s first foray into SUVs (it was dubbed the Lamborghini Truck), and the distinctively wedge-shaped Countach sportscar of the 1970s and 1980s. The SUV "allows you to travel on any terrain: on road, off road, on ice but also on sand dunes," said Lamborghini research and development director Maurizio Reggiani, suggesting it will be the fastest SUV on the market. In the battle to capture the attention of wealthy drivers, the new entrant will be up against the likes of Bentley`s Bentayga, the Mercedes G-Class and footballers` favourite, the Porsche Cayenne. Aston Martin, Rolls Royce and Ferrari are all either in the process of or considering joining the high-rev party, despite the reservations of purist fans of those famous brands. Sales of SUVs and CUVs (crossover utility vehicles) have increased by 233 percent in the last 10 years, creating a market of 26,47 million units in 2016. Analysts expect the broader market to expand a further 30 percent by 2020, although the ultra-expensive super SUV sector will represent only a tiny niche part of the increase. The Lamborghini plant has been redesigned and its capacity doubled with the addition of 500 new staff to meet anticipated demand from one of the auto industry`s most dynamic sectors. In 2016, nearly 21,000 super SUVs were sold, up 346 percent in five years, according to IHS Markit. Lamborghini made 3,457 sports cards last year and is expecting to sell a similar number of the Urus by 2019. The first models will be registered next year.

Lamborghini launches SUV Urus which can hit 100kmph in 3.6 seconds

Fans and loyalists of the Star Wars series have another reason to rejoice! The upcoming release of the latest in the franchise, Star Wars: The Last Jedi will also coincide with the release of the exclusive <a href="http://www.wionews.com/topic/oneplus" target="_blank">OnePlus</a> 5T Star Wars Limited Edition phone in India.&nbsp;

OnePlus&#39;s flagship handset OnePlus 5T was previously launched only in black colour after which it was also released in attractive &#39;Lava Red&#39; for Chinese users last week. The launch of Star Wars Limited Edition handsets is another move for the company to spur sales of its flagship device of the year. The handset will sport an all-white back and black exteriors on the front. A fingerprint sensor is located at the back, right above the standard OnePlus logo.&nbsp;

OnePlus 5T launched in India a month back with specifications like 6.01-inch full optic AMOLED display with full-HD+ (1080 x 2160) resolution and 18:9 aspect ratio. The Star Wars Edition will retain all specifications similar to the standard version, it will runs on 2.5GHz octa-core Qualcomm Snapdragon 835 SoC and shall come in two variants -- 6GB RAM/64GB of internal storage and 8GB RAM/128GB storage. The handset also boasts of a rear-facing fingerprint scanner and a pre-installed Face Unlock feature.

<iframe allow="encrypted-media" allowfullscreen="" frameborder="0" gesture="media" height="315" src="https://www.youtube.com/embed/9II-OyakdxE" width="560"></iframe>

It is not known if the Limited Edition smartphone will be exclusive to India. There is no word on the pricing of the feature phone as well. Amazon India has been chosen by the Chinese smartphone making giant make the Star Wars handset available in the country, besides this, the phone will also be available on oneplustsore.in and select experience stores.&nbsp;

The official website states that the phone will be launched at 7 pm on December 14 at Carnival Cinemas Wadala - Mumbai. Ticket sale for the official launch event will start on the official website on December 7th, 10 am. Customers attending the event will get free popcorn and soft drinks on the house; an official Star Wars T-shirt (worth Rs.999) and a OnePlus Star Wars Laptop bag (worth Rs.1999) at the launch venue.

OnePlus 5T was launched in India along with its international release on November 16.

The phone will be launched at 7 pm on December 14

Fans and loyalists of the Star Wars series have another reason to rejoice! The upcoming release of the latest in the franchise, Star Wars: The Last Jedi will also coincide with the release of the exclusive OnePlus 5T Star Wars Limited Edition phone in India. OnePlus's flagship handset OnePlus 5T was previously launched only in black colour after which it was also released in attractive 'Lava Red' for Chinese users last week. The launch of Star Wars Limited Edition handsets is another move for the company to spur sales of its flagship device of the year. The handset will sport an all-white back and black exteriors on the front. A fingerprint sensor is located at the back, right above the standard OnePlus logo. OnePlus 5T launched in India a month back with specifications like 6.01-inch full optic AMOLED display with full-HD+ (1080 x 2160) resolution and 18:9 aspect ratio. The Star Wars Edition will retain all specifications similar to the standard version, it will runs on 2.5GHz octa-core Qualcomm Snapdragon 835 SoC and shall come in two variants -- 6GB RAM/64GB of internal storage and 8GB RAM/128GB storage. The handset also boasts of a rear-facing fingerprint scanner and a pre-installed Face Unlock feature. It is not known if the Limited Edition smartphone will be exclusive to India. There is no word on the pricing of the feature phone as well. Amazon India has been chosen by the Chinese smartphone making giant make the Star Wars handset available in the country, besides this, the phone will also be available on oneplustsore.in and select experience stores. The official website states that the phone will be launched at 7 pm on December 14 at Carnival Cinemas Wadala - Mumbai. Ticket sale for the official launch event will start on the official website on December 7th, 10 am. Customers attending the event will get free popcorn and soft drinks on the house; an official Star Wars T-shirt (worth Rs.999) and a OnePlus Star Wars Laptop bag (worth Rs.1999) at the launch venue. OnePlus 5T was launched in India along with its international release on November 16.

Ready for the Limited Edition OnePlus 5T Star Wars device? Amazon to make it available in India

The benchmark BSE Sensex fell over 108 points in opening trade following a cautious stance adopted by participants ahead of the RBI policy review amid weak Asian cues.

The 30-share index fell by 108.10 points, or 0.32 percent, to 32,761.62 as power, metal, infrastructure, capital goods, IT, tech, banking and auto stocks declined. 
 
The gauge had gained 36.78 points in the previous volatile session.

The NSE Nifty too was quoting 28.30 points, or 0.27 per cent, down at 10,099.45.

The RBI&#39;s two-day monetary policy review kicks off today and the decision is due tomorrow. This has led to selling by investors, which added to the negative mood. 
 
Weak Asian cues as technology stocks tracked a sell-off in their US counterparts that saw the Nasdaq tumbling over 1 per cent overnight, weighed on the sentiments, brokers said.

Major losers that dragged down the key indices include Adani Ports, NTPC, Tata Steel, Power Grid, Bajaj Auto, Wipro, Coal India, Hero MotoCorp, HDFC Bank, ONGC, L&amp;T, Dr Reddy&#39;s and SBI.

Among other Asian markets, Hong Kong&#39;s Hang Seng was down 0.39 percent while Japan&#39;s Nikkei shed 0.42 per cent in early session today. Shanghai Composite Index too shed 0.02 per cent. PTI

The NSE Nifty too was quoting 28.30 points, or 0.27%, down at 10,099.45

The benchmark BSE Sensex fell over 108 points in opening trade following a cautious stance adopted by participants ahead of the RBI policy review amid weak Asian cues. The 30-share index fell by 108.10 points, or 0.32 percent, to 32,761.62 as power, metal, infrastructure, capital goods, IT, tech, banking and auto stocks declined. The gauge had gained 36.78 points in the previous volatile session. The NSE Nifty too was quoting 28.30 points, or 0.27 per cent, down at 10,099.45. The RBI's two-day monetary policy review kicks off today and the decision is due tomorrow. This has led to selling by investors, which added to the negative mood. Weak Asian cues as technology stocks tracked a sell-off in their US counterparts that saw the Nasdaq tumbling over 1 per cent overnight, weighed on the sentiments, brokers said. Major losers that dragged down the key indices include Adani Ports, NTPC, Tata Steel, Power Grid, Bajaj Auto, Wipro, Coal India, Hero MotoCorp, HDFC Bank, ONGC, L&T, Dr Reddy's and SBI. Among other Asian markets, Hong Kong's Hang Seng was down 0.39 percent while Japan's Nikkei shed 0.42 per cent in early session today. Shanghai Composite Index too shed 0.02 per cent. PTI

Sensex slips 108 points ahead of RBI meet, on Asian cues

The Google Doodle is celebrating 50 years of Children&#39;s programming language by introducing the first ever coding doodle, &quot; Coding for Carrots&quot;.

The Interactive doodle shows how users can program by helping a white rabbit to pass through six levels and reach carrot.&nbsp;

<div class="ui-state-default" contenteditable="false">
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<blockquote class="twitter-tweet" data-lang="en">
Celebrate <a href="https://twitter.com/hashtag/CSEdWeek?src=hash&amp;ref_src=twsrc%5Etfw">#CSEdWeek</a> &amp; 50 yrs of kids coding languages by checking out our VERY FIRST coding <a href="https://twitter.com/hashtag/GoogleDoodle?src=hash&amp;ref_src=twsrc%5Etfw">#GoogleDoodle</a>! ??????&rarr; <a href="https://t.co/Kr7pjrLXOr">https://t.co/Kr7pjrLXOr</a> <a href="https://t.co/V0aJFBBAM2">pic.twitter.com/V0aJFBBAM2</a>
&mdash; Google Doodles (@GoogleDoodles) <a href="https://twitter.com/GoogleDoodles/status/937550459195203584?ref_src=twsrc%5Etfw">December 4, 2017</a></blockquote>
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<a class="close-mark close-div" href="#" id="jqclosemark">&times;</a></div>

The users can reach the carrot by putting together coding blocks based on a Scratch programming for kids.&nbsp;

The Scratch programming was developed by Lifelong Kindergarten Group at Massachusetts Institute of Technology (MIT).&nbsp;

In 1967, the first coding language, Logo, was designed for&nbsp;kids.

