Met Gala returns: A guide to fashion’s big night

It started in 1948 as a society midnight supper, and it wasn’t even at the Met

Fast forward 70-plus years, and the Met Gala is something totally different, one of the most photographed events in the world for its head-spinning red carpet — though the famous carpeted steps of the Metropolitan Museum of Art aren’t always red. We’re talking Rihanna as a bejeweled pope. Zendaya as Cinderella with a light-up gown. Katy Perry as a chandelier morphing into a hamburger. Also: Beyoncé in her “naked dress.” Kim Kardashian in a face-covering bodysuit. Billy Porter as an Egyptian sun god, carried on a litter by six shirtless men. And Lady Gaga’s 16-minute striptease.

Leena Gandhi Tewari: India's leading woman entrepreneur who loves to be part of humanitarian projec

Leena Gandhi Tewari is a leading Indian Businesswoman and an author. She is the chairperson of USV Private Limited which is a multinational pharmaceutical and biotechnology company based in Mumbai. Lenna's current net worth is valued at $4.4 billion. She was 43rd in Forbe's 2021 list of richest Indians and 859th in Forbes's 2021 list of top billionaires of the world.

The 64-year-old was also placed 23rd in the Hurun India Philanthropy List of 2019 with donations of around $5 million i.e. around Rs. 34 crores. The list of achievements don't stop there, she also ranked 3rd in Women Philanthropist of 2019 list by the Hurun Report India Philanthropy List and has actively been a part of humanitarian projects.

USV Private Limited is a company with a revenue of $511 million and is run by her husband, Prashant, Managing Director of USV Pvt. Ltd. The Company specializes in diabetic and cardiovascular drugs as well as biosimilar drugs, injectables, and active pharmaceutical ingredients. USV was founded by Leena's grandfather Vithal Balkrishna Gandhi in 1961. He was a well-known politician and social reformer. The company initially imported medicines before branching off into manufacturing in a joint venture with the American company. Revlon. In 2018, USV acquired German generics firm Juta Pharma for an undisclosed sum.

IPO funds to make Devyani International debt free: Ravi Kant Jaipuria

The key brands clearly are KFC, Pizza Hut, Costa Coffee and our home grown brand which is Vaango and Food Street. A slew of our own brands are doing extremely well as well as the top international brands which we are carrying. There is a huge headroom for us to grow. We are in the fast food market and there is no reason why the growth should not come for these brands.

The fund that has been raised via IPO is going to be used for repayment or rather prepayment of all or certain borrowings as well as general corporate purposes. Does this include your expansion plans as well?

The funds are mainly going to be used for repaying debt. The company will practically become debt free after this and the company will generate enough cash for the growth it needs. So, the company will not need to further dilute or borrow for expansion plans.

Read More : https://economictimes.indiatimes.com/markets/expert-view/ipo-funds-to-make-devyani-international-debt-free-ravi-kant-jaipuria/articleshow/85367425.cms