sundar-google-ipo
Business

Google relaxes its remote work policy, allowing 20% of workers to work from home

Google is easing up on its return-to-work policy by allowing certain workers to work from home on a permanent basis.Employees will now be able to work from home for a longer period of time each year. Google announced on Wednesday that when its offices reopen later this year, it expects 20% of its staff to

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stock-photo-boss-pays-money-his-employee
Business

The employee is paid in bitcoin, but the boss needs it back after the value has increased by 700 percent

An employee who was paying in cryptocurrency was left speechless when their employer demanded that they return it because its value had increased by more than 700%. When an employee at a tech start-up was forced to return their cryptocurrency-based compensation because its value had skyrocketed, she was taken aback. The worker is estimated to

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tech-startup
Business

My $100 Billion Commitment Gap and Other Mistakes to Avoid When Starting a Tech Startup

When I was in my late twenties and in the final year of business school, I began to fantasise about starting my own company. I even entered an international entrepreneurship competition with some of my peers, and we made it to the final three. Then life happened: I got a good job, moved from India

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melinda-and-bill-gates
Business

The divorce of Bill and Melinda Gates has the potential to shake up the charity landscape

The pair, who are both billionaires, are divorcing. Bill and Melinda Gates, the world’s most admired and influential philanthropists, announced on Monday that they were divorcing, causing an earthquake in the nonprofit sector. The Bill and Melinda Gates Foundation, which they co-founded and invests more than $5 billion a year on causes like US education

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charlie
Business

Tesla is valued at $1 trillion, while Bitcoin is valued at $50,000

Munger of Berkshire Hathaway said, “I think I should say modestly that the whole damn creation (Bitcoin) is disgusting and contradictory to the interests of humanity.” Charlie Munger, Warren Buffett’s long-time friend and business associate, as well as Berkshire Hathaway Vice Chairman, recently criticised Elon Musk’s electric vehicle company Tesla and the Bitcoin price. Munger

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Elon-Musk-1995-Zip2
Business

In 1995, Elon Musk was unable to find work at an internet company, so he established his own

Elon Musk launched his own venture, Zip2, a year after failing at Netscape, with the aim of assisting media companies in going online. Elon Musk, the brilliant mind behind high-risk businesses like Tesla, SpaceX, and The Boring Company, once applied for a position at an Internet company but was turned down because he was “too

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Pentagon-Arlington-Va
Business

The great Pentagon internet mystery has been solved in part

Since then, the number of addresses has more than quadrupled to 175 million, or around a quarter of the existing internet’s size. On the day that President Joe Biden was sworn in, something odd happened on the internet. A mysterious corporation based above a Florida bank revealed to the world’s computer networks that it had

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tiger-global-bitcoin
Business

Tiger Global invests $500 million in CoinSwitch Kuber, a cryptocurrency network

At a time when Coinbase went public in the United States for an eye-popping $100 billion valuation, the crypto network was valued at $500 million. CoinSwitch Kuber, which uses an app to support retail investors invest in cryptocurrencies, announced on April 22 that it had raised $25 million in a Series B funding round from

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softbank
Business

In the midst of the e-commerce boom, SoftBank’s billionaire founder sees warehouse robotics as having a bright future

SoftBank, the Japanese telecommunications and investment conglomerate, is increasing its bet on e-commerce and robotics with a new large investment. AutoStore, a Norwegian corporation that specialises in warehouse automation technology designed to support e-commerce operations, is receiving a $2.8 billion investment from the Tokyo-based business. The investment, according to a statement released last week, values

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bitocoin-ilustration
Business

It makes no difference if Bitcoin reaches $100,000. Many people have misunderstood the situation

One of the biggest myths in today’s culture, I learned, is tricking yourself into believing you’re getting richer. Bitcoin is making any previous investment/asset look foolish.Bitcoin is something I own. Early on, I became interested. People either adore or despise me for making such a bizarre technical decision. They sometimes write inaccurate articles about my

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Facebook_diginews
Business

Facebook signs the first contract to purchase green energy in India

According to the joint statement, the 32 megawatt wind power project in southern Karnataka is part of a larger portfolio of wind and solar projects that Facebook and Mumbai-based CleanMax are collaborating on to supply renewable energy through India’s electrical grid. The companies announced on Thursday that Facebook has signed a deal to buy renewable

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Amazon CEO Jeff Bezos Attends Amazon's Annual Smbhav Event In Delhi
Business

Amazon has announced the development of a $250 million venture capital fund for Indian startups

