Business
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Adani Energy Solutions’ Q4 net profit falls 13 pc to Rs 381 cr
New Delhi: Adani Energy Solutions Ltd (AESL) on Tuesday posted a 13.26 per cent fall in its consolidated net profit to Rs 381.29 crore during the quarter ended March 2024 on account…
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Flipkart-owned Cleartrip’s CFO steps down, Akshat Mishra takes over
New Delhi: Flipkart-owned online travel aggregator Cleartrip on Tuesday announced that Aditya Agarwal will step down as Chief Financial Officer (CFO) owing to personal reasons. Akshat Mishra will take over as the…
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Microsoft to invest $1.7 bn in cloud, AI infrastructure in Indonesia
New Delhi: Microsoft on Tuesday announced that it will invest $1.7 billion over the next four years in new cloud and artificial intelligence (AI) infrastructure in Indonesia. The company also announced AI…
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38 kid products sold on Chinese shopping apps have ‘cancer-causing’ substances
Seoul: High levels of chemicals known to cause cancer have been found in 38 products for kids available on the Chinese shopping apps of AliExpress and Temu for South Korean customers, the…
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Getting back to normal: Zerodha’s Nithin Kamath makes first public appearance after stroke
New Delhi: Zerodha Co-founder and CEO Nithin Kamath has made his first public appearance about two months after disclosing that he had suffered a mild stroke. In a post on X, the…
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FirstCry refiles papers for IPO to raise Rs 1,816 crore
New Delhi: Mother and child care e-commerce platform FirstCry has refiled its draft red herring prospectus (DRHP) for an initial public offer (IPO) with the Securities and Exchange Board of India (SEBI),…
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Auto stocks lead Sensex gain of 300 points
New Delhi: Auto stocks including M&M and Tata Motors led the 300-point gain in the Sensex on Tuesday. M&M was up more than 3 per cent while Tata Motors and Maruti Suzuki…
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Chinese lucky number behind decision to launch Tesla robotaxi on Aug 8: Musk
New Delhi: Elon Musk, who just visited China, said on Tuesday that he chose August 8 as the date to launch the robotaxi because 8/8 is a lucky number in that country.…
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PNB Housing Finance registers 57% surge in net profit at Rs 444cr for Jan-March quarter
New Delhi: PNB Housing Finance on Monday reported a 57 per cent rise in net profit to Rs 444 crore for the January-March quarter of 2023-24, on the back of a higher…
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Google lays off entire python team citing cost-cutting measures
In a recent development, tech giant Google has allegedly fired its entire Python team, a move that has sent shockwaves through the tech industry. The decision, attributed to cost-cutting measures, involves hiring…
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Oister Global launches Rs 440 cr fund to boost India’s consumption-driven sector
New Delhi: Oister Global, which invests in private equity (PE) and venture capital (VC) funds, on Monday announced a Rs 440 crore fund (including Rs 190 crore greenshoe option) to back both…
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OpenAI, UK’s Financial Times ink content licensing deal
London: The creator of the Artificial Intelligence (AI) chatbot ChatGPT OpenAI on Monday inked a partnership pact with UK-based Financial Times (FT) to licence its content and develop AI tools. Under this…
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PayU invests in BRISKPE to simplify global payments for Indian MSMEs
New Delhi: Digital financial services provider PayU, on Monday, announced an investment of $5 million in a seed round in cross-border payments platform BRISKPE to simplify global payments for Indian MSME merchants.…
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Sensex gains 500 points led by banks
New Delhi: BSE Sensex gained 500 points on Monday led by banking stocks. Sensex was trading at 74,248 points, up by 518 points. ICICI Bank and IndusInd Bank were up more than…
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Rupee declines 5 paise to 83.43 against US dollar in early trade
Mumbai: The rupee depreciated 5 paise to 83.43 against the US dollar in early trade on Monday amid a strong American currency overseas and withdrawal of foreign funds from domestic equity markets.…