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Subscribe to enjoy similar stories. Mumbai: Venture capitalists are hesitant to back influencer-led businesses, deeming them riskier than other startups. VCs see multiple challenges in these businesses in terms of operational risks, fundamentals based on unpredictable trends, and lower audience retention.

Several states in Brazil are trying to rid themselves of rainforest protections, bowing to pressures from cattle ranchers and soybean growers to cut forest and expand agriculture as much as possible

Moody's Ratings said Wednesday. The agency expects power demand here to rise by 5-6% annually during this period. The utilisation rate for coal-based power capacity is likely to be high at 65-70% despite additions. Although Asia Pacific power markets are undergoing carbon transition, current thermal generation, including coal, oil and gas, remains the key supplier of power, and this trend will continue for at least the next three years to support increasing power demand in the region, it said.

Alain Passard is a pioneer of plant-powered cuisine. At his Paris restaurant, Arpege, he famously removed meat from the menu in 2001-well before the global trend toward plant-based dining had taken hold. This bold move caused a stir, delighting non-meat eaters and setting a precedent in fine dining. While some protein has since made its way back into select dishes, vegetables and plant-based ingredients remain the undisputed stars of the menu. Arpege's offerings are uniquely adaptable to dietary preferences, a rarity in haute cuisine. The secret lies in the fresh produce sourced daily from Passard's three biodynamic and organic farms just outside Paris. These farms not only supply impeccable ingredients, but also support local wildlife and reduce carbon footprint. Passard's commitment to sustainability ensures that nothing is refrigerated for long periods, preserving the essence of each ingredient.

Subscribe to enjoy similar stories. Arabica coffee prices have hit their highest level since 1977 as concerns grow about tight global supplies. Continuous arabica coffee futures on the ICE rose 2.8% to $3.175 a pound, near the all-time record of $3.356.

Apple’s ambition to enhance user interaction through advanced visual intelligence, following a trend set by Meta’s collaboration with Ray-Ban.The technology company’s latest efforts are rooted in its significant investment in Apple Vision Pro technology. This advanced visual intelligence will serve as the foundation for Apple’s upcoming smart glasses, which are expected to feature cameras, speakers, and microphones.

Subscribe to enjoy similar stories. India-China trade data for 2023 reveals a widening discrepancy, with India's reported imports from China falling significantly short of China's export figures, raising concerns over potential anomalies such as under-invoicing, misclassification, and inconsistent reporting practices.

Marico Ltd. traded 2.68 per cent at Rs 645.45 at 02:01PM (IST) on Wednesday, even as BSE benchmark Sensex 333.4 points to 80337.46. The stock had settled at Rs 628.55 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 719.80 and Rs 486.75, respectively.

Federal Bank Ltd. traded 0.18 per cent at Rs 213.15 at 02:08PM (IST) on Wednesday, even as BSE benchmark Sensex 382.97 points to 80387.03. The scrip had settled at Rs 213.55 in the previous session. The stock quoted a 52-week high price of Rs 214.40 and 52-week low of Rs 139.45, respectively. As per BSE data, total traded volume on the counter till 02:08PM (IST) stood at 151412 shares with a turnover of Rs 3.21 crore.

Subscribe to enjoy similar stories. Internal audit has evolved significantly over the decades as a business process, transitioning from being just a compliance-driven function to a strategic partner focused on managing risks, enhancing governance and improving business efficiency. In recent years, advancements in technology, particularly artificial intelligence (AI), have been crucial in transforming the internal audit (IA) landscape.

Havells India Ltd. 0.36 per cent to Rs 1717.80 in Wednesday's trade. It hit a high of Rs 1720.50 and low of Rs 1694.00 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1737.66, while the 50-DMA was at Rs 1816.95. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Lupin Ltd. 0.66 per cent to Rs 2022.05 in Wednesday's trade as of 11:47AM (IST). The stock hit a high price of Rs 2040.00 and low of Rs 2012.95 during the session.

SRF Ltd. 0.86 per cent to Rs 2251.00 at 10:43AM (IST) in Wednesday's trade. The stock hit a high of Rs 2275.00 and low of Rs 2224.70 so far during the session. The stock had closed at Rs 2231.80 in the previous session. The counter had a total traded volume of 10:43AM shares so far with a turnover of Rs 0.31 crore on BSE. The stock traded at a price-to-earnings multiple of 59.20 and a price-to-book ratio of 6.63.

Cholamandalam Investment & Finance Company Ltd. 1.37 per cent to Rs 1282.05 at 10:47AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 8,643 shares with a turnover of Rs 1.10 crore till 10:47AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 27.96, while the price-to-book value ratio stood at 4.96.

Hyundai Motor India shares rose by nearly 2% to the day's high of Rs 1,926 on the BSE after Morgan Stanley and JPMorgan initiated coverage. JPMorgan and Morgan Stanley have initiated coverage on the automaker with an overweight rating, citing its strong growth potential, strategic positioning in the SUV and electric vehicle (EV) segments, and promising valuation metrics.

The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices

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Findings from the Reboot Race to Equality: UK Financial Services 2024 report revealed UK financial services workers were dissatisfied with how their firms and the wider industry responded to the UK race riots earlier this summer.  Reboot finds 'lack of real progress' in financial services DEI According to the founder of Reboot Noreen Biddle Shah «even more concerning is the growing trend of employees feeling pressured to remain silent on issues of racial and ethnic diversity». «Many fear repercussions if they speak up, with some feeling concerned about their job security should the...

Indian stock market ended lower on Tuesday, breaking its two-day winning streak, weighed down by selling pressure in auto and pharma stocks. The benchmark S&P BSE Sensex shed 105.79 points or 0.13% to settle at 80,004.06, while the broader Nifty 50 index lost 27.40 points or 0.11% to close at 24,194.5 points.

Virtuoso Vice President of Global Public Relations Misty Belles breaks down the holiday travel season, the trends and destinations as well as her outlook for 2025.

demure' has been announced as the 2024 word of the year by Dictionary.com. 'Demure' world went viral over the summer- beating out other contenders like “brainrot,” “brat,” and “weird.” According to Dictionary.com, the term ‘demure’ means to be characterized by shyness and modesty and to be reserved. The term topped the platform’s annual list after its popular use on social media in recent months, sparked by TikToker Jools Lebron’s viral video using the phrase “Very demure, very mindful." ALSO READ: Work 3.5 days a week and lifespan of 100 years a reality soon? JPMorgan CEO Jamie Dimon envisions a future