Amazon launched a $250 million investment fund on Thursday to invest in Indian startups and entrepreneurs who are working to digitize small and medium-sized companies (SMBs) in the main overseas market. The announcement comes as the American e-commerce company, which has previously invested more than $6.5 billion in its India market, is under fire from

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surojit
Business

The switch of a Google executive to Coinbase in 2020 is valued at $646 million

After three years at Alphabet Inc.’s Google, Chatterjee joined Coinbase in February. Surojit Chatterjee was named chief product manager at Coinbase Global, the largest cryptocurrency exchange in the United States, in February 2020. After its first volatile day of trading in New York on Wednesday, the former Google executive’s Coinbase stake is estimated to be

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Swiggy
Business

Masayoshi Son, the founder of Softbank, has chosen Swiggy over Zomato as the recipient of a $450-$500 million investment

Swiggy recently closed a $800 million series J round with Falcon Edge, Amansa, Think Investments, Carmignac, and Goldman Sachs, valued at $5 billion. SoftBank has been reviewing India’s two food tech giants, Zomato and Swiggy, for a potential investment for the past 30 days. SoftBank founder Masayoshi Son has made up his mind after separate

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Citibank-Retail-Banking
Business

Citigroup’s retail banking activities in 13 countries, including India, will be shut down

Australia, Bahrain, China, India, Indonesia, Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand, and Vietnam are among the 13 countries from which Citibank will withdraw. On April 15, Citigroup announced the closure of retail banking operations in 13 countries, including India and China. The American multinational investment bank and financial services group has announced that

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flipkart
Business

Cleartrip, an online travel technology firm, will be acquired by Flipkart

Flipkart will buy Cleartrip’s operations. The travel business, on the other hand, will continue to function as a separate brand, with all staff remaining and working closely with Flipkart. Flipkart, an Indian e-commerce firm, has announced the acquisition of Cleartrip, an online travel technology company. The e-commerce giant announced that it will buy out all

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Jack-Ma-770x433
Business

Alibaba claims it is unaware of any other inquiries into the company and does not foresee any changes to its business model

Executives from the e-commerce behemoth have stated that the company’s future priority will be on improving consumer and merchant services “while remaining compliant with regulators.” Alibaba Group has stated that it is “unaware” of any other antitrust investigations into the business being undertaken by the Chinese government. This was reported during an analyst call on

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World-Bank-President-David-Malpass
Business

Faster global growth, mainly led by the United States, China, and India, according to World Bank President David Malpass

The United States, China, and India are now driving faster global growth, according to World Bank President David Malpass, who also expressed concern about that inequality as a result of the COVID-19 pandemic. He added that there is also a question about inequity in terms of vaccines and median income, which isn’t rising as quickly

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goldmansachs
Business

Goldman Sachs to Provide Bitcoin Investing to High-Net-Worth Clients

According to a survey, Goldman Sachs is on the verge of offering bitcoin and other digital assets as investment options to its private wealth management clients. According to a media article, Goldman Sachs (GS) – Get Report is on the verge of offering bitcoin and other digital assets as investment options to its private wealth

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electronic-vehicle
Business

As Joe Biden offers $174 billion in assistance for business, Tesla and other electric vehicle stocks grow

The plan could support Tesla, Workhorse, and others. Biden wants to stop China from dominating the electric vehicle market. President Biden’s new investment package provides $174 billion in subsidies for the electric vehicle sector, which boosted shares of electric vehicle companies on Wednesday. The White House said in a statement that the United States’ market

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tesla-elon-musk-Job-offers
Business

Elon Musk promises 10,000 Tesla jobs without requiring a college diploma

Elon Musk described the advantages of working at Giga Texas in a tweet, noting that the job site is just five minutes from the airport, 15 minutes from downtown, and right on the Colorado River. Elon Musk, the CEO of Tesla, announced on Twitter that the Tesla manufacturing plant near Austin will employ over 10,000

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Tesla_Car
Business

Tesla’s quarterly electric vehicle deliveries exceed expectations, but the company’s growth rate has slowed

Tesla’s Model 3 sedan and Y hatchback sales rose in the first quarter, helping Elon Musk’s highly valued automaker record delivery figures that met analysts’ estimates but were just marginally higher than the previous quarter. Early Friday, the company revealed that it shipped 184,800 vehicles to customers worldwide in January through March, more than doubling

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VC-Funding
Business

When it comes to raising capital for a fast-growing new company, there are a few things to keep in mind

Any attempt to snowball VCs would fail because they are aware of the situation. However, if you tell them what they need to hear, you’re likely to be welcomed in. It’s a fantastic issue to have. Your company is expanding, but you desperately need additional capital to keep the momentum going. It’s easy to lose

