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Latest Articles in Companies Markets

TikTok's Chinese owner offers to forego stake to clinch US deal

ByteDance was valued at as much as $140 billion earlier this year when one of its shareholders, Cheetah Mobile, sold a small stake in a private deal

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Hong Kong's Mom-And-Pop Investors Squeeze Funds As Ipos Sizzle

Hong Kong has among the highest retail trading levels in the world, and an OECD study last year estimated that individual investors owned 30% of the market - far above 11% in the United States and 16% in Britain.

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Samsung Crafts India Comeback As Anti-China Wave Surges

Samsung jumped to the No. 2 spot with 26% market share in the second quarter behind Xiaomi's 29%, according to tech researcher Counterpoint

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‘Unlock 3’: A Ray Of Hope For Hospitality

Lockdown has brought the hospitality industry to a standstill; however, the hospitality sector has outlived infinite challenges and Covid-19 will be no exception. Unlock 3 is the beginning for the same.

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Breaking Through The Patriarchy: Women Calling The Shots In Family Business

Family businesses are considered as a foundation of the global economy, representing an estimated 70% to 90% of the global GDP and 50% to 80% of jobs in the majority of countries worldwide.

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GST Collections In July Fall 14 % Y-O-Y Due To Covid Lockdown

The total revenue earned by Central government and the state governments after regular settlement in the month of July is Rs 39,467 crore for CGST and Rs 40,256 crore for the SGST.

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With Billions In Losses And No Respite In Sight, Multiplexes Turn To Mall Developers For Support

The latest announcement comes as a blow to the industry that has already been struggling for more than four months now and was expecting some relief during Unlock 3.

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Microsoft Weighs Tiktok Purchase As Ad Business Flattens Out

Microsoft generates the bulk of its $143 billion in annual revenue by licensing software such as Windows and Office as well as cloud storage and computing tools through its Azure service.

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Trump Says Will Ban TikTok Amid Pressure On Chinese Owner To Sell

ByteDance has received a proposal from some of its investors, including Sequoia and General Atlantic, to transfer majority ownership of TikTok to them

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Four Big Takeaways from Historic Big Tech Anti-Trust Hearing

In the recent virtual hearing of US Congress, the conclusion that had been arrived at was that the world’s top four tech firms Amazon, Google, Facebook, and Apple have monopoly power and there is a need to ensure that the antitrust laws should work in the digital age.

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Kia Motor Sells 1 Lakh Vehicles In 11 Months

Within just 2 months of its launch, the Kia Seltos emerged as the highest-selling SUV in the segment.

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MAHLE Introduces Condenser For Faster Charging Of Electric Vehicles

Significantly increased power density provides for optimum cooling of battery and cabin without the need for extra installation space

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Audi India Opens New Facility In West Delhi

Located at Plot no - 9A, Najafgarh road, Moti Nagar, New Delhi – 110015.

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Chevron Posts Quarterly Loss On More Than $5 Bln Charges Due To Oil Downturn

Net loss attributable to Chevron was $8.27 billion, or $4.44 per share, in the second quarter ended June 30, compared with a net income of $4.31 billion, or $2.27 per share, a year earlier.

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