The programming involved a green turtle that moved around and drew lines on a black screen.&nbsp;

The Google Doodle is the outcome of the collective efforts of three teams- Google Doodle team, Google Blocky team and researchers from MIT Scratch.&nbsp;

&nbsp;

The Interactive doodle created by Google shows how users can program by helping a white rabbit to pass through six levels and reach carrot

The Google Doodle is celebrating 50 years of Children's programming language by introducing the first ever coding doodle, " Coding for Carrots". The Interactive doodle shows how users can program by helping a white rabbit to pass through six levels and reach carrot. Celebrate #CSEdWeek & 50 yrs of kids coding languages by checking out our VERY FIRST coding #GoogleDoodle! ??????→ https://t.co/Kr7pjrLXOr pic.twitter.com/V0aJFBBAM2 — Google Doodles (@GoogleDoodles) December 4, 2017 × The users can reach the carrot by putting together coding blocks based on a Scratch programming for kids. The Scratch programming was developed by Lifelong Kindergarten Group at Massachusetts Institute of Technology (MIT). In 1967, the first coding language, Logo, was designed for kids. The programming involved a green turtle that moved around and drew lines on a black screen. The Google Doodle is the outcome of the collective efforts of three teams- Google Doodle team, Google Blocky team and researchers from MIT Scratch.

Google Doodle celebrates 50 years of kids programming language

Bitcoin-powered to a record high just below $11,800 on Sunday, continuing its surge from below $1,000 at the start of the year.

The cryptocurrency, which trades 24 hours a day and seven days a week, climbed as high as $11,799.99 on the Luxembourg-based Bitstamp exchange at around 2100 GMT on Sunday.

It was not clear what caused the move higher over the weekend other than new investors joining the upstart market, with so-called wallet-providers reporting record numbers of sign-ups over the past week.

Analysts said Friday&#39;s announcement by the main U.S. derivatives regulator that it would allow CME Group Inc and CBOE Global Markets to list bitcoin futures contracts had turned sentiment positive after a choppy week.

&quot;The price rises are triggered by continued media interest driven by the expectation of futures trading on CME,&quot; Charles Hayter, founder of data analysis website Cryptocompare, said.

By 1230 GMT on Monday, bitcoin had slipped back to around $11,250, still up more than 100 percent over the past three weeks. Sunday&#39;s high marked a 1,121 percent increase since the start of the year.

Think Markets analyst Naeem Aslam said reports Britain wants to increase regulation of bitcoin and other digital currencies by expanding the reach of European Union anti-money-laundering rules that force traders to disclose their identities and report suspicious activity, had knocked bitcoin off its highs.

But others said greater regulatory scrutiny would help.

&quot;If anything, regulation will only increase bitcoin&#39;s rate of growth as regulation lends credibility and engenders trust,&quot; Nicholas Gregory, CEO of London-based cryptocurrency firm commerce block, said.

Sunday&#39;s record high for bitcoin came as Venezuelan President Nicolas Maduro announced the launch of the &quot;petro&quot;, which he said would be a cryptocurrency backed by oil reserves, to shore up a collapsed economy.

Opposition leaders said the digital currency would need congressional approval and some cast doubt on whether it would ever see the light of day in the midst of turmoil.

&nbsp;

The cryptocurrency, which trades 24 hours a day and seven days a week, climbed as high as $11,799.99 on the Luxembourg-based Bitstamp exchange at around 2100 GMT on Sunday

Bitcoin-powered to a record high just below $11,800 on Sunday, continuing its surge from below $1,000 at the start of the year. The cryptocurrency, which trades 24 hours a day and seven days a week, climbed as high as $11,799.99 on the Luxembourg-based Bitstamp exchange at around 2100 GMT on Sunday. It was not clear what caused the move higher over the weekend other than new investors joining the upstart market, with so-called wallet-providers reporting record numbers of sign-ups over the past week. Analysts said Friday's announcement by the main U.S. derivatives regulator that it would allow CME Group Inc and CBOE Global Markets to list bitcoin futures contracts had turned sentiment positive after a choppy week. "The price rises are triggered by continued media interest driven by the expectation of futures trading on CME," Charles Hayter, founder of data analysis website Cryptocompare, said. By 1230 GMT on Monday, bitcoin had slipped back to around $11,250, still up more than 100 percent over the past three weeks. Sunday's high marked a 1,121 percent increase since the start of the year. Think Markets analyst Naeem Aslam said reports Britain wants to increase regulation of bitcoin and other digital currencies by expanding the reach of European Union anti-money-laundering rules that force traders to disclose their identities and report suspicious activity, had knocked bitcoin off its highs. But others said greater regulatory scrutiny would help. "If anything, regulation will only increase bitcoin's rate of growth as regulation lends credibility and engenders trust," Nicholas Gregory, CEO of London-based cryptocurrency firm commerce block, said. Sunday's record high for bitcoin came as Venezuelan President Nicolas Maduro announced the launch of the "petro", which he said would be a cryptocurrency backed by oil reserves, to shore up a collapsed economy. Opposition leaders said the digital currency would need congressional approval and some cast doubt on whether it would ever see the light of day in the midst of turmoil.

Bitcoin hits record high of nearly $11,800 after futures lift

Facebook on Monday unveiled a version of its Messenger application for children, aimed at enabling kids under 12 to connect with others under parental supervision.

Messenger Kids is being rolled out for Apple iOS mobile devices in the United States on a test basis as a standalone video chat and messaging app.

Product manager Loren Cheng said the social network leader is offering Messenger Kids because &quot;there&#39;s a need for a messaging app that lets kids connect with people they love but also has the level&nbsp; of control parents want.&quot;

Facebook said that the new app, with no ads or in-app purchases, is aimed at 6- to 12-year-olds. It enables parents to control the contact list and does not allow children to connect with anyone their parent does not approve.

The social media giant added it designed the app because many children are going online without safeguards.

&quot;Many of us at Facebook are parents ourselves, and it seems we weren&#39;t alone when we realized that our kids were getting online earlier and earlier,&quot; a Facebook statement said.

It cited a study showing that 93 per cent of 6- to 12-year-olds in the US have access to tablets or smartphones, and two-thirds have a smartphone or tablet of their own.

&quot;We want to help ensure the experiences our kids have when using technology are positive, safer, and age-appropriate, and we believe teaching kids how to use technology in positive ways will bring better experiences later as they grow,&quot; the company said.

Facebook&#39;s rules require that children be at least 13 to create an account, but many are believed to get around the restrictions.

Cheng said Facebook conducted its own research and worked with &quot;over a dozen expert advisors&quot; in building the app.

She added that data from children would not be used for ad profiles and that the application would be compliant with the Children&#39;s Online Privacy and Protection Act (COPPA).

&quot;We&#39;ve worked extensively with parents and families to shape Messenger Kids and we&#39;re looking forward to learning and listening as more children and families start to use the iOS preview,&quot; Cheng said.

Messenger Kids is being rolled out for Apple iOS mobile devices in the United States on a test basis as a standalone video chat and messaging app

Facebook on Monday unveiled a version of its Messenger application for children, aimed at enabling kids under 12 to connect with others under parental supervision. Messenger Kids is being rolled out for Apple iOS mobile devices in the United States on a test basis as a standalone video chat and messaging app. Product manager Loren Cheng said the social network leader is offering Messenger Kids because "there's a need for a messaging app that lets kids connect with people they love but also has the level of control parents want." Facebook said that the new app, with no ads or in-app purchases, is aimed at 6- to 12-year-olds. It enables parents to control the contact list and does not allow children to connect with anyone their parent does not approve. The social media giant added it designed the app because many children are going online without safeguards. "Many of us at Facebook are parents ourselves, and it seems we weren't alone when we realized that our kids were getting online earlier and earlier," a Facebook statement said. It cited a study showing that 93 per cent of 6- to 12-year-olds in the US have access to tablets or smartphones, and two-thirds have a smartphone or tablet of their own. "We want to help ensure the experiences our kids have when using technology are positive, safer, and age-appropriate, and we believe teaching kids how to use technology in positive ways will bring better experiences later as they grow," the company said. Facebook's rules require that children be at least 13 to create an account, but many are believed to get around the restrictions. Cheng said Facebook conducted its own research and worked with "over a dozen expert advisors" in building the app. She added that data from children would not be used for ad profiles and that the application would be compliant with the Children's Online Privacy and Protection Act (COPPA). "We've worked extensively with parents and families to shape Messenger Kids and we're looking forward to learning and listening as more children and families start to use the iOS preview," Cheng said.

Facebook to launch chat app for kids, with parental controls

Xiaomi&#39;s latest was unveiled on Thursday and shall be available in India at Rs 4,999 onwards, making it one of the most affordable handsets in the country. Xiaomi Redmi 5A is a successor to Redmi 4A which sold four million units within eight months of its launch.

The Redmi 5A will be available from December 7 across Flipkart, Mi.com, and Mi Home stores, followed by offline retailers including Mi Preferred Partners in the subsequent weeks.

Xiaomi Redmi 5A was previously launched in China in October and so far was being marketed as &#39;Desh ka Smartphone&#39; in the country.

Redmi 5A&#39;s 2GB RAM/16GB storage variant is priced at Rs 4,999 while the 3GB RAM/32GB storage version shall be available for Rs 6,999.

Reportedly, the 2GB RAM version will be made available for Rs 5,999 after its first five million unit sale.

&quot;The Rs 1,000 discount reflects a gift from Xiaomi India towards all its Mi Fans for making the brand No 1 in the country,&quot; an official statement noted.

Redmi 5A will have a 5-inch display, 1.4GHz quadcore Qualcomm processor, 5MP front and 13MP rear camera along with a 3,000 mAh battery.

The handset is dual-sim enabled and can contain a microSD card up to 128GB.&nbsp;

Offering up to 8 days of standby time, Redmi 5A &quot;comes equipped with a 13MP rear camera with Phase Detection Autofocus (PDAF) for fast focusing and a f/2.2 aperture that guarantees excellent picture clarity. It comes with a metallic matte finish, and will be available in three colours: Dark grey, Gold and Rose gold,&quot; notes the official press release.&nbsp;

Reliance has put up an exciting offer which will provide Xiaomi&rsquo;s Redmi 5A smartphone users with free unlimited calling (local and STD), 1GB data per day and unlimited SMS.

The plan offers the free subscription for the Jio apps and comes with a validity of 28 days. Redmi 5A users will also be entitled to a Rs 1000 cashback on 12 months of continuous recharge with the Rs 199 per month plan.

The cashback will only be available in the form of vouchers worth Rs 1000 which will be credited to customers account under MyJio app.&nbsp;

Additionally, customers will be given 10 vouchers of Rs 100 denomination right after the end of 12 months.

