Giri world

A strong crowd of more than 2000 people had a great time attending the show 'Main Koi Aisa Geet Gaoon'. Presented by Saregama, it featured Javed Akhtar narrating never-before-heard stories behind some of the classic songs he wrote. This was followed by Meiyang Chang and Jahnvi Shrimankar singing those songs. At the very beginning of the show, the legendary songwriter brought the house as he revealed the funny episode of writing the evergreen song 'Tumko Dekha Toh Yeh Khayal Aaya' from Saath Saath (1982). Javed Akhtar started writing lyrics after Yash Chopra coaxed him to do so for his film Silsila (1981). He said, “A film takes a lot of time to be made. When it releases after 1 ½ years, tab log bolte hai ‘Bahut acche dialogue likhe hai aapne’. Matlab dedh saal lag jaata hai taarif sunne mein! With song lyrics, you write the song, it’ll be recorded in 2 days and the same evening, you’ll get to hear praises! Hence, I started to enjoy writing lyrics. Yeh aasaan bhi hai au

Mumbai recorded the best property sale registrations in 11 years, with total registrations of 127,139 real estate properties in 2023. The total value of stamp duty collected was Rs 10,889 crore, a 10-year high recording and a year-on-year growth of 22%. Residential units constituted 80% of the registered properties. Central and Western suburbs together constituted over 75% of the registrations. There was a 57% increase in high-value property registrations, and properties valued at Rs 1 crore and above were less impacted by increasing prices and policy repo rate. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Jgj1h6K >

India's foreign exchange reserves reached a 21-month high of $620.441 billion in the week ending December 22, 2023, with the Reserve Bank of India adding about $58 billion to its foreign exchange kitty in 2023. The country's foreign currency assets rose to $549.747 billion, while gold reserves declined to $474.74 billion. The decline in forex reserves since October 2021 can be attributed to a rise in imported goods' cost in 2022 and RBI's intervention to defend the rupee against the US dollar's surge. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/OqMa1fb >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cZABdDj >

The Fairmont Empress in Victoria Canada recently unveiled the renovation of its Fairmont Gold Experience, providing guests one of ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/oXkZldL

AI & IP-led digital assurance and digital engineering services provider Cigniti Technologies has set up a new offshore delivery centre (ODC) in Hyderabad as part of its expansion drive. The new 40,000 sq ft facility, which has come up at the International Tech Park in the heart of Hyderabad’s IT hub of Madhapur, will have a capacity to accommodate around 400 techies and will take Cigniti’s total ODC footprint in Hyderabad to around 2.4 lakh sq ft. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/k2KAtp8 >

Bank of Baroda has increased interest rates on short-term deposits by up to 125 basis points (100bps = 1 percentage point). The move comes a day after the country’s largest lender SBI increased rates on some maturities of fixed deposits by 50bps. BoB will now offer 4.25% on fixed deposits from one week to 14 days as against 3% earlier. On deposits from 15 days to 45 days, the interest rate has been hiked by one percentage point to 4.5%. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MfOecTk >

Tata Group chairman N Chandrasekaran has pitched a dedicated AI job role in group companies to harness the “benefits of AI, economically, operationally and socially”. While group companies have been leveraging artificial intelligence to improve productivity and efficiency, to reduce human time and effort, Chandrasekaran’s pitch to appoint “AI champions” comes amid industries across the world making multi-billion dollar investments in AI. Tata Group has partnered with US-based chip maker Nvidia to develop AI solutions to catalyse transformation across its units ranging from manufacturing to consumer businesses. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qIrp9dW >

LIC had a claim settlement ratio of 98.5% as of March 31, 2023, according to data released by the Insurance Regulatory and Development Authority in its annual report. The ratio showed a slight decrease from the 98.7% reported a year earlier. In contrast, private sector counterparts had a claim settlement ratio of about 98% — slightly down from previous year’s 98.1%. Regarding individual life insurance business for the year 2022-23, of the total 10.8 lakh death claims, life insurance companies settled 10.6 lakh — disbursing a total benefit amount of Rs 28,611 crore. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/E4hBc1u >

The RBI has increased the capital requirements for SBI and HDFC Bank under its guidelines for systemically important banks as it sees higher contagion risks. The need for a higher capital buffer comes at a time when the central bank analysed how problems in one bank could affect others in its financial stability report. The report shows that if the most critical bank were to fail, it would now affect 3.6% of all banks’ tier-1 capital, up from 2.2% in March 2023. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TOnNYvK >

