Tag: investment

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Danone North America Announces $65 Million Investment to Support Long-Term Business Growth

Danone North America Announces $65 Million Investment to Support Long-Term Business Growth

Big cash investment aids develop manufacturing capabilities and scale critical U.S. brand names, such as Intercontinental Delight creamers, Silk plant-based mostly creamers and StoK completely ready-to-consume coffee

BROOMFIELD, Colo. and WHITE PLAINS, N.Y., Feb. 22, 2023 /PRNewswire/ — Danone North The us, a top foodstuff and beverage enterprise, right now declared it will devote up to $65 million above the following two several years to build a new bottle production line in Jacksonville, Florida. The investment will support Danone North America’s prolonged-time period advancement strategy and will supply crucial added benefits across the U.S. business enterprise, together with advancing operational excellence, enabling adaptability in bottle structure, accelerating the firm’s sustainability objectives, and driving price tag efficiencies.

“We are delighted to announce this investment decision in our North American small business, which will let us to capitalize on purchaser need in crucial beverage classes including coffee creamers, plant-based creamers, and prepared-to-consume coffee, although also supporting our prolonged-expression development agenda,” mentioned Shane Grant, Group Deputy CEO, CEO Americas. “This financial investment will help us retain our items on our customers’ shelves and give additional American individuals the Danone solutions they really like.”  

This multi-million-greenback expense will enhance manufacturing of numerous of Danone’s espresso and creamer makes in the U.S., which include Worldwide Delight, Silk and SToK. It also serves to meet buyer demand from customers in these groups though supporting the company’s sustainability intention by reducing overall h2o use, lowering carbon emissions and accelerating the firm’s goal of packaging circularity.

The expansion will also develop up to 40 new entire-time work with aggressive wages and rewards. New workforce will be suitable for Danone North America’s parental bonding leave coverage, enabling all production staff members with a single year of tenure to consider up to 18 weeks of paid out time off right after the beginning or adoption of a youngster.

Mike Sloboda, Danone North America’s Chief Functions Officer commented, “We are thrilled to be investing in the folks and economy of Jacksonville, building 40 new positions in addition to supporting our around 110 existing staff members, all with competitive wages and positive aspects. This financial commitment will permit us to greater provide our shoppers and work our small business in an even extra economical and sustainable way.”

“This growth of Danone North The usa goes to present that Jacksonville proceeds to be the location to be,” Jacksonville Mayor Lenny Curry reported. “I want to thank Danone North The usa for recognizing the power and commitment of our community and investing in the Jacksonville campus, our people today, and our location. This $65 million will build work and assist us all function in direction of sustainable and accountable economic advancement.”

“Sophisticated producing is vital to a profitable technique for Northeast Florida and we are thrilled that Danone North The usa will continue being and expand its facility here,” explained Aundra Wallace, president of JAXUSA Partnership. “Our area is regarded around the world for its depth of proficient expertise, decreased functioning charges and organization friendliness – all of which will bear fruit for both Danone and our group at massive.”

Danone North The us is fully commited to bringing health via meals to as quite a few people as feasible by intent-driven, industry-profitable development. As a B Corp™, Danone North The united states leverages its enterprise as a drive for great to construct a additional inclusive and sustainable economy by its family members of models.

About Danone North The us:

Danone North America is a reason-pushed firm and an sector chief in the food items and beverage class. As a Accredited B Corporation®, Danone North America is committed to the development of the two financial and social price, while nurturing natural ecosystems by way of sustainable agriculture. Our potent portfolio of models incorporates: Activia®, DanActive®, Danimals®, Dannon®, evian®, Joyful Family members® Organics, Honest to Goodness®, Horizon® Organic and natural, International Delight®, Gentle + Healthy®, Oikos®, Silk®, So Delightful® Dairy Free, STōK®, Two Good®, Wallaby® Organic and natural and YoCrunch®. With far more than 6,000 workers and 16 output locations throughout the U.S. and Canada, Danone North America’s mission is to carry health by foods to as numerous men and women as possible. For extra facts, stop by www.danonenorthamerica.com/.

Danone North The usa is a Danone subsidiary.

