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RICHMOND, Va. , Nov. 22, 2024 /PRNewswire/ -- Universal Corporation (NYSE:UVV) ("Universal" or the "Company"), a global business-to-business agriproducts company, today announced that, as expected, on November 19, 2024 , it received a notice (the "NYSE Notice") from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the "Form 10-Q") with the U.S. Securities and Exchange Commission (the "SEC") prior to November 18, 2024 , the end of the extension period provided by Rule 12b -25 under the Securities Exchange Act of 1934, as amended. The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE. The NYSE Notice informed the Company that, under NYSE rules, the Company has six months from November 18, 2024 , to regain compliance with the NYSE listing standards by filing the Form 10-Q with the SEC. If the Company fails to file the Form 10-Q within the six-month period, the NYSE may grant, in its sole discretion, an extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances. The NYSE Notice also noted that the NYSE may nevertheless, in its own discretion, commence delisting proceedings at any time during such period. As previously disclosed in the Company's Notification of Late Filing on Form 12b-25, filed on November 12, 2024 (the "Form 12b-25") with the SEC, the Company was unable to file the Form 10-Q on a timely basis due to an ongoing internal investigation. As a result of the additional time required to complete its internal investigation, the process of finalizing financial statements for the second quarter of fiscal year 2025 could not be completed on a timely basis. The Company is committed to completing a deliberate, thorough investigation while diligently working to fulfill all reporting obligations and currently expects to file the Form 10-Q within the six-month period granted by the NYSE Notice; however, there can be no assurance that the Form 10-Q will be filed within such period. About Universal Corporation Universal Corporation (NYSE: UVV) is a global agricultural company with over 100 years of experience supplying products and innovative solutions to meet our customers' evolving needs and precise specifications. Through our diverse network of farmers and partners across more than 30 countries on five continents, we are a trusted provider of high-quality, traceable products. We leverage our extensive supply chain expertise, global reach, integrated processing capabilities, and commitment to sustainability to provide a range of products and services designed to drive efficiency and deliver value to our customers. For more information, visit www.universalcorp.com . CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Among other things, these statements include statements regarding expectations about the Company's filing of its Form 10-Q for the quarter ended September 30, 2024 . These forward-looking statements are generally identified by the use of words such as we "expect," "believe," "anticipate," "could," "should," "may," "plan," "will," "predict," "estimate," and similar expressions or words of similar import. These forward-looking statements are based upon management's current knowledge and assumptions about future events and involve risks and uncertainties that could cause actual results, performance, or achievements to be materially different from any anticipated results, prospects, performance, or achievements expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the uncertainty of the ultimate findings of the ongoing internal investigation, as well as the timing of its completion and costs and expenses arising out of the ongoing internal investigation process and its results; the impact of the ongoing internal investigation on us, our management and operations, including financial impact as well as any litigation or regulatory action that may arise from the ongoing internal investigation; the impact of the internal investigation on our conclusions regarding the effectiveness of our internal control over financial reporting and our disclosure controls and procedures; our ability to regain compliance with NYSE listing requirements; success in pursuing strategic investments or acquisitions and integration of new businesses and the impact of these new businesses on future results; product purchased not meeting quality and quantity requirements; our reliance on a few large customers; our ability to maintain effective information technology systems and safeguard confidential information; anticipated levels of demand for and supply of our products and services; costs incurred in providing these products and services including increased transportation costs and delays attributed to global supply chain challenges; timing of shipments to customers; higher inflation rates; changes in market structure; government regulation and other stakeholder expectations; economic and political conditions in the countries in which we and our customers operate, including the ongoing impacts from international conflicts; product taxation; industry consolidation and evolution; changes in exchange rates and interest rates; impacts of regulation and litigation on its customers; industry-specific risks related to its plant-based ingredient