
VB Prabhu Verlekar Q Our litigation cases in all Courts at different levels are swelling, thereby denying timely justice to public as also affecting ease of doing business. We are inviting suggestions from various stake holders of Society to present to Central Government as also Supreme Court. With your experience, do you have any suggestions to make? Secretary, Young Advocates Forum (Goa Branch) Presently over 4.5 crores cases are pending in various Courts. At the present rate of disposal, it will take 324 years to dispose without considering new additions as per the Niti Aayog report. This great challenge cannot be solved only by increasing number of courts, judges, court infrastructure, three-shift courts, virtual courts, alternate dispute resolution mechanism, restricting adjournments or any other method unless high level sophisticated AI Technology tools like Chat GPT is used extensively in drafting court judgements by feeding basic facts, arguments submitted and cases cited by both the parties. The draft of the order will be ready within 10 minutes after considering all the judgements available on the subject in the web space. The judges can make changes after going through the draft and then sign the judgement order. For feeding the data, trained law graduates can be used. Initially Chat GPT can be used for straight forward disputes like bail, negotiable instrument claims, debt recoveries, consent decrees, ompensation claims etc. For this, judges, court clerks should be trained to use the tool effectively by holding, prompt engineering, workshops for drafting quality judgements. For criminal cases, day and night camp courts should be setup in jails and poor under trial prisoners for petty offences should be released with minor punishments. Argentina and Colombia Courts effectively use Chat GPT tool. Young junior judges should try this tool and see the fantastic results. Q. We are running a hospital. Before we discharge a patient he is required to make payment of hospital charges in full in cash since receiving payment by cheques is risky. Very often payment runs into lakhs. Are there any restrictions to receive payment in cash as per the Income Tax Act? Health Care Givers, Belgaum. Hospitals in India can accept payments in cash from patients under Income Tax Act. However, there are certain restrictions and compliance requirements. Under Section 269 ST no person can receive an amount of Rs. 2 lakh or more in cash from a single person in a day or in respect of a single transaction. Therefore, if your hospital receives cash from a patient exceeding Rs 2 lakhs in violation of this provision, the hospital may have to pay 100 per cent penalty on the amount received. Also note that you are required to obtain PAN number from the patient making cash payments of Rs 50,000 or more and report this to the tax authorities as per IT Rules. Q. I am an Israeli engineer working on a project in India under “resident visa” in Bangalore and visit Goa every weekend. I intend to buy an apartment here. Can a foreign national who is, a person resident in India purchase immovable property in India? Hiam Abbass, Bangalore Yes. A foreign national who is a ‘person resident in India’ within the meaning of Section 29 of FEMA, 1999 can purchase immovable property in India, but the person concerned would have to obtain the approvals and fulfil the requirements, if any, prescribed by other authorities, such as the concerned State Government etc. The onus to prove the residential status is on the individual as per FEMA provisions, if required by any authority. However, a foreign national, resident in India who is citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Nepal and Bhutan would require prior approval of the Reserve Bank. Q I wish to open a PPF account in the name of my minor son to get tax free income and claim deduction of Rs. 1.50 lakhs under section 80C of IT Act. Is it possible? Arvind S. Kamat, Taleigao. Under new Public Provident Fund (PPF) rules, PPF accounts opened for minors will earn interest at Post Office Saving Account rates i.e. around 4% until the minor turns 18. This interest is exempt up to Rs 10,000. The maturity period of 15 years for these accounts will start on the minor’s 18th birth date. Separate deduction of Rs. 1.50 lakhs u/s 80C is not separately available for minor. This limit will combine with parents PPF contribution. Q. My ailing uncle is in old age home confined to bed with dementia. He earns government pension of around Rs. 10 Lakhs, besides interest on bank deposits. Is there any exemption from filing tax return available in such cases? Carlos S Castelino- Sanvordem Section 194P of I.T. Act provides conditions for exempting senior citizens of 75 years and above from filing tax returns subject to conditions that the senior citizen is resident in India and must have pension income and interest income from a single designated bank account on savings and deposits only. The same should be earned from the same bank in which he is receiving pension. For this one should submit a declaration in Form 12BBA giving specified information to enable bank to deduct TDS. Only when TDS is deducted, he is exempt from filing tax return. The writer is well established, senior practising chartered accountant with wide experience in taxation and finance. He is also a strategist in turn round management of institutions.
