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Samsung’s Q1 profit beats forecast, Galaxy S7 sales shine

Samsung Electronics recorded a better-than-expected profit in January-March, as an early debut of its flagship Galaxy smartphones boosted sales of high-end phones despite flat growth in the overall smartphone market. The South Korean company has...

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Voda invites banks to pitch for $2-2.5bn India IPO

    Vodafone Group has set the ball rolling for the long-awaited initial public offer of shares in its Indian subsidiary by inviting banks, including Citigroup, Goldman Sachs and Morgan Stanley, to make pitches...

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It’s going to be man with machines: Satya Nadella

Envisaging a technological future where computers can learn human language and have conversations with people, Microsoft’s India-born CEO Satya Nadella has said companies need to build “respectful” technology which gets the best of humanity...

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Micromax opens manufacturing facility in Hyderabad

Mobile phone manufacturer Micromax on Thursday opened its new manufacturing facility which will have the capacity to manufacture one million mobile phones per month. The unit, which opened at Fab City, currently employs 700 people...