businesses; exposure to certain regulatory and financial risks related to climate change; changes in estimates and assumptions underlying our critical accounting policies; the promulgation and adoption of new accounting standards, new government regulations and interpretation of existing standards and regulations; and general economic, political, market, and weather conditions. Actual results, therefore, could vary from those expected. Please also refer to such other factors as discussed in Part I, Item 1A. "Risk Factors" of Universal's Annual Report on Form 10-K for the fiscal year ended March 31, 2024 , and related disclosures in other filings which have been filed with the U.S. Securities and Exchange Commission and are available on the SEC's website at www.sec.gov . All risk factors and uncertainties described herein and therein should be considered in evaluating forward-looking statements, and all of the forward-looking statements are expressly qualified by the cautionary statements contained or referred to herein and therein. Universal cautions investors not to place undue reliance on any forward-looking statements as these statements speak only as of the date when made, and it undertakes no obligation to update any forward-looking statements made, except as required by law. View original content to download multimedia: https://www.prnewswire.com/news-releases/universal-corporation-receives-nyse-notice-regarding-filing-of-form-10-q-for-the-fiscal-quarter-ended-september-30-2024-302314579.html SOURCE Universal CorporationThe Latest: Former President Jimmy Carter is dead at age 100Last month, Cynthia Erivo and Ariana Grande created social media’s new favorite meme during an interview with journalist Tracy Gilchrist as they promoted their movie musical, "Wicked." One exchange from the conversation went massively viral after Gilchrist mysteriously informed the film’s stars that fans were “holding space” for the lyrics of “Defying Gravity,” one of the musical’s most iconic songs. Gilchrist asked Grande and Erivo if they knew that “people are taking the lyrics of ‘Defying Gravity’ and really holding space with that and feeling power in that,” which prompted an emotional response from Erivo. Neither of them seemed to know exactly how to reply, and Grande took hold of Erivo’s finger as they looked at one another. In a new " Variety " feature with director Jon M. Chu, they discussed the moment and what was going on in their minds. “I was surprised, because I had no idea. I hadn’t been looking that much,” Erivo said. At the time, Gilchrist asserted that she had seen people treating the song with reverence because she works in “queer media.” “I honestly didn’t know what that meant—am I also in queer media, maybe?” Erivo explained. “Work! Let’s both be there.” Grande chimed in, “I didn’t know what any part of it meant. I didn’t understand the first sentence, and then I definitely didn’t understand how you responded. And I just wanted to be there. Because I knew something big was happening, and I didn’t know how to be there.” “After a while, I didn’t know how to be there,” Erivo replied. About the finger grab, Grande said, “I’m going to grab this, because she looks like you might need something. I don’t know what the tapping was about.” Erivo then said it was simply “tension.” Grande praised Gilchrist despite the shared confusion in the moment, saying, “She’s also an amazing interviewer and a lovely person. That goes without saying...I feel really relieved that the world had the same experience with this moment that I did, because I felt like, ‘Oh, I’m not broken.’” After the clip first went viral, Gilchrist clarified her meaning with Variety , saying, “‘Holding space’ is being physically, emotionally and mentally present with someone or something,” and that people were “finding solace or inspiration” in the song following Donald Trump’s election.
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Drew Lock matched his career high of four touchdown passes and also rushed for a score and the New York Giants snapped their franchise-record 10-game losing streak with an entertaining 45-33 victory over the Indianapolis Colts on Sunday in East Rutherford, N.J. Malik Nabers had seven receptions for a career-best 171 yards and two touchdowns to exceed 100 receptions and 1,000 yards during his strong rookie campaign. New York (3-13) registered a season best for points scored by more than tripling its league-worst season average of 14.3 per game. The setback eliminated the Colts (7-9) from the AFC playoff race. Lock completed 17 of 23 passes for 309 yards and Wan'Dale Robinson and Darius Stayton also had receiving scores for the Giants, who won at home for the first time this season. Ihmir Smith-Marsette returned a kickoff for a touchdown. Joe Flacco started for Indianapolis with Anthony Richardson (back/foot) sidelined and completed 26 of 38 passes for 330 yards and two touchdowns. But he also was intercepted twice and lost a fumble. Jonathan Taylor rushed for 125 yards and two touchdowns on 32 carries, Michael Pittman Jr. had nine receptions for 109 yards and one touchdown and Alec Pierce caught six passes for 122 yards and a score. Indianapolis pulled within 35-33 on Flacco's 7-yard touchdown pass to Pittman with 