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Indian edtech firm Vedantu acquires doubt-solving platform Instasolv

Vedantu, an India-based edtech firm has announced it has acquired doubt-solving platform Instasolv for an undisclosed sum. The acquisition is expected to add about 1 million users on Vedantu’s app. Meanwhile, Instasolv will leverage Vedantu’s existing capabilities in live classes, tech, product, and content....

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Mukesh Ambani's $3.4 billion deal with Future stalled

The Supreme Court halted regulatory approval for the Future Group's $3.4 billion asset sale to Reliance Industries Ltd., delaying the deal in a boost for Amazon.com Inc., which wants to scuttle the transaction in its bid to dominate the country's retail sector. Agreeing with the American e-commerce...

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Facebook agrees to restore news content in Australia

Facebook has agreed to restore the pages of Australian news publishers on its platform after the Australian Government added some new amendments to its proposed Media Bargaining ...

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Foxconn to launch Electric cars by the end of this year

Foxconn Technology has set up a joint venture with Chinese carmaker Zhejiang Geely Holding Group Co. last month. Two light vehicles designed using Foxconn's EV...

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IBM is considering sale of Watson Health amid cloud focus

IBM is considering a sale of its IBM Watson Health business, the move that would help newly appointed Chief Executive Officer Arvind Krishna focus on faster-growing cloud computing operations. ...

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Ookla reports Vodafone Idea's 4G speed as the fastest among telcos in Oct-Dec

According to the Ookla, the 4G wireless service of Vodafone Idea (Vi), which also includes download and upload speeds, was the fastest among telecom operators in India during October-December....

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RailTel Corporation of India to put its IPO on sale on February 16

RailTel Corporation of India is coming up with its public offer for subscription on February 16. The price for the public issue is fixed at Rs 93-94 per share, which is 9.30-9.40 times the face value of equity shares. The offer will be over by February 18....

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Sebi considering a proposal to introduce framework to compensate investors for technical glitches

The market regulator, Sebi is planning a proposal to come up with a framework to make sure that in incidents of technical glitches whereby compensation would be given to investors. ...

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SAP chairs Paul Marriott as President for Asia Pacific Japan

SAP SE announced the appointment of Paul Marriott as President for Asia Pacific Japan (APJ). Building on SAP’s success and presence over the past 32 years in the APJ region...

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UK's trade secretary Liz Truss discusses innovation in healthcare sector with Serum Institute CEO

UK’s Secretary of State for International Trade, Liz Truss and a delegation have met Adar Poonawalla, Chief Executive Officer (CEO) of Serum Institute of India (SII). ...