Reports Financial News

Mint. According to the order, Emami has been able to make out a strong prima facie case on merits insofar as the matter of passing-off is concerned.

The International Labour Organization (ILO) in partnership with the Institute for Human Development (IHD) recently released the India Employment Report 2024, which has a special focus on youth employment. The report, a careful analysis of the job situation in India, created its usual set of headlines. Unfortunately, many of these headlines were mischievous, detracting from many important characteristics of India’s improving labour market.

Netflix has become a topic of curiosity for the subscribers of OTT streaming giant. Netflix's sci-fi drama series, «3 Body Problem», emerges as a captivating addition to the streaming giant's original content lineup, helmed by the visionary trio of creators: David Benioff, D.B. Weiss, and Alexander Woo. The show is adapted from the acclaimed novel penned by Chinese author Liu Cixin, as per a report in WhatsOnNetflix. Creators of the long-running hit series «Game of Thrones», David Benioff and D.B. Weiss, return to television with another ambitious project; science-fiction show «3 Body Problem».

Warburg Pincus has bought a majority stake in Chennai-based Appasamy Associates, India's largest maker of ophthalmic equipment and intraocular lenses (IOLs). Financial details of the transaction were not disclosed. Appasamy operates across the entire value chain of ophthalmic devices — diagnostic, surgical equipment, and IOLs, according to company statement. ET was the first to report last July that Warburg Pincus was in advanced stages of talks to acquire Appasamy, having signed an exclusivity agreement, and started due diligence of the company. Promoters of Appasamy were expecting a valuation of ₹3,000-₹3,200 crore, ET reported at the time. Warburg planned to buy a 60-70% stake in the company and the business would continue to be run by the current management, ET reported. Post the deal, Appasamy will continue to be led by recently appointed CEO, Senthil Kumar who will drive the business going forward with support of the promoter family and in partnership with Warburg Pincus, according to the statement. Appasamy is also the exclusive distributor for Canon medical equipment in India.

Bacardi India managing director Vinay Golikeri said, citing Bacardi Cocktail Trends Report 2024. «Premiumisation has endured, and we are into the golden age of spirits as the cocktail culture revolution is flourishing in India,» Golikeri said in an interview. The maker of Bacardi rum, Bombay Sapphire gin, Grey Goose vodka and Dewar's Scotch is accelerating premiumisation across its portfolio in sync with demand trends, he added. Golikeri termed India as a «standout» market for the multinational alcobev maker. He declined to comment on how much the Indian arm contributes to Bacardi's global sales. Bacardi India reported revenue of more than ₹500 crore for the financial year ended March 31, 2023, according to the latest available data from business intelligence platform Tofler.

LPL Financial has broadened its network in the Bluegrass State with the addition of three experienced advisors to its broker-dealer, RIA, and custodial platforms. The firm announced Wednesday that Greg Mullaney, Colleen Kelly Abate, and Peter Pagano are transitioning from Ameriprise Financial, where they reported managing approximately $300 million in advisory, brokerage, and retirement plan assets.

UBS Group faces a “substantial” increase in regulatory capital requirements under reforms that the Swiss government is advocating for in the wake of the collapse of Credit Suisse.

Rihanna is due for her ninth album as fans have been waiting since 2016 when the R&B singer last released her record 'Anti'. Talking with Interview magazine, Rihanna has not categorically said when her new album will be out in the market. She gave vague answer about creation of music. Despite her enduring popularity and the eagerness of fans for new music, Rihanna's latest statements during the interview obtained by The Hollywood Reporter, suggest that the wait for her ninth album may be prolonged.

Waiting for the buzz to return With candidates for over 400 Lok Sabha seats announced and campaign picking up, BJP headquarters now wears a deserted look as hardly any senior leader is present there. Only a few BJP panelists on news channels are seen hanging out with TV reporters. BJP media cell head Anil Baluni is away in Uttarakhand where he is contesting from the Pauri Garhwal seat. Most of the leaders who wanted to hop on to BJP bandwagon have done so, though a few more are said to be in the pipeline. This is just the lull before the buzz returns again, claim insiders. Daughter Vs Son of JDU Ministers Daughter and son of two JDU leaders, both ministers in Nitish Kumar government, are likely to challenge each other in elections. Bihar Cabinet minister Ashok Choudhary’s daughter Shambhavi is LJP (Ram Vilas) candidate from Samastipur. Another minister Maheshwar Hajari’s son Sunny has joined Congress and is likely to contest against Shambhavi.

upmsp.edu.in or upresults.nic.in. or result.upmsp.edu.in.

PM Narendra Modi referred to himself as a ‘god-gifted’ leader who is not ‘distracted by phone calls, messages’ but someone who is fully committed to his work. While speaking to Newsweek in an exclusive interview, PM said, “Listening is an important quality for leadership. I am god-gifted with this quality, and I have also cultivated it.

Pune Police have announced a ban on transgenders from forcefully asking for money at traffic signals and from houses. «It was noticed that transgenders and other such individuals visit houses or establishments of people on occasions such as festivals or births and forcefully demand more money than what people voluntarily offer. This notification prohibits any such uninvited visits to houses,» said Police Commissioner Amitesh Kumar, commenting on the Pune Police's decision to ban transgenders from forcefully asking for money. Kumar stated that the order, issued under section 144 of the CrPC, was a response to numerous complaints received by the police. He added that the notification prohibits any uninvited visits to houses, and any violation of this order shall be dealt with under section 188 (Disobedience to an order duly promulgated by a public servant) of the Indian Penal Code and other relevant sections.

