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The request for energy-saving measures, which two other industry sources said was sent to multiple manufacturers, is precautionary and aimed at averting a repeat of last summer when power shortage led to over a billion dollars in lost output.
Technology-focused ThinKuvate India Fund will take a sector-agnostic approach and invest up to Rs 3 crore as initial amount.
The iPhone maker has filed a suit at the EUs General Court in Luxembourg to topple the March decision, according to people familiar with the matter who spoke on condition of anonymity.
The government earlier expected India to reach the $1 trillion-mark by 2026-27 but the target has been moved by a year due to various reasons, including the Covid-19 pandemic, IT minister Rajeev Chandrasekhar said.
Incoming asset-and wealth-management staff to get instruction; AI has saved the division time, helped grow revenue, says Erdoes