How Adani Ports unlocked growth potential of India’s seaports after acquisitions

How Adani Ports unlocked growth potential of India’s seaports after acquisitions

New Delhi, April 19 - India's largest private port operator, Adani Ports and Special Economic Zone Ltd (APSEZ), announced earlier this month that it handled a record 420 MMT (million metric tonne) cargo in FY24 (including international ports), setting a new milestone in

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Kunal Shah’s CRED receives in-principle approval for payment aggregator business

Kunal Shah’s CRED receives in-principle approval for payment aggregator business

New Delhi, April 19 - Credit Card bill payment leader CRED has received the in-principle approval to enter into the payment aggregator business, a media report said on Friday.

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India’s forex reserves dip by $5.4bn after 8-week rise to lifetime high

India’s forex reserves dip by $5.4bn after 8-week rise to lifetime high

Mumbai, April 19 - India's foreign exchange reserves fell by $5.4 billion to $643.16 billion as of April 12, according to the latest weekly data released by the RBI on Friday.

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Wipro net profit dips 8 pc to Rs Rs 2,835 crore in Jan-March quarter

Wipro net profit dips 8 pc to Rs Rs 2,835 crore in Jan-March quarter

Bengaluru, April 19 - IT software major Wipro on Friday reported an 8 per cent net profit of Rs 2,835 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure of Rs 3,074.5 crore in the same period last year.

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Tokyo stocks fall sharply on Middle East tension

Tokyo stocks fall sharply on Middle East tension

Tokyo, April 19 - Tokyo stocks closed sharply lower on Friday, weighed down by the risk-off sentiment stemming from the escalating conflict in the Middle East.

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Air India suspends flights to and from Dubai till April 21

Air India suspends flights to and from Dubai till April 21

New Delhi, April 19 - Suspension of Tata-owned Air India flights to and from Dubai will continue till Sunday, the airline said on Friday.

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Aurionpro Solutions to acquire PaaS startup Arya.ai

Aurionpro Solutions to acquire PaaS startup Arya.ai

New Delhi, April 19 - Aurionpro Solutions on Friday announced the strategic acquisition of banking and insurance-focused PaaS (Platform-as-a-Service) startup Arya.ai to power next-generation enterprise AI platforms for financial institutions globally.

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Air India suspends flights to Tel Aviv till April 30 over Iran-Israel conflict

Air India suspends flights to Tel Aviv till April 30 over Iran-Israel conflict

New Delhi, April 19 - Air India on Friday extended the suspension of its flight services to Israel's capital Tel Aviv till April 30, in the wake of prevailing conflict and tension between Israel and Iran.

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Tesla’s entry to drive infrastructure development, job creation: Indian EV startups

Tesla’s entry to drive infrastructure development, job creation: Indian EV startups

New Delhi, April 19 - As Elon Musk prepares to arrive in India in the next couple of days to announce Tesla’s local manufacturing plans, homegrown Electric Vehicle (EV) startups on Friday said Tesla's entry would drive infrastructure development and job creation.

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Dell launches AI-powered commercial PC portfolio in India

Dell launches AI-powered commercial PC portfolio in India

New Delhi, April 19 - Dell Technologies on Friday launched the new portfolio of commercial artificial intelligence (AI)-powered laptops and mobile workstations in India.

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LG raises $800 million bond for R&D & facility investments

LG raises $800 million bond for R&D & facility investments

Seoul, April 19 - South Korea's tech giant LG Electronics said on Friday it has successfully raised $800 million in a dollar bond deal.

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5-month-old grandson of Infosys’ Narayana Murthy gets richer by Rs 4.2 crore

5-month-old grandson of Infosys’ Narayana Murthy gets richer by Rs 4.2 crore

New Delhi, April 19 - Ekagrah Rohan Murty, the five-month-old grandson of Infosys founder N. R. Narayana Murthy, is set to get richer by at least Rs 4.2 crore as the IT bellwether announced final and special dividends.

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CAG of India inks pact with SAI Bulgaria to enhance audit expertise

CAG of India inks pact with SAI Bulgaria to enhance audit expertise

Sofia, April 19 - The Comptroller and Auditor General of India (CAG) in a step towards fostering international cooperation signed a Memorandum of Understanding (MoU) with SAI Bulgaria, the Bulgarian National Audit Office.

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Prasad, coin collection among items left behind by riders in India: Uber

Prasad, coin collection among items left behind by riders in India: Uber

New Delhi, April 19 - Unique items such as a coin collection, prasad, a Ukulele instrument, and hair trimmer were left behind by Indians in Uber over the last year, the company revealed on Friday.

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Indian Railways to run record 2,742 more trains to clear summer travel rush

Indian Railways to run record 2,742 more trains to clear summer travel rush

New Delhi, April 19 - Indian Railways will operate a record-breaking 9,111 trips across the country to cater to the anticipated surge in travel during the summer season, the Ministry of Railways said on Friday.

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BSE Sensex tanks 389 points, markets spooked by escalation in Middle East tensions

BSE Sensex tanks 389 points, markets spooked by escalation in Middle East tensions

Mumbai, April 19 - BSE Sensex is trading at 72,099 points, down 389 points on Friday as domestic equities continued their losing spree amid escalation in Middle East tensions.

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Oil prices surge in global market amid escalating Iran-Israel tensions

Oil prices surge in global market amid escalating Iran-Israel tensions

New Delhi, April 19 - Oil prices surged by $3 a barrel in the international market on Friday amid reports of Israel launching a missile attack against Iran raising fears of escalating geopolitical tensions that could disrupt crude shipments.

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20 energy firms create alliance for EV charging via UPI-like system in India

20 energy firms create alliance for EV charging via UPI-like system in India

Bengaluru, April 19 - At least 20 energy companies have joined hands to create an alliance for an open energy network called the Unified Energy Interface (UEI), which is a unified payments interface (UPI)-like system for EV charging, the firms said in a

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SK hynix joins TSMC in strengthening high-end chip capabilities

SK hynix joins TSMC in strengthening high-end chip capabilities

Seoul, April 19 - South Korean chipmaker SK hynix said on Friday that it has set up a strategic partnership with Taiwan Semiconductor Manufacturing Company (TSMC) aimed at bolstering its capabilities in producing premium high-bandwidth memory (HBM) chips and advanced packaging technologies.

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Meta introduces most capable Llama 3 AI model

Meta introduces most capable Llama 3 AI model

New Delhi, April 18 - Meta on Thursday introduced Llama 3, its next generation of open source large language model (LLM) in the AI era.

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