Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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Google Pay India joins NPCI International to expand UPI payments globally
New Delhi: Google India Digital Services Out Ltd on Wednesday signed a memorandum of understanding (MoU) with the NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of…
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Edtech firm Adda247 posts 4X surge in losses in FY23, revenue up over 88%
New Delhi: Google-backed edtech platform Adda247 has posted a four times surge in its losses to Rs 110 crore in FY23 as compared to Rs 28 crore in FY22. Adda247’s revenue from…
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Centre to notify strict IT rules soon to tackle deepfake issue: Rajeev Chandrasekhar
New Delhi: As compliance with the advisory on deepfakes has been mixed from social media and online platforms, Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar has said that…
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Video gamers may suffer irreversible hearing loss and tinnitus: Study
London: Video gamers worldwide may be at risk of developing an irreversible hearing loss and/or tinnitus — persistent ringing/buzzing in the ears, according to a study. While headphones, earbuds, and music venues…
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Adani raises stake in IANS to take full control
New Delhi: Billionaire Gautam Adani’s group has raised its stake in IANS India Pvt Ltd to take full control of the news agency as it consolidates its media presence. Adani Group had…
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Sensex sinks more than 1,000 points
New Delhi: BSE Sensex plunged more than 1,000 points on Wednesday led by losses in HDFC Bank. Sensex is down 1,044 points at 72,084 points. HDFC Bank plunged 6 per cent after…
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Google to lay off ‘a few hundreds’ employees from ad sales team
San Francisco: After laying off nearly 1,000 employees last week, Google is reportedly slashing “a few hundred” more jobs in its advertising sales team as part of an ongoing restructuring exercise. Philipp…
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Google’s latest job cut eliminates over 1,000 workers: Report
San Francisco: Google has laid off more than 1,000 employees in the latest round of job cuts announced by the company, media reports said on Tuesday. The company laid off workers in…
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Spike in freight rates: India needs own shipping line, say exporters
New Delhi: Freight rates have skyrocketed by up to 600 per cent due to the Red Sea crisis which would hurt the world trade, say Indian exporters while suggesting the government should…
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India’s CEOs see inflation, cyber risks as top threats in next 12 months: Report
New Delhi: India’s CEOs have flagged inflation, cyber risks, and health concerns as the biggest threats to their businesses in the next 12 months, a new report revealed on Tuesday. According to…
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Wow! Momo raises Rs 410 cr in latest round led by Khazanah, OAKS
New Delhi: Quick service restaurant (QSR) chain, Wow! Momo, said on Tuesday that it has raised Rs 410 crore (around $49 million) in its Series D round led by Khazanah Nasional Berhad,…
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Samsung Galaxy S24 may feature Google-powered ‘Circle to Search’: Report
New Delhi: Several leaks have revealed some new features of Samsung’s upcoming Galaxy S24 smartphone, which is scheduled to be unveiled this week, and one such feature is the Google-powered ‘Circle to…
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OpenAI’s GPT Store flooded by AI girlfriend bots despite policy rules: Report
New Delhi: OpenAI’s GPT Store, which the company launched last week, is being flooded with AI (artificial intelligence) girlfriend bots despite usage policy rules. GPT Store is where users on its premium…
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Invest in Telangana campaign launched at WEF meet
Hyderabad: The Telangana government has launched the ‘Invest in Telangana’ campaign at the World Economic Forum (WEF) meeting at Davos, Switzerland. The 54th Annual Conference of the World Economic Forum began in…
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For 3rd consecutive year, India’s nominal GDP growth will be strongest in Asia
New Delhi: India’s nominal GDP growth will accelerate to 11.6 per cent this year versus 9.2 per cent in 2023, making it the third consecutive year that the country’s nominal GDP growth…
