Business
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UPI services affected as many banks face technical issues
Hyderabad: The UPI (Unified Payments Interface) services faced disruptions on Tuesday evening as several banks encountered internal technical issues, as confirmed by the National Payments Corporation of India (NPCI). Expressing regret for…
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Spotify reaches 236 mn premium subscribers, revenue up 16%
New Delhi: Swedish music streaming platform Spotify on Tuesday said it now has 236 million premium subscribers, a 4 per cent increase over the last quarter. Monthly active users grew 23 per…
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Apple opens applications for ‘Swift Student Challenge’ for 2024
New Delhi: Apple on Tuesday announced to open applications for its ‘Swift Student Challenge’ initiative for 2024, where it will recognise 50 distinguished winners for their outstanding submissions and invite them to…
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‘Russia’s Google’ pulls out of home country, sells biz for $5.2 bn
London: The Dutch owner of Yandex which is touted as “Russia’s Google” has announced to divest its Russia-based businesses for $5.2 billion. Yandex NV, the Dutch parent company of the Yandex group…
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India sees rise in hiring for AI roles, healthcare in January: Report
New Delhi: Hiring for AI-related roles along with sectors like healthcare, hospitality, and FMCG has witnessed significant growth in January in India, a new report revealed on Tuesday. According to the Naukri…
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Samsung’s unionised workers call for 5.4% wage hike
Seoul: Unionised workers representing 11 labour unions affiliated with Samsung Group on Tuesday called for an average 5.4 per cent wage increase for this year. The Samsung Group Labor Unions Solidarity unveiled…
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Kunal Shah’s CRED acquires wealth management platform Kuvera
New Delhi: Credit Card bill payment leader CRED on Tuesday announced the acquisition of the online wealth management platform Kuvera in an effort to take on the likes of Zerodha and Groww.…
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India smartphone market grows 19% in Q4 2023, 5G share up 65%
New Delhi: India smartphone market grew 19 per cent (year-on-year) in the holiday quarter (Q4) of 2023, as Xiaomi led the overall smartphone market followed by Samsung, a report showed on Tuesday.…
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Rupee turns flat at 83.03 against US dollar in early trade
Mumbai, Feb 6 (PTI) The rupee stayed flat at 83.03 against the US dollar in early trade on Tuesday amid volatile crude oil prices in the overseas market. The Indian currency, however, found…
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Paytm working with other banks to continue UPI services on app
New Delhi: UPI service on Paytm will continue to work as normal as the company is working with other banks to make changes in the back-end for continuity of its services, the…
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Deepfake video meeting with fake CFO costs company $25.6 mn
Hong Kong: A deepfake video conference call where a digitally recreated avatar of the chief financial officer (CFO) ordered money transfers has cost a multinational company $25.6 million in a first-such scam.…
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Facebook turns 20, Instagram tells Zuckerberg ‘love you dad’
New Delhi: Facebook has turned 20, after Mark Zuckerberg launched the site in 2004 which rapidly became the most loved social networking platform in the years to come. On Instagram, Zuckerberg shared…
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Neobanking startup Muvin winds up operations: Report
New Delhi: Neobanking startup Muvin has reportedly shut down its operations, as per a Reserve Bank of India (RBI)’s directive to stop using Unified Payments Interface (UPI) in a co-branding arrangement. A…
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Yogi govt tables its largest budget at Rs 7.36 lakh cr
Lucknow: The Yogi Adityanath government on Monday presented the budget for financial year 2024-25 in the Uttar Pradesh assembly with an outlay of Rs 7.36 lakh crore, higher from current fiscal’s budget…
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PSU stocks dominate sectoral gains
New Delhi: PSU stocks are among the top gainers in trade led by oil and gas and insurance stocks. The PSU index is up more than 3 percent on Monday. SJVN is…
