Business
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Apple contribution to ‘Make in India’ smartphone reaches 25% in value terms
New Delhi: ‘Make in India’ shipments from Apple grew 65 per cent (on-year) by volume and 162 per cent by value, taking the brand’s value share to 25 per cent in 2022,…
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Govt sanctions Rs 800 cr for installing 7,432 EV fast charging stations
New Delhi: The Ministry of Heavy Industries on Tuesday said Rs 800 crore under FAME India Scheme Phase II has been sanctioned to three PSU oil marketing companies (OMC) for setting up…
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Uber Eats to delist thousands of virtual brands from its app
San Francisco: Uber Eats has said that it will shut down thousands of online-only brands from its app this week as the platform is being flooded by restaurants listing the same food…
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Gujarat govt paid Rs 16,900 cr in two years to Adani, Tata firms to buy electricity
Gandhinagar: The Gujarat government has paid Rs 16,900 crore to Adani Power and Tata Power for purchasing electricity during the last two years, the state Assembly was informed on Monday. As per…
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Total amount of cess and surcharge grew by 63.74% from 2017-18 to 2022-23
New Delhi: The total amount of cess and surcharge grew by 63.74 percent from 2017-18 to 2022-23 (RE), the Parliament was told on Monday. Collections under GST Compensation Cess grew by 107.6…
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RBI may pause repo rate hike next month: SBI Report
New Delhi: The Reserve Bank of India (RBI) is likely to apply the pause button on continuous hikes in repo rates during next week’s meeting of its monetary policy committee (MPC), says…
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7th batch of Google startups accelerator India now open
New Delhi: Tech giant Google on Monday announced to invite applications for the seventh batch of its startup accelerator programme in India that aims to nurture startups looking to leverage the potential…
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Musk attacking us as he is stressed about AI safety: OpenAI CEO
San Francisco: OpenAI CEO Sam Altman has hit back at Twitter CEO Elon Musk for criticising his for-profit company which is now owned by Microsoft. During the ‘On With Kara Swisher’ podcast,…
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Musk will give Twitter workers stock awards based on $20 bn valuation
San Francisco: Elon Musk has finally broken his silence on giving stock awards to employees, saying that they will get stock awards based on a roughly $20 billion valuation. It is less…
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In 3 months, Twitter’s paid Blue service earns just $11 mn for Elon Musk
New Delhi: As Elon Musk wants all Twitter users to pay for Blue badges, latest data has revealed that Twitter Blue has only earned $11 million in mobile subscriptions to date since…
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Crypto exchange Binance temporarily suspends all spot trading
San Francisco: Leading blockchain and cryptocurrency platform Binance on Friday announced that it has temporarily suspended all spot trading on its platform as it works to resolve an issue. “We are aware…
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Will never share US user data with China, says TikTok CEO
Washington: TikTok CEO Shou Zi Chew, who testified before the US Congress for the first time, has said the short-video making platform will never share US user data with China. However, the…
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Hindenburg report wipes out $526 mn from Jack Dorsey’s worth
San Francisco: Former Twitter co-founder and CEO Jack Dorsey was left poorer by $526 million after short-seller Hindenburg Research revealed that his digital payment company Block facilitates fraud against consumers and the…
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Legacy Twitter Blue badges to be removed from April 1, pay Rs 9,400 a year in India
New Delhi: Elon Musk on Friday said that Twitter will remove all legacy Blue verified checkmarks for both individual users and organisations from April 1. Twitter Blue in India will cost Rs…
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Global IT services firm Accenture slashes 19K jobs, tech mayhem deepens
New Delhi: Global IT services firm Accenture, which has a large presence in India, on Thursday announced to lay off nearly 19,000 employees amid the challenging global macro-economic conditions and slow revenue…
