Newsmakers: Volkswagen's crisis, Cabinet approves Boeing deal and more

Volkswagen's diesel cars crisis: Volkswagen AG, the world's biggest carmaker by sales, is caught in a fix with the US authorities over the emissions of its diesel models. The German automobile manufacturer has admitted that it played foul in the US emission tests. The probe is currently on while the company shares have nosedived to three-year lows.

Cabinet approves deal for Boeing choppers: The Cabinet has cleared the purchase of Boeing's Apache and Chinook helicopters in a deal worth around $2.5 billion, two government sources said, in a further boost to defence ties with the United States.

Govt exempts WhatsApp from encryption policy: A day after witnessing huge protest against its Encryption Policy which triggered privacy concerns, the government has decided to exempt WhatsApp and social media sites from it. According to the policy proposal, every message that you send be it through WhatsApp, SMS, Email or any such service must be mandatorily stored in plain text format for 90 days and made available on demand to security agencies under the New Encryption Policy.

NTPC's tax-free bonds to hit market tomorrow: National Thermal Power Corporation's (NTPC ) Rs 700 crore public issue for tax-free bonds will open on Wednesday, of which 40 per cent or Rs 280 crore is reserved for retail investors.

Microsoft begins release of Office 2016: Microsoft Corp said it has begun the worldwide roll-out of Office 2016, the latest addition to its cloud-based subscription service Office 365, on Tuesday. Microsoft said Office 2016 brings new versions of desktop apps for Windows including Word, PowerPoint, Excel, Outlook and Access and allows people to collaborate and work together.