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Vishal Sikka’s vision: Artificial Intelligence and  robotics. Will exit affect Infy’s tech edge?

It was only over the last 10 days that there were serious murmurs about Vishal Sikka — Infosys’s rockstar CEO, as described by a company founder — hanging up his boots. But none who know N R Narayana Murthy expected an outcome any different than this. “Mr Murthy quoting independent …

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Reliance and BP in hot water as Government imposes fine of Rs 1,700 crore

The government has imposed a new penalty of USD 264 million (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for producing less than the targeted natural gas from eastern offshore KG-D6 fields in 2015-16. The total penalty now, which is in the form of disallowing recovery of …

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Kuwait’s splendid causeway is nearly complete, 22-Mile Bridge, Cost $3 Billion

Kuwait is building one of the world’s longest causeways to its remote north where it will pump billions into “Silk City”, aiming to revive the ancient Silk Road trade route. The oil-rich emirate is eager to inject life into the uninhabited Subbiya region on its northern tip that has been …

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Tips on how to avoid the unnecessary bank charges !

It is already known by now that many banks will be charging from the account holders for depositing and withdrawing cash after a certain number of transactions. However, these charges can be avoided by following these simple steps:   Close the accounts which have been left unused for a long …

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Business Hit and Miss: Uber has a secret tool meant to trick and evade authorities

If at first you don’t succeed, go to elaborate lengths to trick and evade regulatory authorities trying to bring you down. That appears to be the maxim at Uber, if a new report is accurate. Investigating users’ social media profiles, bank accounts, phone models, and creating a fake version of …

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A giant step by Tamil Nadu to boycott Coke, Pepsi and introduce local brands

  The state of Tamil Nadu has taken a big step by starting a ban on sale of Cola drinks like Pepsi and Coke from Wednesday morning. This boycott will kickstart from small shops and retail stores in the whole state and will be followed by restaurants and supermarkets pretty …

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Govt data shows that India’s GDP growth stays 7 per cent post demonetization

The economy clocked a faster-than-expected growth of 7 per cent in fiscal third quarter, notwithstanding the demonetization of high-value banknotes in November and the resultant impact on output and well as consumption. Data released by the Central Statistics Office (CSO) on Tuesday showed that the rate of economic growth in …

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