Press Call:

Erin Brooks
Danone North America
[email protected]

Source Danone North America

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WARNER MUSIC GROUP ANNOUNCES PARTNERSHIP WITH, AND INVESTMENT IN LEADING DIGITAL FASHION COMPANY, DRESSX

WARNER MUSIC GROUP ANNOUNCES PARTNERSHIP WITH, AND INVESTMENT IN LEADING DIGITAL FASHION COMPANY, DRESSX

Collaboration Will Enable Admirers to Wear Electronic Style Traces Designed by WMG’s Roster of Artists

NEW YORK, Dec. 15, 2022 /PRNewswire/ — Warner Tunes Group (Nasdaq: WMG) today declared a partnership with and expense in DRESSX, a electronic trend retailer and the greatest digital closet with a deep determination to sustainable manner. The initial-of-its-variety partnership will give a system for select WMG artists to style their have virtual fashion lines.

WMG x DRESSX Banner
WMG x DRESSX Banner

In the arrangement, artists will collaborate directly with DRESSX to structure and start 3D and AR digital garments that followers can collect and get pleasure from across Instagram, Snapchat, and other system partners. The deal will enable artists to unlock new profits streams, although building further retailers for followers to showcase their fandom across many digital worlds.

Oana Ruxandra, Chief Digital Officer & EVP, Enterprise Improvement, WMG claimed, “The illustration of our upcoming electronic selves will be as essential and, if you are measuring by sheer quantity of interactions, maybe extra important than how we stand for ourselves bodily. As our digital identities become exponentially a lot more robust and impactful, we are targeted on setting up partnerships that will allow WMG and our artists. With its leadership in wearables and sustainability, DRESSX is exactly the style of associate we need to have sprinting along with us as we construct for the upcoming.”

“We are very very pleased to associate with Warner Audio Group and their incredible artists to carry on constructing and scaling the DRESSX meta-closet vision for the foreseeable future. Digital style is a visual language for speaking and making bonds on the net, and at DRESSX we use technology to present the utility for electronic wearables making use of augmented actuality, equipment mastering, and blockchain. Electronic merch and swag from musicians will absolutely be a element of the digital wardrobes of supporters, and it is really terrific to see that extra and much more stakeholders feel in this new domain that is previously modifying the fashion field at a scale. Just about every day, we are receiving nearer to our purpose of giving a meta-closet to every human being in the world, creating fashion obtainable to everybody by way of innovation and tech,” commented Daria Shapovalova and Natalia Modenova, co-founders of DRESSX.

Due to the fact the DRESSX launch in August 2020, the business has develop into the most significant system for electronic-only style, with extra than 3,000 digital products out there in the DRESSX library, and released the major AR style app on the industry. DRESSX has partnered with many primary tech, fashion, and way of living corporations, which include Meta, Roblox, Snapchat, Google, Coca-Cola, FARFETCH, and a lot more. The company’s experience in the electronic manner area cements its position amid WMG’s expanding amount of Internet3 collaborations.

DRESSX is fully commited to sustainable style, endorsing the electronic garment market place to give buyers with alternatives to showcase their model digitally. DRESSX fulfills its determination to sustainability by investing in science-based mostly analysis of the carbon footprint of its digital fashions. The corporation has pioneered the advancement of a carbon calculation methodology for electronic vogue and proposing patent, validated by The Carbon Accounting Business. Considering the fact that June 2021, DRESSX has been partnering with Stream Carbon to offset the carbon emission from all of its operational things to do, building the enterprise carbon neutral owing to offsets. To find out a lot more about DRESSX’s technique to sustainability and carbon footprint methodology click in this article.

Access accompanying photographs right here.

About Warner New music Team

With a legacy extending again above 200 many years, Warner Songs Group (WMG) currently delivers collectively artists, songwriters, and business people that are transferring leisure culture across the world. Operating in far more than 70 countries by a community of affiliates and licensees, WMG’s Recorded Music division includes renowned labels these kinds of as 300 Leisure, Asylum, Atlantic, Big Defeat, Canvasback, Elektra, Erato, Initially Night, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin’, Warner Data, Warner Classics, and Warner Audio Nashville. WMG’s songs publishing arm, Warner Chappell Songs, has a catalog of more than 1 million copyrights spanning each and every musical genre, from the requirements of the Great American Songbook to the most significant hits of the 21st century. Warner Music Group is also property to ADA, the unbiased artist and label services organization – as properly as up coming gen artist products and services division WMX, which includes customer brand names these as Songkick, the live new music application EMP, the merchandise e-tailer UPROXX, the youth lifestyle desired destination and HipHopDX, the hip-hop audio news web page. In addition, WMG counts storytelling powerhouse Warner Music Enjoyment and social media content material creator IMGN between its quite a few brand names. Follow WMG on Instagram, Twitter, LinkedIn, and Facebook.