Treasury Secretary Lawrence Summers said that the hot US consumer price inflation report for March means that the risk case of the next Federal Reserve move to be an increase must be taken seriously. “You have to take seriously the possibility that the next rate move will be upwards rather than downwards,” Summers said on Bloomberg Television’s Wall Street Week with David Westin. He indicated that such a likelihood is somewhere in the 15% to 25% range.

Boeing has flown into rough weather again. CEO Dave Calhoun — brought in to revive the aerospace and defence giant in January 2020 from the tailspin of the two 737 Max 8 aircraft crashes in 2018 and 2019 — announced his planned December exit last month. The many pun-laced stories regarding the turbulence enveloping Boeing shouldn't distract from the bleak point that this is just another instance of a giant corporation betraying the trust of the public — and that, sadly, this won't be the last. As the findings of many investigations and committees conclude — even as the company faces fresh safety scrutiny after a Boeing engineer emerged this week alleging 'major flaws' in 777 and 787 Dreamliners — Boeing may have gotten away with shoddy design of the Max 8. The design was cleared by the Federal Aviation Administration (FAA), as per aircraft certification guidelines applicable at the time. This means no one did anything wrong intentionally. Lack of any criminal convictions thus far also appears to support this conclusion. Reduced oversight creates a swamp wherein the shady thrive, and even the scrupulous can lose their sense of ethics. Without oversight, even Atlas could be tempted to shrug and drop the heavens he bears on his shoulders.

MLAs in Himachal Pradesh, who had voted for the BJP candidate in the recent Rajya Sabha election, on Wednesday moved the High Court seeking acceptance of their resignations from the Assembly. The three Independent MLAs — Hoshiyar Singh, Ashish Sharma and K LThakur — had voted in favour of BJP nominee Harsh Mahajan in Rajya Sabha polls held on February 27 and resigned from the Assembly on March 22. Himachal Pradesh Assembly Speaker Kuldeep Singh Pathania had issued a show cause notice to these legislators seeking an explanation from them till April 10 following a representation from the Congress legislative party claiming that these MLAs resigned under duress and not voluntarily. A decision on the resignation of three Independent MLAs cannot be taken till the case is adjudicated by the court, the Speaker said on Wednesday.

A 'Mornings with Maria' panel weighs in on the March Core CPI, the Fed's expected rate cuts and their overall market outlook.

₹350 each, valuing the company at ₹80,000 crore." Previously, according to regulatory filings, US-based asset management company (AMC) Invesco has increased Swiggy's valuation by 19 per cent to $12.7 billion ahead of its anticipated IPO. Invesco had spearheaded a $700 million funding round for the food delivery startup in January 2022, valuing it at $10.7 billion. Also read: Swiggy gears up for IPO: Food aggregator converts to public limited company ahead of IPO, plans to raise $1 billion Following that, Baron Capital, an investor in the company, assessed Swiggy's fair value at $12.2 billion as of March 2024, thereby giving a significant lift to the startup gearing up for its IPO.

state pollution control boards and committees are lying vacant, according to central government data. The data is part of a report submitted to the National Green Tribunal on Tuesday. India's Central Pollution Control Board (CPCB) report revealed that 6,075 (50.56 per cent) of the 12,016 sanctioned posts in 28 state pollution control boards and eight pollution control committees are vacant. The Bihar State Pollution Control Board has the maximum vacancy with 209 (84 per cent) of the 249 posts unoccupied. In Jharkhand, 198 (73 per cent) of the 271 posts are vacant.

Melania Trump be able to halt the falling popularity of her husband Donald Trump who is a Republican hopeful for the 2024 US Presidential Election? 'New York Post' has reported that she will join a fundraising event later this month as a strategy to portray herself as a «softer, more moderate voice» for the Trump campaign. Confirming her participation, Democratic strategist Hank Sheinkopf told the news outlet, «The Trump campaign recognizes that Melania is their secret weapon.» He added further, «Her appeal is critical to win battleground states and undecided voters, especially now that they’ve won the primary and are hyper-focused on the general.»

One Piece episode 1100 treated fans to a visually stunning rematch between Luffy and Lucci, surpassing even the original manga's depiction. This eagerly awaited showdown unfolded with breathtaking animation and dynamic choreography, immersing viewers in the heart-pounding action and emotional intensity of the battle. Episode 1100 stands as a testament to the enduring appeal of One Piece and its ability to consistently deliver exhilarating moments that resonate with fans around the globe, according to a Screenrant report. One Piece episode 1100 masterfully expanded upon the climactic rematch between Luffy and Lucci, enriching the battle with original content that heightened the stakes and intensified the spectacle. With meticulous attention to detail and unparalleled creativity, the episode delved deeper into the dynamics of the confrontation, showcasing thrilling new sequences and breathtaking visuals that left viewers on the edge of their seats, as per the report.

UPI users will now be able to use their wallet money to pay through any other third-party applications. So, what changes? Now if you have money in your PhonePe UPI, to access any of your online wallet, say Paytm wallet. To understand the new rule better, let's understand what the Prepaid Payment Instruments are? The Prepaid Payment Instruments or the PPI are financial tools allowing users to store value and make cashless transactions.