Business
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JioMart on WhatsApp a big opportunity for us: Zuckerberg
New Delhi: As Meta doubles down on its monetisation drive across its family of apps, its Founder and CEO Mark Zuckerberg has said that JioMart on WhatsApp in India is going to…
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Musk says won’t fire 75% of Twitter staff as he finalises deal
San Francisco: Tesla CEO Elon Musk has told Twitter employees that he is not going to lay off 75 per cent of the workforce when he takes over the micro-blogging platform. Reports…
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LG Energy swings to profit on strong EV battery demand
Seoul: LG Energy Solution Ltd (LGES) said on Wednesday it shifted to the black in the third quarter from a year earlier on the back of robust demand in electric vehicle (EV)…
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Finance Minister says India’s growth resilient despite exogenous threats
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said that despite exogenous threats, India’s well-targeted policy mix, accompanied by major structural reforms and sound external balance sheet, have aided its growth to…
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Ethereum’s dominance in crypto market up 20% after the ‘Merge’
New Delhi: The dominance of Ethereum, the second largest cryptocurrency after Bitcoin, is up 20 per cent in the global crypto market following the ‘Merge’, a report shpowed on Wednesday. The historic…
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Walmart reportedly raising up to $3 bn for Flipkart to expand India biz
New Delhi: Retail giant Walmart is reportedly raising up to $3 billion for its e-commerce giant Flipkart to further expand its operations in the country. With new funds, Flipkart’s valuation is set…
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Govt receives dividends worth Rs 361 cr from PSUs
New Delhi: The government has received Rs 129 crore, Rs 76 crore and Rs 33 crore from SJVN, Antariksh Corporation of India and Manganese Ore (India) Ltd, respectively, as dividend tranches. Secretary…
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Microsoft’s net profits down 14% as PC sales decline
San Francisco: Microsoft has reported 14 per cent decrease in its net profit for its first quarter of 2023 (July-September period) while revenues went up 11 per cent amid global decline in…
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Alphabet’s net profit sinks 27% to $13.9 bn, revenue up 6%
San Francisco: Alphabet, Google’s parent company, has reported a net profit of $13.9 billion in the third quarter (Q3), down 27 per cent from a year earlier, while revenue increased 6 per…
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Aadhaar usage records growth, 25.25 crore e-KYC transactions in Sep
New Delhi: Aadhaar adoption and usage continued to record growth as during the month of September, 25.25 crore e-KYC transactions were executed through Aadhaar — almost 7.7 per cent jump in such…
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Rupee rises 7 paise to close at 82.81 against US dollar
Mumbai: The rupee appreciated by 7 paise to close at 82.81 against the US dollar on Tuesday, as easing crude oil prices buoyed investor sentiments. At the interbank foreign exchange market, the…
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Bankers to strike on Nov 19 to protest victimisation
Chennai: Banking services across the nation will get affected on November 19, with members of the All India Bank Employees’ Association (AIBEA) going on strike, said an official. The members will strike…