Business
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Govt to sell bonds worth Rs 38,000 cr via RBI’s multiple price auction method
New Delhi: The Finance Ministry on Monday announced the sale of Rs 38,000 crore worth of government bonds through the Reserve Bank of India’s new multiple price auction method. These include (i)…
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Sensex, Nifty hit all-time high in intra-day as markets begin new fiscal
Mumbai: Stock markets started the new fiscal on a firm note on Monday with benchmark Sensex and Nifty scaling fresh record high levels in intra-day trade before settling in the green, backed…
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Tin Men Capital leads $2.7 mn investment in AI startup Ailytics
New Delhi: Venture capital firm Tin Men Capital, co-founded by Jeremy Tan and Murli Ravi, has led a $2.7 million investment in Ailytics, a Singapore-based B2B heavy industry software startup, it said…
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This is best time to invest in India for entrepreneurs worldwide: Zoho’s Sridhar Vembu
New Delhi: Sridhar Vembu, Founder and CEO of leading cloud software provider Zoho, said on Monday that this is the best time to invest in India for young entrepreneurs from all across…
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Apple ecosystem employed over 1.5 lakh people directly since PLI in 2021: Union Minister
New Delhi: The Apple ecosystem employed over 150,000 people directly since the production-linked incentive (PLI) scheme was approved in 2021, making it the country’s largest blue-collar job creator, Minister of State for…
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boAt launches 1st ‘India-made’ headphones with head-tracking 3D audio, spatial sound
New Delhi: Homegrown audio and wearable company boAt on Monday launched India’s first headphones with head-tracking 3D audio and spatial sound features. By harnessing spatial audio technology and integrating state-of-the-art 3D accelerometers…
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Audio streaming platform Pocket FM completes 1st ESOP buyback worth $8.3 mn
New Delhi: Audio series platform Pocket FM on Monday announced it has completed its first ESOP (employee stock ownership plan) buyback worth $8.3 million. Several former and existing employees, holding vested stocks…
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Gadkari vows to eliminate petrol, diesel vehicles in India
Nagpur: As part of his ambition to make India a green economy, Union minister Nitin Gadkari wants to slash GST on hybrid vehicles and has vowed to rid the country entirely of…
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Coal India likely to report output of 773.7 MT in FY’24
Kolkata: Coal India Ltd is likely to report production of around 773.7 million tonnes (MT) for the 2023-24 fiscal, which will be close to a 10-per cent growth over last year, company…
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Financial changes to impact credit/debit card users from April 1
With the new financial year beginning from April 1, several important changes in money-related regulations have been introduced, which can have an impact on people in the manner in which they spend…
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Samsung, employees agree to 5.1 pc pay raise for 2024
Seoul: Samsung’s management and its workers agreed to an average 5.1 per cent pay raise for the year, sources said on Friday. The world’s largest memory chip and smartphone maker reached an…
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Byju’s EGM on rights issue ends sans objections, dissenting investors skip meet
New Delhi: Embattled edtech company Byju’s on Friday held its extraordinary general meeting (EGM) called by the board of directors to raise the capital via the rights issue without any hassles. The…
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AI chatbot ‘Grok 2’ now in training, will exceed all expectations: Elon Musk
New Delhi: Tesla and SpaceX CEO Elon Musk on Friday said that AI chatbot ‘Grok 2’ is now in training and will exceed all expectations when it is finally released for the…
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FTX CEO Sam Bankman-Fried sentenced to 25 years in prison
San Francisco: Sam Bankman-Fried, the co-founder and CEO of collapsed crypto exchange FTX, was on Thursday sentenced to 25 years in prison in the US for seven counts of conspiracy and fraud…
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Rupee falls 6 paise to 83.39 against US dollar
Mumbai: The rupee depreciated 6 paise to settle at 83.39 against the US dollar on Thursday due to a strengthening greenback against major rivals overseas and rising crude oil prices in the…
