Latest news with #Zero
Bloomberg
3 hours ago
- Business
- Bloomberg
Zero: Trump's Big Beautiful Bill is a Big Climate Mess
The One Big Beautiful Bill Act cuts almost $500 billion in US clean-energy spending, just as the country was starting to get serious about its climate goals. Some say the country is acting like a petrostate, waging war against clean energy. Others are more sanguine and believe that the US will stay the course in the long term. This week on Zero, Akshat Rathi is joined by Jigar Shah, a clean energy expert and former head of the Department of Energy's Loan Programs Office, to make sense of the bill's impacts, and whether it's as bad for climate as it seems.
Indian Express
16 hours ago
- Entertainment
- Indian Express
Inside Katrina Kaif's Rs 240 cr business empire that beats Deepika Padukone's brand, owns luxury homes in Mumbai-London and a swanky car collection
Since the beginning of her career, Katrina Kaif was often dismissed as just 'a pretty face' in the Hindi film industry. But just when she had decided to pack her bags and leave, her film Namastey London (2007) became a big hit, with the audience recognising Katrina's acting chops and seeing her beyond her looks. Years later, when Katrina Kaif was at the top of her game in the Hindi film industry — with films like Bharat, Zero, Raajneeti, and Ek Tha Tiger under her belt — she decided to channel her 'pretty girl' image into a powerful business move by launching her beauty brand Kay Beauty in 2019. But how did Katrina transition from a top actor to a successful businesswoman? Here's a look at her journey: Before launching the brand, Katrina invested Rs 2.04 crore in a joint venture with leading retail company Nykaa in 2018. By 2021, that investment had grown to Rs 22 crore. This not only demonstrated Katrina's sharp business sense but also laid a solid foundation for her upcoming beauty venture with the online retail company. Despite makeup being a crowded and competitive market, Katrina managed to stand out with one single decision — co-founding the brand with Nykaa in 2019. It was her brainchild, and it quickly became one of the most sought-after makeup brands in the country. A post shared by Katrina Kaif (@katrinakaif) Katrina's love for makeup goes back to her teenage years. In an interview with Harper's Bazaar India, she shared how she used to experiment with makeup and later honed her skills as an actor and model. She said, 'Growing up, make-up was a fascination. I would visit make-up counters at malls to swatch all the lipsticks and face products. I fell in love with the colours, the textures, and the fact that you can enhance certain features of your face and create the most incredible looks. Then, once I started working as a model with the best make-up artists in the country, I learned all the tricks and tips from them. I honed the techniques that I had used or seen in my personal work and amalgamated it with professional tips that I learn along the way.' Several celebrities — Kriti Sanon, Masaba Gupta, Deepika Padukone, Mira Rajput — also launched their own skincare and beauty labels. However, none matched the scale of Katrina's success. According to a 2024 Storyboard18 report, Deepika Padukone's 82°E reported a loss of Rs 25.1 crore in the first nine months of FY2024. The report cited Deepika's brand's high pricing as a key reason for underperformance. According to the same report in 2025, in just six years, Katrina's brand has established itself among the top-selling cosmetic brands in the country. It achieved a revenue of Rs 240 crore in 2025. Beyond her successful business, Katrina also owns multiple properties in India and abroad. As per Dwello, she owns a two-storied apartment in Mumbai's posh Mourya House in Andheri West. Valued at Rs 17 crore, this is where she lived before her marriage to actor Vicky Kaushal. She also owns a house in London worth approximately Rs 7.2 crore, which serves as a base for her international travel. She currently lives with Vicky Kaushal in their lavish Juhu apartment. In April this year, Vicky renewed lease for their apartment and for which they will pay Rs. 6.2 crore rent in three years. A post shared by Katrina Kaif (@katrinakaif) A post shared by Katrina Kaif (@katrinakaif) Katrina has a taste for luxury cars. According to GQ, her most expensive car is the Range Rover Vogue LWB, costing Rs 2.37 crore. She also owns a Mercedes ML 350 (Rs 66 lakh) and an Audi Q7 (Rs 1 crore). According to Fincash, Katrina Kaif's net worth has surged to Rs 263 crore, which includes her earnings from films, brand endorsements, investments, and her beauty brand.
