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Business Standard
02-06-2025
- Business
- Business Standard
AstraZeneca Pharma shares surge 12% after Q4 results; profit jumps 48%
Shares of AstraZeneca Pharma India rallied nearly 12 per cent on Monday after its net profit for the fourth quarter of the previous financial year (Q4 FY25) jumped 48 per cent to ₹58.25 crore year-on-year (Y-o-Y). The pharma major's stock rose as much as 11.87 per cent during the day to ₹8,919 per share, the biggest intraday gain since March 20 this year. The stock pared gains to trade 11.2 per cent higher at ₹8,875 apiece, compared to a 0.54 per cent decline in Nifty50 as of 10:54 AM. Shares of the company extended gains to their third day while they have fallen 21 per cent this year, compared to a 4.1 per cent advance in the benchmark Nifty50. AstraZeneca Pharma has a total market capitalisation of ₹22,195.5 crore, according to BSE data. Track LIVE Stock Market Updates Here AstraZeneca Pharma Q4 results The pharma major reported a 48 per cent rise in consolidated net profit for Q4 FY24 to ₹58.25 crore. Total revenue from operations stood at ₹480.48 crore, up 25.3 per cent Y-o-Y. The company also recorded significant growth across therapeutic areas, achieving a 32 per cent increase in full-year revenue compared to the previous year. In its oncology business, the pharma major reported revenue of ₹315.85 crore in Q4FY25, a rise of 31.62 per cent. Additionally, revenue from biopharmaceuticals (cardiovascular, renal and metabolism; respiratory and immunology; and vaccines and immune therapies) rose 1.9 per cent to ₹122.74 crore. The rare disease segment grew to Rs 2 crore in Q4FY25, up from Rs 0.17 crore in Q4FY24. AstraZeneca Pharma management commentary 'FY2024–25 marked significant progress for AstraZeneca Pharma India Limited, driven by strong growth of 32 per cent," said Bhavana Agrawal, Chief Financial Officer and Director, AstraZeneca Pharma. "This reflects our strategic focus on science, specialists, and the strength of our innovation-led portfolio. As we scale impact across therapy areas, we remain committed to delivering sustainable value to the people, society, and the planet.' About AstraZeneca Pharma AstraZeneca Pharma is a British-Swedish multinational pharmaceutical and biotechnology company, formed in 1999 through the merger of Sweden's Astra AB and Britain's Zeneca Group. The company is dedicated to developing and selling innovative medicines across various therapeutic areas, including cancer, cardiovascular diseases, gastrointestinal issues, infections, neuroscience, respiratory conditions, and inflammation. The company has had a major presence in India for 45 years. AstraZeneca Pharma India oversees manufacturing, sales, and marketing operations, while the company also gained global recognition for its role in developing the Oxford–AstraZeneca Covid–19 vaccine
Otago Daily Times
12-05-2025
- Sport
- Otago Daily Times
Lawson may not last the season: Montoya
Liam Lawson at the Miami Grand Prix. Former Formula One driver Juan Pablo Montoya believes Liam Lawson may not see out the season. Colombian Montoya, who drove in F1 between 2001 and 2006, said he "wouldn't be surprised" if the young Kiwi was dropped by Racing Bulls. Montoya is a seven-time grand prix winner. He feels British-Swedish driver Arvid Lindblad is waiting to take Lawson's seat if he doesn't improve. In 2025 Lawson's best results are 12th in China and Saudi Arabia, while he's had two DNF's. "If Liam doesn't improve any further, I wouldn't be surprised if they [Racing Bulls] put Lindblad in at some point," Montoya told AS. "Not at all. I wouldn't be a little surprised." "If he [Lawson] doesn't recover soon, I'm sure Red Bull will start looking elsewhere because that's how they work," Montoya said. Lindblad won the 2025 Castrol Regional Formula NZ Championship and has been touted as a F1 driver of the future. Lawson's team-mate Isack Hadjar has generally out driven him since the New Zealander returned to Racing Bulls from Red Bull. Last week Argentine Franco Colapinto replaced Australian Jack Doohan at Alpine. Round seven of the F1 championship is at Imola this weekend.
