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Walmart-led investors pump in $1.2 bn in Flipkart Group

Walmart-led investors pump in $1.2 bn in Flipkart Group

🕔18:31, 14.Jul 2020

Bengaluru, July 14  A Walmart-led investor group on Tuesday pumped in an additional $1.2 billion into the ecommerce platform Flipkart Group to support its marketplace in the wake of the ongoing Covid-19 pandemic. With the new investment, Flipkart group is

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Jio adds 46 lakh users in March, Airtel, Vodafone Idea see dip

Jio adds 46 lakh users in March, Airtel, Vodafone Idea see dip

🕔18:29, 14.Jul 2020

New Delhi, July 14  Reliance Jio continued to lead the subscription race in March with an addition of over 46.87 lakh customers during the month, taking its subscriber base to over 38.75 crore, according to data from the Telecom Regulatory

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Samsung bets big on 6G, expects roll out as early as 2028

Samsung bets big on 6G, expects roll out as early as 2028

🕔14:49, 14.Jul 2020

New Delhi, July 14  South Korean tech giant Samsung has started working on the sixth next generation cellular technology and it expects completion of the 6G standard and its earliest commercialisation date could be as early as 2028. Mass commercialisation

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Yes Bank fraud: ED files supplementary charge sheet

Yes Bank fraud: ED files supplementary charge sheet

🕔07:06, 14.Jul 2020

Mumbai, July 14  Five days after it attached properties worth Rs 2,203 crore in the Yes Bank fraud case, the Enforcement Directorate filed a supplementary charge sheet before a special court in Mumbai, naming 11 other accused in the matter,

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Blocked over 1 billion threats targeting Indian consumers: Quick Heal

Blocked over 1 billion threats targeting Indian consumers: Quick Heal

🕔17:59, 13.Jul 2020

Pune, July 13  IT security company Quick Heal Technologies said it had detected and blocked over one billion known and unknown threats targeting Indian consumers in 2019, accounting to over 2.9 million detections on a daily basis. Consumers in Maharashtra

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Google to pump in Rs 75,000cr to help India go digital

Google to pump in Rs 75,000cr to help India go digital

🕔17:08, 13.Jul 2020

New Delhi, July 13  Google and Alphabet CEO Sundar Pichai on Monday announced a Google for India Digitisation Fund through which the company will invest Rs 75,000 crore, or approximately $10 billion, over the next five to seven years to

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Yes Bank to trim corporate portfolio, focus on retail loans

Yes Bank to trim corporate portfolio, focus on retail loans

🕔17:07, 13.Jul 2020

New Delhi, July 13  Yes Bank will focus more on giving retail loans and to MSMEs and will trim its corporate loan portfolio. Bank’s CEO Prashant Kumar on Monday said that the ratio of the bank’s loan book was inclined

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L&T Board inducts Subramanian Sarma as Executive Director

L&T Board inducts Subramanian Sarma as Executive Director

🕔17:05, 13.Jul 2020

New Delhi, July 13  Larsen & Toubro on Monday said that its board of directors has decided to induct Subramanian Sarma, Non-Executive Director on the board as an Executive Director. In its meeting on July 11, the board of directors

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How the pandemic has hit Ola, Uber hard in India

How the pandemic has hit Ola, Uber hard in India

🕔11:21, 13.Jul 2020

New Delhi, July 13 Before the world realised the enormity of Covid-19 repercussions, ride-hailing companies Ola and Uber just appeared set for a long drive of fast-paced growth. After covering most major Indian cities and towns, Ola started expanding its services

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RIL’s m-cap hits Rs 12 lakh cr, shares at fresh high

RIL’s m-cap hits Rs 12 lakh cr, shares at fresh high

🕔11:20, 13.Jul 2020

Mumbai, July 13 Reliance Industries (RIL) on Monday became the first Indian company to reach market capitalisation of Rs 12 lakh crore, with shares reaching a fresh high of Rs 1,938.80. Around 10 a.m., RIL’s market capitalisation was at over Rs

