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Web Summit Chief Executive and founder Paddy Cosgrave resigned on Saturday after comments he made on the Israel-Hamas conflict prompted some technology companies and investors to withdraw plans to attend its conference in Portugal next month. «Unfortunately, my personal comments have become a distraction from the event, and our team, our sponsors, our startups and the people who attend,» Cosgrave said in a statement.

Instagram pages. The very idea of it, for a 1980s child, is confounding. I suppose a social media page can be powerful the same way a good Fifa PlayStation player can call themselves 'an important footballer'.

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Prime Minister Narendra Modi asserted on Saturday that the country is heading towards becoming a developed nation in the next 25 years and appealed to the youth to be active participants in this journey. The world is your oyster, he said, and encouraged the young to undertake nine tasks for welfare of the poor and protection of the environment. Addressing students and alumni of the Scindia School in Gwalior on the 125th foundation day of the institution, the prime minister said when he took over in 2014 he could have drawn plans for the short term of a decade but chose to work for the growth of the country in the coming decades.

Kotak Mahindra Bank on Saturday said the Reserve Bank of India (RBI) has approved the appointment of Ashok Vaswani as the bank's Managing Director and Chief Executive Officer (MD & CEO) for a period of three years. Vaswani, who has worked with Barclays in the recent past, will succeed Uday Kotak who quit as MD of the bank effective September 1. At present, Vaswani is President of Pagaya Technologies Ltd — a US-Israeli AI Fintech.

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2024 Mercedes-Benz E-Class LWB boasts dimensions of 5,092 mm in length, 1,880 mm in width, and 1,493 mm in height, with a wheelbase spanning 3,094 mm. In comparison to its predecessor, it is 18 mm longer and 20 mm wider, with the 15 mm longer wheelbase primarily accounting for the 18 mm length increment. From an exterior perspective, the latest Mercedes-Benz E-Class LWB bears a striking resemblance to the standard wheelbase variant.

Kotak Mahindra Bank, Ashok Vaswani was CEO at Citigroup Asia Pacific and a Member of the Citigroup Global Operating and Management Committees. He also built and ran various country and regional businesses across geographies. The international banker “brings with him significant exceptional experience with a high degree of compliance and industrial strength across Corporate and Consumer businesses," the company release said.

Ashok Vaswani as the next chief executive offier (CEO) of Kotak Mahindra Bank, the private's lender founder and director Uday Kotak said on October 21. “I am delighted that the RBI has approved our recommendation, Ashok Vaswani, as the next CEO of Kotak Mahindra Bank. Ashok is a world class leader and banker with digital and customer focus .

International Criminal Court (ICC) headquartered at The Hague in the Netherlands has heightened its online security after detecting a serious cyber security incident five weeks ago, which it revealed was an act of espionage. In a statement on Friday the ICC said that as soon as the incident was confirmed by its alert mechanism, steps were taken to mitigate its effects by initiating an immediate incident response with the support of the Netherlands as the «host state» and external cyber security experts.

Meta and Google have pulled out of the Web Summit, one of the tech sector's biggest annual events, after the organiser criticized Israel's actions following the Hamas attacks, the companies said on Friday. A spokesman for Meta confirmed to AFP that it would not take part in this year's event.

As Bitcoin continues its impressive trajectory, bulls are ardently pushing the cryptocurrency ever closer to the significant $30,000 resistance mark. 

As XRP's price retracts to a notable $0.5158, the crypto community is abuzz with speculation. 

«It is just that we have a strong domestic investor sentiment and about $2 billion per month is the incremental SIP which I think to an extent is ensuring that markets are not really crashing,» says Sudip Bandyopadhyay, Inditrade Capital. Just wanted to understand from you that from the earnings, which sector that you are looking out for because for the upcoming week, we will be having major banks as well as pharma majors will be reporting their numbers like Dr Reddy’s as well as Cipla and I wanted your take specifically on pharma because that particular index did show some resilience in the week gone by and last quarter itself we actually sort of see a bit of a re-rating for these names because the US markets were supportive. There were positive cues coming in as well as the domestic market did flare well. So, this time as well, are you expecting a similar kind of a result announcement from these pharma majors and will you be a buyer of pharma at this point in time? Well, I think we have to understand that we are in the midst of a global turmoil. As Rajesh also mentioned, that geopolitical stress and tension is creating risk aversion worldwide. On top of it to an extent because of geopolitical stress, the oil prices have moved up, which is definitely not good for Indian capital markets and we have US yields which are at record highs.

momentum indicator RSI displaying positive divergence, Kotak Mahindra Bank stock may be poised for a bullish move. «The stock has a visible support level at 1700, which is acting as a cushion for the bulls. This support level is crucial for maintaining the bullish sentiment. Given the strong buying, positive RSI divergence, and the support at Rs 1740, the stock has the potential to reach upside targets of Rs 1820 and Rs 1860,» said Rupak De, senior technical analyst at LKP Securities. Edited excerpts: The earnings season seems to be having a negative impact on both banks and IT stocks. In this situation, do you think Nifty may break below the support around 19,500-level?

IIT Indore to undertake joint research and development projects in various areas like renewable energy management and control software. The memorandum of understanding was signed by the digital energy solutions arm of L&T Construction's power transmission and distribution business.

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net profit at '595 crore in the second quarter of FY24, up 46% year-on-year, riding on strong disbursals of retail loans. The company recorded its highest ever quarterly retail disbursements of '13,499 crore, up 32%, on strong growth across retail segments enabled by digital and data analytics. Retail portfolio mix now stands at 88% of the total loan book against the company's target of 80% by 2026. Consequently, the company's wholesale book reduced by 76%, or Rs 28,740 crore.

Hong Kong's Securities and Futures Commission (SFC) has announced plans to update its framework on cryptocurrency sales and requirements amid the evolving market development of the digital asset industry. 

The current price of Bitcoin today is a remarkable $29,599, reflecting a 3% increase in the past 24 hours.