Vodafone arbitration case: Singapore court to hear India's appeal in Sept

Arbitration court in September rejected India's demand for Rs 22,100 crore in back taxes and penalties from company.

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Union at BHP's Escondida mine in Chile rejects contract, firm seeks talks

The talks, once confirmed by authorities, will last for 5 to 10 days, according to Chilean labor law. If no agreement is reached, a strike would begin

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Anti-vaccine app squares off with Google, Apple over misinformation

Unjected bills itself as a community for 'like-minded people that support medical autonomy and free speech.'

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Smaller stocks in limelight; give higher returns to investors this fiscal

Smaller stocks have rewarded investors with high returns as the smallcap index jumped by 29.72 per cent so far this fiscal, outshining its bigger benchmark gauge

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India records single-day rise of 41,831 new Covid cases, 541 deaths

India saw a single-day rise of 41,831 new Covid-19 cases, taking the tally to 31,655,824, while the cumulative vaccine doses administered in the country has crossed 470 million

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Equity investors richer by Rs 31 trn this fiscal as bull run continues

The 30-share BSE Sensex has jumped 3,077.69 points or 6.21 per cent during April-July this fiscal.

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Crackdown on erring insolvency professionals, IBBI sets hefty penalties

The Centre has proposed a crackdown on insolvency professionals that develop nexus with companies facing bankruptcy proceedings thereby delaying the resolution process

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Govt data that showed excess mortality during pandemic go offline: Report

Health data relating to 2020-21 and April-May 2021 in the National Health Mission's Health Management Information System showed a spike in unexplained mortality in rural areas Rukmini S

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Global Covid-19 caseload tops 197.7 million: Johns Hopkins University

The global Covid-19 caseload has topped 197.7 million, while the deaths have surged to more than 4.21 million and vaccinations soared to over 4.07 billion, according to the Johns Hopkins University

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Govt trying to find excuses to curtail Parliament Session, alleges Congress

The Congress on Saturday alleged that the government was trying to find an "excuse" to curtail the Monsoon session of Parliament

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Florida breaks record with more than 21,000 new coronavirus cases

Florida has reported 21,683 new cases, the state's highest one-day total since the start of the pandemic

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China, India miss UN deadline to submit plans for cutting emissions

China and India have missed a UN deadline to submit plans for cutting greenhouse gas emissions in time for the global body to include their pledges in a report for governments at this year's summit

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World's grounded pilots swamp recruiters in desperate effort to get jobs

Job applications from down-on-their-luck aviators, from Brazil and Mexico to Canada and Europe, have jumped at least 30-fold: Analyst.

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World's grounded pilots swamp recruiters in desperate effort to get jobs

Job applications from down-on-their-luck aviators, from Brazil and Mexico to Canada and Europe, have jumped at least 30-fold: Analyst.

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Coronavirus live updates: Karnataka tightens entry; Odisha malls to open

Coronavirus live updates: Uttarakhand announces date to open schools; Florida becomes USA's Covid-19 epicentre.

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Tokyo Olympics 2021 LIVE, men's hockey QF: GER 1 | 0 ARG in 2nd quarter

Boxer Satish Kumar (+91kg) will in action as he will play in the men's quarter-finals today at 9:36 am IST. Check India today's Olympics matches, Tokyo 2020 live updates and telecast details in India

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Source of DNA mutations in melanoma

The mutations that give rise to melanoma result from a chemical conversion in DNA fueled by sunlight -- not just a DNA copying error as previously believed, reports a new study. The findings upend long-held beliefs about the mechanisms underlying the disease, reinforce the importance of prevention efforts and offer a path forward for investigating the origins of other cancer types.

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Crucial new molecular mechanisms and biomarkers in ovarian cancer

Medical researchers have discovered what appears to be an Achilles' heel in ovarian cancers, as well as new biomarkers that could point to which patients are the best candidates for possible new treatments.

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New research infuses equity principles into the algorithm development process

Researchers have found a new approach to incorporating the larger web of relevant data for predictive modeling for individual and community health outcomes.

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World Trade Center responders with the greatest exposure to toxic dust have a higher likelihood of liver disease, study finds

Researchers have found evidence that World Trade Center responders had a higher likelihood of developing liver disease if they arrived at the site right after the attacks as opposed to working at Ground Zero later in the rescue and recovery efforts.

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Differentiating strong antibiotic producers from weaker ones

Biologists are using comparative metabologenomics to try to uncover what may be 'silencing' Streptomyces and preventing it from producing desirable compounds encoded by its genes.

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Britannia consolidated net profit drops 29% to Rs 387 crore in Q1

Home-grown food company Britannia Industries on Friday reported a 29 per cent decline in consolidated net profit at Rs 387 crore for the quarter ended June 30

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Retail, agri loans grow in June as states begin to ease Covid-19 curbs

Loans to agriculture and allied activities showed an accelerated growth of 11.4 per cent in June 2021 as compared to 2.4 per cent in June 2020

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Tax buoyancy curtails Centre's fiscal deficit to an eight-year low

Centre's spending showed volatile trend during April-June period

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JSW Paints eyes spot among top three players in the country by 2025

JSW Paints, which is present in the south and west of the country, is looking to launch in the north and the east

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Oil Ministry holds investor meet for DSF-III, with 32 areas up for bidding

There are 75 oil and gas discoveries with 230 million tonnes of oil equivalent resources

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IndiGo first Indian carrier to start ESG reporting, mulls use of green fuel

Meeting green goals will make the company attractive to global funds and lenders which are focusing increasingly more on sustainable investing

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Researchers film human viruses in liquid droplets at near-atomic detail

Researchers have used advanced electron microscopy (EM) technology to see how human viruses move in high resolution in a near-native environment. The visualization technique could lead to improved understanding of how vaccine candidates and treatments behave and function as they interact with target cells.

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Amygdala found to have role in important pre-attentive mechanism in the brain

Researchers have shown how the amygdala, a brain region typically associated with fear, contributes to prepulse inhibition (PPI) by activating small inhibitory neurons in the mouse brain stem. The discovery advances understanding of the systems underlying PPI and efforts to ultimately develop medical therapies for schizophrenia and other disorders by reversing pre-attentive deficits.

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A sleep study’s eye-opening findings

Getting more sleep, by itself, does not change work productivity or overall well-being for impoverished workers in India. Naps or better-quality sleep at night may have a bigger impact, according to a new study.

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Nazara Technologies posts Rs 13.6-crore net profit for June quarter

Gaming firm Nazara Technologies on Friday posted a net profit of Rs 13.6 crore for the June 2021 quarter.

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JSW Paints eyes spot among top three players in the country by 2025

JSW Paints, which is present in the south and west of the country, is looking to launch in the north and the east

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Scientists discover a surprising new way that tuberculosis suppresses immunity

University of Maryland researchers discovered a way that Mycobacterium tuberculosis (Mtb), the bacterium that causes tuberculosis, can cause a person's immune cells to lower their defenses. Specifically, they identified a gene in the bacterium that suppresses immune defenses in infected human cells, which could exacerbate the infection. The findings were published on July 29, 2021, in the journal PLOS Pathogens

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New relevant target for PARP inhibitor talazoparib

Researchers report the identification of a new target for the PARP inhibitor drug talazoparib and show that combination treatment with talazoparib and the WEE1 inhibitor adavosertib results in enhanced anti-cancer effects.

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Dalmia Bharat Sugar Q1 consolidated net profit dips to Rs 124 crore

Dalmia Bharat Sugar and Industries Ltd on Friday reported a marginal decline in consolidated net profit at Rs 124.34 crore for the quarter ended June.

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Covid-19 pandemic: SII partners CII in push to vaccinate rural areas

SII will be working with the CII, which has set up vaccination camps in smaller towns and rural areas

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Equitas SFB Q1 profit dips 79% to Rs 12 cr over restructured accounts

Equitas Small Finance Bank (ESFB) on Friday reported 79 per cent fall in net profit at Rs 12 crore for June quarter 2021-22 on account of provisions for restructured accounts.

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Torrent Power to acquire 50 MW solar plant from Lightsource India

Torrent Power on Friday said it has inked an agreement with Lightsource India Ltd and Lightsource Renewable Energy (India) Ltd for acquisition of a 50 MW solar plant.

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Kaspersky partners Bharti Airtel for selling cybersecurity software

Cybersecurity firm Kaspersky has partnered with Bharti Airtel to reach out to its over 34 crore customers for selling its security softwares at lower prices.

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Study tests microplasma against middle-ear infections

Middle-ear infections are a common affliction in early life, affecting more than 80% of children in the U.S. Antibiotics are often employed as a first line of defense but sometimes fail against the pathogenic bacteria that can develop in the middle ear, just behind the eardrum. In a new study, researchers explore the use of microplasma -- a highly focused stream of chemically excited ions and molecules -- as a noninvasive method for attacking the bacterial biofilms that resist antibiotic treatment in the middle ear.

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Gene associated with autism linked to itch response, study finds

A gene associated with autism spectrum disorder (ASD) and pain hypersensitivity may actually decrease itch response, according to new research.

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Study reveals characteristics of SARS-CoV-2 spike protein

A new study provides foundational information about SARS-CoV-2's spike protein.

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PCR of gargle lavage samples as effective as nasopharyngeal swabs to identify SARS-CoV-2 infection

Twenty-six subjects from a cohort of 80 tested positive for SARS-CoV-2 via nasopharyngeal swab, and all 26 tested positive using gargle lavage (mouthwash), according to new research.

