Business
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Elon Musk’s X loses over half a billion user visits last month
New Delhi: X Corp (Formerly Twitter) lost over half a billion user visits last month, and the Elon Musk-run platform has now dropped to seventh place on the global ranking, behind Instagram.…
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FPIs continue selling spree in October
New Delhi: FPIs continued their selling spree in October with a sell figure of Rs 12146 crore through the 20 and the selling in the cash market was higher at Rs 16176…
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Adani Cement refinances $3.5 bn from 10 international banks
Mauritius: Adani Cement, through Endeavour Trade and Investment Ltd, has announced the successful completion of its refinancing program for acquisition debt taken for Ambuja and ACC, through a $3,500 million financing package,…
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Paytm narrows loss to Rs 292 crore in Jul-Sept quarter
New Delhi: Fintech company One97 Communications, which operates under the Paytm brand, on Friday reported a narrowing of consolidated loss to Rs 291.7 crore in the second quarter ended September 30, 2023.…
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Softbank sells 1.09 pc stake in Zomato worth Rs 1,040 crore
New Delhi: Japanese conglomerate Softbank on Friday divested a 1.09 per cent stake in online food delivery platform Zomato for Rs 1,040 crore through an open market transaction. Softbank through its affiliate…
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Toyota, Lexus adopt Tesla’s EV charging standard
San Francisco: Japanese automotive giant Toyota has reached an agreement with Elon Musk-run Tesla to adopt the North American Charging Standard (NACS) on its battery electric vehicles (BEVs) beginning in 2025. Several…
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E-com platforms log Rs 47K cr worth GMV in 1st week of India festive sales
Bengaluru: E-commerce platforms in India clocked a gross merchandise value (GMV) of Rs 47,000 crore in the first week of the festive sale season, growing at 19 per cent from the same…
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WhatsApp’s new feature lets you reply to status updates using ‘avatars’
New Delhi: Meta-owned WhatsApp is reportedly rolling out a new feature that will allow users to reply to status updates using avatars on iOS and Android. With this feature, the company aims…
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Interest rate to remain high for now, says RBI Governor Das
New Delhi: Reserve Bank Governor Shaktikanta Das on Friday said interest rate will remain high at the moment, and only time will tell for how long it remains at elevated level. In…
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Tata Motors picks up 26.79% stake in Freight Tiger
Mumbai: Tata Motors has acquired a 26.79 per cent stake in digital platform Freight Commerce Solutions Private Limited (‘Freight Tiger’) for Rs 150 crore, the company stated in filing with the stock…
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Microsoft opens pre-orders for new Laptop Go 3 in India
New Delhi: Microsoft on Thursday announced that pre-orders for new Laptop Go 3 device in India are now available via key retailers and select multi-brand stores. Consumers who pre-order the Surface Laptop…
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OnePlus commits the OnePlus Open is good for 1 million ‘opens’
New Delhi: The OnePlus Open’s folding mechanism has been rigorously tested and it can be opened 1 million times, an equivalent of 10 years of usage, Kinder Liu, COO of OnePlus, said…
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Air India Express unveils new brand identity, aircraft livery
Mumbai: Tata Group-owned Air India Express on Wednesday unveiled its new brand identity and aircraft livery that mainly features the colours of orange and turquoise. Air India Express is in the process…
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Govt extends curbs on sugar exports to keep prices in check
New Delhi: The government on Wednesday extended restrictions on sugar exports beyond October 31 this year to increase availability of the commodity in the local market and keep prices in check during…
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Israel in talks with SpaceX to roll out Starlink internet services: Minister
Jerusalem: The Israeli government is in discussions with Elon Musk’s SpaceX to roll out Starlink internet services for communities near the conflict zone. Israel Minister of Communications Shlomo Karhi said that an…
