UPS Financial News
12.06 / 12:05
UPS
Provident
Election
President
love
Rahul Gandhi spearheaded Congress revival, provided 'moral, philosophical' leadership: Gaurav Gogoi
Rahul Gandhi with the revival of the Congress, party MP Gaurav Gogoi says he not only provided «moral and philosophical» leadership to the party but also set the narrative for the Lok Sabha polls which was reflected in the results. In an interaction with PTI editors, Gogoi recalled former Congress president Sonia Gandhi's «we will overcome» message at the Udaipur 'chintan shivir' of the party in May, 2022, to assert that the party had come a long way on the road to revival and was determined to move forward on that path.
12.06 / 12:05
markets
UPS
Southern
AGRO
Updates
International
Stock market update: Fertilisers stocks up as market rises
Nagarjuna Fertilizers and Chemicals Ltd.(up 1.72%), Paradeep Phosphates Ltd.(up 1.71%), Madras Fertilizers Ltd.(up 1.54%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.18%), Chambal Fertilisers & Chemicals Ltd.(up 1.01%), Rama Phosphates Ltd.(up 0.82%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.75%), Zuari Agro Chemicals Ltd.(up 0.64%), Aries Agro Ltd.(up 0.62%) and Coromandel International Ltd.(up 0.59%) stood among the top gainers.
12.06 / 12:05
12.06 / 12:05
markets
UPS
Enterprise
ICE
Trade
Updates
Stock market update: Nifty Realty index falls 0.04%
Shares of Sunteck Realty Ltd.(up 9.61 per cent), Godrej Properties Ltd.(up 2.53 per cent), Mahindra Lifespace Developers Ltd.(up 0.97 per cent), DLF Ltd.(up 0.44 per cent) and Phoenix Mills Ltd.(up 0.07 per cent) ended the day as top gainers in the pack.
12.06 / 12:05
COST
UPS
Death
Actor
stars
reports
Darshan paid gang Rs 30 lakh to kill errant fan Renuka Swamy; 33-yr-old was tortured with hot iron rod before death
fan of your idol could cost you, your life? While the news of popular Kannada actor Darshan being arrested for murdering a youth named Renuka Swamy has taken Sandalwood by storm, certain horrific developments of the case have left his fans aghast.
12.06 / 11:21
UPS
IPO
Compilation
wellness
stage
reports
Indian snack maker Haldiram's considers to raise funds via IPO: Report
Tata Motors share price gains as brokerages maintain bullish stance; stock up 7% in one weekHaldiram’s received bids in May from a Blackstone Inc.-led consortium, which included the Abu Dhabi Investment Authority and GIC Pte, as well as from a consortium led by Bain & Co. and Temasek Holdings Pte, according to local media reports.The IPO considerations are still in the preliminary stages, and the controlling shareholders might still choose to lower their asking price and proceed with a sale, the sources added.India has become a hotspot for IPOs, raising approximately $3.9 billion so far this year—double the amount raised during the same period in 2023 and surpassing the combined totals of Hong Kong and Korea, according to data compiled by Bloomberg.Also read: Multibagger alert! Kesar India share price skyrockets over 3600% in 2 years.
12.06 / 11:21
UPS
Waters
Photos
Motorola
performer
Features
Motorola Edge 50 Ultra confirmed to launch in India on June 18: Expected price, specifications and more
Motorola Edge 50 Ultra is likely to be offered in three distinct designs, with one variant featuring a real wooden back panel that sets it apart with a unique and luxurious appearance.This wooden model comes in an off-white hue, accentuated by a golden finish on the side frames, enhancing its premium look. The rear panel prominently displays the Motorola logo, while the triple camera setup is housed in a slightly protruding module, adding to the phone’s sophisticated aesthetic.
12.06 / 10:27
markets
Hollywood
UPS
Manufacturing
Election
wellness
Schools
Power, energy & real estate will continue to be big themes going ahead: Aniruddha Sarkar
«If I talk about the whole India story, as if it is a kind of you can say the Hollywood movie, I think the month of May was kind of a break wherein you had all sort of noise which kind of was an intermission in the whole India story which was unfolding,» says Aniruddha Sarkar, Quest Investment Advisors. Who will blink first in your view, the market or the investors. Everybody was expecting further lows, but it is not obliging the bulk of the participants, market. I would say that, obviously when you have all the noise around the election and the last couple of months, it was actually a very excellent time for the long-term investors because all the noise that gave so much good opportunity to enter into some of the good companies at such valuations which was not visible for the last six-seven months. So, having said that, I think if you look at the flow of the money of domestic investors, the answer to your question is that definitely the domestic investors have understood that on the panic days you deploy. In fact, it is very encouraging to see that on the date of the election results, the domestic fund flow was almost like massive, 22,000 crore, which was I would say was kind of a humongous number. So, having said that, I would say definitely FII money will come back.
12.06 / 10:19
markets
UPS
Citi
Election
President
Justice
Mexican peso weakens as next president vows to forge ahead with 20 reforms - and adds a couple more
The Mexican peso has continued to weaken as Mexico's outgoing president _ and his successor _vowed to forge ahead with some 20 constitutional changes that have rattled investors
12.06 / 10:19
markets
UPS
Tesla
Trade
European Commission
Investigations
EU threatens to hike tariffs on Chinese electric car imports, escalating trade spat
The European Union has threatened to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is hurting domestic automakers
12.06 / 10:19
COST
UPS
Ripple
country
Traffic
Investigations
Traffic resumes through Baltimore's busy port after $100M cleanup of collapsed bridge
Authorities anticipate commercial shipping traffic through the Port of Baltimore will soon return to normal levels after its main channel fully reopened earlier this week
12.06 / 10:01
UPS
Platform
Pool
community
Trade
show
Cardano DeFi Hub Cerra.io – Public Sale is Live!
