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AI To Help Indian Pharma Industry To Pivot On Innovation, Reach 130 Billion In Size By 2030
Technological advancements like AI, machine learning and precision medicine are set to revolutionise drug discovery, manufacturing and patient care.
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ISRO Chief S Somanath Expects Budget Requirement to Grow by Up to 30 Percent in Coming Years
The government has allotted nearly 130 billion rupees ($1.55 billion) to India's space department this year. Asked how much he expected funding to increase,ISRO chief Somanath said "something like an additional 20-30%", though "over a long period of time".
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Binance Prevented $2.4 Billion in Losses in H1 2024, 45 Percent Were Linked to Scams: Report
Binance has reportedly managed to avert $2.4 billion (roughly Rs. 20,130 crore) in losses between January and July this year. Out of the total saved, withdrawals linked to suspected crypto scams made up over $1.1 billion (roughly Rs. 9,227 crore), which is about 45 percent of the total amount.
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Tata to Build Rs. 130 Billion Electric Vehicle Battery Plant in Gujarat
India’s Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs. 130 billion rupees. Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-ve...
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Apple Supplier Foxconn to Start iPhone Production in Bengaluru Plant by April 2024
Apple supplier Foxconn will start manufacturing iPhones in Karnataka by April 2024, the state government said on Thursday. The land for the factory would be handed over to Foxconn by July 1. The project, valued at Rs. 130 billion, is expected to create around 50,000 jobs.
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SBI Resolves Technical Glitch Impacting Online Banking Services for 'Few Hours', Issues Statement
State Bank of India (SBI) admitted to a "technical glitch" on Monday that impacted its online banking services for a few hours. SBI customers complained of inability to access the bank's Yono banking app and also undertake any banking transactions online, while some were unable to access the bank's services since late last week.
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Flipkart Big Billion Days Sale 2022 From September 23: Deals, Discounts, Launches, More
Flipkart Big Billion Days Sale 2022 will begin from September 23 and will go on till September 30. The sale will offer 10 percent discounts as a part of bank offers. There will be an ‘open box delivery’ on select high value products such as mobiles and electronics. The e-commerce platform's sale coincides with the start of the Amazon Great Indi...
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RBI Likely To Set 7.23% Cutoff Yield On New 10-Year Bond: Report
The Reserve Bank of India will likely set a cutoff yield of 7.23% on 130 billion rupees ($1.63 billion) of the new 10-year bond being auctioned on Friday, according to the median estimates in a Reuters poll of 11 traders.
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Reliance Jio Adds 130 Million Subscribers YoY, Data Traffic Up 46 Percent to 91 Billion GB: Details
Reliance Jio remained the country’s largest digital services platform with a subscriber base of 410.2 million users, including both fixed broadband and mobile services at the end of March, while the number of subscribers grew to 419.9 million by June, the company announced in its annual report.
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Crypto Investors' Profit Jumped by $130 Billion In 2021: Report
Most of those who gained from the crypto rally last year were from the US, followed by investors in the UK and Germany.
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Nvidia Preparing to Walk Away From $40-Billion Arm Acquisition: Report
Nvidia is preparing to abandon its purchase of Arm from SoftBank Group after offering about $40 billion (roughly Rs. 2,99,130 crore) for the British company in 2020, Bloomberg News reported on Tuesday, citing people familiar with the matter.
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Cars24 Nearly Doubles Valuation To Over $1.8 Billion After Fund Raise
Cars24 was founded in 2015 and dominates over 90 per cent of the country's online used-car marketplace, with operations across more than 130 cities in India.
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MicroStrategy CEO Michael Saylor Bullish on Bitcoin Despite Paper Loss
Bitcoin's largest corporate investor MicroStrategy has decided to continue to pour money into its “digital asset strategy” despite taking a loss. The US-based business intelligence software developer said the current value of its Bitcoin holdings was $2.051 billion (roughly Rs. 15,255 crores), that was a cumulative impairment loss of $689.60 mi...
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"Plan To Cover 25 Crore By Next July": Health Minister On Covid Vaccine
The government plans to provide Covid vaccines to around 25 crore (250 million) people - of the country's 130 crore (1.3 billion) - by July 2021, Union Health Minister Dr Harsh Vardhan said Sunday afternoon
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Sony Beats Estimates on Gaming, Entertainment Amid Lockdown
Sony on Tuesday reported a 1.1 percent decline in first-quarter operating profit, much milder than market estimates as its gaming business thrived while consumers locked down at home looked for entertainment and downloaded more games. The electronics and entertainment firm posted April-June profit of JPY 228.4 billion ($2.15 billion), versus JPY 23...
