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Varun Beverages (VBL), PepsiCo's bottling franchise partner, will set up manufacturing units in Zimbabwe and Zambia with an investment of $7 million (close to ₹60 crore), the company said in a regulatory filing on Monday. VBL said two of its subsidiaries plan to enter into an agreement with PepsiCo to manufacture, distribute and sell snacks brand Simba Munchiez in Zimbabwe and Zambia. These subsidiaries are VFZ Varun Foods (Zimbabwe) (VFZ) and Varun Beverages (Zambia) (VBZ).

Air India Express on Monday said it has launched common platform 'Xpress Holidays' in collaboration with online travel firm MakeMytrip for travellers to book flights, accommodation and transport. The partnership with MakeMyTrip enables a variety of attractive packages to cater to different travel preferences, Air India Express said in a statement. The service offers exclusive deals, through the airline's website, the airline said, adding that the extended offerings of the platform include access to end-to-end holiday packages, including cab pick-ups, sightseeing tours and experiences. «We are extending the services on our website and mobile app to be a one-stop solution for all travel needs. With the launch of the all-encompassing 'Xpress Holidays', powered by MakeMyTrip, we are also enabling exclusive curated offers on flights and accommodations across India and our key international destinations, including airport transfers and guided tours,» said Ankur Garg, Chief Commercial Officer at Air India Express.

Lupin announced on Monday that it has divested its US commercial women’s health specialty business to Evofem Biosciences, a US biopharmaceutical company focused exclusively on women’s health. Lupin’s US Commercial Women’s Health Specialty Business is primarily focused on commercializing Solosec (secnidazole) 2g oral granules. This FDA-approved single-dose antimicrobial agent provides a complete course of therapy for the treatment of bacterial vaginosis (BV) and trichomoniasis, two common sexual health infections. Under the terms of the deal, Lupin can receive a potential total consideration of up to USD 84 million based on future contingent milestones.

A $200 million injection of growth equity is already driving acquisitions for a tech-enabled financial services firm that focuses exclusively on the needs of medical professionals.

Varun Beverages Ltd, a franchise partner of PepsiCo, on Monday said its two subsidiaries plan to enter into an agreement with the multinational food and beverages major to manufacture, distribute and sell the snacks brand 'Simba Munchiez' in Zimbabwe and Zambia. The company plans to set up manufacturing units in Zimbabwe and Zambia entailing an investment of USD 7 million (around Rs 60 crore), according to a regulatory filing by Varun Beverages Ltd (VBL). Through its subsidiaries — VFZ Varun Foods (Zimbabwe) Pvt Ltd (VFZ) and Varun Beverages (Zambia) Ltd (VBZ), VBL has discussed with PepsiCo to further strengthen and expand the latter's footprint in the snacks portfolio. It has discussed with PepsiCo to enter into an exclusive snacks franchising appointment with Premier Nutrition Trading LLC, Dubai (a PepsiCo Inc. subsidiary) to manufacture, distribute and sell 'Simba Munchiez' in the territory of Zimbabwe and Zambia, the filing added.

Ocean Vista boasts a unique feature: unobstructed sea views from every floor, a signature offering exclusively by Rustomjee. This prominent attribute sets Ocean Vista apart in a market where spacious 4-bedroom seaside apartments are rare. Rustomjee leads the way among developers addressing this niche, offering 32 luxury 4-bedroom apartments with carpet sizes ranging from 2394 to 2521 square feet, providing luxurious beachfront living with unmatched privacy, and exclusivity.

Reasons to BuyReasons to AvoidThe SteelSeries Stratus Duo Wireless Gaming Controller is designed for Android, Windows, and VR gaming rigs. It offers dual-wireless connectivity, enabling seamless switching between 2.4GHz wireless for Windows and Steam, and Bluetooth for mobile gaming.

Foram Parekh, Associate V-P,Sharekhan By BNP Paribas, says from the domestic pharma side, he likes Torrent and from the US side, Lupin and Sun Pharma. Zydus Life is also there. They like Sun because despite all the plant problems that this company is facing, its US specialty drug is doing good and it will continue to do good. Even it has new product launches coming up next month in the specialty side. Zydus got the US FDA approval for an Edarbi drug. The stock is sitting at a one-month high level. The updates that we have got concerning the Q1 domestic as well as the import data suggest that this quarter is going to be strong. What are your expectations concerning Zydus Life and the stock movement going forward? Foram Parekh: We like Zydus Life and we also believe that this quarter is going to be healthy for Zydus because its US business is doing good. Also, it has launched Mirabegron in the US market which is a very big product and almost has a market size of $1 billion. Zydus has launched it in two strengths – 25 and 50 mg and it is the sole player to launch in 50 mg.