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byjus-banner
Business

BYJU’S Raises $460 Million to Become India’s Second-Highest-Valued Startup

MC Global Edtech Investment led the Series F round, which included B Capital and others. In this round, all of the investors collectively purchased a 3.53 percent stake in the firm. According to media reports, BYJU’S will raise around $700 million in this round, valuing the company at $15 billion. After raising INR 3,328 Cr

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urban-job-trends
Business

During a pandemic, an increase in self-employment masks the pain of job losses

The unemployment rate in India has decreased dramatically since the Covid-19 pandemic, according to a few private agencies. However, the number of self-employed people has increased, which many economists believe is hidden unemployment. According to the government’s official quarterly Periodic Labor Force Survey, published earlier this month, the percentage of self-employed male employees increased to

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kirana-stores
Business

Amazon buys Perpule to support the Kirana-tech startup

The majority of Perpule’s employees, including co-founders Abhinav Pathak, Saketh BSV, and Yogesh Ghaturle, are expected to work for Amazon. According to regulatory filings, Amazon Technologies Inc., a subsidiary of Amazon.com Inc., has acquired retail tech startup Perpule for 107.6 crore in an all-cash deal to bolster its presence in the kirana-tech space. According to

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entrepreneur
Business

Why did this entrepreneur plan to start a global VC fund after starting two startups?

During the COVID-19 pandemic, Dhruv Washishth saw a void in the Indian startup and venture capital ecosystem: a need for a younger VC fund run by younger people. “The legacy funds have done an excellent job and have been excellent mentors, but I believe the next decade will be dominated by younger Indian entrepreneurs who

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prince-harry
Business

Prince Harry was recently hired by a mental health startup. It’s a Business Lesson for Everybody

Prince Harry has taken a new position as an executive at one of Silicon Valley’s most promising startups. Here’s why it’s a winning mix. BetterUp, one of Silicon Valley’s hottest startups, named Prince Harry as the company’s new chief impact officer on Tuesday. BetterUp is a rapidly developing coaching and mental health company that seeks

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Bitcoin
Business

Government Takes The First Step Toward Regulating Bitcoin By Requiring Businesses To Reveal All Cryptocurrency Transactions

The Indian government has taken the first step toward regulating bitcoin and other cryptocurrencies by requiring all businesses in the country to report their virtual currency transactions in their balance sheets. KEY POINTS The government takes the lead in governing cryptocurrency. Companies have been asked to reveal all cryptocurrency transactions. More openness is expected as

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spacex
Business

Elon Musk Revealed About SpaceX 60 More Satellites For Starting Internet Plans Globally: India Launch Date?

The latest reports reveal that the SpaceX Falcon 9 rocket successfully took to the skies from NASA’s Kennedy Space Center in Florida carrying with it another 60 Starlink satellites on Sunday. Internet Across the worldFurther, the two-stage rocket is described by SpaceX as “the first orbital-class rocket capable of flight. It has been making frequent

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Crypto-Currencies
Business

The $69 million Beeple NFT was purchased by a crypto whale digital asset investor in Singapore.

The buyer of the record-breaking $69.3 million digital artwork sold Thursday was a digital asset investor who goes by the handle Metakovan and refuses to give his full name. The image file is linked to a non-fungible token (NFT), which was “minted” just last month and serves as a blockchain-based certificate of authenticity. Christie’s, which

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Elizabeth-Holmes
Business

Elizabeth Holmes, the founder and former CEO of Theranos, is pregnant, she has asked for her federal trial to be postponed once more.

Elizabeth Holmes, the founder and former CEO of Theranos, is expecting a child, according to her lawyer. Holmes is due to give birth in July and has requested that her trial be postponed until the end of August. Due to her pregnancy, the federal prosecution demanded a postponement. Founder and former Theranos CEO Elizabeth Holmes

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elon-musk-ceo-tesla
Business

Elon Musk is being sued by a Tesla investor who claims his tweets violate the SEC settlement.

Musk’s “erratic” tweets and the failure of Tesla directors to ensure he complied with the SEC settlement have exposed shareholders to billions of dollars in losses, according to a complaint unsealed late Thursday in Delaware Chancery Court, which also names the electric car company’s board of directors as defendants. The complaint cited several Musk tweets,

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microsft_digital_payment
Business

Microsoft has been chastised by Google for its support for the payment of media antitrust bills

Google, a subsidiary of Alphabet Inc., blasted Microsoft Corp. for rallying support for legislation that would allow news publishers more bargaining leverage with technology companies over content payment. In a blog post on Friday, Google alleged that Microsoft is engaged in “naked corporate opportunism” by appearing before Congress to endorse a bill that would encourage

