NORTH AMERICA
'Kalki 2898 AD' box office: Prabhas' movie surpasses 'RRR' and 'Salaar,' sets new North America record
'Kalki 2898 AD', directed by Nag Ashwin and starring Prabhas, Deepika Padukone, Amitabh Bachchan, and Kamal Haasan, has broken box office records previously held by 'RRR' and 'Salaar.' The film set a new benchmark by grossing $3.5 million from its North American premiere, despite being released on fewer screens. It also achieved the highest opening day advance booking in Hyderabad, collecting Rs 15.84 crore.
KKR seeks $20 billion for new North America buyout fund
KKR is seeking about $20 billion from investors for its latest flagship North America private equity fund, according to people familiar with the matter, three years after it launched its predecessor fund of similar size.
‘Kalki 2898 AD’ on a rampage! Prabhas’s movie crosses $2.6 mn in advanced booking in the US
Nag Ashwin’s epic sci-fi fantasy 'Kalki 2898 AD' is poised to become a global sensation! Advance ticket bookings for the film, starring Prabhas and Deepika Padukone, have been extraordinary. According to Prathyangira Cinemas, the distributor for North America, the film has sold over 77,000 tickets, generating an impressive $2.6 million in advance sales.
HCLTech to set up two offices in North America
HCLTech announced setting up two new offices in North America with delivery centers, focusing on encouraging employees to return to the office. The offices will feature HCLTech’s Customer Experience Center (CEC) showcasing AI and Cloud Native Labs. Other key locations in North America include Dallas, Seattle, Raleigh-Durham, Toronto, and Vancouver.
Is climate change leading to frequent and high intensity heat waves in North America?
A study by a group of scientists have found that climate change caused by anthropogenic factors has caused an increase in the number of high intensity heat waves in North America. This serves as an early warning for all the stakeholders to tackle the issue of increased emissions.
Lupin enters CDMO business, names Abdelaziz Toumi as CEO of new subsidiary
Lupin, a pharmaceutical company, has launched a new subsidiary named Lupin Manufacturing Solutions (LMS) to enter the Contract Development and Manufacturing Organization (CDMO) business. Abdelaziz Toumi (Abdel), with extensive experience in biotech, pharma, and CDMO sectors across multiple continents, has been appointed as the CEO of LMS.
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Tech Mahindra arm Comviva strengthens leadership in Europe, North America
Tech Mahindra said in a statement, "The new leaders will aim to support Comviva's strategic vision based on the new market expansion and deep client relationship." To enhance its focus on growth, the digital solutions provider has divided Europe into two sub-regions. Salah Rich, head of Europe 1 subregion, will lead the markets of Italy, Russia and France.
Ice Spice set to drop debut album 'Y2K' in July: Tour dates and collabs revealed
Bronx rapper Ice Spice is gearing up for the release of her highly anticipated debut album "Y2K" on July 26. Produced by RIOTUSA, who also collaborated on her acclaimed EP "Like...?", the album features her recent hit "Gimme A Light," sampling Sean Paul's "Gimme the Light." Ice Spice will tour extensively, starting with European festivals in July and headlining in North America, including a show at Washington, D.C.'s The Anthem.
Old planes, lack of engineering capacity test Tata’s mettle to turnaround Air India
Customers flying on Air India flights to North America and Europe have been raising issues about frequent delays, broken seats or non-functional in-flight entertainment screens as the Tata group struggles to revamp the airline's fleet, some of which are 15 years old. The original aircraft for the delayed flight to San Francisco, had developed a technical snag. So, the airline had to tow a Boeing 777 which was parked under hot sun in Delhi’s 49 degree temperature. Air conditioning system in plane work.
Climate tech firm LogicLadder raises $2.5 million in funding from Big Capital, Rainmatter
Sustainability and climate management solutions provider LogicLadder will use the capital to expand in South Asia and North America. The company also expects allocate a maximum of this funding to new product augmentations and capacity expansion, cofounder and CEO Mayank Chauhan told us.
Why is US experiencing a dengue outbreak? Is climate change to be blamed? Details here
The US and other countries in the region are experiencing an outbreak of dengue. This has largely been attributed to climate change and it is only expected to increase in the coming years.
America's Got Talent Season 19: Release date, Schedule, teaser and judges
America's Got Talent to make its return for its 19th installment. With thrilling acts and plenty of golden buzzers in store, the upcoming season is poised to enthrall audiences nationwide.
