According to two banking sources who spoke to Reuters, Go Airlines (India) Ltd. has received claims totaling 23,777 crore ($2.9 billion) from both operational and financial creditors as part of …
Business
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Business
Apple Is Anticipated To Ship A Record 8–9 Million iPhones In 2023
by Team, Endocby Team, EndocAccording to a recent forecast, Apple is expected to sell an all-time high of 8–9 million iPhones this year, up from 6.7 million in 2022. In comparison to the same…
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Business
Viceroy Bangalore Hotels Acquired By DS Group During An Insolvency Procedure.
by Team, Endocby Team, EndocThe resolution plan for Viceroy Bangalore Hotels Pvt Ltd., submitted by gutkha producer Dharampal Satyapal Limited (DS Group), has been accepted by the NCLT. In comparison to their total accepted…
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TechnologyBusiness
Swiggy Uses Generative AI To Improve User Experience
by Team, Endocby Team, EndocIn an effort to improve user experience, Swiggy, a well-known online food delivery business, has announced the use of generative AI techniques to build goods and services that enable simple…
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CountryBusiness
Gautam Adani: Following Rebuilding, Dharavi Will Become A “State-of-The-Art World-Class City”
by Team, Endocby Team, EndocGautam Adani wants to keep the character and inclusion of Mumbai’s Dharavi slum while transforming it into a state-of-the-art, world-class city.” One million people will be relocated and businesses will…
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In India, Netflix is taking action against password sharing by reminding users via email that their accounts are only intended for usage inside a single household. To promote individual use,…
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Business
Dunzo Postpones Wage Payments For June And July Until September
by Team, Endocby Team, EndocDue to a financial shortage, Google and Reliance Industries-backed quick commerce company Dunzo have postponed wage payments for the second time in two weeks. For top workers, the corporation used…
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Business
CARS24 Reported That Vehicles Worth Rs. 1,800 crore were sold to platforms.
by Team, Endocby Team, EndocIn the April to June 2023 quarter, CARS24, an online marketplace for used cars in India, sold cars valued at more than INR 18 billion ($242 million). Additionally, there was…
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Business
Tata Group Decides To Build Their New EV Battery Facility In The UK
by Team, Endocby Team, EndocThe Tata Group has decided to build its new EV battery facility in southwest England, which will provide a new lineup of electric Jaguar and Land Rover vehicles. Tata Group…
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Business
Bessemer Estimates A $200 Billion Market For India’s Online B2B Marketplaces
by Team, Endocby Team, EndocThe expansion of India’s B2B marketplaces is projected to be aided by expanding internet access, digital infrastructure, good regulatory regulations, and a positive cross-border environment. According to a report released…
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Business
SoftBank’s Latest Sale of 2% In Paytm; Japanese Investor’s Ownership Falls Below 10%
by Team, Endocby Team, EndocAccording to sources with knowledge of the matter who spoke to ET, SoftBank has sold an additional 2% share in One 97 Communications, the company that owns the popular finance…
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Business
Adani Confronts The Hindenburg Allegations At The AGM; Interested Interests Authored The Report To Harm The Firm
by Team, Endocby Team, EndocAt the annual general meeting of Adani Enterprises on Tuesday, billionaire Gautam Adani praised the prospects for growth in both India and his corporate empire while criticizing an earlier attack…
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About the news 1. Infosys obtains a large 5-year AI deal with an unnamed client. 2. The agreement encompasses AI and automation services and is expected to cost $2 billion.…
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FinanceBusiness
HDFC Shareholders Should Be Aware of The Income Tax ConsequencesÂ
by Team, Endocby Team, EndocFollowing the merger of the HDFC twins, the private lender HDFC Bank distributed more than 311 crore new bank shares to HDFC shareholders. The shares were distributed in accordance with…
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Business
ZappFresh acquires Dr. Meat, a D2C meat delivery business, to expand into South India
by Team, Endocby Team, EndocAs part of its plan to break into the Bengaluru market, the startup ZappFresh, which sells meat in Delhi-NCR via its online platform, has purchased Dr. Meat for a sum…
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LawBusinessTechnology
The Federal Trade Commission Investigates ChatGPT
by Team, Endocby Team, EndocThe popular software that uses artificial intelligence to produce material that is uncannily human-like is potentially at risk due to the Federal Trade Commission’s investigation into whether OpenAI’s ChatGPT has…
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BusinessTechnology
Tesla plans to establish an electric vehicle production and export center in India.
by Team, Endocby Team, EndocThe establishment of a facility and manufacturing center where electric vehicles would be produced and distributed throughout the Indo-Pacific region is apparently being discussed by Tesla and the Indian government.…
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Due to an agreement between India and France, Indian visitors to France will now be able to pay in rupees. Starting at the Eiffel Tower, the initiative will proceed. The…
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Businessscience and engineeringTechnology
The Brand-New NoteBookLM App From Google Is Out
by Team, Endocby Team, EndocNews A new AI-based app called NotebookLM has been made available by Google with the goal of accelerating learning. The program makes use of a potent language model to summarize…
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BusinessCountryFinance
PM Modi Praises India And France’s Strategic Alliance Prior To His Two-Day VisitÂ
by Team, Endocby Team, EndocPM Modi emphasized that India and France’s strategic alliance strives to create a free, open, inclusive, secure, and stable Indo Pacific region and said that the two countries also want…
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Business
Elon Musk Announces The Creation of xAI, A ChatGPT Alternative
by Team, Endocby Team, EndocElon Musk, the CEO of Tesla and Twitter, is now adding yet another business to his expanding portfolio. The wealthy businessman, who was a co-founder of the Sam Altman-led OpenAI,…
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BusinessLaw
Trai’s Proposal To Regulate OTT Services Is Clouded By Privacy Concerns
by Team, Endocby Team, EndocNews – Trai’s Proposal To Regulate OTT Services Is Clouded By Privacy Concerns Documents When the Telecom Regulatory Authority of India (Trai) said last Friday that it would consider regulating…
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BusinessCountry
PM Modi Will Complete The Trilateral Cooperation Project In Abu Dhabi On July 15Â
by Team, Endocby Team, EndocNew Delhi: On July 13, PM Modi will meet with prominent CEOs, thought pioneers, and influencers in Paris while also spending a day in Abu Dhabi, United Arab Emirates, on…
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BusinessCountryFinance
Adani Group Will Submit Bids For Anil Ambani’ Owned Vidarbha Industries PowerÂ
by Team, Endocby Team, EndocAccording to persons with knowledge of the situation, Bloomberg reported that Gautam Adani plans to submit a bid for Vidarbha Industries Power Ltd., which Anil Ambani has been promoting and…
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BusinessCountryFinanceTechnology
Government’s 28% GST Sparks Concerns of Job Losses in Indian Gaming Industry
by Team, Endocby Team, EndocThe Indian GST Council’s decision to apply a 28% GST on online gaming, casinos, and horse racing has drawn criticism, with some businesses claiming it will kill Indian gaming firms.…