What are the most used hashtags at Instagram? | FlipItFact
Tue, Dec 29, 2020 1:04 AM

What are the most used hashtags at Instagram? | FlipItFact

Instagram debuted on October 6, 2010. Instagram is the second most engaged social network, just behind Facebook which takes the lead. More than 60% of its users log in on a daily basis. The most used hashtags are #love, #instagood, #me, #cute and #follow. What's your favourite hashtag? Let us know in the comments section.

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Blackstone notifies CCI of its proposed acquisition of Piramal Glass
Tue, Dec 29, 2020 12:07 AM

Blackstone notifies CCI of its proposed acquisition of Piramal Glass

Private equity (PE) group, Blackstone, has notified the Competition Commission of India (CCI) of its proposed acquisition of Piramal Glass Pvt Ltd (PGPL) and its subsidiaries, on Monday. ET had previously reported that the global PE firm had submitted a binding offer in October, valuing the Ajay Piramal-owned glass manufacturing and sales business at about Rs 6,200 crore.

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Agri-tech startup Aqgromalin raises Rs 2 crore from angel investors
Mon, Dec 28, 2020 10:46 PM

Agri-tech startup Aqgromalin raises Rs 2 crore from angel investors

Agri-tech startup Aqgromalin has raised Rs 2 crore from angel investors participating from the Middle East. The company aims to utilise the capital in setting up 500 micro-farms in the states of Tamil Nadu, Telangana, and Andhra Pradesh. Aqgromalin supplements the income of small landholding farmers through ready to implement micro-farms mainly in the areas of Animal Husbandry and Aquaculture.

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LIC sells 2 percent stake in this bank
Mon, Dec 28, 2020 10:12 PM

LIC sells 2 percent stake in this bank

Country's largest insurer Life Insurance Corporation (LIC) has sold 2 per cent stake in private sector lender ICICI Bank through open market transactions. The insurer sold 13.8 crore shares, representing 2.002 per cent stake of ICICI Bank, over a period of November 27 to December 24, 2020, the bank said in a regulatory filing.

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Big News: SII expects emergency use nod for Oxford vaccine shortly
Mon, Dec 28, 2020 9:30 PM

Big News: SII expects emergency use nod for Oxford vaccine shortly

Serum Institute of India (SII), which is working towards manufacturing the Oxford-AstraZeneca vaccine in India, says it expects the government to approve the shot for emergency use in a few days. SII's Chief Executive Officer Adar Poonawalla further added that the company had already produced 40 million to 50 million doses of the vaccine.

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Suryoday Small Finance Bank gets SEBI nod to float IPO
Mon, Dec 28, 2020 8:20 PM

Suryoday Small Finance Bank gets SEBI nod to float IPO

Markets regulator Securities and Exchanges Board of India (SEBI) has granted the go-ahead to small lender Suryoday Small Finance Bank to float its Initial Public Offering (IPO). This  IPO comprises fresh issuance of 1,15,95,000 equity shares and an offer for sale of up to 84,66,796 equity scrips by existing shareholders, according to the draft papers filed with the regulator, PTI reported.

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Markets at fresh record highs led by US stimulus, Brexit deal
Mon, Dec 28, 2020 8:19 PM

Markets at fresh record highs led by US stimulus, Brexit deal

Indian markets kicked off the last trading week of 2020 on a positive note mostly led by global triggers. The global markets cheered the news of the $2.3 trillion stimulus announced in the US and the historic post-Brexit trade deal struck between the UK and European Union while advances in rollout of covid-19 vaccines in India uplifted sentiments of domestic investors.

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Edtech platform Krayonnz raises Rs 1 Cr led by GSF Accelerator
Mon, Dec 28, 2020 8:06 PM

Edtech platform Krayonnz raises Rs 1 Cr led by GSF Accelerator

Krayonnz, a product of Vedarsy Technologies Pvt Ltd recent raised Rs 1 crore as part of a pre-seed round of funding. The Bengaluru-based startup said that GSF Accelerator, an early-stage venture firm, led the financing round, which also saw participation from angel investors including the founder of Razorpay, Shashank Kumar. Krayonnz was set up in 2019 by Saurabh Dixit and Gurudutt Upadhyay.

