#Amazon earlier revised its target of cumulative exports from #India from $10 billion to $20 billion by 2025 citing demand for Indian products such as toys, home textile, textiles, handicrafts, packaged foods in overseas markets.



Read here: https://www.livemint.com/companies/news/amazon-global-selling-to-surpass-8-bn-in-cumulative-exports-from-india-in-2023-11688575389778.html

The #Invicto will be manufactured at Toyota Kirloskar Motor's facility in Bidadi, #Karnataka, where it also produces all variants of the #InnovaMPV.



Read here: https://www.livemint.com/auto-news/maruti-rolls-out-its-costliest-product-invicto-at-2479l-11688577439382.html

An MoU has been signed to establish a campus of #IITMadras in #Zanzibar, with plans to launch programmes in October 2023.

Read here: https://www.livemint.com/news/world/first-iit-campus-beyond-indian-borders-finds-its-home-in-tanzania-says-mea-11688619761321.html

#TataConsultancyServices and #TataSteel have both terminated employees for misconduct, including recruitment bribery and sexual misconduct.

Read here: https://www.livemint.com/companies/news/after-tcs-tata-steel-fires-38-employees-for-breaching-its-code-of-conduct-report-11688626953251.html

#India has increased its credit flow to #Africa, making it the second-largest beneficiary of Indian credit.

https://www.livemint.com/news/world/indias-economic-diplomacy-bolsters-lending-in-africa-countering-chinas-influence-11688611385651.html

The Delhi high court, in an interim order, directed DGCA & airport authorities to allow #GoFirst’s lessors’ representatives and officers to inspect the 30 parked aircraft within the next three days.

https://www.livemint.com/companies/hc-allows-go-first-lessors-to-inspect-aircraft-11688581795190.html

The #GST council is to clarify on definition of multi utility vehicles (MUVs) & crossover utility vehicles (XUVs) for levy of 22 per cent compensation cess over and above the 28% GST rate.

https://www.livemint.com/news/india/gst-council-may-define-muvs-and-xuvs-for-levy-of-22-cess-report-11688629104227.html

In a Bain & Company and Google survey, 43% of women said their families and spouses did not support their businesses due to which they need funding from others.

https://www.livemint.com/companies/start-ups/women-entrepreneurship-in-india-how-women-led-startups-bridge-the-gender-funding-gap-11688612404028.html

Leading cryptocurrency #Bitcoin on 6 July hits 13-month high trading rate of $31,500, according to news agency Reuters, which added the #cryptocurrency rose by as much as 3.28%

According to crypto trading exchange CoinMarketCap, the current market capitalization of bitcoin rose by 2.2% at $610,122,773,744. Earlier in 7 July 2022, the Bitcoin was traded at $20,547.81.

https://www.livemint.com/news/world/bitcoin-hits-13-month-high-trading-at-31500-11688635879440.html

The fundraising will likely ease concerns of billionaire #GautamAdani's port-to-power conglomerate ability to service its debt and help in instilling some confidence among investors.

https://www.livemint.com/market/stock-market-news/adani-green-energy-shares-edge-higher-as-board-approves-raising-rs-12-300-crore-via-qip-11688634034260.html

The world has begun to acknowledge India's capabilities and its potential in space technology, with the country home to 140 space startups, Union minister for Science & Technology Jitendra Singh said.

https://www.livemint.com/technology/tech-news/world-acknowledges-india-s-capabilities-potential-in-space-tech-jitendra-singh-11688637227980.html

#Opinion | #GST is designed to lower the overall cost-base by taxing only the value that’s added, relieving us of a cost pile-up as one item’s burden feeds into the next along a chain of usage.

Read here: https://www.livemint.com/opinion/online-views/relieve-gst-of-its-warps-to-regain-its-reform-cred-11688573949474.html

Tata Consultancy Services (#TCS) said that it will train 25,000 engineers on generative #artificialintelligence tools & services by #AI research firm OpenAI, the makers of popular chatbot, ChatGPT.

#GenerativeAI services will be hosted and provided on #Microsoft’s Azure cloud platform—thus making this offering available to its clients.

Read here: https://www.livemint.com/industry/infotech/tcs-to-train-25-000-employees-on-microsoft-openai-s-generative-ai-tools-11688653184491.html

If you’re wondering what it’s like to use the new #ThreadsApp, just close your eyes and picture Twitter but with a lot less #ElonMusk—and that’s exactly the point.

https://www.livemint.com/technology/threads-vs-twitter-what-s-the-difference-11688641927958.html

The Indian #automobile companies are expected to see further improvement in margins during the first quarter of FY24 driven by operating leverage benefits.

https://www.livemint.com/companies/company-results/auto-sector-q1-preview-margin-expansion-to-continue-driven-by-operating-leverage-softening-commodity-costs-11688640134333.html

According to government data, India ranks 57 out of 65 on the MasterCard Index of Women Entrepreneurs, which gauges how #women in business are progressing globally, and only one in five of the country's businesses are led by women.

https://www.livemint.com/companies/start-ups/women-entrepreneurship-in-india-how-women-led-startups-bridge-the-gender-funding-gap-11688612404028.html

The #TataGroup is currently evaluating an offer to repurchase a stake in its entertainment content distribution platform from Temasek Holdings Pte.

https://www.livemint.com/companies/news/tata-to-buy-back-temasek-stake-in-pay-tv-platform-report-11688639097479.html

Sweden authorities charged climate activist #GretaThunberg with disobeying police during a June climate protest in southern Sweden.

Thunberg was charged post she refused to obey police orders to leave the site of a protest in the southern city of Malmo on 19 June, said the prosecutor.

Read here: https://www.livemint.com/news/world/sweden-charge-climate-activist-greta-thunberg-with-disobeying-police-report-11688655856564.html

Insurance, retail, pharmaceutical, and healthcare companies are strictly enforcing extended notice periods, in contrast to the earlier trend to ensure adequate support to clients even during the transition period.



Read here: https://www.livemint.com/companies/news/long-notice-periods-are-back-11688663390013.html

#ElonMusk humorously responded to a tweet mocking #Threads logo, while #Zuckerberg aims to establish it as the preferred platform for people.



Read here: https://www.livemint.com/technology/tech-news/elon-musk-hits-out-at-zuckerberg-as-threads-seems-threat-to-twitter-after-30-million-signups-11688695778053.html

The #GujaratHighCourt has acknowledged the existence of 10 additional criminal defamation complaints against #RahulGandhi.

https://www.livemint.com/news/india/rahul-gandhi-modi-surname-defamation-case-live-updates-gujarat-high-court-verdict-conviction-latest-updates-for-url-11688704967954.html