Latest news with #NAI
Business Wire
6 days ago
- Business
- Business Wire
GAMCO's Project Fishbowl Enters Next Phase
GREENWICH, Conn.--(BUSINESS WIRE)--On behalf of shareholders of Gabelli Value 25 Fund and its affiliates ('GAMCO'), and the approximately 750 separately managed GAMCO advisory clients who held Paramount Global ('Paramount') Class A shares prior to Paramount's August 7, 2025 merger with Skydance Corporation ('Skydance'), GAMCO today filed a class action in Delaware Chancery Court. The class action seeks damages for the unfair and inequitable merger consideration that National Amusements, Inc. ('NAI') and its affiliates received versus the consideration received by Class A shareholders other than NAI. GAMCO has been pursuing 'Project Fishbowl' since Skydance and Paramount announced the transaction last July. GAMCO initially began Project Fishbowl with a books and records request to Paramount under Delaware's General Corporation law. Paramount produced thousands of documents that did not provide the transparency GAMCO needed to assess the fairness of the transaction to all Class A shareholders. Based on public documents and the disclosures that the Paramount special committee produced confirming that the special committee assigned no value to the non-Paramount assets of NAI, it appears that NAI received in excess of $60/share for its Class A shares while GAMCO and other similarly situated shareholders received a mere $23/share. Christopher Marangi, Co-CIO Value, GAMCO Investors, Inc. (OTCQX: GAMI), said, 'GAMCO has an obligation to pursue this case on behalf of its clients. GAMCO voiced its concerns early in the process and asked at minimum for more transparency regarding what NAI was receiving for their identical Paramount voting shares. GAMCO also requested, as is customary in these types of control transactions, that the merger be put to a vote of the minority shareholders. These concerns were ignored and, lacking the ability to continue holding voting shares in the new Paramount entity, GAMCO was forced to redeem its shares for cash. We now look to the Courts to rectify the situation.' GAMCO looks forward to seeing Project Fishbowl through to conclusion for all Class A shareholders. GAMCO Investors, Inc., through its subsidiaries, manages assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC) and is known for its Private Market Value with a Catalyst™ style of investment.
Business Upturn
12-08-2025
- Business
- Business Upturn
National Archives of India acquires rare Baal Sahitya collection by ‘Shiksharthi'
By Aditya Bhagchandani Published on August 12, 2025, 16:59 IST The National Archives of India (NAI), under the Ministry of Culture, has acquired a rare and valuable private paper collection on Baal Sahitya created by the renowned writer and cartoonist Ram Padarth 'Shiksharthi' (June 3, 1919 – November 20, 1981). The acquisition, donated by his daughter Ms. Alpana Nigam, adds to NAI's rich repository of archival treasures. The collection includes a wide range of cartoons, novels, and books that capture the socio-political and cultural landscape of Shiksharthi's time. His political cartoons reflected the spirit of the era, while his non-political works humorously and satirically portrayed the everyday lives of common people. A pioneer in children's literature, Shiksharthi established his own printing press and played a significant role in promoting healthy Baal Sahitya in India. In addition to his printed works, the collection houses handwritten material showcasing his artistic and literary contributions. The NAI emphasized its continued commitment to preserving India's documentary heritage and ensuring its accessibility to researchers, scholars, and the public. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Yahoo
21-07-2025
- Business
- Yahoo
Natural Alternatives International, Inc. Announces New Manufacturing Agreement with The Juice Plus+® Company
CARLSBAD, Calif., July 21, 2025 (GLOBE NEWSWIRE) -- Natural Alternatives International, Inc. ('NAI') (NASDAQ:NAII), a leading formulator, manufacturer and marketer of customized nutritional supplements, announced it has extended its partnership with The Juice Plus+ Company ('Juice Plus+'), a globally recognized leader in plant-based whole-body nutritional products, through the execution of a new multi-year Manufacturing Agreement covering Juice Plus+ capsule and powder products sold in over 24 markets around the world. Mark A. LeDoux, NAI's CEO and Chairman of the Board, said, 'Continuing our 30+ year relationship with JuicePlus+ reflects our shared commitment to delivering premium nutritional products backed by extensive scientific research. Together, we remain focused on enhancing the health-promoting properties of the JuicePlus+ family of products.' Travis Garza, Juice Plus+ CEO, said, 'We are very pleased with our commercial relationship with NAI. Their commitment to quality and our global innovation plans has been impressive and consistent, and this contract extension recognizes the value of continuing these mutual efforts, and we are confident this extension will be mutually beneficial.' NAI, headquartered in Carlsbad, California, is a leading formulator, manufacturer and marketer of nutritional supplements and provides strategic partnering services to its