Business
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Toyota Group signs MoU with Karnataka for Rs 4,800 crore investment
Bengaluru: The Toyota Group of Companies, comprising Toyota Kirloskar Motor and Toyota Kirloskar Auto Parts, on Saturday announced a Memorandum of Understanding (MOU) signed with the Karnataka government to invest Rs 4,100…
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Jeff Bezos donates nearly $120 mn to nonprofit: Report
San Francisco: Tech giant Amazon’s founder Jeff Bezos has donated $118 million to a nonprofit, but it is unclear to which nonprofit he donated, media report said. According to a Securities and…
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Bitcoin, other cryptocurrencies in free fall after interest rate hikes
New Delhi: Bitcoin on Sunday witnessed another round of free fall, slipping below $35,000 per coin, as the global crypto market went through a massive slump of over 4.5 per cent in…
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Some BMWs shipping without Android Auto, CarPlay amid chip shortage
San Francisco: Due to the current chip shortage, luxury automobile manufacturer BMW is reportedly shipping some of its cars without Android Auto and CarPlay. Starting in 2019 and expanding in 2020, nearly…
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Musk ignores govt calls as India Tesla team moves to other markets
New Delhi: While Union Ministers keep on making a beeline to Tesla CEO Elon Musk to come and manufacture electric cars in India, he is more interested in his $44 billion Twitter…
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Ford may let car owners rev engines from a phone or key fob
San Francisco: US automaker Ford is working on a new technology that will allow owners to rev the engines of their vehicles remotely. According to Ford Authority, the technology would allow vehicle…
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Oracle says nurturing Indian startups to take them global
New Delhi: As India gets its 100th unicorn, Cloud major Oracle on Friday said it is not only nurturing the next breed of startups to expand their footprint but also connecting them…
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Byju’s to pump in $200 mn to expand hybrid tuition model
Kolkata: Byju’s will be pumping USD 200 million over the next two years to expand and build its hybrid tuition business, a senior company official said on Thursday. The firm valued at…
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Rupee slumps 38 paise to 76.73 against US dollar in early trade
Mumbai: The rupee depreciated 38 paise to 76.73 against the US dollar in the opening trade on Friday, weighed down by unabated foreign fund outflows and firm crude oil prices. At the…
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Hero MotoCorp shares decline 3 pc post Q4 earnings
New Delhi: Shares of Hero MotoCorp fell by 3 percent on Wednesday, a day after the company said its consolidated profit after tax declined by 30 percent in the fourth quarter ended…
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After sale to FB, WhatsApp is not what it used to be: Former CBO
Former Chief Business Officer Neeraj Arora of instant messaging application WhatsApp stated that the app today is only a shadow of the product the erstwhile employees worked on. Things dramatically changed, according…
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Arrest of Jack Ma erodes $27 bn from Alibaba’s share value
Beijing: The arrest of an individual with the last name ‘Ma’ in China left people in utter shock who dumped shares in Alibaba that eroded a massive $27 billion in its share…
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Apple now starts selling refurbished Watch Series 7
San Francisco: Apple has started selling refurbished versions of the Watch Series 7, the newest watch model, that was released in September 2021. According to a report by MacRumors, the pricing on…