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State Bank of India to divest 13.19% stake held in Yes Bank
State Bank of India to divest 13.19% stake held in Yes Bank

Business Standard

time09-05-2025

  • Business
  • Business Standard

State Bank of India to divest 13.19% stake held in Yes Bank

State Bank of India announced that the Executive Committee of the Central Board (ECCB) of the Bank in the meeting held on 9 May 2025 has accorded approval to divest 413,44,04,897 equity shares of Yes Bank (YBL), being equivalent to 13.19% (approx.) of Yes Bank shares to Sumitomo Mitsui Banking Corporation (SMBC), at Rs.21.50 per equity share, for a consideration of Rs.8888,97,05,285 and paisa 50 only (Rs.8888.97 crores approx.), subject to receipt of all regulatory and statutory approvals by the acquirer. Powered by Capital Market - Live News

Legendary Italian Artist Michelangelo Pistoletto Joins the Lineup for Forever Is Now .05 at the Pyramids of Giza
Legendary Italian Artist Michelangelo Pistoletto Joins the Lineup for Forever Is Now .05 at the Pyramids of Giza

See - Sada Elbalad

time07-05-2025

  • Entertainment
  • See - Sada Elbalad

Legendary Italian Artist Michelangelo Pistoletto Joins the Lineup for Forever Is Now .05 at the Pyramids of Giza

Basant Ahmed In a monumental moment for the global art scene, Forever Is Now returns for its fifth edition with a name that needs no introduction: Michelangelo Pistoletto. The Embassy of Italy in Egypt, in partnership with Art D'Égypte by CulturVator and the Italian Institute of Culture in Egypt, are proud to announce that Michelangelo Pistoletto - one of the most revolutionary artists of the 20th and 21st centuries - will be this year among the featured artists in the fifth edition of Forever Is Now, the first international contemporary art exhibition held at the Pyramids of Giza that will take place from 30th October to 22nd November. The visionary founder of Arte Povera and one of the most influential contemporary artists of our time, Pistoletto will present a monumental installation at the Great Pyramids of Giza, uniting the echoes of ancient civilisation with the pulse of modern thought. His participation in Forever Is Now .05 marks a fusion of artistic legacy and ancient history that promises to captivate the world. As a concrete manifestation of his view of art as a bridge between cultures and a generator of spaces of togetherness, Pistoletto and his Foundation develops this prestigious invitation into an opportunity for an artist residing in Egypte to enroll into their Unidee Academy, in Biella (Italy, near Milan), for a 3 years bachelor course. The awarded applicant will have fees and accommodation expenses fully covered by Italian Institute of Culture in Cairo for the first year, and for the following two by Pistoletto Foundation Cittadellarte itself. Ambassador of Italy to Egypt, Michele Quaroni, commented: "We are deeply proud to support Michelangelo Pistoletto's participation in Forever Is Now .05, a collaboration that stands as a powerful testament to the enduring cultural ties between Italy and Egypt. This initiative is not only a celebration of contemporary art, but also a profound act of cultural diplomacy, fostering dialogue between two civilizations that have each shaped the course of world history. Through art, we continue to build bridges that transcend borders, language, and time. Italy strongly believes in the transformative power of culture as a tool for connection, education, and peace. Events like this reaffirm our commitment to nurturing mutual understanding and collaboration across the Mediterranean and beyond.' Pistoletto is best known for his iconic Mirror Paintings, which break the barrier between artwork and audience, and for founding Cittadellarte, a multidisciplinary lab dedicated to using art as a driver for societal change. His career spans over six decades with exhibitions at the world's most prestigious institutions, including the MoMA, Tate Modern and Venice Biennale, where Cittadellarte, for this year's edition, is starring with a special installation of the Third Paradise which will open its doors for visitors from all over the world. 'Having Michelangelo Pistoletto join Forever Is Now .05 is a historic moment for Egypt and for global contemporary art, and bringing his voice to the Pyramids is not just symbolic, it's visionary.' says Nadine Abdel Ghaffar, Founder of Art D'Égypte by CulturVator. 'I am thrilled at the prospect of starting a conversation with Egyptian art scene, artists and cultural institutions. Cittadellarte aims at making art as a bridge between peoples, across cultures and geographies. That is what art can do: connect and weave together people's lives and stories from different environments and times. I take the invitation from Art d'Egypte and the collaboration with Italian Institute of Culture as an opportunity to build a bridge across the mediterranean sea that connects Venice and Cairo through the same artwork, a symbol of creation, balance, harmony and peace, the most urgent cures we need, now, everywhere'. says Paolo Naldini, Director of Fondazione Pistoletto Cittadellarte. read more New Tourism Route To Launch in Old Cairo Ahmed El Sakka-Led Play 'Sayidati Al Jamila' to Be Staged in KSA on Dec. 6 Mandy Moore Joins Season 2 of "Dr. Death" Anthology Series Don't Miss These Movies at 44th Cairo Int'l Film Festival Today Amr Diab to Headline KSA's MDLBEAST Soundstorm 2022 Festival Arts & Culture Mai Omar Stuns in Latest Instagram Photos Arts & Culture "The Flash" to End with Season 9 Arts & Culture Ministry of Culture Organizes four day Children's Film Festival Arts & Culture Canadian PM wishes Muslims Eid-al-Adha News Egypt confirms denial of airspace access to US B-52 bombers Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. 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Mainz extend contract of understudy keeper
Mainz extend contract of understudy keeper

