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The Economic Times

Finnish politician tapped as EU digital chief to oversee big tech

Finnish Prime Minister Petteri Orpo said Virkkunen's nomination as the executive vice-president for tech sovereignty, security and democracy was perfect for Finland, home to Nokia and Angry Birds maker Rovio, which was acquired by Japan's Sega Sammy Holdings last year.

Mint

Ventive Hospitality’s IPO announcement was timed perfectly. But not for investors.

As tailwinds in the hotel industry are starting to slow down, Ventive’s promoters have found the perfect opportunity to cash out while the exuberance in the stock market is still high, industry experts and analysts told Mint.

Mint

Ambuja Cements share price stays in green even as it faces double blow with customs penalty and CMO arrest

Ambuja Cements, a major player in India's cement industry, is facing a perfect storm of challenges. The company has been hit with a significant customs penalty and its Chief Manufacturing Officer has been arrested on bribery charges.

Hindustan Times

Starbucks CEO Brian Niccol says ‘cliché’ career advice made him successful: ‘You absolutely have to…’

Starbucks CEO Brian Niccol says a cliché’ career advice and a five-word phrase convinced recruiters that he was indeed perfect for becoming CEO of Starbucks

The Economic Times

7 quick banana recipes you can make in under 15 minutes

Try these 7 quick banana recipes, from pancakes to smoothies and muffins. Easy to make in minutes, they’re perfect for breakfast, snacks, or dessert!

The Economic Times

Ganesh Chaturthi: 5 delicious modak recipes to try at home

Discover 5 delightful Modak recipes, from traditional Ukadiche to modern Chocolate Modak, perfect for celebrating Ganesh Chaturthi with flavor and variety.

Business Standard

L'Oreal Paris ropes in actor Alia Bhatt as new global brand ambassador

Leading French cosmetic maker L'Oreal Paris on Tuesday said it has roped in Bollywood actress Alia Bhatt as its new global brand ambassador. With this, Bhatt joins the brand's diverse roster of L'Oreal brand ambassadors like Viola Davis, Jane Fonda, Eva Longoria, Kendall Jenner, Elle Fanning, Camila Cabello, and many others. She will star in the French beauty brand's campaigns, starting in September 2024, said a L'Oreal statement. Bhatt embodies the core values of L'Oreal Paris, representing inclusivity and empowerment, sharing the transformative power of self-belief with women all over the world, it said. L'Oreal Paris Global President Delphine Viguier-Hovasse said: "I admire how Alia uses her global platform and role as a producer to push for inclusivity in the film industry and to shed light on Indian cinema worldwide. "Her commitment to care for people and the planet makes her the perfect ambassador for female talent, entrepreneurship, and for the endless possibilities L'Oreal

Business Line

Exhicon to acquire 76% stake in Perfect-Octave Limited

The company signed a Memorandum of Understanding with POL on August 26, 2024, aiming to enhance its capabilities in live events and corporate video productions

Business Standard

Zydus Life arm inks pact to acquire 50% stake in Sterling Biotech

Zydus LIfesciences said that its wholly owned subsidiary, Zydus Animal Health and Investments has entered into share purchase and share subscription agreement (SPSSA) with Perfect Day to acquire 50% stake in Sterling biotech.

Business Standard

Zydus acquires 50% stake in Sterling Biotech

Zydus Lifesciences through its wholly owned subsidiary, and Perfect Day Inc., a Temasek portfolio company (Perfect Day) have signed an agreement wherein Perfect Day will sell its ~50% shareholding in Sterling Biotech (SBL). Post this transaction, Sterling Biotech will become a 50:50 Joint Venture (JV) with equal representation on the Board.

Business Line

Japanese printer maker Brother aims 35 per cent market share in next 3 years

The company’s cost-saving toner box technology reduces printing costs to 33 paise per page, making it the perfect printing partner

The Economic Times

Brand Storii forays into West Bengal with launch of Storii Devasom Spa & Resort, Kolkata

Speaking on the launch, Ravi Todi, director, South City Group, said the prime location of Storii Kolkata offers the perfect retreat for relaxation and revitalization. "Yet another magnificent development by South City Group. We have chosen ITC Hotels to manage the property given their excellence in hospitality," he added.

The Economic Times

S&P 500 tops 5,500 after ‘near perfect’ economic data

Excluding the volatile food and energy components, the core inflation figure rose by 0.1% month-on-month and 2.6% year-on-year. According to LSEG FedWatch data, the probability of a rate cut in September increased to 68% from 61% prior to the release of the data. Despite the Federal Reserve's projections of only one rate cut this year, traders are maintaining their bets on two cuts, hoping for a continued decline in inflation and considering the economy's vulnerability to historically high interest rates.