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Latest Articles in Companies Markets

How Are Tech-Based Platforms Helping People To Earn More Money As A Freelancer?

Professionals in these fields are marketing their services with the help of tech-based platforms, landing sought-after lucrative jobs and minting money faster and more efficiently than before.

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Ford To Recall 3 Million Vehicles For Air Bags At $610 Million Cost

Ford separately disclosed on Thursday it expects to record a pretax remeasurement loss of $1.5 billion in the fourth quarter related to pension and other post-employment benefits plans, driven by lower discount rates.

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Air Taxi Start-Up Joby Explores Deal To Go Public

Joby has raised more than $800 million in private funding since it was founded in 2009 and in 2020 was valued at $2.6 billion, according to PitchBook, which tracks private fundraisings. Joby's backers include Toyota Motor Corp and Intel Corp.

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Rupee Edges 4 Paise Lower To 73.03 Against USD In Early Trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.03 per cent to 90.10.

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Biocon Q3 Net Profit Falls 19 % To Rs 186.6 Cr

Expenses rose to Rs 1,642.6 crore for the December quarter, an increase of 14.52 per cent, as against Rs 1,434.3 crore in the year-ago period.

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Chinese Phone Maker Honor Partners With Key Chip Suppliers After Huawei Split

Honor's roughly 8,000 staff have moved out of Huawei's offices to a new headquarters also in the southern city of Shenzhen.

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Sensex, Nifty Inch Lower; All Eyes On Reliance Ahead Of Results

The blue-chip NSE Nifty 50 index fell 0.2% to 14,569 and the benchmark S&P BSE Sensex was down 0.2% at 49,528.03 by 0346 GMT.

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NSE Acquires Financial Data Provider Cogencis

Informist Media would exclusively provide news to Cogencis WorkStation for five year to ensure continuity of service to existing customers of the Cogencis WorkStation

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Telcos' Gross Revenue Rise 14 Per Cent To Rs 68,228 Crore In 2020 September Quarter

The total telecom subscriber base in the country during the quarter was 116.86 crore. It was dominated by a mobile subscriber base of 114.85 crore.

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IBM Revenue Disappoints As Software Sales Mark Rare Decline

Revenue from its cloud-computing business rose 10% to a record $7.5 billion in the fourth quarter, with IBM saying it is confident of returning to sales growth in 2021 and expected revenue to grow in mid-single digits after the separation.

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Asian Markets Step Back From Stimulus-Driven Record Highs

MSCI's broadest gauge of Asia Pacific stocks outside of Japan was off 0.2% at 722.49 points, a whisker away from its all-time high of 727.31 touched on Thursday.

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Gold Eases As Yields Tick Up, But Set For Best Week In Five

Spot gold fell 0.3% to $1,863.56 per ounce by 0233 GMT, retreating from its highest since Jan. 8 hit on Thursday. For the week, it was up 2% in what would be its biggest weekly gain since the week ended Dec. 18.

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Intel Floats Possibility Of Licensing Deals But Would TSMC And Samsung Be Interested?

Intel is one of the few remaining semiconductor firms that both designs and manufactures its own chips, but the business model has come into question in recent years as the company lost its manufacturing lead to the Taiwanese and Korean companies.

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Stock Marker Daily Updates: 22 Jan 2021

In the coming session, volatility is likely to be high on account of the derivative expiry on next week. However, we expect the index to maintain higher high - low hence trader needs to be cautious at current level.

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AirAsia Group To Raise Up To $112.84 Million Via Private Placement

The proposed private placement, which will represent about 668.4 million AirAsia Group shares, is expected to raise about 454.5 million ringgit ($112.84 million).

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