About DRESSX 

DRESSX is a Metacloset of electronic-only outfits, NFT manner objects, and AR looks. A 12 months immediately after its launch, DRESSX turned the world’s greatest electronic vogue shop focusing on Gen Z and Millennials who demand from customers a new purchasing alternative – digital, sustainable, and economical. DRESSX electronic style was highlighted in Vogue Singapore, Vogue Small business, WWD, HighSnobiety, Forbes, Economic Situations and far more superior-profile media, with the addresses for L’Officiel Usa, L’Officiel Paris, L’Officiel Italy, Vogue Czechoslovakia,Vogue Singapore, Haute Dwelling, and a lot more. DRESSX has partnered with several main tech, manner, and life style businesses, which includes Meta, Roblox, Snapchat, Google, Coca-Cola, FARFETCH, and much more. The business was named one particular of the finalists of LVMH Innovation Award 2022 in the category 3D/Digital Merchandise Expertise & Metaverse. DRESSX is a feminine-led, female started metafashion organization. DRESSX major merchandise incorporate: internet site, NFT marketplace, and the DRESSX app. Abide by DRESSX on Instagram, Twitter, and be part of their Discord.

Media Contacts

For WMG
Steph Briffa
[email protected]

For DRESSX
Anastasiia Mala 
[email protected]

Resource Warner New music Team Corp.

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CDK Global to be acquired by investment firm in $8.3 billion deal

CDK Global to be acquired by investment firm in $8.3 billion deal

Upon closing, CDK’s inventory no lengthier will be publicly traded.

“This transaction is an exciting next stage for CDK that provides our shareholders with the two certainty of value and a significant high quality. It also enables CDK to continue on executing our prolonged-expression approach to join our market at every level and develop an open up and collaborative upcoming,” CDK CEO Brian Krzanich stated in a assertion. “In session with our outdoors advisors, CDK’s board of administrators very carefully evaluated a vary of strategic and financial possibilities around various months and identified that this transaction is superior to all other out there solutions.”

Brookfield Organization Companions is a device of global substitute asset administration company Brookfield Asset Management’s non-public fairness group.

“Brookfield recognizes the exceptional benefit our products and solutions deliver to a lot more than 15,000 retail locations in North The us and shares our vision of transforming the potential of automotive retail,” Krzanich mentioned. “We are energized about the option to further more sharpen our concentrate on elevating the dealer and client practical experience when promoting, getting or owning a automobile.”

Brookfield, in a information release, explained CDK is eye-catching for its sector management its recurring, subscription-dependent profits streams the prospective for upside amid consolidation in auto retail and what it reported are “meaningful opportunities” to enhance CDK’s benefit.

“CDK Worldwide is a substantial-excellent and remarkably cash generative technologies services and application business with a foremost marketplace place and powerful fundamentals,” Doug Bayerd, Brookfield Organization Partners’ handling director, claimed in a statement. “We are thrilled to increase our engineering footprint with the acquisition of CDK World-wide, and we glance forward to leveraging our operating capabilities to construct on the company’s monitor report of providing most effective-in-class shopper services and innovation.”

Brookfield claimed it will fund its investment with $3.5 billion in equity, with Brookfield Small business Associates predicted to make investments roughly $500 million and the remainder coming from what it explained are institutional associates.

It’s way too early to convey to regardless of whether CDK likely non-public will end result in an inflow of cash it can use to improve its engineering and solutions, and what the transfer will indicate for dealerships more time time period, stated Matthew Gillrie, operator of the Gillrie Institute, which advises dealerships on DMS deal negotiations.

Gillrie said the hope would be “that they use this to make CDK even better and increase factors, and it just spawns more level of competition.”

In the around expression, he said, dealerships’ current contracts with CDK should not transform. But Gillrie claimed he has viewed an enhance in dealerships signing 3-calendar year DMS contracts, rather than 5-yr specials, even ahead of CDK’s acquisition announcement in element for the reason that dealerships want overall flexibility to react to new marketplace entrants and updated technologies.

CDK’s sale may well lead to “an maximize in an already healthy sector of people today wanting shorter-term contracts,” Gillrie explained.

CDK has expanded further than its core DMS enterprise, which had 9,181 automotive purchaser sites as of Dec. 31, into other dealership program products. In June, CDK obtained digital retailing service provider Roadster for $360 million. Also last year, CDK obtained Salty Dot Inc., an insurance plan engineering corporation that permits consumers to acquire auto insurance policies at the exact time they obtain a automobile.