A customer will need to recharge their account with Rs 199 plan every month for a year to get Rs 1000 cashback. Rs 199 plan will be available for the first 12 months.&nbsp;

Xiaomi's latest was unveiled on Thursday and shall be available in India at Rs 4,999 onwards

Xiaomi's latest was unveiled on Thursday and shall be available in India at Rs 4,999 onwards, making it one of the most affordable handsets in the country. Xiaomi Redmi 5A is a successor to Redmi 4A which sold four million units within eight months of its launch. The Redmi 5A will be available from December 7 across Flipkart, Mi.com, and Mi Home stores, followed by offline retailers including Mi Preferred Partners in the subsequent weeks. Xiaomi Redmi 5A was previously launched in China in October and so far was being marketed as 'Desh ka Smartphone' in the country. Redmi 5A's 2GB RAM/16GB storage variant is priced at Rs 4,999 while the 3GB RAM/32GB storage version shall be available for Rs 6,999. Reportedly, the 2GB RAM version will be made available for Rs 5,999 after its first five million unit sale. "The Rs 1,000 discount reflects a gift from Xiaomi India towards all its Mi Fans for making the brand No 1 in the country," an official statement noted. Redmi 5A will have a 5-inch display, 1.4GHz quadcore Qualcomm processor, 5MP front and 13MP rear camera along with a 3,000 mAh battery. The handset is dual-sim enabled and can contain a microSD card up to 128GB. Offering up to 8 days of standby time, Redmi 5A "comes equipped with a 13MP rear camera with Phase Detection Autofocus (PDAF) for fast focusing and a f/2.2 aperture that guarantees excellent picture clarity. It comes with a metallic matte finish, and will be available in three colours: Dark grey, Gold and Rose gold," notes the official press release. Reliance has put up an exciting offer which will provide Xiaomi’s Redmi 5A smartphone users with free unlimited calling (local and STD), 1GB data per day and unlimited SMS. The plan offers the free subscription for the Jio apps and comes with a validity of 28 days. Redmi 5A users will also be entitled to a Rs 1000 cashback on 12 months of continuous recharge with the Rs 199 per month plan. The cashback will only be available in the form of vouchers worth Rs 1000 which will be credited to customers account under MyJio app. Additionally, customers will be given 10 vouchers of Rs 100 denomination right after the end of 12 months. A customer will need to recharge their account with Rs 199 plan every month for a year to get Rs 1000 cashback. Rs 199 plan will be available for the first 12 months.

Xiaomi Redmi 5A launched in India

Indian shares edged lower on Friday as economic growth data came in largely as expected, failing to boost a market weighed down by concerns about the country`s fiscal deficit and global risk factors such as rising crude prices. 
 
Data late on Thursday showed India`s gross domestic product grew 6.3 percent in July-September, in line with expectations, as businesses started to overcome troubles after the bumpy launch of a national sales tax.

The data failed to lift sentiment after India reported its fiscal deficit reached 96 percent of the budgeted target for the fiscal year ending in March 2018, sending shares sharply lower on Thursday. The Reserve Bank of India (RBI) is also meeting next week at a time of rising concern about a rally in crude prices, which rose following OPEC`s decision to extend production curbs.

Nearly all analysts expect the central bank to keep rates on hold.&nbsp;

&quot;Since there was a sharp run-up in the markets last week, there is a bit of profit-booking. Even though the GDP number is along expected lines, there is concern building up on the fiscal deficit front,&quot; said Hitesh Agarwal, EVP &amp; Head &ndash; Retail Research, Religare Securities Ltd.

The broader NSE Nifty was down 0.15 percent at 10,211.40 as of 0644 GMT, while the benchmark BSE Sensex was 0.12 percent lower at 33,108.34. Both indexes were down around 1.7 percent for the week, heading for their biggest weekly loss since late September.

Indiabulls Housing Finance Ltd led losses on the NSE index, falling as much as 2.1 percent. The stock had gained in the last five sessions. Banking stocks weighed on both indexes ahead of the RBI meeting. State Bank of India fell as much as 0.9 percent while ICICI Bank Ltd lost 0.8 percent.

However, the Nifty auto index gained about 1 percent as automakers reported sales for November. A private survey on Friday showed factory activity accelerated last month to the fastest pace since late last year, driven by a surge in new orders.

Maruti Suzuki India Ltd rose 1.1 percent after posting a 14 percent rise in November sales. Tata Motors Ltd, expected to report later in the day, rose as much as 1.4 percent.

Data late on Thursday showed India`s gross domestic product grew 6.3 percent in July-September

Indian shares edged lower on Friday as economic growth data came in largely as expected, failing to boost a market weighed down by concerns about the country`s fiscal deficit and global risk factors such as rising crude prices. Data late on Thursday showed India`s gross domestic product grew 6.3 percent in July-September, in line with expectations, as businesses started to overcome troubles after the bumpy launch of a national sales tax. The data failed to lift sentiment after India reported its fiscal deficit reached 96 percent of the budgeted target for the fiscal year ending in March 2018, sending shares sharply lower on Thursday. The Reserve Bank of India (RBI) is also meeting next week at a time of rising concern about a rally in crude prices, which rose following OPEC`s decision to extend production curbs. Nearly all analysts expect the central bank to keep rates on hold. "Since there was a sharp run-up in the markets last week, there is a bit of profit-booking. Even though the GDP number is along expected lines, there is concern building up on the fiscal deficit front," said Hitesh Agarwal, EVP & Head – Retail Research, Religare Securities Ltd. The broader NSE Nifty was down 0.15 percent at 10,211.40 as of 0644 GMT, while the benchmark BSE Sensex was 0.12 percent lower at 33,108.34. Both indexes were down around 1.7 percent for the week, heading for their biggest weekly loss since late September. Indiabulls Housing Finance Ltd led losses on the NSE index, falling as much as 2.1 percent. The stock had gained in the last five sessions. Banking stocks weighed on both indexes ahead of the RBI meeting. State Bank of India fell as much as 0.9 percent while ICICI Bank Ltd lost 0.8 percent. However, the Nifty auto index gained about 1 percent as automakers reported sales for November. A private survey on Friday showed factory activity accelerated last month to the fastest pace since late last year, driven by a surge in new orders. Maruti Suzuki India Ltd rose 1.1 percent after posting a 14 percent rise in November sales. Tata Motors Ltd, expected to report later in the day, rose as much as 1.4 percent.

Sensex slips as fiscal deficit concerns weigh; banks fall

Reliance Industries <a href="http://www.wionews.com/india-news/data-the-new-oil-should-ensure-access-for-every-indian-mukesh-ambani-20737">chairman Mukesh Ambani declared today</a> that India will become a $5 trillion economy in the next 20 years.

The<a href="http://www.wionews.com/south-asia/mukesh-ambani-draws-salary-of-rs-15-cr-for-9th-year-in-a-row-17371"> Jio founder speaking at a conference</a> said: &quot;By the middle of the 21st century, India&#39;s rise will be higher than China&#39;s rise. And more attractive to the world,&quot; adding,&quot;India will provide a superior and different development model which creates equitable and inclusive growth based on technology, democracy, good governance and a society-wide culture of empathy.&quot;

Ambani said that he had predicted in 2004 that India would become a $ 5 trillion economy in 20 years, it was then a &nbsp;$500-billion economy.

&quot;Today, that prediction seems certain. Indeed, it will be achieved well before 2024,&quot; he declared.

The Indian economy will triple to $7 trillion in the next 10 years to become the third-largest economy in the world,&quot; he added.

India is ranked 126th in GDP per capita, according to the International Monetary Fund(IMF). The IMF ranks over 200 countries in terms of per capita GDP based on purchasing power parity (PPP).

India&#39;s GDP per capita went up to $7,170 (Rs 4.66 lakh) in 2017 from $6,690 last year.&nbsp;

Ambani, however, was bullish about the Indian economy, saying: &quot;The fourth industrial revolution is now upon us. The foundation of this revolution is connectivity, computing, data and artificial intelligence, it&#39;s my firm conviction that India can not only participate in the revolution but has the opportunity to be a leader.&quot;

On government&#39;s Aadhaar initiative, Ambani said it was the &quot;largest and the most sophisticated, biometric ID system&quot;.

He also highlighted India&#39;s recent launch of 104 satellites with a single rocket as examples of India&#39;s technological strength.

Ambani said that he had predicted in 2004 that India would become a $ 5 trillion economy in 20 years, it was then a ?$500-billion economy

Reliance Industries chairman Mukesh Ambani declared today that India will become a $5 trillion economy in the next 20 years. The Jio founder speaking at a conference said: "By the middle of the 21st century, India's rise will be higher than China's rise. And more attractive to the world," adding,"India will provide a superior and different development model which creates equitable and inclusive growth based on technology, democracy, good governance and a society-wide culture of empathy." Ambani said that he had predicted in 2004 that India would become a $ 5 trillion economy in 20 years, it was then a $500-billion economy. "Today, that prediction seems certain. Indeed, it will be achieved well before 2024," he declared. The Indian economy will triple to $7 trillion in the next 10 years to become the third-largest economy in the world," he added. India is ranked 126th in GDP per capita, according to the International Monetary Fund(IMF). The IMF ranks over 200 countries in terms of per capita GDP based on purchasing power parity (PPP). India's GDP per capita went up to $7,170 (Rs 4.66 lakh) in 2017 from $6,690 last year. Ambani, however, was bullish about the Indian economy, saying: "The fourth industrial revolution is now upon us. The foundation of this revolution is connectivity, computing, data and artificial intelligence, it's my firm conviction that India can not only participate in the revolution but has the opportunity to be a leader." On government's Aadhaar initiative, Ambani said it was the "largest and the most sophisticated, biometric ID system". He also highlighted India's recent launch of 104 satellites with a single rocket as examples of India's technological strength.

India will become $5 trillion economy in next 20 years: Mukesh Ambani

The BSE Sensex fell by 185 points in early session today due to losses in realty, power, PSU, metal and infrastructure stocks amid weak Asian cues.

Besides, investors were cautious ahead of September quarter GDP data to be released later in the day.

Offloading of positions by participants with today being the last trading session of November series contracts in the derivatives segment pulled down the index, brokers said.

The 30-share flagship index was down 185.24 points, or 0.55 per cent, at 33,417.52 with sectoral indices led by realty and power falling up to 0.88 per cent.

The gauge had fallen 121.68 points in the previous two sessions.

The 50-share NSE Nifty too was quoting lower by 57.50 points, or 0.55 per cent, at 10,303.80.