DEAR ABBY: My best friend of 40 years, "Savannah," has been in a bad marriage for 20 of those. Her husband has cheated on her repeatedly. He can't keep a job, and he emotionally abuses her and her daughter. Now that she's finally fed up, he refuses to leave the house. Despite how bad his behavior has been, Savannah is doing nothing to move the divorce forward. She continues paying for his travel and includes him in family get-togethers in what she calls a "sacrifice," made at her daughter's request. It has been incredibly difficult to be supportive, hear about how harmful this has been, support her when she says she's getting out, and then hear that for one reason or another he's still there. When I challenge her and suggest she's making excuses for not progressing with the divorce, she becomes defensive and shuts down the conversation. Over the last two years, she has taken to calling me twice a day, and becomes frustrated if I don't answer. I have asked her to stop telling me stories about her husband's behavior -- which usually lasts a week or two. I am at my wits' end about how to be a good friend without taking on the stress of her horrible situation and feeling generally overwhelmed by her outreach. What can I do to help her, but also prevent our friendship from imploding? -- WEARY FRIEND IN MICHIGAN DEAR WEARY FRIEND: What you may need to do is accept that one of the reasons Savannah's dysfunctional marriage has lasted as long as it has is because she wants it to. She doesn't need to move forward because she has you to dump on when the pressure becomes too great. It may be time to stop focusing on what you can do to help Savannah and concentrate on what you need to do to help yourself. If that means stepping back and letting her find solutions to her problems without your help, don't feel guilty for doing it. DEAR ABBY: For years, a group of us former co-workers has been going out to dinner once a month. My daughter is part of the group and is also the youngest. Lately, she has been dismissed and ignored by two members of our group (there are six of us). Being her mother, I am hurt by how they have treated her. She has stopped going out with us, but I'm uncertain if I should also stop. They have been nothing but nice to me. I'm lost on what to do anymore -- to go, or not to go? -- HURT IN THE MIDWEST DEAR HURT: Have you asked these two former co-workers why they made your daughter feel unwelcome? Their behavior was rude. Have you asked the two who were welcoming what they think about all of this? Perhaps you (and your daughter) would feel more comfortable socializing with only them. That said, I do not think you should drop out of the group if you enjoy their company.Magic Publishers Unveils Its New Product, The Santa Muerte Colors Tarot Deck
Syrian government services come to ‘complete halt’ as workers stay at homeKenny Dillingham and the Arizona State Sun Devils have become the talk of the college football world over the last month as they continue to ascend in the rankings and have become one of the most interesting teams in the nation. Originally predicted to finish dead last in the Big 12 Conference this year, Dillingham has flipped the script in his second year as the head coach in Tempe, and has his team playing for a spot in the conference championship game with an 8-2 record. Coming into Saturday with a huge game against the BYU Cougars, Dillingham made it clear that he was pulling out all of the stops with hopes to win and keep their College Football Playoff hopes alive. One of those "stops" — a brilliant onside-kick in the first half with his team leading 14-0 — had fans on social media talking about Dillingham's former coach with the Oregon Ducks, Dan Lanning. © Joe Rondone/The Republic / USA TODAY NETWORK via Imagn Images Lanning and the Ducks have gone for unexpected onside kicks multiple times over the last few years, including once this year against the Ohio State Buckeyes where the kicker aimed straight for a front-line player, drilled him in the stomach, and had an Oregon player hop on the ball. The Ducks also surprised Chip Kelly and the UCLA Bruins with a first-half onside kick a couple of years ago in an advantageous spot. It's clear that Dillingham remembered, and deployed the same tactics on Saturday against BYU. When you have a 34 year old head coach, you call an onside kick up 14-0... and you recover it Kenny Dillingham, ladies and gentleman pic.twitter.com/qAXOHr7wWh Kenny Dillingham took a page out of Dan Lanning’s book👀 pic.twitter.com/xPDCY5gkIc Kenny Dillingham with his best Dan Lanning impression with that onside kick Dan Lanning watching Dillingham call an onside kick in the middle of the game. pic.twitter.com/g3OYFaedbb Kenny Dillingham really is Dan Lanning Jr. 🥹 ASU's kick wasn't quite as savage as drilling an opposing player in the stomach, but the result was all the same, and led to a third rushing touchdown for ASU running back Cam Skattebo, putting the Sun Devils up 21-0. We will see how the rest of the game plays out, but it's pretty clear that Dillingham has his team firing on all cylinders and playing some of their best football in the first half against BYU. If they can keep this up, there may be a world in the future where Dillingham and the Sun Devils might face Lanning and the Ducks in the playoff down the road. Related: Fans Regret College Football Playoff Expansion After Ohio State-Indiana Blowout
