The Economic Time
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Ola to deploy 10,000 electric scooters in two months, scale up service across India by December
With the deployment of these vehicles, Ola claims to have the largest EV 2W fleet in the country. The company will scale up the e-Bike services...
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Tesla recalling nearly 200,000 vehicles due to software glitch
The recall covers certain Models Y, S and X from the 2023 model year. All are equipped with "Full Self-Driving" computer 4.0 and run software...
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Create brands that offer 10% more value than promised to customers: Narayana Murthy
Speaking at the annual conference of Venous Association of India in Mysuru, Infosys founder N R Narayana Murthy said stressed that price is what a...
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PayPal to launch AI-based products as new CEO aims to revive share price
New CEO Alex Chriss has called 2024 a "transition year" for PayPal, and has promised to grow revenues beyond transaction-related volume. Investors...
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Ola founder Bhavish Aggarwal's Krutrim AI turns unicorn with $50 million funding from Matrix, others
This is the first equity round in the firm. In October last year, Krutrim had raised $24 million in debt from Matrix Partners.
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Warburg-backed Perfios weighing $500 million IPO
Perfios Software Solutions Pvt is considering a $500 million initial public offering (IPO) in India. The IPO could value the company at $2...
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Foxconn chairman Young Liu receives Padma Bhushan; calls it 'affirmation of collaboration' with India
Young Liu, the chief executive officer of Taiwanese contract manufacturing giant Foxconn, on Friday said he was "deeply honoured" to be conferred...
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OpenAI’s Sam Altman to meet chipmakers Samsung, SK Hynix execs on January 26
Sam Altman is trying to raise billions of dollars for a chip venture for setting up a network of factories that will manufacture semiconductors,...
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RBI’s tokenisation play for CBDCs; Flipkart chief on profitability
Happy Republic Day! To widen the use cases and adoption of CBDC, the Reserve Bank of India (RBI) is exploring the tokenisation of government bonds...
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Shein backers offer to sell at 30% discount as IPO prospects dim
Shein investors are trying to sell shares in private market deals that value the online fashion giant at as low as $45 billion, reflecting...