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handset companies have reduced to 6-8% for fiscal 2023 from an average of 10-12% in the previous two years, staffing firms said, as the industry struggles with a slump in demand. The segment has also seen some attrition — voluntary and layoffs — in the first few months of calendar year 2023. Things, though, are expected to take a turn for the better with the smartphone market showing signs of recovery in the April-June quarter, experts said.

IATSE) is holding a vote on whether the 1,500 people on a so-called pink contract should go on strike. The move has been taken after the talks between Disney Theatrical Productions and Broadway League came to an end without a conclusion. If the majority votes for the strike, 1500 people working in 45 theatrical shows with 28 productions on Broadway and 17 on Tour will join the strike, bringing the filming job to a standstill. The IATSE has said that if the deal is not struck, these workers will begin the strike on Friday. To go for a strike, the unions must get at least 75 percent yes votes, but it doesn’t mean necessarily going on the strike. The negotiations may take palace and the majority vote may be a ploy to warn and show strength for a better bargain. The pink workers are generally employed directly by the production houses and either they work out of the city or go on a tour. They are covered under IATSE Local One. Talking to journalists, IATSE International President Matthew D. Loeb said that the pink workers need to show unity and strength to ensure they get better wages and the working conditions that they deserve. The previous contract came into effect on July 1, 2019, and it ceased to exist on July 2, 2023. The first negotiation was held on May 25, when the two sides sat, talked, and held negotiations for 19 hours. Some progress was made in the negotiations, particularly on the issues of healthcare and housing for the touring workers. But wage hikes and the daily and weekly rest periods are some of the sticking points. A spokesperson for the Broadway League, an association of producers and managers, refused to comment.

retailers this year, reporting only 7% growth in June from a year ago, despite EOSS starting early.Delhi rains made it worse in July for shopping complexes as shoppers preferred to stay indoors during the flood-like situation. According to the Retail Business Survey by the Retailers Association of India (RAI), June 2023 showed a moderate growth of 7% compared to the sales levels during the same period last year. Last year, the growth rate in June was over 50% due to the low base of 2021.

Seven states account for 75% of India’s exports and they have dominated the Niti Aayog’s Export Preparedness Index for the last three years. What are they doing right? Mint looks at their policies and how they are building the ecosystem. Tamil Nadu has emerged as the most export-competitive state in the country.

In what’s shaping up to be the biggest weekend for Hollywood at the box office after many months, Christopher Nolan’s Oppenheimer and Greta Gerwig’s Barbie are set to engage in a theatrical clash, generating immense excitement not only for the viewers in their home market but also among Indian fans. Nolan’s devoted fan base and the movie’s positioning as a big-screen spectacle shot on IMAX are helping the epic Robert Oppenheimer biographical thriller dominate advance ticket sales in India.

QS Best Student Cities survey that showcases the best urban destinations for international students. Mumbai (118th) is India’s highest-ranked city, followed by Delhi (132nd), Bengaluru (147th) and Chennai (151-160) in the 11th edition of the Quacquarelli Symonds’ Best Student Cities survey. One areas of concern for all Indian cities is the desirability indicator – which considers metrics related to quality of life, pollution index, safety, and the propensity of prospective students to select a city for their university experience — where no Indian city made it to the global top 100.

Amber Heard, known for her high-profile legal battles with Johnny Depp, is once again in the midst of trouble, this time involving the FBI. The actor recently made headlines for her return to the big screens with the indie movie In the Fire, but her legal woes continue to haunt her. Reports surfaced in 2022, revealing that Amber Heard was under investigation, and the FBI was involved in the case. The investigation stemmed from allegations that Heard smuggled her dogs, Pistol and Boo, into Australia while accompanying her then-husband Johnny Depp during the filming of Pirates of the Caribbean 5 in 2015. Heard reportedly brought her dogs without declaring them, leading to charges of illegal animal importation. She ultimately pleaded guilty to falsifying travel documents in an Australian court in April 2016. Recently, it was disclosed that the perjury case involving Amber is still ongoing, with Australian authorities collaborating with the FBI to locate witnesses in America.