Business Wire
2 days ago
- Automotive
- Business Wire
Cummins Elects Matthew Tsien to its Board of Directors
COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced the election of Matthew Tsien to its Board of Directors. 'I am honored to welcome Matt to our Board of Directors,' said Jennifer Rumsey, Chair and CEO, Cummins Inc. 'His deep technical expertise, global leadership experience and strong track record of innovation will be invaluable as we advance our Destination Zero strategy and navigate an exciting, yet rapidly evolving, global landscape.' Tsien brings more than four decades of experience in the automotive industry, including senior leadership roles at General Motors (GM). Most recently, he served as the Executive Vice President and Chief Technology Officer, where he led GM's future technology initiatives and accelerated investments in electrification technologies. He also served as President of GM Ventures, overseeing the company's venture capital investments and fostering innovation, and before that served as President of GM China. Tsien currently serves as a board member for AGCO Corporation and Magna International. He holds a bachelor's degree from Kettering University and master's degrees from Standford University and Massachusetts Institute of Technology. — About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments – Engine, Components, Distribution, Power Systems and Accelera by Cummins – supported by our global manufacturing and extensive service and support network, skilled workforce and vast technological expertise. Cummins is committed to its Destination Zero strategy, which is grounded in the company's commitment to sustainability and helping its customers successfully navigate the energy transition with its broad portfolio of products. The products range from advanced diesel, natural gas, electric and hybrid powertrains and powertrain-related components including aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, electrified power systems with innovative components and subsystems, including battery, fuel cell and electric power technologies and hydrogen production technologies. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 69,600 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment, and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $3.9 billion on sales of $34.1 billion in 2024. See how Cummins is powering a world that's always on by accessing news releases and more information at Forward-looking disclosure statement Information provided in this release that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our forecasts, guidance, preliminary results, expectations, hopes, beliefs and intentions on strategies regarding the future. These forward-looking statements include, without limitation, statements relating to our plans and expectations for our revenues and EBITDA. Our actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to: any adverse consequences from changes in tariffs and other trade disruptions; any adverse consequences resulting from entering into agreements with the U.S. Environmental Protection Agency, California Air Resources Board, the Environmental and Natural Resources Division of the Department of Justice and the California Attorney General's Office to resolve certain regulatory civil claims regarding our emissions certification and compliance process for certain engines primarily used in pick-up truck applications in the U.S., which became final and effective in April 2024, including required additional mitigation projects, adverse reputational impacts and potential resulting legal actions; increased scrutiny from regulatory agencies, as well as unpredictability in the adoption, implementation and enforcement of emission standards around the world; evolving environmental and climate change legislation and regulatory initiatives; changes in international, national and regional trade laws, regulations and policies; changes in taxation; global legal and ethical compliance costs and risks; future bans or limitations on the use of diesel-powered products; raw material, transportation and labor price fluctuations and supply shortages; aligning our capacity and production with our demand; the actions of, and income from, joint ventures and other investees that we do not directly control; large truck manufacturers' and original equipment manufacturers' customers discontinuing outsourcing their engine supply needs or experiencing financial distress, or change in control; product recalls; variability in material and commodity costs; the development of new technologies that reduce demand for our current products and services; lower than expected acceptance of new or existing products or services; product liability claims; our sales mix of products; climate change, global warming, more stringent climate change regulations, accords, mitigation efforts, greenhouse gas regulations or other legislation designed to address climate change; our plan to reposition our portfolio of product offerings through exploration of strategic acquisitions, divestitures or exiting the production of certain product lines or product categories and related uncertainties of such decisions; increasing interest rates; challenging markets for talent and ability to attract, develop and retain key personnel; exposure to potential security breaches or other disruptions to our information technology (IT) environment and data security; the use of artificial intelligence in our business and in our products and challenges with properly managing its use; political, economic and other risks from operations in numerous countries including political, economic and social uncertainty and the evolving globalization of our business; competitor activity; increasing competition, including increased global competition among our customers in emerging markets; failure to meet sustainability expectations or standards, or achieve our sustainability goals; labor relations or work stoppages; foreign currency exchange rate changes; the performance of our pension plan assets and volatility of discount rates; the price and availability of energy; continued availability of financing, financial instruments and financial resources in the amounts, at the times and on the terms required to support our future business; and other risks detailed from time to time in our SEC filings, including particularly in the Risk Factors section of our 2024 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the SEC, which are available at or at in the Investor Relations section of our website.
