UPS Financial News

Le Travenues Technology, which operates travel platform Ixigo, on Friday raised around Rs 333 crore from anchor investors ahead of its IPO launch. The issue opens for subscription on June 10 and closes on June 12. Some of the marquee investors who subscribed to Ixigo's anchor book include Nomura, Morgan Stanley, 3P India Equity Fund, HDFC MF, Motilal Oswal MF, Government of Singapore, Tata Investment Corp.

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Canada’s unemployment rate rose in May despite a gain of 27,000 jobs, Statistics Canada said Friday.

ALSO READ: T20 World Cup 2024: Virat Kohli to open against Pakistan on Sunday? Here's what report saysAccording to several videos, the MS Dhoni doppelganger had a long beard, wearing a white-coloured headscarf and white Kurta.

The European Central Bank on Thursday became the most important developed-country monetary authority to start cutting interest rates in this cycle. President Christine Lagarde believes she’s addressing the risk of recession in the eurozone, but this decision creates others. The ECB cut its main policy rate by 0.25 percentage points, to 3.75%.

Sunita Williams broke into an impromptu dance as she entered the International Space Station and received the 'Bell Rings' welcome along with her colleague Butch Wilmore according to US Naval tradition. Williams, 58, flew to space for the third time on Wednesday along with Wilmore, 61, scripting history as the first members aboard Boeing's Starliner spacecraft to the International Space Station (ISS). Williams is the pilot for the flight test while Wilmore is the commander of the mission.

Heritage Foods has been in the thick of action with the stock gaining by over 64% or Rs 259 per share in five trading sessions. The rally in the stock price has boosted N Chandrababu Naidu's family fortune by Rs 858 crore. On Friday, shares of Heritage Foods were locked in 10% upper circuit and hit a fresh 52-week high of Rs 661.75 on the BSE. On May 31, Friday (a day before the final phase of polling and exit polls) the stock had ended at Rs 402.80. Between Monday, June 3 and Friday June 7, the share price has seen an unbeaten rally.

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In a stock exchange notice today (7 June), the £2.3bn private equity trust said it has appointed Investec Bank and JP Morgan Securities to carry out the buyback programme at 6.7p per ordinary share. Under the authority granted to PIP by its shareholders, it has the ability to repurchase up to 14.99%. It currently has remaining authority to buy back up to around 67 million shares before the next annual general meeting in October, the FTSE 250 trust noted. PIP explained that the maximum share price payable for a single share will be the higher of 105% of the average market value of tits...

Mint. He added that the company has seen a 17% reduction in non-network-related complaints and improvement in transactional NPS from 47.1 to 55.7 within a year.NPS measures customer satisfaction and loyalty, and the likelihood of them recommending the product or service to others.The reduction in complaints was achieved by empowering frontline staff at touchpoints like the Vi Store, Vi Mini Store and in-bound call centre, enabling employees servicing customers to make real-time decisions and tailor solutions to individual customer needs.

Mint, Kumar, known as the 80:20 investor, discusses his investment portfolio, his reasons for avoiding real estate, and why diversifying investment styles is as important as asset allocation. He advocates for a focused approach to investing, leveraging the ‘Pareto principle’ (80:20 concept) to achieve optimal results with minimal effort. Edited excerpts: The name is derived from the principle of 80:20 investing, also known as Pareto law (or Pareto principle).

ALSO READ: India vs Pakistan T20 World Cup 2024 match: Babar Azam comments on ‘nervousness’; 'things will be easier if...'Following this, the USA smashed 18 runs for one wicket in the Super Over, while Pakistan could only manage to score 13 runs with the loss of one wicket.With the poor performance of Pakistani fans roasted Babar Azam’s team.ALSO READ: India vs Pakistan T20 World Cup 2024 match: Babar Azam comments on ‘nervousness’; 'things will be easier if...'An angry Pakistan Fan in USA slammed the Pakistan team and said, “na catch pakda, batting humari zero, fielding humari zero minus zero….."One wrote on X, “Azam Khan after causing BP problems to millions of Pakistanis."Another wrote, "Ek hi dil hai, kitni bar todenge."“Nobody is ready for what we’re about to witness in New York on 9th June," someone commented.ALSO READ: T20 World Cup 2024: ICC announces record-breaking prize for winners, runners up; check details“America se ek khat mila hai [We’ve received a letter from America]," is what this cricket fan posted.“Pakistan team in complete shambles… Snatched away captaincy from Shaheen Afridi after just 2-3 months without any valid reason and gave it back to Babar Azam. And then lost T20I series vs New Zealand C grade team, against England and then against Ireland & USA," a netizen wrote.

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All Or Nothing: Tottenham Hotspur (2020). The video clip of this conversation spread like wildfire on the internet. It further cemented the legend of Mourinho, wise old cat, who’d caught on that Dele Alli, a remarkable young talent with the world at his feet, had lost his way.

Also Read: T20 World Cup 2024 full schedule: Check dates, venues, timing, livestreaming details and moreIn a post on X, the industrialist who stayed up to get mild entertainment, said that what he got was a slice of history.In the super over, USA defeated Pakistan, who were the finalists in the last edition."And Pakistan left the traffic light on green, letting Patel and the red, white and blue zip right past them!. I stayed up to get some mild entertainment and what I got was a slice of history," said Anand Mahindra.Mahindra's post has been liked by over 8.5 thousand users, while over 200 people have also reacted to it.Also Read: Pakistan skipper reacts to shocking loss against USA at T20 World Cup 2024: ‘We should have defended the total’"A lot of history will be created ‘of’ Pakistan," said an X user."What a match! Sometimes staying up late really pays off.

The Fight for Everest: 1924, Odell recalled that “rolling banks of mist" were sweeping across the mountain and covering the north face, though the wind “did not attain its usual boisterous degree". Neither the face nor the summit ridge could be seen clearly by Odell. At 26,000ft Odell decided to climb a 100ft crag and as he reached the top at 12.50pm, the whole summit ridge and the peak of Everest was unveiled.

A Federal Reserve interest rate cut could be a signal of trouble for the economy, according to Bank of America Corp. strategists.

Forecasters expect the US employment report for May will add new evidence the labor market is gradually cooling, even as hiring rebounded compared to April.

The NSE Nifty index closed 468.75 points up at 23290.15, while BSE Sensex ended up 1618.85 points at 76693.36.

Biden on Friday for the first time publicly apologized to Ukraine for a monthslong holdup in American military assistance that let Russia make gains on the battlefield, as Ukrainian President Volodymyr Zelenskyy appealed for bipartisan U.S. support «like it was during World War II.»