The government has asked banks to be prepared for the risk of deepfake clips, where voices are cloned to deceive people. Banks need to include cyber risks in stress tests to assess their vulnerability. This is already being done by banks in Europe and Singapore. Financial services secretary Vivek Joshi emphasized the importance of upgrading tools to protect against emerging threats. He also highlighted the need for a new cycle of private investment. Joshi believes that the rupee will be the least volatile major currency in 2023. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/e1dftb3 >

The Adani family plans to invest Rs 9,350 crore in Adani Green Energy, helping to reduce the company's debt and fund expansion. Total Energies and GQG Partners also own stake in Adani Green. The investment will increase the Adani family's stake to 58.05% from 56.37% through the conversion of convertible warrants. Adani Green aims to repay loans and bonds, invest in renewable projects, and cover ongoing expenses with the funds. The company has a goal of achieving a renewable energy capacity of 45 gigawatts by 2030. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Bry9Yta >

India and Russia have signed important agreements related to the construction of future power generating units at the Kudankulam nuclear power plant in Tamil Nadu during External Affairs Minister S Jaishankar's visit. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/13kUXJT >

The ownership dispute between Baba Kalyani and Sugandha Hiremath in Hikal takes a new turn as Baba loses his board seat in a shareholder vote. He failed to secure the necessary votes needed to continue as Hikal's non-executive, non-independent director due to his age. Sugandha, with a significant stake in Hikal, voted against her brother's continuation as a director. The month-long postal ballot-cum-electronic voting process concluded with about 79% of Hikal shares voted. Hikal is also the center of a legal battle between the siblings. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/WaeRVQB >

China expressed firm backing to Chinese businesses and promises consular protection for arrested Vivo-India executives in India in connection with a money laundering probe. The Chinese government came out in support of Chinese businesses to "safeguard lawful rights and interests". Chinese embassy and consulates in India will provide consular protection and assistance to the individuals concerned. Four arrests have been made in the case, including Vivo-India executives, Lava International's MD, a Chinese national, and chartered accountants. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/J4C25et >

The recent attacks on ships and the decision to use the Black Sea route will impact Indian trade with increased freight rates, container supply problems, and higher costs. A drone attack in the Red Sea by Houthis has prompted major shipping companies to divert vessels, resulting in longer routes and increased charter costs. The challenges in shipping logistics due to attacks on ships may push freight and insurance costs higher. Efforts are needed to diversify trade routes and enhance maritime security cooperation. India should work to decrease reliance on the Bab-el-Mandeb Strait for energy imports. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GQ9KZAI >

Consumers are recognizing the connection between beauty and overall well-being, shifting their focus beyond external appearance. Market research shows that lifestyle factors such as stress, lack of sleep, unhealthy diet, and physical inactivity negatively affect skin health. Indians prioritize getting enough sleep and eating healthily to prevent signs of aging. Brands have the opportunity to tap into the mind-body connection trend, with products that promote holistic wellness. Studies show that sleep deprivation affects facial skin parameters. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3sPSn82 >

As Darr completes 30 years today, Juhi Chawla, who became the biggest national crush as Kiran with the film, reveals the film to be one of the most important films that she has ever done in her career! The Yash Chopra directorial also featured Sunny Deol as the leading man and Shah Rukh Khan as the antagonist with Anupam Kher, Tanvi Azmi, among others playing pivotal roles. Speaking about it, Juhi said, “Darr is one of the highlights of my career. One of the most important films I have done. Before Darr, I worked with Yash Chopra ji in Chandni, and it was just a tiny bit. At that time, I was very new but still he cast me opposite Vinod Khanna ji and I had that little guest appearance. That was the first time I faced the camera with Yash ji directing me, which was just two and half days of work.” She added, “After that I worked in Pam Chopra ji's production which was also a YRF film – Aaina. And I have said this before, Aaina was the first time where I was called to Honey ji’s hou

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/pINCj7H >

The New York Mets, owned by Steve Cohen, have been hit with a record luxury tax bill of nearly $101 million after finishing in fourth place in the NL East. This marks their first time owing tax money. The final amount owed by the Mets would have been slightly higher, but they received a tax credit under a provision in the latest collective bargaining agreement. The total spending on luxury tax payrolls in MLB rose to a record high. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/uEpQV2U >