The organization also has divested business units to aim on its core North American software program current market. In April 2020, CDK accomplished the sale of its digital marketing small business, which incorporated dealership internet websites, to Ansira Companions Inc., a marketing and advertising agency owned by personal fairness traders. And in March 2021, CDK offered its intercontinental business to private equity organization Francisco Companions for $1.45 billion.

CDK’s leadership group has carried out a superior occupation investing in progress, which includes by means of its current acquisitions, but that investment also influenced progress of the company’s altered EBITDA, stated Gary Prestopino, taking care of director at Barrington Analysis, who follows CDK.

“When you are a general public firm, you have received to satisfy shareholders with development of earnings constantly, and there is constantly suits and commences when you are in an investing advancement manner,” Prestopino reported.

“This is the ideal attainable result, I assume, for the government staff of CDK in terms of getting it out of the general public eye, staying equipped to make this thing more than the next couple years without having obtaining to be concerned about conference quarterly financial commitment expectations,” he mentioned. “And in a pair of several years, they may have it where they need it to be, and they may acquire it community again or it might be a non-public fairness trade.”

CDK explained Morgan Stanley & Co. is its economic adviser and Paul, Weiss, Rifkind, Wharton & Garrison is its legal adviser. Davis Polk & Wardwell is legal adviser to Brookfield Company Associates.

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News Updates: Today’s India is one of the most open countries; open to learning, perspectives, innovation, investment, says PM Modi to gathering at Dubai Expo

India is a powerhouse of talent. Our country is making many advances in the world of technology, research, and innovation. Our economic growth is powered by a combination of legacy industries and startups: PM Narendra Modi at the launch of India Pavilion at Dubai Expo 2020

!1 New UpdateClick here for latest updates

Wrap Up: All you need to know

  • Punjab Kings beat Kolkata Knight Riders by five wickets in Indian Premier League
  • Goods and Services Tax (GST) collection in September at over Rs 1.17 lakh crore: Finance Ministry
  • Uttar Pradesh government recommends CBI probe into death of Kanpur businessman Manish Gupta
  • Delhi records zero COVID-19 fatality, 32 fresh cases; positivity rate 0.05 pc: Authorities
  • India decides to impose reciprocal action on British nationals arriving in India from the UK
  • DU announces first cut-off list for UG admissions, 100 pc marks required by at least 6 colleges
  • Income tax refunds of Rs 80,086 crore issued to taxpayers during this fiscal: CBDT
  • Security forces arrest Lashkar-e-Taiba militant in Pulwama district of Jammu and Kashmir

Calcutta High Court puts stay at proceedings against BJP’s Amit Malviya till 4 weeks after puja vacation, in FIR filed against him over a tweet relating to Kolkata Police deployment that allegedly intended to “create unrest among different group of officers”

Uttar Pradesh government recommends CBI probe into death of Kanpur businessman Manish Gupta: Official

Assam reports 303 new COVID cases, 356 recoveries and three deaths today

UP Govt started procurement of paddy in the western UP today, which will commence on November 1 in the eastern UP: State Govt

Delhi: South Korea’s Ambassador to India, Chang Jae-Bok inaugurated ‘Korea Fair in India’ at Select CityWalk mall in Saket, earlier today

Biden, Democrats back at it, scaling back $3.5 trillion plan

Democrats were back at it Friday, doggedly determined to rescue a scaled-back version of President Joe Biden’s USD3.5 trillion government overhaul and salvage a related public works bill after a long night of frantic negotiations resulted in no deal.

House Speaker Nancy Pelosi met privately with the party’s lawmakers for a morning session to assess the path forward. She had earlier vowed there would be a “vote today” on the companion USD1 trillion infrastructure bill that is popular but has become snared in the broader debate. But the situation was highly uncertain, and no schedule was set.

Holdout Democratic Sen. Joe Manchin of West Virginia sank hopes for a compromise late Thursday, despite hours of shuttle diplomacy with White House aides on Capitol Hill, when he refused to budge on his demands for a smaller overall package, around USD1.5 trillion.

Aurobindo Pharma Managing Director N Govindarajan resigns

“His resignation was considered and accepted by the board of directors in its meeting today. N Govindarajan will be relieved from the services of the company effective from the close of business on December 31, 2021,” Aurobindo Pharma said in a regulatory filing.

