Business
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Sitharaman holds pre-budget consultations with BJP leaders
New Delhi: Union Finance Minister Nirmala Sitharaman on Sunday held pre-budget consultations with BJP leaders in which representatives from 25 states participated virtually and gave their suggestions on the budget. The meeting…
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HDFC Bank standalone net profit rises 18 pc to Rs 10,342 cr in Dec qtr
New Delhi: The country’s largest private sector HDFC Bank on Saturday reported an 18.1 per cent rise in its standalone net profit at Rs 10,342.20 crore for the quarter ended December 2021,…
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EV owners can charge vehicles using existing electricity line
New Delhi: The Centre’s new guidelines for electric vehicle charging infrastructure now allow owners to charge their vehicles at their residences or offices using existing electricity connections. The new ‘revised consolidated guidelines…
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Modi’s National Startup Day a new start for Indian entrepreneurs
New Delhi: With Prime Minister Narendra Modi announcing to celebrate January 16 as the National Startup Day, the meteoric rise of desi entrepreneurs in the past couple of years, which made global…
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HDFC Bank’s Q3FY22 YoY net profit up 18.1%
Mumbai: Lending major HDFC Bank on Saturday reported a year-on-year rise in net profit of 18.1 per cent for the third quarter of FY22. The bank’s net profit increased to Rs 10,342.2…
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Maruti Suzuki increases vehicle prices by upto 4.3 percent due to increased input costs
New Delhi: Maruti Suzuki, India’s largest carmaker, on Saturday said it has increased vehicle prices by upto 4.3 percent due to an increase in various input costs. The prices have been increased…
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Indian Gen Z and millennials keen on investing in silver versus gold
New Delhi: A survey taken of over 5,000 respondents from across all major Indian cities including Chennai, Bengaluru, Hyderabad, Kolkata, Mumbai and New Delhi by Divas Mantra, a luxury silver jewellery brand,…
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Profit booking, global cues subdue equity indices; metal stocks down
Mumbai: Profit bookings along with negative global cues subdued India’s equity indices — S&P BSE Sensex and NSE Nifty50 — on Friday. Resultantly, the two indices closed on a flat note after…
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Tesla Cybertruck production dates removed from website
San Francisco: Elon Musk-owned electric vehicle company Tesla has reportedly removed the dates about Cybertruck production from its website. According to The Verge, order page on Tesla’s Cybertruck site previously told buyers:…
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Israel’s high-tech industry exports up by 25% in 2021
Jerusalem: Israel’s high-tech industry exports increased by 25 per cent in 2021 as compared to 2020, the country’s Central Bureau of Statistics has reported. Israel’s high-tech exports totaled $20.16 billion in 2021,…
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Amazon aggregator Thrasio to infuse Rs 3,750 cr in buying Indian brands
New Delhi: Thrasio Holdings Inc, an aggregator of private brands on Amazon, on Friday said it will invest Rs 3,750 crore (nearly $500 million) to acquire leading digital-first brands in India. Thrasio…
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Has IPO-bound OYO regained trust of its hotel partners?
New Delhi: As travel tech major OYO prepares for its much-awaited public listing, the continued satisfaction of its hotel partners and winning back dissatisfied partners will play a key role in determining…
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TSMC to invest record $44 bn on chip capacity expansion in 2022
Taipei: Taiwan Semiconductor Manufacturing Co (TSMC) said on Thursday that it will invest up to $44 billion this year to expand chip manufacturing capacity, as the world faces acute chip shortage amid…
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Bharat Biotech donates Rs two crore to TTD-run trust
Tirupati: The chairman and managing director of Bharat Biotech International Limited Krishna Ella on Thursday made an offering of Rs two crore at the hill shrine of Lord Venkateswara at nearby Tirumala…