This article discusses the initiatives by Amazon Web Services (AWS) in government departments in India, as shared by Shalini Kapoor, director and chief technologist of AWS India public sector business, during AWS re:Invent 2023. AWS has supported the Indian government in rolling out CoWin, DigiLocker, and DigiYatra, and is focused on building national digital platforms. They are also working with state governments and organizations to enable e-governance services and support the agriculture sector. CEO Adam Selipsky's announcements at the event can help develop a digital ecosystem in India. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/urmjDo1 >

China's raft of new measures limiting players' spending on video games sent ripples through stock markets globally. Prosus and Naspers slumped in Amsterdam and Johannesburg due to the regulator's draft rules, impacting their holdings in Tencent. The Nasdaq Golden Dragon China Index declined, with NetEase leading losses. Ubisoft and Unity Software also fell. China's gaming regulator published draft rules targeting practices that encourage excessive spending in online games, sparking fears of an industry crackdown. Prosus's sensitivity to factors beyond its control, such as its Tencent stake, is evident in its stock performance. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2helx8j >

The Mumbai Metropolitan Region (MMR at 20%), National Capital Region (NCR at 19%) and Bengaluru (19%) have emerged as India's most searched regions for properties in 2023, according to a report by Magicbricks. Multi-storey apartments remain the top choice (80%) of homebuyers, followed by builder floors. Over 56% of home-seekers preferred 3 BHK and larger units, evidencing a strong preference towards spacious apartments. NRIs looking for properties rose to 9.4% of total demand this year from 6.2% in 2022. MMR (63%) and NCR (34%) led the demand in the luxury segment. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dV3HDsY >

Tata Motors, with over 70% market share in India's electric car market, is set to launch three new green vehicles: the Curvv coupe, electric versions of the Harrier premium off-roader, and the Punch mini SUV. Shailesh Chandra, MD of Tata Motors' passenger vehicles and electric mobility divisions, emphasized that only 'zero emission vehicles' should receive benefits, not hybrids that offer only 'fuel efficiency improvement technologies'. Tata Motors aims to expand aggressively in the electric vehicle sector, with retail sales expected to reach 65,000-70,000 units this year, growing between 60% and 70%. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UjSNFpC >

A paper by the finance ministry's economic division calls for reform in the credit rating process of global agencies like Moody's, Fitch, and Standard & Poor's. The paper highlights the opaqueness and disadvantage faced by developing countries due to the rating methodologies. It criticizes the weighting of foreign ownership of banks and the lack of transparency in selecting experts. The review of the credit rating methodologies of the officials showed that there was considerable reliance on qualitative variables to capture 'willingness to pay'. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/wdbWNrF >

The Centre is set to miss its privatisation target for state-run companies this year due to stalled progress and limited appetite before elections. Roadblocks, including bureaucratic sloth, have hindered the process, affecting big-ticket enterprises like IDBI Bank. Stake sales in state-run banks and an insurance company recommended for privatisation by NITI Aayog have not moved forward. The privatisation of Pawan Hans has been scrapped, and the large public sector policy has not taken off. The disinvestment process is now awaiting the new government for a fresh start. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mIJNjpZ >

Sensex correction due to profit-taking and selling by speculators resulted in a 1,610 point crash from the day's high. Short selling and margin calls led to forced liquidation, contributing to the market slide. Crude oil prices spiked due to attacks on commercial ships in the Red Sea area. The rise in Covid infections and hike in margins for derivatives trades were additional factors. Market capitalisation decreased by Rs 9 lakh crore. Foreign funds sold Rs 1,322 crore while domestic funds bought Rs 4,754 crore. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Rtv2jK6 >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BbDsXrT >

The IMF expects India's economy to grow above 6% over the next five years, driven by strong investment, private consumption, and digitalisation-driven productivity gains. The report commends India's macroeconomic policies and reforms, resulting in a strong and resilient economy. India is on track to be one of the fastest-growing major economies. The IMF calls for continued appropriate policies to sustain economic stability and further progress in key structural reforms. The report also praises RBI's proactive monetary policy actions and commitment to price stability. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kx6YFyH >

States are adopting a 'just in time release' of funds to improve efficiency and reduce borrowing. The Centre's move to rework fund release saved around Rs 10,000 crore last year and is expected to save more this year. However, banks that relied on government cash flow are now affected. The Centre implemented a Treasury Single Account and two other accounts to reduce fragmented banking arrangements. The new system releases funds promptly, tracks transactions in real-time, and improves delivery efficiency. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1q3bFN2 >

Remittances to India are estimated to rise over 11% to $125 billion in 2023, helping it retain the top spot ahead of Mexico and China. Flows to South Asia are estimated to have grown 7.2% in 2023 to reach $189 billion. Remittances from highly skilled Indians in the US, the UK, and Singapore account for 36% of total remittance flows to India. The UAE is the second-largest source of remittances to India after the US, accounting for 18% of the total. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/c5D0e8R >

