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Business
TCS Plans to Match AI Agents with Employee Count
BENGALURU: TCS chairman N Chandrasekaran announced that the IT industry will see a significant reduction in hiring levels, attributing this shift to the rise of artificial intelligence (AI) in traditional…
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Business
Reliance and Meta Collaborate to Create AI-Driven Data Centre in Jamnagar
Reliance Industries Limited (RIL) has entered into a partnership with Meta Platforms, Inc. to develop a data centre in Jamnagar, Gujarat. This facility will have a capacity of 168 MW…
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International
Bondi Beach Shooting Suspect Faces Additional 19 Charges
The man charged with the tragic shooting that claimed the lives of fifteen individuals during a Jewish festival at Bondi Beach in Sydney has been hit with 19 additional charges.…
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International
Devastating Earthquake Claims 19 Lives in Southern Philippines
At least 19 people have lost their lives following a powerful magnitude-7.8 earthquake that struck off the coast of Mindanao island in the southern Philippines. The earthquake occurred early Monday…
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International
‘We No Longer Look to the Skies’: The Untold Stories of Air India Crash Victims Not on Board
The tragic aftermath of an Air India plane crash that occurred in June last year continues to haunt the lives of many in Ahmedabad. Among the victims were Prahlod Thakur’s…
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Business
India IPO Market: Foreign Firms Capitalize on India’s IPO Surge
Foreign companies are increasingly leveraging India’s vibrant initial public offering (IPO) market to liquidate investments, sending billions back to their home countries. A Reuters analysis reveals that since 2024, only…
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Business
IndiGo Suspends Flights to Six International Destinations Amid Middle East Crisis and Cost Pressures
India’s largest airline, IndiGo, announced on Thursday the temporary suspension of flights to six international destinations, including Hong Kong, Shanghai, and Thailand’s Krabi. This decision comes as the airline seeks…
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Business
India’s Bold Move Towards Flex-Fuel Vehicles: Understanding the Dual-Fuel Revolution
India’s initiative to promote flex-fuel vehicles aims to reduce crude oil imports and carbon emissions, according to Maruti Suzuki India MD and CEO Hisashi Takeuchi. Speaking at the launch of…
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Business
Citi CEO Jane Fraser Encourages Indian Companies to Recognize Their Value
MUMBAI: Citi’s global CEO Jane Fraser has urged India to maintain confidence in its long-term growth narrative, despite facing short-term challenges. Speaking at the Citi India conference, Fraser emphasized that…
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Business
Rajesh Mehta’s Ascendancy and Fall: A Look at His Scrutiny by Sebi
BENGALURU: Rajesh Mehta, known for his jewellery brands Shubh, Laabh, and Oyzterbay, has seen a significant decline in his business operations amid ongoing investigations by the Securities and Exchange Board…
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Business
Mehta Challenges Sebi’s Decision Regarding Inflated Revenue of Rs 15L Cr
BENGALURU/MUMBAI: Rajesh Mehta, the head of Rajesh Exports, has been banned by the Securities and Exchange Board of India (Sebi) for allegedly inflating the company’s revenues over several years. The…
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Business
HDFC Agents Cease Mobilization of Government Funds
MUMBAI: HDFC Bank, India’s largest private sector lender, has instructed its agents to cease mobilizing fixed deposits and current account, savings account (CASA) funds from government entities, effective July 1,…
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Business
LPG Supply Remains Steady as Oil Companies Face Losses on Cylinder Sales
Oil Marketing Companies (OMCs) are grappling with under-recoveries of nearly Rs 700 on each domestic LPG cylinder, despite government efforts to bolster supply. Sujata Sharma, joint secretary in the Ministry…
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Business
Why Every Business Launch Needs a Social Media Presence on Day One
Most new businesses treat social media as an afterthought. The website goes live, the register opens, the first invoices go out — and the Instagram account gets set up “eventually,”…
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Business
Rajesh Exports Stock Plummets 5% Following SEBI Ban on CMD for Financial Irregularities
Shares of Rajesh Exports Ltd, a prominent jewellery exporter, fell sharply on Thursday, dropping 5% to hit the lower circuit limit. This decline followed a directive from the Securities and…
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