Tim Davis And Family Build A Legacy With Dickey’S Barbecue Pit In North Branch, Minnesota
RICHMOND, Ky. (AP) — Matt Morrissey threw a 67-yard touchdown pass to Marcus Calwise Jr. that ended the scoring midway through the fourth quarter and Eastern Kentucky beat North Alabama 21-15 on Saturday for its fifth straight win. TJ Smith drove North Alabama to the EKU 45-yard line before he threw an interception to Mike Smith Jr. to end the game. Smith threw a 24-yard touchdown pass to Dakota Warfield to give North Alabama a 15-14 lead with 10:37 to play. Morrissey completed 9 of 15 passes for 154 yards and added 60 yards on the ground with a touchdown run. Brayden Latham added 103 yards rushing on 19 carries that included a 2-yard score for Eastern Kentucky (8-4, 6-2 United Athletic Conference). Smith was 23-of-39 passing for 325 yards with a touchdown and two interceptions for North Alabama (3-9, 2-5). Tanaka Scott had 109 yards receiving and a touchdown catch. ___ Get alerts on the latest AP Top 25 poll throughout the season. Sign up here ___ AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballAl-Sisi highlights digital transformation, ICT growth
BlackBerry Ltd. stock outperforms competitors on strong trading dayGoogle names UK executive as president for Europe, Middle East and AfricaHemanth Muddappa of Mantra Racing reinforced his status as the “Drag King” by notching up a triple crown in the fourth and final round of the MMSC fmsci Indian National Motorcycle Drag Racing Championship at the Madras International Circuit (MIC) here on Sunday. Muddappa took his tally of National titles to 15, making him the country’s most decorated motorsport athlete. Despite nursing a fractured right thumb suffered in a crash during a recent competition in Amby Valley, Muddappa, aided by painkillers, managed to race in the final round after securing medical clearance. “I have no words to express my feelings. It’s surreal that I have so far won 15 National titles. However, much of the credit goes to my team, Mantra Racing, who worked hard to prepare a winning bike for me. Due to rains, the track was cold, and so the timings were slower,” said Muddappa. The results (Provisional, all 4-Stroke unless mentioned): Unrestricted: 1. Hemanth Muddappa (Mantra Racing) 7.837s; 2. S.P. Sugan Prasad (Mantra Racing) 7.970; 3. Khaja Awais Ahmed 8.060. Rider champion: Muddappa; Champion team: Mantra Racing. 1051cc - 1650cc (Super Sport): 1. Mujahid Pasha (Fast Track Racing) 7.950; 2. Ayman Baig 8.169; 3. Alimon (Fast Track Racing) 8.288. Rider champion: Muddappa; Champion Team: Fast Track Racing. 851cc - 1050cc (SS): 1. Muddappa 7.926; 2. Ahmed 8.126; 3. Sugan Prasad 8.196. Rider champion: Muddappa; Champion team: Mantra Racing. 551cc - 850cc (SS): 1. Muddappa 8.275; 2. Mohammed Riyaz (Fast Track Racing) 8.275; 3. Altaf Khan (Fast Track Racing) 8.306. Note: Muddappa and Riyaz tied with same timing. Muddappa with a faster “Reaction Time” was placed first. Rider champion: Mohammed Riyaz; Champion Team: Fast Track Racing. 361cc - 550cc (SS Indian): 1. Iqbal Sheik 11.281; 2. Shahrukh Khan (Mantra Racing) 11.599; 3. Naveed Ahmed 11.991. Rider champion: Shahrukh Khan; Team champion: Mantra Racing. 166cc - 225cc (SS): 1. S. Prashanth 13.075; 2. K. Prashanth 13.395; 3. R. Shahinsha 13.582. Rider champion: Prashanth. Up to 165cc (SS Indian): 1. Mohan Babu (Rockers Racing) 13.541; 2. Iqbal Sheikh 13.656; 3. J. Bharathraj (Rockers Racing) 13.743. Rider Champion: Bharathraj; Champion team: Rockers Racing. Girls (Stock Up to 165cc): 1. Jagathishree Kumaresan (One Racing) 16.463; 2. S.P. Shuria (One Racing) 16.886. Rider champion: Jagathishree; Champion team: One Racing. 2-Stroke 131cc - 165cc (SS): 1. Syed Imran (Fast Track Racing) 12.307; 2. Prashanth 12.538; 3. R. Balasubramanian (ACCSYS India Rookies Racing) 12.767. Rider Champion: Syed Imran; Champion team: Fast Track Racing. 2S Up to 130cc (SS): 1. Syed Imran 12.781; 2. Shahrukh 12.826; 3. Shaikh Sabitullah (Fast Track Racing) 13.178. Rider Champion: Shahrukh Khan; Champion team: Big Boys Racing Team. Published - December 29, 2024 07:46 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit motorsport / motorcycling / motor racing / sport / sports event / national championship / national tournament
Photos: Remembering Jimmy Carter, the 39th US presidentClaudia Sheinbaum says Mexico is ready to receive deported immigrants from U.S. if necessaryTravel Market , 39% Of Growth To Originate From APAC, Technavio
