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Oil prices rise as Middle East tensions threaten global crude supplies. (MINT FIle photo)
Posted in Business

Oil prices surge 3%: Why Brent is nearing $100 as Middle East war risks grow

Oil prices climbed to multi-week highs on Tuesday as fears of a wider Middle East conflict grew. Brent crude rose to around $99 a barrel,…

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GalaxEye: Indian space startup GalaxEye wins US patent for satellite imaging technology
Posted in Startups

GalaxEye: Indian space startup GalaxEye wins US patent for satellite imaging technology

Indian space technology startup GalaxEye said on Tuesday it had secured a U.S. patent for a system that synchronises optical and radar sensors on satellites,…

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The cuts have affected director-level officials and team leads at the headquarters, besides branch and area managers working across Samsung’s operating branches. (Bloomberg)
Posted in Business

Samsung India lays off 100 executives as electronics business under pressure: Report

Samsung India is reportedly cutting its workforce as its consumer electronics business faces heat due to rising input costs, weaker sales, and margin pressure. The…

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While it is true that AI is disrupting corporate software, the incumbents are mounting a defense. And they have a lot more staying power than it might seem.
Posted in Business

AI Is Disrupting Software Companies—but Not as Fast as Many Feared

Not too long ago, Salesforce and other corporate-software companies were getting punished by investors convinced that their expensive off-the-shelf products would soon be replaced with…

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Posted in Economy

Russia reveals India’s big asks ahead of Modi-Putin meet: Su-57 tech, nuclear plants and more

Prime Minister Narendra Modi is likely to hold a bilateral meeting with Russian President Vladimir Putin on September 11, on the sidelines of the BRICS…

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Whatfix: Whatfix appoints cofounder Vara Kumar as CEO after Khadim Batti’s death
Posted in Startups

Whatfix: Whatfix appoints cofounder Vara Kumar as CEO after Khadim Batti’s death

Enterprise software startup Whatfix has appointed cofounder Vara Kumar as its chief executive officer, effective immediately, following the sudden death of cofounder and CEO Khadim…

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Posted in Economy

‘Historic achievement for 21st-century India’: PM Modi inaugurates Rs 35,000 crore development projects in Vadodara

Prime Minister Narendra Modi on Tuesday inaugurated, dedicated and laid the foundation stones for development projects worth more than Rs 35,000 crore in Vadodara, including…

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Iztri funding: Iztri raises Rs 10 crore funding from All In Capital, Suashish Group, others
Posted in Startups

Iztri funding: Iztri raises Rs 10 crore funding from All In Capital, Suashish Group, others

On-demand fabric care startup Iztri has raised Rs 10 crore (about $1.1 million) in a funding round led by All In Capital and Suashish Group….

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Posted in Economy

Canada’s retaliatory tariffs take effect as US trade talks stall

OTTAWA: Canada’s retaliatory tariffs on U.S. goods took effect just after midnight on Tuesday as Prime Minister Mark Carney increased economic pressure on his country’s…

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A man touches the stairs as he arrives at the Bombay Stock Exchange (BSE) building in Mumbai (REUTERS/File)
Posted in Business

Subdued start for Sensex, Nifty with crude threats, global tension impacting markets

Indian stock market indices Sensex and Nifty opened lower on Tuesday, September 8, after closing at six-week lows in the previous session, as sentiment remained…

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