Category: Markets
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Translucia, Sunovatech India join hands to build metaverse & talent ecosystem
Translucia, the metaverse developer subsidiary of T&B Media Global (Thailand), and Sunovatech India, an immersive and extended reality company, on Friday announced a series of initiatives to build a metaverse and talent ecosystem. New Delhi, Oct 28,2022: Translucia, the metaverse developer subsidiary of T&B Media Global (Thailand), and Sunovatech India, an immersive and extended reality…
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Infosys declares interim dividend of Rs 16.50 per equity share; Akshata Murthy to get Rs 64.27cr
Software giant Infosys on Friday declared an interim dividend of Rs 16.50 per equity share for shareholders for the year 2022-23, while Akshata Murthy, wife of UK Prime Minister Rishi Sunak, will get a dividend of Rs 64.27 crore. Bengaluru, Oct 28,2022: Software giant Infosys on Friday declared an interim dividend of Rs 16.50 per…
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Apple now has 900 mn paid subscribers: Tim Cook
Apple now has 900 million paid subscriptions on the platform which doubled in just three years, the company CEO Tim Cook has announced. New Delhi, Oct 28,2022: Apple now has 900 million paid subscriptions on the platform which doubled in just three years, the company CEO Tim Cook has announced. The company said that paid…
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PM Modi lauds Paytm, commends reach of digital payments in far-off places
Prime Minister Narendra Modi had hailed financial services and digital payments leader, Paytm during his recent speech at the Mana village in Uttarakhand. New Delhi, Oct 28,2022: Prime Minister Narendra Modi had hailed financial services and digital payments leader, Paytm during his recent speech at the Mana village in Uttarakhand. Commending the increase in penetration…
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LG Energy swings to profit on strong EV battery demand
LG Energy Solution Ltd (LGES) said on Wednesday it shifted to the black in the third quarter from a year earlier on the back of robust demand in electric vehicle (EV) batteries and a weaker Korean won currency. Seoul, Oct 26,2022: LG Energy Solution Ltd (LGES) said on Wednesday it shifted to the black in…
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Walmart reportedly raising up to $3 bn for Flipkart to expand India biz
Retail giant Walmart is reportedly raising up to $3 billion for its e-commerce giant Flipkart to further expand its operations in the country. New Delhi, Oct 26,2022: Retail giant Walmart is reportedly raising up to $3 billion for its e-commerce giant Flipkart to further expand its operations in the country. With new funds, Flipkart’s valuation…
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Adani Defence and Aerospace, Israel Weapon Industries unveil India’s first AI-based futuristic firing System
Humanoid robots armed with lethal weapons or unmanned tanks and submarines may have seemed like a realm of pure science fiction, just a few years ago. Ahmedabad, Oct 23,2022: Humanoid robots armed with lethal weapons or unmanned tanks and submarines may have seemed like a realm of pure science fiction, just a few years ago.…
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Oracle modernising Airtel for larger 5G roll-out in India: Top executive
As Bharti Airtel rolls out 5G services in select cities in India, Cloud major Oracle is busy helping the telecom operator in its digital metamorphosis, internally as well as externally, to serve its stakeholders and customers better as it transitions from 4G to 5G. NISHANT ARORA Las Vegas, Oct 22,2022: As Bharti Airtel rolls out…
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UoH study finds Arabian Sea acts as memory bank for Indian Summer Monsoon circulation
The Arabian Sea, to an extent, acts as a memory bank of the summer monsoon, with the seasonal cycle of the Upper Ocean and air-sea interaction playing a major role, a study by University of Hyderabad (UoH) surmises. Hyderabad, Oct 21,2022: The Arabian Sea, to an extent, acts as a memory bank of the summer…
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Global smartphone market falls 9% amid low consumer spending
Marking the worst third quarter since 2014, the global smartphone market recorded its third consecutive decline this year, dropping 9 per cent year-on-year (YoY) in the third quarter of 2022, says a new report. New Delhi, Oct 21,2022: Marking the worst third quarter since 2014, the global smartphone market recorded its third consecutive decline this…