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Business

Abu Dhabi authority helps Reliance Jio raise Rs 1 lakh crore

The Abu Dhabi Investment Authority has been investing funds on behalf of the UAE government since 1976 for primarily long-term value creation

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Business

Cardless cash withdrawal from ATM to prevent COVID contraction from fomites

In order to avail the cardless cash withdrawal facility, customers are required to download the respective bank’s mobile app

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Business

WeTransfer must be blocked, govt tells ISPs

Reliance Jio, Vodafone Idea and Hathway have blocked WeTransfer for their subscribers; the website is still accessible to Airtel users

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Business

Ratan Tata: Personal letters to Pallonji Mistry give legal right

Mistry had filed an application to place 3 letters written by Ratan Tata to Pallonji Mistry, who had served on the board of Tata Sons

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Business

SpiceJet operates cargo flights to Sudan, South Korea

In a press release, SpiceJet said its maiden flights to the two countries carried 16 tonnes of cargo each

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Business

Airfares capped for an unprecedented three months

This is the first time that the Indian government has capped airfares for such a long duration; during natural calamities, it lasts a few days

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Business

E-commerce cos waiting for signals from states to resume services

Senior VP of e-commerce enabler Paytm Mall Srinivas Mothey said the lockdown relaxation would help the company deliver even in red zones

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Business

ePaisa appoints Pravinkumar Bhandari as new CEO

Shahin Kunnath, ePaisa COO, said, ‘Pravin comes with a vast 20+ years of experience and this would further strengthen the leadership of the company’

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Business

Jio, with foreign buyers aplenty, raises Rs 60K crore

The company says it’s a matter of pride if leading global investor companies are so enthusiastic about investing in Indian startups like Jio

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Business

DoT works to resolve tech glitch to speed up tower clearances

In the face of this increased demand, telcos have urged DoT to speed up the clearance process to 30 days, from about 90 now