Emami said that its wholly owned subsidiary, Emami International FZE and Emami International Personal Care has incorporated Emami Neo-Herbals International in Bangladesh.

Intellect Digital Technology for Commerce (iDTC), the business unit of Intellect Design Arena focusing on Procurement and Retail technologies, announced the launch of the world’s most comprehensive AI-driven in-store retail technology, eMACH.ai Retail 6DX, for the Middle East market. The platform is built with a flexible architecture, enabling swift and seamless integration with third-party applications. This adaptability elevates experiences across various retail formats, including hypermarkets, supermarkets, and fashion or lifestyle stores.

US stocks ended on a weak note on Wednesday amid uncertainty about the near-term outlook following recent gains that lifted the two of the major averages – the Dow and the S&P 500 – to record highs. The Dow ended down 293.47 points or 0.7 percent at 41,914.75, snapping a four-session winning streak. The S&P 500 settled lower by 10.67 points or 0.19 percent at 5,722.26, while the Nasdaq closed up 7.68 points or 0.04 percent at 18,082.21.

To launch its hotels, activities and cabs segment on PhonePe platform

The US dollar index recovered back some of its lost ground as cautiousness prevails ahead of Federal Reserve Chair Jerome Powell’s speech later today, which will be looked upon for cues about the pace of interest rate cuts going forward. Moreover, rising tensions in the Middle East and concerns over China’s economic recovery, despite the latest stimulus plans, act as a tailwind for the safe-haven currency. Currently, the counter is quoting at 100.56, after having dropped below 100 mark in the previous session. On Thursday, Gross Domestic Product (GDP) and Fridays PCE figures will be watched for dollar direction. Nevertheless, the DXY continues to linger near 14 month low which is benefitting basket currencies, EURUSD and GBPUSD, which are quoting higher at $1.11 and $1.33 respectively.