Business
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Will introduce electric cars soon towards Viksit Bharat goal: Maruti Suzuki India
New Delhi: Maruti Suzuki India on Sunday said as India develops faster and aspires to become “Viksit Bharat” by 2047, the company will introduce electric cars in the next few months towards…
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Global robotics workforce to grow over 10 pc by 2032: Report
New Delhi: Employment in the STEM (science, technology, engineering and maths) robotics industry is expected to grow 10.8 per cent by 2032, according to a report on Monday. The report by fintech…
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Three advanced IT hardware factories to boost local manufacturing in India
Bengaluru: In a fillip to the ‘Make in India’ initiative, contract manufacturing company Zetwerk on Monday made it official to partner with Bengaluru-based electronics manufacturing services firm, Smile Electronics, to launch three…
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Sensex, Nifty crash in-line with selling pressure in global markets
Mumbai: Equity market benchmark indices Sensex and Nifty tumbled in early trade on Monday in-line with extremely weak trends in global markets amid fears of a slowdown in the US economy and…
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Markets to correct, throwing up select buying opportunities
New Delhi: Things were rolling along fine for the markets until the FED meeting. Thursday, saw US markets fall as thoughts of an impending recession hit the markets overseas. Our markets too…
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Indian startups raised over USD 1 billion funding in July: Report
New Delhi: Indian startups successfully raised $1.03 billion in July as the government abolished angel tax in the Union Budget 2024-25 which was levied on foreign investors, according to a report on…
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India’s seafood exports have surged by 31 pc to Rs 61,044 crore: Minister
New Delhi: As a result of various efforts made by the government, India’s seafood exports have increased from Rs 46,662.85 crore in 2019-20 to Rs 61,043.68 crore in 2023-24, registering a growth…
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Sensex, Nifty tumble in early trade on weak global cues
Mumbai: Benchmark equity indices Sensex and Nifty tumbled in early trade on Friday as investors rushed to book profits after record-breaking rallies in the past few sessions as well as tracking cues…
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Apple sets another quarterly revenue record in India: Tim Cook
New Delhi: Apple has once again set quarterly revenue record (April-June period) in India, riding on robust local manufacturing amid the government’s push and growing export figures. Apple CEO Tim Cook said…
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Adani Ports clocks record net profit at Rs 3,107 crore in Q1, revenue up 21 pc
Ahmedabad: Adani Ports and Special Economic Zone (APSEZ) on Thursday posted the highest-ever net profit at Rs 3,107 crore (up 47 per cent year-on-year) along with record EBITDA at Rs 4,848 crore…
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Delta CEO reveals IT outage costs USD 500 million
San Francisco: Delta Air Lines CEO Ed Bastian said the massive IT outage, earlier this month, cost the company $500 million. He said the figure included not just lost revenue but “the…
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Digital initiatives likely to triple India’s retail lending by 2030: Report
Mumbai: Digitalisation has driven financial inclusion in India and government initiatives in this sector are estimated to triple retail borrowing to about $2.5 trillion, or about 34 per cent of the GDP,…
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AI-powered antibiotic breakthrough offers hope for drug development
New Delhi: In a major advancement for tackling antibiotic resistance, researchers at The University of Texas at Austin have developed a promising new antibiotic using artificial intelligence. The research, published in Nature…
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Stock market closes near all-time high; Nifty at 24,951
Mumbai: Indian equity indices closed near an all-time high on Wednesday following positive action in the broader market. At closing, the Sensex was at 81,741, up 285 points or 0.35 per cent,…
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Samsung’s operating profit surges 15 times to $7.54 billion in Q2
Seoul: Samsung Electronics said on Wednesday its second quarter (Q2) operating profit surged more than 15 times from a year earlier on the robust performance of its semiconductor business. The world’s largest…
