Business
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Zoom acquires conversational AI platform Solvvy
New Delhi: Video chat app Zoom is acquiring Solvvy, a conversational AI and automation platform for customer support, for an undisclosed sum, the company said on Friday. The company, which recently launched…
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Reliance Industries is top Indian company in Forbes Global 2000 list
New Delhi: On the Forbes Global 2000 list, Reliance climbed two spots to No. 53 among all public companies worldwide and ranked first among Indian companies. Earlier this year, Forbes estimated Mukesh…
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$33mn pledged to tackle oil tanker threat off Yemen coast: UN
Sanaa: International donors have pledged $33 million to prevent a major oil spill from a decaying tanker anchored off Yemen’s western coast, the UN said. The commitments were announced at a pledging…
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Rupee rebounds from all-time low; rises 19 paise to 77.31/USD
Mumbai: After closing at an all-time low against the US dollar on Thursday, the rupee recovered some lost ground to trade at 77.31 against the US dollar in morning trade on Friday…
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Companies committed to cut emissions represent $38 tn economy: Report
New Delhi: A record number of companies are committing to and setting science-based climate targets, according to a new research by the Science-Based Targets Initiative (SBTi), the global body enabling businesses to…
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Equity indices up in opening deals
New Delhi: Indian equity benchmark indices climbed in opening deals on Friday led by gains across all sectoral indices after a steep fall in the previous session and a consistent decline in…
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Investors shed Rs 5 lakh cr as Dalal Street witnesses bloodbath
New Delhi: Equity investors lost over Rs 5 lakh crore on Thursday as indices took a deep plunge due to the persisting high inflation in the US, below expected corporate earnings, amid…
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Opinion: The what and why of stock market crimes
By Prabhakar Kaza Fraud is never accidental. Much as most fraudsters have tried to convince the Press and the Judiciary, it is invariably pre-meditated. Above all, fraudsters know that it is their…
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Private investment in AI sector to exceed $135 bn in 2022
New Delhi: Total private investment in artificial intelligence (AI) more than doubled to reach $93.5 billion globally in 2021, a new report has shown. According to analysts, the AI sector’s value will…
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Terra Luna cryptocurrency collapses 98%, investors lose life savings
New Delhi: The dramatic crash of Terra (Luna), ranked among the top 10 most valuable cryptocurrencies, has wreaked havoc in the lives of investors who are feared they will become homeless after…
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Now Benling India’s electric 2-wheeler explodes as govt seeks answers
Hyderabad: There is no stopping EV fires in India and now, an electric two-wheeler belonging to Gurugram-based Benling India has exploded while being charged in Telangana. According to the local police, no…
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Global crypto market sheds $275 bn, Bitcoin down at 2020 level
New Delhi: The free fall in the global cryptocurrency market continued on Thursday as over $275 billion were wiped off from its global market cap within 24 hours and Bitcoin dropped to…
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Campbell Wilson appointed CEO and MD of Air India
Mumbai: Tata Sons on Thursday announced the appointment of Campbell Wilson as the Chief Executive Officer and Managing Director (MD) of Air India. Air India board approved the appointment of Wilson subject…
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Rupee falls 30 paise to 77.55 against US dollar in early trade
Mumbai: The rupee slumped 30 paise to 77.55 against the US dollar in opening trade on Thursday as a lacklustre trend in the domestic equity markets and a firm American currency weighed…
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Markets fall for 5th day; Sensex cracks 817 points in early trade
Mumbai: Benchmark indices continued their downtrend for the fifth session on the trot on Thursday, with the Sensex tumbling nearly 817 points in early trade, tracking weak global trends and selling in…
