Business
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Reliance Capital bidders seek extension of time for submission of binding bids
Mumbai: Reliance Capital bidders have sought an extension of time for submission of binding bids. According to sources, Piramal Finance has sought extension by 12 weeks, while Advent has sought time till…
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Retail second most targeted industry by ransomware globally
New Delhi: Retail was the second-most targeted industry by ransomware last year of all sectors, after media, leisure and entertainment sectors, a report has shown. Globally, 77 per cent of retail organisations…
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Apple leads global TWS market, eyes more share with new AirPods Pro
New Delhi: An improved performance by its audio sub-brand Beats by Dre helped Apple to achieve 13.1 per cent overall shipment growth in the global TWS market in the second quarter (Q2)…
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Setback for NDTV as I-T Dept says no bar on warrant conversion
Chennai: In a major setback for the two promoters of satellite channel company — New Delhi Television Ltd (NDTV), the Income Tax Department has said its permission is not needed for issuance…
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Alphabet’s Verily raises $1 bn to tap growing healthcare sector
San Francisco: Verily, the life sciences business of Google’s parent company Alphabet, has raised $1 billion that will be used to expand its data-driven healthcare products tailored to individuals. Led by Alphabet,…
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Indian telcos to spend $19.5 bn on 5G infra by 2025: GSMA
New Delhi: The telecom carriers in India are expected to invest around $19.5 billion in the development of advanced infrastructure for 5G by 2025, according to a GSMA report. The report showed…
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Form your own companies for marketing, Gadkari advises farmers
Nagpur: Union minister Nitin Gadkari on Saturday asked farmers to form their own companies for marketing and exporting agricultural produce, and not be dependent on the government. The government can step in…
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India sees robust pre-order rush for Apple iPhones, 14 and 14 Pro most in demand
New Delhi: With the pre-order window now open for the new Apple iPhone 14 series, Indian Apple Authorised Resellers and third-party vendors have received robust demand and were inundated with record number…
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Saudi Arabia seeks to buy stake in Starbucks
Riyadh: The Kingdom of Saudi Arabia’s Public Investment Fund (PIF), which is chaired by Crown Prince Mohammed bin Salman, is seeking to acquire a stake in the franchise of the Starbucks chain…
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French brand Thomson brings QLED TVs to India
New Delhi: French consumer electronics brand Thomson has launched new QLED TV series with Google TV in India, ahead of the festive season, that starts from Rs 33,999. Thomson 50-inch QLED TV…
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China sees heavy early demand for iPhone 14 despite Covid measures
Hong Kong: Despite Covid-10 control measures in place in several cities, Chinese vendors are witnessing heavy demand for new Apple iPhone 14 series. According to South China Morning Post, one Apple vendor…
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Intel kicks off work on $20 bn semiconductor plant in US
San Francisco: Intel has kicked off work on the new $20 billion semiconductor plant in the Ohio state in US, as President Joe Biden joined the chip-maker and Ohio Governor Mike DeWine…
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Is 7.5% possible? Downside risks increasing for India’s GDP growth forecast
New Delhi: India’s double-digit annualised growth is impressive prima facie, but the actual print is around 2 per cent lower than market expectations and is also accompanied by weak sequential momentum, Acuite…
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Amazon acquires Cloostermans to bolster its robotics operations
San Francisco: Amazon on Friday announced to acquire Belgium-based Cloostermans, that designs and manufactures mechatronics solutions, for an undisclosed sum. With the acquisition of Cloostermans, Amazon said it will continue to invest…
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United Airlines to buy 200 air taxis from electric aviation startup
New York: United Airlines has announced a $15 million investment in electric aviation startup Eve Air Mobility and will purchase 200 electric aircrafts which can seat four passengers and take off and…
