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IBM sells its Watson healthcare assets to Francisco Partners

IBM sells its Watson healthcare assets to Francisco Partners

🕔11:27, 22.Jan 2022

San Francisco, Jan 22 (IANS) IBM has announced to sell healthcare data and analytics assets from the company (currently part of the IBM Watson Health business) to Francisco Partners, a leading global investment firm. Although financial terms of the transaction were

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Andhra Cabinet approves agreement with IndiGo Airlines

Andhra Cabinet approves agreement with IndiGo Airlines

🕔07:36, 22.Jan 2022

Amaravati, Jan 22 (IANS) The Andhra Pradesh Cabinet on Friday approved an agreement with IndiGo Airlines to operate flights from Kadapa and Kurnool airports. The airline will operate four services a week starting from March 27, Information and Public Relations Minister

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QR codes on drug manufacturing ingredients mandatory from next year

QR codes on drug manufacturing ingredients mandatory from next year

🕔07:26, 22.Jan 2022

New Delhi, Jan 22 (IANS) The Central government has made QR codes mandatory on drug manufacturing ingredients packages and the new rule will be applicable from January 1, 2023. It has been made mandatory to put QR codes on Active Pharmaceutical

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Vodafone Idea’s net losses widen YoY in Q3FY22, ARPU improves sequentially

Vodafone Idea’s net losses widen YoY in Q3FY22, ARPU improves sequentially

🕔07:24, 22.Jan 2022

New Delhi, Jan 22 (IANS) Telecom service provider Vodafone Idea’s net losses widened year-on-year to Rs 7,230 crore during the Q3FY22. In the same quarter last fiscal, it was Rs 4,532 crore. In Q2FY22, it was Rs 7,132 crore. Revenue from

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RIL’s consolidated Q3 net profit jumps 37.9% YoY to Rs 20,539 cr

RIL’s consolidated Q3 net profit jumps 37.9% YoY to Rs 20,539 cr

🕔07:20, 22.Jan 2022

Mumbai, Jan 21 (IANS) Reliance Industries Ltd (RIL) on Friday reported a year-on-year rise of 37.9 per cent in its consolidated net profit for the quarter ended December 31, 2021, at Rs 20,539 crore. In a regulatory filing, the company reported

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IDBI Bank’s Q3FY22 net profit up 53%

IDBI Bank’s Q3FY22 net profit up 53%

🕔07:18, 22.Jan 2022

New Delhi, Jan 21 (IANS) IDBI Bank on Friday reported a rise of 53 per cent in its net profit for Q3FY22 on a year-on-year basis, at Rs 578 crore as against Rs 378 crore reported for Q3FY21. Besides, the bank’s

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Intel to invest $20 bn on 2 new chip factories in US

Intel to invest $20 bn on 2 new chip factories in US

🕔20:19, 21.Jan 2022

San Francisco, Jan 21 (IANS) Chip-maker Intel on Friday said it will invest more than $20 billion to build two new factories int US for advanced chipmaking, as the world grapples with semiconductor shortage. The initial phase of the project in

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HDFC Life posts lower net of Rs 850 crore for 9 months

HDFC Life posts lower net of Rs 850 crore for 9 months

🕔20:18, 21.Jan 2022

Chennai, Jan 21 (IANS) Private life insurer HDFC Life Insurance Company Ltd on Friday said it closed the nine month period ended December 31, 2021 with a lower net profit of about Rs 850 crore on an increased premium income of

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Indian startups raised record $24.1 bn in 2021: Nasscom

Indian startups raised record $24.1 bn in 2021: Nasscom

🕔19:36, 21.Jan 2022

New Delhi, Jan 21 (IANS) Indian startups raised a record $24.1 billion in 2021, a two-fold increase over pre-Covid levels, while $6 billion were raised via public markets with 11 startup IPOs, a new Nasscom report said on Friday. The Indian

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UoH, TCS team up for next-gen communication tech innovation

UoH, TCS team up for next-gen communication tech innovation

🕔15:51, 21.Jan 2022

Hyderabad, Jan 21 (IANS) The University of Hyderabad (UoH), has tied up with Tata Consultancy Services (TCS) for collaboration in research and innovation on next-generation communications technologies, semiconductor engineering, and heterogeneous computing architectures. TCS and UoH entered into a strategic alliance

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Essar Capital appoints Anil Kumar Chaudhary as CEO for metals and mining vertical

