Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion-a record for a private sector IPO in the United Arab Emirates. The company is controlled by Kerala-based business tycoon MA Yusuff Ali. The final offer price for Lulu shares was set at AED 2.04 per share, raising a total of $1.72 billion (AED 6.32 billion), making it the largest IPO in the UAE in 2024 to date.

In response to the Supreme Court's (SC's) strong stance on unchecked environmental violations, the Ministry of Environment, Forest, and Climate Change (MoEFCC) has introduced new rules for conducting inquiries and imposing penalties on polluters. The updated rules outline key factors to consider when determining the penalties' scale. Adjudicating officers are instructed to assess elements such as the project's location and size, the industry type, and the specific nature of the violation.

'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'

Abdullah said if the terrorists think they can establish Pakistani writ in Jammu and Kashmir by indulging in such acts, they are mistaken.

National Conference president Farooq Abdullah on Friday said attacks like the one in Gulmarg would continue to occur until India and Pakistan found a way to be friends and that would end Jammu and Kashmir's troubles.

Hillary comes across as someone playing by men’s locker-room rules.

A victim of ‘beardism’, VISHAL MENON finds all is fine and dandy during no-shave November

Artist Sivaraman and CRY joined hands to spread the message of child rights through a sand sculpture on Marina Beach

What are the best places to have this decadent dessert in the city? PRIYADARSHINI PAITANDY and RANJANI RAJENDRA find out

The eCAPA exhibition in Delhi is helping neurodiverse artists join the mainstream, as art lovers and celebrities join hands to showcase and buy the incredible works

On this World Environment Day, a look at the boom in biodegradable cutlery and crockery made from agricultural residue

'I want to just haso, hasao and khush raho.'

India could finally have a driver on the F1 grid after 13 long years.

He led MDI Ventures to clock a record five exits in a single year in 2019.

The post Nicko Widjaja seeks to emulate MDI success at new firm BRI Ventures appeared first on DealStreetAsia.

In January, Wandou raised $48-million Series B from SBI Holdings, Sugi Holdings, and XJ Holding.

The post SBI Holdings-backed e-commerce firm Wandou bullish on Sino-Japanese market appeared first on DealStreetAsia.

Mekari, which was formed out of the merger of four startups, snagged Series B and C funding last year.

The post Indonesia has room for multiple SaaS players targeting SMEs, says Mekari CEO Soh appeared first on DealStreetAsia.

An 80 per cent writedown on The We Co. has delivered some cold hard truths about Son's vulnerability.

The post Should SoftBank’s Masayoshi Son try angel investment? appeared first on DealStreetAsia.

Probes by the U.S. Justice Department and the SEC have given SoftBank an excuse to go back and renegotiate a deal with The We Company's existing shareholders.

The post Neumann could be cornered as SoftBank has second thoughts about WeWork appeared first on DealStreetAsia.

The total cost of the project is estimated at $285 million.

The post IFC mulls $60m financing for Indorama’s Uzbekistan cotton farm project appeared first on DealStreetAsia.

The French Open tennis tournament at Roland Garros could be held without fans later this year, the president of the French Tennis Federation (FTF) said on Sunday.

The final league table will merit the biggest asterisk in history if teams are full of footballers who don’t want to be on the pitch

Anyone who has spent the best part of an hour just waiting to cross a supermarket threshold in the past few weeks will be aware how quickly the outlandish becomes the new normal. Yet even in these strange days it was still odd to hear Gordon Taylor pop up on the radio with the suggestion that shortened games might be the solution to finishing the Premier League season sometime before the clocks go back.

How that would have helped maintain the integrity of the competition or assisted those clubs worried they might be relegated in less than optimum circumstances remained unclear, for the Premier League was pooh-poohing the idea proposed by the Professional Footballers’ Association’s leader as ridiculous and unfounded within hours.

The Covid-19 lockdown has given the midfielder the chance to show his acting skills outside the Southampton changing room

Nathan Redmond hustles towards the camera, suited up, fedora jauntily perched and when he starts to lip-sync, the voice is that of Carter – the character played by Chris Tucker in Rush Hour 3. It is the scene involving him, Master Yu and Mi and, for those who have not seen it, has Carter getting into a word-play tangle as he questions Yu and Mi. “Who are you? Yu. No, not me, you. Yes, I am Yu.” It goes from there.

Related: 'People's lives depend on it': the sacked English defender left in limbo | Sid Lowe

Like man buns on scooters and ukulele busking, Covid-19 has now spread to the north from London – inspiring a coronavirus soapcom from our self-isolating comedy-writer

Up here in the north-west, we’re used to living in the slipstream of London’s sleek urban shenanigans. Whatever the cultural breakthrough – man buns on scooters, cashless ukulele busking, emotional support bees – it takes a while to reach the Lancaster and Morecambe Non-Metropolitan Area. If it ever does.