Healthcare Facilities Management Market: Trends, Size, Share, Growth, and Demand 2031 12-16-2024 07:33 PM CET | Health & Medicine Press release from: Data Bridge Market Research (DBMR) Healthcare Facilities Management Market The healthcare facilities management market has grown significantly in recent years, reflecting the increasing complexities and demands of modern healthcare systems. With the healthcare sector rapidly evolving, effective management of facilities has become critical for ensuring operational efficiency, patient satisfaction, and regulatory compliance. This article delves into the key aspects of this burgeoning market, including its trends, size, share, growth, and projected demand up to 2031. Access Full 350 Pages PDF Report @ https://www.databridgemarketresearch.com/reports/global-healthcare-facilities-management-market Healthcare facilities management involves the maintenance and oversight of healthcare infrastructure, ensuring that facilities are clean, safe, and operationally efficient. This field encompasses a wide range of services, including maintenance, waste management, security, catering, and more. The rising need for streamlined operations, coupled with the growing emphasis on patient care, has elevated the importance of effective facilities management. In the wake of the COVID-19 pandemic, healthcare facilities have faced unprecedented challenges, from managing increased patient volumes to ensuring infection control. These developments have further underscored the necessity of robust facilities management systems. Trends Shaping the Healthcare Facilities Management Market Integration of Technology: Technology plays a pivotal role in transforming healthcare facilities management. The adoption of IoT devices, AI-powered predictive maintenance, and automated workflows is enhancing efficiency and reducing costs. Smart facilities equipped with real-time monitoring systems are becoming the norm. Focus on Sustainability: With the global emphasis on sustainability, healthcare facilities are prioritizing eco-friendly practices. This includes energy-efficient buildings, waste recycling programs, and the use of renewable energy sources. Green building certifications are gaining traction in the industry. Outsourcing of Services: Many healthcare providers are outsourcing facilities management services to specialized companies. This allows them to focus on core medical services while benefiting from the expertise and cost-effectiveness of third-party providers. Rising Demand for Infection Control: The pandemic has heightened awareness around infection prevention and control. Facilities are investing in advanced cleaning technologies, air purification systems, and staff training programs to maintain high hygiene standards. Patient-Centric Facilities: Modern healthcare facilities are designed with the patient experience in mind. Comfortable waiting areas, clear navigation systems, and personalized services are becoming integral to facilities management strategies. Market Size and Share The global healthcare facilities management market size was valued at USD 318.57 million in 2023 and is projected to reach USD 739.48 million by 2031, with a CAGR of 11.10% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework. In terms of market share, North America dominates the healthcare facilities management market, owing to its advanced healthcare infrastructure and high adoption of technology. Europe follows closely, with significant investments in sustainable healthcare solutions. The Asia-Pacific region is expected to witness the fastest growth, driven by expanding healthcare sectors in countries like China and India. Growth Drivers Several factors are propelling the growth of the healthcare facilities management market: Aging Population: The rising elderly population increases the demand for healthcare services, necessitating efficient facilities management to accommodate their needs. Healthcare Infrastructure Development: Emerging economies are investing heavily in healthcare infrastructure, creating opportunities for facilities management providers. Regulatory Requirements: Strict regulations regarding healthcare facility operations drive the adoption of comprehensive management systems to ensure compliance. Technological Advancements: Innovations in facilities management solutions are enabling healthcare providers to optimize operations and reduce costs. Increased Focus on Patient Safety: Enhanced safety protocols and infection control measures are fostering the demand for advanced facilities management services. Demand Projections for 2031 Looking ahead, the demand for healthcare facilities management services is expected to soar by 2031. Key factors influencing this demand include: Global Healthcare Expansion: The construction of new hospitals and clinics in response to growing healthcare needs will fuel the demand for facilities management services. Technological Integration: The proliferation of smart technologies in healthcare facilities will drive the adoption of tech-enabled management solutions. Focus on Operational Efficiency: As healthcare providers strive to improve operational efficiency and reduce costs, the need for professional facilities management services will