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They prepare the White House for a new Prez

They prepare the White House for a new Prez

The Bidens do plan to move into the White House on Jan. 20, but they will move in with the bare minimum: There are no plans to immediately bring in an interior decorator or begin personalizing the space.

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Nailbiter India vs Aus kept India Inc busy

Nailbiter India vs Aus kept India Inc busy

The moment the match was over - top corporate heads Sundar Pichai, CEO of Alphabet - Google's parent firm; Anand Mahindra, chairman of Mahindra Group, Harsh Goenka, chairman of RPG; Kiran Mazumdar Shaw, executive chairperson of Biocon; Rishad Premji- chairman of Wipro, among others, posted their reactions on Twitter.

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Debate: Tax cut best way to beat Covid slump

Debate: Tax cut best way to beat Covid slump

There are two ways to do a stimulus. Either GoI spends more, or it earns/spends less leaving more money to households and firms to spend/invest. It could also include cash transfers to the poor. Which of these ways should Nirmala Sitharaman's budget focus on more?

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Telcos to soon filter out unregistered SMSes

Telcos to soon filter out unregistered SMSes

ET had reported in November that the telecom regulator had imposed penalties collectively amounting to Rs 35 crore on eight operators including Bharti Airtel, Voda-Idea, Jio and BSNL for violation of TCCCPR on various counts, which allowed cyber criminals to issue fake SMSes.

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NCLT: Sunteck’s advance is operational debt

NCLT: Sunteck’s advance is operational debt

In August 2018, both the entities had executed a term sheet after the property owner, Goodwill Theatres, approached Sunteck Realty for the redevelopment of a property in South Mumbai.

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Jan Dhan accounts cross 41 crore: FinMin

Jan Dhan accounts cross 41 crore: FinMin

"Govt. committed to #FinancialInclusion to all citizens. As on 6/1/21, #PMJDY accounts cross 41 Cr. and Zero Balance Accounts decline to 7.5% from 58% in March 2015. Clearly showing the use and adaption by every account holder," the Finance Ministry said in a tweet.

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Epidemics lead biggest short-term risks: WEF

Epidemics lead biggest short-term risks: WEF

The COVID-19 pandemic has already had a devastating impact on many livelihoods, as global lockdowns have led to job losses and business closures. It has also exacerbated issues such as increasing inequalities over access to technology and the threat of civil unrest.

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Tata Salt to foray into premium salt segment

Tata Salt to foray into premium salt segment

Premium salt segment is driving the image of the brand. There is a lot of room for growth within the segment, said Richa Arora, president, packaged foods, Tata Consumer Products.

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India's oil imports at near 3-yr high in Dec

India's oil imports at near 3-yr high in Dec

India's year-end rush for crude supplies coincided with stronger demand from north Asian buyers during winter, boosting prices and an accelerating de-stocking of floating storage globally.

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Petrol crosses Rs 85 for first time in Delhi

Petrol crosses Rs 85 for first time in Delhi

Diesel rate climbed to Rs 75.38 a litre in the national capital - just shying away from its record high - and to an all-time high of Rs 82.13 in Mumbai, the price data showed.

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Indian team to train on Russian S-400 soon

Indian team to train on Russian S-400 soon

"Coming out of the bipolar world and successfully proceeding through the current establishment of the polycentric order, our partnership is becoming even stronger, experiencing new areas and forms of mutually beneficial and forward-looking cooperation," the ambassador said.

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Govt eases admission norms for NITs

Govt eases admission norms for NITs

In the wake of COVID-19 outbreak, the Central Seat Allocation Board (CSAB) had last year relaxed norms for admissions into National Institute of Technology (NITs) and Centrally Funded Technical Institutions (CFTIs).

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Personal views won't affect talks: Ghanwat

Personal views won't affect talks: Ghanwat

The Supreme Court had set up the four-member panel on January 11, but one of them, Bhupinder Singh Mann, recused himself later after questions were raised by the agitating farmer unions about the views expressed by all members in the past in support of the contentious laws, against which thousands are protesting on Delhi borders for almost two months now.

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India win fourth test, seal series 2-1

India win fourth test, seal series 2-1

An Indian cricket team saddled with broken bones and battered bodies showed a never-seen-before zeal to retain the coveted Border-Gavaskar trophy with a historic three-wicket win over Australia in the fourth and final Test here, successfully chasing a 328-run target to seal the four-match series 2-1.

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India debuts largest domestic nuke reactor

India debuts largest domestic nuke reactor

"The 700-megawatt pressurized heavy water reactor of the Kakrapar Atomic Power Station in Gujarat is the first of 16 planned units that will help balance the grid against growing intermittent renewable generation," KN Vyas, India’s atomic energy secretary said.