A Street Stranger Watch leads to a death and the appearance at midnight of the street’s original Victorian inhabitants

The candidate’s excesses appeal to voters who feel marginalised and for whom the temptation is to blur reality and illusion

Whenever I think about the dysfunctional horror of the looming presidential election in America – so weird that Nigel Farage can pop up in Mississippi on the Trump campaign – I can’t get Susan Sarandon or Plato out of my mind. Let’s talk first about the actor. When did Plato make a decent movie, eh?

A few weeks ago Sarandon gave a magazine interview to an overawed writer in which she set out her well-known political stall as a radical feminist who backed Bernie Sanders and doesn’t think much of Hillary Clinton. “There’s nothing about her I find feminist except that she’s a woman,” she said.

25 April 1985: The new taste is said to be smoother, rounder and bolder, not to mention more harmonious

The hard-nosed men of the New York Stock Exchange yesterday made a snap judgment on the most sensational news in the mighty American soft drinks industry for 99 years. Without even trying the new, sweeter formula Coca-Cola, they backed the initial shock reaction of the amateurs: it tastes more like Pepsi.

By lunchtime yesterday Coca-Cola shares had taken another 1.50 cent pounding on top of the 1.60 they sustained in late trading after the new formula was officially unveiled on Monday, despite the assurances of Coke’s chairman, Mr Roberto Goizueta, that the new taste is smoother, rounder and bolder, not to mention more harmonious. Reporters disagreed.

Related: Milk Coke: another classic from the nation that invented Cheeky Vimto

The Guardian’s former political editor revisits humiliating prime ministerial resignations from Robert Peel to David Cameron

Both Brexit camps claim Sir Robert Peel, the Tory moderniser whose 1846 resignation crisis most resembles May’s. But he had succeeded where she failed. Determined to cut food prices for industrial workers, Peel pushed through repeal of protectionist Corn Laws with opposition help. In retaliation, rightwing enemies defeated his Irish Coercion bill. Peel resisted Queen Victoria’s appeal to stay, but grateful crowds cheered him as he walked to the Commons to resign. He slipped out by a side door, but was spotted and cheered home. Divided Tories lost office for 20 years.

https://www.youtube.com/watch?v=IBNO9RMubpM&feature=youtu.be

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Actor Dipika Chikhlia, who was seen playing the role of Sita in Ramayan, was introduced to an unmatched popularity that has not faded even today. In an earlier interview, she had revealed how people in the villages would still refer to her as Sita and would even try touching her feet! However, given a choice today, Sita would not be the character she would like to play.

In a recent conversation, Dipika revealed she had evolved as an actor, and would rather be interested to play Kaikeyi, lord Ram's stepmother who insisted her husband Dashratha to send Ram, Lakshman and Sita to an exile for 14 years. Dipika added that playing a negative career was an entirely different experience and she was fond of playing roles that let her explore herself as an artist.

Actor Sunil Lahiri, who played Lakshman's character, said he'd still pick the same role, but if he had another choice, he would like to get into the shoes of Ravana as the character had many shades and would give an actor many varieties to perform.

As the nationwide lock-down began, Doordarshan started re-airing some of its most popular TV shows, Ramayan being the first one. On April 16, it became the world's most watched TV show, with 7.7 crore viewers.