New York Times
21-03-2025
- Entertainment
- New York Times
This Hong Kong Art Show Aims to Put You to Sleep
James Taylor-Foster, a 32-year-old British-Swedish curator, wants you to fall asleep at their exhibition. Taylor-Foster, who uses he/they pronouns, said that would be the ultimate compliment for 'WEIRD SENSATION FEELS GOOD: The World of ASMR.' 'It's a weird space of public intimacy that requires a certain degree of vulnerability,' said Taylor-Foster, who curated the show, which explores what was once a little corner of the internet that's now become a global phenomenon. A.S.M.R., or Autonomous Sensory Meridian Response, is a vaguely scientific-sounding term coined by a medical forum user in 2010 to describe a tingling feeling that spreads through a person's scalp; a warm, effervescent wave that can also make its way down a person's spine and could be produced by a variety of stimuli such as whispers, caresses, and looking at people playing with things like kinetic sand. A.S.M.R. soon took on its own life, and became an entire genre of videos on the internet that now number in the millions. The exhibition, which unfolds in five sections, opened last week and will run through July 13 at Gate33 Gallery in Hong Kong's Airside mall. With a focus on the auditory, visual and tactile, the exhibit brings the online world of gentle tapping, whispers and caresses into the real world. Over 40 pieces in various media will be on display, including a mechanical tongue dripping with saliva created by the Swedish artist Tobias Bradford; a motion graphic of synthetic vegetables made by the Copenhagen-based art duo Wang & Soderstrom; and what's thought to be the first A.S.M.R. video, a whispering video uploaded to YouTube 15 years ago. There will also be a room dedicated to the American painter Bob Ross, known for his dulcet tones, gentle affirmations and careful paintbrush scratches; and the coup de grâce: a giant chill-out area, made of a kilometer-long soft plush sausage pillow, sculpted to mimic the folds of the brain, where people are encouraged to watch videos and fall asleep. 'We do live in an incredibly noisy world, an incredibly loud and noisy world that is increasingly complex,' Taylor-Foster said. 'And I think ultimately, A.S.M.R. is guiding us to have, even if briefly, that little kind of moment of focus, of sensorial focus.' 'It helps some people's anxiety or insomnia, whatever, for a reason, because it is deeply important to what it means to be human,' they added. In putting the show together, Taylor-Foster spent a lot of time thinking about what attracts us to A.S.M.R. in this day and age, and how the phenomenon fits into our values as a society. 'It's completely subversive,' the curator noted. 'You know, it, like literally takes the ever-increasing speed of the internet or the processes in our smartphones. It takes that almost impossible accumulation of speed and proficiency, and it says, 'Wait, no, I'm going to use all this and I'm going to make something that is soft, slow, particularly antithetical to the world in which we live in.' 'And that is a form of radicalism. I do think that at its core, A.S.M.R. is a kind of radical response to something that we all know deep down inside is probably not good for us long term.' Taylor-Foster has seen the public perception of A.S.M.R. change over the years. 'When I would talk about A.S.M.R. in 2019, 2020, people would laugh,' Taylor-Foster said. 'Like they would laugh either because they thought it was stupid and irrelevant, or they would laugh because maybe they watched it every day, but they didn't want to tell anybody.' The early days of the pandemic, the curator said, changed all that as people looked for forms of self-medication against insomnia, anxiety and isolation they felt as countries across the world entered lockdowns. The first iteration of the show opened at Taylor-Foster's home institution, the ArkDes museum in Stockholm, in 2020 — first online, at the height of the period when people were coming to terms with social distancing, and later in person. The second edition of the show opened at the Design Museum in London in 2022, as people grappled with being back in the crowds. Taylor-Foster noted that the London iteration of the show saw some 97,000 people attend over several months. New to the Hong Kong show is an installation from two local sound artists, Kin Lam, 32, and AK Kan, 30, that recreates the soporific feeling of being on Hong Kong public transportation. 'Hong Kong people, we sleep in buses and the MTR and the minibus,' Kan, a sound engineer, whose Cantonese name is Kan Hei-chun, said on a recent video call, using the shorthand term for the Hong Kong subway. 