Business
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Mobile phone exports from India to touch $5.5bn
New Delhi: Mobile phone exports from India will increase by 75 per cent from $3.16 billion in 2020-21 to over $5.5 billion in the current fiscal, a report said on Thursday. The…
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Equity indices end in red; Banking stocks down
New Delhi: Paring the majority of opening session losses, India’s key equity indices — S&P BSE Sensex and NSE Nifty50 — settled on a subdued note on Thursday. The Sensex settled 0.15…
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Tesla aims to complete Cybertruck development this year: Musk
San Francisco: Tesla CEO Elon Musk has made a new comment about the Tesla Cybertruck, which recently took a backseat, and said that the automaker aims to complete Cybertruck development this year…
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Equity indices settle lower in volatile trade; Sensex down 304 pts
New Delhi: Paring the entire opening session gains, India’s key equity indices — Sensex and Nifty — settled on a negative note on Wednesday. Sensex settled 0.5 per cent or 304 points…
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IT officials visit for routine inquiry: Hero MotoCorp
New Delhi: Two-wheeler major Hero MotoCorp on Wednesday said the visit of Income Tax officials to its office premises was for “a routine inquiry, which is not uncommon before the end of…
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Tata Motors to increase commercial vehicles’ prices from April
New Delhi: Automobile major Tata Motors will impending a price hike for its commercial vehicle range. Accordingly, the company will increase prices in the range of 2-2.5 per cent, will come into…
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NDTV hits 10% upper circuit, shares double since start of 2022
New Delhi: Shares of NDTV on Monday hit the 10 per cent upper circuit. Since the start of 2022, the shares of the news outlet gained 98 per cent, exchange data showed.…
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Musk reportedly headed to Berlin for Gigafactory inauguration
San Francisco: Tech billionaire Elon Musk appears to be headed to Berlin from Texas, Twitter user @ElonJet, who tracks the movements of Musk’s private jet said in a tweet on Monday. Tracking…
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Equity indices close lower; Nifty, Sensex down 1% each
New Delhi: India’s key equity indices — Sensex and Nifty – widened its opening session losses to settle sharply lower on Monday. Rising crude oil prices amid no signs of settling down…
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Saudi Aramco’s net profit rose by 124% in 2021
Riyadh: The Saudi Aramco announced that its net income in 2021 rose by 124 per cent, reaching $110 billion. The Saudi oil giant also declared a fourth-quarter dividend of $18.8 billion, to be…
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Tesla named ‘most trusted’ brand developing fully-autonomous vehicles
San Francisco: Elon Musk-owned electric vehicle company Tesla was recently named the “most-trusted” brand in the pursuit of fully-autonomous vehicles, according to a new study. The study surveyed consumer perception regarding fully-autonomous vehicle…
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Investors bag Rs 19 lakh crore as Sensex up 5,000 pts in 8 sessions
New Delhi: After a sharp decline after the war broke out between Russia and Ukraine, the Indian equity benchmark Sensex has risen over 5,000 points in the past eight trading sessions –…
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Suzuki Motor to invest $1.3 bn for EV production in India: Report
New Delhi: As Elon Musk refuses to listen to Indias demand to manufacture Tesla cars in the country, Japanese automaker Suzuki Motor is set to invest about 150 billion yen ($1.26 billion)…
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India expected to have over 100 new unicorns in 2022: HDFC Securities
New Delhi: Accelerated funding activity is expected to create over 100 unicorns in India during 2022. According to HDFC Securities, funding activities have created 42 unicorns in 2021. In financial parlance, a…
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Foxconn aims to get 5% of global market share for EV business by 2025
Beijing: Foxconn, the world’s largest electronics contract manufacturer and Apple’s main iPhone supplier, is planning to capture around 5 per cent of the market share globally in the electric vehicles (EV) by…