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saudi-arabia
Business

Saudi Arabia has shut down 184 Chinese websites for selling counterfeit products, according to a survey

According to Al Jazirah newspaper, the websites have refused to give customers the option of return and exchange as well as after-sales services, instead deceiving buyers with the nature of the goods on offer. According to Gulf News, Saudi Arabia has shut down 184 Chinese websites for targeting the Saudi market with substandard and adulterated

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netflix-subscription
Business

Just weeks after raising subscription fees, Netflix cracks down on users who share passwords and advises them to create their own accounts to watch shows

Netflix announced on Thursday that it is testing a feature that requires viewers to check that they live in the same household as the account holder, a step that could lead to a crackdown on password sharing. A small number of Netflix users are receiving a message asking them to confirm that they reside with

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bitcoin_cryptocurrencies
Business

As the US passes the $1.9 trillion Covid-19 bundle, Bitcoin cryptocurrency hits the $57,000 level

The increase comes despite the fact that a key indicator of consumer prices in the United States increased less than anticipated in February, implying that wider inflationary pressures remain unchanged. After the US House of Representatives passed a covid-19 stimulus package worth $1.9 trillion on Thursday, bitcoin prices reached $57,000 for the first time in

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apple-tech-giant-imagine-entertainment
Business Entertainment

In 2021, Apple and Imagine Entertainment will sign the first-look contract

The tech giant has signed deals with big-name actors like Martin Scorsese, Idris Elba, and Leonardo DiCaprio in the last year. Apple has struck a first-look deal Brian Grazer and Ron Howard’s Imagine Entertainment. The multi-year deal will see the banner create a series of scripted films that will be exclusive to the streaming service.

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warren-buffet
Business

As his stock soars, Warren Buffett’s fortune surpasses $100 billion

Berkshire Hathaway’s Class A shares soared to $407,750 on Wednesday before falling down to $398,840 at the close. Warren Buffett’s fortune soared past $100 billion on Wednesday, as his company’s stock reached a new high of over $400,000 per share. Berkshire Hathaway’s Class A shares soared to $407,750 on Wednesday before falling down to $398,840

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meitu
Business

App for beautifying pictures in China Meitu Purchased $40 Million in Cryptocurrency

Meitu, a Chinese app developer, has entered the ranks of cryptocurrency investors, following in the footsteps of Tesla. Meitu’s eponymous flagship app became a verb in China for “photo beautifying” in the early 2010s, indicating its supremacy in the portrait touch-up space. However, when smartphones began to provide built-in filters, photo editors like Meitu have

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Zostel-OYO
Business

In a legal fight with Oyo, Zostel Hospitality declares victory

In a legal dispute with Oravel Stays Pvt. Ltd, the parent of Oyo Rooms, an arbitral tribunal ruled in favour of Zostel Hospitality Pvt. Ltd, which owns Zostel Hotels and ZO Rooms, which may result in ZO Rooms shareholders owning 7% of Oyo. Zostel will take the judgement to Oyo in order to fulfil the

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ola-electric-scooter
Business

Ola Electric intends to construct the world’s largest e-scooter plant in a 500-acre plot of land until 2022

If all goes according to plan, his Ola Electric Mobility Pvt. aims to produce 10 million vehicles per year, or 15% of the world’s e-scooters, by the summer of 2022, with sales beginning later this year in other countries. A watershed moment for one of India’s most promising startups. Bhavish Aggarwal looks out over a

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iphones
Business

Apple Inc. is preparing to produce the iPhone 12 in India in the near future, shifting 7-15 percent of capacity from China

According to reliable sources, the iPhone 12 will be produced at the Hon Hai Precision Industry (Foxconn) facility in Tamil Nadu, for both the domestic and export markets. Apple Inc. will soon begin producing the Made-in-India iPhone 12, the company’s most recent iteration, which was released in India on October 30 last year, a few

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Success-of-Yellowstone-a-series-starring-KevinCostner
Business

People: The Good, The Bad, The Right, The Wrong, And The Binge-Worthy: Hollywood Is Returning And Renewing Love For Westerns

Studios are betting that a genre as “American as apple pie” would resonate with a global audience. A ‘Yellowstone’ spinoff is being developed by ViacomCBS, while Netflix is enlisting the help of actor Idris Elba. Play the Ennio Morricone score. Hollywood is making a comeback to its Western roots. Stories featuring flinty-eyed protagonists set in

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Startup-SiCepat
Business

SiCepat, an end-to-end logistics firm based in Indonesia, has raised $170 million in Series B funding