Weakness in the rupee, which slipped 24 paise to 64.55 against the dollar today, too weighed on the sentiments.

Among laggards Kotak Bank, Cipla, Adani Ports, ONGC, M&amp;M, Reliance Industries, Coal India, Axis Bank, Hind Unilever, Tata Motors, Bharti Airtel, HDFC Ltd, Tata Steel and Lupin dropped up to 1.71 per cent.

Hong Kong&#39;s Hang Seng weakened 1.21 per cent while Shanghai Composite lost 0.26 per cent in early trade. Japan&#39;s Nikkei too shed 0.10 per cent.

US Dow Jones Industrial Average ended 0.44 per cent higher yesterday.&nbsp;

The BSE Sensex fell by 185 points due to losses in realty, power, PSU, metal and infrastructure stocks

The BSE Sensex fell by 185 points in early session today due to losses in realty, power, PSU, metal and infrastructure stocks amid weak Asian cues. Besides, investors were cautious ahead of September quarter GDP data to be released later in the day. Offloading of positions by participants with today being the last trading session of November series contracts in the derivatives segment pulled down the index, brokers said. The 30-share flagship index was down 185.24 points, or 0.55 per cent, at 33,417.52 with sectoral indices led by realty and power falling up to 0.88 per cent. The gauge had fallen 121.68 points in the previous two sessions. The 50-share NSE Nifty too was quoting lower by 57.50 points, or 0.55 per cent, at 10,303.80. Weakness in the rupee, which slipped 24 paise to 64.55 against the dollar today, too weighed on the sentiments. Among laggards Kotak Bank, Cipla, Adani Ports, ONGC, M&M, Reliance Industries, Coal India, Axis Bank, Hind Unilever, Tata Motors, Bharti Airtel, HDFC Ltd, Tata Steel and Lupin dropped up to 1.71 per cent. Hong Kong's Hang Seng weakened 1.21 per cent while Shanghai Composite lost 0.26 per cent in early trade. Japan's Nikkei too shed 0.10 per cent. US Dow Jones Industrial Average ended 0.44 per cent higher yesterday.

Stocks fall ahead of GDP numbers, F&O expiry

In a startling revelation, a report by a global research institute&nbsp;said <a href="http://www.wionews.com/india-news/rahul-gandhi-gives-second-address-in-us-talks-jobs-20418">between 400&nbsp;million and 800&nbsp;million individuals </a>could be displaced by&nbsp;automation and they would need to find new jobs by 2030 around the world.

Research <a href="http://www.wionews.com/south-asia/why-is-indias-growth-not-creating-more-jobs-16771">firm McKinsey in its report highlights </a>that the global economy needs to&nbsp;boost productivity and growth at a time &quot;when ageing populations are acting as a drag on GDP growth.&quot;

&quot;Of the total displaced, <a href="http://www.wionews.com/edge/are-we-going-to-lose-our-jobs-to-robots-11850">75&nbsp;million to 375&nbsp;million may need to switch</a> occupational categories and learn new skills, under our mid-point and earliest automation adoption scenarios,&quot; the report says.

On India, the report says it&nbsp;is a fast-growing developing country which&nbsp; has &quot;relatively modest potential for automation over the next 15&nbsp;years.&quot;

&quot;Most occupational categories are projected to grow in India, reflecting its potential for strong economic expansion,&quot; it says, however, the report cautiously adds that employing new entrants in the formal sector jobs will require &quot;job creation on a much larger scale than in the past.&quot;

Automation will make this challenge more difficult in India with some fearing &ldquo;jobless growth.&rdquo;

However, it says India can create enough new jobs to offset automation and employ new entrants, if it undertakes the investments in &quot;step-up scenario.&quot;

The report says China faces the largest number of workers needing to switch occupations&mdash;up to 100&nbsp;million if automation is adopted rapidly, or 12&nbsp;per cent of the 2030 workforce, adding, the figure is relatively small compared with the huge shift in China out of agriculture in the&nbsp;past 25&nbsp;years.

China and Mexico have higher wages than India, and so are likely to see more automation, McKensey says.

China is still projected to have robust economic growth but will have a shrinking workforce like Germany, China&rsquo;s problem could be a shortage of workers. &nbsp;

As far as the advanced economies are concerned, up to one-third of the 2030 workforce in the United States and Germany, and nearly half in Japan would have to learn new skills and find work in new occupation is much eager.

&nbsp;&quot;Over time, labour markets will adjust to changes in demand for workers from technological disruptions, although at times with depressed real wages,&quot; the report observes.

The report says that with &quot;sufficient economic growth, innovation and investment, there can be enough new job creation to offset the impact of automation.&quot;&nbsp;

&quot;But a larger challenge will be ensuring that workers have the skills and support needed to transition to new jobs,&quot; it says, adding that countries that fail to manage this transition could see rising unemployment and depressed wages.

Research firm McKinsey says 400?million to 800?million individuals could be displaced by?automation

In a startling revelation, a report by a global research institute said between 400 million and 800 million individuals could be displaced by automation and they would need to find new jobs by 2030 around the world. Research firm McKinsey in its report highlights that the global economy needs to boost productivity and growth at a time "when ageing populations are acting as a drag on GDP growth." "Of the total displaced, 75 million to 375 million may need to switch occupational categories and learn new skills, under our mid-point and earliest automation adoption scenarios," the report says. On India, the report says it is a fast-growing developing country which has "relatively modest potential for automation over the next 15 years." "Most occupational categories are projected to grow in India, reflecting its potential for strong economic expansion," it says, however, the report cautiously adds that employing new entrants in the formal sector jobs will require "job creation on a much larger scale than in the past." Automation will make this challenge more difficult in India with some fearing “jobless growth.” However, it says India can create enough new jobs to offset automation and employ new entrants, if it undertakes the investments in "step-up scenario." The report says China faces the largest number of workers needing to switch occupations—up to 100 million if automation is adopted rapidly, or 12 per cent of the 2030 workforce, adding, the figure is relatively small compared with the huge shift in China out of agriculture in the past 25 years. China and Mexico have higher wages than India, and so are likely to see more automation, McKensey says. China is still projected to have robust economic growth but will have a shrinking workforce like Germany, China’s problem could be a shortage of workers. As far as the advanced economies are concerned, up to one-third of the 2030 workforce in the United States and Germany, and nearly half in Japan would have to learn new skills and find work in new occupation is much eager. "Over time, labour markets will adjust to changes in demand for workers from technological disruptions, although at times with depressed real wages," the report observes. The report says that with "sufficient economic growth, innovation and investment, there can be enough new job creation to offset the impact of automation." "But a larger challenge will be ensuring that workers have the skills and support needed to transition to new jobs," it says, adding that countries that fail to manage this transition could see rising unemployment and depressed wages.

Job loss? India has modest potential but China likely to see more automation, says McKinsey report

The Central Statistics Office (CSO) today released India&#39;s second-quarter Gross Domestic Product(GDP) figures pegging it at&nbsp;6.3 per cent for the second quarter in July to September period.

Major gains were seen in mining and manufacturing sectors.

&quot;GDP growth has recovered to 6.3% in Q2 from a 3-year low of 5.7% in Q1,&quot; TCA Anant, chief statistician said.

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Government&rsquo;s reforms to push economic growth are working can be seen from that manufacturing has shown robust growth of 7% in Q2 and services at 7.1%. Gross fixed capital formation has increased from 1.6% in Q1 to 4.7% in Q2.
&mdash; Arun Jaitley (@arunjaitley) <a href="https://twitter.com/arunjaitley/status/936221297297653760?ref_src=twsrc%5Etfw">November 30, 2017</a></blockquote>
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India&#39;s GDP figure was at a thirteen-quarter low at 5.7 for the period of April-June.

Earlier, India&#39;s finance minister Arun Jaitley speaking at a seminar had said achieving a 10 per cent GDP growth rate &quot;would be challenging&quot; and will depend on how the world is moving.

India intends to follow the glide path as far as the fiscal deficit, the finance minister had said.

NITI Aayog vice-chairman Rajiv Kumar had said Indian economy during July-September period is likely to grow at 6.2 to 6.3 per cent.&nbsp;

GDP is&nbsp;the value of all goods and services produced over a specific period and is one of the indicators of the health of an economy.

NITI Aayog vice-chairman Rajiv Kumar had said Indian economy during July-September period is likely to grow at 6.2 to 6.3 per cent

The Central Statistics Office (CSO) today released India's second-quarter Gross Domestic Product(GDP) figures pegging it at 6.3 per cent for the second quarter in July to September period. Major gains were seen in mining and manufacturing sectors. "GDP growth has recovered to 6.3% in Q2 from a 3-year low of 5.7% in Q1," TCA Anant, chief statistician said. Government’s reforms to push economic growth are working can be seen from that manufacturing has shown robust growth of 7% in Q2 and services at 7.1%. Gross fixed capital formation has increased from 1.6% in Q1 to 4.7% in Q2. — Arun Jaitley (@arunjaitley) November 30, 2017 × India's GDP figure was at a thirteen-quarter low at 5.7 for the period of April-June. Earlier, India's finance minister Arun Jaitley speaking at a seminar had said achieving a 10 per cent GDP growth rate "would be challenging" and will depend on how the world is moving. India intends to follow the glide path as far as the fiscal deficit, the finance minister had said. NITI Aayog vice-chairman Rajiv Kumar had said Indian economy during July-September period is likely to grow at 6.2 to 6.3 per cent. GDP is the value of all goods and services produced over a specific period and is one of the indicators of the health of an economy.

India's GDP climbs to 6.3 per cent in Q2, recovers from 3-year low

The new <a href="http://www.wionews.com/business-economy/first-pictures-of-jeep-wrangler-2018-out-23317" target="_blank">Jeep Wrangler</a> was unwrapped with all the &quot;modern designs that stay true to the original.&quot;

Fiat Chrysler said in its press release that the Toledo, Ohio-built Wrangler has a &quot;modern design that stays true to the original.&quot;

The 2018 Jeep Wrangler is the similar version of the already existing one.&nbsp;

However, the jeep has come with New Engines including a diesel and a four-cylinder gas-electric hybrid.&nbsp;

It is also&nbsp;200 pounds lighter and a little longer.&nbsp;

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Jeep Wrangler 2018 (Image source: Jeep) (Others)
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The company has shed the 200 pounds by using a lighter high strength steel in the frame and by carving out aluminium made hood, doors, fender flares and hinges.

