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Oracle shares soared 41% on Nasdaq after unveiling an AI Center of Excellence for healthcare. The rally pushed year-to-date gains above 100% and lifted co-founder Larry Ellison past Elon Musk as the worlds richest man. The surge was amid high volumes as nearly 43 million shares changed hands around 10:06 AM ET (7:40 India time).
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Markets regulator Sebi on Wednesday cancelled the registration of 18 investment advisers for failing to pay renewal fees, a statutory requirement under its regulations.
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The social media ads were withdrawn after complaints over the way they presented their alcoholic drinks were upheld.
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