​Amid demands from European spirits and wine manufacturers to lower tariffs in India under the proposed free trade agreement (FTA), the Confederation of India Alcoholic Beverage Companies (CIABC) has sought better market access for the Indian products into the European Union. The lobby group has pointed to "non-tariff barriers" such as its definition of whisky and brandy to argue for their dismantling. For a product to be classified as "whisky" in the EU, it has to have a maturity period of three years or more, and one year to be categorized as "brandy". from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/J2risjf >

Sri Lankan President Ranil Wickremesinghe defends the IMF program as the only option to address the island nation's economic bankruptcy. He emphasizes the need for tough decisions and debt restructuring to correct past economic wrongs. Wickremesinghe highlights negotiations with India, China, and the Paris Club for debt concessions. He calls for credible alternative plans from critics and warns against misleading statements. The IMF reforms and high cost of living will impact the 2024 election year. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ea5sRfW >

Bollywood actress Janhvi Kapoor must have had many conversations with her sister Khushi Kapoor about this industry and social media attention. Khushi made her debut earlier this month with Zoya Akhtar’s The Archies. Janhvi Kapoor spoke about her sister Khushi Kapoor’s The Archies at recent AajTak Agenda 2023 conclave. Speaking in Hindi and English, she said, “She [Khushi] did such a wonderful job at being honest. When I was talking to her, I told her to be prepared for hate but not to forget herself in the process. I wish someone said this to me. I wish someone told me to try looking at the people that value you, like you because believing the bad is always easier.” She added, “When someone says something bad about you, then believing that person becomes easier. It takes a lot of self-confidence to believe someone who says the right thing. Me and my sister, at times, we question ourselves a lot. I told her 'Don’t lose yourself, don’t be jaded because you’ve been very honest.'

Facebook-owner Meta and China's TikTok restricted a record number of social media posts and accounts in Malaysia in the first six months of 2023, data published by the firms showed, amid a jump in government requests to remove content. Malaysia PM Anwar Ibrahim's administration, which came to power in November 2022 on a reformist platform, has faced accusations of backpedalling on its promises to protect freedom of speech amid increased scrutiny of online content in recent months. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/JVfsAby >

India's ambition to march into `Amrit Kaal’ by 2047 is an important one but the current pace of growth is not enough to get us there as we will still remain a lower middle-income economy by then, former RBI governor Raghuram Rajan said here on Saturday. Speaking at an interactive session organised by Manthan, Rajan mooted a focus on high-value added services instead of manufacturing to productively harness the country’s demographic dividend and propel the country into 'Amrit Kaal' because if India does not grow faster, it would grow older demographically before it gets richer. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/eYRCGKw >

Former RBI governor warns that India will remain a lower middle-income country by 2047 if the growth rate remains at 6% annually without population rise. The country will reach the end of its demographic dividend and face the burden of an aging population. The per capita income will only quadruple to $10,000 if the current growth rate continues. Some southern states are experiencing a decline in fertility rate, leading to a slower population growth. The current pace of growth is insufficient to employ new labor force entrants and make the country richer before it gets older. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NUjdvI9 >

Housed in the original Banco Hispano Americano headquarters building, Four Seasons Hotel Madrid faces the Plaza Canalejas and forms the ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/sAH5QNX

India's trade deficit in November narrowed to $20.6 billion as goods exports and imports fell. Goods exports declined due to a shrinkage in key product categories, including engineering goods, petroleum products, and garments. The fall in imports was driven by oil and coal. Despite the global economic slowdown and high inflation, India's exports numbers are healthy, according to Commerce Secretary Sunil Barthwal. Services exports increased, resulting in a trade surplus and helping narrow the overall trade deficit. However, exports remain weak due to sluggish global demand. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/L2ZwPhD >

Cyber watchdog CERT-In has warned against multiple security-related vulnerabilities in the products and operating systems of Samsung and Apple devices, which could allow hackers to break into them and get access to sensitive information. CERT-In, which periodically issues advisories about weaknesses in digital products, operating systems and softwares, has issued the alert for users so that they could guard against possible hacks, or update the software on the devices to the latest versions. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FLonu7s >