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No particular risk of infection of SARS-CoV-2 from cash, study finds

How long do coronaviruses remain infectious on banknotes and coins? Is it possible to become infected through contact with cash? Researchers developed a method specifically to test how many infectious virus particles can be transferred from cash to the skin in real-life conditions. Conclusion: under realistic conditions, the risk of contracting SARS-CoV-2 from cash is very low.

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ED arrests Ambience group promoter Raj Gehlot in money-laundering case

The ED has arrested Raj Singh Gehlot, promoter of the Ambience group, in a money-laundering case linked to an alleged bank loan fraud of Rs 800 crore, officials said on Thursday

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Oberoi Realty Q1 consolidated net profit more than doubles to Rs 81 crore

Oberoi Realty Ltd on Thursday reported an over two-fold jump in consolidated net profit at Rs 80.81 crore for the quarter ended June 2021

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More rain, but more pain: CRISIL's DRIP scores indicate stress in 4 states

The latest DRIP scores - as of July 21, 2021 - not only remain high but rose further for Rajasthan, Gujarat, Madhya Pradesh and Odisha

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Govt permits 100% FDI in oil & gas PSUs approved for disinvestment

"The above decision will take effect from the date of FEMA notification," an official statement said

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Rs 238 cr spent so far for construction of new Parliament building: Govt

The government has so far spent Rs 238 crore and Rs 63 crore for the construction of a new Parliament building and the redevelopment of Central Vista Avenue, respectively

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Factoring Regulation Bill to open more credit facilities for MSMEs: FM

The amendments approved by Rajya Sabha Thursday will give an impetus to the economy by providing an efficient working capital cycle for MSMEs, Sitharaman said.

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ArcelorMittal Nippon Steel India EBITDA jumps 450% to $607 million

The company said Q2CY21 crude steel production remained stable at 1.8 million tonnes despite Covid-19 headwinds

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Mission-driven localities

Through local taxation, wealth funds can be created, with the returns reinvested in the community

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Union Bank of India net profit up 255% to Rs 1,181 crore in June quarter

Net interest income rose by 9.53 per cent year-on-year in Q1FY22 to Rs 7,013 crore

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Indus Towers posts consolidated profit after tax of Rs 1,415 crore in Q1

Telecom infrastructure firm Indus Towers on Thursday posted a consolidated profit after tax of Rs 1,415 crore in the first quarter ended June 30, 2021. Indus Towers had recorded profit after tax of Rs 1,121 crore in the same quarter a year ago. "The first quarter of financial year 2022 witnessed the second wave of COVID-19 pandemic impacting lives and livelihoods across the country on one hand and severe cyclones in many states on the other. Indus Towers continues to stand tall against all odds to ensure support for customers, society and nation. The company has also delivered a strong financial performance for the quarter," Indus Towers Managing Director and CEO Bimal Dayal said. The financial performance, however, is not comparable because the scheme of amalgamation and arrangement between Bharti Infratel and erstwhile Indus Towers Limited (a joint venture company) became effective on November 19, 2020. Indus Towers posted a consolidated revenue of Rs 6,797 crore in the April-Jun

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Welspun Enterprises Q1 consolidated net profit rises 28% to Rs 25.66 cr

Welspun Enterprises Ltd on Thursday said its consolidated net profit rose 28.36 per cent to Rs 25.66 crore in the first quarter ended June 30.

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GE Healthcare selects 6 Indian startups under 'Cohort 3' programme

Medical technology company GE Healthcare has selected six Indian startups under its 'Cohort 3' programme to help them build and scale up their technologies for their target market segments.

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Airtel Africa profit after tax zooms to $142 million in June quarter

Airtel Africa provides telecom and mobile money services and has presence in 14 countries in Africa

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TVS Motor reports consolidated net loss of Rs 15 crore in first quarter

Its revenue from operations for the quarter grew 142 per cent to Rs 4,689.34 crore

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Tata Teleservices, Zoom partner for unified communication solutions

Telecom operator Tata Teleservices and web-based video conferencing company Zoom on Thursday announced a partnership for unified communications solution for enterprises and individuals.

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Concor Q1 consolidated net profit jumps multi-fold to Rs 251 crore

State-owned Container Corporation of India Ltd (Concor) on Thursday reported 409.67 per cent surge in consolidated net profit to Rs 251.22 crore for the first quarter ended June 30.

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SoftBank-backed Unacademy announces teacher stock options worth $40 mn

Unacademy competes with players such as Byju's, Vedantu, Simplilearn, UpGrad, Amazon Academy, and traditional education institutes

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Nisus Finance to invest Rs 500 crore for stressed and incomplete projects

Fund manager has already roped in an anchor investor that has committed Rs 100 crore for the stressed assets fund called Real Estate Performance Fund

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Biomedical scientists tie improved learning processes to reduced symptoms of depression

Brain imaging and mathematical modeling reveal previously unreported mechanistic features of symptoms associated with major depressive disorder.

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Researchers develop 'dimmer switch' to help control gene therapy

In a major advancement in the field of gene therapy for rare and devastating diseases, researchers have developed a "dimmer switch" system that can control levels of proteins expressed from gene therapy vectors. The system is based on alternative RNA splicing using an orally available small molecule and works effectively in tissues throughout the body, including the brain.

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Union Cabinet paves the way for privatisation of govt-owned insurers

The finance ministry will move amendments to the insurance Act in the ongoing Parliament session

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Google delays return to office until mid-October, mandates vaccines

Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated

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Cabinet approves amendment to LLP Act; 12 offences to be decriminalised

The government will also introduce a new definition of small LLPs based on their turnover size and contributions by partners

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US economic recovery on track despite Covid-19 surge: Federal Reserve

The Fed also said that higher inflation remained the result of "transitory factors," meaning it was not an imminent risk

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Seeking a unique treatment for lobular breast cancer

In an attempt to find out why the long-term outcomes are poorer for patients with lobular breast cancer -- which affects some 40,000 women a year -- researchers began looking at the role of the protein MDC1 in tumor cells.

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Good toothbrushing habits in children linked to mother's wellbeing

Researchers have shown that postpartum depression can inhibit a mother's ability to instill healthy tooth brushing habits in children. The study demonstrates the need to foster greater mental support and management for mothers and incorporate these factors when assessing children's oral health.

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Postmenopausal women can dance their way to better health

Women often struggle with managing their weight and other health risk factors, such as high cholesterol, once they transition through menopause. A new study suggests that dancing may effectively lower cholesterol levels, improve fitness and body composition and in the process, improve self-esteem.

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Google delays return to office until mid-October, mandates vaccines

Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated

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Ashok Leyland draws up EV road map, plans to launch first e-LCV in Dec

Company's EV push will be done through UK-based Switch Mobility - a combined entity of Ashok Leyland's electric CV operations and erstwhile Optare of UK

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Jet Airways: Staff grouping seeks Scindia's intervention to resolve issues

A grouping of Jet Airways staff has sought the intervention of Civil Aviation Minister Jyotiraditya Scindia in addressing their issues with respect to the resolution plan of the Jalan Kalrock Consortium, which has emerged as the winning bidder for the defunct airline. In a letter to the minister, the All India Jet Airways' Officers & Staff Association has requested him to take up their issues with the representatives of the consortium. Payment of all social security dues such as provident fund and gratuity, and assurance of employment to existing employees on the payroll are among their demands. "We are shocked and surprised to notice that complete injustice has been done to the employees of the company in as much that the dues offered is about Rs 52 crore which is a miniscule amount compared to the original claims accepted by the resolution professional," the letter, dated July 27, said. On June 22, the National Company Law Tribunal (NCLT) approved the consortium's resolution ...

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Route Mobile's profit after tax jumps 27.4% to Rs 34.32 cr in June quarter

Route Mobile on Wednesday posted a 27.44 per cent jump in consolidated profit after tax to Rs 34.3 crore for the first quarter ended June 30, 2021, according to the company's regulatory filing.

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Fed says progress made toward conditions for tapering bond buys

Any move to shrink policy support will be based on progress on the Fed's goals for jobs and inflation

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Man's new best friend: What cats can teach us about human genetics and precision medicine

Although cats have lived alongside humans for millennia, it remains a dogs' world. This bias has historically bled into science as well. It's time for cats to get their day, argues veterinary medicine experts. Cats, they say, have the potential to be a valuable model organism for geneticists, as the feline genome is ordered similarly to humans.

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Maruti Suzuki Q1 profit falls 62% as Covid-19 hits output, sales

Commodity super cycle to hit margins, says carmaker

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Sonata Software to acquire Encore Software to boost cloud services

Sonata Software on Wednesday said it will acquire US-based IT services company Encore Software Services, a move that will enhance its capabilities in cloud engineering, application development and maintenance and data management. In a regulatory filing, Sonata Software said its wholly-owned subsidiary Sonata Software North America Inc (SSNA) has signed a definitive agreement with the shareholders of Encore Software Services, Inc. The cost of acquisition involves an upfront payment of USD 6.37 million (including adjustments for working capital, cash, and net debt) and deferred payout of USD 8.25 million payable over 3 years, it added. Encore Software Services, incorporated in 1998, is headquartered in San Jose, with development centre in Chennai. "This is a continuation of our M&A strategy focusing on strategic acquisitions aligned to our Platformation led digital transformation strategy, access to seasoned local leadership talent and entry into new industry verticals. "We are ...

