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Nifty gives up intra-day gains in late sell-off

Jan 1, 2024

Mumbai, Jan 1 (IANS) Nifty came off its life highs and ended the first day of 2024 with little change from Friday's close, said Deepak Jasani, Head Retail Research at HDFC Securities.A late sell-off saw all the intra-day gains being wiped off. At close, Nifty was up 0.05 per cent or 10.5 points at 21,741.9. Cash market volumes on the NSE were the…

Meta purged over 23 mn bad pieces of content on FB, Insta in India in Nov 2023

Jan 1, 2024

New Delhi, Jan 1 (IANS) Meta said that it took down over 18.3 million pieces of content across 13 policies for Facebook and over 4.7 million pieces of content across 12 policies for Instagram in India in November 2023.Between November 1-30…

Business

97.38% Rs 2,000 banknotes have been returned: RBI

Jan 1, 2024

Mumbai, Jan 1 (IANS) The Reserve Bank of India (RBI) said on Monday that the total value of ₹2,000 banknotes declined to ₹9,330 crore at the close of business on December 29. Thus, 97.38 per cent of ₹2000 banknotes have now been…

Business

IPG, ICPA express concern over Air India’s alleged threats against sick pilots

Jan 1, 2024

New Delhi, Jan 1 (IANS) The Indian Pilots' Guild (IPG) and the Indian Commercial Pilots' Association (ICPA) have jointly voiced their concern regarding the Tata Group-owned Air India's alleged threat to take "appropriate measures" against…

Business

ChatGPT garners 60% of AI industry’s 24 bn traffic: Report

Jan 1, 2024

New Delhi, Jan 1 (IANS) OpenAI's chatbot ChatGPT has garnered 60 per cent of the AI industry traffic as the top 50 artificial intelligence (AI) tools attracted over 24 billion visits between September 2022 and August 2023, according to a…

Business

Ola Electric clocks highest ever monthly registrations in Dec 2023, crosses 30K mark

Jan 1, 2024

New Delhi, Jan 1 (IANS) Ola Electric on Monday announced that it clocked its highest ever monthly registrations in December 2023 -- recorded 30,219 registrations and captured a 40 per cent market share in the EV 2W segment (as per VAHAN…

Business

Healthtech firm Pristyn Care’s revenue up 45% in FY23, losses at Rs 383 cr

Jan 1, 2024

New Delhi, Jan 1 (IANS) Healthcare unicorn Pristyn Care registered a 45 per cent growth in revenue to Rs 453 crore in FY23, as its losses grew at 38.2 per cent to Rs 383 crore in the last fiscal year. The Tiger Global-backed firm’s…

Business

RBI Deputy Governor flags risks of using AI in banking sector

Jan 1, 2024

New Delhi, Jan 1 (IANS) RBI Deputy Governor M. Rajeshwar Rao on Monday said that development and deployment of AI models in the banking sector need close human supervision commensurate with the risks that can materialise from employing the…

Business

FMCG, IT stocks lead Sensex higher

Jan 1, 2024

New Delhi, Jan 1 (IANS) FMCG and IT stocks were firm in afternoon trade on Monday, pushing the Sensex into the green.After being in the red during morning trade, Sensex was up 173 points at 72,410 points with Nestle being the top…

Business

Cybersecurity firm TAC Security to go public, aims for Rs 100 cr revenue by 2026

Jan 1, 2024

New Delhi, Jan 1 (IANS) Cybersecurity firm TAC Security on Monday said that the company is exploring capital raising options, including an Initial Public Offering (IPO) in early 2024 and eyeing revenue of Rs 100 crore by 2026.Beeline…

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