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Business

Record money received through online sandalwood auction in Kerala; one tree alone fetches Rs 1.25 cr

Kerala's famous Marayoor sandalwood trees are known for their unparalleled fragrance, and the state Forest Department has received record sales revenue through its auction this month. Officials said the department got Rs 37.22 crore in the auction, where big companies and institutions like Karnataka Soaps, Oushadhi, Jaipur CMT and India Limited, KFDC, and Devaswom Boards participated.

 


Tesla looking at sourcing components worth about USD 1.9 bn from India: Goyal

US-based electric vehicle maker Tesla is looking to source components worth around USD 1.9 billion from India this year against USD 1 billion last year, Commerce and Industry Minister Piyush Goyal said on Wednesday.


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Trump warns ‘whole civilisation will die tonight''


Bypoll results will decide the future of Congress in Karnataka: BJP leader Ashoka


Hassan: Driver of tipper suffers electric shock, dies on spot as truck touches wire


Time will reveal if leadership change in Karnataka is imminent: Shivakumar


Karnataka makes teenage pregnancies audit mandatory


Assam CM flays Cong for 'not verifying' documents before making charges against his family


2 killed, 5 injured in firing after mob storms CRPF camp in Manipur's Bishnupur: State home minister


CM, Cong high command to decide on cabinet rejig, says Minister Parameshwara




Rupee falls 1 paisa to 83.03 against US dollar

The rupee settled 1 paisa lower at 83.03 (provisional) against the US dollar on Monday, as positive cues from domestic equity markets failed to allay investors' concerns over elevated crude prices.

Gold falls Rs 50; silver climbs Rs 500

Gold price fell by Rs 50 to Rs 60,000 per 10 grams in the national capital on Monday, according to HDFC Securities.In the previous trade, the precious metal had closed at Rs 60,050 per 10 grams.However, silver climbed Rs 500 to Rs 74,400 per kilogram.

Adani Group stocks fall; Adani Green Energy declines over 4 pc

Shares of Adani group stocks fell on Thursday after a report from investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based 'opaque' investment funds managed by partners of promoter family of billionaire Gautam Adani.

 

Hindenburg 2.0: OCCRP alleges Mauritius-based opaque funds invested in Adani stock; company denies

The Organised Crime and Corruption Reporting Project (OCCRP) on Thursday trained gun at billionaire Gautam Adani's group, alleging hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based 'opaque' investment funds managed by partners of promoter family, charges the conglomerate denied vehemently.

 

Jio 5G on track to cover entire country by December: Mukesh Ambani

Reliance Jio's 5G services marks the fastest-ever rollout of this scale anywhere in the world, and the company is "on track" to cover the entire country with the ultra high-speed network by December this year, RIL Chairman Mukesh Ambani said on Monday.

 

Ambani sets succession plan in motion; appoints all three children to Reliance board

Asia's richest man Mukesh Ambani began executing a succession plan for his energy-to-technology conglomerate Reliance Industries, appointing his three children Isha, Akash, and Anant to the board of the company on Monday.

 

Finance Commission expected to be constituted by November end: Finance secretary

The government is expected to constitute the 16th Finance Commission by end of November, finance secretary T V Somanathan said.

 

Google Ads introduces auto-generated advertisement tool using generative AI

Advertisers and businesses will now be able to auto-generate advertisements on Google Ads platform, said Dan Taylor, vice president of global ads at Google. Using Large Language Models (LLMs) and generative artificial intelligence (Gen AI), Google Ads will be able to create campaign workflows based on business prompts given by marketers.

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