6:38 remaining. The Giants answered with Lock's 5-yard scramble with 2:57 left to push the lead to nine. After Flacco was picked off by Dru Phillips, Graham Gano tacked on a 30-yard field goal 37 seconds later to put it away. New York held an eight-point halftime lead before Smith-Marsette fielded the opening kickoff of the second half and returned it 100 yards for a touchdown to give the Giants a 28-13 advantage. The Colts answered with Taylor's 26-yard run to move within eight with 11:03 left in the third quarter. Flacco threw a 13-yard touchdown catch to Pierce with 10:53 remaining in the game to move Indianapolis within two. A trick play on the two-point conversion failed. New York increased its lead to nine just more than two minutes later when Nabers caught a short pass at midfield and easily shed two tacklers before sprinting down the right sideline for a 59-yard score. Lock tossed three first-half touchdown passes as the Giants led 21-13 at the break. Nabers caught a short pass in the right flat and raced 31 yards for a score to give New York a 7-3 lead with 1:05 left in the opening quarter. He finished the day with 104 receptions for 1,140 yards. Lock tossed touchdown passes of 32 yards to Slayton and 5 yards to Robinson while increasing the lead to 21-6. Taylor scored on a 3-yard run with 20 seconds remaining. --Field Level MediaFox News Politics: Defining DOGE
When Star Trek first aired in 1966, the idea of a communicator - a handheld device enabling instant communication - was science fiction. Smartphones today make Captain Kirk's communicator look primitive, offering capabilities far beyond what SF imagined. They're not just communication tools today, they're cameras, wallets, health trackers and entertainment hubs. We have entered the Star Trek future. 2024 has been another giant leap in proving that the future is arriving faster than we ever imagined. Consider the world around us. Drones are increasingly being used for agricultural surveys, medical supply deliveries and even disaster management. They have even taken over Indian weddings, buzzing like overzealous relatives to capture cinematic shots worthy of a Bollywood blockbuster. Electric 2-wheelers and e-rickshaws dominate streets. Security cameras are not just for offices and public spaces, they are now common in individual homes. Autonomous vehicles are being tested. I once joked that not even god could navigate India's chaotic roads. But it looks like algorithms have managed to bribe traffic gods. Delivery robots and robot waiters are making appearances, while EVs are gaining traction. Affordable smart devices powered by voice assistants manage lights, fans and even water pumps. Fitness-tracking wearables have become popular. And virtual reality devices are creating new entertainment experiences. Over 50% of retail transactions are now digital, with UPI processing billions of monthly payments. Even small vendors and roadside stalls accept money through QR codes. I won't forget the cheeky panhandler who whipped out a QR code and quipped, 'Arey bhai, no cash? No problem!' Home delivery services have revolutionised convenience, ensuring food and groceries reach doorsteps within minutes. What's most remarkable is the sheer pace of this transformation. Technological progress builds exponentially, with each innovation accelerating the next. Widespread adoption of smartphones, for example, has given rise to industries like digital payments, ecommerce and telemedicine . Initiatives like ' Digital India ' and 'Make in India' have further fuelled this exponential growth. Entrepreneurship Building Your Winning Startup Team: Key Strategies for Success By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Advanced Java Mastery: Object-Oriented Programming Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Finance: Finance Beginner Course By - elearnmarkets, Financial Education by StockEdge View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Marketing Digital Marketing Masterclass by Neil Patel By - Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru View Program Marketing Future of Marketing & Branding Masterclass By - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Design Canva Magic Write: Ideas to Stunning Slides in No Time By - Prince Patni, Software Developer (BI, Data Science) View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development C++ Fundamentals for Absolute Beginners By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Tally Prime & GST Accounting: Complete Guide By - CA Raj K Agrawal, Chartered Accountant View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Web Development JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Technologies like quantum computing, AI and advancements in biotech are set to revolutionise healthcare, education and manufacturing. These breakthroughs, ranging from AI-driven diagnostics to precision gene-editing tools, promise to redefine industries, solve complex problems and unlock innovative solutions, paving the way for transformative growth and unprecedented opportunities. The possibilities are breathtaking. Autonomous vehicles could reduce traffic congestion and road accidents, especially in densely populated cities. AI-driven diagnostics will make