Haryana Police uses water cannons to disperse farmers in Jhajjar, Ambala

The Haryana Police used water cannons on Friday to disperse farmers who had gathered in Jhajjar and Ambala to oppose events of BJP and JJP leaders.

We are continuing to engage with Govt of India on technical cooperation to expand UK recognition of vaccine certification to people vaccinated by a relevant public health body in India

– Spokesperson of British High Commission in India

US: Helicopter and plane collide midair in Arizona; 2 killed

A helicopter crashed and burned, killing both of its occupants, after the copter collided in midair over suburban Phoenix with a single-engine plane that landed safely at an airport, authorities said.

Exports jump over 21 pc to USD 33.44 bln in September

From launching world’s most cost-effective space mission to producing world’s first DNA-based vaccine, India is voicing its capabilities to the world. Riding high on reforms across all sectors, India is emerging as a global economic hub

– Union Minister Piyush Goyal at Dubai Expo

5 Indian Navy mountaineers go missing after avalanche hits Uttarakhand

India is a powerhouse of talent; our economic growth is powered by combination of legacy industries and start-ups

– PM Modi

Over the last seven years, the Government of India has undertaken several reforms to boost economic growth. We will keep doing more to continue this trend

– PM Modi at the launch of India Pavilion at Dubai Expo 2020

Today’s India is one of the most open countries in the world. Open to learning, open to perspectives, open to innovation, open to investment – that is why I invite you and invest in our nation

– PM Modi

India is participating with one of the largest pavillion in this Expo. I am sure that this Expo will go a long way in further building our deep and historical relations with UAE and Dubai

– PM Narendra Modi at the launch of the India Pavilion at Dubai Expo 2020

Union Commerce and Industry Minister Piyush Goyal inaugurates India Pavilion at Dubai Expo 2020 in United Arab Emirates

Civil Aviation Minister Jyotiraditya Scindia virtually flags off IndiGo’s Agra-Lucknow flight under Centre’s regional connectivity scheme UDAN: Official statement

Actress Kangana Ranaut meets CM Yogi Adityanath at his official residence in Lucknow

India’s COVID-19 vaccination coverage has crossed 89.67 crores today

More than 62 lakh vaccine doses have been administered till 7 pm today: Union Health Ministry

Terrorists Saqiq Manzoor, Basit Kamran, Rameez & Bashir Dar were involved in the killing of inspector Parvez. Saqib & Rameez were killed in Srinagar & Sopore encounters recently. Dar has been arrested today who confessed this crime

– Kashmir IG Vijay Kumar

Jharkhand CM Hemant Soren calls on common people to generate solar power in their backyards and promises subsidy for setting up plants for which new scheme will be launched

Chacha Chaudhary has been declared as the mascot of the Namami Gange programme: Ministry of Jal Shakti

Tamil Nadu Chief Wildlife Warden Shekhar Kumar Niraj issues order to hunt the tiger responsible for human deaths in Udhagamandalam

Tamil Nadu reports 1,597 new COVID-19 cases, 1,623 recoveries and 25 deaths in the last 24 hours

  • Total cases: 26,65,386
  • Total recoveries: 26,12,684
  • Death toll: 35,603
  • Active cases: 17,099

Western Railway is installing 2,729 cameras following Integrated Surveillance System (ISS) with 4K technology in all of its 30 stations of Mumbai local train network from Virar to Churchgate

– Sumit Thakur, CPRO, Western Railway

Karnataka reports 589 new COVID cases, 887 recoveries, and 13 deaths today

Three injured have been shifted to hospital. We’re conducting the rescue operation in search of anyone stuck under the debris: Jasjit Kair, DM Shamli on explosion at an illegal cracker factory in Kairana

BJP has appointed Ashwini Vaishnaw as party in-charge of upcoming by-polls in Dadra and Nagar Haveli

Ganpatsinh Vasava and Piyush Desai have been appointed as Deputy in-charge for the by-polls.

