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Inditex, the owner of fashion brand Zara, saw its slowest ever sales growth in India, excluding the pandemic year, in FY24 as the world's largest fashion group faced rising competition from global rivals in the clothing market that is increasingly getting cluttered. Inditex Trent, its joint venture with Tata that runs 23 of Zara stores in India, saw revenue rise 8% to Rs 2,775 crore last fiscal, significantly down from 40% growth a year ago, according to Trent's annual report. Net profit was down too at Rs 244 crore, an 8% drop. Zara has been a runaway success since its arrival in the country more than a decade ago but after initially doubling sales every two years, the brand's rate of expansion had come down in the past few years. «The market is very competitive, and the challenges are real. Nevertheless, the opportunity pool and the size of the market means that there is space for multiple successful players. Trent remains well placed to navigate this next phase of growth by leveraging our platform and growth engines,» P Venkatesalu, chief executive officer at Trent, said in the report.

KKR is looking to acquire a minority stake in the Tandon Group-owned healthcare BPO Infinx Healthcare. The global private equity major is likely to invest about $150 million, or Rs 1,250 crore, to acquire about 26% stake in Infinx, two people aware of the development told ET. «We expect this sector (healthcare BPO) to continue growing in India, driven by global demand, and believe that Infinx is well placed to meet this gap through its tech-enabled solutions,» Akshay Tanna, partner and head of India private equity at KKR, told ET. «We will draw on our local knowledge and healthcare expertise to support Infinx's growth and build a healthcare platform, including through organic and inorganic growth strategies.»

Google’s long-term experiment to create a science fiction-like 3D, holographic ultra-realistic display is now a real product. After many failures, is Silicon Valley’s quest to build screens that look like teleportation portals finally nearing promise? In development for at least five years, it is a video conferencing system on steroids. It uses a 3D light-field display to create a holographic, 3D image of people appearing on the screen.

A lot of investors have shunned cryptocurrencies and for good reason. After all, who wants to invest in something that is made up, has no real use other than to help commit crimes and is as unstable as a chair with two legs.

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Some spoilers follow. "Baby Reindeer," Netflix's absorbing, claustrophobic seven-episode thriller, has been an unexpected global hit — a success made even more surprising given its intense themes. It is far and away the most-watched show on Netflix, according to the streamer's publicly released numbers, dwarfing every other show on the platform. The miniseries follows the character of Donny Dunn, a bartender and floundering comedian trying to navigate the fog of trauma and cobble together a sense of self while being mercilessly stalked and tormented by a woman named Martha, with whom he maintains a codependent connection, despite the harassment. The title refers to one of Martha's many nicknames for Donny.

Jules and Jim, Wings of Desire, Metropolis, Notorious—bought between the ages of 21 and 26 at hole-in-the-wall shops in Mumbai and Chennai but most often in the dank underground of Delhi’s Palika Bazaar. There was an unvarying routine: you would ask for foreign films, be offered porn, explain that you meant the other kind of foreign film, bargain half-heartedly, and stumble into the sunlight clutching Renoirs and Kitanos that may or may not play when you got home. It had all the unreliability and exhilaration of a drug deal.

Cryptocurrency markets are constantly evolving, with new opportunities emerging as the bull run of 2024 gains momentum. Behind the surge, a few lesser-known cryptocurrencies are carving their niche, capturing the attention of savvy investors. This article delves into BLP, STRK, HFT, and BLUR, each poised to make a significant impact. With a closer look, one might find the potential for significant growth hidden beneath their current market positions. This analysis aims to shed light on these selections, guiding readers through their unique propositions.

As the cryptocurrency market continues to welcome new entrants, one of the latest additions, Shiba Shootout, is turning heads. Drawing inspiration from the sensational success of Shiba Inu, many investors are now wondering: Could Shiba Shootout be the next big thing to deliver a 1000X return? With its unique blend of engaging features and a dynamic community-driven approach, Shiba Shootout certainly has the potential.

The growing attention on Chimpzee has been evident lately, with some analysts predicting it to be the next big thing in the realm of meme coin cryptocurrency due to its uniqueness and utility. In fact, it has been compared to prominent meme coins like Shiba Inu.

NEW DELHI : Three high-profile ministries that oversee different aspects of social media advertising are joining hands to create a taskforce that can comprehensively crackdown on misleading ads and fraudulent schemes promoted on digital platforms. An inter-ministerial taskforce to monitor and regulate social media ads is being established by the ministries of information and broadcasting, electronics and information technology, and consumer affairs, according to two people aware of the development.

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Donald Trump pledged to unravel gun regulations put in place by Democratic President Joe Biden during a lengthy speech to the National Rifle Association on Saturday, during which he accepted the influential group's endorsement. The address to thousands of NRA members at the group's annual Leadership Forum in Dallas was light on new policy, but he used the platform to urge gun supporters to go to the polls in the November election. "We've got to get gun owners to vote," Trump said in his wide-ranging speech, which covered everything from his criminal trials to trade and immigration over more than 90 minutes.

Who won yesterday's IPL match? Top highlights of last night's RCB vs CSK match Star RCB batter Virat Kohli and his wife, Anushka Sharma, were emotionally overwhelmed following the team's triumph. The couple couldn't hold back their tears of joy as they celebrated the win. See the reactions here: In a post on X, a netizen wrote, “Anushka Sharma is legit us celebrating the wicket and cheering for RCB." Also Read: RCB vs CSK clash: 'Bengaluru weather' most searched thing on Google India, netizens say 'craze is unreal' CSK won the toss and opted to bat first.

Dune: Part Two" OTT platform and release date have finally been revealed and viewers in the US can watch the blockbuster film at home. «Dune: Part Two», the sequel of 2021 release Dune, has earned record-breaking collection at the box-office. Denis Villeneuve's «Dune: Part Two» finally hits OTT streaming service on Tuesday, May 21 when it will premier on Max.

BlastUP, the premier launchpad on Blast, has raised over $6 million during its presale with two weeks to go, reflecting robust demand amid the market recovery.

Royal Challengers Bengaluru (RCB) tied with Mumbai Indians (MI) for most 200-plus run totals in a single Indian Premier League (IPL) season on Saturday. The Red and Gold accomplished this feat against Chennai Super Kings (CSK) in their game at Bengaluru. RCB posted a total of 218/5 in 20 overs against CSK, their sixth total of over 200 this season. They have levelled with Mumbai Indians (six 200-plus totals in 2023) and Kolkata Knight Riders (six 200-plus totals in IPL 2024).