comprehensive healthcare accessible to even the most remote areas - and affordable to the poor. RE projects are fighting climate change while paving the way for energy independence and sustainable growth. Advances in gene editing could eliminate diseases, while entrepreneurs like Elon Musk are working on taking humanity to the heavens. There is, however, a trilemma we face as tech advances: Does this innovation have the potential to benefit everyone equally? What are the risks and unintended consequences? Does it promote autonomy or dependency? These three questions are relevant to technologies like autonomous vehicles, AI-powered diagnostics, promising greater access to healthcare but with potential bias risks, and digital payment systems, transforming convenience, yet raising concerns about inclusivity and security. The choices we make in answering these questions will determine whether the tech we create becomes a force for good or takes down a dark path. The risks are real. Drones, while helpful in delivering life-saving supplies, can be - and, indeed, have been - weaponised or used for invasive surveillance. AI's promise of personalisation can easily turn into manipulation or reinforce biases encoded into its algorithms. The digital divide remains a critical issue. Addressing these challenges will require innovation, regulation and a commitment to ensuring inclusivity. Yet, optimism is warranted. Covid accelerated the adoption of telemedicine and online education, showing how quickly societies can adapt when faced with challenges. In cities and villages alike, the democratisation of information through smartphones and internet connectivity has created opportunities that were unimaginable just a decade ago. Aadhaar demonstrates how digital infra can transform governance and enable financial inclusion for millions. These advancements are opportunities to boldly go where no one has gone before - toward a future that is more just, sustainable and prosperous for all. But achieving this will require vigilance, humility and a steadfast commitment to our shared humanity. Each of us, as citizens and innovators, holds the power to shape a future - whether by learning, building or championing tech that uplifts and unites. Technology must be an enabler, not a divider. As we step into 2025, let us continue to harness the transformative power of technology, working together to build a future where progress uplifts everyone and innovation knows no boundaries. The writer is CEO, Vionix Biosciences
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A light breeze drifted through a small creative agency in Mumbai’s Dadar district one summer morning. The design team, huddled around their laptops, felt the pressure mounting: a major client had just announced a nationwide campaign rollout, with deadlines looming. Miles away in a Delhi high-rise, a senior brand manager scrolled through social media feedback, worried their latest ad push wasn’t connecting outside metro cities. Meanwhile, in Bengaluru, an e-commerce startup was about to launch a new fashion line but struggled to craft messaging that appealed both to cosmopolitan millennials and more conservative families. Three different corners of India, three distinct advertising challenges, yet one transformative solution—artificial intelligence (AI)-driven storytelling. Once considered futuristic, AI is now rapidly reshaping the nation’s advertising landscape. From bridging linguistic divides to crafting laser-focused personalization, AI has evolved from buzzword to essential creative partner. The human touch—amplified Unlike traditional automation tools, generative AI models like ChatGPT do more than just speed up repetitive tasks. They tap into vast datasets—ranging from pop culture references to local dialects—and produce creative outputs. When a Bengaluru-based fashion retailer tested AI-generated ad copy, the variety of taglines in English, Kannada and colloquial Hinglish was impressive. After feeding the AI a few prompts about the brand’s vibrant identity, the marketing team was flooded with punchy lines that mixed local phrases with pop culture references. But human creativity remained essential. Marketers shortlisted the best lines, refined the tone and added finishing touches that gave the copy its unique personality. The campaign’s success showed how technology and a human touch can combine to create something genuinely engaging. Also read: Personalization at scale India’s cultural and linguistic diversity is both a treasure trove and a major hurdle for advertisers. A national fast-moving consumer goods (FMCG) company in Delhi embraced AI-driven storytelling for a tea promotion and segmented its audience by region, language and age. Using AI, the brand generated video scripts and social media captions in multiple languages, each infused with local cultural references—Punjab’s robust chai traditions, Assam’s proud tea heritage and more. This approach was not only faster but also more effective: engagement and brand recall skyrocketed, validating the power of personalized, localized content. Yet, as Sreeraman Thiagarajan, chief executive officer (CEO) at Agrahyah Technologies, notes, marketers should look beyond tactical AI uses like ad copy generation