grow. Environmental Concerns: Sustainability initiatives in healthcare will boost the demand for eco-friendly facilities management practices. Browse Trending Reports: https://aimarketresearch2024.blogspot.com/2024/12/lab-supplies-market-size-share-trends.html https://aimarketresearch2024.blogspot.com/2024/12/microbial-air-sampler-market-size-share.html https://aimarketresearch2024.blogspot.com/2024/12/tumor-necrosis-factor-inhibitor-drugs.html https://aimarketresearch2024.blogspot.com/2024/12/non-cardioselective-beta-blockers_16.html Conclusion The healthcare facilities management market is poised for significant growth in the coming years. With advancements in technology, a heightened focus on sustainability, and the increasing complexity of healthcare operations, the demand for effective facilities management services is set to rise. As we approach 2031, stakeholders in the healthcare sector must prioritize robust facilities management strategies to ensure optimal performance, regulatory compliance, and enhanced patient experiences. About Data Bridge Market Research: Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Contact Us: Data Bridge Market Research US: +1 614 591 3140 UK: +44 845 154 9652 APAC : +653 1251 975 Email: corporatesales@databridgemarketresearch.com" This release was published on openPR.Mr Carter, a former peanut farmer, served one term in the White House between 1977 and 1981, taking over in the wake of the Watergate scandal and the end of the Vietnam War. After his defeat by Ronald Reagan, he spent his post-presidency years as a global humanitarian, winning the Nobel Peace Prize in 2002. His death on Sunday was announced by his family and came more than a year after he decided to enter hospice care. He was the longest-lived US president. Our founder, former U.S. President Jimmy Carter, passed away this afternoon in Plains, Georgia. pic.twitter.com/aqYmcE9tXi — The Carter Center (@CarterCenter) December 29, 2024 His son, Chip Carter, said: “My father was a hero, not only to me but to everyone who believes in peace, human rights and unselfish love. “My brothers, sister and I shared him with the rest of the world through these common beliefs. “The world is our family because of the way he brought people together, and we thank you for honouring his memory by continuing to live these shared beliefs.” World leaders have paid tribute to Mr Carter, including US President Joe Biden, who was one of the first politicians to endorse Mr Carter for president in 1976 and said the world had “lost an extraordinary leader, statesman and humanitarian”. He said: “Over six decades, we had the honour of calling Jimmy Carter a dear friend. But, what’s extraordinary about Jimmy Carter, though, is that millions of people throughout America and the world who never met him thought of him as a dear friend as well. “With his compassion and moral clarity, he worked to eradicate disease, forge peace, advance civil rights and human rights, promote free and fair elections, house the homeless, and always advocate for the least among us. “He saved, lifted, and changed the lives of people all across the globe.” Irish President Michael D Higgins said Mr Carter was “a principled man who dedicated his life to seeking to advance the cause of peace across the world”. He added: “On behalf of the people of Ireland, may I express my sympathies to President Carter’s children and extended family, to President Joe Biden, to the people of the United States, and to his wide circle of colleagues and friends across the globe.” Mr Carter is expected to receive a state funeral featuring public observances in Atlanta and Washington DC before being buried in his home town of Plains, Georgia. A moderate democrat born in Plains in October 1924, Mr Carter’s political career took him from the Georgia state senate to the state governorship and finally, the White House, where he took office as the 39th president. His presidency saw economic disruption amid volatile oil prices, along with social tensions at home and challenges abroad including the Iranian revolution that sparked a 444-day hostage crisis at the US embassy in Tehran. But he also brokered the Camp David Accords between Egypt and Israel, which led to a peace treaty between the two countries in 1979. After his defeat in the 1980 presidential election, he worked for more than four decades leading the Carter Centre, which he and his late wife Rosalynn co-founded in 1982 to “wage peace, fight disease, and build hope”. Under his leadership, the Carter Center managed to virtually eliminate Guinea Worm disease, which has gone from affecting 3.5 million people in Africa and Asia in 1986 to just 14 in 2023. Mrs Carter, who died last year aged 96, had played a more active role in her husband’s presidency than previous first ladies, with Mr Carter saying she had been “my equal partner in everything I ever accomplished”. Earlier this year, on his 100th birthday, Mr Carter received a private congratulatory message from the King, expressing admiration for his life of public service.
