Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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Telegram CEO claims Reliance, WhatsApp behind ban push in India
New Delhi: Messaging app Telegram CEO Pavel Durov has alleged that Reliance Group, in which Meta has a partial stake, may have lobbied, along with its competitor WhatsApp, to impose a ban…
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Nykaa partners with OpenAI to bring shopping to ChatGPT
New Delhi: Beauty and lifestyle retailer Nykaa on Tuesday, June 16, announced a collaboration with OpenAI to introduce artificial intelligence-driven shopping experiences and make its catalogue directly accessible to users through ChatGPT.…
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Anand Mahindra hails Musk’s resilience after trillionaire milestone
New Delhi: As the world admires Elon Musk, who achieved the feat of becoming the first trillionaire after the record-breaking stock market debut of his company SpaceX, Mahindra Group Chairman Anand Mahindra…
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Stock markets climb in early trade tracking global rally
Mumbai: Benchmark indices Sensex and Nifty rallied in early trade on Tuesday, June 16, driven by a positive trend in global markets and cooling crude oil prices following a peace deal between…
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Crude oil futures tank over 5 percent
New Delhi: Crude oil futures fell more than 5 per cent and slid to a three-month low of Rs 7,624 per barrel on Monday, June 15, after the US and Iran reached…
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Stock markets surge tracking global rally, drop in oil prices
Mumbai: Stock market benchmark indices Sensex and Nifty surged in early trade on Monday, June 15, mirroring a rally in global equities and a sharp decline in crude oil prices, after the…
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Gadkari approves 100 pc ethanol fuel to cut fossil fuel imports
New Delhi: Union Minister for Road Transport and Highways, Nitin Gadkari, said he has approved the use of 100 per cent ethanol fuel to reduce India’s dependence on imported fossil fuels. The…
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Inflation data, crude oil drivers for stock markets: Analysts
New Delhi: Market investors would keenly track inflation data, the US Fed interest rate decision, and trends in crude oil prices to determine further movement, analysts said. Besides, the status of the…
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Rahul ‘undermining’ achievements of India: Sitharaman
Bengaluru: Union Finance Minister Nirmala Sitharaman on Sunday, June 14, slammed Congress leader Rahul Gandhi, accusing him of “undermining” the achievements of India and its people while targetting Prime Minister Narendra Modi…
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Inside the empire that made Elon Musk the first trillionaire
New York: Elon Musk, the world’s richest man and now first-ever trillionaire, controls a lot of different businesses. Electric vehicles. Brain implants. Underground tunnels. A social media platform once called Twitter. And…
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L’Oreal leases 90,000 sq ft in Hyderabad for its global tech hub
Hyderabad: French beauty giant L’Oreal India has leased 89,628 square feet of office space at Meenakshi Eco Park in Nanakramguda, Hyderabad, in what marks a concrete step toward establishing the company’s first…
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Hyderabad’s Manam bets USD 9 mn on homegrown chocolate
Hyderabad: Manam Chocolate, a Hyderabad-based bean-to-bar craft chocolate company, has raised USD 9 million in a Series A funding round led by venture capital firm Omnivore, with participation from the Turner Morrison…
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Elon Musk enters history books as the world’s first trillionaire
New York: Shares of SpaceX soared 23 per cent in their Wall Street debut on Friday, June 12, making the rocket maker’s CEO Elon Musk the first-ever trillionaire. The shares opened at…
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Govt hikes onion procurement rate to Rs 16.5 per kg
New Delhi: The government has raised the onion procurement price under its buffer stock programme to Rs 16.50 per kg with effect from Saturday, June 13, from Rs 15.80 per kg currently,…
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Retail inflation quickens to 3.93 pc in May, shows govt data
New Delhi: Retail inflation inched up to 3.93 per cent in May from 3.48 per cent in the preceding month due to higher food prices, as the impact of rising global energy…
