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Chequered Flag Jan. 8: Headlines At A Glance

Today's top stories include correction in November gold imports data, Swiggy's new quick-delivery app, SEBI's warning to Ola Electric, and more.

Global Investors Buy $1.7 Billion Worth Indian Tech Stocks In Last Two Months

Global investors have mopped up $1.7 billion worth of Indian technology stocks in the last two months of 2024 as the tech giants gear up to post their third-quarter earnings.

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Government Sharply Corrects 'Unusual' November Gold Import Data

The import value of gold in the month of November has been revised downward from $14.8 billion to $9.8 billion, according to data from the Commerce Ministry's Directorate General of Commercial Intelligence and Statistics.

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Benchmark Indices End Flat

The NSE Nifty 50 ended 18.95 points or 0.08% lower at 23,688.95, while BSE Sensex lost 50.62 points or 0.06% to close at 78,148.49.

Photo Credit: Vijay Sartape/NDTV Profit

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Microsoft Is Super Bullish On India, Says President Puneet Chandok

Microsoft Corp., which has announced plans to invest $3 billion in India over the next two years, is "super bullish" on the country, according to Puneet Chandok, the president of the global tech major's India unit.

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Ola Electric Gets SEBI Warning Over Timely Disclosures

India’s market regulator has pulled over Ola Electric Mobility Ltd. for announcing its expansion plans on social media first and not on the exchanges.

Photo Credit: Ola website

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Swiggy Launches Snacc; Zomato Re-Enters 15-Minute Food Delivery Space

Swiggy Ltd. has launched a standalone app called Snacc, aimed at the 15-minute food delivery segment. Simultaneously, Zomato Ltd. has also re-entered the quick-delivery space with a 15-minute food delivery service, two years after discontinuing its earlier 10-minute feature, Instant.

Photo Credit: Swiggy Food/ X profile

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Indian Employers Lead In AI Adoption, Technology Transformation: WEF Report

Indian employers are outpacing global peers in adoption of key technologies, including artificial intelligence, according to the World Economic Forum's Future of Jobs Report 2025.

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RBI Removes Business Restrictions On Asirvad Microfinance, DMI Finance

The Reserve Bank of India has lifted lending restrictions on Asirvad Micro Finance Ltd. and DMI Finance Pvt. with immediate effect.

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Musk Vs Bezos Battle Enters Space

Jeff Bezos' Blue Origin is set to launch its first-ever orbital rocket, thereby entering the competitive rocket launch industry dominated by Elon Musk’s SpaceX. Blue Origin, in a blog, said it will launch New Glenn’s inaugural mission, or NG-1, on Jan. 10.

Photo Credit: Jeff Bezos/ X profile

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