Salaries delayed for Byju’s 20,000 employees, CEO blames investors

Salaries delayed for Byju’s 20,000 employees, CEO blames investors

New Delhi, March 2 - Edtech major Byju's is yet to process the salaries of its employees for the month of February as the amount raised through the rights issue is currently locked in a separate account "at the behest" of some key

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Nifty records all-time high

Nifty records all-time high

New Delhi, March 2 - Nifty regained strength with a strong bullish candle formation to record an all-time high crossing the 22300 zone with sentiment and bias turned strong, says Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher.

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Must take permission before launching AI models, safeguard electoral process: Centre to Big Tech

Must take permission before launching AI models, safeguard electoral process: Centre to Big Tech

New Delhi, March 2 - The Centre on Saturday came down hard on big internet and social media platforms on the misuse of AI, saying all intermediaries must not permit any bias or discrimination or threaten the integrity of the electoral process, and

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Reinstate Bharatmatrimony, Info Edge, Shaadi.com, TrulyMadly: IAMAI tells Google

Reinstate Bharatmatrimony, Info Edge, Shaadi.com, TrulyMadly: IAMAI tells Google

New Delhi, March 2 - The Internet and Mobile Association of India (IAMAI) on Saturday slammed removal of Indian companies' apps and asked Google to reinstate those delisted apps on its Play Store.

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‘Anytime’: Sam Altman responds to old X thread after Elon Musk sues OpenAI

‘Anytime’: Sam Altman responds to old X thread after Elon Musk sues OpenAI

New Delhi, March 2 - OpenAI CEO Sam Altman has responded to an old X thread of a brief conversation he had with Elon Musk after the tech billionaire sued the ChatGPT maker, alleging that the company breached their original contractual agreements around

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India can notch true economic potential with more women in workforce: US Consul-General

India can notch true economic potential with more women in workforce: US Consul-General

Ujjain (Madhya Pradesh), March 1 - India cannot achieve its true economic potential without the greater inclusion of women in the formal workforce, US Consul-General in Mumbai, Mike Hankey, said here on Friday.

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India will be fabricating 300 crore semiconductor chips in a year: IT Minister

India will be fabricating 300 crore semiconductor chips in a year: IT Minister

New Delhi, March 2 - The country will not only meet its demand for semiconductors by 2029 but also start exporting them, while fabricating “300 crore semiconductor chips in a year”, Union Electronics and IT Minister Ashwini Vaishnaw has said.

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Paytm Payments Bank receives FIU ‘direction’ over a discontinued business segment

Paytm Payments Bank receives FIU ‘direction’ over a discontinued business segment

New Delhi, March 1 - Paytm Payments Bank Limited (PPBL) on Friday faced a penalty from the Financial Intelligence Unit-India (FIU-IND). The agency has imposed a monetary penalty of Rs 5.49 crore on the company's associate entity.

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Nirmala Sitharaman launches Rs 1,000 cr worth infra projects

Nirmala Sitharaman launches Rs 1,000 cr worth infra projects

New Delhi, March 1 - Union Finance Minister Nirmala Sitharaman on Friday virtually launched seven infrastructure projects worth over Rs 1,000 crore that include residential and office complexes for government officials.

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Financial Intelligence Unit slaps Rs 5.49 cr penalty on Paytm Payments Bank

Financial Intelligence Unit slaps Rs 5.49 cr penalty on Paytm Payments Bank

New Delhi, March 1 - The Financial Intelligence Unit-India (FIU-IND) has imposed a penalty of Rs 5.49 crore on Paytm Payments Bank Ltd for violations of money laundering prevention rules, the Union Finance Ministry said on Friday.

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97.62 pc of Rs 2000 banknotes returned to banking system: RBI

97.62 pc of Rs 2000 banknotes returned to banking system: RBI

Mumbai, March 1 - The Reserve Bank of India (RBI) said on Friday that nearly 97.62 per cent of the Rs 2000 banknotes in circulation have been returned to the banking system.

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Industrial conclave to make Ujjain new business hub in MP: Jyotiraditya Scindia

Industrial conclave to make Ujjain new business hub in MP: Jyotiraditya Scindia

Bhopal, March 1 - Civil Aviation Minister Jyotiraditya Scindia said on Friday that the two-day regional industrial conclave in Ujjain (March 1-2) will pave the way for the exclusive growth of Madhya Pradesh.

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Google trying to intimidate Indian developers with its exploitative policies: ADIF

Google trying to intimidate Indian developers with its exploitative policies: ADIF

New Delhi, March 1 - The Alliance of Digital India Foundation (ADIF), a policy think-tank representing homegrown startups, on Friday slammed Google, saying that by delisting apps, Google is trying to "intimidate and coerce the developers" who have dared to challenge its "exploitative

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NBCC sells Rs 830 crore worth commercial space at WTC in Delhi

NBCC sells Rs 830 crore worth commercial space at WTC in Delhi

New Delhi, March 1 - NBCC (India) Ltd, in the 24th e-auction, has sold approximately 2 lakh square feet of commercial space for approximately Rs 830 crore in the World Trade Centre (WTC) project at Nauroji Nagar in the national capital, the construction

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8 big investment funds exploring investment in telecom sector: Ashwini Vaishnaw

8 big investment funds exploring investment in telecom sector: Ashwini Vaishnaw

New Delhi, March 1 - Union Communications and IT Minister Ashwini Vaishnaw on Friday said that at least eight large investment firms are looking to explore opportunities in the telecom sector amid rapid digital transformation and new opportunities.

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In a first, India exports pomegranates by sea to USA

In a first, India exports pomegranates by sea to USA

New Delhi, March 1 - India has successfully flagged off its first commercial trial shipment of pomegranates to the US via sea under the aegis of Agricultural Processed Food Products Export Development Authority (APEDA) from Vashi in Navi Mumbai, the Commerce Ministry said

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Meta purged over 22 mn pieces of bad content on FB, Insta in India in Jan

Meta purged over 22 mn pieces of bad content on FB, Insta in India in Jan

New Delhi, March 1 - Meta said that it took down over 17.8 million pieces of bad content across 13 policies for Facebook and over 4.8 million pieces of objectionable content across 12 policies for Instagram in India in January.

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Centre approves Rs 766 crore for highway projects in Goa

Centre approves Rs 766 crore for highway projects in Goa

New Delhi, New Delhi - Union Minister for Road Transport and Highways Nitin Gadkari has approved an outlay of Rs 766.42 crore for the construction and strengthening of various National Highways projects in Goa.

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Sensex zooms by over 1,200 points on robust GDP numbers

Sensex zooms by over 1,200 points on robust GDP numbers

Mumbai, March 1 - The BSE Sensex gained a whopping 1,200 points on Friday on the back of a robust set of GDP numbers.

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GST collections in Feb rise 12.5% to cross Rs 1.68 lakh crore

GST collections in Feb rise 12.5% to cross Rs 1.68 lakh crore

New Delhi, March 1 - Gross Goods and Services Tax (GST) revenue collections for February rose by a robust 12.5 per cent year-on-year in February to Rs 1,68,337 crore, according to figures released by the Finance Ministry on Friday.

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