Business
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US Consulate in Hyderabad moves to own facility built at cost of $340 million
Hyderabad: The US Consulate General in Hyderabad on Monday opened operations at its new facility at Nanakramguda. Fifteen years after commencing the operations from historic Paigah Palace in Begumpet, the Consulate has…
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1st-gen iPhone sold for Rs 45 lakh at auction
San Francisco: A first-generation seal-packed iPhone was sold for $54,904 (around Rs 45 lakh) at auction. The device originally cost $599 when it was first introduced in 2007, so this is a…
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Microsoft may add Crypto Wallet feature to Edge
San Francisco, March 19 (IANS) Microsoft is reportedly working on integrating a Crypto Wallet feature into its Edge browser, which will allow users to store, send, and receive crypto funds, as well…
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Lives at risk as delivery agents race against time to avoid penalties
Noida: Two delivery agents were killed in separate accidents while they were on duty on Holi. Both the deceased were hit by cars as they raced against the clock to avoid penalties…
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As delivery staff stress levels reach worrying highs, food delivery apps start acting
New Delhi: Ajay (name changed), working as a delivery boy of a popular online-delivery platform, was rushing to deliver his order, but got stuck in peak-hour traffic and thus was late to…
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Wipro lays off 120 employees in US due to ‘realignment of business needs’
San Francisco: IT major Wipro has laid off at least 120 employees in the state of Florida, the US, due to a “realignment of business needs”. The company detailed the layoffs in…
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India’s foreign exchange reserves decline
Mumbai: India’s foreign exchange reserves declined by about USD 2.4 billion to USD 560.003 billion in the week ending on March 10, according to the Reserve Bank of India’s latest data. During…
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Govt to boost electronics manufacturing to Rs 24 lakh cr, create 10 lakh jobs
Bengaluru: The Narendra Modi government’s target is to increase electronics manufacturing capability to Rs 24 lakh crore by 2025-26, which will also help create over 10 lakh jobs, Union Minister of State…
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OpenAI’s ChatGPT Plus subscription now available in India
New Delhi: Microsoft-owned OpenAI on Friday announced that ChatGPT Plus, the subscription service to access its text-generating AI, is now available in India. “Great news! ChatGPT Plus subscriptions are now available in…
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India’s smart home security camera market grows 44 pc
New Delhi: India’s smart home security camera market shipments experienced 44 per cent (on-year) growth in 2022, a report has said. Xiaomi led the market in 2022 with a 33 per cent…
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Pornhub owner MindGeek acquired by Canadian private equity firm
Toronto: Canadian private equity firm Ethical Capital Partners (ECP) has acquired MindGeek, owner of adult entertainment platforms like Pornhub, Brazzers and Redtube. With the support of ECP, MindGeek said it will further…
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Lamborghini to deploy hybrid tech across model range in India by 2024-end
New Delhi: Italian automaker Automobili Lamborghini plans to deploy hybrid technology in its models in India by the end of 2024 as the Italian super sports car maker aims to halve the…
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Abu Dhabi Investment Authority invests $500M in India’s Lenskart
New Delhi: Omnichannel eyewear unicorn Lenskart has signed a definitive agreement with Abu Dhabi Investment Authority (ADIA) to raise $500 million from the authority. The investment is an extension to last year’s…
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Sony to launch ‘PS5 Pro’ gaming console in 2024: Report
San Francisco: Sony will launch its PlayStation 5 Pro (PS5 Pro) gaming console late next year, the media reported. The new console will be the upgraded version of the current PlayStation 5…
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Retail tech platform Dukaan lays off 30% of its workforce
New Delhi: SaaS platform for online stores Dukaan has laid off nearly 30 per cent of its workforce, or around 60 employees — its second layoff in about six months. Inc42 reported…
