Economy

Mumbai:  Revenue of diagnostics companies are set to rise 17-20 per cent this fiscal as a surge in revenue from regular tests will offset a moderation in revenue from Covid-19 tests because of the price caps progressively imposed since last…
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Seoul: LG Electronics on Wednesday introduced a Cloud-powered remote healthcare solution for hospitals as the tech giant eyes to expand its presence in the telehealth market. LG said its remote healthcare solution with medical-use…
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New Delhi:  Gillette India on Tuesday reported a 35 per cent rise in its net profit for the year ended June 30, 2021, at Rs 310 crore. The company attributes the rise in sales to strong sales, growth, productivity, and savings.…
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New Delhi:  Xiaomi is reportedly dropping the 'Mi' branding from its products and it is said to simply use ‘Xiaomi' in the future, the media reported. The move was reportedly signalled by the recent launch of the company's new product,…
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New Delhi:  Samsung is tipped to announce pre-bookings for its newly-launched Galaxy Watch4, Galaxy Watch4 Classic and Galaxy Buds2 in India this week, industry sources told IANS on Tuesday. The Galaxy Watch4 is likely to start retailing…
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New Delhi:  In what may offer relief to multinational corporations looking to expand their business with India without having a physical presence in the country, a ruling by Authority has exempted liaison offices of MNCs from levy of goods…
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New Delhi:  India's GDP growth rate for FY22 is likely to be in double digits on the back of robust performance of country's tradables sector and a much smaller-than-expected decline in services activity due to pandemic disruptions this…
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Mumbai:  Bajaj Finserv has said that it has received an in-principle approval from SEBI to sponsor a mutual fund. Following the approval, it will now set up an asset management company. It has received the in-principle approval from…
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Bengaluru:  Tech giant IBM on Tuesday unveiled details of the upcoming new IBM Telum Processor, designed to bring deep learning inference to enterprise workloads to help address fraud in real-time. Telum is IBM's first processor that…
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Mumbai:  The Indian stock market traded on a positive note on Tuesday morning tracking a similar trend in the global markets. The rise in the domestic indices was led by metal and oil and gas stocks. Around 10.25 a.m., Sensex was…
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