The company claims the Jeep is more aerodynamic than the earlier models. The model will have more glass for better visibility. It will also have optional new high-tech ragtop.&nbsp;

The model will be available in two options 285-horsepower 3.6 litre V6 and a new 270- horsepower 2-litre turbocharged four-cylinder engine that comes with a battery-electric hybrid system.

The company will introduce a 260-horsepower 3 Litre diesel V6 in 2019.&nbsp;

The new Wrangler will be out in the showrooms in January. The price is yet to come out.&nbsp;

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The jeep has come with New Engines including a diesel and a four-cylinder gas-electric hybrid?

The new Jeep Wrangler was unwrapped with all the "modern designs that stay true to the original." Fiat Chrysler said in its press release that the Toledo, Ohio-built Wrangler has a "modern design that stays true to the original." The 2018 Jeep Wrangler is the similar version of the already existing one. However, the jeep has come with New Engines including a diesel and a four-cylinder gas-electric hybrid. It is also 200 pounds lighter and a little longer. Jeep Wrangler 2018 (Image source: Jeep) (Others) × The company has shed the 200 pounds by using a lighter high strength steel in the frame and by carving out aluminium made hood, doors, fender flares and hinges. The company claims the Jeep is more aerodynamic than the earlier models. The model will have more glass for better visibility. It will also have optional new high-tech ragtop. The model will be available in two options 285-horsepower 3.6 litre V6 and a new 270- horsepower 2-litre turbocharged four-cylinder engine that comes with a battery-electric hybrid system. The company will introduce a 260-horsepower 3 Litre diesel V6 in 2019. The new Wrangler will be out in the showrooms in January. The price is yet to come out. Jeep Wrangler 2018 (Image source: Jeep) (Others) ×

Jeep Wrangler unveiled with 'modern designs'

The benchmark BSE Sensex recovered by about 68 points in early trade today on the back of fresh gains in blue-chips like Reliance Industries, ITC and Infosys.

The 30-share index recovered 67.90 points, or 0.20 per cent, to 33,686.49, with sectoral indices led by PSU, consumer durables, infrastructure, capital goods, healthcare and IT advancing up to 0.42 per cent.

The barometer had lost 105.85 points in the previous session.

Also, the NSE Nifty was up 21.65 points, or 0.20 per cent, at 10,391.90.

Brokers said a fresh spell of buying triggered by a mixed trend in some other Asian bourses following overnight gains in the US markets buoyed the sentiment.

Besides, covering-up pending short positions by speculators ahead of November series expiry in the derivatives segment supported the upmove, they said.

Major gainers were Coal India, ONGC, Dr Reddy&#39;s, Reliance Industries, NTPC, Cipla, L&amp;T, Tata Motors, ITC Ltd, Infosys, Bajaj Auto and SBI, gaining up to 2.11 per cent.

Elsewhere in Asia, Japan&#39;s Nikkei rose 0.40 per cent in early trade today, shrugging off North Korea&#39;s latest launch of an intercontinental ballistic missile that splashed down in Japan&#39;s exclusive economic zone. Shanghai Composite index, however, shed 0.49 per cent and Hong Kong&#39;s Hang Send down 0.36 per cent.

The US Dow Jones Industrial Average closed higher by 1.09 per cent in yesterday.&nbsp;

The Nifty was also up 21.65 points to 10,391.90

The benchmark BSE Sensex recovered by about 68 points in early trade today on the back of fresh gains in blue-chips like Reliance Industries, ITC and Infosys. The 30-share index recovered 67.90 points, or 0.20 per cent, to 33,686.49, with sectoral indices led by PSU, consumer durables, infrastructure, capital goods, healthcare and IT advancing up to 0.42 per cent. The barometer had lost 105.85 points in the previous session. Also, the NSE Nifty was up 21.65 points, or 0.20 per cent, at 10,391.90. Brokers said a fresh spell of buying triggered by a mixed trend in some other Asian bourses following overnight gains in the US markets buoyed the sentiment. Besides, covering-up pending short positions by speculators ahead of November series expiry in the derivatives segment supported the upmove, they said. Major gainers were Coal India, ONGC, Dr Reddy's, Reliance Industries, NTPC, Cipla, L&T, Tata Motors, ITC Ltd, Infosys, Bajaj Auto and SBI, gaining up to 2.11 per cent. Elsewhere in Asia, Japan's Nikkei rose 0.40 per cent in early trade today, shrugging off North Korea's latest launch of an intercontinental ballistic missile that splashed down in Japan's exclusive economic zone. Shanghai Composite index, however, shed 0.49 per cent and Hong Kong's Hang Send down 0.36 per cent. The US Dow Jones Industrial Average closed higher by 1.09 per cent in yesterday.

BSE Sensex gains 68 points in early trade on global cues

The Washington state&#39;s Attorney General and Chicago have sued Uber for allegedly violating state&#39;s data breach notification law.&nbsp;

The Washington Attorney General&nbsp;Bob Ferguson&nbsp;sued the ride-hailing company on Tuesday for over millions of dollars.&nbsp;

Uber&nbsp;had revealed last week about a data breach that it suffered&nbsp;in October&nbsp;2016.&nbsp;The data breach had reportedly affected about 57 million driver and rider accounts.

Uber waited for more than a year to disclose the data breach.

The delay not only failed to protect the consumer&#39;s personal information, it also violated city and state laws.&nbsp;

The state has demanded a&nbsp;penalty of up to $2000 for each person whose data was exposed.&nbsp;

The penalty this way will rise up to &quot;millions of dollars&quot;.

The companies are supposed to notify the Attorney General within 45 days if a breach affects 500 or more Washington residents.&nbsp;

However Uber, paid the hackers to keep them quite.&nbsp;

The hackers demanded payment from Uber in return for&nbsp;stolen data. Uber paid an amount of $100,000 to ensure complete removal of the data.&nbsp; 
&nbsp;

The Attorney General?Bob Ferguson?sued the ride-hailing company on Tuesday for over millions of dollars

The Washington state's Attorney General and Chicago have sued Uber for allegedly violating state's data breach notification law. The Washington Attorney General Bob Ferguson sued the ride-hailing company on Tuesday for over millions of dollars. Uber had revealed last week about a data breach that it suffered in October 2016. The data breach had reportedly affected about 57 million driver and rider accounts. Uber waited for more than a year to disclose the data breach. The delay not only failed to protect the consumer's personal information, it also violated city and state laws. The state has demanded a penalty of up to $2000 for each person whose data was exposed. The penalty this way will rise up to "millions of dollars". The companies are supposed to notify the Attorney General within 45 days if a breach affects 500 or more Washington residents. However Uber, paid the hackers to keep them quite. The hackers demanded payment from Uber in return for stolen data. Uber paid an amount of $100,000 to ensure complete removal of the data.

Washington, Chicago sue Uber for violating data breach

The Telecom Regulatory Authority of India(TRAI) issued recommendations on net neutrality on Tuesday.

The TRAI said that the service providers should not enter into any kind of agreement&nbsp;which may lead to discriminatory treatment of content on the Internet.&nbsp;

&quot;Service providers should be restricted from entering into any arrangement, agreement or contract by whatever name called... That has the effect of discriminatory treatment based on content...,&quot; TRAI said.

It has also proposed for a multi-stakeholder body comprising telecom and internet service providers, content providers, civil society organisations and consumer representatives for monitoring and investigation of violations.&nbsp;

TRAI said that discriminatory treatment may include any form of restriction or interference in the treatment of content on the Internet.&nbsp;This includes blocking, degrading, slowing down or providing preferential speeds or treatment to any other content.&nbsp;

TRAI has also favoured&nbsp;modifying of licensing norms to ensure&nbsp;&quot;explicit restrictions&quot; on discrimination in Internet access based on content.&nbsp;

In his previous judgment that came out in 2016,&nbsp;TRAI had barred platforms like Facebook&#39;s Internet.Org and Airtel Zero which allowed free access to few select websites.&nbsp;

&nbsp;

(With inputs from PTI) 
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TRAI said that the service providers should not enter into any kind of agreements to discriminate on the content on the Internet

The Telecom Regulatory Authority of India(TRAI) issued recommendations on net neutrality on Tuesday. The TRAI said that the service providers should not enter into any kind of agreement which may lead to discriminatory treatment of content on the Internet. "Service providers should be restricted from entering into any arrangement, agreement or contract by whatever name called... That has the effect of discriminatory treatment based on content...," TRAI said. It has also proposed for a multi-stakeholder body comprising telecom and internet service providers, content providers, civil society organisations and consumer representatives for monitoring and investigation of violations. TRAI said that discriminatory treatment may include any form of restriction or interference in the treatment of content on the Internet. This includes blocking, degrading, slowing down or providing preferential speeds or treatment to any other content. TRAI has also favoured modifying of licensing norms to ensure "explicit restrictions" on discrimination in Internet access based on content. In his previous judgment that came out in 2016, TRAI had barred platforms like Facebook's Internet.Org and Airtel Zero which allowed free access to few select websites. (With inputs from PTI)

TRAI rules out 'discriminatory practices' on Internet

Tumblr founder and CEO David Karp is resigning from the microblogging and social networking website &quot;Tumblr&quot;.

He created the company ten years ago, at the age of 20.&nbsp;

Karp announced his resignation in a memo that he sent to his employees.

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Letter I just sent to my team &hearts;? <a href="https://t.co/3Vsv3ROuhf">https://t.co/3Vsv3ROuhf</a>
&mdash; David Karp (@davidkarp) <a href="https://twitter.com/davidkarp/status/935216243262574595?ref_src=twsrc%5Etfw">November 27, 2017</a></blockquote>
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The memo read &quot;It is truly overwhelming to write those words. But I have the comfort of knowing I leave Tumblr in better than my own....I look back with so much pride. At a generation of artists, creators, curators and crusaders that have redefined our culture, and who have helped to empower. There are no words, though, that can express how sincerely grateful I am for the privilege of working with you.

I beg you to understand that my decision comes after months of reflection on my personal ambitions and at no cost to my hopefulness for Tumblr&#39;s future or the impact I know it can have.&quot;

His position will be taken by Tumblr COO Jeff D&#39;Onofrio.