Daily Maverick
2 days ago
- Business
- Daily Maverick
On landfills, butternut and buffets — Zero Waste Summit
The Western Cape provincial government target stipulates that 50% of organic waste should be diverted from landfills by 2022, and 100% by 2027. 'Food is as complicated as life,' said Kurt Ackermann, CEO of the SA Urban Food & Farming Trust, as he opened the Zero Waste Summit at the V&A Waterfront in Cape Town on 10 July, an event created by the Food Indaba. Petro Myburgh, sustainability manager at the V&A Waterfront, Melania Ludwig, owner of Zero to Landfill Organics, along with Roberto de Carvalho, executive chef at the Cape Town International Convention Centre (CTICC), and Alison Evans, head of Waste Markets at the City of Cape Town, were panellists at the summit, hosted by Maverick Citizen managing editor Zukiswa Pikoli. Prefacing the day's discussion, Pikoli spoke about the food justice landscape that included the eradication of food waste as a focus area, particularly in light of South Africa's hunger problem. 'Food justice emanates from the public health crisis – issues of hunger and noncommunicable diseases in South Africa,' said Pikoli. She cited the Union Against Hunger's reflections on food waste, where France's 'Garot Law' requires large supermarkets to donate rather than discard, and that South Africa could look at making similar agreements with food rescuers so the cost of transporting food would not be a barrier, and tax incentives would be provided. Landfills A total of 67% of all waste is diverted from landfills, with 200 tonnes of organic waste diverted at the V&A, Myburgh explained. 'Most waste always used to be landfilled, in a 100 to 200 years they will look at landfills and ask: why were they throwing resources into a hole?' said Evans. Organic waste creates methane, which is 20 times more potent than carbon dioxide, she explained. Organic waste is filling up landfills and we are running out of space – it takes 20 years to develop a new landfill. Evans mentioned a provincial target stipulating that 50% of organic waste should be diverted from landfills by 2022, and 100% by 2027 – a 'scary target'. 'In the city this has translated to a restriction at one of the two landfill sites. We have to take this seriously; what is the City's role in this move from putting waste in the landfills to getting it into the economy? Either feeding people, creating animal feed or composting – all the things you can do with organic waste are positive and good for the ecosystem – and can also turn it into energy through anaerobic digestion.' Evans said diverting organic waste by 100% by 2027 is an unrealistic target, bearing in mind that 'we need to move towards that target, and the City is no exception'. Since 2016 Evans's department has distributed 50,000 home composting containers to residents, which 'brings down the barrier of entry; no one is going to start a compost heap from scrap'. They have also trialled separation at the source of organic waste. Informal traders have very few ways to preserve fruit and vegetables, so from small trials they have seen that traders are very willing to separate waste and let it be picked up by the City. In trials, Evans explained, people in low-income households have come on board with separating waste because they don't want rubbish attracting rats and pests. The City of Cape Town's other role is regulator; it does not collect all waste, since the private sector does manage some of it. Policy and by-laws require large commercial waste generators to submit integrated waste management plans and be accredited, and companies doing composting have to do the same. Butternut – just use a peeler Ludwig's company helps the hospitality industry separate food waste, which she said only takes a few days to get going. 'A small restaurant produces a tonne of food waste a month, a large hotel up to 20 tonnes. An ice cream factory produces a tonne a month. It can be up to 50% of your waste.' The UK-developed Guardians of Grub is a tool that helps hospitality companies save money through tracking waste. Ludwig's company will provide feedback on what is discarded, to improve their edible food redistribution and 'save the planet at the same time'. Love Food Hate Waste is a tool for individuals to minimise food waste, which Ludwig recommended. Common reusable items include the end slices of bread loaves and potato peels. Peeling a butternut with a knife rather than a peeler wastes 20% of edible butternut, she explained. 'There's always food that is not edible – eggshells, teabags, bones, banana peels – but let's keep edible food in the chain.' Staff meals and smaller plates Pikoli asked De Carvalho what the strategies are for waste when hosting large events at the CTICC. 'The best way is not to create waste in the first place… If you plan accordingly there's a lot of food you can save,' he said. The CTICC gives all the staff a meal (9,000 meals per month) and 70% of food is then recovered from functions. If there is an event requiring 10 buffets, they have to keep all 10 looking stocked. So, they decided to keep more in fridges and only put it out when necessary. De Carvalho has also found that if they make the serving plates smaller, people eat less. Another strategy to reduce waste is to create set menus for people of exact portions. This financial year they have separated 10 tonnes of organic waste at source. They also found that through feeding staff they diverted 3.5 tonnes of food from a landfill. 