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Disney blocks John Oliver show critical of Narendra Modi

Bloomberg An episode of John Oliver’s show that criticised Prime Minister Narendra Modi has been blocked in India by Hotstar, the local platform run by Walt Disney Co. The comedian was previewing President Donald Trump’s visit to India on his Emmy-winning ‘Last Week Tonight with John Oliver,’ which typically airs at 6 am each Tuesday in the Asian nation. When ...

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Toyota invests $400m in Pony.ai for driverless pact

Bloomberg Toyota Motor Corp invested $400 million in Pony.ai to strengthen its ties with the Chinese provider of driverless-car systems. The investment extends the companies’ partnership formed last year and pushes Pony.ai’s valuation to more than $3 billion, the startup said in a statement. The pact enables a “deeper integration” of Pony.ai’s technology with Toyota’s vehicles. “It will enable us ...

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India sees privatisation as answer to flailing power firms

Bloomberg India’s federal government will encourage inefficient state power utilities to seek privatisation and other institutional reforms to turn around money-losing operations and ensure reliable supplies to consumers, according to the top bureaucrat in the federal power ministry. States with electricity utilities that lose more than 15% of revenue due to archaic networks, power theft and sloppy billing and collections ...

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