Business
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Rupee recovers from record low, rises 14 paise against US dollar in early trade
Mumbai: Recovering from its record low, the rupee rose by 14 paise to 77.57 against the US dollar in early morning trade on Wednesday. At the interbank foreign exchange, the rupee opened…
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Sensex jumps 225 points in early trade; turns choppy later
Mumbai: The Sensex jumped 225 points in early trade on Wednesday, but later pared all the initial gains as volatility emerged amid mixed trends from Asian markets. The 30-share BSE benchmark Sensex…
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Ford India workers continue their protest inside, outside factory
Chennai: Around 2,000 workers of Ford India Private Ltd continued their protest from inside and outside the factory near here, demanding better final compensation as the company has decided to shut down…
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Indian EV makers to soon follow BIS standards for batteries amid fires
New Delhi: As fires and explosions in electric two-wheelers continue unabated, the government is all set to introduce EV battery standards (BIS standards) for EV two-wheelers that will be expanded to four-wheelers…
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Over 75% of Bitcoin miners’ earnings going into soaring electricity costs
New Delhi: Bitcoin miners are spending more than 75 per cent of their earnings in soaring electricity costs, resulting in a significant carbon footprint which is damaging to our environment, a new…
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Andhra Pradesh: Essar Ports Vizag terminal poised for strong FY23
Mumbai: Essar Vizag Terminal Limited (EVTL) operating India’s largest Ore Handling Complex in Visakhapatnam Port has recorded 1.3 MMT of cargo handling for April 2022, i.e., a run rate in excess of…
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StrideOne raises Rs 250 cr to help startups meet financing needs
New Delhi: Financial services platform for startups StrideOne on Tuesday said it has raised Rs 250 crore via a mix of equity (led by Elevar Equity) and debt from banks. StrideOne, founded…
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iPhone maker Foxconn foresees recovery amid global uncertainties
Taipei: Leading iPhone manufacturer Foxconn on Tuesday said that despite the global macro-economic factors affecting businesses worldwide, it will have a better than expected full-year performance as supply chain improves in China…
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Sensex falls 407 points in early trade; Nifty tests 16,500 level
Mumbai: Benchmark indices declined on Tuesday after a three-day rally, with the Sensex falling 407 points in early trade, mainly dragged down by selling in index majors Infosys, TCS and HDFC. The…
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Rupee slips 13 paise to 77.67 against US dollar in early trade
Mumbai: The rupee slipped 13 paise to 77.67 against the US dollar in early trade on Tuesday, weighed down by the surge in crude oil prices. At the interbank foreign exchange, the rupee…
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Petrol pump dealers across 24 states to go for ‘No Purchase’ on Tuesday
New Delhi: Petrol pump dealers across 24 states have decided not to purchase diesel and petrol from oil companies on Tuesday to mark their protest against dealers’ commission which has not been…
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China leading the world in EVs, renewable energy: Musk
New Delhi: Elon Musk on Monday said that whatever the world thinks of China, the country is leading the race in electric vehicles (EVs) and renewable energy. Tesla has one of its…
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Tata Motors to acquire Sanand plant, signs MoU with Ford, Gujarat govt
New Delhi: Automobile maker Tata Motors’ subsidiary Tata Passenger Electric Mobility on Monday signed a tripartite Memorandum of Understanding (MoU) with Ford India and the government of Gujarat for takeover of Ford’s…
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Momentum with markets — Expect further up move
Markets continued their choppy and volatile manner during the week gone by. The end result was quite straight forward with the first three days of trading resulting in losses and the remaining…
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Projects involving over Rs 19,100 crore of JICA assistance being implemented in NE: Official
Guwahati: Various projects involving over Rs 19,100 crore of assistance by the Japan International Cooperation Agency (JICA) are being implemented in the North-East region of India, a top official said on Sunday.…