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Embassy Office Parks REIT hopes demand will bounce back in early FY22

Request for proposals for nine million square feet of office space are active in the market, said Vikaash Khdloya, deputy CEO at the REIT

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Rating firm Icra Q1 consolidated net profit surges 43% to Rs 24.34 crore

Rating firm Icra on Wednesday reported a 43 per cent jump in its consolidated net profit to Rs 24.34 crore for the first quarter ended June 30.

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Happiest Minds Technologies June quarter profit declines by 29%

IT firm Happiest Minds Technologies Ltd has reported a nearly 29 per cent decline in consolidated net profit to Rs 35.73 crore in the June 2021 quarter.

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Century Textiles and Industries stock rises 16.6% after Q1 earnings

The firm posted a profit of Rs 25 crore in Q1 FY22 as against a loss of Rs 36 crore in Q1FY21

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Billionaire investor Rakesh Jhunjhunwala eyes 70 aircraft in 4 years

To invest Rs 260 crore for a 40% stake in low-cost airline

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Report withdrawn

A report published in Business Standard on July 9, 2021, is being withdrawn due to an inadvertent error

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Nearly Rs 49,000 crore lying unclaimed with banks, insurers: Karad

An estimated Rs 49,000 crore is lying unclaimed with banks and insurance companies, the Minister of State for Finance Bhagwat Karad informed the Rajya Sabha on Tuesday.

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Kirloskar feud: Supreme Court calls for resolution through mediation

The Supreme Court Tuesday ordered status quo in the Kirloskar Brothers Ltd family feud related to assets wherein KBL's CMD Sanjay Kirloskar has challenged the Bombay High Court order directing arbitration in the case.

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Over 687 million transactions done under PM-KISAN scheme, says govt

As many as 68.76 crore transactions have been done under PM-KISAN scheme till the end of June this year

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Tourism economy fell by 42.8%, estimated 14.5 mn jobs lost in Q1FY21: Govt

Tourism economy fell by nearly 43 per cent and an estimated 14.5 million jobs were lost in the first quarter of 2020-21, according to details provided by the government in Parliament

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Women unemployment rate falls to 4.2% in 2019-20 from 5.1% in 2018-19

Unemployment rate for women fell to 4.2 per cent in 2019-20 from 5.1 per cent in 2018-19, according to Periodic Labour Force Survey (PLFS) conducted by National Statistical Office

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DGGI detects Rs 278 crore GST evasion in railway purchases since July 2017

Probe relates to wrong classification of rail supplies by bidders from July 2017 to June 2021

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Instagram tweaks accounts to give young users greater private experience

Defaulting accounts of the under-16 to private setting with less targeted advertising

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Covid-19 pandemic: Sputnik V vaccine imports likely to improve from August

Trials on adolescents in Russia expected to end by October: DRL

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Ola Cabs CEO Bhavish Aggarwal takes on Elon Musk over EV duty cut

The e-scooter's pre-launch garnered bookings of close to 100,000 in 24 hours

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IndiGo reports net loss of Rs 3,174.17 crore in Q1, highest ever

A prolonged impact of the coronavirus has turned IndiGo's net worth to negative- the first time in company's history

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Trade, security on agenda as Antony Blinken meets PM Modi today

Blinken is on a two-day visit to India and arrived in New Delhi on Tuesday. This is his first visit to the country as secretary of state

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New interoperable MF platform could queer the pitch for fintechs

Sebi's move has raised doubts over the role of players like Kuvera, Groww and Paytm Money. Currently, most users prefer these players for most activities that the new platform is designed to do

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GVK promoter buys Jubilee Hills house for Rs 23.15 crore

This, local brokers said, was a fair market price

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GMR, Groupe ADP likely to jointly bid for future airport projects

Two companies have finalised a business agreement under which both will collaborate on multiple sectors

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Kirloskar feud: Supreme Court calls for resolution through mediation

The Supreme Court Tuesday ordered status quo in the Kirloskar Brothers Ltd family feud related to assets wherein KBL's CMD Sanjay Kirloskar has challenged the Bombay High Court order directing arbitration in the case. The apex court's status quo will also extend to the proceedings in the Pune civil court on KBL seeking damages for violation of the family deed. Asking the parties involved in the case to explore the possibility of mediation, a bench comprising Chief Justice N V Ramana and Justice Surya Kant issued notice on the appeal by Sanjay Kirloskar and asked them to file replies within six weeks. The top court asked Kirloskar brothers - Sanjay and Atul with others to explore mediation to resolve the family dispute relating to the assets. "We both (judges) feel it is one of the reputed families and company. We feel the issues are sorted out by mediation or arbitration which is better in the interest of the company," the bench said. "You go on litigating in the civil courts, you

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DRL stock falls 10% after missing Q1 estimates, probe by US SEC

The stock fell 10.4 per cent to Rs 4,844.35 (hitting the lower circuit) on Tuesday after reporting lower-than-expected quarterly earnings for Q1FY22

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ShareChat, Moj valued at $2.88 billion in $145-million fundraise

Investment was led by Singapore state investor Temasek, Moore Strategic Ventures and Mirae-Naver Asia Growth Fund

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IL&FS floats EOI from investors for selling 100% stake in wind farm project

Infrastructure Leasing and Financial Services (IL&FS) on Tuesday invited expressions of interest (EOI) from eligible investors for its 100 per cent stake in Ramagiri Renewable Energy Ltd (RREL) and purchase of fixed assets of IL&FS Energy Development Company (IEDCL). IL&FS and its group companies collectively hold 95.54 per cent of the total issued, subscribed and paid-up share capital of IEDCL. RREL is a 100 per cent subsidiary of IEDCL. RREL owns a 6.5 MW wind farm project with 26 wind turbines having a capacity of 250 KW each at Ramagiri, district Anantapur, Andhra Pradesh. IEDCL also owns a wind mast, situated at the wind farm site of RREL, and a solar irradiation measurement equipment mounted on the wind mast (together 'Fixed Assets') that are used for gathering meteorological and solar data respectively. Expressions of Interest (EOI) are invited from eligible applicants for - acquisition of the total issued, subscribed and paid-up shares of RREL and purchase of the ..

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Flipkart eyes 2X growth in 'Pay Later' offering, aims to cross 100 mn

Walmart-owned Flipkart is working on expanding its 'Pay Later' credit offering and aims to clock 2X growth over the next six months.

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Ola Cabs CEO Bhavish Aggarwal takes on Elon Musk over EV duty cut

The e-scooter's pre-launch garnered bookings of close to 100,000 in 24 hours

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Mahindra Logistics June-quarter consolidated net profit at Rs 9 crore

Mahindra Logistics Ltd on Tuesday reported a consolidated net profit of Rs 9.35 crore for the quarter ended June 30, 2021. The company had posted a consolidated net loss after taxes, non-controlling interests and share of loss of joint venture of Rs 15.81 crore in the year-ago period, Mahindra Logistics Ltd (MLL) said in a filing to BSE. The consolidated total income of the company during April-June quarter increased to Rs 875.28 crore over Rs 413.27 crore in the year-ago period. "We delivered a strong performance despite the challenging external environment due to the rapid spread of Wave 2 of the Covid 19 pandemic. The regional lockdowns, high commodity costs and fuel prices impacted demand across the end markets. "Our strong focus on customer retention, new account acquisition and cost reduction helped us offset these challenges," Rampraveen Swaminathan, managing director and CEO of Mahindra Logistics, said. Implementation of strategic initiatives continued through the quarter

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IndiGo reports net loss of Rs 3,174.17 crore in Q1, highest ever

A prolonged impact of the coronavirus has turned IndiGo's net worth to negative- the first time in company's history

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Drug firm Granules India Q1 consolidated net profit up 8% to Rs 120 cr

Drug firm Granules India on Tuesday reported an 8 per cent rise in its consolidated net profit to Rs 120 crore for the quarter ended June 30, 2021.

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Govt should take control of Vodafone Idea, says Deutsche Bank report

The telecom company has sought an extension of the moratorium till April 2023 to pay over Rs 8,000 crore dues related to spectrum purchase

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No more finger pricks: A continuous glucose monitor benefits patients with diabetes in more ways than one

A 15-center study of 175 patients with poorly controlled type 2 diabetes found that continuous glucose monitoring, compared to blood glucose meter monitoring, or finger pricking, significantly decreased their hemoglobin A1C over eight months.

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Scientists model 'true prevalence' of COVID-19 throughout pandemic

Scientists have developed a statistical framework that incorporates key COVID-19 data -- such as case counts and deaths due to COVID-19 -- to model the true prevalence of this disease in the United States and individual states. Their approach projects that in the U.S. as many as 60 percent of COVID-19 cases went undetected as of March 7, 2021, the last date for which the dataset they employed is available.

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Second COVID-19 mRNA vaccine dose found safe following allergic reactions to first dose

A new study reports that among individuals who had an allergic reaction to their first mRNA COVID-19 vaccine dose, all who went on to receive a second dose tolerated it. Even some who experienced anaphylaxis following the first dose tolerated the second dose.

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Ordnance factory workers' indefinite strike fizzles out

MoD tells Parliament that strike threat received but not strike notice

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Facebook, tech giants to target manifestos, far-right militias in database

Over next few months, group will add attacker manifestos - often shared by sympathizers after white supremacist violence - and other publications and links flagged by UN initiative Tech Against Terror

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Eye on revenue growth, Vodafone Idea revises plans for corporate customers

The new plans are aligned with those of Bharti Airtel, which tweaked its tariff last week

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Biocon Biologics gets licence from Adagio for antibody Covid treatment

Initial data indicate that ADG20 could provide both rapid and durable protection against Covid-19 for up to one year

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Retiring older coal-generation assets could save Rs 37,750 crore: CEEW

The report said out of India's total installed capacity of 300 Gw, some 35 Gw of coal-based power plants can be decommissioned on priority

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Rolex Rings prices IPO between Rs 880-900 per share; issue opens July 28

The offer comprises a fresh issue of Rs 56 crore and an offer for sale of shares worth Rs 675 crore.