Keir Starmer, Britain's newly elected prime minister, addressed the issue indirectly while discussing age limits for lawmakers. He held the view that it is up to the Americans to decide their president. Starmer further mentioned that the incumbent 81-year old was in good form when met him.“Obviously in America, it’s for the American people to decide who they want to be their president," Starmer told Jake Tapper in an exclusive interview with CNN.

Blockchain Life 2024, one of the world’s leading events in web3, cryptocurrencies and mining sphere, today announced the first wave of its esteemed speaker lineup for the 13th edition of the event. Bringing together over the 10,000 most influential figures from all over the world on October 22-23, the Blockchain Life 2024 promises to deliver powerful insights on making money during the current Bull Run.

FI-Index, capturing the extent of financial inclusion across the country, rose to 64.2 in March 2024, showing growth across all parameters. The index captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial inclusion. «The value of the index for March 2024 stands at 64.2 vis-a-vis 60.1 in March 2023, with growth witnessed across all sub-indices,» the Reserve Bank of India (RBI) said in a statement on Tuesday. Improvement in FI-Index is mainly contributed by usage dimension, reflecting deepening of financial inclusion, it added.

About a quarter of senior executives in GCCs are from the IT services sector, according to a study conducted by staffing firm Xpheno. The report was shared exclusively with ET. According to the findings, there are about 120 top GCCs in India with some 21,000 senior executive roles, including those of vice-president, assistant vice-president, senior vice-president and director. These senior executives have a minimum experience of 15 years, and in the last one year, more than 100 have moved from an IT company to a GCC.

Letitia Wright steps behind the scenes as an executive producer for Angel Studios' latest film, “Sound of Hope: The Story of Possum Trot.” This heartfelt movie sheds light on America's foster care system, inspired by a true story of remarkable compassion and community effort.

The meme coin market is captivating and dynamic, with trends changing rapidly every market cycle. Initially, with the popularity of Dogecoin and Shiba Inu, the community focus was largely on animal-themed meme coins. This trend is now shifting to product-based coins, where new and engaging concepts quickly gain traction. The recent success of tokens like WATER and BEER showcases the dynamic nature of this market segment.

Born from an endeavor to defy convention, Avión Lucky Liquid embodies a story of serendipity. This limited-edition release of just 100 bottles is the pioneering product of nine years’ aging for extra añejo tequila in one single oak cask that previously matured Mexican Cabernet Sauvignon. Left forgotten in the cellars until it was fortunately rediscovered, the result is an expression with unparalleled depth and character which takes its name from having beaten all odds – clearly prevailing as an exquisite 100% agave tequila despite the nature of its production.

A Boeing jet operated by United Airlines lost a landing gear wheel during take-off from Los Angeles on Monday morning — the second reported wheel loss incident for the airline this year.

Tata Trusts has set up an executive committee (EC) comprising chairman Ratan Tata, vice chairmen Venu Srinivasan and Vijay Singh, and trustee Mehli Mistry, said people with knowledge of the matter. The move is aimed at expediting decision making on a day-to-day basis without having to go to the entire board for approvals and ratification, given that there are over 18 trustees across all trusts. Tata Trusts is the controlling shareholder of Tata Sons, the Tata Group’s holding company, Separately, Aparna Uppaluri has stepped down from her role as COO of Tata Trusts citing personal reasons. Uppaluri was appointed in April 2023, and was the first to hold that role in Tata Trusts. Siddharth Sharma, who was appointed CEO of Tata Trusts at the same time, remains in his position. Tata Trusts is understood to be looking for a successor to Uppaluri, executives close to the matter said.

Tower of God Season 2 is set to debut on July 7. The trailer hints at the intense journey ahead for fans.

The Government of India has decided not to intervene or prevent Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi) from raising mobile tariffs, according to a report. Despite the price hike, mobile tariffs in India continue to remain among the lowest globally, prompting authorities to urge telcos to prioritise improving service quality, according to officials. They emphasised that the situation is “not critical.” “There is enough competition in the telecom sector, and the situation is not critical. Consumers may feel some pinch of the price rise, but the hike has happened after three years,” an anonymous government official was quoted by The Economic Times as saying.

Zurich, July 5: Tangem AG, the leading global provider of secure hardware wallet solutions, is thrilled to announce a partnership with Visa, a world leader in digital payments, to enable an innovative self-custodial payment solution for hardware wallets.

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