India Campaign/Sugamya Bharat Abhiyan, launched in 2015, reports and anecdotal evidence abound to show that navigating India remains a nightmare for PwDs. In this context, the Comptroller and Auditor General of India's (CAG) reported decision to order a pan-India audit of disability features in government buildings constructed or retrofitted between April 2022 and March 2023 is very welcome. According to Census 2011, there are 26.8 million PwDs in the country.

₹6,1239 per bbl, having swung between ₹6,188 and ₹6,351 per bbl during the session so far, compared to their previous close of ₹6,221 per bbl. U.S. crude inventories fell by 708,000 barrels in the last week to 457.4 million barrels, Energy Information Administration data showed on Wednesday.  For the first time since January 2021, the data showed inventories in the Strategic Petroleum Reserve climbed, as the U.S.

Punishingly high temperatures have been stifling much of the Northern Hemisphere this summer, with record heat reported in swaths of North America and Europe, as well as parts of Africa and Asia. Last month was the hottest June ever recorded, according to the World Meteorological Organization. Early July saw the Earth’s hottest week on record.

excel at middle-management jobs are true superstars. When one department or team clearly stands out from the rest, more often than not, it's because of a superstar manager. Once these superstar performers are identified, senior leaders need to do everything in their power to keep them in their jobs.

ITLF) Conglomerate of Recognised Tribes stated two-and-a-half-months into the ethnic conflict in Manipur, evidence of atrocities committed against Kuki-Zo tribals continue to surface. ITLF stated a video which went viral shows a large Meitei mob parading two Kuki-Zo tribal women naked toward a paddy field to be gang-raped. ITLF in statement stated the despicable scene, which happened on May 4 in Kangpokpi district, shows the men constantly molesting the helpless women, who cry and plead with their captors.

By Lucia Mutikani

Enforcement Directorate (ED) on Wednesday filed a fresh case of money laundering against Naresh Goyal, the former promoter of Jet Airways. As part of the fresh money laundering case against Goyal and others, the ED also conducted searches on Wednesday, said a report by PTI citing official sources. This move follows the ongoing probe y the Central Bureau of Investigation (CBI) against Goyal.

This week, the UK will see rail strikes as workers demand significantly higher pay raises. From Sunday, workers on London’s fabulous metro are threatening industrial action. Earlier this month, it was the turn of doctors of the National Health Service (NHS), who rejected Prime Minister Rishi Sunak’s offer of a 6% salary hike and are demanding 35% to catch up with what in developed-world terms has been runaway inflation.

Microsoft and Activision Blizzard said they have agreed to extend the deadline for their $75 billion merger until mid-October, a step that will allow them to continue with efforts to gain regulatory approval in the U.K. The companies, which had originally planned to close the deal by Tuesday, gave themselves until Oct. 18 to complete a transaction that would give Microsoft ownership of Activision’s vast portfolio of videogames, including those from hit series such as Call of Duty, Candy Crush and World of Warcraft.

Say the word ‘innovation’ and it is likely to evoke the image of a young entrepreneur in a garage like startup, or that of a scientist in a lab creating a product that magically disrupts the market. These are images that have become associated with innovation—gripping and appealing. Also, somewhat mythical and only half true.

₹3,534 crore. Although a low base has helped to some extent, the performance bodes well for the company’s overall growth outlook. Shares of Polycab have risen by 10% in the last two days with the stock scaling a new 52-week high of ₹4,325.15 apiece on Wednesday.

₹3,353 crore, also the highest Q1 number delivered by it. With that, the company has achieved 23% of its FY24 pre-sales guidance of ₹14,500 crore. Prestige Estates Projects Ltd saw sales value growth of 30% y-o-y in Q1.

Finolex Industries is one of the most trusted PVC pipes and fittings manufacturers in India. Today, it presented unaudited financial results for the fourth quarter ended June 30, 2023, at its board meeting. Finolex Industries, a manufacturer of pipes, announced a 10% increase in net profit to ₹110.88 crore in for the quarter ending in June on Wednesday.

Here's how analysts read the market pulse: “Asian Development Bank retained forecasts for India's economic growth at 6.4% for FY24 and 6.7% for FY25, citing robust domestic demand that would continue to support the region's recovery. Nse Cash market volumes were lower as compared to recent averages. «Nifty remains in the strong uptrend.