UPS Financial News
04.06 / 17:40
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Prajwal Revanna, accused in sexual abuse cases, loses election in Hassan
Hassan JD(S) MP Prajwal Revanna, who is facing charges of sexually abusing several women, lost the Lok Sabha elections to Shreyas M Patel of the Congress by 42,549 votes on Tuesday. Patel secured 6,72,988 votes and Revanna 6,30,339.
04.06 / 17:40
UPS
Fighting
Election
inclusion
rowing
AAP's vote share up by six per cent despite defeat, BJP's votes lower by 2 per cent despite victory
AAP) that failed to win even a single Lok Sabha seat in Delhi, its vote share registered an impressive increase of nearly six per cent as compared to 2019 polls while the winner BJP lost its polled votes by nearly two per cent as compared to 2019 polls, according to results announced on Tuesday. The Congress that failed to win any seat out of three contested by it in Delhi, lost its vote share by over three per cent as compared to 2019 Lok Sabha elections.
04.06 / 17:40
UPS
FIVE
security
Election
President
Defence Minister Rajnath Singh wins Lucknow Lok Sabha seat
BJP candidate and Defence Minister Rajnath Singh won the Lucknow Lok Sabha seat with a margin of 1,35,159 votes on Tuesday. Rajnath Singh polled 6,12,709 votes against Samajwadi Party candidate Ravidas Mehrotra who got 4,77,550 seats. This is the third consecutive victory of Singh from Lucknow. In 2019, Rajnath Singh defeated Poonam Sinha with a margin of over 3.4 Lakh votes. He also secured a comfortable victory against the congress candidate. Lucknow is a prestigious parliamentary seat represented by late former Prime Minister Atal Bihari Vajpayee (1991-2004) for five consecutive times. Singh had earlier won the election from Ghaziabad in 2009. Before Singh, who is a former Chief Minister of UP and former National President of BJP, Lucknow was represented by the former Governor of Madhya Pradesh Lalji Tandon.
04.06 / 17:39
04.06 / 17:33
UPS
FIVE
Election
DAL
Updates
consolidation
Lok Sabha Election Results: SP eats into BJP seat share in UP's Muslim-Yadav belts — was it vote consolidation?
especially in the Muslim-Yadav-dominated constituencies.Follow UP Election Results 2024 Live Updates hereOf the 34 Muslim-Yadav-dominated seats (analysed by Mint) in Uttar Pradesh, the BJP won 22 seats in the 2019 Lok Sabha Elections. The BJP lost eight of these 22 seats to Akhilesh Yadav's SP and one to the Congress in the 2024 Lok Sabha elections.Simply put, the SP and the Congress (INDIA bloc allies) reduced the BJP's seat share in Muslim-Yadav-dominated seats – snatching away nine seats from the 22 seats won by the BJP in 2019.However, the SP didn't lose a single seat (won in 2019) to the BJP.
04.06 / 17:33
UPS
IPO
Booking
innovations
information
travelers
Ixigo IPO: From launch date to size - here's all you need to know about the upcoming issue
₹120 crore and an offer for sale (OFS) of up to 6.66 crore shares. In the OFS, stakeholders such as SAIF Partners, Peak XV Partners, Aloke Bajpai, Rajnish Kumar, Micromax Informatics, and Placid Holdings will sell part of their stakes.Also read: Kronox Lab Sciences IPO Day 2: Should you subscribe or not? Check GMP, key dates, subscription status, more.The offering is being conducted through the book-building process, with 75 per cent of the IPO reserved for qualified institutional buyers, 15 per cent for non-institutional investors, and the remaining 10 per cent for retail investors.The net proceeds from the public offer are intended to be used for funding working capital requirements, investments in technology, supporting inorganic growth through acquisitions and other strategic initiatives, and general corporate purposes.Ixigo is a travel technology company dedicated to empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels.