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Qualcomm to invest Rs 730 cr in Jio Platforms

Qualcomm to invest Rs 730 cr in Jio Platforms

🕔07:19, 13.Jul 2020

New Delhi, July 13 The investment spree into Reliance Industries’ Jio Platforms continues, with technology major Qualcomm coming in with Rs 730 crore to pick up 0.15 per cent stake. Reliance Industries on Sunday announced that Qualcomm Ventures, the investment arm

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CGPL ops may stay afloat, Tata Power says talks to continue

CGPL ops may stay afloat, Tata Power says talks to continue

🕔07:49, 11.Jul 2020

New Delhi, July 11  As the Gujarat government decided not to allow compensatory tariff to imported coal-based mega power projects in the state, Tata Power on Friday said that the amendment to the PPA with its Coastal Gujarat Power Ltd

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Mukesh Ambani world’s 7th richest, overtakes Warren Buffet

Mukesh Ambani world’s 7th richest, overtakes Warren Buffet

🕔07:24, 11.Jul 2020

New Delhi, July 11  Reliance Industries (RIL) Chairman Mukesh Ambani has become the seventh richest person in the world overtaking Warren Buffet, one of the most successful investors globally, according to the Forbes Real Time Billionaires Index. As per the

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Microsoft introduces new security technology to prevent data corruption

Microsoft introduces new security technology to prevent data corruption

🕔07:23, 11.Jul 2020

San Francisco, July 11  Microsoft has introduced a new platform security technology to prevent data corruption techniques being adopted by cyber criminals to target system security policy and tamper with data structures on Windows 10 devices. Called Kernel Data Protection

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Amazon asks employees to remove TikTok: Report

Amazon asks employees to remove TikTok: Report

🕔07:15, 11.Jul 2020

New York, July 11  Amid continuing backlash against Chinese apps, e-commerce giant has told its employees to remove Chinese short video making app TikTok from their smartphones owing to unspecified risks. A Wall Street Journal report on Friday quoted an

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PC shipments worldwide grow 2.8% in Q2 as Lenovo, HP lead

PC shipments worldwide grow 2.8% in Q2 as Lenovo, HP lead

🕔16:12, 10.Jul 2020

San Francisco, July 10  Led by Lenovo and HP, worldwide PC shipments reached 64.8 million units in the second quarter of 2020, a 2.8 per cent increase from the same period last year, according to preliminary results revealed by Gartner

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Tata Motors Group’s Q1FY21 global wholesales down 64%

Tata Motors Group’s Q1FY21 global wholesales down 64%

🕔15:46, 10.Jul 2020

New Delhi, July 10  Automobile major Tata Motors Group, including Jaguar Land Rover, on Friday reported a plunge of 64 per cent in global wholesales Q1FY21 on a year-on-year basis. According to the group, global wholesales of all Tata Motors’

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Siemens Gamesa to make 3.4 MW wind turbine in India in 2021

Siemens Gamesa to make 3.4 MW wind turbine in India in 2021

🕔15:30, 10.Jul 2020

Chennai, July 10  Global wind turbine major Siemens Gamesa Renewable Energy will start making the 3.4 MW wind turbine at its Indian plant in Tamil Nadu, said a company official. The new machine will be the highest capacity wind turbine

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Yes Bank sets floor price of Rs 12/share for FPO issue

Yes Bank sets floor price of Rs 12/share for FPO issue

🕔14:11, 10.Jul 2020

Mumbai, July 10 Yes Bank’s Capital Raising Committee (CRC) of the Board of Directors on Friday set a floor price of Rs 12 per share for its upcoming further public offering (FPO). The board has fixed a cap price of Rs

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RIL, BP launch fuel and mobility joint venture

RIL, BP launch fuel and mobility joint venture

🕔07:14, 10.Jul 2020

New Delhi, July 10  Reliance Industries Ltd (RIL) and British Petroleum (BP) on Thursday announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). Following initial agreements in 2019, BP and RIL teams

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