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Consumer healthcare mega merger: Kimberly-Clark to acquire Tylenol maker Kenvue in $48.7 billion cash and stock deal; $1.9 billion cost savings targeted post-merger

Kimberly-Clark is set to acquire Tylenol maker Kenvue in a cash-and-stock transaction valued at approximately $48.7 billion, creating one of the world’s largest consumer health goods companies, AP reported.Under the terms of the agreement, Kenvue shareholders will receive $3.50 per share in cash and 0.14625 Kimberly-Clark shares for each Kenvue share held at closing. Based…

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Assembly elections: As cash transfers emerge as quickest way to victory at hustings, will it work in Bihar? | India News

PATNA: In Bakhtiyarpur’s Machariyawa village, Usha Devi received Rs 10,000 under Mukhyamantri Mahila Rojgar Yojana and also the revised old age pension of Rs 1,100 straight into her bank account.In Vaishali, Gudiya dropped in at a “cash point” in her village to check if the money due to her has been transferred. “May be because…

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Berkshire Hathaway Q3 results: Profit jumps 17% to $30.8 bn as Buffett readies exit; Greg Abel set to take charge amid $381 bn cash pile

Warren Buffett’s Berkshire Hathaway reported a 17% rise in quarterly profit, boosted by a rebound in its insurance operations and gains from investments, even as the legendary investor prepares to hand over the reins to Vice Chair Greg Abel in January, AP reported.The company said on Saturday that it earned $30.8 billion, or $21,413 per…

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Rs 8 lakh cash deposited in bank – man gets tax notice! Assessing officer deems it presumptive business income, but taxpayer wins case in ITAT – ruling explained

During the assessment, the AO estimated Kumar’s business income under Section 44AD — something completely outside the scope of the original notice. (AI image) Making cash deposits of large amounts in your bank account? Be aware of a case where a cash deposit attracted the attention of the Income Tax Department, and the assessing officer…

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Income Tax department doubts Rs 10 lakh gift – brother gets tax notice for cash received from sisters; how he appealed & won the case

The brother’s success in the case stemmed from providing comprehensive documentary proof. (AI image) Gifts received from relatives and friends can sometimes land you in the income tax net. One such case was of a Mr. Maheshwari from Agra, who had to prove the genuineness of Rs 10 lakh received as cash from his sisters.According…

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Airtel and Jio to enter ‘value creation’ zone: RoCE to rise; ICICI Securities predicts strong cash flow and profits

Bharti Airtel and Reliance Jio will almost double their capital returns by 2028 as network expenditure falls below depreciation levels, unshackling better cash flows after 15 years of intensive infrastructure outlays, ICICI Securities estimates.The report says that both entities are crossing into a “value creation zone,” with better return on capital employed (RoCE) and robust…

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Bengaluru Rape: Gang-raped, threatened, cash, phones stolen: Woman sexually assaulted, robbed by 5 at Bengaluru home; 3 held | Bengaluru News

A 27-year-old woman from Bengal was allegedly gang-raped and robbed at her Bengaluru residence on Tuesday night. Five individuals reportedly entered her home, sexually assaulted her, and fled with cash and mobile phones. Police have arrested three suspects and are actively searching for the remaining two. The survivor is reported to be out of danger….

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Threatened, gang-raped, cash, phones stolen: Woman sexually assaulted,robbed by 5 at Bengaluru home; 3 held | Bengaluru News

BENGALURU: Police Wednesday said a 27-year-old woman from Bengal was allegedly gang-raped and robbed at her residence here. Three of the accused were arrested, while efforts are ongoing to apprehend two others, police added.The incident reportedly occurred around 9pm Tuesday at Gangondanahalli. “The accused threatened her and took turns sexually assaulting her. They then fled…

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Rs 5 crore cash, 22 luxury watches, Audi, Mercedes: How Rs 8L bribe trap led CBI to Punjab IPS officer’s lavish lifestyle | Chandigarh News

A senior IPS officer, Ropar Range DIG Harcharan Singh Bhullar, has been arrested by the CBI MOHALI: Ropar Range DIG Harcharan Singh Bhullar and a ‘middleman’ were arrested by CBI at his Mohali office on Thursday on bribery charges after an iron merchant from Fatehgarh Sahib district complained that the IPS officer was demandings Rs…

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Search operation in J&K’s Udhampur after terror suspects ‘snatch cash’ from villager | Jammu News

JAMMU: A joint team of security forces launched an intensive cordon-and-search operation in Latti area of J&K’s Udhampur district Thursday after locals reported that a group of terror suspects had entered a house in Kirchi village, threatened its residents and fled after allegedly snatching cash.Personnel from the Army, J&K Police, and other security agencies were…

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