'I used to sleep every time when I go to school and I just lay on the window, like that,' he said, making a leaning motion, 'and just sleep like that. And I was thinking, 'Why?'' He couldn't grasp why he could sleep in such an uncomfortable position, and wondered why people tend to sleep so much while riding public transportation. Lam, his collaborator — a percussionist and electronic sound artist who teaches at the Hong Kong Baptist University, where I also teach — agreed. Lam said, 'I would think all the white noise, all the people talking in the busy transportation, this is not going to be good for A.S.M.R. But then when I start doing the recording, it's like, actually, it's quite nice, because of all the low frequencies and all the hum.' 'And also, you are in a moving vehicle, there's also, like, some vibration and that actually makes you feel quite nice,' he added. It's something a local travel agency also noticed at the height of the pandemic. The company sold tickets for a 5-hour bus tour designed to allow people to take a snooze (ear plugs and sleep masks included in the price of the ticket). Tickets were snapped up in three days, with people paying between HK$99 (US$12.70) and HK$399 for a seat. Lam and Kan — along with Daisy Chu, the curator with the property developer Nan Fung Group, that owns Airside, who brought 'WEIRD SENSATION' to Hong Kong — have also created a do-it-yourself A.S.M.R. station at the exhibition. In it, people can use locally sourced objects like a bamboo dim-sum steamer, calligraphy brushes, jade massage balls and 'villain-hitting' slippers to explore what sounds give them the tingles, and record it. 'A.S.M.R. is usually, to me, quite gimmicky,' Lam said. 'But the more I do research, and the more I think about it, it's actually something really close to sound art.' 'Sound art, it's how you listen, how you change the way you listen,' he added. He holds up the bamboo steamer as an example of an ordinary object that can take on an auditory life of its own. There's a gentle rustling as he runs his fingers across the side, a crunchy rhythm as he taps the lid. 'When you have contact with this object, it responds to you,' Lam said. 'We always look for something interesting, or for something new constantly, but actually, you need to sit with one sound for a long time. 'It tells you 'Oh, this is my sound.''
Telegraph
20-03-2025
- Politics
- Telegraph
IOC election 2025: Seb Coe bids to become Olympics president
Hello and welcome to our coverage of the International Olympic Committee's presidential election. Great Britain's Lord Coe is among three favourites for the leadership of the Olympic movement, but he faces stiff competition in what many experts are saying could be one of the tightest votes in the IOC's 131-year history. Lord Coe is aiming to become the first Briton elected to what is widely regarded as the most powerful job in global sport. As a double 1500m Olympic champion, head of the London 2012 Olympics and current president of World Athletics – arguably the most important of the Olympic sports – Lord Coe looks to be the best qualified on paper. But things are never that simple in Olympic circles. His two main rivals, out of seven candidates in total, are Spain's Juan Antonio Samaranch Jnr – the favourite, whose father ran the IOC from 1980 to 2001 – and Kirsty Coventry, a two-time Olympic swimming champion from Zimbabwe, who would be the first female president of the IOC. Like Lord Coe, who is a former Tory MP, Coventry has a background in politics – she was Zimbabwe's sports minister and both she and Samaranch Jnr are seen as IOC insiders, having both been on the executive board. Also standing are international cycling chief David Lappartient, Prince Feisal Al Hussein of Jordan, International Gymnastics Federation head Morinari Watanabe and British-Swedish businessman Johan Eliasch, who heads the International Ski and Snowboard Federation. Despite his pedigree, Lord Coe, is seen as a bit of an outsider and certainly the one proposing the most radical reform. He has said he wants to make the election process and the IOC itself more transparent, talking of wanting to 'open the windows'. He has been the most forthright on protecting the integrity of the female category in competition, amid the controversies over the participation of transgender athletes and athletes with differences in sex development (DSD) in sport. Coe also put the cat among the pigeons with World Athletics' decision to ban Russia from the Rio 2016 Olympics, while awarding £50,000 to every athletics gold medallist at Paris 2024 also caused some consternation. Perhaps crucially, outgoing president Thomas Bach, has reportedly been lobbying for Coventry behind the scenes, which has caused some consternation as the IOC is supposedly big on political neutrality. The voting is due to start at around 2pm (UK time).
