As many as 80-85 per cent Paytm wallet users will not face any disruption because of regulatory actions, and the remaining users have been advised to link their apps to other banks, RBI Governor Shaktikanta Das said on Wednesday. The Reserve Bank of India on January 31 barred Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accounts.
Valentino Rossi talked with Ferrari about racing in the team's second car at next weekend's Formula One Italian Grand Prix but decided against it, the MotoGP world champion said. Ferrari instead opted for Force India's Italian driver Giancarlo Fisichella, who will race for the world champions for the remainder of the season.
The International Automobile Federation (FIA) has summoned Mercedes and tyre supplier Pirelli to its international tribunal in Paris on June 20 on charges of breaking the rules by testing in Spain last month.
Ferrari's are said to be the most beautiful cars in the world.
Ferrari will replace Jean Todt as their Formula One team boss with Stefano Domenicali from January.
Felipe Massa was leading the 2008 Singapore Grand Prix when fellow-Brazilian Nelson Piquet Jr. deliberately crashed his Renault into the wall on lap 14.
Ferrari, the Italian automobile giant, had launched its Magic India Discovery Drive in association with the Tata Group, in Mumbai on 25 February, 2008. The car featured in this tour is the 612 Scaglietti, Ferrari's flagship GT model. The car will cover 13220 kms, touching 57 cities in India for over 74 days. The tour will end on May 8, 2008. Apart from the Tata Group, this tour is sponsored by Fiat Automobile, Shell, Alcoa, Pirelli, Saima Avandero and OMR.
Retired seven times world champion Michael Schumacher believes Ferrari's new F2008 car gives them a good chance of retaining their constructors' title.
Ferrari are tapping the talents of Rory Byrne, the South African designer whose cars took Michael Schumacher to seven Formula One drivers' titles with Benetton and Ferrari, to help with development of their 2014 car.
Ratan Tata flagged off the Ferrari Magic India Discovery Tour near the Gateway of India in Mumbai on Monday.
Ferrari's 2008 cars lapped quicker than the new McLarens in Formula One's first official test of the year in Jerez.
Fernando Alonso said he planned to see out his Formula One career at Ferrari after the Italian team announced on Thursday that they had extended the double world champion's contract to the end of 2016.
Ferrari are considering whether to lodge a protest that could lead to the result of the Formula One world championship being overturned.
Schumacher retired at the end of the 2006 season but returned to the race track this month in a test that Ferrari described at the time as "half for pleasure, half for technical reasons."
One word seemed to encapsulate Fernando Alonso's Malaysian Grand Prix weekend.
Fernando Alonso is leaving Ferrari at the end of the season because he wants a fresh environment and needs to be winning again, the Formula One team's ex-chairman Luca di Montezemolo said on Wednesday.
Improving qualifying, without upsetting the race pace, will be the immediate priority for Ferrari whose last driver's title was with Kimi Raikkonen in 2007 and who last enjoyed constructors' success a year later.
'I don't think the departure of Schumacher or (technical director Ross) Brawn will change much,' said the Toyota driver.
Ferrari agreed on Friday to end legal action against McLaren over last year's spy scandal for the good of Formula One.
Verstappen, who is 145 points clear of team mate Sergio Perez in the championship and set for a third title well before the end of the season, suggested Wolff should focus on his own team.
Formula One's governing body upheld a $100,000 fine for Ferrari on Wednesday but kept alive Fernando Alonso's hopes of a third title after deciding to impose no further sanctions for the use of banned 'team orders'. Race stewards had handed the $100,000 fine to the Italian glamour team after the German Grand Prix at Hockenheim in July when Ferrari were found to have ordered Felipe Massa to allow Fernando Alonso victory in a one-two finish.
Formula One esports race was the third in a series designed to give fans something to watch after the COVID-19 pandemic stalled motorsport worldwide and left Formula One still waiting to start its season.
Felipe Massa delivered his eagerly-awaited verdict on Ferrari's new Formula One car after the first day of testing on Tuesday, with sighs of relief likely to be heard around Maranello.
Ferrari dealt Fernando Alonso a rare public rebuke on his 32nd birthday on Monday for critical comments after Sunday's Hungarian Formula One Grand Prix.
Fernando Alonso will start Sunday's Monaco Grand Prix from the pit lane after wrecking his Ferrari in final practice for the showcase race of the Formula One season.
Designed by Ferrari Styling Centre, the 488 GTB can race from zero to 100 km/hr in 3 seconds.
Red Bull's Max Verstappen started the season with a commanding Bahrain Grand Prix win from pole position.
India's foreign ministry condemned Ferrari on Friday for putting the Italian navy flag on their cars at the Indian Grand Prix in what was seen as a political gesture of support for detained sailors.
'Ferrari know how to accept defeat, just as they know how to celebrate victory,' Ferrari president Luca di Montezemolo said.
Ferrari CEO Amadeo Felisa expressed disappointment over seven-time Formula One champion Michael Schumacher's defection to Mercedes-Benz, but said it will not affect their vehicle sales.
A summary of sports events and sports persons, who made news on Saturday
Force India has agreed to release Giancarlo Fisichella, who earned the team its first podium finish in Sunday's Belgian Grand Prix, and the Italian will join Ferrari, sources said on Thursday.
Vettel came out on top, giving Ferrari their first pole position since 2012 with a masterful lap around the floodlit Singaporean track.
The Brazilian said he would never forget the team's support for him after his near-fatal head injury at the 2009 Hungarian Grand Prix.
Renault's Fernando Alonso will replace Kimi Raikkonen at Ferrari next season, the Italian team said Wednesday. Spain's Alonso, World champion in 2005 and 2006, has signed a three-year deal and will partner Felipe Massa next year.
Formula One's governing body said on Friday it would sue champions Ferrari and other teams for planning a breakaway series. 'The FIA's lawyers have now examined the FOTA (Formula One Teams Association) threat to begin a breakaway series,' the International Automobile Federation (FIA) said in a statement at the British Grand Prix.
Formula One's more cynical participants have long joked that the letters FIA really stand for Ferrari International Assistance rather than International Automobile Federation.
Ferrari have parted company with chief designer Nikolas Tombazis and engineering director Pat Fry, two of the men responsible for designing this year's car as the team endured their first season without a win since 1993.