Business
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Indian bond market issuances cross $105 billion in FY24, $25 billion new equity issued
Mumbai: Debt issuances and corporate bond issuances exceeded $105 billion in the last financial year (FY24) and new equity issuances was about $25 billion, underlining the depth of Indian bond markets, Pramod…
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Daily online grocery demand slows down, FMCG sales growth drops: Report
New Delhi: As stocks of fast-moving consumer goods (FMCG) companies keep growing, the sector growth has slowed down due to less packaged food consumption among the Indians and slowdown in daily online…
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Paramount Global to cut 15 per cent of US workforce
Los Angeles: Media conglomerate Paramount Global announced that it will cut 15 per cent of its US-based workforce, or about 2,000 jobs, as part of a broader cost-cutting plan. The cuts will…
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Bears growl on RBI MPC policy day, Sensex slumps 581 points
Mumbai: India’s equity indices closed lower on Thursday following a hawkish stance by the Reserve Bank of India (RBI) governor on monetary policy. At closing, Sensex fell 581 points, or 0.73 percent,…
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Bangladesh unrest a USD 250M monthly readymade garment export opportunity for India: Report
New Delhi: If the political unrest prolong in Bangladesh, nearly 10 per cent of the neighbouring country’s readymade garment (RMG) export orders could shift, presenting a $200-250 million monthly export opportunity for…
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Public EV charging stations increase 9-fold in India amid robust adoption
New Delhi: The number of public battery electric vehicle (BEV) charging stations in India expanded significantly from 1,800 in February 2022 to 16,347 in March this year, marking nearly a nine-fold increase,…
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Indian hospital industry’s financial profile to remain healthy in FY25: Report
New Delhi: Backed by sustained healthy demand for healthcare services and continued market share gains for organised players, the aggregate occupancy for the Indian hospital industry will remain strong at 61-63 per…
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Charles Schwab plans Technology Development Centre in Hyderabad
Hyderabad: Charles Schwab, a global leader in financial services, has chosen Hyderabad as the prospective location for its first Technology Development Centre in India. The decision followed fruitful discussions between Telangana Chief…
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Nazara acquires UK-based Fusebox Games for Rs 228 crore
Mumbai: Gaming and sports media company Nazara Technologies on Thursday said it has acquired Fusebox Games, a UK-based gaming studio, for Rs 228 crore ($27.2 million) in an all-cash deal. Fusebox offers…
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Meta’s Llama Impact Grants programme launched in India
New Delhi: Tech giant Meta on Thursday launched its Llama Impact Grants programme in India, to extend access to the opportunities of artificial intelligence (AI) to more organisations around the world. The…
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Sensex, Nifty tumble post RBI monetary policy decision
Mumbai: Equity benchmark indices Sensex and Nifty continued to trade lower on Thursday after the Reserve Bank of India decided to keep the policy rate unchanged for the ninth time in a…
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India’s onion exports touch 2.6 lakh tons mark in April-July
New Delhi: A total quantity of 2.60 lakh tons of onion have been exported during the first four months of the current financial year (2024-25) till July 31, the Parliament was told…
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Samsung’s AI-driven Fold6 offers an unmatched experience for Indian fans
New Delhi: Foldable smartphones are seeing a rise in competition as some new players emerged in 2023 and some are doubling down with innovative devices in 2024. However, according to industry experts,…
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Engineers develop earbuds to combat drowsiness while driving
New Delhi: Drowsy driving is a critical hazard which contributes to road accidents worldwide. However, engineers have now developed earbuds to address the drowsiness while driving. Engineers at the University of California,…
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Harness AI’s potential while protecting individual rights: US Consul-General
Mumbai: Mike Hankey, US Consul-General in Mumbai, on Wednesday said that through international cooperation and adherence to ethical standards, we can empower societies and economies to fully leverage AI’s potential while protecting…
