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Meta overhauls rules on deepfakes, other altered media ahead of US polls

Meta previously announced a scheme to detect images made using other companies' generative AI tools using invisible markers built into the files, but did not give a start date at the time

Telecom operator Bharti Hexacom IPO receives bids worth over $8 billion

Investors bid for 1.23 billion shares at a price range of 542 to 570 rupees per share, which was 29.88 times more than the 41.2 million shares offered, data from the NSE showed

India allows exports of essential goods to Maldives despite strained ties

India, a leading exporter of rice, sugar and onions, has imposed various curbs on exports of these food commodities to keep a lid on local prices ahead of general election

Marico expects revenue growth in Q4 after three quarters of fall, shares up

Consumer goods makers have grappled with subdued sales in rural areas in recent quarters as people cut back spending on both essentials and discretionary items amid price pressures

Operating conditions remain subdued, Africa sales sting: Godrej Consumer

Its Indonesia operations, which contributed nearly 13% of Godrej's revenue in the December quarter, delivered double-digit percentage sales growth, the company said

Byju's 'breached' terms of loan worth $42 mn; stake sale in arm blocked

Byju's was India's biggest startup until 2022 when it was valued at $22 billion, but has seen its fortunes dwindle amid an auditor exit

Nonfarm payrolls in US increased by 303,000 last month, shows data

Data for February was revised slightly lower to show 270,000 jobs added instead of 275,000 as previously reported

Consumer confidence in India at more than four-year high, RBI survey shows

The 'future expectations index', which judges consumer sentiment for the upcoming 12 months, also improved to its highest since mid-2019, the survey showed

EV sales to rise 66% this year after nearly doubling in 2023: Report

The rapid growth in sales comes at a time when EV growth in other key markets such as the United States and China are slowing

Banks' outstanding loans rose 20.2% on year in two weeks to March 22: RBI

Outstanding loans rose 1.21 trillion rupees ($14.54 billion) to 164.35 trillion rupees in the two weeks to March 22

Adani Wilmar sees double-digit growth in edible oil sales on festive demand

The consumer goods maker said it bagged strong growth in both its edible oils and foods businesses, aided by strong demand during the festival of Holi and ongoing wedding season

Johnson & Johnson to buy equipment maker Shockwave Medical for $12.5 bn

Under the deal, J&J would pay $335 per share in cash for the medical device maker. The offer price implies a 4.7% premium to Shockwave's last close of $319.99 on Thursday

Big Tech cos in race to buy training data for artificial intelligence

Tech giants like Google, Meta and Microsoft-backed OpenAI initially used reams of data scraped from the internet for free to train generative AI models like ChatGPT that can mimic human creativity

Why maintaining ASML equipment is new front in US-China chip war?

ASML dominates the market for lithography tools - huge expensive, complex machines that perform one step in the chipmaking process, helping to create circuitry

Criminal case in US against China's Huawei heads toward 2026 trial

Since 2019, the US has restricted Huawei's access to US technology, accusing the company of activities contrary to US national security, which Huawei denies

Govt to broaden e-rupee distribution beyond banks to boost retail use: RBI

It has now proposed that non-bank payment system operators, which include third-party payment app providers like PhonePe, Google Pay and Paytm, offer the e-rupee through CBDC wallets

Trafigura CFO Salmon to retire in June, Stephan Jansma to take charge

Executive director Jose Maria Larocca also notified the board of his intention to retire at the end of September, Trafigura said

RBI reiterates FX exposure must for rupee exchange derivative transactions

The RBI on Thursday delayed the implementation of its consolidated directions for exchange-traded currency derivatives by a month

China too big to export its way to rapid growth, says Janet Yellen

The International Monetary Fund currently forecasts China's 2024 real GDP growth at 4.6%, falling to 4.1% in 2025

FPI inflows in Indian shares hit 3-month high in March: NSDL data

The Nifty 50 and BSE Sensex rose about 1.6% each last month, as data showing sustained strength in Asia's third-largest economy drove domestic and foreign buying