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Tesla beats profit and revenue estimates, delays Semi launch; shares up 1%

Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share

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Aptus Value Housing, CarTrade, 4 others get Sebi's go-ahead to float IPO

As many as six companies including Aptus Value Housing Finance, CarTrade Tech, and Supriya Lifescience have received capital markets regulator Sebi's go-ahead to float initial share-sales. The other firms that received the regulator's nod are-- Krsnaa Diagnostics, Vijaya Diagnostic Centre, and Ami Organics. The six firms, which had filed their respective preliminary IPO papers with the markets regulator between May and June, obtained their observations during July 19-23, an update with Sebi showed on Monday. Aptus Value's initial public offer (IPO) comprises a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale of up to 64,590,695 equity shares by the promoter and existing shareholders, draft red herring prospectus (DRHP) showed. Proceeds from the fresh issue will be utilised towards augmenting the company's capital base and to meet future growth requirements. According to merchant banking sources, the IPO is expected to fetch Rs 2,600-3,000 crore. Onli

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Mamata govt contacted me soon after returning to power: Anil Agarwal

Vedanta chairman Anil Agarwal on Monday said the Mamata Banerjee government had contacted him within a fortnight of her party's return to power for investments in West Bengal

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Equitas Holdings, Equitas SFB get board, shareholders nod for amalgamation

The board of directors and shareholders of Equitas Holdings Ltd (EHL) and Equitas Small Finance Bank (ESFB) on Monday approved the amalgamation scheme of the two companies.

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Biocon partners Adagio for licence to make Covid-19 antibody cocktail

Treatment claims to address the resistant Delta variant as well

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e-Nexon to contribute 5% of company's PV sales soon: Tata Motors CFO

Firm plans to launch 10 electric vehicles by 2025, N Chandrasekaran, chairman, Tata Motors said in a letter to shareholders

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Brain's 'memory center' needed to recognize image sequences but not single sights

The visual cortex stores and remembers individual images, but when they are grouped into a sequence, mice can't recognize that without guidance from the hippocampus, according to a new study.

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Improving air quality reduces dementia risk, multiple studies suggest

Improving air quality may improve cognitive function and reduce dementia risk, according to several recent studies.

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Extreme heat, dry summers main cause of tree death in Colorado's subalpine forests

Even in the absence of bark beetle outbreaks and wildfire, trees in Colorado subalpine forests are dying at increasing rates from warmer and drier summer conditions, found recent research.

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Two types of blood pressure meds prevent heart events equally, but side effects differ

In an analysis of almost 3 million patients taking a single high blood pressure medication for the first time, angiotensin receptor blockers (ARBs) were as good as angiotensin-converting enzyme (ACE) inhibitors at preventing cardiovascular events linked to hypertension, including heart attack, stroke and heart failure. 51 possible side effects and safety concerns were examined: The patients taking ARBs were found to be significantly less likely to develop tissue swelling, cough, pancreas inflammation and bleeding in the digestive tract.

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GlaxoSmithKline Pharma Q1 net profit up 9% at Rs 121 crore

Drug firm GlaxoSmithKline Pharmaceuticals on Monday reported a 9.24 per cent rise in consolidated net profit to Rs 121.08 crore for the quarter ended June 30, 2021.

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Govt should take control of Vodafone Idea, says Deutsche Bank report

The telecom company has sought an extension of the moratorium till April 2023 to pay over Rs 8,000 crore dues related to spectrum purchase

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Eye on revenue growth, Vodafone Idea revises plans for corporate customers

The new plans are aligned with those of Bharti Airtel, which tweaked its tariff last week

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ICICI Bank hits record high post stellar Q1; slips later on profit booking

ICICI Bank reported a strong earnings performance, led by robust core PPOP (pre-provisioning operating profit) performance and controlled provisions

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Axis Bank slips over 1% ahead of Q1 results today; here's what to expect

Emkay Global expects the net profit to zoom 97 per cent YoY and contract 18 per cent QoQ at Rs 2,196 crore

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Axis Bank slips over 1% ahead of Q1 results today; here's what to expect

Emkay Global expects the net profit to zoom 97 per cent YoY and contract 18 per cent QoQ at Rs 2,196 crore

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Stocks to watch: RIL, ITC, Tata Motors, ICICI Bank, JSW Steel, YES Bank

Cipla is recalling 7,228 bottles of Solifenacin Succinate tablets in the US market due to manufacturing issues

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Axis Bank slips over 1% ahead of Q1 results today; here's what to expect

Emkay Global expects the net profit to zoom 97 per cent YoY and contract 18 per cent QoQ at Rs 2,196 crore

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Human Connect: Here to stay forever in the hospitality business

The most troubling question which perhaps is still unanswered by the industry remains - "Can we afford to belittle people in a people first business?"

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Bank Nifty's role crucial in Nifty's march past 16,000 mark: Sameet Chavan

It would be very important for the banking index to surpass the 36,000 mark to push the benchmark to new highs

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Two technical picks by Vaishali Parekh: Buy Maruti Suzuki, TCS

The stock of TCS has corrected and has bottomed out near 3,170 level, taking base near the trendline support zone

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MARKET LIVE: SGX Nifty skids 100 pts; RIL, ICICI Bank, ITC in focus

Stock market LIVE: Axis Bank, DLF, L&T, SBI Life, Tata Motors, and Vedanta are among the 43 companies slated to report their Q1 results today

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MARKET LIVE: SGX Nifty skids 100 pts; RIL, ICICI Bank, ITC in focus

Stock market LIVE: Axis Bank, DLF, L&T, SBI Life, Tata Motors, and Vedanta are among the 43 companies slated to report their Q1 results today

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The family in a pandemic: Will we ever be able to travel with young kids?

A year and a half into the pandemic, policy makers have given little thoughtful guidance to families.

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Coronavirus live: India logs 39,742 new cases; South Africa eases curbs

Coronavirus updates: India's private companies plan to step up vaccination in towns and villages. South Africa eased virus curbs after new infections slowed.

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Tokyo Olympics 2021 LIVE, men's singles TT: Sharath Kamal in action

India men's archery team will play against strong South Korea team in the quarterfinals at 10:15 am IST toda Check India today's Olympics matches, Tokyo 2020 live updates and telecast details in India

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When getting vaccinated could mean winning a $1.4 million apartment

Giveaways are the less politically fraught option, though they have raised ethical questions

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Comprehensive clinical sequencing opens door to the promise of precision medicine

A new study highlights the power of comprehensive whole genome, whole exome and RNA sequencing to better understand and treat each patient's cancer.

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New organ-on-a-chip finds crucial interaction between blood, ovarian cancer tumors

Researchers are pushing organ-on-a-chip devices to new levels that could change the way clinicians approach cancer treatment, particularly ovarian cancer.

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New understanding of cell stability with potential to improve immune cell therapies

Researchers have developed two solutions with potential to overcome a key clinical limitation of immune cell therapies.

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Biocon likely to seek full marketing authorisation for Covid-19 drug

Expects results from phase 4 study of itolizumab by end of this quarter

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CAIT says draft e-commerce rules to end crony capitalism in the sector

The traders' body has also suggested to come up with a monitoring mechanism to ensure compliance of these regulations by the online majors.

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Fuel prices unchanged at record levels for 8th straight day

Prices of petrol and diesel were unchanged for the 8th consecutive day across the four metros on Sunday.

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Gold imports jump multi-fold to $7.9 bn in April-June quarter

Gold imports, which have a bearing on country's current account deficit, jumped multi-fold to $7.9 bn during the April-June 2021 quarter due to low base effect in the wake of Covid, data shows

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Bizongo scales to $150 mn in annualised revenue, nears profitability

Bizongo is backed by investors such as Schroder Adveq, CDC Investment, AddVentures, Chiratae Ventures, IFC, Accel and B Capital Group

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Biocon likely to seek full marketing authorisation for Covid-19 drug

Expects results from phase 4 study of itolizumab by end of this quarter

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FPIs pull out so far Rs 5,689 cr from Indian equities in July

During this period, they invested Rs 3,190.76 crore in the debt segment.

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Pegasus issue: Rajya Sabha MP moves SC seeking court-monitored probe

Rajya Sabha member John Brittas has moved Supreme Court seeking a court-monitored probe into reports of alleged snooping of activists, politicians, journalists

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Private schools report 20-50% dip in revenue; 55% teachers faced salary cut

With Covid pandemic, majority of private schools across the country have reported a 20-50 per cent decrease in revenue, leading to reduction in teachers' salaries at some of them

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IFC lends USD 250 mn to HDFC to promote affordable green housing finance

International Finance Corporation, a private sector investment arm of the World Bank Group, has decided to provide loan of $250 million to promote affordable green housing finance

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Investments on e-mobility in India to depend on stable policy: Yamaha

Japanese two-wheeler major Yamaha is working on an all-new electric vehicle platform for India and other global markets but the company's investments on electric mobility in the country

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IFC lends USD 250 mn to HDFC to promote affordable green housing finance

International Finance Corporation, a private sector investment arm of the World Bank Group, has decided to provide loan of $250 million to promote affordable green housing finance

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E-com giant Amazon may soon allow digital currency as payment mode

Amazon may allow users to pay in cryptocurrencies like Bitcoin soon as the e-commerce giant is hiring a digital currency and blockchain product lead for its payments team.

