Santrupt Misra, a Biju Janata Dal (BJD) candidate and former HR head of Aditya Birla Group filed his nomination papers from the Cuttack Lok Sabha Seat for the 2024 Lok Sabha elections. His affidavit shows that Mistra has investments in 59 mutual fund schemes. The former HR head of Aditya Birla Group has investments in … Read more
Boohoo has cut more than 1,000 jobs and dived into debt after its losses soared and sales slumped 13% amid heavy competition from the Chinese online seller Shein and the revival of the high street after the pandemic lockdowns. The online fashion specialist, which owns Debenhams, Warehouse, Dorothy Perkins and Pretty Little Thing, said it … Read more
Toyota reported record annual net profit of more than $30 billion on Wednesday but the world’s largest automaker by sales warned that the current year would be less spectacular. Helped by a weak yen and strong hybrid vehicle sales, the Japanese giant’s bottom line doubled to 4.94 trillion yen ($31.9 billion) in the year to … Read more
Amid the cacophony of post-election analysis over the weekend, one item struck me as especially bleak for Rishi Sunak. It wasn’t the byelection defeat or the seismic swing away from the Tories. It wasn’t even in a news programme. It was an advert. “Britain hasn’t been so great of late,” says a pastiche scientist. “Economical, … Read more
Shares of Pharma major, Dr Reddy Laboratories fell 5.2% in Wednesday’s session on BSE to hit the day’s low of Rs 5,952.10 as the brokerages were not impressed even after the company reported a 36% year-on-year (YoY) jump in quarterly net profit. The company said that the jump in YoY net profit was largely driven … Read more
Key events ASLEF members are on strike today at Avanti West Coast, Chiltern Railways, CrossCountry, East Midlands Railway, Great Western Railway and West Midlands Trains. Solidarity to all those seeking a fair deal at work.#ASLEFStrike pic.twitter.com/qLYxySVDlp — ASLEF (@ASLEFunion) May 8, 2024 During a week of rail strikes, in nearly 2 years of this industrial … Read more
The Taliban defence ministry on Wednesday rejected Pakistan’s allegations that Afghans were involved in an attack on Chinese engineers, as ties between the neighbouring nations sour amidst rising insecurity. Pakistan’s military had said at a press conference on Tuesday that a suicide bomb attack in March in Pakistan’s northern Khyber Pakhtunkhwa province, that killed five … Read more
Sunday day-trippers to Venice flashing their €5 entry ticket QR code to get through the turnstiles at the city’s main access points look bemused when football supporters simply show their match tickets instead. Attending a sporting event just happens to be one of the exemptions in the opaque regulations behind what locals see as an … Read more
The price movement for Aurobindo Pharma has been in a broad range since November 2023 wherein the stock has taken support near Rs 985 levels a few times while on the upside, it shows a resistance near its all-time high level of Rs 1,177. Post 19th March, the stock has been in a broader uptrend … Read more
Miatta Fahnbulleh has been talking about economic transformation for as long as she can remember. After she and her family fled civil war in Liberia as a child, the main topics of conversation around the breakfast table in London were politics and economics. “When other people were talking about EastEnders, we were on about changing … Read more