The sensex capped a strong winning week with a 970-point rally on Friday to close above the 71,000-mark for the first time in history. It closed at 71,484 points as software exporters led the rally. The US central bank's announcement late Wednesday that it could start cutting interest rates in 2024 in the world's largest market led to a global rally which continued Friday. In the domestic market, foreign funds remained net buyers with a Rs 9,239-crore net inflow Friday that took the month's tally to about Rs 52,000cr. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/74eU2uR >

CBIC warns field employees about the increasing number of GST-demand notices served on Indian companies due to the deputation of overseas staff. The notices are being issued based on a Supreme Court judgment that held the secondment of employees as a taxable service. However, CBIC cautions against a 'one-size fit all' approach and emphasizes the need for a nuanced examination of each specific arrangement. The tax implications may differ based on the nature of the contract and terms and conditions. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ATlCDFS >

Irdai proposes new rules to protect policyholders' interests by increasing payouts for early policy surrender. Insurers face the dilemma of lower sales or lower profits. Higher payouts can be achieved by cutting commissions, but this may affect sales. Retaining commissions or paying higher can result in profit loss. The regulator aims to curb mis-selling and increase persistency. The proposed rules include a premium threshold for surrender charges and spreading out commissions. This is not the first time the regulator has addressed surrender charges. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Lt5urOv >

The US Federal Reserve is expected to keep interest rates unchanged but signal a gradual shift towards monetary policy easing. Quarterly economic projections will likely include rate cuts by the end of next year. Fed Chief Jerome Powell will emphasize that any rate cuts are contingent on further improvement in inflation. Recent data on producer prices suggests inflation is dropping faster than expected. The Fed meeting will provide views on inflation, unemployment, and GDP in the coming years. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/D8i1WyJ >

Omidyar Network India, backed by eBay founder Pierre Omidyar, announces plans to exit the Indian market by 2024. The firm will stop making new investments and completely transition out of India. The board and leadership team will assess how to manage the portfolio. Omidyar's portfolio in India includes 1MG, Healthkart, Vedantu, WhiteHat Jr, ZestMoney, and Doubtnut. The decision to exit is influenced by the changing economic landscape and the growth of the Indian startup sector. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FZi1vRJ >

Finance minister Nirmala Sitharaman defends government's ban on export of certain products, such as onions, to protect the interest of domestic consumers. She prioritizes balancing the interests of farmers and consumers and highlights the need to remove supply-side constraints and increase purchases during price surges. Sitharaman asserts that the government procures from farmers at adequate prices and emphasizes the increased allocation for agriculture and stepped-up procurement. She also addresses the concerns about pending GST dues of states, stating that some states have not submitted necessary certificates for fund release. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/940ufRz >

Retail inflation in November rose to a three-month high led by surging food prices, while industrial output growth in October soared to a 16-month high, driven by robust manufacturing, electricity, and mining sector expansion. Inflation, measured by the consumer price index (CPI), increased by 5.6% annually in November, surpassing October's 4.9% but slightly lower than November 2022's 5.9%. The food price index rose to 8.7% during the month, with vegetable prices soaring 17.7% and pulses shooting up 20.2%. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YnCQ3wk >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SIPe0CB >

Bank of America promoted 334 employees to managing directors, including 75 investment bankers and 64 trading division employees. The cohort is 8% smaller than the previous year, but over half are women and people of color. Goldman Sachs will promote 608 executives to managing directors next year, fewer than two years ago. Bank of America CEO Brian Moynihan expects the bank to outperform rivals in investment banking fees for Q4. The industry-wide investment banking fee pool is expected to decline by 10% to 15%. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nkTCac0 >

India attracts global consumer brands due to its young population and rising disposable income. Recent entrants include Brioni, Laderach, Nine West, Foot Locker, NARS Cosmetics, Pottery Barn Kids, Maje, and Sandro. Deloitte estimates India to become the third largest consumer market by 2030. Reliance Brands partners with international brands like Pottery Barn Kids, Balenciaga, and Pret A Manger. Bata India, Metro Brands, and Nykaa Fashion are local partners for Nine West, Foot Locker, and NARS Cosmetics respectively. Indian companies benefit from adding international brands to their offerings. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iLAI2ez >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/w9c5E6L >

Ola Electric is set to launch its IPO, making it the first auto maker in India to do so in over two decades. With an expected size of around Rs 8,500 crore, it will be one of the top 15 IPOs in India. Ola Electric is also poised to become the first pure play electric vehicle manufacturer to list on the Indian stock exchanges. The IPO will include fresh equity and offers for sale by existing investors, including Temasek and SoftBank. The funds raised will be used to accelerate the development of an EV manufacturing unit . from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kwhc8I3 >