Essar Capital appoints Anil Kumar Chaudhary as CEO for metals and mining vertical

🕔14:25, 21.Jan 2022

New Delhi, Jan 21 (IANS) Essar Capital Ltd, the investment manager of Essar Global Fund Ltd, announced the appointment of Anil Kumar Chaudhary as Chief Executive Officer for the Metals & Mining business. He will be the member of the Executive

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Jio collaborates with University of Oulu for 6G tech research

Jio collaborates with University of Oulu for 6G tech research

🕔07:17, 21.Jan 2022

New Delhi, Jan 21 (IANS) Reliance Jio’s Estonia unit, Jio Estonia OU, on Thursday partnered with the University of Oulu in Finland to explore 6G and beyond opportunities for the world. 6G builds on top of 5G and extends digitisation through

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Air India to commence normal ops to US from Friday

Air India to commence normal ops to US from Friday

🕔07:16, 21.Jan 2022

New Delhi, Jan 21 (IANS) National carrier Air India will commence normal operations to US from Friday, the airline said. On Tuesday, the national carrier said that it will not be able to operate a number of US-bound flights due to

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RIIL’s Q3FY22 YoY standalone net profit up 2.2%

RIIL’s Q3FY22 YoY standalone net profit up 2.2%

🕔07:15, 21.Jan 2022

Mumbai, Jan 21 (IANS) Reliance Industrial Infrastructure Ltd (RIIL) on Thursday reported a rise of 2.2 per cent in its standalone net profit for the third quarter (Q3) of 2021-22 financial year on a year-on-year basis. The company’s net profit during

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India’s B2B business to grow 10.3% in 2022 says American Express

India’s B2B business to grow 10.3% in 2022 says American Express

🕔17:01, 20.Jan 2022

New Delhi, Jan 20 (IANS) India’s B2B business is expected to rise by 10.3 per cent in 2022, global payments company American Express said. A study conducted by American Express India and Invest India in partnership with the Centre for Business

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Budget FY23: Reduce central excise on ATF to 5%, says IndiGo

Budget FY23: Reduce central excise on ATF to 5%, says IndiGo

🕔07:13, 20.Jan 2022

New Delhi, Jan 20 (IANS) Airline major IndiGo on Wednesday urged the Centre to reduce central excise on jet fuel to 5 per cent from 11 per cent in the Union Budget FY23, to be tabled in the Parliament on February

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ICICI Lombard General posts Rs 958.50 crore PAT

ICICI Lombard General posts Rs 958.50 crore PAT

🕔07:11, 20.Jan 2022

Chennai, Jan 20 (IANS) Non-life insurer ICICI Lombard General Insurance Company Ltd closed the nine month period, ended December 31, 2021, with a net profit of Rs 958.50 crore, said a top company official. The net profit was down from about

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Reliance Jio prepays Rs 30,791 cr, clears deferred spectrum liabilities till Mar 2021

Reliance Jio prepays Rs 30,791 cr, clears deferred spectrum liabilities till Mar 2021

🕔13:37, 19.Jan 2022

New Delhi, Jan 19 (IANS) Reliance Jio Infocomm on Wednesday announced that it has paid Rs 30,791 crore to the Department of Telecom towards prepayment of the entire deferred liabilities related to spectrums acquired before March 2021. Reliance Jio Infocomm is

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ArcelorMittal plan for Odisha Slurry Pipeline Infra gets NCLAT nod

ArcelorMittal plan for Odisha Slurry Pipeline Infra gets NCLAT nod

🕔12:13, 19.Jan 2022

New Delhi, Jan 19 (IANS) The National Company Law Appellate Tribunal (NCLAT) has approved the Resolution Plan submitted by ArcelorMittal for the corporate insolvency resolution process of Odisha Slurry Pipeline Infrastructure Limited. Giving a major relief to the world’s leading steel

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Microsoft acquires ‘Call of Duty’ maker Activision Blizzard for $69 bn

Microsoft acquires ‘Call of Duty’ maker Activision Blizzard for $69 bn

🕔07:22, 19.Jan 2022

San Francisco, Jan 19 (IANS) In the biggest deal ever in the world of gaming, Microsoft on Tuesday announced to acquire Activision Blizzard, the maker of popular games like Call of Duty (CoD) and Warcraft, for a whopping $68.7 billion. When

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