Business
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Saving Big: Paytm’s smart move with AI to spur profit surge
New Delhi: Fintech giant Paytm is leveraging artificial intelligence (AI) to revolutionise payments and financial services like wealth management, Paytm Founder and CEO Vijay Shekhar Sharma said in an interview with Bloomberg.…
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Zee, Sony to discuss extension of merger deadline
New Delhi: Zee Entertainment Enterprises said on Wednesday that Sony Pictures Networks India has agreed to discuss the extension of the merger deadline. “The company is now in receipt of a communication…
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Equities witness second day of consolidation amid positive global cues
Mumbai: Domestic equities witnessed a second day of consolidation amid positive global cues on Tuesday. Nifty opened higher and touched new lifetime high of 21,505 before ending Tuesday with minor gains of…
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AI shows potential to help with chronic care & weight loss: Report
New Delhi: Artificial intelligence (AI) technology, which ushered in personalised healthcare, has the potential to greatly enhance patient outcomes and promote preventive actions, according to a report on Tuesday. AI has emerged…
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Tesla removes Disney+ from vehicles amid Musk-Iger rivalry: Report
San Francisco: Tesla has removed Disney+ from some of its vehicles amid Elon Musk having an online fight with Disney CEO Bob Iger, the media reported. Last week, Tesla informed Disney+ that…
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EU opens formal probe into Musk’s X in wake of Israel-Hamas war
London: The European Commission on Monday opened formal proceedings to assess whether Elon Musk’s X may have breached the Digital Services Act (DSA) in areas linked to risk management, content moderation, dark…
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Global passenger battery EV sales to reach 10 mn units in 2023
New Delhi: The global passenger battery electric vehicle (BEV) unit sales increased by 29 per cent (year-on-year) in the third quarter this year, a report showed on Monday, adding that annual BEV…
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IBM to acquire 2 data integration platforms from Software AG for $2.3 bn
San Francisco: Tech major IBM on Monday announced to acquire two data integration assets from Germany-based enterprise software company Software AG for 2.13 billion euros ($2.3 billion). IBM entered into a definitive…
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Telecom Bill drops OTT reference, mandates biometric identification for new SIM cards
New Delhi: The Telecommunications Bill 2023 has excluded over the top (OTT) services in its definition of telecom services which comes as a sigh of relief for such players. The new version…
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MediaTek, Nvidia join hands to power AI-led next-gen vehicles
New Delhi: Chip making giant MediaTek on Monday said that it has partnered with chip maker Nvidia to provide a global one-stop shop for the automotive industry, designing the next-gen of intelligent,…
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Blue Planet receives $35 mn IFU funding to boost key operations in India
New Delhi: Blue Planet Environmental Solutions, a sustainable waste management company with operations in India, South-East Asia and the UK, on Monday said it has received $35 million investment from The Investment…
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FIIs turn big buyers with Rs 20,000 cr of stocks in two weeks
New Delhi: FIIs, who have made a ‘U’ turn in their strategy, have turned big buyers having invested around Rs 20,000 crore, including bulk purchase, in the last two weeks, says V…
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Zee asks Sony to extend deadline for merger
New Delhi: Zee Entertainment has asked Culver Max Entertainment, formerly known as Sony Pictures Network India, to extend the date required to make the merger scheme effective. The deadline for the merger…