Business
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British chip giant to raise USD 10 billion in biggest stock market listing this year
London: British microchip designing giant Arm has filed to sell its shares in the US, setting the stage for what could be the biggest stock market listing this year. The Cambridge-based firm…
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Market setup points to further rally
It was the expiry week and surprisingly it was all smooth sailing. Markets gained on all the five days with Monday and Friday contributing the bulk of the gains. Friday was a…
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Foreign investors remain net buyers in Indian stocks for second month
New Delhi: Foreign portfolio investors (FPIs) have remained net buyers in Indian stock markets for the second straight month after having sold two months on a trot in January and February, latest…
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Top CEOs received 9% pay rise in 2022, employees took 3% pay cut
New Delhi: Leading CEOs globally, including India, received a real-term 9 per cent pay rise in 2022, while workers worldwide took a 3 per cent pay cut during the same period, a…
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Rising tide of interest in doing business with India
Hong Kong: When Tim Cook arrived in India earlier this month to open Apple’s first physical store in the country, he was welcomed like a hero, media reports said.Cook’s visit, the latest…
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Hyderabad: KTR lays foundation for WE ITTC at Patancheru
Hyderabad: The foundation stone for the Women Entrepreneurs International Trade and Technology Centre (WE ITTC) at Patencheru was laid by Telangana IT minister KT Rama Rao on Friday. Sanctioned to the Association…
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OpenAI restores access to ChatGPT in Italy after ban
San Francisco: OpenAI has restored access to the ChatGPT service in Italy, after the country banned the AI chatbot in response to an order from the local data protection authority over user…
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Instagram to let users add songs to photo carousels
New Delhi: Meta-owned Instagram is testing a new tool that will let users add songs to their photo carousels on the platform. According to Meta Founder and CEO Mark Zuckerberg, the tool…
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Most Indian consumers want new phone series not to be more than 5-10% costlier
New Delhi: Most Indian consumers want the new smartphone series models not to cost more than 5-10 per cent that the current version, a report has shown. Around 4 per cent of…
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India’s foreign exchange reserves fall to $584.24 billion
New Delhi: India’s foreign exchange reserves fell by $2.164 billion to $584.248 billion for the week ending April 21, according to data released by the Reserve Bank of India (RBI) on Friday.…
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AP lone state to slash taxes on several local products: Finance Minister
Rajamundry: Andhra Pradesh is the lone state in India that has managed to reduce taxes on several local products through the Goods and Service Tax Council, Finance Minister Buggana Rajendranath said on…
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Saudi Aramco overtakes Microsoft as world’s 2nd largest company by market value
Riyadh: Saudi oil giant Aramco has displaced American technology giant Microsoft to become the world’s second-largest company by market value at 7.92 trillion Saudi Riyals (2.11 trillion dollars) as the company’s stock prices…
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Reliance Jio begins 5G services at Char Dham temples
Dehradun: Reliance Jio on Thursday announced the beginning of its True 5G services at the Char Dham temples in Uttarakhand as the doors of Badrinath were opened for devotees. It will enable all…
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Razorpay launches payment reconciliation service for buyers, sellers on ONDC
New Delhi: Full-stack fintech platform Razorpay on Thursday joined the government’s Open Network for Digital Commerce (ONDC) ecosystem by launching a payment reconciliation service for network participants (NPs) like buyers, sellers, and…
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Airtel 5G Plus now available in 3,000 cities, towns
New Delhi: Bharti Airtel on Thursday announced that its ultra-fast 5G service is now available to customers in 3,000 cities and towns in the country. From Katra in Jammu to Kannur in…