customers. NAI's comprehensive partnership approach offers a wide range of innovative nutritional products and services to NAI's clients including: scientific research, proprietary ingredients, customer-specific nutritional product formulation, product testing and evaluation, marketing management and support, packaging and delivery system design, regulatory review and international product registration assistance. For more information about NAI, please see its website at This press release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts and information. These statements represent our intentions, expectations and beliefs concerning future events, including, our expectations and beliefs with respect to the impact of this Agreement on our business. We wish to caution readers these statements involve risks and uncertainties that could cause actual results and outcomes for future periods to differ materially from any forward-looking statement or views expressed herein. NAI's financial performance and the forward-looking statements contained herein are further qualified by other risks including those set forth from time to time in the documents filed by us with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. CONTACT – Michael Fortin, Chief Financial Officer, Natural Alternatives International, Inc., at 760-736-7700 or investor@ Web site: SOURCE Natural Alternatives International, in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
News18
08-07-2025
- Politics
- News18
'Fragile, Rare, Priceless': Modi Govt To Digitise India's Manuscript Heritage
In the next three years, the Narendra Modi-led government will digitise thousands of ancient Indian manuscripts. According to a government tender from National Archives of India (NAI), many of the manuscripts are 'fragile, rare, deteriorating, brittle and to be handled with great care". For the digitisation project, a sum of Rs 50 crore has already been approved. These priceless records – some written on palm leaf, birch bark, parchment, cloth, or handmade paper – span a vast linguistic spectrum, including Sanskrit, Bengali, Malayalam, Tamil, Telugu, Arabic, and Persian, as per the document accessed by News 18. Hailed as India's most ambitious civilisational archiving mission to date, the groundwork for this digital effort was laid much earlier. The culture ministry initiated the process with at least three other websites – Indian Cultures, Abhilekh Patal, and the Indian Mission for Manuscripts. For years, various government and affiliated institutions quietly collected and preserved neglected manuscripts from temple libraries, scholar households, and oral traditions. In Maharashtra, Odisha, Tamil Nadu, and Kashi, teams collaborated with traditional scholars and researchers to digitise and catalogue regional scriptural records long before it became a priority. Now, the Centre is formalising this mission. According to the official document, the digitisation project will involve several procedures including unbinding, flattening, cleaning, scanning, quality control, metadata creation, optical character recognition (OCR) for applicable languages, and long-term digital storage. Once fully digitised, the content will be integrated into existing national knowledge systems through platforms such as the National Manuscripts Repository (NAMAMI), the National Virtual Library of India (NVLI), the Digital Library of India, the Bharatavani multilingual platform, and the government's flagship portal. These platforms will allow the general public to access and read the documents. This project is aimed at digitally preserving India's ancient manuscripts and important documents. The tender also mentions that several manuscripts are in 'an extremely fragile condition, susceptible to damage due to age and lack of proper storage", and stressed on the need for non-invasive digitisation using high-resolution scanners that do not expose records to heat or harsh lighting. Experts involved in the project told News18 that this effort is more than just preservation; it is a cultural reclamation.
Business Upturn
02-06-2025
- Business
- Business Upturn
Piramal Pharma successfully clears US FDA GMP inspection at Aurora facility
By Aman Shukla Published on June 2, 2025, 10:32 IST Piramal Pharma Limited has successfully completed the US FDA Good Manufacturing Practices (GMP) inspection at its Aurora, Canada facility. The inspection took place from May 26 to May 30, 2025. The US FDA conducted a thorough general GMP inspection, evaluating the facility's compliance with stringent manufacturing standards. Piramal Pharma's Aurora site was awarded a clean slate with zero Form 483 observations and received a No Action Indicated (NAI) designation, underscoring its commitment to excellence and regulatory compliance. This successful inspection reinforces Piramal Pharma's position as a leading pharmaceutical company dedicated to maintaining the highest quality standards in drug manufacturing. The company continuously strives to ensure the safety, efficacy, and quality of its products for patients worldwide. This successful inspection reinforces Piramal Pharma's position as a leading pharmaceutical company dedicated to maintaining the highest quality standards in drug manufacturing. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