SiCepat, an Indonesian end-to-end logistics startup, revealed today that it has raised $170 million in Series B funding. The company, which was established in 2014 to provide last-mile delivery for small businesses, has since expanded to support major e-commerce sites as well. It also offers warehousing and delivery services, as well as middle-mile logistics and

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Business

Hollywood has postponed the release of new films in India, causing concern among Indian movie theatres

Local producers are more optimistic about regaining audiences now that the government has allowed 100% occupancy in theatres, and they will announce release dates that could fill in any gaps left by Hollywood’s delays. A number of major Hollywood studios have agreed to delay the release of their big tent-pole films, a step that could

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crossroadsbybeeple
Business

How A 10-Second Video Clip Sold For $6.6 Million, With Blockchain Authentication

Pablo Rodriguez-Fraile, a Miami-based art collector, spent nearly $67,000 in October 2020 on a 10-second video artwork that he could have viewed for free online. He sold it for $6.6 million last week. In this undated handout obtained by Reuters, “EVERYDAYS: THE FIRST 5000 DAYS” is a collage by digital artist BEEPLE that is up

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Reliance-Jio
Business

Continuity According to top telecom analysts, Jio’s new 4G plan would have little effect on Bharti Airtel and Vodafone Idea

JioPhone’s three-year lock-in cycle is coming to an end for registered JioPhone users. According to experts, the latest deal is targeted at maintaining Jio’s 2G subscribers. They do not believe this would have a major impact on rivals Bharti Airtel Ltd and Vodafone Idea Ltd. Reliance Jio has revealed the Jio Phone 2021 deal, which

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Relience-mukesh
Business

Reliance Industries joins forces with Google Inc., Facebook Inc., and Infibeam to launch a national digital payment network, according to a new report

According to the Economic Times newspaper, which cited unnamed sources, India’s conglomerate Reliance Industries has partnered with Facebook Inc, Google, and fintech player Infibeam to establish a national digital payment network. As part of its efforts to reduce risks in the room, the Reserve Bank of India invited companies to form new umbrella entities (NUEs)

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Gift-City
Business

Top Six Aircraft Companies To Open Aircraft Leasing Units In GIFT City Include HAL and SpiceJet

This follows the government’s announcement in the Union Budget of tax cuts for leasing firms. SpiceJet and HAL are two of six companies looking to launch aircraft leasing operations in India, with a base in Ahmedabad’s GIFT Area. Acumen Aviation, VMan Aero, Investec, and JetSetGo are the other four firms. During an industry event in

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joe_biden1
Business

Employees of big tech companies donated $15 million to US President Joe Biden’s campaign, according to a study

According to a Wall Street Journal article based on US campaign finance records, US President Joe Biden’s campaign collected at least USD 15.1 million in contributions from employees of big tech companies. Google, Microsoft, Amazon, Apple, and Facebook are among the companies listed in the study. Among corporate workers, this was the largest source of

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elon-musk-ceo-tesla
Business

After the company’s $1.5 billion buys, Tesla’s stock price is now ‘heavily dependent on the fate of Bitcoin

Wedbush analyst Dan Ives said in a note on Tuesday that Tesla’s $1.5 billion acquisition of bitcoin last month means the company’s portfolio is “heavily tied” to the digital currency. Tesla’s stock has fallen 21% after the company announced its bitcoin purchase earlier this month. “With more uncertainty on the horizon, it’s ‘buckle up the

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Salary-hike
Business

In 2021, India Inc. will raise average wages by 7.7%, according to a survey

According to the Wage Increase Survey conducted by professional services company Aon, 88 percent of surveyed companies in India expect to raise salaries in 2021. In 2021, India Inc. is projected to deliver a 7.7% wage rise. According to the Wage Increase Survey conducted by professional services company Aon, 88 percent of surveyed companies in

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airtel
Business

In order to allow 5G services in India, Airtel has partnered with Qualcomm

In the city of Hyderabad, Airtel recently became India’s first telco to demonstrate 5G over a live commercial network. Bharti Airtel said in a regulatory filing on Tuesday that it has partnered with Qualcomm Technologies to accelerate 5G services in India. In the city of Hyderabad, Airtel recently became India’s first telco to demonstrate 5G

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Crypto-Currencies
Business Technology

Cryptocurrencies being banned in developing countries would be the equivalent to banning the internet in the 1990s, which would set countries back years

Covid-19 has wreaked havoc on our economy, causing the majority of once-thriving companies to crash. Cryptocurrency, on the other hand, has been creating employment in India and abroad in a number of fields. Among the bills to be introduced in this Parliament session is the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, which

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Rakesh-Jhunjhunwala1
Business

Rakesh Jhunjhunwala purchased these stocks. In less than a year, I went from Rs 1 lakh to Rs 5 lakh