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Simpliwork Offices plans to raise $50-60 mn to expand business

Realty firm Salarpuria Sattva's co-promoted Simpliwork Offices plans to raise $50-60 mn as equity to expand business in India and enter into overseas markets

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3one4 Capital to fully tie up commitment for over $100 mn fund this quarter

3one4 Capital, an early stage venture capital firm that primarily invests in tech companies -- expects to fully tie up commitments for its latest fund of over $100 mn corpus during current quarter.

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Companies struggling to manage reporting on climate risks, says report

Businesses are finding it hard to manage reporting on climate risks and need to take urgent steps to meet the expectations of regulators as well as investors, according to a report.

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Covid-19: India adds 39,742 new cases, 535 fatalities in last 24 hours

India saw a single day rise of 39,742 coronavirus infections taking the total tally of Covid cases to 3,13,71,901, while the death toll rose to 4,20,551 with 535 fresh fatalities

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M-cap of 6 leading firms drops Rs 76,640 cr; HDFC Bank's setback worst

The market valuation of HDFC Bank tumbled Rs 43,578.18 crore to reach Rs 7,97,422.67 crore.

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China crackdown on tech firms make Hong Kong Index world's biggest loser

Beijing's bold moves to rein in nation's powerful tech firms such as Jack Ma's Ant Group Co., Didi Global Inc. have sent global investors fleeing on concerns over China's tighter grips on data

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16 unicorns, $11bn funding: Indian startups rise sans Chinese money

The great Indian tech startup story is being rewritten amid the Covid-19 pandemic as traditional sectors still bear the brunt.

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Maharashtra:112 dead, 99 missing in rain-related incidents inform officials

About 112 people have lost their lives in rain-related incidents, 99 still missing in Maharashtra till Saturday night, said the Relief and Rehabilitation Department.

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Coronavirus live: Modi likely to talk about Covid-19 on 'Mann ki Baat' show

Coronavirus updates: A civil servant says West Bengal's stock of Covaxin vaccine is 'very low'; Delhi eases most restrictions as its Covid-19 cases fall.

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Longer gap in Pfizer-BioNTech Covid vaccine boosts antibody levels: Study

A longer gap between first and second doses of the Pfizer-BioNTech COVID-19 vaccine generates strong antibody and T cell immune responses, UK researchers have found.

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What makes Covid-19 delta variant such a threat? Ten questions answered

The delta variant has some characteristics that give it a better chance of causing an infection, which means it escapes initial shield provided by antibodies, but vaccinated people are at a lower risk

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Despite Covid curbs, clear indications of economic revival Piyush Goyal

Despite COVID-19 disruptions, there are clear indications of economic revival in India said Union Minister Piyush Goyal on Saturday.

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Tokyo Olympics 2021 LIVE Skeet Mens Qualification: India shooters in action

On Day 2 of Olympics 2021, India medal hopefuls, PV Sindhu and Mary Kom, will also start their campaigns. Check India today's Olympics matches, Tokyo 2020 live updates and telecast details in India

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Covaxin stock 'very low'; may hold up hit vaccinations: Bengal official

The state was supposed to get 75 lakh of vaccine doses this month and received 54 lakh till Friday.

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Sedition law misused to stifle dissent, must be repealed: Former SC judges

Four former Supreme Court judges Saturday batted for repeal of penal provision on sedition and stringent Unlawful Activities (Prevention) Act (UAPA)

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Delta variant forces Silicon Valley giants to rethink office-return plans

Some companies said the recent spike in cases had not yet affected their return-to-office planning. Facebook still intends to reopen at 50 percent capacity by early September

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India plans more power islands to counter cyber, terrorist threats

The plan follows a major power outage in India's financial hub Mumbai last year that brought the city to a halt and prompted speculation about a cyber attack

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Tokyo Olympics 2021 LIVE, men's hockey: IND 1 | 1 NZ in 2nd Quarter

Deepika Kumari and Pravin Jadhav into the quarterfinal of mixed team Archery event. Check India today's Olympics matches, Tokyo 2020 live updates and telecast details in India

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YES Bank may have to forgo issuing 100K cards; inks pact with RuPay

The bank has tied up with National Payments Corporation of India for issuing RuPay cards and will ink a similar deal with VISA

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Don't have fixed timeline to vaccinate all against Covid, says govt

Expects all beneficiaries aged above 18 to be inoculated by December

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Discussing indemnity, other issues with foreign Covid vaccine makers: Govt

A team of central government officials is in continuous dialogue with foreign Covid vaccine manufactures like Pfizer, Moderna and Johnson and Johnson to discuss and address various issues

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SC dismisses Vi, Airtel pleas seeking correction of AGR due calculation

The Supreme Court observed that it has said not just once, but twice and thrice that AGR demand can't be recomputed

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High-paid jobs saw salary hike during Covid-19 lockdown, says PLFS

The Periodic Labour Force Survey for 2019-20 has found that average salary of those in the regular wage/salaried status actually rose by 5 per cent in the lockdown period from the previous quarter

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Gig economy to boost employment of Indian women in formal sector: Study

Alternative work arrangements in the gig economy have the potential to absorb more women and increase their participation in the workforce with some amount of reskilling, according to a latest study.

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Tesla seeks lower taxes on sale of imported EVs in India: Report

The California-based maker of electric vehicles has written to the transport and industry ministries for reducing import duty on electric cars to 40 per cent from the current range of 60%-100%

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Low cut-off yield sees newly-launched 10-yr bond devolve in second auction

Of the Rs 14,000 crore of bonds on offer, RBI made the primary dealers, or the underwriters buy Rs 11,144.145 cr

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Q1 results: Reliance Jio net profit rises 45% to Rs 3,651 crore

Adds 14.4 mllion users in quarter, taking total to 440.6 million

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RIL consolidated Q1 PAT falls 7% to Rs 12,273 crore, beats estimate

Exceptional gains in year-ago quarter pulls down profit; O2C and digital services key drivers, retail impacted by lockdowns

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Advantages of intranasal vaccination against SARS-CoV-2

There are many reasons that an intranasal vaccine against the SARS-CoV-2 virus would be helpful in the fight against COVID-19 infections, immunologists write in a new article.

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Neuroscientists posit that brain region is a key locus of learning

Long thought of as a generic alarm system, the locus coeruleus may actually be a sophisticated regulator of learning and behavior, according to a new review.

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Americans with higher net worth at midlife tend to live longer

In a wealth and longevity study to incorporate siblings and twin pair data, researchers analyzed the midlife net worth of adults (mean age 46.7 years) and their mortality rates 24 years later. They discovered those with greater wealth at midlife tended to live longer.

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Better healthcare management can reduce the risk of delirium among older adults

New research by an Executive PhD Research student at the Business School (formerly Cass) outlines how elderly patients with neurological conditions are significantly more likely to develop delirium shortly after they are hospitalised, and those admitted on Sunday and Tuesday are more likely to develop the disorder.

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'Feel good' brain messenger can be willfully controlled, new study reveals

Researchers have discovered that spontaneous impulses of dopamine, the neurological messenger known as the brain's 'feel good' chemical, occur in the brain of mice. The study found that mice can willfully manipulate these random dopamine pulses for reward.

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High-paid jobs saw salary hike during Covid-19 lockdown, says PLFS

The Periodic Labour Force Survey for 2019-20 has found that average salary of those in the regular wage/salaried status actually rose by 5 per cent in the lockdown period from the previous quarter

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What does a virtual roller coaster ride tell us about migraine?

When experiencing the ups and downs of a virtual roller coaster ride, people who get migraine headaches reported more dizziness and motion sickness than people who do not get migraines, according to a new study.

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Reverse optogenetic tool developed

A new optogenetic tool, a protein that can be controlled by light, has been characterized by researchers. They used an opsin -- a protein that occurs in the brain and eyes -- from zebrafish and introduced it into the brain of mice. Unlike other optogenetic tools, this opsin is not switched on but rather switched off by light. Experiments also showed that the tool could be suitable for investigating changes in the brain that are responsible for the development of epilepsy.

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Jio's Q1 net rises 45% to Rs 3,651 crore; ARPU stays flat at Rs 138.4

Adds 14.4 mllion users in quarter, taking total to 440.6 million

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Tesla seeks lower taxes on sale of imported EVs in India: Report

The California-based maker of electric vehicles has written to the transport and industry ministries for reducing import duty on electric cars to 40 per cent from the current range of 60%-100%

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Federal Bank posts 13% decline in net profit to Rs 356.8 cr for Jun quarter

Private sector lender Federal Bank on Friday posted a 12.87 per cent decline in its consolidated net profit for the June 2021 quarter to Rs 356.76 crore

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Parkinson's disease: How lysosomes become a hub for the propagation of the pathology

Over the last few decades, neurodegenerative diseases became one of the top 10 global causes of death. Researchers worldwide are making a strong effort to understand neurodegenerative diseases pathogenesis, which is essential to develop efficient treatments against these incurable diseases. A team of researchers found out the implication of lysosomes in the spread of Parkinson's disease.

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Artificial intelligence models to analyze cancer images take shortcuts that introduce bias

A new study shows that deep learning models trained on large sets of cancer genetic and tissue histology data can easily identify the institution that submitted the images.

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Scientists provide new insight on how to stop transcription of cancer cells

Findings could help pave the way for cancer therapies that target TAF12, potentially stopping transcription in cancer cells and helping decrease the growth of cancerous tumors.

