Gold remains higher on positive global cues, wedding demand

(Representational Image)  |  Photo Credit: PTI New Delhi: Riding on a firm trend overseas and increased buying by local jewellers, gold maintained its upward march for another week and crossed the Rs 33,000-mark but settled at Rs 32,875 per 10 gram at the bullion market. Silver, too, scored gains on...
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Telecom Italia Exploring Bid for BT’s Italian Business

Telecom Italia SpA made a non-binding, exploratory offer for BT Group Plc’s struggling Italian business, according to people familiar with the matter. The U.K. phone carrier’s local business also attracted interest from Wind Tre SpA and fiber carrier Retelit SpA, the people said, asking not to be identified because the process isn’t...
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5 Ways to Minimize Early-Stage Business Risk

Entrepreneurship and risk go hand in hand. After all, entrepreneurship is about creating solutions that fill a need — and no human ever has created something without testing, trial and error. The very act of starting a business demands you assume the risk of failure in various forms: insufficient cash, lower-than-anticipated...
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DISA India: Accumulate this high quality business amid a downturn

DISA India (DIL) is the Indian arm of Denmark-based promoter company DISA Holdings, which owns 74.8% stake and in turn operates under the umbrella of the Norican Group. The latter is home to four leading, globally operating technologies: DISA, Italpresse Gauss (incorporating Italpresse Industrie and Gauss Automazione), StrikoWestofen and...
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Future Group bets big on food delivery business, to invest Rs 1,000 crore

The country’s largest retailer, Future Group, will step into the competitive food delivery space by launching cloud kitchens. In a conversation with Business Standard, Future Group Chief Executive Officer Kishore Biyani said the plan was to be present during every meal, including breakfast, lunch, snacks and dinner. “Whichever way food is being...
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SpaceX to layoff 10% workforce

Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 percent of the company’s more than 6,000 employees, it said on January 11. The company said it will “part ways” with some of its manpower, citing “extraordinarily difficult challenges ahead.” “To continue delivering for our customers...
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