L&T Technology Services reports net profit growth, revenue up 7 pc

L&T Technology Services reports net profit growth, revenue up 7 pc

Mumbai, July 18 - L&T Technology Services Ltd (LTTS) on Thursday reported a net profit of Rs 314 crore for the first quarter of the current fiscal (FY25) ended June 30, marking a nearly 1 per cent year-on-year growth.

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Indian smartphone market grows modest 1 pc in April-June: Report

Indian smartphone market grows modest 1 pc in April-June: Report

New Delhi, July 18 - The Indian smartphone market grew just 1 per cent in the April-June quarter (Q2), totalling 36.4 million units shipped, a report showed on Thursday.

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Sensex, Nifty touch all-time record highs amid renewed IT stock buying

Sensex, Nifty touch all-time record highs amid renewed IT stock buying

Mumbai, July 18 - The Indian benchmark indices on Thursday saw a sharp rally over renewed buying in IT stocks, ending up for the fourth straight session while touching a new all-time high.

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Musk again denies donating $45 mn to Trump per month

Musk again denies donating $45 mn to Trump per month

San Francisco, July 19 - Tesla and SpaceX CEO Elon Musk, on Friday, again denied donating $45 million per month to former US president Donald Trump.

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Luxury homes worth crores selling like hot cakes in India this year

Luxury homes worth crores selling like hot cakes in India this year

New Delhi, July 19 - Aligned with the continuous momentum in the real estate industry, the sale of houses costing Rs 4 crore and above went up 27 per cent in the first half of this year.

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Crypto platform WazirX suffers mega cyber breach, loses digital assets worth $234 million

Crypto platform WazirX suffers mega cyber breach, loses digital assets worth $234 million

New Delhi, July 18 - India's leading cryptocurrency exchange WazirX on Thursday said it has suffered a massive data security breach, resulting in the alleged transfer of about $234 million worth of digital assets to a different address, as crypto exchanges continue to

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Rural consumption stocks will benefit from Budget 2024: Expert

Rural consumption stocks will benefit from Budget 2024: Expert

New Delhi, July 18 - The bull market scenario in Indian equity indices is going to end soon, said Chris Wood, Global Equity Strategist at Jefferies in a media report.

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EAM Jaishankar launches first overseas Jan Aushadhi Kendra in Mauritius

EAM Jaishankar launches first overseas Jan Aushadhi Kendra in Mauritius

New Delhi, July 18 - External Affairs Minister (EAM) S. Jaishankar has launched the first overseas Jan Aushadhi Kendra in Mauritius.

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Novel medication more effective for patients with relapsed blood cancer

Novel medication more effective for patients with relapsed blood cancer

New Delhi, July 18 - The hematopoietic cell transplant team at Osaka Metropolitan University Graduate School of Medicine has developed a novel technique based on a new drug combination that has shown considerable anti-cancer activity with low toxicity for relapsed/refractory acute myeloid leukemia

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Union Budget: Experts for boosting digital health infra, higher GDP allocation

Union Budget: Experts for boosting digital health infra, higher GDP allocation

New Delhi, July 18 - Higher GDP allocation for healthcare and advances in digital health infrastructure is imperative, said experts ahead of the Union Budget.

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Elon Musk bats for CO2 tax to tackle climate change crisis

Elon Musk bats for CO2 tax to tackle climate change crisis

New Delhi, July 18 - Elon Musk, the billionaire CEO of SpaceX and Tesla, has advocated for a carbon dioxide tax to confront the ongoing climate change crisis.

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GDP to grow at 7 pc for FY25, budget to focus on taxation reforms, new jobs: FICCI report

GDP to grow at 7 pc for FY25, budget to focus on taxation reforms, new jobs: FICCI report

New Delhi, July 18 -Leading industry chamber FICCI on Thursday projected an annual median GDP growth forecast for the year 2024-25 at 7 per cent, adding that Union Budget 2024-25 should focus on taxation reforms, employment generation, innovation and sustainable development.

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Sanofi Healthcare to invest Rs 3,600 crore in Hyderabad GCC by 2030

Sanofi Healthcare to invest Rs 3,600 crore in Hyderabad GCC by 2030

New Delhi, July 18 - French drug major Sanofi Healthcare India has announced plans to make an investment of about Rs 3,600 crore (400 million euros) in its Global Capacity Centre (GCC) in Hyderabad over the next six years.

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VIPER moon rover cancelled over budget concerns: NASA

VIPER moon rover cancelled over budget concerns: NASA

New Delhi, July 18 - After spending $450 million on the Volatiles Investigating Polar Exploration Rover (VIPER) moon rover programme, NASA on Thursday announced cancelling the mission over budget concerns.

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77 pc Indian startups now invest in AI, small cities brimming with tech skill pool

77 pc Indian startups now invest in AI, small cities brimming with tech skill pool

Mumbai, July 18 - More than 77 per cent of Indian startups now invest in advanced technologies such as artificial intelligence (AI), machine learning (ML), internet of things (IoT) and blockchain, a report showed on Thursday.

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Centre convenes high-level meeting to manage, raise surveillance on bird flu

Centre convenes high-level meeting to manage, raise surveillance on bird flu

New Delhi, July 17 - Amid the growing threat of Avian Influenza, commonly known as bird flu, and the looming risk of spillover to humans, the Union government convened a high-level session to step up a coordinated and comprehensive approach.

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‘India most sought-after destination for medical tourism, preventive healthcare’

‘India most sought-after destination for medical tourism, preventive healthcare’

New Delhi, July 17 - India is the most sought-after destination for medical tourism and preventive healthcare, said Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, on Wednesday.

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Monsoons may trigger brain infections in Indians living in coastal areas, rice belts

Monsoons may trigger brain infections in Indians living in coastal areas, rice belts

Faridabad, July 17 - Children and the elderly living in coastal and rice belt regions of India are highly vulnerable for viral encephalitis and other brain infections during monsoon, said a neurologist at Amrita Hospital, Faridabad on Wednesday.

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1 in 2 Indian SMEs leveraging Cloud for business expansion: Report

1 in 2 Indian SMEs leveraging Cloud for business expansion: Report

New Delhi, July 17 - Fuelled by India's growing digital acceleration, one in two small and medium enterprises (SMEs) are leveraging Cloud for their business expansion, a report revealed on Wednesday.

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LG targets over $725 million in sales from smart factory solutions by 2030

LG targets over $725 million in sales from smart factory solutions by 2030

Seoul, July 18 - LG Electronics said on Thursday it aims to achieve over 1 trillion won ($725.2 million) in sales from its smart factory solution business by 2030, leveraging its artificial intelligence technologies and manufacturing expertise.

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