• Thursday, March 13, 2025

Tupperware files for bankruptcy amid falling sales

TUPPERWARE Brands filed for bankruptcy protection in Delaware, succumbing to mounting losses due to poor demand for its once popular colorful food storage containers. Its popularity exploded in the 1950s as women of the post-war generation held "Tupperware parties" at their homes to sell the containers as they sought empowerment…

SpiceJet share sale to pay off dues gets good response

BUDGET airline SpiceJet, which has statutory dues of more than ₹6.01 billion (£54.40 million), has received a good response for its ₹30 billion (£271.54m)-worth sale of shares to qualified institutional buyers. Operating with a reduced fleet as well as facing financial and legal headwinds, the carrier is looking to raise…

Jammu and Kashmir polls: Phase one turnout 59 per cent

ABOUT 59 per cent of the electorate in Jammu and Kashmir turned out to vote on Wednesday, giving a thumbs up to the union territory's first assembly election since the abrogation of Article 370 in 2019 with round one going off without incident. Chief Electoral Officer P K Pole said…

Outrage erupts after mother blames Ernst & Young for 26-yr-old…

THE DEATH of a 26-year-old employee of Ernst & Young in Pune and her mother's heart-wrenching letter blaming the company for its 'excessive workload' and 'callous attitude' has sparked outrage on social media. Anna Sebastian Perayil, a chartered accountant from Kerala, had joined the consulting major in March. In a…

Jennifer Lopez, Brett Goldstein to Star in Netflix’s ‘Office Romance’

JENNIFER LOPEZ and Brett Goldstein will co-star in Netflix’s upcoming romantic comedy, "Office Romance." Goldstein, known for his breakout role in "Ted Lasso," will also co-write the film's script with Joe Kelly. While plot details remain undisclosed, the project currently has no director attached. Lopez, recognized for her roles in…

‘One nation, one election’ gets Cabinet’s approval

MOVING ahead with its "one nation, one election" plan, the government on Wednesday accepted a high-level panel's recommendations for holding simultaneous polls for the Lok Sabha, state assemblies and local bodies in a phased manner after a countrywide consensus-building exercise. Home Minister Amit Shah hailed the cabinet's decision, saying it…

Our batting can take on any spin unit: Gautam Gambhir

INDIA head coach Gautam Gambhir on Wednesday dismissed concerns surrounding Indian batters' recent struggle against quality spin bowling, saying that the line-up has enough firepower to take on the best in the world. On the eve of the two-Test series against Bangladesh, Gambhir told media that the bowling quartet of…

Diamond sector dogged by factory closures, job losses: Think tank

INDIA'S diamond sector is facing a severe crisis as both imports and exports have sharply declined in the past three years, which has triggered defaults, factory closures, and widespread job losses, think tank GTRI said on Wednesday. It said that while export returns have surged, a large inventory of unprocessed…

NDA leaders statements targeting Rahul Gandhi: Congress files police complaint

THE CONGRESS on Wednesday filed a police complaint over the recent statements of leaders belonging to the ruling NDA targeting Rahul Gandhi. The party alleged that the statements were aimed at jeopardising the safety and security of the leader of the opposition in the Lok Sabha and to disturb peace…

‘Stree 2’ box office collection surpasses Jawan’s India business

HORROR comedy Stree 2 continues its dream run on the box office and is poised to join the ₹6 billion (£54.22 million) club. This Shraddha Kapoor and Rajkummar Rao-starrer was made on a modest budget of ₹600 million (£5.43m), and has given big-ticket films like “Jawan”, “Animal” and June 2024’s…