<strong>EXPECTATIONS</strong> When Zoya Akhtar announced <em>Gully Boy</em> with Ranveer Singh, there wasn't much known about what the film would bring on screen. Hence, it was surprise galore for the audiences when Ranveer Singh's rap number introduced the film through a teaser. Now after catching hold of the soundtrack there is another big surprise in store as there are an astonishing 18 songs in there. <img class="aligncenter size-full wp-image-944920" src="https://www.bollywoodhungama.com/wp-content/uploads/2019/01/Mere-Gully-Mein-Gully-Boy.jpg" alt="" width="720" height="405" /> <strong>MUSIC</strong> Ranveer Singh debuts as a rapper in real life as well, what with as many as five tracks against his name. Amkur Tiwari produced and Spitfire composed and written <strong><em>'Asli Hip Hop'</em></strong> is already a riot for the manner in which Ranveer goes about rendering this one. A hit amongst those who love the underbelly of rap, this is followed by Divine, Naezy and Sez on the Beat's 'Mere Gully Mein' which takes the whole excitement to the next level. It is riotous, ferocious and true to its genre, hence also ensuring very good recall value. Things turn a bit soft though when Ranveer goes on to narrate Javed Akhtar written poem <strong><em>'Doori'</em></strong>. Though this one is a short piece, one feels something is missing as the heart-warming moments had just begun. This is soon followed by a musical piece by Rishi Rich that has added lyrics by Divine. Though one doesn't see this one turning out to be a chartbuster like the first two songs, it should play on well in the film. The team also comes up with <strong><em>'Ek Hee Raasta'</em></strong> and the song adds on to the soundtrack like a scene in a film does to the narrative. Kaam Bhaari &amp; Ankur Tewari write <strong><em>'Kab Se Kab Tak'</em></strong> where latter pairs up with Karsh Kale to put together the composition. Voice of a female is heard in the soundtrack this time around with Vibha Saraf pairing up with Ranveer Singh. While the overall impact is there, the best is reserved for the flagship number <strong><em>'Apna Time Aayega'</em></strong> which is put to tune by Divine &amp; Ankur Tewari. Former's lyrics along with Dub Sharma are truly acidic and one can clearly hear the cry of the underprivileged who wants to do something really good in life. A clear cut chartbuster here. From this point on, Divine and Dub Sharma have a lot to offer in the soundtrack. Former writes lyrics for Chandrashekar Kunder aka Major C composed <strong><em>'Sher Aaya Sher'</em></strong> which is decent but not exemplary. However the ones that indeed makes a mark is their 'Azadi'. A cry of war for freedom from all the boundations, <strong><em>'Azadi'</em></strong> has in it to find some good traction over the next few days. As for Dub Sharma's solo effort <strong><em>'Jingostan'</em></strong> (which plays in two versions), it seems like a bit of noise to begin with but soon you get a hang of it for the sheer spirit that it comes with. When <strong><em>'Train Song'</em></strong> comes, you realize that there is indeed a heavy duty team coming together, what with Raghu Dixit &amp; Karsh Kale singing as well as composing the number along with Midival Punditz. In fact it is rather surprising to see as many as four lyricists collaborating for this one, what with Javed Akhtar, Karsh Kale, Gaurav Raina and Tapan Raj joining hands. There is some 'thehrav' in the proceedings though with Jasleen Royal composing and singing <strong><em>'Jahaan Tu Chala'</em></strong> in her characteristic style. The overall effort is easy on ears as Aditya Sharma's lyrics are simple too and hence have a soothing effect. It is back to business though with Kaam Bhaari composing and writing a namesake number <strong><em>'Kaam Bhaari'</em></strong>. Since this is a new world of rap and something that is far away from being Bollywood, one takes time to adjust to this tune that has Ankur Tiwari pairing up as well. Soon after, he comes along with Mikey McCleary to compose<strong><em> 'Jeene Mein Aaye Maza'</em></strong>, a well-made number where he takes the centre-stage as a lyricist as well as singer. There is also an all-around effort by singer and lyricist Ace who pairs up with ishQ Bector in the music department to bring on <strong><em>'Har Gham Mein Khushi Hai'</em></strong>. The song fits in truly well for the genre that Gully Boy is promoting and hence it turns out to be a rather seamless experience. On the other hand there is Western-Punjabi collaboration next with Prem &amp; Hardeep and putting together a really well composed <strong><em>'Goriye'</em></strong>. A fun number which actually has a Bollywood touch to it as well, it has Arjun, Blitz &amp; Desi Ma coming together with Kaka Bhaniawala and Bhinder Khanpuri. This one is a potential success too and should be unveiled really quick. The soundtrack concludes with Viveick Rajagopalan composed 'tapori' number <strong><em>'India 91'</em></strong> which again belongs to the slum setting that Gully Boy belongs to. There is a huge team of MC Altaf, MC TodFod, 100 RBH, Maharya and Noxious D coming together for this song and one ends up wondering about the real name of any one of these members. <strong>OVERALL</strong> If one has to define the music of <em>Gully Boy</em> in one word, it would be 'trippy'. There has been no precedence of such a soundtrack in Bollywood before and it could well turn out to be a trendsetter if expected by the audience. An experimental score, this one has a few songs in there which are potential chartbusters in the making. <strong>OUR PICK(S)</strong> <em>‘Apna Time Aayega’</em>, <em>‘Asli Hip Hop’</em>, <em>‘Mere Gully Mein’</em>, <em>‘Goriye’</em>, <em>‘Azadi’</em>

Romeo Idiot Desi Juliet  is modern age Romantic Comedy .

Indian-American Amul Thapar is among the shortlisted potential nominees for Supreme Court judge picked by President-elect Donald Trump.

Everyone likes to be valued and numerous studies reveal that there is a psychological effect of workplace gratitude and appreciation on an employee.

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Arab world goes backwards even as China, Brazil and Afghanistan seen as becoming cleaner

India suffers drop in money sent home by migrants as oil-driven economies cut jobs

Three carriers face disruption to their role as ‘superconnectors’ as the state-owned groups fight to justify a business model built around hubs in a volatile region

Middle East tensions escalate and oil prices rise after Norwegian and Japanese ships hit

Marketers fear ‘racist’ Trump supporters, says head of Hispanic advertising group

‘Donald Trump’s rise to power has transformed the GOP into the party of cacophony’

The economy is prone to sluggish growth — if the past few years are anything to go by

From tweet to tweet, official to official, nobody can tell what his priorities are

Market Questions is the FT’s guide to the week ahead