Novartis plans to divest its Indian eyecare portfolio to JB Chemicals, adding to the list of MNCs reducing exposure to the Indian market. The move aligns with Novartis' strategy to capitalize on ophthalmic therapy while offering JB Chemicals entry into a growing business segment. Global Big Pharma has been divesting branded generics to Indian companies, while Indian players are diversifying from the US generics market. The deal is expected to be announced soon. The demand for eyecare is increasing due to the ageing population and greater access, driven by the use of tablets and mobile devices. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Nn1DQh2 >

Dil Chahta Hai, which continues to be one of the most iconic coming-of-age dramas on friendship and love even after two decades, is also very special for Farhan Akhtar. The multi-faceted artist made his directorial debut with this entertaining venture in the year 2001, and the film was known for some emotional and fun sequences that depicted a strong bond between three best friends. One of them was the sequence where Akshaye Khanna, Aamir Khan, and Saif Ali Khan are seen enjoying the sunset from Chapora Fort in Goa. Now two decades later, Farhan Akhtar recreated a similar sequence on social media. Taking to Instagram, the filmmaker-actor posted a photo of him sitting on the wall of the fort as he enjoyed the sunset and he also reminisced about Dil Chahta Hai in the caption as he wrote, “First time back at Chapora Fort since we filmed Akash, Sid and Sameer talking about life. That was 23 years ago. A lot has changed but the warm, sea-salt infused Goan air remains the same. Some places

Power consumption in India has increased by nearly nine per cent from April to November this fiscal year, indicating a surge in economic activities. The power consumption during this period was 1,099.90 billion units (BU), higher than the 1,010.20 BU recorded in the same period last year. The growth in power consumption is seen as a sign of buoyancy in the economy. The Union Power Minister stated that the power demand has increased by 50.8 per cent in energy terms from 2013-14 to 2022-23, and attributed the increase to the addition of 194 GW of capacity between 2014 to 2023. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/h9C5iaV >

The debate on nepotism, which kick-started years ago on a chat show, continues to be one of the most discussed topics in Bollywood even today. While struggling actors with no filmy background often speak about star kids who are privileged to get an entry into the film industry, the latter has reacted to these comments by adding that they face their own share of struggle in terms of audiences’ expectations and acceptance. Recently, the debate resurfaced when filmmaker Zoya Akhtar launched three star kids, namely Suhana Khan, Agastya Nanda, and Khushi Kapoor in her film The Archies. Zoya Akhtar recently spoke candidly about the nepotism debate wherein she maintained that having a star kid in her film doesn’t affect or change anybody’s life. In an interview with Juggernaut, she said, "I think it (the debate) is about privilege, access, and social capital. I completely understand having anger or frustration at the fact that you do not have the access some people get so easily. That i

US health regulator issues warning letter to Intas Pharmaceuticals CEO and MD Nimish Chudgar for manufacturing lapses and violation of CGMP regulations at the Matoda-Sanand facility in Ahmedabad. The USFDA found various manufacturing lapses and inadequate oversight in the company's Quality Assurance and production departments. Specifically, the investigation revealed manipulation of defect counts on visual inspection records to avoid rejection limits. The company also failed to thoroughly investigate discrepancies and establish written procedures for production controls and prevention of microbiological contamination. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6jLQBWd >

The RBI on Friday raised the GDP growth projection for the current fiscal year to 7% from the earlier 6.5% and kept interest rates on hold for the fifth time in a row, cautioning that rates may remain elevated for an extended period as inflation is nowhere near its target of 4%."Against this unsettled global economic backdrop, the Indian economy presents a picture of resilience and momentum. The real GDP growth for Q2 of the current financial year has exceeded all forecasts. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XhrYBD7 >

While located along one of Bucharest’s biggest boulevards, the five-star Radisson Blu Hotel is, ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/Jg5NFbU

There is no better way to kick off winter than with a trip up north to New Hampshire. Whether you are looking to enjoy that first snowfall of the season in style or seeking a quintessential New England getaway, there’s one White Mountains re ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/tJboZfF

Tesla's Dojo supercomputer project lead Ganesh Venkataramanan has left the company, Bloomberg News reported on Thursday citing people familiar with the matter. Peter Bannon, a former Apple executive and director at Tesla for the last seven years, is now leading the project, the report said. The Dojo supercomputer was designed to process vast amounts of data and video from Tesla cars to train the automaker's autonomous-driving software. The company did not immediately respond to a Reuters request for comment. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AX9D8J6 >