Cerra.io has been making significant strides lately, with the successful launch of our second product on the mainnet. Now, we offer both a DEX and P2P-Lending services on a single platform. The team has also introduced a Profit-Sharing module , which will go live shortly after the public sale wraps up. Currently, it’s undergoing an audit, and once finalized, the full potential of the CERRA token will be unleashed. Token holders will then be entitled to 100% of the ADA profits generated by the platform.
12.06 / 09:55
markets
UPS
FIVE
trends
show
performer
6 famous Warren Buffett's investing mantras reignite as equity mutual fund inflows soar to ₹34,697 crore
The latest Association of Mutual Funds of India (AMFI) numbers show an extraordinary spike in equity mutual fund inflows of up to ₹34,697 crore in May 2024. This spike represents an 83.42 per cent gain over the previous month, setting a new industry high.
12.06 / 09:43
UPS
Manufacturing
Department
rights
International
More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say
The federal government has issued more than $1 billion in tax credits as an upfront cash incentive to buyers of electric vehicles, the U.S. Treasury Department and Internal Revenue Service said Wednesday.
12.06 / 09:33
markets
UPS
Citi
country
Courts
Updates
Financial
Investing in India from abroad: Navigating financial hurdles for NRIs
based in Singapore, experienced numerous challenges while managing his investments as an NRI. Having a portfolio before moving to Singapore in 2019, he had to convert his resident demat account to NRI. The extensive documentation required by the broker demanded significant time and effort.
12.06 / 09:33
UPS
Remark
film
Actor
country
politician
'I have to study ...': Kerala BJP MP Suresh Gopi on taking charge of MoS Tourism
Modi 3.0 Cabinet: BJP’s first Kerala Lok Sabha MP Suresh Gopi gets Tourism and Petroleum MinistriesAs MoS Tourism, Gopi said he has a huge responsibility, and his duties would include identifying the prime spots in the country for tourist activities.For now, the PM has spoken to him only about Kerala, he added.The BJP MP also hold the charge of MoS for Tourism and Petroleum.Gopi also said he has been given a big responsibility and his new role as a member of Narendra Modi-led government is due to the support of the people from all walks of life. Also read: Suresh Gopi expects ‘space’ to do films amid ‘quitting’ rumours: ‘Will not ditch my passion’The actor -turned politician said he has a lot of connections with people and temples, and he has taken all that into account.
12.06 / 09:33
UPS
BLOCK
Food
poverty
cover
reports
Interviews
Consumer expenditure survey: Its new methodology is superior
India’s ministry of statistics and programme implementation (Mospi) recently released a full report on the results of the Household Consumer Expenditure Survey (HCES) along with unit-level data. A factsheet highlighting some key results had been released earlier this year. This survey has made a number of changes in methodology, which has caused some confusion among the commentariat.
12.06 / 09:33
markets
UPS
Google
CEO
Platform
economy
Videos
place
YouTube CEO Neal Mohan: ‘Still in early days of our growth… want to be the best place to create, share and watch videos’
Neal Mohan took charge YouTube in February 2023, after one of Google's founding employees, Susan Wojcicki, decided to step down from the role.A Stanford graduate, Mohan became part of Google, YouTube's parent company in 2008 and before becoming CEO, was chief product officer of the company.Speaking to Bloomberg about the video streaming platform's vision for the future, outlook on artificial intelligence and creators' economy, Mohan was optimistic that this is “still early days" for YouTube.Track | Markets LIVE Updates here“I want to be a place where we are the best place to create, to share, to watch, a video that you can think of regardless of where you are in the world or what device you're on. That's our that's that's my vision.
12.06 / 08:55
UPS
WhatsApp
Trade
show
reports
Share price of Pidilite Ind falls as Sensex gains 267.89 points
Pidilite Industries Ltd. dropped 2.92 per cent to Rs 3080.35 at 02:09PM (IST) in Wednesday's trade. The counter hit a high of Rs 3199.45 and low of Rs 3076.3 so far during the session. The stock had closed at Rs 3173.15 in the previous session. The counter had a total traded volume of 02:09PM shares so far with a turnover of Rs 3.68 crore on BSE. The stock traded at a price-to-earnings multiple of 94.1 and a price-to-book ratio of 18.24.
12.06 / 08:55
UPS
WhatsApp
Matrix
Trade
Indus
information
F&O stocks: Indus Towers, IndiGo among 5 stocks with short buildup
Coming to the buildup of fresh short positions, When the stock prices move downward and open interest on the counter increases, it is taken as a sign of a short build-up. The signal is considered more reliable if the volume on the counter has also seen an increase as the stock price declines.
12.06 / 08:55
markets
COST
UPS
Enterprise
Bottomline
reports
Schools
Rubrik reports 38% rise in revenue for Q1; net loss expands eightfold
IIT alumni founded cybersecurity enterprise firm Rubrik, which went public in April, reported its maiden quarterly earnings on Wednesday after the listing. The company reported a 38% year-on-year jump in revenue to $187.3 million for the quarter ended April 30.
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