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Higher levels of omega-3 acids in the blood increases life expectancy by almost five years

Researchers have found that omega-3 levels in blood erythrocytes are very good mortality risk predictors. The study used data from a long-term study group, the Framingham Offspring Cohort, which has been monitoring residents of this Massachusetts town, in the United States, since 1971 and concludes that, 'Having higher levels of these acids in the blood, as a result of regularly including oily fish in the diet, increases life expectancy by almost five years.'

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Antibiotics may help to treat melanoma

Some antibiotics appear to be effective against a form of skin cancer known as melanoma. Researchers examined the effect of these antibiotics on patient-derived tumors in mice.

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Targeted removals and enhanced monitoring can help manage lionfish in the Mediterranean

New research represents one of the first studies to examine the effectiveness of targeted lionfish removals from both an ecological and a socio-economic perspective.

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3D imaging reveals neural 'vicious cycle' in fatty liver disease

With the application of a novel three-dimensional imaging technology, researchers have discovered that one portion of the autonomic nervous system in the liver undergoes severe degeneration in non-alcoholic fatty liver disease. The study, which is conducted in mice and human liver tissue, shows that the degeneration of nerves is correlated with the severity of liver pathology.

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Scientists develop tougher, safer bicycle helmets using new plastic material

Researchers have developed a tougher, safer bicycle helmet using a combination of materials. The new helmet prototype has higher energy absorption, reducing the amount of energy transferred to a cyclist's head in the event of an accident and likely lowering the chances of serious injury.

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Evidence of sustained benefits of pimavanserin for dementia-related psychosis

Researchers have published evidence of the sustained benefits of an investigational antipsychotic treatment for people with dementia-related psychosis.

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Q1 results: HUL's net profit rises 10.7%, beats Street estimates

Health, hygiene and nutrition grow 16% over pre-Covid levels

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Cash-strapped Vodafone Idea gets nod for FDI up to Rs 15,000 crore

Fund-raise set to help cash-strapped telco cut debt and pay AGR dues

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Websites of airlines, banks, tech firms recover from brief global outage

Websites of Delta Air Lines, Costco Wholesale Corp , American Express and Home Depot were down, displaying domain name system (DNS) service errors.

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Inflationary situation in India is at a 'very risky bend': Kaushik Basu

India needs a much better curation of policy once again between the Reserve Bank of India and the finance ministry, says former CEA

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Medical entrance exam NEET to have centre in Dubai this year: Officials

Earlier this month, the ministry had announced that for the first time the exam will be conducted in Kuwait to facilitate the Indian student community in the Middle East

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Anil Ambani's numbers added to Pegasus hacked phone list, says report

The report said the mere presence of a number on this list does not imply the smartphone connected to Anil Ambani's phone was successfully snooped upon

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Scientists reverse age-related memory loss in mice

Scientists have successfully reversed age-related memory loss in mice and say their discovery could lead to the development of treatments to prevent memory loss in people as they age.

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Llama 'nanobodies' could hold key to preventing deadly post-transplant infection

Scientists have developed a 'nanobody' - a small fragment of a llama antibody - that is capable of chasing out human cytomegalovirus (HCMV) as it hides away from the immune system. This then enables immune cells to seek out and destroy this potentially deadly virus.

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Scientists harness the naturally abundant CRISPR-Cas system to edit superbugs with the hope of treating infections caused by drug resistant pathogens

Researchers reported the development of a transferrable and integrative type I CRISPR-based platform that can efficiently edit the diverse clinical isolates of Pseudomonas aeruginosa, a superbug capable of infecting various tissues and organs and a major source of nosocomial infections. The technique can accelerate the identification of resistance determinants of multidrug resistant (MDR) pathogens and the development of novel anti-resistance strategies.

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Informing policy for long-term global food security

More than 820 million people in the world don't have enough to eat, while climate change and increasing competition for land and water are further raising concerns about the future balance between food demand and supply. The results of a new study can be used to benchmark global food security projections and inform policy analysis and public debate on the future of food.

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MRI, clear cell likelihood score correlate with renal mass growth rate

The standardized non-invasive clear cell likelihood score (ccLS) -- derived from MRI -- correlates with the growth rate of small renal masses (cT1a, <4 cm) and may help guide personalized management.

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Study finds calcium precisely directs blood flow in the brain

Researchers have shown how the brain communicates to blood vessels when in need of energy, and how these blood vessels respond by relaxing or constricting to direct blood flow to specific brain regions.

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Covid-19 impact: ICICI Lombard net profit falls 62% in April-June quarter

In the April-June quarter, the insurer posted an underwriting loss of Rs 508.16 crore against an underwriting profit of Rs 38.16 crore in the year-ago period.

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Fairfax-backed CSB Bank Q1 net profit jumps 14% to Rs 61 crore

Sequentially, too, the Kerala-based bank reported improved numbers, posting a rise of 42 per cent.

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Chromosomes separation under focus

During cell division, chromosomes are duplicated and separated so that one copy of each chromosome is inherited by each of the two emerging daughter cells. Correct distribution of chromosomes requires high accuracy and defects in this process can cause aberrant distribution of chromosomes and facilitate cancer development. By analyzing the structure of the protein responsible for chromosome separation, a team has shed light on the mechanisms controlling this essential player in cell division.

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Toxicity testing on the placenta and embryo

Researchers have developed a cell culture test to detect substances that are directly or indirectly harmful to embryos. Based on an existing test used for developing new drugs and chemicals, the augmented version is designed to help reduce the number of animal experiments.

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Advancing the long-term well-being of people living with HIV

A global multidisciplinary group of HIV experts has developed a consensus statement identifying the key issues health systems must address in order to move beyond the longtime emphasis on viral suppression to instead deliver integrated, person-centered healthcare for people living with HIV throughout their lives.

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Researchers find immune component to rare neurodegenerative disease

Researchers have identified an immune protein tied to the rare neurodegenerative condition known as Niemann-Pick disease type C. The finding, made in mouse models, could offer a powerful new therapeutic target for Niemann-Pick disease type C, a condition that was identified more than a century ago but still lacks effective treatments.

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New study confirms relationship between toxic pollution, climate risks to human health

In a new study that combines assessments of the risks of toxic emissions, nontoxic emissions and people's vulnerability to them, researchers found a strong and statistically significant relationship between the spatial distribution of global climate risk and toxic pollution.

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Ibrutinib effective treatment for difficult-to-treat forms of hairy cell leukemia, study finds

The oral targeted therapy drug ibrutinib is an effective treatment option for high-risk hairy cell leukemia, according to a new study.

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Breastfeeding, even for a few days, linked to lower blood pressure in early childhood

Babies who were breastfed, even for a few days, had lower blood pressure at 3 years of age than children who had never been breastfed. Toddlers who had been breastfed had lower blood pressure regardless of their body mass index or their mothers' social, health or lifestyle factors.

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Residential proximity to oil and gas drilling linked to lower birthweights in newborns

A new study has found that infants born within three kilometers of oil and natural gas drilling facilities in Texas had slightly lower birthweights than those born before drilling began in their vicinity.

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C is for Vitamin C -- a key ingredient for immune cell function

Regulatory T cells (Tregs) help control inflammation and autoimmunity in the body. Unfortunately, it has proven difficult to find the right molecular ingredients to induce stable iTregs. Now a new study reports that Vitamin C and TET proteins can work together to give Tregs their life-saving power.

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Blocking how the malaria parasite suppresses the immune response

The parasites that cause severe malaria are well-known for the sinister ways they infect humans, but new research may lead to drugs that could block one of their most reliable weapons: interference with the immune response.

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Scientists link frailty and neurocognitive decline in childhood cancer survivors

Scientists have shown that frailty contributes to neurocognitive decline in young adult survivors of childhood cancer.

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Bharti Airtel-Intel network deal to speed up 5G service roll-out

Airtel and other telecommunications (telecom) operators are conducting 5G trials in select cities across India

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Lighter, deadlier Gen Next Akash Missile flight-tested off Odisha coast

The missile will be offered for export; possibility of sales to east Asian and African countries

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Real estate industry to grow five-fold to $1 trn by 2030: Housing Secy

Durga Shanker Mishra says that in line with PM's vision of 'Housing for All by 2022', some 11.2 mn houses have been sanctioned and 5 mn have already been allotted

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Real estate industry to grow five-fold to $1 trn by 2030: Housing Secy

Durga Shanker Mishra says that in line with PM's vision of 'Housing for All by 2022', some 11.2 mn houses have been sanctioned and 5 mn have already been allotted

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Property mkt to touch $1 trn by 2030 on high demand, reforms: Housing secy

The Indian real estate market is estimated to touch $1 trn by 2030 driven by rising demand and various reforms in the past seven years, Housing and Urban Affairs Secretary Durga Shanker Mishra said

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Property mkt to touch $1 trn by 2030 on high demand, reforms: Housing secy

The Indian real estate market is estimated to touch $1 trn by 2030 driven by rising demand and various reforms in the past seven years, Housing and Urban Affairs Secretary Durga Shanker Mishra said

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IBBI amends regulations for insolvency process to enhance transparency

Seeking to enhance transparency in insolvency process, IBBI has amended regulations for corporate insolvency proceedings

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Wearable brain-machine interface turns intentions into actions

An international team of researchers is combining soft scalp electronics and virtual reality in a brain-interface system.

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Breakthrough in detection of SARS-CoV-2 variant in wastewater

Researchers have developed an innovative method to detect and quantify the more transmissible B.1.1.7 (Alpha) variant of concern via wastewater epidemiology.

