Business
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Sensex at all-time high as largecap stocks lead
Mumbai: Indian equity indices opened in green on Friday following buying in largecap stocks. Sensex and Nifty made a new all-time high of 79,671 and 24,174 respectively. At 10 a.m., Sensex was…
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Hyderabad among ‘hub for employment’ cities in India: Report
Hyderabad: Hyderabad, along with Delhi and Bangalore, has emerged as a thriving hub for employment opportunities, according to a report released on Thursday, June 27. The report indicates that India is poised…
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Tech MSMEs in India eager to harness AI’s full potential: Nasscom-Meta
New Delhi: In India, 94 per cent of tech micro, small and medium enterprises (MSMEs) acknowledge artificial intelligence’s (AI) ability to drive business growth while 87 per cent of them showed confidence…
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AI flagship killer realme GT 6 democratises big storage in smartphones
New Delhi: The evolution of mobile phones has been remarkable, transforming from bulky, brick-like devices with protruding antennas to today’s sleek, powerful smartphones. Ironically, those early models had far less storage capacity…
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SBI raises Rs 10,00 crore via infrastructure bonds
Mumbai: The country’s biggest lender State Bank of India (SBI) has raised Rs 10,000 crore through 15-year infrastructure bonds at a coupon rate of 7.36 per cent that is payable annually. The…
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SL finalises debt restructuring agreement with Official Creditor Committee
Colombo: Sri Lanka’s President Ranil Wickremesinghe on Wednesday announced that debt restructuring agreements were finalised with bilateral lenders, including India and China, in Paris, describing the development as a “significant milestone” that…
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Flipkart rolling out own payments app ‘Super.money’
New Delhi: E-commerce giant Flipkart has started rolling out its own payments app Super.money, in a fintech push, over a year and a half after separating from PhonePe. Now live in beta…
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UK’s Haleon to sell nicotine replacement therapy biz outside US to Dr Reddy’s
New Delhi: UK-based consumer healthcare company Haleon on Wednesday, June 26, that it has entered into an agreement to sell its nicotine replacement therapy (NRT) business outside of the US to Dr…
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RBI Chief sees India on path to steady 8 pc GDP growth
Mumbai: RBI Governor Shaktikanta Das sees India moving ahead towards an 8 percent GDP growth trajectory on a sustained basis, driven by structural economic reforms such as GST. “If you look at…
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Sensex hits new all-time high in early trade
Mumbai: Stock market benchmark indices climbed in early trade on Wednesday, with the Sensex hitting its fresh all-time high level, but soon equities faced volatile trends and were trading flat amid the…
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OpenAI’s ChatGPT now available for all Apple Mac users
New Delhi: Sam Altman-run AI company OpenAI on Wednesday announced that ChatGPT is now available for all Apple Mac users. ChatGPT on Mac computers was announced earlier this month during Apple’s flagship…
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Samsung to unveil new AI-enabled foldable smartphones next month
New Delhi: Samsung Electronics is expected to unveil new Galaxy series foldable smartphones with artificial intelligence (AI) features next month. The Samsung ‘Galaxy Unpacked 2024’ will take place in Paris on July…
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Foxconn rejects married women for iPhone jobs in India: Report
Foxconn, a major Apple supplier, has systematically stopped employing married women in India due to “post-marriage issues”. An investigative report by Reuters suggests Foxconn’s labour requirements specifically include ‘no married women’ citing…
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Gold rises Rs 70; silver plunges Rs 400
New Delhi: Gold prices rose Rs 70 to Rs 72,550 per 10 grams in the local market on Tuesday in line with firm global trends, according to HDFC Securities. The precious metal…
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Samsung builds AI chip infrastructure used in more efficient computing
Seoul: Samsung Electronics said on Tuesday it has completed building infrastructure to produce faster and more efficient chips for artificial intelligence (AI) computing. The infrastructure for so-called compute express link (CXL) technology…
