Business
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BPCL shares sink over 3% amid rising global crude oil prices
New Delhi: Shares of BPCL have fallen over 3 percent on Tuesday and around 8-10 percent since the start of the calendar year 2022. Much of the decline was evidently because of…
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Start-up firms growing in India with 10pc being added every year: Official
Kolkata: The number of start-ups in the country is increasing significantly with 10 per cent being added every year, an official said on Tuesday. Nasscom Centre of Excellence for internet of things…
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Hero MotoCorp creates Chief Growth Officer’s position
New Delhi: Two-wheeler major Hero MotoCorp has created a new management position of Chief Growth Officer to leverage emerging post-Covid opportunities. The two-wheeler major appointed Ranjivjit Singh, who was heading Marketing, to…
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Indian stocks plunge on geo-politics, realty shares down
Mumbai: Heightened tensions between Russia and Ukraine, as well as persistent selling by FIIs lead to India’s key indices — S&P BSE Sensex and NSE Nifty50 — plunging on Tuesday. Besides, high…
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Edtech startup Lido Learning shuts shop, employees cry on social media
New Delhi: In a nightmare for more than 150 employees, homegrown edtech startup Lido Learning which is backed by top entrepreneur Ronnie Screwvala, has apparently shut operations, forcing its workforce to seek…
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Sensex crashes as Russia-Ukraine crisis worsens
Mumbai: The BSE benchmark Sensex tanked over 1,000 points and the NSE Nifty cracked below the key 17,000-level in opening deals on Tuesday, mirroring a rout in the global equity markets. The…
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Fund outflows dent indices; power stocks down
Mumbai: Persistent selling pressure from FIIs as well as profit bookings subdued India’s key indices — S&P BSE Sensex and NSE Nifty50 — on Monday. This was the fourth consecutive session of…
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Ex-Twitter India head’s startup to create metaverse of education
New Delhi: Invact Metaversity, founded by former Twitter India head Manish Maheshwari, on Monday announced it has received $5 million in funding led by Antler India. Maheshwari said the startup will use…
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NSE fraud: CBI grills Ravi Narain, the CEO before Chitra
Mumbai: The Central Bureau of Investigation (CBI) on Saturday grilled former NSE director Ravi Narain who served as the CEO of NSE before Chitra Ramakrishna in connection with the probe into certain…
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Specialty chemical maker Vikas EcoTech’s shares up over 200% in 1 yr
New Delhi: Vikas EcoTech shares gained over 200 percent over the past one-year period evidently due to the announcement of production-linked incentives to reduce import dependency for various products. Founded in 1984,…
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Global artificial intelligence spending to reach $434 bn in 2022
New Delhi: The global revenues for the artificial intelligence (AI) market, including software, hardware, and services, is forecast to grow 19.6 per cent (on-year) in 2022 to $432.8 billion, according to a…
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Tesla to accept Dogecoin as payment at Supercharging station
San Francisco: Tesla CEO Elon Musk has announced that the company’s supercharging station will accept cryptocurrency Dogecoin as payment. Santa Monica Supercharger will officially accept Dogecoin as payment, making it the first…
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Semicon India Programme receives proposals worth $20.5bn
New Delhi: The Centre has received 5 proposals for ‘Semiconductor’ and ‘Display Fabs’ manufacturing worth $20.5 billion. Accordingly, the proposals were received during the first round of application submission for the Centre’s…
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Automakers have no choice but to become tech or software firms
New Delhi: As digital technology becomes the differentiator in the car, automakers will soon have no choice but to become tech or software companies themselves, a new report has forecast. The automotive…
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India’s industrial activity expected to gather pace: Crisil Research
New Delhi: India’s industrial activity is expected to gather pace in the coming months owing to a gradual pick-up in consumption as well as investment demand. Notably, the latest Index of Industrial…