On March 23, a Rs 1 lakh investment in a large-cap portfolio would have grown to Rs 5.06 lakh today. The Tata Motors stock, which is owned by Rakesh Jhunjhunwala, has risen more than five times since its 52-week low in March of last year. The stock, which had fallen to Rs 63.60 on March

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sunil-mittal-and-mukesh-ambani
Business

As Airtel beats Reliance Jio to become the country’s top telco, the fight between Sunil Mittal and Mukesh Ambani heats up

Bharti Airtel has surpassed Mukesh Ambani’s Reliance Jio as the Indian telecom firm with the most active subscribers.In the second half of calendar year 2020, Airtel’s net subscriber addition growth was double that of Jio.Airtel’s stock has risen by more than 40% since September 2020, owing to solid growth in new subscriber additions. Bharti Airtel

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future-group
Business

Future Company has started paying interest on its dollar bonds

On the 5.6 percent notes that mature in 2025, interest was due in the amount of $14 million. The price of the notes increased by 1.4 cents to 86.3 cents, a one-month high. Future Retail Ltd., an indebted Indian retailer, has processed a dollar bond interest payment that was due on January 22. The news

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Jeff-Bezos
Business

Jeff Bezos has reclaimed his title as the world’s wealthiest individual, surpassing Elon Musk

With a net worth of $191.2 billion, or $955 million more than Musk, Jeff Bezos, who had occupied the top spot for more than three years until last month, regained it. Elon Musk’s reign as the richest person on the planet was brief.Tesla Inc. stock fell 2.4 percent on Tuesday, wiping $4.6 billion from Elon

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Business

Cairn Energy PLC has filed a lawsuit in the United States to compel India to pay a $1.2 billion award

According to a court filing, Cairn Energy PLC has filed a lawsuit in a US district court to enforce a $1.2 billion arbitration award it earned in a tax dispute with India, increasing pressure on the government to settle its debts. An arbitration panel awarded the British company more than $1.2 billion in damages, plus

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fire-tv-devices
Business

Amazon’s first manufacturing facility for Fire TV devices has opened in India

Amazon has partnered up with a Foxconn affiliate Amazon revealed on Tuesday that it would open its first manufacturing line in India in collaboration with Foxconn’s Cloud Network Technology, an India-based subsidiary of the Taiwanese electronics giant. The collaboration is part of an attempt to collaborate with the Indian government, which has launched a campaign

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BigBasket-Online-Shopping
Business

According to reports, the Tata Group will purchase a 68 percent stake in BigBasket, an online grocery startup, for 9500 crore INR

According to the survey, the Indian conglomerate Tata group will purchase a 68 percent stake in Alibaba-backed online grocery startup BigBasket for around $9,500 crore ($1.31 billion). According to television channel ET Now, which cited sources, India’s Tata group will buy a 68 percent stake in online grocery startup BigBasket for around $9500 crore ($1.31

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sunder-pichai
Business

As part of its attempts to signal collaboration on digital news payments, Google signed a multimillion-dollar contract with a major Australian publisher

Highlights Seven West, a major Australian news organization, has joined Google’s News Showcase network. Showcase gives Google users free access to news and paywalled content. The agreement suggests that Google needs to sign agreements ahead of legislation that would compel media outlets to pay. After months of wrangling with government officials about its partnership with

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7-Sign-Rich
Business

Top 7 Signs You’re Either Rich Or Poor Despite Your Feelings

“Rich” is as subjective as “happiness” — it means different things to different people. However, there are a few basic indices of wealth that relate to all. Perhaps you believe it means being in the top 1% of earners in some of America’s richest cities. Perhaps it means being able to afford a flashy mansion

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Kishore-Biyani
Business Economy

Future Group claims Amazon demanded $40 million in compensation for the RIL 2020 deal; Amazon denies the allegations

Amazon had asked Future Group for $40 million in compensation for the contract with Reliance Industries, according to documents submitted by the Kishore Biyani-led firm, and the US-based corporation was well aware of the Rs 24,713 crore Future-RIL deal. Future Group reported that Amazon requested $40 million (roughly Rs 290.41 crore) in compensation for the

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Thewaterapp
Business Health Technology

A Hyderabad-based startup called The Water App aims to bring high-quality drinking water to your doorstep

The Water App is a software-as-a-service application that manages the water supply chain, including end-user delivery, inventory management, business intelligence reports, and real-time monitoring. It was established in the year 2020. Satish Kumar Mohapatra and R Nikhil Kumar had trouble seeking clean drinking water when they migrated to other cities for work. The college mates,