Dr Reddy's, Cipla, Sun Pharma & others to see FY25 revenue boost in key US market, says India Ratings and Research
Indian drugmakers, such as Dr Reddy's, Cipla, and Sun Pharma, are projected to maintain revenue growth in fiscal 2025, driven by drug shortages in the U.S. market. With 233 drugs in short supply, Indian companies are poised to benefit from the challenges faced by U.S.-based generic pharma manufacturers, leading to improved financial performance and increased market share in therapeutic categories.
Hurricane tracker 2024: Four to seven Category 3 predicted hurricane storms to strike America. Check detailed forecast
Hurricane season 2024 will be active from June 1 and may bring eight to 13 hurricanes in this year.
Glenmark Pharma Q4 Results: Net loss widens to Rs 121 crore YoY
Glenmark Pharma Q4 Results: The rise in loss was on account of declining sales in the US and exceptional items. It had reported a net loss of Rs 34.5 crore in the corresponding quarter of the previous year. In FY24, Glenmark's consolidated revenue reached Rs. 11,813 crore, a 2% increase year-over-year. The company's EBITDA margin for the fiscal year was 10.1%, primarily due to a one-time impact on sales in the India business during the third quarter.
'Star Trek 3: The Search for Spock': Where can you watch it on its 40th anniversary?
The 40th anniversary of the movie will see a UK theatrical release. Fans are excited to relive the magic of the 1984 hit movie.
Maximizing Tax Benefits: A guide to claiming foreign tax credits in India
The Foreign Tax Credit (FTC) alleviates double taxation on income earned in one country, crucial in today's globalized world. Tax Treaties distribute taxing rights between source and residence countries, aiming to prevent double taxation. Navigating FTC complexities requires careful planning, documentation, and awareness of key challenges and strategies.
Toyota repeatedly halted Mexico plant after suppliers hit by worker shortage, sources say
Toyota Motor faced production halts at Mexico plant due to labour shortages and supply chain disruptions, affecting Tacoma pick-up truck output. North American plants experienced delays due to supplier issues. Challenges with parts makers, electric vehicle delays, safety scandals, governance issues, and financial performance impacted Toyota amidst economic growth and personnel shortages.
'Kingdom of the Planet of Apes' records third highest opening of year. Know in detail
Wes Ball's 'Kingdom of the Planet of Apes' has dominated the opening week at the box office after grossing $56.5 million across North America. This was exactly what was needed to give theatres here a push during an uncertain season.
Tesla's EV charging team layoffs threaten to slow Biden's program to electrify highways
Elon Musk's Tesla charging team changes jeopardize fast-charging station deployment, influencing Biden's U.S. highway electrification. NEVI program, with $5 billion funding, encounters delays. Various key players like EVgo and ChargePoint brace for potential opportunities amidst Tesla's alterations.
Wipro Infra Engineering’s hydraulics business acquires Canadian firm
Wipro Hydraulics acquires Mailhot Industries, expanding into new markets and strengthening its global presence. The acquisition enhances capabilities in various segments and positions the company for better customer service and leadership in the industry.
Alembic Pharma Q4 Results: Posts higher profit on strong N.America sales
Alembic Pharma Q4 Results: Indian generic drugmaker Alembic Pharma reported a 17% rise in fourth-quarter profit on Thursday, driven by strong sales, especially in the key North American market.
Japan's Mitsubishi Motors told to pay dollar 1 billion over US car crash
The plaintiff blamed a defective seatbelt design in her husband Francis Amagasu's 1992 Mitsubishi 3000GT that left him with severe injuries after the crash in Pennsylvania. Amagasu lost control of his car while overtaking and as the vehicle rolled over the seatbelt failed to constrain him properly, according to US media reports.
Amazon unveils first electric seaport trucks amid push to slash tailpipe emissions
The e-commerce giant already has eight of those semi trucks in use at the Los Angeles/Long Beach port complex, where every so-called drayage truck must be zero-emissions by 2035.
Dr Reddy's Labs Q4 Results: PAT jumps 36% YoY to Rs 1,307 crore; firm declares dividend of Rs 40/share
Dr Reddy's Labs Q4 Results: The revenue from operations rose 12% YoY to Rs 7,083 crore while they dipped 2% quarter-on-quarter (QoQ). The revenue missed ET Now poll estimate of Rs 7,237 crore.
Canarys expands global presence with strategic acquisition in North America
Canarys Automation Limited expands globally by acquiring a North American software services company, enhancing its digital innovation and service delivery standards. The company's strategic moves reflect a commitment to growth and excellence in digital transformation.
IT companies log strong revenue growth outside key North America market
Top IT services firms experience revenue growth in Europe, MEA, and APAC, outpacing North America. US clients are cautious about spending due to inflation. India and MEA witness investments in technology, driving demand for innovative solutions.
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