Uttar Pradesh’s first air pollution control tower is set to come up along DND Expressway in Noida: Officials

The tussle in the party is not as much as it is being portrayed. The high command will take decision according to the current situation, no new situation has emerged

– TS Singh Deo, Chhattisgarh Health Minister on speculations of leadership change in the state

President Ram Nath Kovind greets citizens on eve of Gandhi Jayanti and asks people to take pledge to strive for making India country of his dreams

Rajya Sabha Chairman M. Venkaiah Naidu today distributed cheques of Rs 3.50 lakhs to the kin of each of the six officials and staff of the Secretariat who died of COVID19 during April-May this year

Delhi records zero COVID-19 fatality, 32 fresh cases; positivity rate 0.05 pc: Authorities

Kerala reports 13,834 new Covid cases, 95 deaths and 13,767 recoveries today

Andhra Pradesh reports 809 new COVID19 cases, 1,160 recoveries and 10 deaths in the last 24 hours

Mumbai court asks former Maharashtra Home Minister Anil Deshmukh to appear before it on November 16, on a complaint of the ED stating that despite multiple notices, Deshmukh didn’t appear before the agency for questioning in a case against him

India has decided to impose reciprocity on UK nationals arriving in India from the UK. New regulations will come into effect from October 4, and will be applicable to all UK nationals arriving from the UK: Sources

Reports ANI

UK nationals arriving in India from the UK will have to undergo mandatory quarantine at home or in the destination address for 10 days after the arrival: Sources

Although it was a courtesy call, I’ve shared 3 issues with him. Firstly, procurement season usually begins in Punjab on 1st Oct but this year Centre has decided to begin it on 10th Oct. I’ve requested him to start procurement now

– Punjab CM Charanjit Singh Channi after meeting PM

I also requested to the PM that the Kartarpur Corridor, which was closed due to COVID-19 pandemic, should be reopened at the earliest

– Punjab CM Charanjit Singh Channi after meeting PM Narendra Modi in Delhi

I asked the PM to resolve the matter of farmers’ protest and resume dialogue with the protesting farmers. I demanded that the three laws should be withdrawn

– Punjab CM Charanjit Singh Channi after meeting PM Modi in Delhi

Odisha Minister for School & Mass Education, Samir Ranjan Dash writes to his Jharkhand counterpart Jagarnath Mahto over the exclusion of Odia language from the curriculum of primary teacher’s training course in Jharkhand

If the party didn’t intend to humiliate me then why was Navjot Singh Sidhu allowed to openly criticise & attack me on social media & other public platforms for months? Why did the party give the rebels,led by Sidhu, a free hand in undermining my authority?

– Captain Amarinder Singh

Central team to visit Mizoram soon amid rising Covid cases: Official

Punjab Chief Minister Charanjit Singh Channi meets Prime Minister Narendra Modi

Capt Amarinder Singh rejects Harish Rawat’s outrageous claims, says Cong clearly on back foot in Punjab now

Taking strong exception to Harish Rawat’s no-holds barred attack against him, former Chief Minister Captain Amarinder Singh on Friday rejected the Congress Punjab in-charge’s outrageous claims and allegations, which he said were clearly prompted by the pathetic situation the party now found itself in the state after being on a winning spree for four and a half years.

Delhi University’s JMC, Hansraj College set 100 pc cut-offs for some courses

Centre got over 65.25 crore Covishield doses from Serum Institute of India & 9.1 crore doses of Covaxin from Bharat Biotech till September 19, according to official documents

Delhi: Punjab Chief Minister Charanjit Singh Channi arrives at 7 Lok Kalyan Marg (LKM) to meet PM Narendra Modi

Australia to lift 18-month COVID-19 travel ban next month

Australia has outlined plans to lift a pandemic ban on its vaccinated citizens travelling overseas from November. But no date has yet been set for welcoming international tourists back.

Rupee rises 11 paise to close at 74.12 (provisional) against US dollar

Sensex slumps 360.78 pts to end at 58,765.58; Nifty tumbles 86.10 pts to 17,532.05

Income tax refunds of Rs 80,086 crore issued to taxpayers during this fiscal: CBDT

There was a general perception throughout Punjab that Captain & the Badals are helping each other, & they’ve a secret understanding… Many prominent ministers came to Delhi with complaint that with Captain at the helm of affairs, Congress can’t win the elections

– Harish Rawat

Cyclonic storm ‘Shaheen’ over central parts of north Arabian Sea moved nearly westwards and lay centered at 11:30 am today, 450 km east-southeast of Chabahar Port (Iran). It is likely to further intensify into a severe cyclonic storm during the next 6 hours: IMD

Today, at about 1230 hours, one POK national crossed LoC and was apprehended by Indian Army troops along Mendhar River in Balnoi area, District Poonch, J&K: PRO Defence, Jammu

The school students will be required to carry a consent form from their parents, only 20-25 students will be allowed to sit in a class, use of a face mask and hand sanitizer is important

– Mumbai mayor Kishori Pednekar on reopening of schools for classes 8 to 12 from October 4