Nestle net profit up 27% in March quarter

[ MUMBAI: Nestle India posted a 27% year-on-year rise in net profit to Rs 934 crore in the March quarter. Total sales increased by 9.3% y-o-y to Rs 5,254 crore, helped by robust growth across its product portfolio, the company said on Thursday. “I am pleased to share that we have delivered double-digit growth, despite … Read more

ITRI Net Zero Day 2024 Showcases Hydrogen Innovation and Green Financing Solutions

[ TAIPEI, April 25, 2024 /PRNewswire/ — The Industrial Technology Research Institute (ITRI) convened the 2024 ITRI Net Zero Day in Taipei, accelerating industry’s transition to net-zero emissions. The event highlighted key innovations and successful business cases, focusing on the groundbreaking Hydrogen Innovation Hub and the crucial role of green finance. Prestigious enterprises and organizations, such … Read more

Ringgit retreats vs US$ ahead of personal consumption expenditure reading

[ KUALA LUMPUR: The ringgit was lower against the greenback in early trade on Friday despite the continuing downward bias of the US dollar after discouraging gross domestic (GDP) print ahead of the Fed’s release of the inflation gauge for March, tonight. At 9 am, the ringgit eased slightly to 4.7770/7825 against the greenback from … Read more

The Onion Sold Again, This Time To Anonymous Group Named After A Gag On The Site

[ The Onion has been sold, again. G/O Media has the humor brand to four anonymous investors calling themselves “Global Tetrahedron,” name after one of the site’s own gags. G/O chief Jim Spanfeller confirmed the news to staffers Thursday in a memo. The acquiring company “is made up of four digital media veterans with a … Read more

Axis pips Kotak Bank as 3rd most valued private bank

[ MUMBAI: Axis Bank overtook Kotak Mahindra Bank on Thursday to become India’s third most valued private lender after a rout in the latter’s stock. Kotak Bank‘s stock opened deep in the red on Thursday a day after RBI restricted the lender from onboarding customers digitally and issuing credit cards, citing repeated failures to fix … Read more

Autohome Inc. to Hold Annual General Meeting on June 21, 2024

[ BEIJING, April 25, 2024 /PRNewswire/ — Autohome Inc. (NYSE: ATHM; HKEX: 2518) (“Autohome” or the “Company”), the leading online destination for automobile consumers in China, today announced that it will hold its annual general meeting of shareholders (the “AGM”) at 18th Floor Tower B, CEC Plaza, 3 Dan Ling Street, Haidian District, Beijing, The … Read more

Studio Teachers Reach Tentative Deal With Studios

[ The Studio Teachers (IATSE Local 884) have struck a tentative deal with the studios. Local 884 came to a preliminary agreement with the Alliance of Motion Picture and Television Producers on craft-specific issues after a final day of bargaining on Friday, Deadline confirmed. They are the 12th of IATSE’s west coast studio locals to wrap … Read more

Skydance In Pole Position For Paramount; Sony, Apollo In The Wings

[ Skydance and Paramount are deep into hashing out a complicated deal that would see the David Ellison’s studio and its backers take control of the storied film and television company owned by Shari Redstone. The exclusive month-long negotiating period through May 3 is likely to be extended perhaps by a few weeks, Deadline hears, … Read more