'Charity starts at home. Also, the staff come from vulnerable communities and now they have something in their stomachs when serving these people,' De Carvalho said. The CTICC gives away used cooking oil for biodiesel. The fat trap (where oils, grease and fat are prevented from going into the wastewater system) collects fat for compost. They are in the planning stages of creating a garden for the kitchen. AI on the recycling belt Myburgh said her first goal at the V&A was diverting 30% of waste. It was a challenge, and separation at source was the most important intervention. They have intensified organic waste and recycling through issuing a cheap ice cream bucket for the restaurants to dispose of food waste, along with continual training and education, as well as kitchen audits. They operate an on-site waste recovery centre, and Myburgh says that seeing 130 people working on it is 'poetry in motion'. There's a clean and a dirty belt of waste, ensuring 120 to 160 tonnes is available for recycling and 200 tonnes of organic waste avoid landfills. AI is now being used on the belt to recognise contaminated waste, to salvage more. The last statistics Myburgh found that 88% of landfilled waste is still organic and 26% labelled as organic is not. That is why it is crucial to get separation at source right. Cheaper to chuck away? It costs R900 to dump a tonne of waste into a landfill in Cape Town, and R200 elsewhere in South Africa, Ludwig said. She's found the reluctance to start composting is down to economics and effort – it requires a bit of effort to have a number of bins to sort your waste. She explained that 4,000 tonnes dumped daily in landfills in Cape Town is organic. Her facility works with 250 tonnes a month. She wants to get to a point where 4,000 tonnes are made into compost, and we stop using fossil fuels as fertilisers. 'It's been so easy to throw it in the bin. We're not asking you to recycle, just separate. Don't put straws, sugar packets, etc in organic waste – these small items are what's contaminating the waste. The glass stopper on bottles goes into compost, then we can't use it,' said Ludwig. 'And wrappers on sweets – nobody died from eating a mint that wasn't wrapped in plastic.' DM
Hindustan Times
4 days ago
- Entertainment
- Hindustan Times
Anushka Sharma fans react to video of Virat Kohli's gesture when asked about her, kids at event: ‘Such a cutie patootie'
Internet is yet again smitten by cricketer Virat Kohli's gesture for wife-actor Anushka Sharma. A person taking to X (formerly Twitter), shared a video of Virat at an event chatting with friends. Anushka didn't accompany him to the event. Anushka Sharma and Virat Kohli tied the knot in 2017. Virat Kohli's sweet gesture about Anushka Sharma wins internet's hearts In the video, Virat waved, smiled at a person and asked, "How are you doing?" The person asked about Anushka. Virat then gestured "sleeping" and "babies" at the person. He then gave a big smile, nodded and flashed the thumbs up sign. The words in the video read, "Such a gentleman, I asked where is Anushka and he said at home with a baby (red heart emoji) (sic)." Virat and Anushka have two kids--daughter Vamika and son Akaay. Internet reacts to Virat's video Reacting to the clip, a person said, "When a friend asked about Anushka Sharma & the kids, Virat Kohli gave a reply that fans are calling 'dad goals'." A fan said, "Virat wins fans' hearts every time. He is such a cutie patootie." A comment read, "The humble smile. The proud eyes." "That was pure love and warmth! Virat's smile, the way he spoke about Anushka and the kids — you can feel the happiness. Truly the cutest video of the day!" a tweet read. "The way Virat Kohli smiled and replied when his friend asked about Anushka Sharma & the kids. Husband goals, dad goals, gentleman goals," said another person. Virat and Anushka were recently in London A few days ago, Virat and Anushka were spotted at the centre court of Wimbledon. The couple was there to witness Novak Djokovic's thrilling round of 16 win against Australia's Alex de Minaur in the Wimbledon 2025 Championships. Virat and Anushka were seen sitting in the stands alongside other spectators. While he wore a brown blazer for the outing, Anushka looked elegant and classy in a white blazer. About Virat and Anushka Virat and Anushka tied the knot in Italy on December 11, 2017 in Italy. The duo was blessed with Vamika on January 11, 2021. The couple was tight-lipped about their second pregnancy. On February 15, 2024, they became parents to Akaay. About Anushka's next film Fans will see Anushka in the sports biopic film Chakda Xpress. The project is based on the life of former Indian cricketer Jhulan Goswami and will stream on Netflix India. The final release date of the film is still awaited. She was last seen in Zero (2018), a comedy-drama film directed by Aanand L Rai. The film also starred Shah Rukh Khan and Katrina Kaif.
