Business
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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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Gautam Adani may soon become second Indian to enter into $100 bn club
Mumbai: Gautam Adani, founder and chairman of Adani Group who is also the second richest person in India, is likely to become the second Indian to enter into a $100 billion club.…
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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…
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Apple South Korea’s 2021 sales soar 24% to top $5.97bn
Seoul: Apple Korea’s sales jumped 24 per cent on-year to hit $5.97 billion last year, a new data showed on Thursday. The South Korean unit of US tech giant Apple — Apple…
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Musk shares update on Tesla launch in India, says facing challenges
New Delhi: Tesla CEO Elon Musk on Thursday informed that the EV-maker is facing a “lot of challenges” for its car launch in India. “Still working through a lot of challenges with the…
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Adani Group, South Korea’s POSCO sign MoU for Integrated Steel Mill
Ahmedabad: POSCO and the Adani Group have agreed to explore business cooperation opportunities, including the establishment of a green, environment-friendly Integrated Steel Mill at Mundra, Gujarat, as well as other businesses. The…
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High food prices lift India’s Dec retail inflation rate
New Delhi: High food prices accelerated India’s December 2021 retail inflation rate on a sequential and year-on-year basis. Data furnished by the National Statistical Office showed that the Consumer Price Index rose…
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Tesla asks fanbase to support push to allow direct sales in NY
San Francisco: Elon Musk-owned electric vehicle company Tesla is using its “Tesla Engage” platform to ask its fanbase to support a new push to convince the New York governor and legislature to…
