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India road ministry issues draft rules for mandatory rear seat belt alarms

BENGALURU (Reuters) -India’s road transport ministry has issued draft rules to make it mandatory for car makers to install alarm system for rear seat belts. The last date for public comments on draft rules is Oct. 5, according to the notification. India has been considering enforcing the use of rear seatbelts after Cyrus Mistry, the former …

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Cricket-Green, Wade help Australia clinch high-scoring contest v India

NEW DELHI (Reuters) – Cameron Green smashed 61 and Matthew Wade provided the late assault to secure Australia’s four-wicket victory in the first Twenty20 International against India on Tuesday. The clash between world champions Australia and current number one India produced a high-scoring contest, which the tourists clinched with four balls to spare to go …

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India’s Srinagar city to start showing movies after over two decades

By Fayaz Bukhari SRINAGAR, India (Reuters) – A top Indian government official inaugurated a multi-screen cinema hall in Srinagar, the largest city in the restive Kashmir region, on Tuesday and it will begin showing movies next month, more than two decades after cinemas were closed there. “The government is committed to change perceptions about Jammu …

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Digit Insurance IPO put on hold by Indian watchdog

MUMBAI (Reuters) -Digit Insurance, a company backed by Canadian billionaire Prem Watsa’s Fairfax Group, has had a planned initial public offering (IPO) put on hold, a Securities and Exchange Board of India (SEBI) regulatory document showed on Tuesday. The IPO has been kept in “abeyance” and certain observations have been issued, the document on SEBI’s …

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Uber asks its India drivers to ensure rear seatbelts in their cars work

By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Ride-hailing company Uber Technologies has asked its drivers in India to ensure backseat seatbelts in their vehicles are accessible to passengers and they work, days after a local business tycoon died in a crash involving his private car. The move comes amid a growing road-safety …

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Exclusive-Google faces pressure in India to help curb illegal lending apps -sources

By Nupur Anand and Ira Dugal MUMBAI (Reuters) – Alphabet Inc’s Google has been asked by the Indian government and the central bank to introduce more stringent checks to help curb the use of illegal digital lending applications in India, according to sources. Even though Google doesn’t fall under the Reserve Bank of India’s (RBI) …

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Fiat Chrysler gets new chance to block Mahindra 4x4s in Jeep trademark case

By Blake Brittain (Reuters) – Fiat Chrysler on Monday received a second chance to permanently block U.S. sales of redesigned Roxor off-road vehicles made by Indian carmaker Mahindra & Mahindra Ltd, which is fighting claims that it copied Fiat Chrysler’s Jeep design. The 6th U.S. Circuit Court of Appeals said that a Detroit federal court …

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Indonesia trimming palm oil stocks with discounts, India sales

By Rajendra Jadhav and Bernadette Christina MUMBAI/JAKARTA (Reuters) – Indonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, where demand is picking up for next month’s Diwali festival, industry officials said. Backed by Jakarta’s waiver of palm oil export levies, which was recently extended …

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