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As per Indian accounting requirements, X’s India arm recorded a Rs forty four crore loss in FY22. The extra loss was associated to share-based compensation prices that the company had to bear. In July 2022, the Ministry of Electronics and Information Technology revealed that X had 23.6 million users in India, making it the platform’s third-largest market. Indian users also constitute 7% of the social media site’s global user base. The transfer ends in the walkout of 5,000 staff on the web site, which makes a few of the firm’s most worthwhile autos, including the Chevy Tahoe, the Chevy Suburban and GMC Yukon.
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The Automobile Association has predicted a drop in fuel costs for the month of November primarily based on unaudited data from the Central Energy Fund . A portal of daily newspapers overlaying Philippine news headlines, business, way of life, commercial, sports and entertainment. China’s main lenders slumped amid considerations about earnings, with Bank of China and HSBC both missing market consensus of their report cards. Foreign Institutional Investors offered equities price ₹4,236.60 crore on Wednesday, based on change information. High rates of interest took a bite out of shopper lending and took a toll on banks’ profits in September. RBC Capital Markets is asking for Canada’s largest oil and gasoline producers to e-book “a lot stronger” monetary performance of their third-quarter outcomes.
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