The National
19-03-2025
- General
- The National
Why temporary guardianship is essential for parents in the UAE – and how to set one up for your children
In the case of parents dying, legally appointed temporary guardians can care for children until they are either taken into authority care or their permanent guardians arrive. As any mum or dad knows, having a will and choosing permanent legal guardians for your children offers peace of mind that little ones will be taken care of both physically and financially in the event of both parents' deaths. While these legal aspects of expat parenting in the UAE are well known, the lesser-known but equally important task of appointing temporary guardians is much less talked about. 'Parents living in the UAE should appoint temporary guardians to ensure that their children have immediate care and protection in case of an emergency, such as the parents' sudden death or incapacity,' says Samara Iqbal, founder of Aramas International Lawyers. 'Since expatriate families may not have immediate relatives in the country, without a temporary guardian in place, their children could face uncertainty or even be placed under state custody while waiting for a permanent guardian to arrive. A temporary guardian ensures continuity of care and minimises legal and logistical complications.' In the event of both parents' deaths, contacting the relevant people in their home country by friends, UAE authorities and embassies could be delayed in the aftermath of an event or accident due to time differences or lack of available information. Being uncontactable, having to book flights, and taking into consideration visa processes can all slow the arrival of permanent guardians. In the absence of legal temporary guardians in the UAE, the welfare of children falls to government authorities, who make suitable provisions for minors that would likely involve them being taken care of by strangers. Close friends or even family members would not be able to take temporary custody without the required legal documentation. 'I've been advising people for a long time about ensuring they appoint temporary guardians,' says Mohammad Marria, chief executive and founder of Just Wills. 'While it is rare that both parents pass away at the same time, it is not without precedent.' Project co-ordinator and mother-of-three Emma de Lautour and her husband Iannis Mardell legalised temporary guardians for their children in 2021, after coming to Dubai in 2012. 'We actually found out about the process by pure fluke,' says the British-Swedish national. 'We'd been living in Dubai for quite a few years and had heard about doing a will, but it took a friend of a friend finding herself in a situation concerning guardianship after her husband passed away that made us realise that the kids could be placed with people they don't know if we didn't have something legal in place.' Calling the process 'easy' and 'straightforward', de Lautour engaged a legal firm to draw up a separate will and temporary custody document regarding their children Eva, 19, Oskar, 17 and Nina, 10. 'You can have separate documents for your will and temporary guardianship,' says Marria. 'Sometimes there is personal information in the will that you don't want others to see, so you can separate the two and pay two lots of court fees.' Lautour and her husband chose two male friends who each have their own families to act as temporary guardians in the UAE for their children. 'Having spoken to friends, most people here don't know about the importance of temporary guardians and I think a lot of people, ourselves included in the beginning, thought that our will from our home country would be sufficient.' She adds: 'We're abroad and our families are far away, so if something should happen to both parents what a nightmare it would be if nothing legal were put in place for the kids. We had naively thought that our will from France would be sufficient and the kids would be sent back to Paris to their guardians, and that's not the case.' Temporary guardians should ideally be living in the UAE and be close friends who your children know well. They do not need to attend meetings with lawyers when the documents are drawn up, yet 'it is advisable for the appointed temporary guardians to be involved to ensure they understand their responsibilities,' says Iqba. They should also be given copies of the will or temporary guardianship documents. 'During the registration process, guardians should be provided information on how to proceed by their legal representative,' says Romano Dolbey, head of wills and inheritance at James Berry & Associates. Parents should also be in frequent contact with temporary and permanent guardians, he says. Dolbey also recommends giving temporary guardians contacts details of the Dubai International Financial Centre and Abu Dhabi Judicial Depart courts, plus those of the permanent guardians and executors. Marria suggests giving a copy of the guardianship documents to your nanny or housekeeper if you have one, along with the phone numbers of the guardians. If your temporary guardians leave the country, you will need to update the legal documents through your lawyer. 'I always say the more the merrier when it comes to adding temporary guardians,' says Marria. 'One client gave me a list of 10 couples, 20 people in total, but usually people pick three or four couples. When drafting the documents, you don't need the guardian's signature, just their passport and Emirates ID.' Adds de Latour: 'Things can always change, but the people we chose are, like us, established in the UAE and here for the long term. I think there's a lack of knowledge among parents about the need for temporary guardians and also maybe them not wanting to think about the implications of it. But the process is fast, easy and straightforward.'