-
AI To Help Indian Pharma Industry To Pivot On Innovation, Reach 130 Billion In Size By 2030
Technological advancements like AI, machine learning and precision medicine are set to revolutionise drug discovery, manufacturing and patient care.
-
ISRO Chief S Somanath Expects Budget Requirement to Grow by Up to 30 Percent in Coming Years
The government has allotted nearly 130 billion rupees ($1.55 billion) to India's space department this year. Asked how much he expected funding to increase,ISRO chief Somanath said "something like an additional 20-30%", though "over a long period of time".
-
Binance Prevented $2.4 Billion in Losses in H1 2024, 45 Percent Were Linked to Scams: Report
Binance has reportedly managed to avert $2.4 billion (roughly Rs. 20,130 crore) in losses between January and July this year. Out of the total saved, withdrawals linked to suspected crypto scams made up over $1.1 billion (roughly Rs. 9,227 crore), which is about 45 percent of the total amount.
-
Tata to Build Rs. 130 Billion Electric Vehicle Battery Plant in Gujarat
India’s Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs. 130 billion rupees. Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-ve...
-
Apple Supplier Foxconn to Start iPhone Production in Bengaluru Plant by April 2024
Apple supplier Foxconn will start manufacturing iPhones in Karnataka by April 2024, the state government said on Thursday. The land for the factory would be handed over to Foxconn by July 1. The project, valued at Rs. 130 billion, is expected to create around 50,000 jobs.
-
SBI Resolves Technical Glitch Impacting Online Banking Services for 'Few Hours', Issues Statement
State Bank of India (SBI) admitted to a "technical glitch" on Monday that impacted its online banking services for a few hours. SBI customers complained of inability to access the bank's Yono banking app and also undertake any banking transactions online, while some were unable to access the bank's services since late last week.
-
Flipkart Big Billion Days Sale 2022 From September 23: Deals, Discounts, Launches, More
Flipkart Big Billion Days Sale 2022 will begin from September 23 and will go on till September 30. The sale will offer 10 percent discounts as a part of bank offers. There will be an ‘open box delivery’ on select high value products such as mobiles and electronics. The e-commerce platform's sale coincides with the start of the Amazon Great Indi...
-
RBI Likely To Set 7.23% Cutoff Yield On New 10-Year Bond: Report
The Reserve Bank of India will likely set a cutoff yield of 7.23% on 130 billion rupees ($1.63 billion) of the new 10-year bond being auctioned on Friday, according to the median estimates in a Reuters poll of 11 traders.
-
Reliance Jio Adds 130 Million Subscribers YoY, Data Traffic Up 46 Percent to 91 Billion GB: Details
Reliance Jio remained the country’s largest digital services platform with a subscriber base of 410.2 million users, including both fixed broadband and mobile services at the end of March, while the number of subscribers grew to 419.9 million by June, the company announced in its annual report.
-
Crypto Investors' Profit Jumped by $130 Billion In 2021: Report
Most of those who gained from the crypto rally last year were from the US, followed by investors in the UK and Germany.
-
Nvidia Preparing to Walk Away From $40-Billion Arm Acquisition: Report
Nvidia is preparing to abandon its purchase of Arm from SoftBank Group after offering about $40 billion (roughly Rs. 2,99,130 crore) for the British company in 2020, Bloomberg News reported on Tuesday, citing people familiar with the matter.
-
Cars24 Nearly Doubles Valuation To Over $1.8 Billion After Fund Raise
Cars24 was founded in 2015 and dominates over 90 per cent of the country's online used-car marketplace, with operations across more than 130 cities in India.
-
MicroStrategy CEO Michael Saylor Bullish on Bitcoin Despite Paper Loss
Bitcoin's largest corporate investor MicroStrategy has decided to continue to pour money into its “digital asset strategy” despite taking a loss. The US-based business intelligence software developer said the current value of its Bitcoin holdings was $2.051 billion (roughly Rs. 15,255 crores), that was a cumulative impairment loss of $689.60 mi...
-
"Plan To Cover 25 Crore By Next July": Health Minister On Covid Vaccine
The government plans to provide Covid vaccines to around 25 crore (250 million) people - of the country's 130 crore (1.3 billion) - by July 2021, Union Health Minister Dr Harsh Vardhan said Sunday afternoon
-
Sony Beats Estimates on Gaming, Entertainment Amid Lockdown
Sony on Tuesday reported a 1.1 percent decline in first-quarter operating profit, much milder than market estimates as its gaming business thrived while consumers locked down at home looked for entertainment and downloaded more games. The electronics and entertainment firm posted April-June profit of JPY 228.4 billion ($2.15 billion), versus JPY 23...