Karp will step down at the end of the year.

The microblogging and social networking website&nbsp;allows&nbsp;a platform to users where they can post multimedia and other content to a short- form blog.&nbsp;

The site is owned by Oath Inc.

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His position will be taken by Tumblr COO Jeff D'Onofrio

Tumblr founder and CEO David Karp is resigning from the microblogging and social networking website "Tumblr". He created the company ten years ago, at the age of 20. Karp announced his resignation in a memo that he sent to his employees. Letter I just sent to my team ♥? https://t.co/3Vsv3ROuhf — David Karp (@davidkarp) November 27, 2017 × The memo read "It is truly overwhelming to write those words. But I have the comfort of knowing I leave Tumblr in better than my own....I look back with so much pride. At a generation of artists, creators, curators and crusaders that have redefined our culture, and who have helped to empower. There are no words, though, that can express how sincerely grateful I am for the privilege of working with you. I beg you to understand that my decision comes after months of reflection on my personal ambitions and at no cost to my hopefulness for Tumblr's future or the impact I know it can have." His position will be taken by Tumblr COO Jeff D'Onofrio. Karp will step down at the end of the year. The microblogging and social networking website allows a platform to users where they can post multimedia and other content to a short- form blog. The site is owned by Oath Inc.

Tumblr founder David Karp resigns from company

GST collections fell over 9% in the month of October.&nbsp;

Data put out by the government said GST collections fell to Rs 83,346 crore in October from over Rs 90,000 crore in each of the first three months since the tax was rolled out on July 1.&nbsp;&nbsp;

A finance ministry statement said the lower collections were because of the release of state and central GST from integrated GST (IGST), GST rate cuts, and the payment of GST based on self-declared tax returns.&nbsp;

News reports quoted industry sources as saying GST taxpayers may have expected the rate cuts and could therefore have &quot;staggered&quot; despatches to take advantage of the cuts.

GST collections&nbsp;date released by the government on Monday revealed that 95.9 lakh taxpayers had registered under GST till now and 50.1 lakh had filed returns in October till November 26, while 15.1 lakh were composition dealers who have been allowed to file returns on a quarterly basis. 
&nbsp;

Data put out by the government said GST collections fell to Rs 83,346 crore in October from over Rs 90,000 crore in each of the first three months since the tax was rolled out on July 1

GST collections fell over 9% in the month of October. Data put out by the government said GST collections fell to Rs 83,346 crore in October from over Rs 90,000 crore in each of the first three months since the tax was rolled out on July 1. A finance ministry statement said the lower collections were because of the release of state and central GST from integrated GST (IGST), GST rate cuts, and the payment of GST based on self-declared tax returns. News reports quoted industry sources as saying GST taxpayers may have expected the rate cuts and could therefore have "staggered" despatches to take advantage of the cuts. GST collections date released by the government on Monday revealed that 95.9 lakh taxpayers had registered under GST till now and 50.1 lakh had filed returns in October till November 26, while 15.1 lakh were composition dealers who have been allowed to file returns on a quarterly basis.

GST collections fall over 9% in October

The <a href="http://www.wionews.com/india-news/live-updates-general-entrepreneurship-summit-25317" target="_blank">Global Entrepreneurship Summit 2017</a> organised in Hyderabad was inaugurated after PM Modi and <a href="http://www.wionews.com/india-news/watch-india-an-inspiration-for-the-world-ivanka-trump-at-ges-2017-25369" target="_blank">advisor to the US president Ivanka Trump</a> pressed a button on robot &quot;Mitra&quot;.

Mitra is a humanoid invented by a Bengaluru based company&nbsp;&quot;Invento Robotics&quot;.

The founder of the company are Balaji Vishwanathan, Mahalakshmi Radhakrishnan, and Bharath Kumar.

Invento Robotics wants to &quot;Make in India&quot; for the world. The robots are being manufactured in Bengaluru.

Robot&nbsp;&quot;Mitra&quot; was developed in October 2016.&nbsp;

In 2015, the team made a robot which drew a lot of appreciation during a maker fair. The founders then realised that the concept can work better to inspire for &quot;Make in India&quot;.

The 5 ft tall humanoid has been designed with an ability of face detection, speech detection, face recognition, contextual support and autonomous navigation.&nbsp;

Its founder Vishwanathan said that Mitra is capable of helping businesses do better consumer targetting.&nbsp;

Mitra has been working in Canara Bank and PVR Cinemas in Bengaluru.The robot speaks to the customers, reviews their preferences based on previous purchases and suggests them for a perfect purchase.&nbsp;

Vishwanathan added that the robot can be used as a customer service agent in multiple domains like banks, hospitals, airports, hotels.&nbsp;

The founder further claims that Canara bank is planning to get robots work for them in 500 bank branches.&nbsp;

The company is currently funding itself by rentals and sales. The company&#39;s major revenue is earned by renting out Mitra which accounts for Rs 25,000- Rs 15,000.&nbsp;

The robot is rented out for wedding and birthday parties where the humanoid moves around playing songs and taking pictures.

The robot costs Rs 8 lakh.

The company will soon introduce a female version of the humanoid. It will be called &quot;Mitri&quot;. The only difference of the female humanoid will be its body design.

Mitra is a humanoid invented by a Bengaluru based company?'Invento Robotics'

The Global Entrepreneurship Summit 2017 organised in Hyderabad was inaugurated after PM Modi and advisor to the US president Ivanka Trump pressed a button on robot "Mitra". Mitra is a humanoid invented by a Bengaluru based company "Invento Robotics". The founder of the company are Balaji Vishwanathan, Mahalakshmi Radhakrishnan, and Bharath Kumar. Invento Robotics wants to "Make in India" for the world. The robots are being manufactured in Bengaluru. Robot "Mitra" was developed in October 2016. In 2015, the team made a robot which drew a lot of appreciation during a maker fair. The founders then realised that the concept can work better to inspire for "Make in India". The 5 ft tall humanoid has been designed with an ability of face detection, speech detection, face recognition, contextual support and autonomous navigation. Its founder Vishwanathan said that Mitra is capable of helping businesses do better consumer targetting. Mitra has been working in Canara Bank and PVR Cinemas in Bengaluru.The robot speaks to the customers, reviews their preferences based on previous purchases and suggests them for a perfect purchase. Vishwanathan added that the robot can be used as a customer service agent in multiple domains like banks, hospitals, airports, hotels. The founder further claims that Canara bank is planning to get robots work for them in 500 bank branches. The company is currently funding itself by rentals and sales. The company's major revenue is earned by renting out Mitra which accounts for Rs 25,000- Rs 15,000. The robot is rented out for wedding and birthday parties where the humanoid moves around playing songs and taking pictures. The robot costs Rs 8 lakh. The company will soon introduce a female version of the humanoid. It will be called "Mitri". The only difference of the female humanoid will be its body design.

GES 2017: Meet 'Mitra', the humanoid from Hyderabad

India Kawasaki Motors has launched Kawasaki Versys-X 300 for Rs 4.60 lakh (ex-showroom, Delhi).

With the smallest displacement model in adventure touring category in India, the new launch is presently the smallest bike by Kawasaki&#39;s adventure touring motorcycles range.&nbsp;

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Kawasaki Versys-X 300 is powered by 300 cc parallel twin engine. (Image source: Kawasaki) (Others)
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It is designed with long-travel suspension which the company claims will make it easy to ride on imperfect roads.

Another feature of the model is the heat management technology. The bike has large openings in the fairing, that promotes airflow when riding to help evade engine heat.&nbsp;

The bike has patented radiator fan cover placed behind the radiator. It directs hot air down and away from the rider. It also helps in keeping the tank, frame and other parts contacting the rider cooler.&nbsp;

Kawasaki Versys-X 300 is powered by 300 cc parallel twin engine&nbsp;

The bike is being assembled at Balaji Auto&#39;s Chakan Plant in Pune.&nbsp;

Bookings have started at all Kawasaki showrooms across India.&nbsp;

Kawasaki Versys-X was first revealed at the 2016 EICMA show.

&nbsp;

&nbsp;

Bookings have started at all Kawasaki showrooms across India

India Kawasaki Motors has launched Kawasaki Versys-X 300 for Rs 4.60 lakh (ex-showroom, Delhi). With the smallest displacement model in adventure touring category in India, the new launch is presently the smallest bike by Kawasaki's adventure touring motorcycles range. Kawasaki Versys-X 300 is powered by 300 cc parallel twin engine. (Image source: Kawasaki) (Others) × It is designed with long-travel suspension which the company claims will make it easy to ride on imperfect roads. Another feature of the model is the heat management technology. The bike has large openings in the fairing, that promotes airflow when riding to help evade engine heat. The bike has patented radiator fan cover placed behind the radiator. It directs hot air down and away from the rider. It also helps in keeping the tank, frame and other parts contacting the rider cooler. Kawasaki Versys-X 300 is powered by 300 cc parallel twin engine The bike is being assembled at Balaji Auto's Chakan Plant in Pune. Bookings have started at all Kawasaki showrooms across India. Kawasaki Versys-X was first revealed at the 2016 EICMA show.

Kawasaki Versys-X 300 launched In India @ Rs 4.60 Lakh

Over the weekend users&nbsp;on YouTube found very inappropriate search results for the phrase &quot;how to have&quot;.

The suggestions that followed for the result included &quot;how to have s*x with your kids&quot; and &quot;how to have s*ex with kids in school&quot;, various media report stated.

The matter was first discovered by BuzzFeed.

The US-based digital media company searched the phrase &quot;how to have&quot; on various devices in incognito mode.

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Seeing this sceenshot float around so I just did it myself in incognito mode. This i a VERY troubling YouTube search autocomplete, no? <a href="https://t.co/Nj0IlV4OpU">pic.twitter.com/Nj0IlV4OpU</a>
&mdash; Charlie Warzel (@cwarzel) <a href="https://twitter.com/cwarzel/status/934923494692814849?ref_src=twsrc%5Etfw">November 26, 2017</a></blockquote>
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YouTube admitted to the disturbing search results and described the matter as &quot;profoundly disturbing&quot;.