and think bigger. “The real power of AI lies in weaving it into every touchpoint with the consumer, not just in isolated tasks." Meanwhile, Yesudas S. Pillai, founder of Y&A Transformation and strategic advisor at Channel Factory, believes AI can address India’s diversity head-on. “AI’s ability to craft hyper-personalized messages is a game-changer, especially in a market like India, where diversity in language, culture and preferences poses significant challenges. AI can help create campaigns that are rooted in relevant languages and contextual narratives for different sets of consumers." Multiple angles, one unified message A media house in Mumbai used AI to maintain narrative consistency across platforms—from print ads to social posts to radio jingles. Creative directors, copywriters and scriptwriters fed a core brand story into the AI, complete with emotional undertones and character sketches. The AI then spun multiple versions, each tailored to a specific channel. For instance, the radio jingle was short and catchy, while the social posts captured a fun, quippy brand tone. Print ads used more formal language. Also read: In today’s hyper-competitive market, cohesive multi-channel experiences are crucial. AI’s ability to preserve a brand’s spirit while adapting to different formats has helped unify campaigns like never before. Breaking language barriers The rise of regional over-the-top (OTT) platforms, vernacular news portals and local YouTube channels shows how deeply Indians value content in their mother tongues. AI models trained on extensive linguistic datasets can easily switch between Marathi, Tamil, Telugu, Bengali and more, ensuring brand messages stay culturally relevant. Mandar Natekar, co-founder and CEO of VisualDub.Ai, observes that Indian social culture is moving toward “language and cultural pride," making it more important than ever for brands to speak consumers’ languages authentically. “For the longest time, ad films were shot in Hindi and then dubbed for regional audiences, but that risked losing authenticity. With GenAI (generative AI), brands can connect with consumers in their own language quickly and at a lower cost." A Hyderabad ad agency recently proved this by using AI to craft Telugu-specific campaigns for a cookware brand. The AI not only provided accurate translations but also added references to popular local dishes and cooking traditions. The resulting ads felt far more intimate than a straightforward English translation ever could, boosting sales and sparking social media praise for their heartfelt tone. Insights beyond creation Part of AI’s appeal lies in its ability to analyze the impact of content, not just create it. Marketers gain real-time insights into which scripts or visuals drive higher engagement or lead to more sales. At a startup in Gurugram, the marketing team ran two AI-created campaigns—one comedic, one inspirational—for a mobile app launch. Within hours, analytics showed the inspirational tone resonated far more with the target audience. Budgets and creative focus were swiftly adjusted, improving efficiency and impact. Also read: According to Pillai, “AI-driven storytelling can transform data into impactful engagement opportunities," but he cautions against sacrificing genuine human experiences for last-click ambitions. “I hope we don’t devolve into transactional, stereotypical representations." Enhancing user experiences AI also powers personalized recommendations on OTT platforms, ride-sharing apps and e-commerce sites. Thiagarajan notes that these platforms can leverage real-time demand and supply data to deliver near-seamless user experiences. Whether it’s suggesting a new movie or providing a faster cab route, AI can help tailor each interaction to a user’s preferences. That said, Pillai emphasizes the importance of training GenAI models on diverse datasets to respect cultural nuances. Agencies should see AI as a creative collaborator rather than a threat to originality. “They act as creative partners, generating ideas and even scripting ads, allowing agencies more time for strategic thinking and refining insights." Preserving authenticity and trust In a market as diverse as India, authenticity is everything. An AI might misinterpret subtle cultural references or miss sensitive issues, so human oversight remains vital. At the same time, data privacy and ethical considerations loom large. As AI mines vast user information to personalize campaigns, brands must be transparent and responsible in their data usage. A future of infinite possibilities As India’s digital ecosystem continues to grow, AI-driven storytelling is poised to become even more integral to advertising, be it in streamlining online ads or revitalizing traditional media with localized content. The most exciting possibility might be how AI can elevate niche stories and voices across India’s myriad communities. Ultimately, the goal isn’t to replace human imagination with cold algorithms, but to harness AI to amplify creativity, speed and relevance. In a land as dynamic and diverse as India, that meaningful connection is more crucial than ever. And AI, when balanced with human insight, just might be the key to forging it.
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