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market-analysis
Business

Tesla Mistakes, Dividends, Listing Risks, More IPOs, Rumours, Deal Buzz, and More

Tesla Here… Wait… A document from the Karnataka chief minister’s office released over the weekend sent journalists in a tizzy. A line in the document listing highlights of the Union Budget mentioned Tesla will set up a manufacturing unit in Karnataka. Turns out it was a false alarm, yet again! Officials close to the CM

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amazon-echo-lineup
Business

Amazon is giving away up to 50% off Echo, Fire TV Stick, and other Alexa devices

To commemorate the third anniversary of its voice assistant in India, Amazon India has announced discounts on its Echo speakers, Fire TV stick, and other Alexa-enabled products. Here are some of the greatest bargains. To commemorate the third anniversary of its voice assistant in India, Amazon India has announced discounts on its Echo speakers, Fire

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bitcoin-3
Business

The Bitcoin ‘Btrust’ was founded by Jay Z and Jack Dorsey with a focus on Africa and India

Sean Carter, better known as Jay Z, and Twitter Inc CEO Jack Dorsey revealed on Friday that they have established an endowment fund for crypto-entrepreneurs in Africa and India. They have pooled their resources to provide 500 BTCs (roughly Rs 172 crore) to finance Bitcoin growth in the two regions. The duo is also searching

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adar-poonawalla
Business

Adar Poonawalla, a director of Rising Sun, has agreed to purchase Magma Fincorp. Here’s What You Need to Know About The Deal

The Pune-based Poonawalla Group has announced that it will subscribe to a 3,456-crore preferential issue to acquire a controlling 60% stake in Magma Fincorp. Magma Fincorp Ltd shares rose 10% in early trading on Thursday, reaching their highest level in 19 months, a day after the Poonawalla Group said it would buy a stake in

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sbi-loan
Business

Until March 2021, State Bank of India is offering home loans at a 6.8% interest rate with no processing fee: Examine the Particulars

The lender announced on Wednesday that it has a 34 percent market share in the home loan sector. On a daily basis, the bank onboards about 1000 new home loan customers. SBI, India’s largest bank, is providing home loans with interest rates as low as 6.80% per annum. The State Bank of India (SBI) has

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tata-steel-revenue-profit
Business

Tata Steel Earnings Exceeded Expectations, Revenue Increased, Take a look at Tata Steel’s third-quarter results

Tata Steel Ltd.’s quarterly profit increased, exceeding expectations, thanks to higher prices, a better product mix, and operational efficiency initiatives. According to its exchange filing, the steelmaker made a net profit of Rs 3,989 crore in the quarter ended December, compared to a loss of Rs 1,166 crore in the same quarter a year earlier.

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stock-markets
Business

Today’s Stock Market LIVE Updates: Nifty is above 15,100, Sensex is above 51,400, M&M is up 6%, and Bank Stocks are surging

Today’s Stock Market News | Sensex, Nifty, and Share Prices LIVE STREAM: On Monday morning, domestic stock markets were seen setting new highs. Along with the benchmarks, the India VIX was also surging higher, up 2%. Domestic stock markets opened the day at new all-time highs. The Sensex hit 51,326 for the first time, while

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Reserve-bank-india
Business

The RBI allows retail investors to invest directly in government securities: learn more here

The RBI now allows direct investments after a lukewarm response to its previous scheme to enable small investors to invest in government securities via stock exchanges. Investing in government bonds is about to get a lot simpler. Retail investors will be provided online access to the government securities market – both primary and secondary –

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shashikantadas
Business

The Reserve Bank of India has set the stage for smooth government borrowing, but the bond market is not completely buying

The central bank has extended the concessions it gave banks on held-to-maturity portfolios for another year in order to help the bond market swallow the borrowing, and has stated that it would use all resources at its disposal to control liquidity. The central banker has gone to great lengths to ensure that the government can

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hyundaiautonomouscar
Business

Hyundai and Apple are close to reaching an agreement on self-driving cars, but they won’t be available to the general public, according to reports

According to the paper, Apple was looking for a well-established automaker willing to hand over ownership of the vehicle’s software and hardware to the California tech giant. According to media reports, Apple is nearing an agreement to produce its own autonomous vehicles in collaboration with South Korean giant Hyundai, with an announcement expected this month.

