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Saudi Aramco to Invest $75 Billion in India's Reliance August 12, 2019 16:27

Saudi Aramco to Invest $75 Billion in India's Reliance:- In the largest-ever foreign investments in India, Reliance Industries Ltd is selling a 20 percent stake in its oil to chemicals business to Saudi Aramco, Reliance…

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Microsoft Invests 1 Billion USD on OpenAI July 23, 2019 14:31

Microsoft Invests 1 Billion USD on OpenAI:- Tech giant Microsoft announced that they are investing 1 billion USD in Artificial Intelligence (AI) based start-up called OpenAI. They would jointly develop new supercomputing technologies on Microsoft's…

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Mukesh Ambani Hasn't Got Any Hike From The Past 11 Years July 20, 2019 14:45

Mukesh Ambani Hasn't Got Any Hike From The Past 11 Years:- India's richest businessman Mukesh Ambani hasn't got any salary hike from the past eleven years which is a surprise. His salary is capped at…

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Swiggy to Raise Funds up to 500 Million USD July 16, 2019 16:08

Swiggy to Raise Funds up to 500 Million USD:- Online food delivery giant Swiggy is one of the leading delivery platforms of the country. They are currently in talks with a bunch of investors to…

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OYO is the Third-Largest Hotel Chain in the World July 11, 2019 16:02

OYO is the Third-Largest Hotel Chain in the World:- OYO Hotels and Homes is now the third-largest hotel chain in the world as per the room count as per June 2019. OYO expanded its wings…

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Mobile Business Dues: Tata Settles 7.3 Billion USD July 09, 2019 16:44

Mobile Business Dues: Tata Settles 7.3 Billion USD:- India based Tata Group paid Rs 500 billion which is equal to 7.3 billion USD to the lenders and the government. This will help them complete the…

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7% GDP Growth in 2019-20 Says Economic Survey July 04, 2019 18:32

7% GDP Growth in 2019-20 Says Economic Survey:- The Economic Survey that is tabled in Parliament revealed that the projected GDP (Gross Domestic Product) growth at 7%. Union Finance Minister Nirmala Sitharaman revealed this during…

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Flipkart Shares Worth Rs 531 Cr Sold to Walmart June 24, 2019 13:10

Flipkart Shares Worth Rs 531 Cr Sold to Walmart:- Binny Bansal, the co-founder of Flipkart, India's leading e-tailer sold 54 lakh of his equity shares to Walmart's Luxembourg entity FIT Holdings SARL. The shares are…

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RBI Cuts Repo Rate by 25 bps to 5.75% June 06, 2019 17:24

RBI Cuts Repo Rate by 25 bps to 5.75%:- The Reserve Bank of India (RBI) monetary policy committee today unanimously cut repo rate. It is the rate at which it lends to banks. The repo…

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RBI Extends RTGS Timings Till 6 PM May 29, 2019 13:02

RBI Extends RTGS Timings Till 6 PM:- The Reserve Bank of India took a crucial decision after the timings for the funds transfer through RTGS have been extended till 6 PM for the general public…

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Ex-Infosys CEO Vishal Sikka Starts Vian Systems May 22, 2019 12:02

Vishal Sikka, the former CEO of Infosys floated a startup named Vian Systems and has raised a capital of 50 million USD already. Vian Systems is registered in Palo Alto, California and it had made…

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Mastercard to Invest 1 Billion USD in India May 17, 2019 09:48

Mastercard to Invest 1 Billion USD in India:- Mastercard has been in plans of massive investment in India through fintech startups. A lavish office is setup and Mastercard would operate from Hyderabad soon. Though much…

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