International Financial News

₹250 crore over the past three years for its international expansion, including its partnership with Williams. “We anticipate the international business will account for 25-35% of our total group revenues by the end of next year. This focus on international expansion is pivotal as we prepare for our IPO in October 2025." "This expansion is a key factor that will add significant interest for our IPO.

Good Glamm Group has formed a joint venture with former tennis player turned entrepreneur Serena Williams to launch her cosmetics brand 'Wyn Beauty by Serena Williams' in the US market. The entity, SW-Sanghvi Beauty USA Inc., which has board representation from both Williams’ team as well as the Mumbai-based The Good Glamm Group, owns Wyn Beauty and other related trademarks for the brand.

International Olympic Committee on Wednesday said it needs to find a suitable new international boxing body by early next year or else risk boxing dropping out of the Olympics for the Los Angeles Games in 2028. The IOC stripped the International Boxing Association of the right to run the Olympic boxing tournaments in Tokyo in 2021 and Paris this year. On Tuesday, the Court of Arbitration for Sport upheld the IOC's decision to formally de-recognize the IBA, in effect cutting it out of the Olympic movement altogether.

Bad economic ideas don’t die. Instead they just return a decade later to haunt another generation. That seems to be the situation with China’s steel industry.

The compliance function in banks is the nerve-centre that performs a vital role in preserving organizational resilience and stability. Equate it to our cardiovascular system. Just as a weak heart can debilitate the body, even result in a sudden demise, so can inept and deficient compliance take a toll on a bank’s health, with serious implications for the entity as well as the financial sector.

Mumbai: Homegrown Care Ratings Ltd plans to start its sovereign debt ratings service with countries in Asia and Africa, followed by Europe in the long term, a top executive said. The agency, which is creating a subsidiary in GIFT City for the purpose, will start with countries where it already has some presence, such as Nepal, Mauritius and South Africa. The board of Care Ratings last month approved setting up CareEdge Global IFSC Ltd for the purpose, managing director and group chief executive of CareEdge—a group level brand identity—Mehul Pandya said in an interview.

Manchester United will face Chelsea at Stamford Bridge in London in a crucial premier league match on Thursday. Erstwhile champions, both Manchester United and Chelsea are struggling this season. While Red Devils have 48 points from 29 matches, Chelsea managed to garner 40 points off 28 games. Manchester United won two games in previous five EPL matches, Chelsea also won the same number of games in as many outings. Manchester United versus Chelsea premier league match is scheduled to kick off at 3.15 pm (ET) on Thursday, April 4.

The Cleveland Guardians won’t be changing the name of their ballpark anytime soon

Stephen Gilmore oversaw some of the pension-investing world’s best returns at his country’s sovereign wealth fund. He’s now taking one of the industry’s hardest jobs: reviving the fortunes of the much bigger California Public Employees’ Retirement System.

NEW DELHI : The Delhi high court on Wednesday deferred hearing in a plea that sought to probe alleged fraudulent practices by Axis Bank in the sale and purchase of shares in Max Life Insurance Co Ltd. Counsels for the private sector lender and Max Life Insurance said that the case is pending with the Securities and Exchange Board of India (Sebi), which has the authority to adjudicate in these kinds of matters. The entities argued that the dispute, centering on a commercial transaction between two private parties, does not directly implicate the interests of the public shareholders, suggesting limited judicial intervention is warranted.

regional airline, has partnered with IBS Software to power its commercial operations. FLY91 aims to provide an air alternative to road and rail travel across underserved routes in India. IBS Software has created a reservation experience designed to deliver a simple, efficient and cost-effective experience, to attract and retain customers, a press release from the company said on Wednesday. «By implementing IBS Software's modern omni-channel iFly Res commerce platform, FLY91 will not only create a compelling user experience powered by the platform's rich set of APIs and flexible rules engine, but also deliver dynamic pricing. „These real-time dynamic and personalised pricing capabilities are a vital tool in delivering the most cost-effective fares and ensuring pricing is competitive with alternative modes of transport,“ IBS Software said in the release.

Indo Tech Transformers Ltd.(up 11.07%), Energy Development Company Ltd.(up 9.88%), GE Power India Ltd.(up 9.17%), JSW Energy Ltd.(up 7.23%), Adani Power Ltd.(up 5.00%), GE T&D India Ltd.(up 5.00%), RattanIndia Power Ltd.(up 4.98%), Reliance Power Ltd.(up 4.96%), Orient Green Power Company Ltd.(up 4.87%) and Indowind Energy Ltd.(up 4.85%) stood among the top gainers.

Committee for a Responsible Federal Budget President Maya MacGuineas explains the 'three basic ways' Biden could reduce national debt.

NEW DELHI : The Delhi high court on Wednesday dismissed a plea that sought directives for the Centre to implement measures ensuring the confidentiality of personal data collected by international travel companies during ticket bookings. The plea raised concerns about the potential misuse of Indian citizens' data, including Aadhaar and passport details, by three foreign-owned corporations: MakeMyTrip, GoIbibo, and SkyScanner.

online payment failures. Online payment failures can be exasperating for both customers and businesses. Here are five common reasons for online payment failures in India and ways to prevent them: Banks and payment gateways may undergo scheduled maintenance or face unplanned outages.

The Declaration of Independence summarizes liberalism—not as a political creed opposed to conservatism, but as a philosophical account of government. This theory rests on truths held to be self-evident: that all human beings are created equal; that they have certain rights no one can take from them and which they can’t surrender; that these rights include life, liberty, and the pursuit of happiness; that legitimate government exists to secure these rights and is based on the consent of individuals who regard themselves as together forming a distinct people; that this consent is revocable when the government undermines its proper ends; and that the people reserve the right to reform or replace it with other institutions better suited to promoting these ends.

Motorola Edge 50 Ultra has been teased in recent leaks, accompanied by renders and brief video teasers shared by prominent tipster Evan Blass (@evleaks). These sneak peeks offer glimpses into the design and features of the device, building anticipation among enthusiasts. The leaked material showcases a beige color option for the Motorola Edge 50 Ultra, providing a peek into its aesthetic appeal.

«It was always a long row,» said Piet De Staercke of the line to go through passport screening. He, his wife and two sons were visiting Washington and Chicago. «We were a bit scared. But now with the app, it's amazing.» As travel continues to boom following pandemic-related slumps, U.S. Customs and Border Protection is expanding the use of technology like the Mobile Passport Control app the De Staercke family used in an effort to process the ever-growing number of passengers traveling internationally. And with events like a rare solar eclipse, the Olympics in Paris, and summer holidays still driving international travel, those numbers don't look set to drop any time soon.

At least half of adults in a range of major economies report being stressed about their personal finances, and say inflation is one of the main reasons.

Like in the case of PUC 1, the board is expected to release the results on its official website at karresults.nic.in. Over 6.9 lakh students had enrolled for the 2nd PUC exam including 3.3 lakh male and 3.6 lakh female students. The 2nd PUC exams were held from March 1, 2024 till March 22, 2024. The 2024 KSEAB PUC 2 exam was held in 80+20 pattern, consisting of of an 80-mark written test and 20-mark internal assessment.

A heady air of mutual—and self— congratulation hovered over the Reserve Bank of India’s (RBI) 90th-year celebration held on 1 April. It was almost palpable in the speeches made.