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Smartphone gaming can be harmful for some seeking relief from boredom, study finds

Smartphone gaming can be harmful to players who game to escape their negative mood and feelings of boredom, a new study has found.

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Bharti Airtel-Intel network deal to speed up 5G service roll-out

Airtel and other telecommunications (telecom) operators are conducting 5G trials in select cities across India

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Policybazaar all set to hit the market, raise Rs 6,500 crore via IPO

The Softbank-backed insurance aggregator is also likely to consider offer for sale from some of its investors

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More than 1.5 million children lost a primary or secondary caregiver due to the COVID-19 pandemic

More than 1.5 million children around the world are estimated to have lost at least one parent, custodial grandparent, or grandparent who lived with them due to death related to COVID-19 during the first 14 months of the pandemic, according to a new study.

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COVID-19 shutdowns reveal racial disparities in exposure to air pollution

A new study of COVID-19 shutdowns in the United States reveals pronounced disparities in air pollution -- with disenfranchised, minority neighborhoods still experiencing more exposure to a harmful air pollutant compared to wealthier, white communities.

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Novel method for glucagon delivery

A chemical and biomolecular engineer is rethinking the traditional use of glucagon as an emergency response by administering it as a preventive measure.

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Unleashing Treg cells may lead to treatments for multiple sclerosis

In a new study, researchers found that a certain protein prevented regulatory T cells (Tregs) from effectively doing their job in controlling the damaging effects of inflammation in a model of multiple sclerosis (MS), a devastating autoimmune disease of the nervous system.

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'Springing forward' affects early birds less than night owls

Every spring, the Daylight Saving Time shift robs people of an hour of sleep - and a new study shows that DNA plays a role in how much the time change affects individuals. People whose genetic profile makes them more likely to be 'early birds' can adjust to the time change in a few days. But those who tend to be 'night owls' could take more than a week to get back on track.

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Scientists uncover how a molecule improves appearance of surgery scars

In a new study, Fralin Biomedical Research Institute at VTC scientists discovered that the alphaCT1 molecule may help repair the skin's collagen matrix by altering how scar-forming cells behave. The findings were published in the Federation of American Societies for Experimental Biology Journal.

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Google builds on India bet, set to buy 2-year-old start-up simsim

The financial details of the deal were not disclosed. simsim was founded in June 2019.

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Zomato raises $1.26 bn in IPO, valuation to reach $8 bn: Report

The company, which is backed by Ant Group, will be valued at up to $8 billion following the IPO which is the first for a food delivery group in India.

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Institutional investment in realty to grow 4% to Rs 36,500 cr: Report

Institutional investment in real estate is likely to rise by 4 per cent to $5 billion (Rs 36,500 crore) during this calendar year with investors looking to snap up properties at attractive valuations

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SARS-CoV-2: Achilles' heel of viral RNA

Certain regions of the SARS-CoV-2 genome might be a suitable target for future drugs, researchers have found. With the help of dedicated substance libraries, they have identified several small molecules that bind to certain areas of the SARS-CoV-2 genome that are almost never altered by mutations.

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Is bacterial acidity a key to tackle antimicrobial resistance?

Decreasing bacterial acidity could help reduce antimicrobial resistance by eliminating bacteria that can survive being treated with antibiotics.

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Untrained beer drinkers can taste different barley genotypes

When it comes to craft beer, the flavor doesn't have to be all in the hops. As a panel of amateur beer tasters at Washington State University recently demonstrated, malted barley, the number one ingredient in beer besides water, can have a range of desirable flavors too.

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Strong signals: Modeling the dynamics of cell differentiation in the development of bile ducts

Scientists employed a mathematical model to simulate the differentiation of epithelial cells based on signaling molecules from the liver's portal vein. This work may lead to new tools to better understand the very complicated signaling pathways involved in cell differentiation.

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No IgA leads to intestinal inflammation in mice

Researchers have found that immunoglobulin A (IgA) deficiency leads to disruption of the ileal gut microbiota and increased inflammation in the ileum in mice. This suggests that IgA plays an important role in mucosal homeostasis by regulating the intestinal microbiota and protecting against mucosal inflammation, especially in the ileum

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Revealing the secrets of cell competition

Cellular competition is a crucial quality control process that ensures that the development of an organism relies on healthy cells. Researchers revealed the secrets underlying cell competition and what features can pre-determine whether a cell will survive or not. Defects in energy production are critical in making cells vulnerable to elimination.

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Google builds on India bet, set to buy 2-year-old start-up simsim

The financial details of the deal were not disclosed. simsim was founded in June 2019.

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Wipro sells entire shareholding in IntSights for $19.17 million

During 2016-19, Wipro acquired minority stake of less than 20 per cent in IntSights

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Amarinder won't meet Sidhu till he apologises, says Punjab CM's team

Toughening his stance, Punjab Chief Minister Amarinder Singh on Tuesday clarified that he won't meet new state party chief Navjot Singh Sidhu till he publicly apologises to him.

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Study finds surprising source of social influence

New research found that social influencers are unlikely to change a person's behavior by example. To stimulate a shift in people's thinking, target small groups of people in the outer edge or fringe of a network.

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Copper transporter potential new treatment target for cardiovascular disease

An internal transporter that enables us to use the copper we consume in foods like shellfish and nuts to enable a host of vital body functions also has the essential role of protecting the receptor that enables us to grow new blood vessels when ours become diseased, scientists report.

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ICICI Pru Life slips into red, logs Rs 186-crore loss in April-June quarter

Assets under management increased by 31.3 per cent to Rs 2.23 trillion at the end of the April-June quarter.

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HealthifyMe raises $75 mn funding from Khosla Ventures, LeapFrog

HealthifyMe said its users have lost 20 million pounds of weight, tracked over 1 billion foods and burnt over 66 billion calories working out on HealthifyMe.

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India's automotive electronics market to cross $18 bn by 2027: Report

India's automotive electronics market is expected to cross $18 billion by 2027 driven by rising income levels and increasing customer preference for in-vehicle digital experience

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New study examines commuter characteristics and traffic pollution exposure among commuters

New research examines commuter characteristics to better understand how factors such as departure time, frequency, and commute length are associated with exposure to air pollution. Using personal air pollution monitors, the research clustered commuters to determine whether these clusters were associated with traffic pollution exposures. The study reveals that commuters that travel during rush hour have higher overall exposure to traffic-related air pollution compared to sporadic commuters, though the difference was not statistically significant.

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A new, inexpensive way to heal chronic wounds

Scientists are developing a low-cost, practical biopolymer dressing that helps heal chronic wounds.

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How cells control mitochondria

Researchers discover a signaling protein that controls the assembly of human cellular 'power plants'.

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Robotic neck brace can help analyze cancer treatment impacts

A new robotic neck brace may help doctors analyze the impact of cancer treatments on the neck mobility of patients and may help guide their recovery.

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Why MS patients develop progressive disability

Did you know multiple sclerosis (MS) means multiple scars? New research shows that the brain and spinal cord scars in people with MS may offer clues to why they developprogressive disability but those with related diseases where the immune system attacks the central nervous system do not. Researchers assessed if inflammation leads to permanent scarring in these three diseases.

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RNA modification may protect against liver disease

An RNA modification may offer protection against non-alcoholic fatty liver, a condition that results from a build-up of fat in the liver and can lead to advanced liver disease, according to a new study. The modification may also explain why females tend to have higher fat content in the liver.

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Living near woodlands is good for children and young people's mental health

Analysis of children and young people's proximity to woodlands has shown links with better cognitive development and a lower risk of emotional and behavioural problems, in new research that could influence planning decisions in urban areas.

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Novel autoantibody adds fuel to COVID-19 'firestorm' of inflammation, blood clots

Researchers have discovered another functional autoantibody in COVID-19 patients that contributes to the disease's development and the 'firestorm' of blood clots and inflammation it induces. The autoantibody makes it much harder for the body to degrade neutrophil extracellular traps, the toxic webs of DNA and proteins produced by overactive immune cells at heightened levels in COVID patients.

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When money's tight, parents talk less to kids; could this explain the word gap?

Parenting deficiencies have long been blamed for the vocabulary gap between low-income children and their more affluent peers. But new research implicates the economic context in which parenting takes place -- in other words, the wealth gap.

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Non-neuronal cells drive sex differences in early brain development

A new study shows that during development, brain cells may find different ways to connect with each other based on sex.

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Researcher's work with flies could be birth control boon

When it comes to making eggs, female flies and female humans are surprisingly similar. And that could be a boon for women seeking better birth control methods, a researcher reports.

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For concussion patients, CTs offer window into recovery

CT scans for patients with concussion provide critical information about their risk for long-term impairment and potential to make a complete recovery - findings that underscore the need for physician follow-up.

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High respiratory efforts in COVID-19 patients could result in self-inflicted lung injury, study shows

Some COVID-19 patients who experience acute respiratory failure respond by significantly increasing their respiratory effort -- breathing faster and more deeply. There is concern among some doctors that this level of respiratory effort can lead to further damage to these patients' lungs. Working with intensive care clinicians, engineering researchers have used computational modeling to provide new evidence that high respiratory efforts in COVID-19 patients can produce pressures and strains inside the lung that can result in injury.

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Allow life insurers to sell pension-based health policies: HDFC Life chief

Regulators should allow the life insurance firms to sell pension and indemnity based health policies, as it will lead to greater penetration of insurance, HDFC Life chairman Deepak Parekh said

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Growth in FY'22 to be around 11% as projected in Economic Survey, says CEA

He also said the overall impact of the second wave on the economy will not be very large.

