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Birmingham Games helps highlight global threat

Athletes from across Commonwealth shine light on startling threat of climate change.




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Kings Heath BID appoints local agency

PR group appointed to boost suburb's profile.





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Kings Heath BID raises funds for local charity

Ball helps community group.




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You’d be barking to miss Police Dog Hogan in Kings Heath

Here at last to satisfy the clamour of their Brummie fans, come Police Dog Hogan.




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Walmley sets sights on Gleneagles glory

Sutton golfers aiming for final appearance.




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Operation Black Vote: Unveiling Birmingham’s next generation of civic leaders

Operation Black Vote unveiled Birmingham’s new generation of civic leaders at a media launch of their Civic Leadership Programme last week.





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Sustainable Beauty & Fashion Brands, Shops That Birmingham Residents Can Support

Shopping ethically in the city.





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Plans announced for ground-breaking theatrical partnership

West Midlands announce intention to be National Centre for Musical Theatre.




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The New Real: “brilliantly constructed”

Jessica Harris enjoys a political drama at The Other Place.







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Urgent plea to Muslims over vaccine

Birmingham doctor makes call to stamp out vaccine hesitancy during Ramadan.




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Chinese 'headache' for Zara, H&M and Amazon in trouble

Chinese online retail giant, Temu, faces a European Union investigation for potential violations of the Digital Services Act, including consumer protection and data privacy concerns. The company risks significant fines if found in breach. Shein and Temu, Chinese e-commerce giants, have challenged Amazon in the US and Zara and H&M in Europe with low prices and fast turnover.




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Shreyas Srinivasan, Paytm CPO and founder of Insider.in, bids farewell to the unicorn; shares heartfelt message

Shreyas Srinivasan, Paytm's Chief Product Officer, has announced his departure from the company after more than ten years. His exit comes after Paytm sold its ticketing platform, Insider.in, to Zomato. Srinivasan played a key role in Insider.in's growth, from its inception to its merger with Paytm.




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ED searches sellers using Amazon, Flipkart platforms in FEMA probe

The action is related to the financial transactions being done by some of the "preferred" vendors and sellers who do business through Amazon and Flipkart like e-commerce platforms.




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Swiggy hires two more Flipkart execs to boost its senior leadership

In August, Flipkart senior vice president of category and marketplace Amitesh Jha joined Swiggy as the chief executive of Instamart, while Dhruvish Thakkar, a senior director at Flipkart Epharma, moved to Swiggy the following month as assistant vice-president of Dineout – its dining out vertical.




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Dealshare FY24 revenue falls 75% post restructuring, loss narrows to a third

While revenue fell sharply, it managed to reduce loss to a third at Rs 167 crore compared with Rs 503 crore the year before, according to the company’s financials. Dealshare’s revenue from the sale of traded goods decreased by 74.7% to Rs 495.8 crore in FY24, while its marketing services income contracted 44.3% to Rs 3.3 crore.




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Indian luxury beauty market to reach $1.6 billion by 2028: Report

According to a report by Kearney and LUXASIA, India's luxury beauty market is projected to grow to USD 1.6 billion by 2028 and USD 4.0 billion by 2035. This growth is fueled by economic development and an expanding middle class. Brands need to tailor their strategies for region-specific preferences to succeed. Early market entry and expert support are crucial to navigate complexities, the report said.




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Two Republicans who voted to impeach Trump after Jan. 6 return to the House




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A look at the candidates vying to be the next Senate majority leader




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India’s consumer spending on goods to grow 7 pc in next 5 years

The sheer scale of sales opportunity in the Indian market has also provided “in-market, for-market” justifications for investments in manufacturing in the country, according to a latest forecast by S&P Global Market Intelligence.




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Prices up, but wedding season boosts demand for kirana items

Indore's Siyaganj market is experiencing a surge in demand for groceries ahead of the wedding season, despite significant price increases in edible oils, pulses, and grains. Traders anticipate an 8-10% rise in business compared to the previous year, driven by bulk orders from caterers and increased individual purchases.




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Retail space leasing in malls, main high streets falls 1 pc to 1.63 mn sq ft during Jul-Sep: Report

Retail leasing in India's top eight cities dipped slightly in the third quarter of 2024, driven by strong demand on main streets and limited mall supply. While overall leasing edged down 1%, main streets accounted for 68% of activity, pushing rental rates up in several cities.




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BlueGreen eyeing $75 million fund for early-stage companies

The fund will back startups in the early stage and pick stakes in pre-IPO companies through secondary transactions. It will focus on sectors such as climate and sustainability, fintech and consumer businesses.




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2024 festive season sees highest gig workers demand driven by logistics, retail sectors: Report

India witnessed a surge in gig employment opportunities during the 2024 festive season, with over 1.2 million roles posted. This growth, a 23% increase from the previous year, was fueled by e-commerce expansion and a shift towards flexible work arrangements. Tier II cities are emerging as new gig hubs, while higher pay is attracting skilled professionals.




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Wonderchef eyeing Rs 350 crore in sales this festive season

The brand is expecting at least a 30 per cent increase in corporate gift sales during the festive season, with a growing number of corporate clients opting for bulk purchases.




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IKEA sales fall 5% after price cuts amid weak housing market

Inter IKEA reported a 5.3% drop in annual sales, partly due to price cuts with lower raw material costs. As inflation impacts spending, more people are expected to host at home this holiday season. More price reductions are planned for 2025 by Inter IKEA starting from September 1st.




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Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue

Rentomojo reported a 60% rise in operating revenue to Rs 193 crore in FY24. Controlled rise in expenses during the year saw net profit surge more than threefold to Rs 22 crore last fiscal from Rs 6 crore in FY23.




