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An iPhone 7 is displayed during an Apple media event in San Francisco
IPhone Optimism Blasts Apple Stock To 2016 High

Apple’s stock hit a high, with its market value peaking above $600 billion for the first time since April. Fuelled by U.S. wireless carriers' reports of strong early orders for the iPhone 7 as well as arch-rival Samsung Electronics' widely-publicized recall of potentially exploding Galaxy Note 7 s ..

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MasterCard Sued for $18.7 Billion in UK’s Biggest Claim

Credit card major MasterCard is facing a lawsuit filed on Thursday seeking £14 billion (around $18.7 billion or Rs 1.23 lakh crore) in damages — the largest legal claim in British history — over allegations it overcharged 46 million consumers in the UK. According to Quinn Emanuel, the fees – ..

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Dell Finalises Huge EMC Deal to Become a Tech Titan

The completion creates a new firm called Dell Technologies and finalizes a record $67 billion (roughly Rs. 4,45,231 crores) deal for EMC, which will help the struggling PC maker accelerate its efforts in cloud and mobile computing. US computer maker Dell said Wednesday it completed the acquisition o ..

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Microsoft to Boost Windows 10 with Ultra-Cheap Laptops

Satya Nadella-led Microsoft Corporation is looking to drive up volume of Windows 10 by offering PCs and laptops at ultra-cheap prices in India. “We are now offering laptops at Rs 9,999 which is comparable to a budget segment smartphone,” Alvaro Celis, vice-president, global field sales OEM at Mi ..

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M&M auto sales rise 14% in August

Mahindra & Mahindra Ltd on Thursday said it sold 40,591 units in August -- up 14 per cent from 35,634 vehicles sold in the same month in 2016. The automobile manufacturer's sales picked up by sales of light commercial vehicles (weighing over 3.5 tonnes) with a 34 per cent rise, while the medium ..

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Reliance Jio 4G Creates Storm in Telecom Sector

Ending an era of paying for voice calls and spending money on high charges for data services, the launch of Reliance Jio has been a matter of key concern for Reliance’s competitors in the telecom sector.

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EU Orders Apple to Pay Record 13 bn Euros Over Irish Tax Deal

The European Commission has concluded that Ireland granted undue tax benefits of up to 13 billion euros to Apple. This is illegal under EU state aid rules because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid,” a Commission statement ..

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Qatar National Bank to Open Branch in India

Qatar National Bank (QNB) has been given approval to open a branch in India offering banking services, the Gulf region's largest lender. The bank, which in June concluded the 2.7 billion euro purchase of Turkey's Finansbank, has a presence in more than 30 countries across the Middle East, Europe, Af ..

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