Daily GK Update: February 19th, 2016.

Ringing Bells suspends orders for Freedom251 for 24 hours.

Ringing Bells, which launched ‘Freedom 251’, priced at Rs. 251 – touted as the world’s cheapest smartphone – has suspended taking orders for 24 hours due to overload. A new entrant in the flourishing Indian mobile handset market, Ringing Bells has unveiled what is being touted as the world’s cheapest smartphone, but has also raised concerns in the industry on feasibility of offering such a low price.

KCR to lay foundation for Cyient facility at Warangal.

Information technology firm Cyient will establish Technology Development Centre in Warangal. The facility, to come up at the Madikonda Special Economic Zone of Telangana State Industrial Infrastructure Corporation, will focus on advanced geographic information systems (GIS), remote sensing and photogrammetry technologies catering to a host of solutions for the transportation (navigation), utilities, and communications sectors.

Govts. must strike balance.

Microsoft Corporation said governments need to strike a balance between security and privacy. “When it comes to the role of the governments, I think they have a fundamentally important role in striking a balance between privacy and security,” Brad Smith, President and Chief Legal Officer at Microsoft said. “We want to live in a world where public is safe and we also want to live in a world where privacy rights are secure”, he said.

MRF CMD Mammen elected ATMA Chairman.

MRF Chairman and Managing Director K.M. Mammen has been elected as the Chairman of Automotive Tyre Manufacturers’ Association (ATMA), a lobby group representing the automotive tyre sector in India.

Ministry moots National Social Security Authority.

The Labour Ministry has mooted the idea of forming a National Social Security Authority, chaired by Prime Minister Narendra Modi, and a separate Social Security Department within the ministry to provide social security to the entire population in a bid to prop up the government’s pro-worker credentials.

Ministers meet to finalise draft civil aviation policy.

Home Minister Rajnath Singh held a meeting with six of his cabinet colleagues to discuss the final contours of the civil aviation policy. The meeting comes in the backdrop of the split in the airline industry over the issue of granting the right to local carriers to fly overseas.“It was a good meeting. We discussed all the issues related to the draft civil aviation policy,” said a senior government official present at the meeting.

CCI orders probe against Monsanto joint venture.

The Competition Commission of India (CCI) has sought a probe into a joint venture of Monsanto arguing that there exists a prima facie case of abuse of dominant position against the firm regarding supply of genetically modified (GM) cotton seeds.

Infosys Consulting Holding appoints Michael Pesch as CEO.

IT major Infosys has appointed Michael Pesch as Chief Executive Officer of Infosys Consulting Holding AG (formerly Infosys Lodestone), effective from April 1. He will focus on expanding the reach of Infosys consultants and experts in digital transformation and design-led innovation, as well as increasing Infosys’ expertise in large-scale SAP programmes, the company said in a statement.