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Reliance Capital opposes Credit Suisse's stake sale in Prime Focus
Mon, Dec 28, 2020 7:13 PM

Reliance Capital opposes Credit Suisse's stake sale in Prime Focus

Anil Ambani-led Reliance Capital alleged that the proposed sale of 33.12% equity shares of Prime Focus by Credit Suisse (CS) at Rs 44.15 per share "is a blatant abuse of the purported rights by the CS under certain lending agreements" with Reliance Anil Dhirubhai Ambani Group. Last week, Credit Suisse signed a deal with the promoter group of Prime Focus to sell its stake in the company.

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Spacetech Startup Skyroot successfully tests Solid Propulsion Rocket Engine
Mon, Dec 28, 2020 6:47 PM

Spacetech Startup Skyroot successfully tests Solid Propulsion Rocket Engine

Skyroot Aerospace successfully test-fired a solid propulsion rocket engine named Kalam-5, the first of its five Kalam-series rocket engines. Founded by former ISRO scientists, Pawan Kumar Chandana and Naga Bharath Daka, Skyroot builds small satellite launch vehicles (SSLV) for small satellites and also boasts of being the first Indian company to successfully test-fire an indigenous rocket engine.

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Shashijit Infraprojects bags industrial building construction contract
Mon, Dec 28, 2020 6:36 PM

Shashijit Infraprojects bags industrial building construction contract

Shashijit Infraprojects Ltd announced the receipt of a new order for construction of an industrial building from Shree Sulphurics Private Ltd at Ankleshwar unit, Gujarat. The approximate value of the project is Rs700-1,000 lakhs, and it is likely to start by the first week of January 2021. The company further added that the mobilisation of machinery and manpower is already in process.

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COAI feels telecom industry financially stressed; needs Govt support
Mon, Dec 28, 2020 6:11 PM

COAI feels telecom industry financially stressed; needs Govt support

The telecom industry, which facilitated wide-spread digital adoption during the pandemic, continues to be financially stressed and seeks government support on issues like liquidity, rationalisation of levies, AGR and spectrum pricing, according to Cellular Operators' Association of India (COAI). The agency further added that 5G launch is expected to come to India in the final half of 2021.

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Centum Electronics bags DRDO’s Defence Technology Absorption Award
Mon, Dec 28, 2020 5:59 PM

Centum Electronics bags DRDO’s Defence Technology Absorption Award

Centum Electronics Limited was awarded the prestigious Defence Technology Absorption Award 2018 by the Defence Research and Development Organization (DRDO), India’s premier research and development organization for military and defence technology. The award was handed over to Chairman and Managing Director, Apparao V Mallavarapu by Defence Minister Rajnath Singh.

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Delivery Hero seeks $4 billion Woowa deal approval
Mon, Dec 28, 2020 5:52 PM

Delivery Hero seeks $4 billion Woowa deal approval

Germany's Delivery Hero will sell South Korean food delivery app Yogiyo as part of the conditions for regulatory approval of its $4 billion takeover of top South Korean food delivery app owner Woowa Brothers. The sale clears a major hurdle for Delivery Hero in attaining a dominant position in the world's third-largest online food delivery market.

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Sebi plans to rope in an agency to trace accused entities, serve summons
Mon, Dec 28, 2020 5:41 PM

Sebi plans to rope in an agency to trace accused entities, serve summons

Markets regulator Sebi is looking to rope in an independent agency that will trace accused entities against whom notices have been issued by the authorities, and serve summons to them. The work is expected to be carried out by engaging systems through competent manpower such as ex-servicemen, ex-police personnel, investigators, detectives and alike.

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