Market Live: Sensex, Nifty Trade Flat But Midcap Extends Gain Cement Stocks Dive

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Japan's export growth held steady in October, suggesting that brisk global demand for Japanese cars and electronics will likely carry its economic recovery into the current quarter.

Ministry of Finance (MOF) data out today showed that exports rose 14.0 percent year-on-year in October, led by shipments of cars to Australia and liquid-crystal device production equipment and raw materials for plastics to China.

That compares with a 15.8 percent annual gain expected by economists following a 14.1 percent increase in September.Telecom giant Bharti Airtel has struck a partnership with Ericsson to develop 5G technology for the former’s India operations.

Ericsson’s Senior Vice President and Head of Market Area South East Asia, Oceania and India Nunzio Mirtillo, confirmed the news and said, "We have MoUs (agreements) with 36 operators globally. In India, we have recently tied up with Bharti Airtel for 5G technology.

According to the terms of the partnership, Ericsson and Bharti have come together to push Airtel's transition into the next-gen 5G network, Mirtillo said.

Interestingly, this is not the first time both the companies have joined hands as the Swedish company already has tie-ups with Airtel for its 4G and managed services.'

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