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Despite imposing fine, Chinese authorities getting unsettled due to Alibab
Updated : 4 years, 11 months ago IST
Beijing [China], April 23 (ANI): Despite Chinese regulators slapping a record fine of 18.2 billion yuan (2.8 billion dollars) on Alibaba Group, authorities in the country are getting unsettled due to the growing influence of the e-commerce giant over media assets.
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Global airline industry losses to hit $47.7 billion in 2021: IATA
Updated : 4 years, 11 months ago IST
Geneva [Switzerland], April 22 (ANI): The International Air Transport Association (IATA) expects net airline industry losses of 47.7 billion dollars in 2021 with a net profit margin of minus 10.4 per cent.
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Insurance potential to drive VC investments in India: KPMG
Updated : 4 years, 11 months ago IST
New Delhi [India], Apr 22 (ANI): Venture capital (VC) in India was robust in Q1 2021 with a wide range of sectors attracting 100 million dollar plus funding rounds including edtech, grocery delivery and gaming, KPMG Pvt Enterprise said on Thursday.
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Air pollution costs Indian business $95 billion each year: Dalberg Adviso
Updated : 4 years, 11 months ago IST
New Delhi [India], Apr 21 (ANI): Air pollution costs Indian business about 95 billion dollars (about Rs 7 lakh crore) every fiscal year, around 3 per cent of India's total GDP, a major research report shows.
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MyDentalPlan raises Rs 5 crore in seed funding from Safe Planet Medicare
Updated : 4 years, 11 months ago IST
New Delhi [India], April 20 (ANI): Bengaluru-based MyDentalPlan Healthcare said on Tuesday it has secured a seed funding of 700,000 dollars (about Rs five crore) from Safe Planet Medicare LLP to foray into the retail business.
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HCL Tech signs multi-million dollar contract with Japanese firm
Updated : 4 years, 11 months ago IST
Noida (Uttar Pradesh) [India], Apr 19 (ANI): HCL Technologies said on Monday it has signed a multi-million dollar digital transformation and hybrid cloud contract with UD Trucks, a leading Japanese commercial vehicle solutions provider.
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Retail assets get $484 million PE investments in Q1: Knight Frank
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Retail assets recorded private equity investments of 484 million dollars during January to March (Q1 2021), up 120 per cent from 220 million dollars in Q1 2020, according to Knight Frank India.
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Online scams result in new operating risks for merchants: Ponemon Institut
Updated : 4 years, 11 months ago IST
New Delhi [India], Apr 16 (ANI): Organisations in the United States are losing an average of 4.5 million dollars per year due to online fraudulent transactions, according to a new study from the Ponemon Institute and sponsored by global leader in digital payments PayPal.
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Real estate gets pvt equity investments of $3.2 billion in Q1: Knight Fran
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 16 (ANI): The Indian real estate attracted private equity (debt and equity) investments of 3.24 billion dollars across 19 deals during January to March (Q1 2021), up 16 times compared to 199 million dollars in Q1 2020, according to Knight Frank India.
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China lectures big tech firms, says 'learn from Alibaba'
Updated : 4 years, 11 months ago IST
Beijing [China], April 15 (ANI): After imposing a 2.8 billion dollar fine on e-commerce giant Alibaba, regulators in China have lectured the country's largest tech firms including Tencent Holding, Meituan, and ByteDance, to fear and respect the rules of the industry.
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Birlasoft launches Pega Center of Excellence
Updated : 4 years, 11 months ago IST
Noida (Uttar Pradesh) [India], April 14 (ANI): Birlasoft, a part of the 2.4 billion dollar C K Birla Group, has launched a Pega Center of Excellence (COE) on the onset of the global premier consulting partnership with Pegasystems Inc to deliver innovative software that crushes business compl
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Rating on Azure Power Solar's notes unaffected by sale of rooftop projects
Updated : 4 years, 11 months ago IST
Hong Kong, Apr 12 (ANI): The rating on Azure Power Solar Energy Pvt Ltd's (APSEPL')s 350.1 million dollar 5.65 per cent senior notes due 2024 is not affected by the sale of Azure Power Global Ltd's (APGL's) rooftop solar portfolio, Fitch Ratings said on Monday.
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