The video sharing website said it was investigating the matter to find out what caused the results.&nbsp;

In a statement, YouTube spokesperson said: &quot;Earlier today our teams were alerted to this profoundly disturbing autocomplete result and we worked to quickly remove it as soon as we were made aware.&quot; &nbsp;

YouTube also assured that it has changed the way its autofill feature worked after reports of paedophilic phrases emerged.

The suggestions that followed for the result included 'how to have s*x with your kids' and 'how to have s*ex with kids in school', various media report stated

Over the weekend users on YouTube found very inappropriate search results for the phrase "how to have". The suggestions that followed for the result included "how to have s*x with your kids" and "how to have s*ex with kids in school", various media report stated. The matter was first discovered by BuzzFeed. The US-based digital media company searched the phrase "how to have" on various devices in incognito mode. Seeing this sceenshot float around so I just did it myself in incognito mode. This i a VERY troubling YouTube search autocomplete, no? pic.twitter.com/Nj0IlV4OpU — Charlie Warzel (@cwarzel) November 26, 2017 × YouTube admitted to the disturbing search results and described the matter as "profoundly disturbing". The video sharing website said it was investigating the matter to find out what caused the results. In a statement, YouTube spokesperson said: "Earlier today our teams were alerted to this profoundly disturbing autocomplete result and we worked to quickly remove it as soon as we were made aware." YouTube also assured that it has changed the way its autofill feature worked after reports of paedophilic phrases emerged.

YouTube autofill for 'how to have' gives disturbing results

India on Thursday condemned the decision of a Pakistan court to release from house arrest Islamist leader Hafiz Saeed, accused of masterminding attacks on Mumbai in 2008 in which 166 people were killed.

Saeed, co-founder of dreaded militant outfit Lashkar-e-Taiba (LeT), a banned organisation in both India and the United States (US), was put under house arrest in January after years of living freely in Pakistan, one of the sore points in its fraying relationship with the US and India.

Indian foreign ministry spokesman Raveesh Kumar said that the country is outraged that a self-confessed and a United Nations proscribed terrorist was allowed to walk free and continue with his evil agenda while adding that it showcases Pakistan&#39;s &#39;lack of seriousness&#39; in handling issues concerning militancy on its soil.

Meanwhile, anti-Pakistan protest erupted in parts of India to protest the release of Saeed.

India accused Pakistan of sponsoring the attacks through the LeT, which Saeed founded in the 1990s.

Pakistan has denied any state involvement in the attack. It placed the LeT on a list of banned organizations in 2002.

Pakistan frees Hafiz Saeed

A Pakistani court Wednesday ordered the release of one of the alleged masterminds of the 2008 Mumbai attacks which killed more than 160 people, after months of US pressure on Islamabad over its alleged support for militants.

Firebrand cleric Hafiz Saeed, who heads the UN-listed terrorist group Jamaat-ud-Dawa (JuD) and has a $10 million US bounty on his head, will be freed tomorrow after less than a year in detention following the decision by the Lahore High Court, a JuD official said.&nbsp;

&quot;The review board looking into the case... has refused to extend his house arrest as the government failed to provide any evidence against the charges,&quot; a spokesman for the party, Ahmed Nadeen said.

The horror of the Mumbai carnage played out on live television around the world as commandos battled the heavily armed gunmen, who arrived by sea on the evening of November 26, 2008.

It took the authorities three days to regain full control of the city.&nbsp;

JuD, which has operated freely across Pakistan and is popular for its charity work, is considered by the US and India to be a front for Lashkar-e-Taiba (LeT), the militant group blamed for the attack on India&#39;s financial capital.&nbsp;

New Delhi has long seethed at Pakistan&#39;s failure either to hand over or prosecute those accused of planning the attacks, while Islamabad has alleged that India failed to give it crucial evidence.

India has also said there is proof that &quot;official agencies&quot; in Pakistan were involved in plotting the attack -- a charge Islamabad denies.

Analyst and retired Pakistani general Talat Masood told AFP that Saeed is given special treatment by the government &quot;because they think that his organisation was supportive in Kashmir&quot;, the disputed Himalayan territory over which India and Pakistan have fought two of their three wars.

Saeed said later in a video message that he was detained because of his association with Kashmir.

&quot;It&#39;s because of Kashmir that India is after me, but all her efforts have been in vain and Allah has set me free,&quot; he said in the video released by his party&#39;s media team.

&quot;This is a victory for Pakistan&#39;s freedom and God willing Kashmir will also be freed because I&#39;m fighting Kashmir&#39;s case,&quot; Saeed added.

India blames Pakistan for sending militant groups, including LeT, to foment unrest in the part of Kashmir controlled by New Delhi.

However, Masood said the government could seek new reasons to detain Saeed to avoid more international pressure, particularly from Washington, which has been pressuring Pakistan for months over its alleged support for militants including the Taliban in neighbouring Afghanistan.&nbsp;

US President Donald Trump in August accused Pakistan of harbouring &quot;agents of chaos&quot;, and Secretary of State Rex Tillerson said last month that the Washington has made &quot;very specific&quot; requests of Pakistan over militancy.&nbsp;

The US has also made several overtures to Pakistan&#39;s arch-enemy India for closer ties.&nbsp;

Following a brief period of house arrest in 2008, Saeed led a high-profile public life and regularly delivered fiery anti-India speeches.

He was placed under house arrest once more in January this year following years of foreign pressure, prompting demonstrations in several Pakistani cities.

Masood said that his release could see him participate in a general election set to be held sometime next year, adding that if he won a seat in the national assembly that could be &quot;very embarrassing internationally&quot;.

(With AFP inputs)&nbsp; 
&nbsp;

Last week, Moody's has upgraded India?s sovereign ratings to Baa2 from its lowest investment grade (Baa3) for the first time since 2004

India on Thursday condemned the decision of a Pakistan court to release from house arrest Islamist leader Hafiz Saeed, accused of masterminding attacks on Mumbai in 2008 in which 166 people were killed. Saeed, co-founder of dreaded militant outfit Lashkar-e-Taiba (LeT), a banned organisation in both India and the United States (US), was put under house arrest in January after years of living freely in Pakistan, one of the sore points in its fraying relationship with the US and India. Indian foreign ministry spokesman Raveesh Kumar said that the country is outraged that a self-confessed and a United Nations proscribed terrorist was allowed to walk free and continue with his evil agenda while adding that it showcases Pakistan's 'lack of seriousness' in handling issues concerning militancy on its soil. Meanwhile, anti-Pakistan protest erupted in parts of India to protest the release of Saeed. India accused Pakistan of sponsoring the attacks through the LeT, which Saeed founded in the 1990s. Pakistan has denied any state involvement in the attack. It placed the LeT on a list of banned organizations in 2002. Pakistan frees Hafiz Saeed A Pakistani court Wednesday ordered the release of one of the alleged masterminds of the 2008 Mumbai attacks which killed more than 160 people, after months of US pressure on Islamabad over its alleged support for militants. Firebrand cleric Hafiz Saeed, who heads the UN-listed terrorist group Jamaat-ud-Dawa (JuD) and has a $10 million US bounty on his head, will be freed tomorrow after less than a year in detention following the decision by the Lahore High Court, a JuD official said. "The review board looking into the case... has refused to extend his house arrest as the government failed to provide any evidence against the charges," a spokesman for the party, Ahmed Nadeen said. The horror of the Mumbai carnage played out on live television around the world as commandos battled the heavily armed gunmen, who arrived by sea on the evening of November 26, 2008. It took the authorities three days to regain full control of the city. JuD, which has operated freely across Pakistan and is popular for its charity work, is considered by the US and India to be a front for Lashkar-e-Taiba (LeT), the militant group blamed for the attack on India's financial capital. New Delhi has long seethed at Pakistan's failure either to hand over or prosecute those accused of planning the attacks, while Islamabad has alleged that India failed to give it crucial evidence. India has also said there is proof that "official agencies" in Pakistan were involved in plotting the attack -- a charge Islamabad denies. Analyst and retired Pakistani general Talat Masood told AFP that Saeed is given special treatment by the government "because they think that his organisation was supportive in Kashmir", the disputed Himalayan territory over which India and Pakistan have fought two of their three wars. Saeed said later in a video message that he was detained because of his association with Kashmir. "It's because of Kashmir that India is after me, but all her efforts have been in vain and Allah has set me free," he said in the video released by his party's media team. "This is a victory for Pakistan's freedom and God willing Kashmir will also be freed because I'm fighting Kashmir's case," Saeed added. India blames Pakistan for sending militant groups, including LeT, to foment unrest in the part of Kashmir controlled by New Delhi. However, Masood said the government could seek new reasons to detain Saeed to avoid more international pressure, particularly from Washington, which has been pressuring Pakistan for months over its alleged support for militants including the Taliban in neighbouring Afghanistan. US President Donald Trump in August accused Pakistan of harbouring "agents of chaos", and Secretary of State Rex Tillerson said last month that the Washington has made "very specific" requests of Pakistan over militancy. The US has also made several overtures to Pakistan's arch-enemy India for closer ties. Following a brief period of house arrest in 2008, Saeed led a high-profile public life and regularly delivered fiery anti-India speeches. He was placed under house arrest once more in January this year following years of foreign pressure, prompting demonstrations in several Pakistani cities. Masood said that his release could see him participate in a general election set to be held sometime next year, adding that if he won a seat in the national assembly that could be "very embarrassing internationally". (With AFP inputs)

S&P's India ratings remain unchanged, India's economic outlook 'stable'

<a href="http://www.wionews.com/business-economy/us-state-fines-uber-with-89-million-for-unqualified-drivers-24703" target="_blank">Uber</a> revealed on Tuesday about a data breach that&nbsp;the ride-hailing company suffered&nbsp;in October&nbsp;2016.&nbsp;The data breach had reportedly affected about 57 million driver and rider accounts.&nbsp;

Information relating to their telephone numbers, emails, names had been compromised, the company said.&nbsp;The ride-hailing company fired its CEO&nbsp;Joe Sullivan&nbsp;for concealing details regarding the data breach.&nbsp;

The hackers demanded payment from Uber in return for&nbsp;stolen data. Uber paid an amount of $100,000 to ensure complete removal of the data.&nbsp;The issue came to notice recently when the company&#39;s board conducted an investigation into Uber&#39;s past.&nbsp;

The newly elected Chief Executive&nbsp;Dara Khosrowshahi has decided to take an action on the matter.&nbsp;

The incident happened during the tenure of Travis Kalanick- Uber&#39;s co-founder, who was the chief executive at the time of the breach.

