Business
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Sacked Amazon employees in India break down, ‘crying in office’
New Delhi: As Amazon announced to lay off 18,000 employees globally including nearly 1,000 in India, reports have surfaced that some of the impacted employees broke down and were left “crying in…
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HDFC Bank Q3 net at Rs 12,259 crore
Chennai: The HDFC Bank closed the third quarter of FY23 with a net profit of about Rs 12,259 crore, the bank said in a regulatory filing. According to the HDFC Bank, it…
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Microsoft Edge gets text prediction feature in latest update
San Francisco: Microsoft has rolled out a new update to its Edge browser, which brings a small handful of updates and new features, including text prediction. The update is available for the…
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US could default on its debt as soon as June
Washington: The US Treasury Department said the country could default on its debt as soon as June. The US will reach the debt limit on January 19 on January 19 and then…
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YouTube tests hub of free, ad-supported channels
San Francisco: Video-sharing platform YouTube is testing a new hub of free, ad-supported streaming channels that will show content from certain media companies, the media reported. The video platform is in discussions…
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Vodafone plans hundreds of job cuts, biggest in 5 years: Report
New Delhi: Telecommunication player Vodafone is reportedly planning to slash hundreds of jobs, mostly at its London-based headquarters, to cut costs in the global economic slowdown. The Financial Times reported that this…
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Tesla cuts EV prices in US, Europe amid poor sales, stalled growth
San Francisco: Elon Musk-owned Tesla has drastically lowered prices of EVs across its lineup in the US and Europe, in an effort to boost sales as its stock plummeted more than 60…
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Crypto.com to reduce 20% of workforce amid ongoing economic headwinds
New Delhi: Crypto lending exchange Crypto.com on Friday announced that the company will reduce its global workforce by approximately 20 per cent amid ongoing economic headwinds and unforeseeable industry events. This is…
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Wipro posts Rs 30.5 billion as Q3 net profit
Chennai: Technology services and consulting company Wipro Ltd closed the third quarter of FY24 with a net profit of Rs 30.5 billion. The company board at their meeting on Friday declared an…
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Infosys posts Rs 6,586 crore net for Q3
Chennai: Software major Infosys Ltd closed its third quarter with a higher net profit of Rs.6,586 crore. In a regulatory filing, it said it had closed quarter ended December 31, 2022 with…
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UAE names oil chief to lead UN’s COP28 climate talks
Abu Dhabi: The United Arab Emirates (UAE) on Thursday announced the leadership team for the COP28 UN Climate Summit in Dubai later this year with the CEO of the state-owned Abu Dhabi…
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Your mobile calls may turn pricey in 2023
Chennai: Mobile phone users are likely to shell out more for their calls with the service providers likely to increase their rates for 4G services, said BNP Paribas Securities in a sectoral…
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Twitter working on in-app currency to help creators earn
San Francisco: Twitter is reportedly working to launch its in-app currency ‘Coins’, which will help creators to make money on the micro-blogging platform. This new feature was spotted by app researchers Jane…
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Apple introduces new tool for businesses
San Francisco: Apple has introduced a new free tool named ‘Apple Business Connect’ which will allow businesses of all sizes to customise the way their information appears across Apple applications like Maps,…
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Paytm will be key beneficiary of India’s UPI incentive scheme: Morgan Stanley
New Delhi: India’s leading digital payments and financial services company Paytm will be a key beneficiary of India’s Unified Payments Interface (UPI) incentive scheme, brokerage firm Morgan Stanley said on Thursday. The…
