Business
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Only 2 Indian startups turned unicorns in Q3 amid funding winter
New Delhi: Only two startups in India, Shiprocket and OneCard, attained the unicorn status (valuation $1 billion and above) in the July-September period, mirroring a global trend in decline in the number…
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This is how OYO became profitable at operating level in Q1FY23, reveals Jefferies
New Delhi: As hospitality major OYO firms up plans for its initial public offering (IPO), financial services company Jefferies says that while the company saw one of the strongest first quarters in…
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Netflix signs up with BARB to reveal streaming viewership numbers
New Delhi: Netflix has collaborated with the UK TV rating agency BARB to reveal how many people are watching its streaming shows and movies. From the second week of November, BARB will…
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Toyota admits 300,000 customers’ data was leaked for 5 years
Tokyo: Automaker Toyota has revealed that personal information of nearly 300,000 customers may have been exposed since July 2017. In a statement, the car maker said that e-mail addresses and customer management…
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Dragonfly Energy completes SPAC listing to boost solid state battery biz
San Francisco: Battery technology company Dragonfly Energy has completed a listing through a merger with a special purpose acquisition company (SPAC). Dragonfly Energy, an industry leader in energy storage and producer of…
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RBI to tell govt why it failed to check inflation since Jan
New Delhi: With inflation staying above the upper tolerance limit for nine straight months, the Reserve Bank will now have to submit a report to the central government detailing reasons for the…
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India’s debt ratio projected to be 84 per cent of its GDP: IMF
Washington: India’s debt ratio is projected to be 84 per cent of its GDP by the end of 2022, which is higher than many emerging economies, but its debt is a little…
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Gold falls Rs 20; silver declines Rs 473
New Delhi: Gold prices in the national capital fell by Rs 20 to Rs 51,155 per 10 grams on Wednesday, according to HDFC Securities. In the previous trade, the precious metal had…
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Retail inflation rises to 7.41 pc in September on costlier food items
New Delhi: Retail inflation spiked to 7.41 per cent in September, mainly due to costlier food items. For the ninth month in a row, retail inflation has remained above the Reserve Bank…
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SBI, HDFC offer home loans at 8.40% as part of festive sales
Mumbai: Despite rising interest rates, leading home loan players SBI and HDFC have announced discounted interest rates beginning at 8.40 percent as part of their festive offerings. SBI in a statement said…
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BYJU’s consolidates India business, 5% workforce to be ‘rationalised’ across teams
New Delhi: Edtech major BYJU’S on Wednesday announced several measures to bolster its India business, saying that its K-10 business, which includes Toppr, Meritnation, TutorVista, Scholar, and HashLearn platforms, will now be…
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Hyundai Motor to update vehicle software on the go, to launch 2 EV platforms in 2025
Chennai: South Korea’s Hyundai Motor Group on Wednesday said it would transform all its models to software-defined vehicles by 2025. The group will also introduce vehicles in 2025 based on its two…
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Microsoft, Meta partner to deliver immersive experiences in VR
New Delhi: Microsoft and Meta have partnered to deliver immersive experiences in VR. This collaboration will bring Teams and Microsoft’s other productive tools to VR headset, and Meta gets a partner in…
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Several Facebook users, including Zuckerberg, loose many followers
San Francisco: A number of Meta-owned Facebook users, including the company’s CEO Mark Zuckerberg, have lost most of their following for unknown reasons, media reports said. Zuckerberg’s follower count is below 10,000…
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Zoho One platform sees 64% growth in India in 2 years
Chennai: Zoho Corporation on Wednesday said that its integrated platform Zoho One now supports 50,000 organisations across more than 160 countries and in India, Zoho One has seen 64 per cent growth…
