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Google ends cloud switching fees, pressuring Amazon and Microsoft

Mint Mumbai

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January 12, 2024

The cost of switching between cloud computing providers has long drawn complaints, with the services derided as "roach motels" that let businesses check in but not out.

Google ends cloud switching fees, pressuring Amazon and Microsoft

Now Alphabet Inc.'s Google is taking steps to change that.

Effective immediately, the company is eliminating fees levied on customers who want to leave its cloud for a rival service-a policy shift that may pressure competitors Amazon.com Inc. and Microsoft Corp. to do the same.

The move follows intensifying scrutiny of cloud services by regulators and lawmakers around the world. UK antitrust authorities launched a probe that is looking at such penalties, and the fees emerged as a key issue when the US Federal Trade Commission asked for public comments on a variety of cloud concerns.

Mint Mumbai'den DAHA FAZLA HİKAYE

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Nelco crosses first step to satcom reselling licence

Tata Group-owned Nelco Ltd has received the government's preliminary approval to resell satellite internet services to consumers by partnering with companies such as Elon Musk’s Starlink, OneWeb, Amazon's Kuiper and Jio Satellite, according to three people in the know.

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October 02, 2025

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WHAT A YEAR AT COLUMBIA TAUGHT ME

An Indian journalist at Columbia University navigated a tumultuous year, learning unusual life lessons

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8 mins

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Festive demand, tax cut power up auto sales in Sep

Powered by tax cuts and festive spirits, automobile sales took off in September, cheering manufacturers across the board.

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3 mins

October 02, 2025

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Central bank seen keeping its options open on Tata Sons IPO

A day after the Reserve Bank of India's deadline for the Tata Group to list its holding company, Tata Sons, passed, the central bank appears to be still weighing its decision, with governor Sanjay Malhotra's comment leaving the matter open to interpretation.

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US trade pact close, comprehensive deal to sidestep patents

As India and the US inch closer to the timeline to finalize a trade deal, both sides are moving towards signing a comprehensive Bilateral Trade Agreement (BTA) that will cover nearly every aspect of commerce, from tariff reduction and easing of non-tariff barriers to expanded access in services and energy cooperation.

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2 mins

October 02, 2025

Mint Mumbai

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RBI unveils plans to bolster credit flow to corporates, capital market

Regulator to remove cap on banks’ market lending to single group, proposes to allow acquisition funding

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2 mins

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Cough syrup kills 6 children in MP; govt begins probe

Early reports suggest the syrups may have been tainted with diethylene glycol, a toxic chemical

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Prez Trump's proposed changes to visa rules assailed by chip industry

The F-1 student visa serves as a critical pipeline to the tech workforce

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4 mins

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Mint Mumbai

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Top firms tick boxes, but lag on diversity, independence

India's top 100 listed companies have shown progress in corporate governance practices, but persistent gaps remain in board meeting attendance, diversity, and leadership independence.

time to read

2 mins

October 02, 2025

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RBI rate actions are signals that markets need not always heed

Contrary to widespread belief, monetary transmission is both slower and far-from-linear, globally

time to read

3 mins

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