&quot;None of this should have happened, and I will not make excuses for it,&quot; Khosrowshahi said in a blog post.

According to the company&#39;s account, two individuals downloaded data from a web-based server at another company that provided Uber with cloud-computing services.

Kalanick learnt of the breach a month after it took place, in November 2016, as the company was in negotiations with the US&nbsp;Federal Trade Commission over the handling of consumer data, according to Bloomberg.

Khosrowshahi said he had hired Matt Olsen, former general counsel of the US&nbsp;National Security Agency, to help him figure out how to best guide and structure the company&#39;s security teams and processes.

&quot;While I can&rsquo;t erase the past, I can commit on behalf of every Uber employee that we will learn from our mistakes,&quot; he said.

&quot;We are changing the way we do business, putting integrity at the core of every decision we make and working hard to earn the trust of our customers,&quot;&nbsp;Khosrowshahi added.

Uber paid an amount of $100,000 to ensure complete removal of the data

Uber revealed on Tuesday about a data breach that the ride-hailing company suffered in October 2016. The data breach had reportedly affected about 57 million driver and rider accounts. Information relating to their telephone numbers, emails, names had been compromised, the company said. The ride-hailing company fired its CEO Joe Sullivan for concealing details regarding the data breach. The hackers demanded payment from Uber in return for stolen data. Uber paid an amount of $100,000 to ensure complete removal of the data. The issue came to notice recently when the company's board conducted an investigation into Uber's past. The newly elected Chief Executive Dara Khosrowshahi has decided to take an action on the matter. The incident happened during the tenure of Travis Kalanick- Uber's co-founder, who was the chief executive at the time of the breach. "None of this should have happened, and I will not make excuses for it," Khosrowshahi said in a blog post. According to the company's account, two individuals downloaded data from a web-based server at another company that provided Uber with cloud-computing services. Kalanick learnt of the breach a month after it took place, in November 2016, as the company was in negotiations with the US Federal Trade Commission over the handling of consumer data, according to Bloomberg. Khosrowshahi said he had hired Matt Olsen, former general counsel of the US National Security Agency, to help him figure out how to best guide and structure the company's security teams and processes. "While I can’t erase the past, I can commit on behalf of every Uber employee that we will learn from our mistakes," he said. "We are changing the way we do business, putting integrity at the core of every decision we make and working hard to earn the trust of our customers," Khosrowshahi added.

Uber reports data breach affecting 57 million accounts

Indian shares rose for a fourth consecutive session on Tuesday, boosted by Reliance Industries Ltd after Goldman Sachs raised its target price on the stock.

Goldman Sachs raised the target price on Reliance by 26 percent to 1,205 rupees and added the stock to its &lsquo;conviction list&rsquo; with a &lsquo;buy&rsquo; rating. The investment bank also expects the company&rsquo;s core earnings to double over the next three years. Reliance shares gained as much as 2 per cent.

The broader NSE Nifty was up 0.41 per cent at 10,341.05 as of 0637 GMT, while the benchmark BSE Sensex was 0.44 per cent higher at 33,507.26.

The Nifty Pharma index rose 2.2 per cent with Dr. Reddy&rsquo;s Laboratories Ltd gaining 9.65 per cent after the company got Establishment Inspection Report from the U.S. FDA for its Duvvada facility at Vishakapatnam.

Broader Asian markets were trading higher after strong German economic data boosted sentiment.

MSCI&rsquo;s broadest index of Asia-Pacific shares outside Japan was up 0.8 per cent.

&ldquo;Markets are riding on momentum and though there could be profit-booking by derivatives expiry next week, I expect Nifty to cross 10,500,&rdquo; said Krish Subramanyam, co-head - equity advisor at Altamount Capital.

Logistics firms gained after the government granted infrastructure status to the sector to help enable easy access to loans. Allcargo Logistics Ltd rose as much as 3.8 per cent.

Quess Corp Ltd surged as much as 9.5 percent after agreeing to buy a 51 per cent stake in Tata Business Support Services Ltd.

Among losers, L&amp;T Finance Holdings Ltd fell 3.9 percent after IFR reported that Citigroup is selling a 2.15 per cent stake in the company.

Indian shares rose for a fourth consecutive session on Tuesday, boosted by Reliance Industries Ltd after Goldman Sachs raised its target price on the stock

Indian shares rose for a fourth consecutive session on Tuesday, boosted by Reliance Industries Ltd after Goldman Sachs raised its target price on the stock. Goldman Sachs raised the target price on Reliance by 26 percent to 1,205 rupees and added the stock to its ‘conviction list’ with a ‘buy’ rating. The investment bank also expects the company’s core earnings to double over the next three years. Reliance shares gained as much as 2 per cent. The broader NSE Nifty was up 0.41 per cent at 10,341.05 as of 0637 GMT, while the benchmark BSE Sensex was 0.44 per cent higher at 33,507.26. The Nifty Pharma index rose 2.2 per cent with Dr. Reddy’s Laboratories Ltd gaining 9.65 per cent after the company got Establishment Inspection Report from the U.S. FDA for its Duvvada facility at Vishakapatnam. Broader Asian markets were trading higher after strong German economic data boosted sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.8 per cent. “Markets are riding on momentum and though there could be profit-booking by derivatives expiry next week, I expect Nifty to cross 10,500,” said Krish Subramanyam, co-head - equity advisor at Altamount Capital. Logistics firms gained after the government granted infrastructure status to the sector to help enable easy access to loans. Allcargo Logistics Ltd rose as much as 3.8 per cent. Quess Corp Ltd surged as much as 9.5 percent after agreeing to buy a 51 per cent stake in Tata Business Support Services Ltd. Among losers, L&T Finance Holdings Ltd fell 3.9 percent after IFR reported that Citigroup is selling a 2.15 per cent stake in the company.

Sensex rises for fourth day; Reliance, pharma lead

The <a href="http://www.wionews.com/world/uber-to-allow-tipping-for-drivers-reversing-long-standing-policy-17071" target="_blank">ride-hailing Global Transportation technology</a>, <a href="http://www.wionews.com/world/indian-rape-survivor-sues-uber-ceo-kalanick-for-obtaining-medical-records-illegally-16899" target="_blank">Uber</a>, was slapped with a fine of $8.9 million by a western US state Colorado.

The US state&nbsp;fined the company stating that the ride services company had appointed 57 &quot;undeserving and unqualified drivers&quot;.

&nbsp;It said the drivers&nbsp;lacked valid driver&#39;s licenses or had committed other offences that made&nbsp;them unfit for the job.&nbsp;

A probe conducted by the Colorado Public Utilities Commission found violations that included 12 drivers convicted with felony, 17 drivers with major moving-vehicle violations and three drivers with a type of driver&#39;s license required after recent drunk-driving convictions.

The global transportation company has about 600,000 drivers in the US.

The company had undergone difficult times in the recent past with <a href="http://www.wionews.com/world/uber-ceo-orders-urgent-investigation-after-allegations-of-sexism-harassment-at-company-12596" target="_blank">allegations of bribery laws and sexual harassment</a>.&nbsp;

<a href="http://www.wionews.com/world/uber-ceo-says-he-must-grow-up-after-blasting-uber-driver-complaining-of-cuts-12908" target="_blank">Uber </a>recently said in a statement that it discovered an error in its background check process in Colorado. It further stated that it had begun working to correct the issue.

Colorado fined the company stating that the ride services company had appointed 57 undeserving and unqualified drivers

The ride-hailing Global Transportation technology, Uber, was slapped with a fine of $8.9 million by a western US state Colorado. The US state fined the company stating that the ride services company had appointed 57 "undeserving and unqualified drivers". It said the drivers lacked valid driver's licenses or had committed other offences that made them unfit for the job. A probe conducted by the Colorado Public Utilities Commission found violations that included 12 drivers convicted with felony, 17 drivers with major moving-vehicle violations and three drivers with a type of driver's license required after recent drunk-driving convictions. The global transportation company has about 600,000 drivers in the US. The company had undergone difficult times in the recent past with allegations of bribery laws and sexual harassment. Uber recently said in a statement that it discovered an error in its background check process in Colorado. It further stated that it had begun working to correct the issue.

Colorado fines Uber $8.9 million over 'unqualified' drivers

Pakistani authorities have written to the Punjab home department asking it to take stringent measures for the security of detained Mumbai attacks mastermind Hafiz Saeed, claiming a &quot;foreign intelligence agency&quot; had planned to kill him.&nbsp;

In the letter, the National Counter Terrorism Authority said the foreign spy agency had paid Rs&nbsp;80 million to two activists of a banned outfit for the assassination of Saeed.

It asked the Punjab home department to ensure foolproof security for the Jamat-ud-Dawah (JuD) chief.

Saeed has been under house arrest in Lahore since January 30 under the Anti-Terrorism Act 1997.

The home department last month had extended his detention for another 30 days (till November 26) under public safety law.

The department&#39;s notification had said, &quot;There is apprehension that Saeed shall create a law and order situation upon release&quot;.

The JuD has already been declared as a foreign terrorist organisation by the US in June 2014. The JuD chief carries a reward of USD 10 million announced by the US for his role in terror activities.&nbsp; 
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Honda is recalling about 800,000 of its Odyssey minivans in the United States?over faulty parts blamed for 46 minor injuries, the company said, just a month after settling a huge lawsuit on other defects

Pakistani authorities have written to the Punjab home department asking it to take stringent measures for the security of detained Mumbai attacks mastermind Hafiz Saeed, claiming a "foreign intelligence agency" had planned to kill him. In the letter, the National Counter Terrorism Authority said the foreign spy agency had paid Rs 80 million to two activists of a banned outfit for the assassination of Saeed. It asked the Punjab home department to ensure foolproof security for the Jamat-ud-Dawah (JuD) chief. Saeed has been under house arrest in Lahore since January 30 under the Anti-Terrorism Act 1997. The home department last month had extended his detention for another 30 days (till November 26) under public safety law. The department's notification had said, "There is apprehension that Saeed shall create a law and order situation upon release". The JuD has already been declared as a foreign terrorist organisation by the US in June 2014. The JuD chief carries a reward of USD 10 million announced by the US for his role in terror activities.

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