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Tata Sons Chairman N Chandrasekaran steps down. (PTI)
Posted in Business

Tata Sons Chairman N Chandrasekaran resigns ahead of AGM, firm’s stocks tumble

N Chandrasekaran stepped down on Wednesday as chairman of Tata Sons ahead of the company’s annual general meeting, which is scheduled for August 18. Tata…

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Posted in Economy

Kandla Port’s 40-day cargo delays put India’s rice exports at risk

Kolkata: India’s rice exporters are facing a fresh logistical headache, with congestion at Kandla port stretching cargo clearance to 35-40 days and threatening to derail…

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Google WeatherNext AI
Posted in Business

Decoding Workday’s Copy/Paste Economy data and Google DeepMind’s WeatherNext AI

Cognitive warmup. Google DeepMind’s journey towards building relevant AI continues. It now has a model called WeatherNext AI, that will predict tropical cyclones sooner. This…

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A budget sounds harsh and inflexible, but in reality, it is simply a way to measure what you spend.
Posted in Business

Your Money: A budget that quietly builds lasting wealth

Most of us know precisely how much we earn every month. Far fewer can estimate with equal accuracy how much they spend. Can this gap…

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Silicon Valley’s South Park Commons bullish on India's deeptech space
Posted in Startups

Silicon Valley’s South Park Commons bullish on India’s deeptech space

South Park Commons (SPC), the San Francisco-based founder collective and early-stage investor that’s backed unicorns such as Luma AI, Baseten, Cognition AI, and Replit, is…

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Accel raises $550 million for India, keeps early-stage focus as AI reshapes dealflow
Posted in Startups

Accel raises $550 million for India, keeps early-stage focus as AI reshapes dealflow

Accel, an early backer of Flipkart, Swiggy, and Urban Company, has raised $550 million for its ninth India fund, about 15% lesser than its Fund…

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Govt Plans 40% Hike in SC, ST Atrocity Compensation
Posted in Economy

Government proposes 40% hike in SC/ST atrocity compensation to up to Rs 12 lakh

New Delhi: The government has proposed over 40% increase in compensation for Scheduled Caste and Scheduled Tribe victims of atrocities and financial assistance to states…

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Posted in Economy

India’s ‘BBB-‘ rating unchanged: Fitch cites energy shocks, fiscal weakness, but praises growth

New Delhi: Fitch Ratings on Tuesday kept its sovereign credit rating on India unchanged at the lowest investment grade of “BBB-“, with a “stable” outlook….

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Posted in Economy

New foreign investment rule looms over AIFs, foreign investors

Mumbai: The hint of a new regulation is threatening to upturn the best laid plans of hundreds alternative investment funds (AIFs) – pooled vehicles used…

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Posted in Economy

India-SACU trade pact talks to begin by September, conclude within a year

New Delhi: Negotiations for the India-Southern African Customs Union (SACU) trade pact will commence within one month of the signing of the terms of reference…

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