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Private sector lender, Yes Bank registered a net profit of ₹367 crore for the quarter ending March 31, 2022, against a net loss of ₹3,788 crore witnessed in the same quarter of the
Express News Service BENGALURU: The Directorate of Enforcement (ED), in one of its biggest operations, seized Rs 5,551.27 crore from a Bengaluru-based Chinese telecom firm Xiaomi Technology India.The seizure was made after months-long investigations
As central banks wind back the pandemic-era measures which were intended to support growth during an economic downturn, the fears of a prolonged recession have emerged fuelled by a sharp uptick in inflationary
Twitter overstated the number of daily users on its service for three years straight, overcounting by up to 1.9 million users each quarter. The error was due to Twitter inadvertently counting multiple accounts
India on Friday launched the pilot phase of open network for digital commerce (ONDC), a UPI-type protocol, in five cities with an aim to democratise fast growing e-commerce sector, help small retailers and
With the Centre having constituted a committee to investigate instances of batteries in electric vehicles malfunctioning and catching fire, experts say these are often due to inadequate testing of such batteries for Indian
The economy may take over a decade to overcome the losses due to COVID-19, an RBI report said Mumbai: The Indian economy may take more than a decade to overcome the losses emanating
Semiconductors are next on the Tata Group‘s list as the coffee-to-cars conglomerate seeks to trim the pain from the global chip crisis as well as reduce its dependence on imports. Apart from chips,
European health officials are investigating an outbreak of salmonella linked to Belgian chocolates that has sickened at least 150 children across the continent, with the increased distribution and consumption over Easter leading to