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HCL Tech Q1 net up 9.9% to Rs 3,214 cr on cloud, digital shift deals

Shiv Nadar to move on and take over as chairman emeritus and strategic advisor to the Board for five years. C Vijayakumar, president and CEO, named managing director

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Bumper listing for GR Infra at 2x the issue price, Clean Science up 76%

GR Infra's listing day gains were best this year after Indigo Paints, while the surge in Clean Science is now the fourth best, behind MTAR Tech

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Blackstone to acquire majority stake in Simplilearn for $250 million

Simplilearn Solutions on Monday said Blackstone will acquire a majority stake in the edutech company for USD 250 million (about Rs 1,860 crore).

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Study shows why second dose of COVID-19 vaccine shouldn't be skipped

The second dose of a COVID-19 vaccine induces a powerful boost to a part of the immune system that provides broad antiviral protection, according to a new study.

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AGR dues cannot be recomputed: Supreme Court reserves order

But telcos Airtel, Vi, Tata Tele say arithmetical errors can be rectified and that there are duplication of entries

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Vedanta invites partnership from cement companies for by-products

Vedanta on Monday said its aluminium vertical has invited partnerships from cement producers like ACC, UltraTech Cement and JK Cement to use its by-products for manufacturing low-carbon cement.

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BharatPe offering BMW bikes, iPads and Dubai trips to attract tech talent

The fintech firm aims to triple the strength of its technology team and is hiring 100 candidates

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Sebi, DRI probing some Adani Group firms for non-compliance of rules: Govt

Adani group says it's been transparent, complying with laws

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Razorpay acquires TERA Finlabs; bags third firm in less than 3 years

TERA Finlabs is a Bengaluru-based startup that provides technology, risk and capital solutions.

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SoftBank-backed Lenskart raises $220 million as India's tech industry booms

Lenskart sold about 8 million pairs of eyewear last year and is aiming to grow that by 30 per cent in the year ending March 2022

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Heavy rain lashes Delhi, Haryana; Met department predicts more rainfall

Several parts of Delhi received incessant rainfall on Monday morning

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SoftBank-backed Lenskart raises $220 million as India's tech industry booms

Lenskart sold about 8 million pairs of eyewear last year and is aiming to grow that by 30 per cent in the year ending March 2022

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Stocks to watch: HDFC Bank, HCL Tech, Clean Science, GR Infra, Just Dial

Reliance Retail Ventures, a subsidiary of Reliance Industries said it will acquire a 40.95 per cent stake in Just Dial for Rs 3,497 crore

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Phone nos of ministers, journos in India could have been hacked: Report

Indian government dismisses allegations of any kind of surveillance on its part on specific people.

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MARKET LIVE: SGX Nifty sinks over 200 pts; HDFC Bank, RIL in focus

Stock market LIVE: Concerns about the impact of elevated inflation and Covid-19 outbreaks on economic prospects weighs on sentiment

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MARKET LIVE: SGX Nifty sinks over 200 pts; HDFC Bank, RIL in focus

Stock market LIVE: Concerns about the impact of elevated inflation and Covid-19 outbreaks on economic prospects weighs on sentiment

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Two stock recommendations by Vaishali Parekh: Buy Bata, Wockhardt

After a decent correction from the peak level, Wockhardt stock has bottomed out near Rs 520 zone

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Oil prices fall more than 1% after OPEC+ agrees to boost supply

Brent crude was down $1, or 1.4%, at $72.59 a barrel by 0037 GMT, after falling nearly 3% last weekhttps://bsmedia.business-standard.com/_media/bs/img/hp/home-page/2021-07/19/6402/thumb/1626627415-9003.jpg

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Top headlines: Parliament meets, firms face heat on independent valuation

Here are the top headlines on Monday morning

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Coronavirus LIVE: India logs 38325 cases, no deaths in Delhi in last 24 hrs

Coronavirus LIVE updates: Pune reported 545 new infections, followed by Mumbai (1,481), Bengaluru (432), Chennai (150), Delhi (51). Stay tuned for corona-related news

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Global growth boom may disappoint, says Morgan Stanley's Ruchir Sharma

Sharma, who is the author of bestsellers including "Breakout Nations" in 2012 and "The Rise and Fall of Nations" in 2016, isn't predicting a global bust

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Oil market sees improved demand, decline in surplus supply: Iraq minister

Iraqi Oil Minister Ihsan Abdul Jabbar said on Sunday that the oil market has seen an improvement in demand and a decline in surplus and stockpiles

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GST payable only on profit earned from resale of gold jewellery

Karnataka Authority for Advance Ruling has held that in case of resale of second-hand gold jewellery, jewellers have to pay GST only on the profit earned from such sale

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India Inc's overseas direct investment in June doubles at $2.8 bn

The overseas direct investment of domestic companies more than doubled to $2.80 billion in June this year, according to RBI data

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FPIs turn cautious, pull out Rs 4,515 cr from Indian equities in July

Foreign Portfolio Investors (FPI) who have turned cautious again, have so far withdrawn net investments worth Rs 4,515 crore in July.

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Gold ETFs attract Rs 1,328 cr in Jun qtr; inflow to continue: Experts

Gold exchange-traded funds (ETFs) attracted Rs 1,328 crore from investors in the quarter ended June 2021 and experts believe that inflows will continue in the coming months of the fiscal.

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Discoms' outstanding dues to gencos fall 15.25 pc to Rs 82,305 cr in May

Total outstanding dues owed by electricity distribution utilities or discoms to power producers fell 15.25 per cent to Rs 82,305 crore in May 2021 from a year ago.

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India can fulfil 50% coking coal requirement from Russia: JSPL MD

India can fulfil its 50 per cent requirement of coking coal from imports from Russia, a top industry executive has said.

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Biden administration proposes first in-person Quad Summit in September

President Joe Biden's administration has proposed the first in-person 'Quad' meeting with leaders of India, Japan and Australia in late September

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Israeli software used to snoop on journalists, activists worldwide: Report

Over 40 journalists from India from prominent outlets featured on the list

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LIC's NPAs in debt portfolio reduce, persistency ratio improves in FY21

In FY21, gross NPAs of LIC reduced by 39 basis points (bps) to 7.78 per cent from 8.17 per cent a year ago.

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IBA to soon move application to RBI for setting up Rs 6,000-cr bad bank

Having secured licence from Registrar of Companies,Indian Banks' Association will soon move an application to RBI to set up a Rs 6,000-crore National Asset Reconstruction Company Ltd or bad banks

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Adani group rejigs airport business leadership, names execs for new roles

R K Jain, chief executive officer of Mumbai airport, has made the CEO of the group's airport division.

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Heavy rains lash Mumbai; 25 die in house collapses after landslides

Twenty five people died in house collapses triggered by landslides following incessant overnight rains in Mumbai, which caused water logging, disruption of suburban train services officials said

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Small businesses to launch over 2,400 products for Prime Day: Amazon India

Amazon India said over 100 small and medium businesses including startups, women entrepreneurs, weavers are launching more than 2,400 products across categories for Prime Day.

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Adani group rejigs airport business leadership, names execs for new roles

R K Jain, chief executive officer of Mumbai airport, has made the CEO of the group's airport division.

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Automobile exports recover in Q1 amid improved pandemic situation globally

Automobile exports from India recovered in the first quarter in all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth as pandemic situation improves

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Witnessing V-shaped recovery, looking at record sales in India: Lamborghini

Lamborghini is looking at a record year in India in terms of sales, riding on a V-shaped recovery in demand post Covid-related disruptions and positive sentiments

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Q1 earnings to guide equity markets in holiday-shortened week say analysts

The first quarter earnings season will dictate the trend in the equity markets in this holiday-shortened week amid absence of major macroeconomic drivers, say analysts.

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GCPL working on diversity in ops, promotes inclusion on gender and LGBT+

Godrej Consumer Products Ltd is building diversity in operations, promoting inclusivity through affirmative stances on gender and LGBT+ rights, hiring from different backgrounds and skills

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Sonia sets up parliament groups, Adhir to stay as floor leader

Congress president Sonia Gandhi has reconstituted the party's parliament groups for both houses for effective functioning of party. Adhir Ranjan Chowdhury stay as leader of the party

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15 dead in house collapses as heavy rains pummel Mumbai

Fifteen people died in house collapses triggered by landslides as incessant overnight rains pounded Mumbai and nearby areas, with the city witnessing severe water logging, disruption of local trains

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2 athletes at Olympic Village test positive for Covid, another at hotel

Three athletes, two of them staying at the Olympic Village, have tested positive for COVID-19, the Games Organising Committee announced on Sunday.

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Record steel prices inject life into industry; India set to boost capacity

Industrial demand propels rallies, with plants straining to boost supply after lying dormant during pandemic.

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11 killed in wall collapse in Mumbai's Chembur, rescue operations underway

As many as 11 people were killed after a wall collapsed on some shanties in Chembur's Bharat Nagar area in Mumbai due to a landslide, said National Disaster Response Force (NDRF) on Sunday.

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Heavy rains pummel Mumbai; local train services suspended,traffic disrupted

Incessant overnight rains threw parts of Mumbai out of gear on Sunday with the city witnessing severe water logging, disruption of local train services and vehicular traffic.

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Covid-19 live updates: UP cancels Kanwar Yatra, France accepts Covishield

Coronavirus LIVE updates: India says it has given 400 million Covid-19 vaccine doses; Tokyo Olympics registered its first case at the athletes' village.

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