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Bharat Biotech gets LoC for 45L doses

Bharat Biotech gets LoC for 45L doses

The company was given a fresh letter of comfort recently for supplying another 45 lakh doses of Covaxin. The doses will be dispatched as when the Ministry places orders with the company.

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'Apps must operate without violating rights'

'Apps must operate without violating rights'

“Be it WhatsApp or any other digital platform, you are free to do business in India. But do it in a manner without bringing upon the rights of Indians who operate, and sanctity of personal communication needs to be maintained,” Prasad said at a virtual event on Tuesday.

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Biden's to-do list begins with flurry of orders

Biden's to-do list begins with flurry of orders

Overshadowing everything at the very start is Biden's effort to win congressional approval of a $1.9 trillion plan to combat the coronavirus and the economic misery it has caused.

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Tata Motors receives 98 patents in 2020

Tata Motors receives 98 patents in 2020

These patents predominantly relate to the megatrend of CESS (connected, electrified, sustainable and safe) automobiles, the company said in a statement.

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Big 4 IT cos may hire 91K freshers this fiscal

Big 4 IT cos may hire 91K freshers this fiscal

With the sharp pickup in demand after the lockdown lows, Indian IT firms have lined up robust hiring plans for 2021-22. The top four IT firms — TCS, Infosys, HCL Technologies and Wipro — collectively plan to hire 91,000 from campuses, a little higher than last year.

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Escorts gets regulatory nod to sell e-tractors

Escorts gets regulatory nod to sell e-tractors

The company has been exporting its electric tractors since 2019 and now plans to launch the same in India, according to a press statement released today. It had first showcased the concept of this tractor in 2017.

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Renegotiate loan terms, auditors warn cos

Renegotiate loan terms, auditors warn cos

If the loans are classified as “current liabilities” in the year-end financials, it will impact the company’s liability-to-asset ratio, hindering its ability to raise further funds.

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What will Trump do after White House?

What will Trump do after White House?

In the near term and possibly longer, Trump’s post-presidential options will be circumscribed by the fallout over his Jan. 6 speech egging on the crowd that would go on to storm the U.S. Capitol, including a historic second impeachment. If he’s convicted at the upcoming Senate trial, he’ll almost certainly be barred from ever running for federal office again.

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Sports could be remotely produced in future

Sports could be remotely produced in future

Tata Communications cited a report that said that on an average, people signed up with at least three new OTT platforms during lockdown. Netflix alone had 16 million new subscribers during the lockdown.

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View: New labour laws a boon for economy

View: New labour laws a boon for economy

In India, labour is a subject of the concurrent list and hence has both central and state governed laws. The earlier labour laws were archaic and in need of serious update that the new labour legislation by Centre has provided.

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Radha Dhir succeeds Nair as JLL India CEO

Radha Dhir succeeds Nair as JLL India CEO

Ramesh Nair had joined JLL as an analyst in 1999. He rose through the ranks to become Chief Operating Officer in 2013 and then CEO of the India business in 2017. He was also a member of the Asia Pacific Executive Board.

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Tesla's India plans don't worry us: Mercedes

Tesla's India plans don't worry us: Mercedes

Martin Schwenk, who leads Mercedes in India, said his company’s business in India remains on a strong footing and faces no apparent threat from the Elon Musk-run auto giant which has been gaining in scale and market capitalisation over the past few years.

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India to send vaccines to other nations

India to send vaccines to other nations

India has decided to export 8.1 lakh doses of Covaxin to Oman, Mongolia, Myanmar, Bahrain, Mauritius, the Philippines and the Maldives as a goodwill gesture, people in the know said. Government sources said Serum would supply a few lakh doses of Covishield to the Seychelles, Afghanistan, Bangladesh, Bhutan and Nepal.

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View: Tight integration, a way of selling data

View: Tight integration, a way of selling data

In India, and in much of the global South, WhatsApp has become the most important form of not only general communication but also political communication. For Facebook, that’s an immense direct subsidy to political parties and governments. Facebook tightly integrates between Facebook, Instagram and WhatsApp because targeted commercial communications are its primary business.

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US inaugurations: High drama & sore losers

US inaugurations: High drama & sore losers

Many past inaugurations were conducted in a febrile atmosphere, with some turning to high drama:

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How did we end up with this chip shortage?

How did we end up with this chip shortage?

Over the past two weeks, automakers across the world have bemoaned the shortage of chips.

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HDFC Bank submits outage control plan

HDFC Bank submits outage control plan

The bank is working on multiple immediate and long-term solutions as part of its internal review. “The action plan that the bank is working on could take anywhere between 10-12 weeks to implement,” said one of the persons.