04.06 / 17:07
UPS
Citi
Target
Art
War
Battlefield
information
AI and the art of war in Ukraine
Kharkiv, Ukraine This wasn’t the easiest time to visit Ukraine’s second-largest city. The local power grid and infrastructure were taking serious hits as missiles and glide bombs struck the city from nearby Russian territory. “Double tap" attacks, by which Russians strike a civilian target and wait for first responders to rush to the scene before launching a second strike, were becoming more common.
04.06 / 17:07
UPS
security
Election
show
performer
Key states and parties that moved the needle
PM Narendra Modi's first reaction to Lok Sabha elections 2024 results: ‘Historical feat in India’s history' In contrast, the Indian National Congress (INC) was a story of bouncing back, after a string of electoral setbacks over the past decade. The Grand Old Party roughly doubled its seat share, even though it registered a more modest rise in its national vote share. Among the seats it contested, its vote share increased from 24.8% in 2019 to 34.7% in 2024.
04.06 / 17:07
COST
UPS
Bill
stage
inclusion
New central excise law in the offing
₹3 trillion from central excise in FY24, a bit lower than ₹3.19 trillion collected in the year before. The finance ministry said that the Central Board of Indirect Taxes and Customs (CBIC) has sought feedback on a draft Central Excise Bill, 2024 by 26 June as part of the pre-legislative consultative process. Considering the time of the release of the draft law for comments and the timeline for submission of comments, it appears this new bill might be introduced in the upcoming budget session, said Gunjan Prabhakaran, partner and leader of indirect tax at BDO India.“Once enacted, the Bill shall replace the Central Excise Act, 1944.
04.06 / 17:07
UPS
Election
country
Lok Sabha Election Results 2024: Wayanad or Raebareli? Rahul Gandhi says 'if it was in my control...'
Lok Sabha Election Results 2024 Highlights Live Updates"I am being questioned whether I will remain an MP for Wayanad or Raebareli seat.
04.06 / 16:55
Blockchain
UPS
Ethereum
ETH
BLOCK
solana
Solana Ecosystem
Solana in May 2024: SOL Price and TVL Surged, What’s Next?
In this report, we explore Solana’s ecosystem surge and the SOL price action in May 2024. What are the reasons for its rise, and what lies ahead for Solana?
04.06 / 16:55
UPS
Universities
Woman who overcame addiction now dying of cancer: ‘I’ve got one last fight’
Women in Need Society and she’s raising money for Mustard Seed in Calgary to help others who are struggling. A fundraiser has been set up to allow for that last wish.“I could have been that person.
04.06 / 16:49
markets
UPS
Digital
Apple
Software
President
GM promotes 2 former Apple executives to key roles in developing software and digital services
General Motors has promoted two former Apple executives to run its software and services operations as it ramps up efforts to develop and market electric, autonomous and connected vehicles
04.06 / 16:49
UPS
Software
Trade
band
concert
information
Technical issues briefly halt trading for some NYSE stocks in the latest glitch to hit Wall Street
A technical issue caused the temporary halt for dozens of stocks listed on the New York Stock Exchange Monday, including at least one whose price briefly fell nearly 100%
04.06 / 16:49
markets
UPS
CEO
Gap
Netflix
awards
Broadcom
CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets
04.06 / 16:49
UPS
FIVE
Waters
Sustainability
community
Bill
Experts
Climate solution: Massachusetts town experiments with community heating and cooling
A community in Massachusetts is about to become one of the first in the U.S. to be heated with geothermal, or ground source heat pumps, that are connected to each other
04.06 / 16:49
04.06 / 16:49
04.06 / 16:49
UPS
Analysis
Research
community
Universities
reports
patient
As pharmacies shutter, some Western states, Black and Latino communities are left behind
Urban and rural communities have come to depend on pharmacies as a trusted care option and a place for advice
04.06 / 16:48
UPS
CEO
Death
wellness
Simulation
voice
rights
Mourners can now speak to an AI version of the dead. But will that help with grief?
Several companies have emerged in the last few years to develop grief-related technology, where users can interact with an AI version of the deceased
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