HCLTech acquires German automotive engineering services provider ASAP for €251 million

ASAP is focussed on future-oriented automotive technologies in areas such as autonomous driving, e-mobility, and connectivity.

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Reward points and freebies push credit card spends to record levels

Average monthly spending through credit cards has doubled in three years from Rs 60,000 crore a month in FY'19-20 to Rs 1.2 lakh crore a month in FY'22-23.

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Meta to contest EU antitrust charges at July 13 hearing

The European Commission sent a charge sheet to the world's most popular social network last December, singling out two practices that showed that Meta abused its market power.

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Nvidia deepens bets on AI in drug discovery with Recursion investment

Recursion, whose advisers include AI pioneer Yoshua Bengio, will use its biological and chemical datasets exceeding 23,000 terabytes to train AI models on Nvidia's cloud platform.

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Wipro announces new AI strategy, to invest $1 billion in three years

The investments will focus on the expansion of AI, big data, and analytics solutions, as well as developing new research and development and platforms, it said in an exchange filing.

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Online gaming, casinos set to attract 28% GST: All you need to know

The body chaired by union finance minister Nirmala Sitharaman decided that all large cars, irrespective of how they are popularly classified (as SUV or otherwise), will attract 22% cess, an additional levy imposed over and above GST.

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Microsoft's $69 billion Activision deal gets US judge go-ahead, UK softens opposition

Microsoft cleared major hurdles to its plan to buy videogame maker Activision Blizzard on Tuesday, after a U.S. judge gave a thumbs-up to the $69 billion deal and a British regulator suggested it could reconsider its opposition.

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