US companies getting refunds after the Supreme Court struck down President Donald Trump's import tariffs are using the temporary windfall in a range of creative ways. The refunds are being used to cover rising costs, supplement employee retirement accounts and repay debt. Some are sharing the bounty with vendors. And a number of consumer companies are beefing up their assortment of lower-priced products and offering deals to attract budget-conscious shoppers pinched by the rising cost of living. Companies in the Russell 3000 Index mentioned tariff refunds almost 1,000 times in earnings calls and filings in July, August and September, according to a Bloomberg News analysis, almost four times more than in the previous earnings season. Consumer discretionary and staples companies accounted for more than a third of the references, disclosing the receipt of close to $9.8 billon in refunds during that period. Roughly $166 billion was paid in tariffs under the International Emergenc...
Mukesh Ambani is hosting Anant Ambani and Radhika Merchant's engagement party at his house Antilia in Mumbai. Shah Rukh Khan, Ranbir Kapoor-Alia Bhatt, Janhvi Kapoor and Ayan Mukerji led the celeb roll call. Shah Rukh Khan arrived with his manager Pooja Dadlani, while Alia and Ranbir were pictured arriving with Ayan. Ranbir looked dashing in a black kurta pyjama set, while Alia looked beautiful in a greet suit. Janhvi Kapoor looked pretty in a pink saree. Check out the pictures below:
The newly engaged couple, Anant and Radhika, was also pictured arriving at their house. For the occasion, Anant opted for a maroon ensemble, while Radhika looked pretty in a peach suit set.
Check out the pictures below:
Mukesh Ambani's younger son Anant Ambani today got engaged to his childhood friend Radhika Merchant (the daughter of industrialist Viren Merchant, CEO of a pharmaceutical manufacturing company). The couple had a traditional Roka ceremony at the Shrinathji Temple in Nathdwara, Rajasthan.
from NDTV News- Special https://ift.tt/LwH8IvR
Comments
Post a Comment