Granules India (NS: ) Ltd., a pharmaceutical manufacturing company, has reported a significant increase in its second-quarter revenue for the fiscal year 2024. The Hyderabad-based company also saw an impressive 11% year-over-year growth in its North American market, with revenues reaching Rs. In addition to its current financial achievements, Granules India is embarking on an ambitious capital expenditure plan. InvestingPro InsightsIn line with the detailed financial report of Granules India Ltd , InvestingPro provides some insightful tips and real-time data. Despite a recent slowdown, revenue growth has been consistent, and the stock is currently trading near its 52-week high.

More children in South Asia are struggling due to severe water scarcity made worse by the impacts of climate change than anywhere else worldwide, the United Nations said Monday. As of 2022, 739 million children were exposed to high or extremely high water scarcity, with 436m children —mostly in low- and middle-income countries — living in areas of “high or extremely high water vulnerability.”The term is defined as a combination of high or very high water scarcity and low or very low drinking water service levels. The most impacted regions are countries in the Middle East and North Africa and South Asia regions. “Safe water is a basic human right,” said Sanjay Wijesekera, Unicef chief for South Asia. Behind South Asia was Eastern and Southern Africa, where 130m children are at risk from severe water scarcity, the report added.

Boeing and Royal Air Maroc announced today the North African carrier placed a repeat order for the 787 Dreamliner, confirming two 787-9s in its order book as the airline grows its widebody fleet. "The two Boeing 787-9 Dreamliners will enable Royal Air Maroc to expand in the short-term its long-haul network in response to the highly favorable market conditions in 2023," said Abdelhamid Addou, Chairman and Chief Executive Officer, Royal Air Maroc. Royal Air Maroc has added to its widebody airplane count with a mix of 787-8s and 787-9s over the last nine years. "The 787 Dreamliner is perfectly suited to support Royal Air Maroc's growth and modernization plans," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "Boeing's relationship with the airline spans more than five decades, and we look forward to more opportunities to strengthen our partnership with Royal Air Maroc."

Ask most entrepreneurs what their biggest challenge is and there’s a good chance they’ll list access to investment and funding among them. As important as improving access to that funding is, it’s almost as critical that entrepreneurs identify the funding models best suited to their business needs. Unitranche financing can enable medium-sized companies to access financing that would be impossible to get from a bank. Second lien financeSecond lien debt is secured debt that ranks equally for payment with senior debt and shares the same security package. This means that in the event of bankruptcy, the second lien ranks behind senior debt in the receipt of proceeds from shared collateral.

ShareThe leading ride-hailing and instant delivery company recently announced that its Bolt Food service will cease operations in South Africa on December 8, 2023, and Nigeria on December 7, 2023. In the fiscal year 2022, Bolt Technology witnessed a remarkable 152% jump in turnover, reaching €1.26 billion. Bolt’s decision to discontinue its food delivery service in South Africa and Nigeria represents a strategic move towards concentrating on its more lucrative segments. Bolt Food, launched in Lagos in October 2021, was introduced to tap into the flourishing food delivery market, competing with other services like Jumia Food and Gokada. The termination of the service in South Africa will affect both customers and couriers, with Bolt focusing on facilitating a smooth transition for everyone involved.

Rose heads out to sea in eastern Tunisia. More than a month ago, she had become entangled in fishing nets before being taken to the "Sea Turtle First Aid Center" in Sfax (central-eastern Tunisia), a member of the European "Life Med Turtles" program, one of two of its kind in Tunisia along with the one in Monastir (eastern Tunisia). In North Africa, these are the only care facilities for the loggerhead turtle, or Caretta Caretta by its scientific name, the most widespread species in the Mediterranean and one of the most at-risk. Now, at the Sfax Care Center, it's often the fishermen who bring in the injured Caretta Caretta, recognizable by their enormous heads. Due to heavy pollution of their habitat, Caretta Caretta absorb toxic metals such as mercury, which can harm human health.

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The past week saw the inevitable raft of legal technology wins and deals, movers and shakers, and product launches from across the globe. Prior to joining Consilio, Kildow was the head of global sales operations at Huron Legal and also led operations at Hitachi Consulting. Jae Um has joined the strategic advisory board of legal technology product studio 273 Ventures, which is led by Mike Bommarito and Dan Katz, who put famously put OpenAI’s GPT-3.5 and GPT-4 through the bar exam. Kroll’s corporate legal solutions team has experience in legal operations, data privacy, and contract management. “They are also well-versed in AI and contract management automation, offering invaluable, frontline expertise to help organizations select the best solution for their organizations,” McKean said.

Danvers, MA (01923)TodayPartly cloudy this morning, then becoming cloudy during the afternoon. Winds light and variable..TonightCloudy skies early, then partly cloudy after midnight. Slight chance of a rain shower. Low near 30F. Winds light and variable.

Shop North Star's spring/summer23 collection at Mr Price and Zando. High tops, low cuts and retro vibes – the Spring/Summer 2023 collection from North Star by Bata has it all. Since 1948, this iconic Canadian-born sneaker brand has continued to produce timeless fashion, innovation and comfort, becoming a global favourite. This year, North Star celebrates 75 years in the game with a new collection now available at selected Mr Price stores nationally and online, as well as Zando. Check it out here: www.bata.co.za/brands/north-star/

Patrick Mwesige, Managing Director – Kanara Solutions, spoke to ESI Africa editor Nicolette Pombo-van Zyl at Enlit Africa about the realities of securing climate finance. “It’s not actually climate finance, it’s generally finance. The money is actually available but getting bankable project… to invest in, is the challenge,” said Mwesige. Listen to the Kanara Solutions head talk about setting up viable financial ecosystems and managing risk in Africa.

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It is the new foot-on-the-ground version of imperialism being practised by the US through Israel, its surrogate in the region. Alongside its mammoth wartime size, being a nuclear power, the Israeli Defence Forces (IDF) have a very capable modern air force. To a great extent, the Israeli military does depend on its partnership with the US. President Joe Biden has already pledged to stand by Israel, seemingly giving the green light for a continued operation, including ground incursion. If Israel does not have the notion of greater Israel in sight, why is this apartheid regime asking for the displacement of all Palestinians from Gaza?

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Considerations include complying with public authorities that regulate the telecommunications industry, maintaining defined service levels with customers, the health and safety of workers, and environmental protection. These regulations force telcos to deploy customer engagement solutions, workflow automation, and data consolidation for real-time oversight and easier proof of compliance. Open RAN aims to achieve interoperability and standardisation of radio access network elements across various software and hardware providers. Two of the lowest-ranking service management pressures faced by telcos were increased complexity of assets and service delivery. Replacing legacy systems with a future-proof service management platform that offers embedded innovations allows telcos to automate internal operations, leading to lower costs, higher workforce efficiencies, faster innovation and more streamlined service experiences.