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Nvidia to supply chips to Reliance, other Indian companies in AI push

UPDATE 2-Nvidia to supply chips to Reliance, other Indian companies in AI push Huang, Ambani discuss India's AI ambitions Reliance will use Nvidia's chips in Gujarat data centre Nvidia expands ties with Infosys, Wipro, TCS Adds details of Huang's chat with Ambani; paragraphs 1-5,17-20 By Arsheeya Bajwa and Deborah Mary Sophia MUMBAI, Oct 24 (Reuters) - Nvidia NVDA.O will supply artificial intelligence processors to Indian companies such as Mukesh Ambani's Reliance Industries RELI.NS , the chip g
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Indian shares rebound after 3-day slump but weekly losses continue

INDIA STOCKS-Indian shares rebound after 3-day slump but weekly losses continue Updates with closing levels By Hritam Mukherjee Oct 18 (Reuters) - Indian shares snapped a three-day losing streak on Friday as gains in Axis Bank AXBK.NS lifted heavyweight financials, although foreign fund outflows dragged down the benchmarks to a third weekly loss. The Nifty 50 index .NSEI closed 0.42% higher to 24,854.05 points as of 3:30 p.m.
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Indian blue-chips bounce back from weak start

BUZZ-Indian blue-chips bounce back from weak start ** Indian blue-chips recover from early losses at midday ** NSE Nifty 50 .NSEI and S&P BSE Sensex .BSESN up 0.4% and 0.3%, respectively ** Eight out of 13 indexes trade higher; benchmarks eyeing third straight week of losses ** Private banks .NIFPVTBNK and metals .NIFTYMET top two sectoral pct gain
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Indian shares caught between Infosys-led IT slide and Axis Bank's boost

INDIA STOCKS-Indian shares caught between Infosys-led IT slide and Axis Bank's boost Updates at 11:23 a.m. IST By Hritam Mukherjee Oct 18 (Reuters) - Indian shares inched lower on Friday as a drop in IT stocks after bellwether Infosys's disappointing forecast was nearly offset by an Axis Bank-led rise in financials following the lender's strong results.
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India's Infosys drops after 'dampening' FY revenue outlook

BUZZ-India's Infosys drops after 'dampening' FY revenue outlook Updates with analyst comments, shares ** Shares of Infosys Ltd INFY.NS fall 3.8% to 1,894 rupees in pre-open trade ** India's No. 2 IT services exporter raised FY revenue growth guidance to 3.74%-4.5% from 3%-4%, but analysts say it was lower than expected ** INFY says yet to see a broad-based IT spending recovery; so far, it's limited only to U.S.
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