Yahoo

time11-04-2025

  • Sport
  • Yahoo

Mainz extend contract of understudy keeper

Mainz extend contract of understudy keeper Robin Zentner is playing a big part in Mainz's Champions League push this season. Meanwhile, reserve goalkeeper Daniel Batz extends his contract at the club until 2026. The 34-year-old is yet to feature this term. Advertisement "He's an absolute role model both humanly and athletically," said Mainz's sporting director Niko Bungert about the former 1. FC Saarbrücken shot-stopper. 'He gives 100 percent in every training session. We are happy that he will be joining us for another year.' "I am happy to continue to be part of the 05 family," reflected Batz after penning a new deal at the club. 'There have been ups and downs, but we've always mastered everything together. Mainz 05 is a family-oriented club with very close ties to its city; everyone gives a lot to one another.' Batz deputized for the absence of Zentner in four Bundesliga matches last term. Thanks to a remarkable season under Bo Henriksen, Mainz will most likely feature in European competition next season.

Cement prices fall in Pakistan
Cement prices fall in Pakistan

Express Tribune

time28-01-2025

  • Business
  • Express Tribune

Cement prices fall in Pakistan

Listen to article Cement prices in Pakistan have dropped to Rs1,390 per bag for top brands, including Bestway Cement, Maple Leaf Cement, and DG Khan Cement, bringing some relief to those planning construction projects. Other brands are offering cement at Rs1,400 per bag. The decrease reflects changing market demand and improved import conditions within the construction sector. Steel availability is also contributing to the fluctuations. While the price of cement currently ranges from Rs13,850 to Rs14,05 PKR per 10 kg bag, individuals can avail a 30% discount by registering through the Ehsaas Program's 8171 portal. On the other hand, Pakistan's cement exports saw significant growth during the first half of the fiscal year 2024-25. Exports increased by 23.21% to $167.47 million, compared to $135.93 million during the same period last year, according to the Pakistan Bureau of Statistics (PBS). In terms of volume, cement exports rose by 33.82% year-on-year, reaching 4.69 million metric tons during July-December 2024-25, up from 3.50 million metric tons in the same period the previous year. December 2024 showed particularly strong performance, with cement exports rising 45.47% year-on-year to $31.89 million. On a month-on-month basis, exports in December also grew by 3.04%, reaching $31.90 million compared to November's $30.96 million.

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