Business
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Reliance calls off Rs 24,371 crore Future Retail deal
Mumbai: Reliance Industries Limited (RIL) has called off the deal with Future Retail Ltd (FRL) after FRLs secured creditors voted against the scheme. In a filing with the stock exchanges, RIL said,…
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Android OS loses 8% market share in 5 years: Report
San Francisco: Tech giant Google’s Android has lost 8 per cent of its global OS market share in five years, however, still at least 70 per cent phones run on the Android…
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Top five billionaires: Adani becomes second Indian after Ambani to enter the list
New Delhi: Founder-cum-chairman of Adani Group Gautam Adani became the second Indian after the chairman of Reliance Industries Limited (RIL) Mukesh Ambani to enter the list of top five billionaires. With a…
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Statiq, EV maker Ather Energy join hands to enhance charging network
New Delhi: Electric vehicle (EV) charging network platform Statiq on Friday announced that it has recently partnered with leading electric scooter manufacturer Ather Energy to enhance the combined network in north India.…
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Markets close on a negative note
Mumbai: Indian stock markets closed on a negative note on Friday. The BSE’s 30-scrip Sensex closed at 57,197.15 points, down by 714.53 points or 1.23 per cent. It opened at 57,531.95 points…
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Adani acquires India’s largest marine services company
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into a definitive agreement for acquisition of 100 per cent stake in…
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Global chip shortage set to ease despite China lockdowns
New Delhi: The global chip shortage, that plagued several industries like automotive and consumer electronics, is set to ease during the second half of the year despite lockdowns in China as demand-supply…
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Modify ads resembling Britannia’s Good Day biscuits, Delhi HC to Parle
New Delhi: The Delhi High Court has asked Parle Biscuits to modify two of its advertisements by blurring the image of cookies resembling Britannia’s Good Day butter cookies, granting relief to the…
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Equity indices settle high for second straight day
New Delhi: Indian equity benchmark indices settled in the green for the second consecutive day on Thursday due to buying at lower levels post the recent five session losses in a row.…
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Kia enters into India’s EV market; to bring EV6 to India
New Delhi: Carmaker Kia India on Thursday entered India’s EV market with ‘EV6’. The ‘EV6’ is the first BEV (battery electric vehicle) from Kia and was unveiled globally in March 2021. The…
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Musk’s Boring Company raises $675 mn to scale Loop projects
San Francisco: Tech billionaire Elon Musk’s Boring Company has raised $675 million in the Series C round, bringing its valuation up to $5.7 billion. Boring Company is Musk’s project to build underground…
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Tesla robots will be worth more than car business: Musk
San Francisco: Tesla CEO Elon Musk has predicted that robots will soon be worth more than the car business and even the FSD (full-self-driving) programme. At Tesla’s Texas gigafactory opening earlier this…
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Apple iPhone 13 still selling better than past cycles: Report
San Francisco: Tech giant Apple’s iPhone 13 is still selling better than past cycles, though demand for the iPhone SE is weaker than expected, says a report. According to AppleInsider, a JP…
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Gautam Adani promises Rs 10K cr investment in West Bengal
Kolkata: Adani Group will invest an amount of around Rs 10,000 crore in West Bengal in the next few years, according to the group chairman and founder, Gautam Adani. He made this…
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Rupee darts up 20 paise to 76.30 against US dollar
Mumbai: Snapping its four-day losing streak, the rupee appreciated by 20 paise to settle at 76.30 against the US dollar on Wednesday, tracking a weak greenback overseas and recovery in domestic equities.…
