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Foxconn predicts more stable supply chain in the second half of 2022

"We are quite confident in the stability of our supply chain for the second half of this year," Foxconn Chairman Liu Young-way told the company's annual shareholder meeting.

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CCI studies 'ecommerce nexus’; IT workers trickle back to office

Competition Commission of India is studying documents found during the raids that suggest financial dealings between the ecommerce majors and their preferred sellers.

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Crypto paper soon, no need to revise growth forecast: Economic affairs secretary Ajay Seth

On the sidelines of a finance ministry event, the secretary also said there is no case for revising growth estimates downwards. He said inflation should moderate soon and that the government is well-prepared for any shock.

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Flipkart promotes two executives to SVP as part of multiple promotions

Bharath Ram and Guddeti Bharath Reddy have been elevated as SVPs, while Sharon Pais, who was moved to Myntra as its chief business officer, has been made a VP.

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Sugar Cosmetics raises $50 million led by L Catterton

The beauty brand's current annualised revenue run rate is around Rs 500 crore and that is expected to reach Rs 2,000 crore over the next 24-36 months, the company said earlier.

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CCI wing probing dealings between ecommerce companies and preferred sellers

It has now sought more time from the commission to review these documents, found during the raids last month, following allegations of violation of competition law by ecommerce majors Amazon and Flipkart.

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Cert-In warns users about mobile-based malware and methods employed to infect devices

The advisory warned that malware such as Adware, cryptocurrency mining malware, remote access tools, mobile banking and short messaging service trojans, mobile spyware and ransomware were active and users must ensure they are safe from them.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...