Digital Nation Pakistan Bill 2024 tabled in National AssemblyOmnicom has confirmed its acquisition of The Interpublic Group of Companies, Inc. On Monday, the board of directors for the holding companies unanimously approved a definitive agreement pursuant to which Omnicom will acquire Interpublic in a stock-for-stock transaction. The acquisition of Interpublic will make the combined holding companies the industry’s deepest bench of marketing talent, and the broadest and most innovative services and products. Agencies under Interpublic include Initiative, Kinesso, Magna, McCann, Mediahub, R/GA and UM. These add to Omnicom’s current stable of Hearts & Science, OMD, PHD, BBDO, TBWA and Flywheel. The new Omnicom will have over 100,000 expert practitioners. The company will deliver end-to-end services across media, precision marketing, CRM, data, digital commerce, advertising, healthcare, public relations and branding. The executive leadership of the business sees John Wren remain chairman and CEO of Omnicom. Phil Angelastro will remain EVP & CFO of Omnicom. Philippe Krakowsky and Daryl Simm will serve as co-presidents and COOs of Omnicom. Krakowsky will also be co-chair of the Integration Committee post-merger. Three current members of the Interpublic Board of Directors, including Krakowsky, will be welcomed to the Omnicom board of directors. John Wren will remain chairman and CEO of Omnicom. Phil Angelastro will remain EVP & CFO of Omnicom. Philippe Krakowsky and Daryl Simm will serve as co-presidents and COOs of Omnicom. Krakowsky will also be co-chair of the Integration Committee post-merger. Three current members of the Interpublic Board of Directors, including Philippe Krakowsky , will be welcomed to the Omnicom board of directors. “This strategic acquisition creates significant value for both sets of shareholders by combining world-class, highly complementary data and technology platforms enabling new offerings to better serve our clients and drive growth,” said Wren . “Through this combination, we are poised to accelerate innovation and harness the significant opportunities created by new technologies in this era of exponential change. Now is the perfect time to bring together our technologies, capabilities, talent and geographic footprints to bring clients superior, data-driven outcomes. We are excited to welcome Philippe and the entire Interpublic team to the Omnicom family.” “This combination represents a tremendous strategic opportunity for our stakeholders, amplifying our investments in platform capabilities and talent as part of a more expansive network,” said Philippe Krakowsky , Interpublic’s CEO. “Our two companies have highly complementary offerings, geographic presence and cultures. We also share a foundational belief in the power of ideas, enabled by technology and data. “By joining Omnicom, we are creating a uniquely comprehensive portfolio of services that will make us the most powerful marketing and sales partner in a world that’s changing at speed. We look forward to working with John and the entire Omnicom team,” Krakowsky added. The agreement will see Interpublic shareholders receive 0.344 Omnicom shares for each share of Interpublic common stock they own. Following the close of the transaction, Omnicom shareholders will own 60.6% of the combined company, and Interpublic shareholders will own 39.4% on a fully diluted basis. The transaction is expected to generate annual cost synergies of $750 million. The stock-for-stock transaction is expected to be tax-free to both Omnicom and Interpublic shareholders and is expected to close in the second half of 2025, subject to Omnicom and Interpublic shareholder approvals, required regulatory approvals, and other customary conditions. – Top image: John Wren and Philippe Krawkowsky – Keep on top of the most important media, marketing, and agency news each day with the Mediaweek Morning Report – delivered for free every morning to your inbox.
Jimmy Carter, 39th U.S. president, Nobel winner, dies at 100By Bill Barrow | Associated Press WASHINGTON — President-elect Donald Trump said Saturday that he will nominate former White House aide Brooke Rollins to be his agriculture secretary. Rollins, who heads the Trump-allies America First Policy Institute, was the director of his office of American innovation in his first term. The nomination must be confirmed by the Republican-led Senate. Rollins would succeed Tom Vilsack , President Joe Biden’s agriculture secretary who oversees the sprawling agency that controls policies, regulations and aid programs related to farming, forestry, ranching, food quality and nutrition.