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Could MotoGP Bharat pave the way for the return of Formula 1 to India?

MotoGP Bharat – The popularity of the MotoGP motorcycle racing championship may have prepared the way for Formula 1 to return to India after a nearly decade break. Negotiations to bring the much-anticipated racing event back to the Buddh International Circuit in Uttar Pradesh’s Greater Noida are already underway, according to persons familiar with the […]

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HSBC to acquire Citigroup China consumer wealth business

According to two persons familiar with the situation, HSBC is expected to acquire Citigroup’s China consumer wealth management unit, which handles more than $3 billion in assets, in a huge boost to the London-based bank’s presence in that nation. The purchase, the financial terms of which were not immediately disclosed, will also see Asia-focused HSBC […]

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Zerodha has a new rival! HDFC Securities launches Sky, a discounted broking app

HDFC Securities has developed Sky, a reduced brokerage app, in response to rising retail engagement in Indian markets. While new-age broking apps like as Zerodha, Groww, and Upstox are gaining popularity, HDFC Securities has also introduced its cheap broking app.  According to Dhiraj Relli, Managing Director and CEO of HDFC Securities, HDFC Sky is “an […]

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Strides Pharma to spin off contract development unit, announces swap ratio of 1:2

Strides Pharma Science Ltd, based in Bengaluru, announced on Monday that it will spin off its contract development and manufacturing organization (CDMO) and soft gelatin business into a new entity that would go public in the following 12-16 months.   The new company, dubbed “OneSource,” will employ over 1,200 people and generate revenue of $180 million […]

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Oracle unveils Generative AI features to enhance organizational customer service

Customer service is critical to a company’s success or failure. Recognizing the importance of this for the majority of firms, Oracle has revealed Generative AI-powered solutions to optimize customer service delivery, boost efficiency, and assist organizations in improving the customer experience within Oracle Fusion Cloud Customer Experience (CX). Oracle Fusion Cloud Customer Experience (CX) now […]

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Suzlon Energy bags order for 14 wind turbines; stock stays in the red

Sulzon Energy shares recovered slightly in Friday’s session after the wind turbine manufacturer announced a contract for the creation of a 29.4 MW wind installed capacity for BrightNight’s 100 MW colocated windsolar hybrid project. The leading domestic renewable energy solutions supplier announced plans to deploy 14 units of S120 – 140m wind turbine generators (WTGs) […]

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US firm Micron to have ground-breaking ceremony for chip unit in Gujarat tomorrow

US firm Micron – Union Minister Rajeev Chandrasekhar said on Friday that Micron Technology’s upcoming $2.75 billion facility in India, which will be inaugurated on Saturday in Sanand, Gujarat, signifies tremendous progress in the country’s semiconductor industry.  With the support of the Indian government, this project positions India to become a top-tier participant in sophisticated […]

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Infosys, Nvidia tie up to assist firms in boosting productivity with generative AI

On Wednesday, Indian IT major Infosys Ltd and US chipmaker Nvidia announced an expansion of their strategic relationship with the goal of assisting “enterprises worldwide drive productivity gains with generative AI applications and solutions.” “The expanded partnership will bring the Nvidia AI Enterprise ecosystem of models, tools, runtimes, and GPU systems to Infosys Topaz – […]

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BALCO’s Multidisciplinary Engineering Team: Ensuring Excellence, Quality, Safety and Sustainability

Balconagar; 20th September 2023: BALCO’s Multidisciplinary Engineering Team – Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer and a subsidiary of Vedanta Aluminium, houses a diverse team of engineers, each contributing to the company’s operational excellence through their extensive skills. With their specialized knowledge and expertise, they play crucial roles in different aspects of […]

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Fixed Invest start-up is attempting to disrupt the traditional FD segment

Fixed Invest – Did you know that deposits with banks increased by slightly more than 10% in 2022-23 (FY23), with elderly persons accounting for nearly one-fifth of total deposits and accounting for more than 22% in the term deposit segment?  This is significant because the majority of India’s household savings are still invested in banks, […]

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