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nse
Business

Today’s spotlight is on Kishore Biyani, as the Nifty is expected to open flat on February 5th

Market cues suggest that the markets will likely take a breather in the first few minutes of trading. As markets digest the over 8.5 percent gains made in the previous three trading sessions, the Nifty and BSE Sensex are expected to open flat today. The Sensex will aim to maintain its position above the 50,000

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Women-workers
Business

According to Survey 2021, the job market is still recovering from COVID-19 shock and will take longer

When it came to job recovery after the lockdown, women did worse than men, according to a survey.The second round of the COVID-19 Livelihoods Survey, conducted by Azim Premji University in collaboration with six civil society organisations, indicated that a continued and increased allocation for MGNREGA, as well as the implementation of an urban jobs

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sensex_NSE_BSE_Stocks_Stock_market_bse1-770x433
Business

What Happened To The Market Today, February 4, 2021, When You Were Awake? The Top 10 Things You Should Know

The SGX Nifty index is expected to open flat in India, with a 6 point rise. The Indian stock market is expected to open cautiously, with SGX Nifty index trends indicating a flat opening with a 6 point gain in India. On February 3, the Sensex rose 458 points, or 0.92 percent, to 50,255.75, and

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reliance-industries-ril-reuters
Business

Reliance’s $3.4 billion deal with Future Group is temporarily halted, while Amazon wins a court battle

It’s a victory for Amazon, which has been fighting the offer in order to gain control of a huge and important consumer market. The Delhi High Court has temporarily halted Future Group’s sale of its retail properties to Reliance Industries Ltd, giving Amazon an interim victory in its fight to control a huge and critical

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Bitcoin
Business Government

In India, the government has proposed a bill that would prohibit the use of bitcoin.

The central bank is also considering issuing a digital version of the rupee, according to an RBI booklet on payment systems released on January 25, 2021. The Government has classified a bill providing for the banning of all private cryptocurrencies in India, such as bitcoin, ether, ripple, and others, in the legislative order of business

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Business

Top 15 Things To Know Before The Opening Bell On Friday, January 29th, 2021

The Nifty’s main support level is 13,721.07, which is followed by 13,624.63. The primary resistance levels to watch if the index rises are 13,906.07 and 13,994.63. Indexes in the headlines The Sensex and Nifty finished the session in the red for the fifth time in a row, owing to lacklustre global cues. The Sensex fell

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Sridhar Vembu
Business

Sridhar Vembu, the Zoho group, and the company all planned well to work together

Sridhar Vembu (54), the Zoho founder and CEO, dedicated the Padma Shri award he received to his employees and extended family. Sridhar Vembu (54), the Zoho founder and CEO, dedicated the Padma Shri award he received to his employees and extended family. “It is a huge honour, and I feel humbled,” Vembu, who lives in

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stock-tips
Business

Sudarshan Sukhani and Mitessh Thakkar’s Top Stock Picks For Wednesday NSE & BSE Stocks

Sudarshan Sukhani – Sell LIC Housing at Rs 408 with a stop loss of Rs 421.Mitessh Thakkar – Buy Aurobindo Pharma with a Rs 978 stop loss and a Rs 1,040 target. After the International Monetary Fund (IMF) lifted its growth forecast for the global economy this year, the Indian market is expected to open

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Cleantech Energy
Business Technology

5 CleanTech Innovations to Keep an Eye On For Future Investment

With a global energy crisis approaching, investing in renewable technology makes sense on more than just a financial level. They are basically the only ones that can save the world. Every year, initiatives like the Clean Technology Fund (CTF) save over 3,900 GWh of electricity. Global renewable energy investments totaled $333.5 billion in 2017. Here

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Climate-Change
Business

The Most Up-to-Date Climate Report Card For Top Asset Managers Through 2021

According to a study released Thursday, the world’s top 30 fund managers, who collectively oversee $50 trillion in assets, get mixed reviews for guiding the global economy toward Paris climate targets. InfluenceMap, a London-based think tank, scored investment behemoths on three fronts: support for climate-related shareholder resolutions, portfolio greenness, and involvement with the companies in

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stock-markets-boost
Business

After January 2020, FIIs have poured in Rs 1.9 lakh crore, making all investors wealthier by Rs 44 lakh crore

Almost every industry has benefited from the boom, with IT and pharmaceuticals leading the way with gains of 69 percent and 58 percent, respectively, since January 2020. The year 2020 will go down in history as the Indian stock market not only recovered all of its losses from February-March but also brought the gains into

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Mukesh-Ambani
Business

RIL Quarterly Results: Profit Increases By 40% Due To Strong Revival In O2C And Retail Segments Jio ARPU Increases To Rs 151

In the third quarter, Reliance Industries generated solid operating performance, with a strong turnaround in the O2C and Retail segments, as well as steady growth in the Digital Services market. Reliance Industries, the country’s largest company by market capitalization, posted a 40.5 percent sequential increase in consolidated profit to Rs 14,894 crore for the quarter

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