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India’s October car, motorbike sales skid as dealers caution over stock

The sales numbers, based on vehicles registered in the country, were higher than September as more people visited car showrooms, but the Federation of Automobile Dealers Association (FADA) warned that momentum is slow.

New cars fared better than older models, entry-level motorcycles saw poor demand and discounts offered by automakers in October 2019 were higher – all of which affected sales this year, FADA President Vinkesh Gulati said in a statement

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GSTN infrastructure upgraded to handle up to 300,000 users concurrently

Besides, the Goods and Services Tax Network (GSTN) has introduced auto-populated sales return form GSTR-3B in PDF form which will be available from October 2020 tax periods onwards.

The complete PDF with auto-population of input tax credit will be available on the common portal (GSTN) from November 12, 2020, GSTN said in a statement.

GSTN said it has augmented the capacity of the gateway from 150,000 to 300,000 concurrent logged in taxpayers to handle the expected sharp surge in the indirect tax-related activities on the portal after easing of lockdown.

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India records 45,903 new COVID-19 cases, 490 more deaths

The total number of people who have recuperated from the disease surged to 79,17,373, pushing the national recovery rate to 92.56 per cent while the case fatality rate stands at 1.48 per cent.

The number of active cases of COVID-19 remained below 6 lakh for the 11th consecutive day. There are 5,09,673 active cases of the coronavirus infection in the country as on date which comprises 5.96 per cent of the total caseload, the data stated.

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Automakers log dip in fleet sales in Sep qtr amid coronavirus pandemic

“There has been extreme aversion on the part of customers against shared mobility and public transport and they are obviously looking at personal transport. If we look at the figures in our portfolio, fleet sales which include shared mobility, in the second quarter there was a drop of 69 per cent,” Maruti Suzuki India Executive Director (Sales and Marketing) Shashank Srivastava said.

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Govt working to make India automobile manufacturing hub in next 5 years: Gadkari

He also said that Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports.

“e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment. Import of crude oil and air pollution are two major concerns for the country. We need to have an integrated approach for EVs,” he added.

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Bigbasket faces potential data breach; details of 2 crore users put on sale on dark web

The only customer data that we maintain are email IDs, phone numbers, order details, and addresses so these are the details that could potentially have been accessed. We have a robust information security framework that employs best-in-class resources and technologies to manage our information. We will continue to proactively engage with best-in-class information security experts to strengthen this further,” Bigbasket said.

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Parliamentary panel seeks info from app companies on data breach check protocols

The Parliamentary panel asked companies about what data they collect from users and where they store it.

The committee has earlier expressed concerns over data breach by social media platforms and mobile application based companies.

The companies said that they localise data which in turn reduces response time and helps them offering better services. They said that data is stored in countries where they operate.

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