Beautiful Financial News

Mint. Value retail typically finds favour with India’s middle-income consumers who aspire to wear branded clothes, but do not have a budget to buy established foreign brands. The new format will sell private labels but not follow the Shoppers Stop format under which it also retails third-party brands.

NEW DELHI : Packaged consumer goods company Marico Ltd has signed a definitive agreement to acquire a majority stake in Satiya Nutraceuticals Private Ltd that owns plant-based nutrition brand Plix for ₹369 crore. “In line with our strategy to accelerate our diversification journey, the investment in Plix not only expands our total addressable market in value-added wellness foods and nutrition segments, but also brings another digital-first brand with a distinct value proposition into our fold," Saugata Gupta, MD and CEO, Marico, said in a filing with the exchanges. The acquisition of 32.75% of the paid-up share capital of Satiya Nutraceuticals on a fully diluted basis, through primary infusion and secondary buyouts, was completed on 26 July 2023; acquisition of remaining 25.25% of the paid-up share capital of the company will be completed in one or more tranches by May 2025, subject to terms and conditions of the definitive agreements, the company said in its filing.

Every time I have to board flight from Kochi airport in Kerala, I make it a point to go a bit early. I have never experienced heavy rush at this airport. But I always try to reach early only because after all the security formalities are over, I want to spend some time at the book stalls inside the airport terminal.

ecommerce market by 2030, according to a report on Wednesday by strategy consulting firm Redseer. The report describes households earning between Rs 2.5 lakh and Rs 10 lakh annually as ‘mass’ consumers and those earning above Rs 10 lakh as ‘affluent’. The mass section, the report said, would contribute to almost $135 billion (45%) in gross merchandise value (GMV) for ecommerce by 2030.

rare public protest in Kabul, where beauticians and makeup artists demonstrated against the ruling. Security forces dispersed the gathering, using fire hoses, tasers and firing guns into the air.

The world’s biggest luxury group, LVMH Moët Hennessy Louis Vuitton, has announced a sponsorship deal with the 2024 Paris Olympics and Paralympics

Kumkum star took to Instagram with a lengthy note on Monday, calling out the ‘inappropriate’ film for its seemingly adult themes. The well known TV actor said that she had walked out of the theatre within mere minutes after going to watch the movie with her 10-year-old daughter. While Parmar acknowledged that she had not noticed the film was rated PG-13, she added that "the language and content is inappropriate even for children 13 and above".

Chetan Bhagat, India’s original influencer, is unhappy with influencers. Or so he wrote in a recent column in The Times of India, where he suggested that influencers have sucked the joy out of travel and hospitality, one reel at a time. This after having seen a reel made by a “reasonably popular food influencer" about this quaint little café at a small distance from where he lives.

Gladiators' beloved Jet, Diane Youdale, has taken a significant step in her love life, marrying her fiancée Zoe Gilbert in a discreet and hushed ceremony. The 53-year-old TV legend, who captured hearts in the 90s show, shared the news of her nuptials, revealing that the wedding took place last week, culminating their year-and-a-half-long courtship. In an interview with Closer magazine, Diane joyfully exclaimed, «We're married! We kept it very, very quiet.» Only a select few were privy to the happy occasion, with a mere nine individuals knowing about the couple's special day.

leadership What makes this quarter's result more interesting for the investors is the fact that it is the first set of results under Chief Executive Hein Schumacher. It will also help investors in understanding the nature of Schumacher's strategy to revive the company's sluggish performance.

Shoppers Stop on Monday reported a 36.5 per cent decline in consolidated net profit to Rs 14.49 crore in the June quarter. The company had posted a net profit of Rs 22.83 crore in the April-June period a year ago, Shoppers Stop said in a regulatory filing.

Haruki Murakami's books frequently feature aspects of fantasy and surrealism, with stories that deviate from reality. His protagonists frequently encounter strange occurrences and parallel realms, allowing him to examine broader topics in an unexpected manner. His work frequently addresses themes of identity and belonging, and his compelling style keeps readers engaged and intrigued throughout his novels. Murakami's novels have received widespread acclaim for their blend of humor, horror, and surrealism, earning him a slew of important awards and nominations. Murakami is one of our time's most popular authors, and he continues to inspire readers of all ages.List of the best Haruki Murakami Books

PARIS (Reuters) — Luxury giant LVMH unveiled on Monday a deal to sponsor next year's Olympic Games in Paris with top fashion brands Louis Vuitton and Dior, Moet Hennessy champagne and spirits labels and jeweller Chaumet, which will design medals for the event.

Oscar nominee Greta Gerwig’ Barbie’ proved itself to be the best movie by a female director with the opening of USD 162 million. On the other hand, Christopher Nolan-directed biographical drama Oppenheimer reached USD 82.4 million. Disney’s Haunted Mansion opened around USD 32 million.

To demystify these secrets, Brunch Labs, a video series, brought to life by Bertelsmann India Investments (BII), a sector-agnostic venture capital fund that has proven to be a strong pillar for mentoring growth-stage companies into unicorns. In the past decade, BII has invested in category-defining companies including Eruditus, Licious, Shiprocket, Pepperfry, AgroStar, Bijak, Skeps and Vymo, among others. BII focuses on early growth-stage investments (Series A to D) in tech-driven startups.

The Established Secures Investment from Brand Capital

Joe Biden said was in some way an acknowledgement of this truth, but this doesn't show our cooperation with America. We do not need the cooperation of any country," he said. The acting defence minister once again accused the US of violating the airspace of the country and asked Washington to end the violation of the airspace of Afghanistan.

Hoylake was a rainy mess on Sunday. But the golf was somehow calm and serene, a mystifying object of beauty only possible at a major championship. Brian Harman was so far ahead, and despite two days of intriguing drama, there was nothing even the most deviant of prayers could do to unsettle the butcher from Savannah.

Nykaa have dominated the sector in the recent past, it is increasingly seeing consolidation of brands or bigger conglomerates making an entry. The latest is Radhakishan Damani, billionaire investor and founder of Avenue Supermarts that runs the D-Mart chain.

Oppenheimer’ has created quite a furor on Twitter, this time for the wrong reasons. Indian netizens slammed the movie and the director for having a scene where the main character Oppenheimer (Cillian Murphy) quotes a line from the Bhagavad Gita ( the Hindu sacred text) while making love to Jean Tatlock (Florence Pugh). This particular scene has scandalised many Indians, both in the country, as well as the diaspora.

ANSAM) and Naga People's Front, have strongly condemned the inhuman act committed against the two women by a mob on May 4. The UNC asked the Manipur government to take up the case in a fast-track court to deliver justice instantly. «The government must initiate necessary steps for immediate booking of all the people involved in such dehumanizing crime,» the UNC said in a statement.