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Security Guard's Job To 400-Crore Empire: Bihar Poll Pick's Inspiring Tale
From working as a security guard in Delhi to leading a company with a turnover of Rs 400 crore, Bihar industrialist Niraj Singh's journey is straight out of a movie script. The 38-year-old is now gearing up for the next leg of his inspirational story
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Amazon Sale 2025: Top Deals on Gaming Headsets Under Rs. 5,000 From Logitech, Razer, Ant Esports, and More
Amazon Great Indian Festival Sale 2025 is offering great discounts on a range of electronics like headphones, smart TVs, phones, smartwatches, true wireless stereo (TWS) headsets, home appliances, washing machines, refrigerators, PCs, and laptops. The sale event is in its second week. The company recently announced that in the first two days of the...
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Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato
Chinese payments group Alipay plans to sell its 3.4 percent stake in Indian food delivery giant Zomato for nearly $400 million (nearly Rs. 3,333 crore) through block deals on Indian stock exchanges, according to three sources and a Reuters review of the deal's term sheet. Alipay, owned by Ant Group, will offload its entire 3.44 percent stake in the...
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Adobe, Figma $20 Billion Deal to Face Full-Scale EU Antitrust Probe After Preliminary Review
Adobe's $20 billion (roughly Rs. 1,63,400 crore) bid for cloud-based designer platform Figma will reportedly face a full-scale EU antitrust investigation following EU regulators' preliminary review. The move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.
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Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
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UK to Ban Cold Calling for Crypto, Insurance Deals to Zero Down on Fraud Activities Draining Billions
UK may soon stop merchants from cold calling their potential customers. The decision is nudged by the rising numbers of financial fraud cases in the nation. UK’s National Crime Agency (NCA) has estimated that the nationals there could be losing up to GBP 7 billion (roughly Rs. 71,648 crore) annually to these telecom-powered financial frauds.
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FTX Agrees to Sell LedgerX for $50 Million, to Seek Bankruptcy Court Approval on May 4
FTX on Tuesday announced that it had reached an agreement to sell LedgerX, the bankrupt crypto exchange's crypto derivatives platform to an affiliate of Miami International Holdings. The crypto firm will seek approval for the sale of its platform in a deal worth $50 million (roughly Rs. 400 crore) in a US bankruptcy court on May 4.
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Google Said to Have Invested $400 Million in OpenAI's ChatGPT Rival Anthropic
Google is said to have invested almost $400 million (roughly Rs. 3,299 crore) in artificial intelligence startup Anthropic, which is testing a rival to OpenAI’s ChatGPT. Google and Anthropic separately announced a partnership in which Anthropic will use Google’s cloud computing services.
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Microsoft Said to Have Offered No Remedies in EU Antitrust Review of Activision Deal
Microsoft's has not offered any remedies to EU antitrust regulators reviewing its proposed $69 billion (nearly Rs. 5,71,400 crore) bid for Call of Duty maker Activision Blizzard ahead of an expected full-scale EU probe, a person familiar with the matter said on Monday. The US software company is betting on the acquisition to help it compete bett...
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Twitter Confirms Intent to Close Elon Musk's Takeover Offer at Original Price
Twitter said on Tuesday that Tesla CEO Elon Musk had sent the company a letter that he intended to complete the takeover agreed upon earlier this year, seeking to acquire the platform for $44 billion (roughly Rs. 3,58,300 crore). The microblogging service announced via a tweet that it intends to close the offer at the original price of $54.20 (roug...
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Security Guard's Job To 400-Crore Empire: Bihar Poll Pick's Inspiring Tale
From working as a security guard in Delhi to leading a company with a turnover of Rs 400 crore, Bihar industrialist Niraj Singh's journey is straight out of a movie script. The 38-year-old is now gearing up for the next leg of his inspirational story
-
Amazon Sale 2025: Top Deals on Gaming Headsets Under Rs. 5,000 From Logitech, Razer, Ant Esports, and More
Amazon Great Indian Festival Sale 2025 is offering great discounts on a range of electronics like headphones, smart TVs, phones, smartwatches, true wireless stereo (TWS) headsets, home appliances, washing machines, refrigerators, PCs, and laptops. The sale event is in its second week. The company recently announced that in the first two days of the...
-
Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato
Chinese payments group Alipay plans to sell its 3.4 percent stake in Indian food delivery giant Zomato for nearly $400 million (nearly Rs. 3,333 crore) through block deals on Indian stock exchanges, according to three sources and a Reuters review of the deal's term sheet. Alipay, owned by Ant Group, will offload its entire 3.44 percent stake in the...
-
Adobe, Figma $20 Billion Deal to Face Full-Scale EU Antitrust Probe After Preliminary Review
Adobe's $20 billion (roughly Rs. 1,63,400 crore) bid for cloud-based designer platform Figma will reportedly face a full-scale EU antitrust investigation following EU regulators' preliminary review. The move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.
-
Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
-
UK to Ban Cold Calling for Crypto, Insurance Deals to Zero Down on Fraud Activities Draining Billions
UK may soon stop merchants from cold calling their potential customers. The decision is nudged by the rising numbers of financial fraud cases in the nation. UK’s National Crime Agency (NCA) has estimated that the nationals there could be losing up to GBP 7 billion (roughly Rs. 71,648 crore) annually to these telecom-powered financial frauds.
-
FTX Agrees to Sell LedgerX for $50 Million, to Seek Bankruptcy Court Approval on May 4
FTX on Tuesday announced that it had reached an agreement to sell LedgerX, the bankrupt crypto exchange's crypto derivatives platform to an affiliate of Miami International Holdings. The crypto firm will seek approval for the sale of its platform in a deal worth $50 million (roughly Rs. 400 crore) in a US bankruptcy court on May 4.
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Google Said to Have Invested $400 Million in OpenAI's ChatGPT Rival Anthropic
Google is said to have invested almost $400 million (roughly Rs. 3,299 crore) in artificial intelligence startup Anthropic, which is testing a rival to OpenAI’s ChatGPT. Google and Anthropic separately announced a partnership in which Anthropic will use Google’s cloud computing services.
-
Microsoft Said to Have Offered No Remedies in EU Antitrust Review of Activision Deal
Microsoft's has not offered any remedies to EU antitrust regulators reviewing its proposed $69 billion (nearly Rs. 5,71,400 crore) bid for Call of Duty maker Activision Blizzard ahead of an expected full-scale EU probe, a person familiar with the matter said on Monday. The US software company is betting on the acquisition to help it compete bett...
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Twitter Confirms Intent to Close Elon Musk's Takeover Offer at Original Price
Twitter said on Tuesday that Tesla CEO Elon Musk had sent the company a letter that he intended to complete the takeover agreed upon earlier this year, seeking to acquire the platform for $44 billion (roughly Rs. 3,58,300 crore). The microblogging service announced via a tweet that it intends to close the offer at the original price of $54.20 (roug...
