Business
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Apple releases vision OS 1.0.2 update fixing zero-day bug in its Vision Pro
San Francisco: Apple has released visionOS 1.0.2, the software that runs on the Vision Pro, which includes a fix for a vulnerability in WebKit, the browser engine that powers Safari and other…
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Sensex slips after presentation of Interim Budget
New Delhi: Markets pared morning gains after the presentation of Interim Budget on Thursday. BSE Sensex was at 71,826.36 points, up 74.25 points, as against 273.72 points in morning trade. Maruti was…
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Paytm shares slump 20 pc; hit lower circuit limit
New Delhi: Shares of One97 Communications Ltd, which owns Paytm brand, plummeted 20 per cent on Thursday as the RBI directed Paytm Payments Bank Ltd (PPBL) to stop accepting deposits or top-ups…
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Rupee rises 9 paise to 82.95 against US dollar ahead of Budget
Mumbai: The rupee appreciated 9 paise to 82.95 against the US dollar in early trade on Thursday as market participants remained cautious ahead of the interim Budget. Forex traders said the rupee…
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US Fed keeps interest rate unchanged
Washington: The US Federal Reserve Bank has kept the interest rate unchanged for the fourth consecutive time after its customary two-day meeting, saying the “economic outlook is uncertain” despite the economy was…
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Dhoni invested Garuda Aerospace launches Droni consumer drone
Chennai: Chennai-based Garuda Aerospace on Wednesday announced the launch of consumer drone `Droni’ at an introductory price of Rs 85,000 on Amazon. Garuda Aerospace, a company in which cricketer Mahendra Singh Dhoni…
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Saudi Arabia to maintain maximum oil output at 12 million bpd
Riyadh: The Kingdom of Saudi Arabia’s oil giant Aramco has announced that it will maintain its maximum sustainable capacity (MSC) at 12 million barrels per day (bpd), following the directive from the Ministry…
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L&T shares slump over 4% on lower than expected margins
New Delhi: Larsen & Toubro shares slumped over 4 percent on Wednesday after the company missed profit estimates due to lower than expected margins. L&T shares were down 4.4 percent at Rs…
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‘Made in India’ Samsung Galaxy S24 series goes on sale
New Delhi: Samsung on Wednesday announced that its recently launched flagship smartphone series — Galaxy S24, is now available to buy in India. The ’Made in India’ Galaxy S24 series comes with…
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IPO-bound Swiggy’s losses widen to Rs 4,179 cr in FY23, revenue up 45%
New Delhi: Online food delivery platform Swiggy’s net losses expanded to reach Rs 4,179 crore in the financial year ended March 31, 2023. The IPO-bound Swiggy’s operating revenue jumped around 45 per…
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Kore.ai raises $150 mn to drive AI-powered experiences for customers
New Delhi: Enterprise conversational and generative AI technology provider Kore.ai on Tuesday announced $150 million in funding led by FTV Capital, a sector-focused growth equity investor. The round also saw participation from…
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Google posts $307 bn revenue in 2023, spent billions of dollars to lay people off
San Francisco: Google, which spent $2.1 billion on severance and other expenses as it laid off more than 12,000 employees last year, will spend another $700 million on employee severance charges for…
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PayPal laying off about 2,500 employees to ‘right-size’ the company
New Delhi: Online payment gateway PayPal has kicked off layoffs that will affect at least 9 per cent of its workforce — about 2,500 employees. According to verified PayPal professionals on anonymous…
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Centre slashes import duty on mobile phone parts to 10%
New Delhi: In a bid to further boost mobile manufacturing in the country, the government has slashed import duty on parts used for manufacturing of mobile phones to 10 per cent from…