Akasa Air inducts two Boeing 737 MAX 8 aircraft, fleet rises to 22

Akasa Air inducts two Boeing 737 MAX 8 aircraft, fleet rises to 22

New Delhi, Jan 3 - Budget airline Akasa Air has inducted two Boeing 737 MAX 8 aircraft, reaching a fleet size of 22 aircraft within 17 months of commencing operations,

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Oil Minister rules out cut in fuel prices

Oil Minister rules out cut in fuel prices

New Delhi, Jan 3 - Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Wednesday that there was no proposal to cut petrol and diesel prices at present as there was “high volatility” in global crude oil prices.

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Rail Vikas Nigam lines up Rs 35,000 cr from REC for big projects

Rail Vikas Nigam lines up Rs 35,000 cr from REC for big projects

New Delhi, Jan 3 - REC has entered into an MoU with Rail Vikas Nigam Ltd (RVNL) to finance up to Rs. 35,000 crore worth infrastructure projects to be executed by RVNL over the next five years, according to an official statement on

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itel launches A70, India’s 1st smartphone with 256GB storage and 12GB (4+8) RAM at just Rs 7,299

itel launches A70, India’s 1st smartphone with 256GB storage and 12GB (4+8) RAM at just Rs 7,299

New Delhi, Jan 3 - itel, the most popular sub-Rs 10,000 smartphone brand in India, on Wednesday launched the country's first phone with 256GB storage and 12GB RAM through memory fusion at just Rs 7,299, marking a significant leap into 2024.

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Hyundai Motor, Kia sales rise to record levels in 2023

Hyundai Motor, Kia sales rise to record levels in 2023

Seoul, Jan 3 - Hyundai Motor, South Korea's biggest carmaker, said on Wednesday that its 2023 sales rose 6.9 per cent from a year earlier, helped by the release of new sport utility vehicle models and eco-friendly cars.

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Brokerages wait for clarity to factor in impact of GST notice on Zomato

Brokerages wait for clarity to factor in impact of GST notice on Zomato

New Delhi, Jan 3 - In a filing to the exchanges, Zomato informed that it has received a show cause notice dated December 26, 2023 from the Directorate General of GST Intelligence, Pune Zonal Unit, JM Financial Institutional Securities said in a report.

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DGCA conducted 5,745 surveillances in 2023

DGCA conducted 5,745 surveillances in 2023

New Delhi, Jan 3 - The Directorate General of Civil Aviation (DGCA) announced that it conducted 5,745 surveillances on airlines, aerodrome operators, approved organizations, aviation personnel in 2023 under its regulatory control to meet the laid down safety obligations.

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Venezuela offers oil to help ONGC Videsh recover $600 mn dues

Venezuela offers oil to help ONGC Videsh recover $600 mn dues

New Delhi, Jan 3 - Venezuela has agreed to give oil to ONGC Videsh to help the Indian public sector company recover its $600 million dues as dividend for the stake that it holds in an oilfield in the Latin American country, Petroleum

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Electric 2-wheeler sales up 17% in India as electrification improves

Electric 2-wheeler sales up 17% in India as electrification improves

New Delhi, Jan 3 - Electric two-wheeler (E2W) sales volume in India rose 17 per cent year-on-year in December as electrification improved after a recent hiatus, a report showed on Wednesday.

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realme’s new mantra for youth in 2024: ‘Make it real’

realme’s new mantra for youth in 2024: ‘Make it real’

New Delhi, Jan 3 - The year 2023 marked a series of remarkable achievements for realme. Celebrating its fifth anniversary, the brand also reached the significant milestone of shipping 200 million smartphones globally.

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RT India brings its first multi-stage integrated advertising campaign to India, challenging mainstream media narratives about nation

RT India brings its first multi-stage integrated advertising campaign to India, challenging mainstream media narratives about nation

New Delhi, Jan 3 - RT India has launched its first major multi-stage integrated India-wide advertising campaign, challenging geopolitical assumptions and the mainstream media’s narratives on India.

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40 companies looking to raise nearly Rs 70,000 cr through IPO let their approval lapse in 2023

40 companies looking to raise nearly Rs 70,000 cr through IPO let their approval lapse in 2023

New Delhi, Jan 3 - The IPO pipeline for 2024 continues to remain strong. 27 companies proposing to raise Rs 28,500 crore are presently holding SEBI approval while another 36 companies looking to raise about Rs 40,500 crore are awaiting SEBI approval, as

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Black Box to accelerate global growth plans with ambitious hiring drive in India

Black Box to accelerate global growth plans with ambitious hiring drive in India

New Delhi, Jan 3 - Black Box Limited, a global Information & Communications Technology (ICT) Solutions Provider, is poised to embark on an exciting phase of growth and plans to expand its innovation and center of excellence within India.

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Of the 57 IPOs in 2023, 41 received mega response of more than 10 times

Of the 57 IPOs in 2023, 41 received mega response of more than 10 times

New Delhi, Jan 3 - A total of 57 Indian corporates raised Rs 49,434 crore through main board IPOs in 2023, 17 per cent lower than the Rs 59,302 crore mobilized by 40 IPOs in 2022, according to Prime Database.

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Palo Alto CEO Nikesh Arora becomes a rare non-founder billionaire

Palo Alto CEO Nikesh Arora becomes a rare non-founder billionaire

San Francisco, Jan 3 - Nikesh Arora, a SoftBank veteran and now the CEO of cybersecurity company Palo Alto Networks, has entered the billionaires’ club after a hefty paycheck he received from the firm.

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AI will be at the forefront of smartphone tech transformation: Industry

AI will be at the forefront of smartphone tech transformation: Industry

New Delhi, Jan 3 - Artificial Intelligence (AI) will significantly transform the IT and technology sector, including upcoming smartphones, in India and will play a crucial role in enhancing battery life, improving camera quality and boosting voice assistant capabilities in future devices, industry

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Motorola appoints TM Narasimhan to lead its India business

Motorola appoints TM Narasimhan to lead its India business

New Delhi, Jan 3 - Motorola Mobility India on Wednesday announced the appointment of T.M Narasimhan as the Managing Director for its Mobile Business Group in the country.

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Samsung to unveil flagship Galaxy S24 series in heart of Silicon Valley

Samsung to unveil flagship Galaxy S24 series in heart of Silicon Valley

San Francisco, Jan 3 - Samsung on Wednesday announced to launch its next flagship Galaxy S24 series, powered by AI, during the ‘Unpacked’ event in the heart of Silicon Valley in the US this month.

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Tesla delivers 1.81 mn cars in 2023, stays behind China’s BYD

Tesla delivers 1.81 mn cars in 2023, stays behind China’s BYD

San Francisco, Jan 2 - Elon Musk-run electric vehicle (EV) company Tesla on Tuesday said it delivered 1.81 million cars in 2023, which is a 38 per cent growth (year-on-year).

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Transactions via UPI cross 100 bn mark in 2023: NPCI

Transactions via UPI cross 100 bn mark in 2023: NPCI

New Delhi, Jan 2 - Transactions via the unified payments interface (UPI) platform surpassed the 100 billion-mark in 2023 to close at around 118 billion, representing 60 per cent growth as compared to 74 billion transactions recorded in 2022.

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