Business
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51pc Indians use words, phrases from languages that are untranslatable to English: Report
New Delhi: Over half of urban Indians (about 51 per cent) use words or phrases from specific regional languages to express love language or in humorous or witty situations, which cannot be…
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Freo achieves profitability, records Rs 350 cr revenue in FY24
New Delhi: Digital banking platform Freo on Monday said it has achieved profitability and reported gross revenue of Rs 350 crore for FY24. The company mentioned that it has been profitable for…
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MakeMyTrip now accessible globally, expands its reach to over 150 countries
New Delhi: Adding another significant milestone in its over two-decade-long journey, online travel company MakeMyTrip on Monday said that it is now accessible globally. Previously operational in India, the US, and the…
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India’s EV landscape set to be transformed with key govt initiatives
New Delhi: The rise in EV battery manufacturing, alongside the ‘Make in India’ initiative, will lower manufacturing costs and boost EV sales in the country, according to industry experts. According to Liz…
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Mphasis partners AWS to launch Gen AI Foundry for financial services
New Delhi: Information Technology (IT) solutions provider Mphasis on Friday announced a multi-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS) to launch Gen AI Foundry for financial services. According…
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Tesla to showcase a ‘robotaxi’ on August 8: Elon Musk
San Francisco: Elon Musk on Saturday said that his electric car company Tesla will unveil its robotaxi on August 8. In a post on his social media platform X, the billionaire said:…
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Australian envoy to India discusses future collaborations with Gautam Adani
New Delhi: Australia’s High Commissioner to India, Philip Green, on Friday said he met Adani Group’s Founder and Chairman, Gautam Adani, and had a detailed discussion that not only focused on existing…
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Bank Nifty edges higher on robust credit growth
Mumbai: Although the RBI policy meeting unfolded as anticipated on Friday, concerns over food inflation and warnings of a heat wave tempered the sentiment, said Vinod Nair, Head of Research at Geojit…
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LG Electronics reports 11 pc decline in Q1 profit as costs rise
Seoul: LG Electronics said on Friday that its operating profit for the first quarter of this year fell more than 10 per cent from a year earlier, due to rising costs and…
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3 in 4 feature phone users in India consider switching to smartphones: Study
New Delhi: While feature phones remain a lifeline for many people in India, about three in four users have expressed interest in switching to smartphones, a new study revealed on Friday. According…
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Krafton India CEO appointed Vice President of Indian Digital Gaming Society
New Delhi: The Indian Digital Gaming Society (IDGS), a non-profit organisation, on Friday said that it appointed BGMI developer Krafton India CEO Sean Hyunil Sohn as its Vice President (VP). As VP,…
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Rupee falls 6 paise to 83.45 against US dollar in early trade
Mumbai: The rupee depreciated 6 paise to 83.45 against the US dollar in early trade on Friday, as market participants remained cautious ahead of the announcement of the Reserve Bank of India’s…
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Markets fall in early trade ahead of RBI policy announcement; Sensex tumble nearly 200 points
Mumbai: Benchmark equity indices Sensex and Nifty retreated from their record peaks and traded lower in early trade on Friday as investors turned cautious ahead of RBI’s interest rate decision, amid muted…
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Income Tax Dept throws open e-portal for filing ITRs
New Delhi: Central Board of Direct Taxes (CBDT) on Thursday said that has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24)…
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Centre Court Capital launches Rs 350 cr gaming, sports tech fund
New Delhi: Venture capital (VC) firm Centre Court Capital (CCC) on Thursday launched a Rs 350 crore fund to revolutionise the country’s sports and gaming landscape. According to the company, the fund…