UPS Financial News

The Supreme Court has agreed to consider shutting down a multibillion-dollar class action investors’ lawsuit against Facebook parent Meta stemming from the privacy scandal involving the Cambridge Analytica political consulting firm

Domino's plans to double its store count to 4,000 in India in the next 5-6 years, a top company official said. Domino's, which started operations here in 1996, has launched its 2,000th store.

Narendra Modi's «lower political capital» will make it difficult for the new government to implement hard reforms, a Swiss brokerage said on Monday. The potential rate of growth can go up to over 7.5 per cent, if the government is able to implement tougher reforms like those related to land, farming, divestments, Uniform Civil Code and one nation one election, UBS Securities said.

NDA government's agenda for its third term includes a continued emphasis on infrastructure development, particularly in the railways sector. As ministries prepare their 100-day agendas, Indian Railways is gearing up to enhance its capacity for both passengers and cargo.

Bitcoin miner Bitfarms said on Monday it had approved the adoption of a "poison pill" to fend off a potential hostile takeover attempt by rival Riot Platforms. The move comes days after Riot Platforms disclosed it had built a 12% stake in Bitfarms as it pursues a takeover attempt.

Sebi on Monday said it has lined up 22 properties of seven companies — including Pailan Group, Vibgyor Group and GBC Industrial Corp group — for auction on July 8 to recover money illegally collected from investors. Other firms, whose properties will also be auctioned, are Tower Infotech Group, Waris Group, Teachers' Welfare Credit and Holding Group, and Annex Infrastructure India Ltd. The regulator has initiated the process for the sale of assets of the companies as per orders by the Calcutta High Court.

Voices within the ruling Congress calling for a reassessment of the five guarantees are getting louder after the party came a distant second in the Lok Sabha polls even after pledging Rs 52,000 crore annually on these programmes.

IT stocks: Sector rotation, demand recovery hopes may support; Infosys, Wipro, Cyient among Emkay Global’s top picks“Nifty index opened positive and went on to touch a fresh all time high of 23411 zones and remained in the range of its opening tick throughout the day. It took support at 23227 and closed with marginal losses near 23260.

Best tower air coolers in India: Top 8 space saving options for cool comfort anywhereStay cool with the Bajaj PMH 25 DLX, a 24-litre personal air cooler designed for home use. This air cooler delivers a strong airflow of 1700 CMH and can throw air up to 18 feet. Its DuraMarine pump is resistant to moisture, ensuring a longer lifespan.

From ₹3.8 to 21.68: This multibagger penny stock soared 470% in over 2 months; check hereThe markets regulator also said that it will not freeze mutual fund portfolios and demat accounts of investors who haven't submitted nominations.This decision, applicable to existing investors and unitholders, stems from feedback from market participants, emphasizing the importance of compliance ease and investor convenience. According to Sebi's circular, investors possessing securities in physical form will still be entitled to receive dividends, interest payments, or redemption payments, as well as to lodge grievances.The decision - for existing investors and unitholders - has been taken based on representations from the market participants, citing need for ease of compliance and investor convenience.

₹2,08,000 with interest. He took a loan to finance it. Simplilearn, backed by Blackstone and valued at $600 million in 2022, promised a job with a minimum package of ₹5 lakh a year and within six months of him completing the course.

₹1500. We have curated a list of the 8 best wireless earbuds under ₹1500 that offer a perfect blend of performance, comfort, and affordability.

₹12,999 at launch claims to bridge this gap. We tested the soundbar extensively with different content articles, such as cross-genre music, news, sports, movies, games and more to help you make a purchase decision.Check out the product below:The GoSurround 975 is easy to integrate into your entertainment setup. You can place it below your TV or mount it on the wall using the included wall-mount kit without requiring professional help.

Nifty on Monday ended 31 points lower to form a small red candle with minor upper and lower shadow on the daily chart. The near-term trend of the index remains positive. However, having placed at the crucial hurdle around 23,300 levels, the chances of downward correction could be high in the short term. Immediate support is at 23,100 levels, said Nagaraj Shetti of HDFC Securities.

PM Narendra Modi and his new council of ministers, speculation is rife about who will be the next finance minister. Will Nirmala Sitharaman retain her position in the finance ministry for a consecutive second term, or will she move to a different ministry this time?

Vehicle registrations — a proxy for retail sales — went up by a modest three percent to 2.09 million units last month with consumers delaying purchases due to election-related uncertainties and extreme heat.

Shares of Samvardhana Motherson International Ltd.(up 5.03 per cent), Hero MotoCorp Ltd.(up 2.52 per cent), Balkrishna Industries Ltd.(up 1.52 per cent), TVS Motor Company Ltd.(up 1.22 per cent) and Bosch Ltd.(up 0.55 per cent) ended the day as top gainers in the pack.

Boat’s parent company, Imagine Marketing India is in talks with three investors to raise funds which co-founder and CEO Sameer Mehta said will be more strategic in nature instead of just raising capital. He said the focus is now on improving financial parameters of the company such as getting back to net profit this fiscal before going ahead with the initial public offering (IPO) to raise about Rs 2,000 crore.

asset markets. When we talk about various asset classes, we often mention expected long term returns, and sometimes in the passing, we also talk about the volatility of short term returns. But have you ever thought about what long term really means?

After more than three decades on Wall Street — first at Goldman Sachs Group Inc. and then at Bank of America Corp. — Tom Montag thought he’d seen most forms of financial wizardry. Then Hank Paulson asked him to tackle carbon offsets.

Three men have been charged by the Securities and Exchange Commission over allegations of fraudulent sales of shares in pre-IPO companies.