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How FM can make her Budget best in 100 yrs

How FM can make her Budget best in 100 yrs

Govt should cut taxes on individuals and firms and allow them to play a bigger part in the revival story. Confidence is back. An effective stimulus could address over-the-top taxation, such as cesses, which can be removed. It could also involve cash transfers to the poorer sections of the population, which will spend immediately.

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Put FRBM on hold: States tell FM

Put FRBM on hold: States tell FM

All the states sought the Centre’s intervention in clearing outstanding dues stemming from lower devolution to the states and GST in FY 2020-21.

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Rise in fuel prices due to low prod in Covid

Rise in fuel prices due to low prod in Covid

Dharmendra Pradhan said the focus of the government was on electric vehicles (EVs), solar energy, production of ethanol etc to become self-reliant in the energy sector.

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US COVID-19 cases surpass 24 million mark

US COVID-19 cases surpass 24 million mark

As the US continues to remain the worst affected country due to COVID-19, the cumulative count of the cases has crossed 24 million as of Monday. According to Johns Hopkins University, as many as 24,045,025 people have been tested for the virus so far.

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Maruti hikes prices of vehicles by up to Rs 34K

Maruti hikes prices of vehicles by up to Rs 34K

While the company did not specify the models, according to dealer sources the price hike impacts most of its models but select variants of certain models have left untouched by the increase in prices.

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Falling gold prices boost jewellery demand

Falling gold prices boost jewellery demand

Jewellers said demand is up by 10-20% compared with December, when prices were ruling over Rs 50,000 per 10 gm.

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US Capitol lockdown lifted

US Capitol lockdown lifted

Those who had gathered for a walk-through, including a military band, were directed to head indoors and moved in the directed of a secure location inside the Capitol complex.

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US, China clash on WHO visit to Wuhan

US, China clash on WHO visit to Wuhan

The United States, which has accused China of hiding the extent of its initial outbreak, has called for a "transparent" WHO-led investigation and criticised the terms of the visit, under which Chinese experts have done the first phase of research.

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India Inc prepares to buy vaccines for staff

India Inc prepares to buy vaccines for staff

As governments rush to inoculate the most vulnerable, however, most corporations globally have so far been quiet on whether they would seek to secure early supplies for employees.

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Signal COO on Whatsapp privacy row

Signal COO on Whatsapp privacy row

To see India make a choice that favours data privacy and a new, more privacy-oriented messenger so strongly is momentous to say the least, says Signal COO Aruna Harder.

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Elon Musk goes Dutch to save tax in India

Elon Musk goes Dutch to save tax in India

Tesla Motors Amsterdam is the parent company for Tesla Motors and Energy India, indicating that the Elon Musk-led electric car maker has used the tax-friendly jurisdiction of the Netherlands to route its India investment.

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Videocon promoters to face insolvency action

Videocon promoters to face insolvency action

In a petition filed by Videocon resolution professional Asish Narayan on behalf of the group's largest lender State Bank of India (SBI), insolvency petitions have been initiated against the Dhoots in their capacity as personal guarantors to recover dues from the company.

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Govt extends bid deadline for Pawan Hans

Govt extends bid deadline for Pawan Hans

The government owns 51 per cent stake in Pawan Hans, while Oil and Natural Gas Corp (ONGC) holds the remaining 49 per cent. ONGC has decided to offer its entire shareholding in the company for sale along with the government stake.

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Launches of housing units improved in Q4

Launches of housing units improved in Q4

The report points out that new launches rose by 56% during the same period to 62,891 units from 40,275 units as market sentiment increased with COVID cases falling rapidly across India and recoveries growing at rapid pace.

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Suspend Republic TV ratings: NBA to BARC

Suspend Republic TV ratings: NBA to BARC

In a statement issued on Monday, NBA has said that the manipulation of ratings by Republic TV has “immensely damaged” the “reputation” of the broadcast industry and therefore it should be kept out of BARC rating system till final court order.

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RBI plans post-covid normalisation

RBI plans post-covid normalisation

The 2020 RBI annual report shows that the central bank's total staff strength of 13,456 included 6670 Class 1 employees. About 2/3rds or 67% of these employees are designated as managers and above. All of them will now be expected to come to office.

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Taking all efforts to extradite Mallya: Centre

Taking all efforts to extradite Mallya: Centre

The government on Monday told the Supreme Court that it is making “consistent” and “repeated” attempts to extradite Vijay Mallya, chairman of the now-defunct Kingfisher Airlines, but it had been stalled by “parallel” legal proceedings underway in the UK.

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India beats EM peers in boardroom diversity

India beats EM peers in boardroom diversity

A study by global index provider MSCI showed that women constituted 17% of Indian boards against 13% in China, 10% in Russia, 9% in Mexico and 14% in Brazil. But India trails South Africa (29%), Thailand (19%), the US (28%) and the UK (34%) in ensuring diversity at the highest decision-making body of a company.

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