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Borosil Group aims to cross Rs 7,000-cr revenue in next 4 years

Borosil plans to invest Rs 250 crore for expansion and capacity augmentation to meet the demand, in which it intends to invest about Rs 150 crore on a new plant in Gujarat for Borosil Ltd, which is in the business of products such as glassware and cookware, said Kheruka. Besides, at its Jaipur unit, where Borosil has already invested Rs 450 crore to expand the production capacity, it has plans to invest Rs 100 crore for debottlenecking to improve efficiency and increase capacity further.




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Rising competition, price hikes & declining volumes? Amit Syngle on what Asian Paints will do going ahead

Asian Paints faced a challenging second quarter with muted demand due to uneven rainfall and a slowdown in metro cities. Despite price hikes, competitive intensity remains high. The company is cautiously optimistic about single-digit volume growth in the coming quarter while closely observing AkzoNobel's strategic review of its India business.




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India's craving for healthy snacks takes a crunchy turn

Indian consumers are increasingly choosing healthier snack options, driving the segment's rapid growth. Emerging brands offering smaller packs and health-focused snacks are experiencing significant success, particularly in metros and lower town classes. This health-conscious trend extends to durables like air fryers and fitness wearables, reflecting a nationwide shift towards healthier lifestyles.




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Nestle, P&G investigate palm oil sourced from illegally cleared Indonesian wildlife reserve

Environmental group Rainforest Action Network (RAN) alleges that palm oil derived from illegally cleared Indonesian wildlife reserves may have infiltrated the supply chains of major brands like Nestle and Procter & Gamble. RAN's investigation, supported by satellite imagery, points to the deforestation of Rawa Singkil Wildlife Reserve for palm oil plantations, potentially jeopardizing endangered species.




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Swiggy’s IPO to unlock Rs 9,000 crore in Esop wealth for 5,000 employees

Swiggy's IPO, set to be the largest tech offering since Paytm in 2019, is expected to unlock Rs 9,000 crore in employee stock ownership, creating hundreds of crorepatis among its 5,000 current and former employees.




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India's retail inflation in October at 6.21%, breaches RBI tolerance band for first time since Aug 2023

India's retail inflation rose to 6.21 percent in October. This is a significant increase from September's 5.49 percent. Food prices are the main reason for this surge. This is the first time since August that inflation has gone beyond the Reserve Bank of India's 6 percent limit. The rise in onion prices is a major concern.




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Rs 325 or Rs 470? Swiggy share price targets leave investors confused after listing

On its listing day, brokerage firms - Macquarie and JM Financial - became the first ones to initiate coverage on the debutant but came out with polar opposite views. Macquarie's initiating coverage report gave it an underperform rating with a target price of Rs 325, which indicates downside potential of 17% from IPO issue price of Rs 390.




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Expecting very solid growth for next 3-5 years: Swiggy CEO Sriharsha Majety

Going by the draft papers, the company plans to utilise proceeds from the fresh issue for investing in technology and cloud infrastructure; brand marketing and business promotion; and debt payment; and funds will also be allocated for inorganic growth and general corporate purposes.




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Apple leads global tablet shipments in Q3 with 31.7% market share: IDC

Apple shipped 12.6 million tablets in the third quarter (Q3), with a modest growth of 1.4 per cent year-over-year in the quarter and garnering 31.7 per cent market share, as global tablet shipments grew 20.4 per cent to reach 39.6 million units.




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Xiaomi India president Muralikrishnan steps down due to personal reasons

Xiaomi India President Muralikrishnan B has resigned to pursue a doctorate, marking the end of his tenure during a period of recovery for the leading smartphone company. Muralikrishnan, who joined in 2018, will transition into a six-month gardening leave. His departure follows strategic executive appointments aimed at boosting offline sales and premium market presence.




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July-Sept wearables shipment down 30% as brands clear inventory

According to early estimates from Counterpoint, shipments in the wearables industry fell 30% on-year in the July-September quarter with nearly every top brand including Boat and Noise seeing sharp declines in numbers. However, shipments of premium smartwatches and audio products nearly doubled, pushing up the average selling price.




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Bajaj Electricals posts Q2 profit fall on weak demand

Bajaj Electricals experienced a 59% drop in second-quarter profits, attributing the decline to weaker demand for cooling products due to monsoon rains. Despite a slight revenue increase, the company's profits were impacted by reduced demand and cost-of-living pressures. Analysts anticipate a demand resurgence in the December quarter, fueled by festive season promotions.




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Branded stationary going to do really well; DOMS can comfortably achieve 15.5-16% margins

“We have been able to grow a little from 15.4% to 16.7% in H1. But this is coming more from the operational efficiencies point of view. And also a very little from probably I can say, there is an advantage currently where the raw material prices are at most low. This is the advantage we have been able to get in H1. ”




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Hugo Boss says it won't reach 2025 revenue, profit targets; shares slip

Hugo Boss reported third-quarter operating profit slightly above expectations, but acknowledged it won't achieve its 2025 revenue and profit growth targets due to weak demand. Despite cost-cutting measures, the luxury fashion brand faces challenges from cautious consumer spending and a difficult market, particularly in China.




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Diwali sees silver lining with 20 year sales record, gold lacks lustre

Indians purchased 220 tonnes of silver during this year's Dhanteras-Diwali. This is the highest amount in two decades. The surge in silver sales is attributed to its rising prices and its appeal as a safe-haven asset. Gold sales, however, declined by 15% this year. Experts predict silver prices will continue to rise.




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Relaxo Footwears net profit declines 17% in Q2 FY25

Relaxo Footwears recorded a 17 percent drop in net profit to Rs 37 crore for the second quarter ending September 30. Revenue also decreased by 5 percent to Rs 679 crore. The company attributes the decline to lower demand and increased competition from unorganized players. Relaxo plans to add more distributors and optimize operations for future growth.