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Economy
Loyalty rewarded: IT firm gifts 5 senior employees with BMW cars
Chennai : IT firm Kissflow Inc presented a BMW 6 series car to each of its top five employees as a reward for their performance and loyalty towards the company, even in its hard times during the Covid-19 pandemic.
The cars were handed!-->…
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Homes in darkness, industries hit as Andhra faces severe power crunch
Amaravati : Homes in darkness, patients suffering in government hospitals and industries coming to a grinding halt in Andhra Pradesh show the severity of the power crisis gripping the state.
An incident in which a woman delivered a baby!-->…
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Standoff between RCAP administrator and COC leading to inordinate delays in the resolution of the…
Mumbai : Serious differences have emerged between the Reliance Capital Administrator and its Committee of Creditors (COC), and their respective advisors, over the resolution process of company's different subsidiaries/ clusters which are!-->…
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Backdoor Latvian blend keeps Russian oil flowing into Europe
London : European energy companies are finding workarounds to keep Russian crude flowing while placating public opinion, a media report said.
The point is to market a barrel in which only 49.99% comes from Russia; in Shell's eyes, as!-->…
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L1 bidder HAL-L&T combine to deliver PSLV rocket in 2024
New Delhi: The Hindustan Aeronautics Ltd and Larsen & Toubro Ltd (L&T) consortium has turned out to the lowest price bidder for making five Polar Satellite Launch Vehicle (PSLV) XL variant rocket out of the three who had bid, said!-->…
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Cement prices expected to rise further on rising raw material cost
New Delhi : Cement prices are expected to be further raised on the back of high demand as well as rising raw material cost, said Motilal Oswal Financial Services (MOFSL).
In March 2022, cement prices rose 2-3 per cent on a month-on-month!-->…
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Fundamental drivers for IT sector growth remain intact: HDFC Securities
New Delhi : The fundamental drivers of the IT sector's growth have remained intact despite a slowdown said HDFC Securities.
The IT index is up more than 40 per cent over the past year, supported by earnings upgrade.
"The absolute return!-->…
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Non-Covid demand to drive healthcare sector’s FY23 growth
New Delhi : Non-Covid demand is expected to drive the corporate healthcare industry's growth in FY23, as per rating agency India Ratings and Research (Ind-Ra).
Within the sector, the hospital sub-sector is expected to witness robust!-->…
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Indian banana, baby corn can now be exported to Canada
New Delhi : Thanks to the successful negotiations between an Indian agency and the Canadian government, Indian banana and baby corn can now be exported there, officials said on Saturday.
"The negotiations between National Plant!-->…
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Artificial Intelligence spending in Asia-Pacific to reach $32 bn in 2025
New Delhi : Countries in the Asia-Pacific region are set to spend $17.6 billion on artificial intelligence (AI) systems in 2022 and this is expected to reach $32 billion in 2025, a new IDC report has shown.
Over the next five years, the!-->…
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