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RIL consolidated Q3 net profit rises 12.5% to Rs13,101 cr

Reliance’s profit and operating margin were boosted by a fall in total expenditure and reduced tax expenses aithough its revenue was down 23.1 per cent year-on-year and operating fell 5.2 per cent

Joe Biden and Kamala Harris take charge of US administration

The 78-year-old Joe Biden becomes the oldest to be sworn in as President of the United States, while Kamala Harris, 56, created history as the first woman to be sworn in as Vice President of the United States

Maruti Suzuki commences export of India-made Jimny ahead of domestic launch

Jimny for the domestic market is expected to be afive=door version powered by the 1.5-litre K15B mild-hybrid petrol motor developing 104.7 PS and 138 Nm, as the same engine can be found in a variety of Maruti Suzuki models

Covaxin not for people with medical conditions: Bharat Biotech

The company on Tuesday said those receiving its Covaxin shots should disclose their medical condition, medicines they are taking and any history of allergies and also that pregnant and breastfeeding women should also avoid taking Covaxin

Govt, Amazon Web Service team up to set up quantum computing lab

The world’s first quantum computing applications lab on Amazon Web Service to support a national government’s mission, the initiative will help advance developments in science and technology and bolster economy

Govt asks WhatsApp not to impose terms on Indian users

WhatsApp’s proposed new privacy policy allows it to collect and share highly invasive and granular metadata, such as time, frequency and duration of interactions, group names, payments and transaction data, online status, location indicators, as well as any messages shared by users with business accounts with other Facebook companies

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Shaping the post-pandemic economy, a global perspective

Apart from aggravating the problem of inequalities among nations the pandemic is creating joblessness within countries and since global policies cannot be tailored to suit the requirements of all individual countries, there cannot be any guarantee that the IMF, or any international institution for that matter, would be able to help bring about a job-lead economic recovery

Alibi for the Reserve Bank!

Corporates may bring stability to banks they operate, but at the cost of the economy, which could be rendered unstable by the urge to serve themselves

CCI approves Future-Reliance deal

The CCI approval for the Future Group-Reliance Group deal comes as a huge setback for US e-commerce giant Amazon, which is seeking to enforce an arbitration award from a Singapore court restraining the parties from implementing the deal

Cease-fire on the Vaccine Front!

The might of vaccines can be gauged from the fact that newly-listed Chinese pharma company, Beijing Wantai Biological Pharmacy Enterprise, made a $20 billion windfall on an untested vaccine, taking the net worth of Zhong Shanshan, who holds a controlling stake in the company, to $58.7 billion 

Woman at the Helm of Financial Powerhouse Citi

Jane Fraser has been elected to the board of directors of Citigroup, and will take over from Corbat when he retires from Citi and steps down from its board of directors in February 2021

Realty needs government handholding

The real estate sector is perhaps the largest industry in the country in terms of scale and revenue generation and the top employer providing employment to millions directly and to several millions indirectly

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