Category: Business
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Tesla’s India Entry Boosted by Government’s Updated EV Policy to Attract Global Automakers
As the world’s most valuable electric vehicle (EV) company, Tesla, gears up for its highly anticipated entry into the Indian market, the Indian government is reportedly considering adjustments to its new EV policy. These modifications are expected to provide more attractive incentives and conditions for global automakers, including Tesla, in order to establish a foothold…
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Tata Power Partners with AWS to Accelerate India’s Smart Energy Transition
India is poised for a significant shift in how it manages energy consumption, and Tata Power is at the forefront of this change. On Thursday, Tata Power announced a strategic partnership with Amazon Web Services (AWS) to spearhead the country’s transition to a smart, sustainable, and consumer-centric energy system. This collaboration is set to reshape…
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NSDL’s Profit Soars with 29.82% Increase, Set to Launch IPO
The National Securities Depository Limited (NSDL), one of India’s leading financial market institutions, has made a notable leap in its financial performance in recent months. For the period between September and December 2024, the company has reported an impressive 29.82% surge in consolidated net profit, when compared to the same period in the previous year.…
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Zomato Unveils Nugget: AI-Powered Customer Support Revolution
Food delivery giant Zomato has announced the launch of Nugget, an in-house artificial intelligence (AI)-enabled customer support platform designed to enhance efficiency across its food delivery services, quick commerce vertical Blinkit, and supply-chain services platform Hyperpure. Zomato CEO Deepinder Goyal introduced Nugget in a post on X (formerly Twitter), emphasizing the platform’s ability to streamline…
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Foxconn Open to Buying a Stake in Nissan: A Game-Changing Auto Industry Move?
Taiwanese tech giant Foxconn has expressed interest in taking a stake in Nissan, signaling a potential new partnership in the evolving auto industry. Nissan, currently at a critical juncture, has been struggling to secure its future after merger talks with Honda stalled. Could Foxconn’s entry into the equation be the solution Nissan needs? Foxconn’s Statement…
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Indian Stock Market Opens Higher, Nifty Above 23,120
Indian Markets Show Strength Amid Global Uncertainty The Indian stock market opened on a positive note on Thursday, bolstered by buying in the PSU bank and financial services sectors. The broader market movement followed a mixed set of global cues, reflecting cautious optimism among investors. Strong Opening for Sensex and Nifty As of 9:45 AM,…
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Hindalco Q3 Results: Profit Set to Surge by 62% Amid Strong India Performance
Hindalco’s Profit Expected to Soar 62% Amid Strong Market Performance The third quarter earnings season is in full swing, with around 460 companies set to release their Q3 financial results on Thursday. Among them, Hindalco and SJVN stand out as key companies to watch. Investors and analysts alike are eagerly anticipating their numbers, which could…
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Shriram Finance Bets Big on Green Energy—Targets ₹5,000 Crore Portfolio!
Shriram Finance, one of India’s leading non-banking financial companies (NBFCs), is set to embark on an ambitious expansion of its green finance portfolio, aiming for a 20-fold increase over the next three years. This strategic move comes as the company seeks to diversify its loan book and leverage the growing demand for sustainable financing solutions.…
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Swiggy Instamart Glitch Hands Out Massive Discounts, Users Cash In Before Fix
A technical glitch on the Swiggy Instamart app recently led to an unexpected windfall for some users, with discount coupons worth up to Rs 5,00,000 being erroneously credited to their accounts. The incident, which was first highlighted by a Reddit user, quickly went viral as users shared screenshots of orders placed for a fraction of…
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OpenAI CEO Sam Altman Plans AI-Powered Device to Replace iPhones and Android Phones
OpenAI CEO Sam Altman is taking a bold step towards transforming how people interact with technology. In an ambitious collaboration with former Apple design chief Jony Ive, Altman is working on an AI-powered device designed to replace traditional smartphones. This groundbreaking project aims to eliminate the need for touchscreens and traditional interfaces, shifting towards a…
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