Business
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Hyderabad: ASPIRE invites applicants for start-up launcher program
Hyderabad: The ASPIRE at the University of Hyderabad (UoH) and Entrepreneur Zone–TEZ, a start-up kick starter have invited applications for the start-up launcher programme. According to a press release, the three months…
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Indian startups raised $1.2 bn in Jan, PhonePe & KreditBee lead
New Delhi: Indian startups raised about $1.2 billion in January amid rough macroeconomic conditions and funding winter. According to data by Fintrackr, an arm of startup news portal Entrackr, growth-stage startups witnessed…
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India’s economy already 10% more energy efficient than G20 average: IEA
New Delhi: India’s economy is already 10 per cent more energy efficient than both the global and G20 average. India took less time to go from half to full electricity access than…
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WhatsApp rolls out ability to create avatars on iOS
New Delhi: Meta-owned messaging platform WhatsApp, in its latest update to iOS, has rolled out the ability to create personalized avatars and use them as stickers and profile pictures. Some users may…
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Technology sector cuts most jobs in January in US: Report
San Francisco: Led by the technology sector, US-based employers announced 102,943 cuts in January, a massive 136 percent increase from the 43,651 cuts announced in December, a new report has said. It…
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Axis Bank clarifies it remains comfortable with exposure to Adani Group
Mumbai: Axis Bank on Saturday clarified that the lender remains comfortable with its exposure to the Adani Group.In a statement shared with exchanges, the lender wrote, “We extend credit, basis comfort on…
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Elon Musk cleared of fraud charges in ‘Tesla funding secured’ case
San Francisco: A court in the US has cleared Elon Musk in a class-action securities fraud over his tweets about taking Tesla private. The jurors deliberated for about two hours before reaching…
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YouTube Music contract employees on strike over unfair labour practices
San Francisco: Dozens of third-party employees at YouTube Music, hired by Alphabet sub-contractor tech company Cognizant, have gone on strike over alleged unfair labour practices. According to a report in The Verge,…
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Meta’s new headset to feature better MR tech: Zuckerberg
San Francisco: Meta Founder and CEO Mark Zuckerberg said that the new next-generation consumer headset which will be launched “later this year” will feature better mixed reality (MR) technology. “The Meta Reality…
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Centre asks Vodafone Idea to convert Rs 16,000 dues into equity
Delhi: Financially-stressed telecom company Vodafone Idea said on Friday that the government has directed it to convert a portion of its dues worth Rs 16,000 crore it owes to the exchequer into…
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Sitharaman briefs BJP MPs about key features of Union Budget
New Delhi: Finance Minister Nirmala Sitharaman on Friday briefed BJP MPs about key features of the Union Budget for 2023-24 and said it is an inclusive budget with benefits for the middle…
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Rupee gains 12 paise against US dollar on rally in equities
New Delhi: The rupee appreciated 12 paise to close at 82.08 against the US currency on Friday, supported by a rebound in domestic equities and easing crude oil prices. However, corporate dollar…
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SBI’s total exposure to Adani Group at Rs 27,000 cr; none against shares
Mumbai: SBI’s total exposure to the embattled Adani Group is 0.88 percent of the book or about Rs 27,000 crore, and the country’s largest lender does not envisage any setback on its…
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Apple now has more than 935 mn paid subscriptions
New Delhi: Apple has surpassed more than 935 million paid subscriptions, after setting an all-time revenue record of $20.8 billion in services. Apple CEO Tim Cook said that the company achieved double-digit…
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Coal production rises 13% to 90 mn tonnes in Jan 2023
New Delhi: Domestic coal production rose 13 percent to 89.96 million tonnes during January 2023 against 79.65 million tonnes in the corresponding period of last year. According to official data, during January…
