Business
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7 in 10 Indian B2B sellers using AI to surpass their targets: Report
New Delhi: More than seven in 10 (73 per cent) of business-to-business (B2B) sellers in India who exceed their targets are using artificial intelligence (AI), a new report said on Wednesday. The…
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India’s data centre capacity to double in 3 years: Report
New Delhi: India’s data centre capacity is likely to double in three years, from nearly 0.9 gigawatts (GW) in 2023 to 2 GW in 2026, a report said on Wednesday. This additional…
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Sensex gains more than 500 points amid bullish undertone
New Delhi: Market is likely to continue in the consolidation mode for a couple of days more and then take a new directional trend starting April, says V K Vijayakumar, Chief Investment…
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Rupee trades in narrow range against US dollar in early trade
Mumbai: The rupee was trading in a narrow range against the US dollar in early trade on Wednesday, as the support from positive domestic equities was negated by strong American currency. Forex…
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Sensex, Nifty rebound in early trade led by Reliance Industries
Mumbai: Benchmark equity indices Sensex and Nifty rebounded in early trade on Wednesday supported by buying in index majors Reliance Industries and Maruti. The 30-share BSE Sensex climbed 270.18 points to 72,740.48…
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Consumer commission imposes Rs 35,000 fine on Amazon, retailer
New Delhi: Observing that Amazon does not have an appropriate grievance redressal mechanism and has “one-sided oppressive” sale terms, a consumer commission here has imposed a fine of Rs 35,000 on the…
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RFL PMLA case: ED attaches Rs 124-cr worth assets
New Delhi: The Enforcement Directorate on Tuesday said it has attached assets worth more than Rs 124 crore belonging to various companies as part of a money laundering investigation against Religare Finvest…
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Sensex, Nifty drop on foreign fund outflows, weak US markets
Mumbai: Benchmark equity indices Sensex and Nifty declined on Tuesday due to losses in index major Reliance Industries and HDFC Bank amid sustained foreign fund outflows and mixed global trends. The 30-share BSE…
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Indian tech startups receive $1.6 bn in funding in Q1 2024; retail, fintech lead
New Delhi: The Indian tech startup ecosystem received $1.6 billion in total funding in the first quarter this year (till March 15), becoming the fourth-highest nation globally in terms of funding raised…
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63 pc of Indian enterprises believe Gen AI is important for sustainability efforts: Study
Bengaluru: About 63 per cent of Indian enterprises believe that generative AI will be important for their efforts towards sustainability, according to a new study on Tuesday. The global study conducted by…
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We’re leading energy transition for generations to come: Gautam Adani
New Delhi: It is our duty to take care of our planet – not only for this generation and the next but also for generations to come – and Adani Green Energy…
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Market likely to consolidate amid lack of triggers
New Delhi: BSE Sensex is down more than 200 points in Tuesday morning trade amid consolidation moves. Sensex is trading at 72,558.11 points, down 273.83 points. Powergrid, Tech Mahindra, Maruti are down…
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Adani Ports acquires Gopalpur Port in Odisha for Rs 3,080 crore
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it has acquired 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL)…
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Rupee recovers from all-time low level; rises 29 paise to 83.32/USD
Mumbai: The rupee recovered from its all-time low level and appreciated 29 paise to 83.32 against the US dollar in early trade on Tuesday. At the interbank foreign exchange, the domestic currency…
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S. Korea’s antitrust regulator to launch e-commerce market study
Seoul: South Korea’s antitrust regulator, on Monday, said that it will launch a study into the e-commerce sector to analyse the market structure and check competition issues as part of efforts to…