UPS Financial News

Motilal Oswal Financial Services Ltd.Also read: Exit polls predict Modi 3.0: Sharekhan lists top stocks for short and long term including ICICI Bank, SBI; check listConsidering the market's performance on the eve of the results announcement, most probably, the investors will continue their celebrations on June 4, as historical trends suggest.Livemint scouted the data on stock market performance trends on the day of the election results. We found that the outcome generally has minimal impact on long-term investors.The S&P BSE Sensex Index has consistently risen in the six months following the election results in each of the last four cycles, with a median return of over 11 per cent.The market indices Sensex and Nifty were up 0.77 per cent and 0.37 per cent, closing at 5,399.47 and 1,717.5, respectively.Sensex Intraday High: 5,487.34 | Sensex Intraday Low: 5,131.03Nifty Intraday High: 1,750.30 | Nifty Intraday Low: 1,625.10Sensex was up 2.53 per cent.

₹66.25 crore) for the financial year ended March 2024, making him Indian IT industry's fourth-highest paid CEO.According to Infosys’ annual report for FY24, Parekh’s salary was 16% higher than $6.8 million he earned as remuneration in FY23.For homegrown Indian IT firms, Parekh's FY24 remuneration follows the likes of Wipro Ltd’s former CEO Thierry Delaporte, who earned upwards of $20.4 million for the year ended March 2024, and HCL Technologies Ltd’s C Vijayakumar, who is expected to earn $10.6 million for the said period.However, Nasdaq-listed Cognizant Technology Solutions Corp CEO Ravi Kumar Singisetti bagged the biggest salary among Indian IT bosses, taking home $22.6 million in the year ended December 2023. Cognizant follows a January-December accounting year, whereas Indian software exporters follow an April-March financial calendar.Tata Consultancy Services Ltd, India’s largest IT company, paid $3.1 million to CEO K.

BJP will win up to 7 seats in Kerala - either they are suffering from heatstroke or they don't understand Kerala. Some of these exit polls are also laughable for other reasons.

For some people, there is nothing more delightful than the surprise ringing of a phone that signals someone is thinking about them. For others, there is nothing ruder, more intrusive or panic-inducing than an unannounced call. You are out of your mind—and possibly not in their life—if you’re not sending them a text first.

You thought you could work full time and still have room for everything else in your life. What if you realize you can’t? The number of people opting to work part time has been climbing since the pandemic’s recovery, reaching new highs in recent months. Many of us want more time for family, hobbies or side gigs.

WILMINGTON, Del.—On a Friday evening in October 2018, Hunter Biden rolled up in a black Cadillac to StarQuest Shooters & Survival Supply in the Delaware city where he had been born and raised. A salesman standing in the window didn’t initially recognize him as the son of the state’s longtime Democratic senator, now-President Joe Biden, and would later recall declining a tip from the younger Biden as he purchased a .38-caliber Colt Cobra revolver. There will be no mistaking Hunter Biden on Monday when he appears in federal court for his criminal trial on charges stemming from that 2018 purchase.

GameStop shares surged more than 70 per cent premarket on Monday after “Roaring Kitty” Keith Gill, the stocks influencer behind the 2021 retail trading frenzy, returned to Reddit with a post showing a US$116 million bet on the embattled videogame retailer.

By purchasing the carbon credit ETC, investors will be able to access the EU carbon market through stock exchanges, as well as trade the ETC on the market in either sterling or euro. UBS explained that, since EU allowances are capped, investors will be blocking industrial firms from using them to pollute, thereby pushing up the price of carbon allowances and forcing companies to transition to lower emission production methods and/or energy sources. The total expense ratio for the ETC will be of 0.75%. Tabula IM launches first ESG-focused physical gold ETC EU allowances are issue...

Oil prices edged lower on Monday as investors digested the complex deal brokered by producer group OPEC+ to extend various layers of output cuts, much of them into 2025. Brent crude futures for August delivery were down 42 cents at $80.69 a barrel by 1318 GMT. U.S. West Texas Intermediate (WTI) crude futures for July delivery slipped 45 cents to $76.54.

incident in Lucknow, a thief was arrested after he fell asleep under an air conditioner while attempting to rob a house. The thief, heavily intoxicated, was discovered by police the next morning, sleeping on the floor of the home he intended to rob. The incident occurred early Sunday morning in the Indiranagar area.

As Mexico votes for a new President, it has become clear that the Mexican voters have decided that they want a Scientist, Engineer, and the former mayor of Mexico City who also happens to be Jewish and a woman to become the new President. The combination of such adjectives is seldom seen in politicians especially when they are all being used to describe just one person. Claudia Sheinbaum, a name that gives away her Jewish and European roots, is all set to become the Mexican President as Mexico votes for over 20,000 seats. Claudia much like her opponent, Xochitcl Galvez; a former senator and an entrepreneur both encouraged the voters to exercise their voting rights.

Delhi Police has issued an advisory regarding the traffic arrangements which are being made in the national capital on Tuesday in view of counting of votes of general elections, officials said. The 2024 general elections were held in seven phases between April 19 to June 1. Counting of votes will be taken up on June 4. The counting of votes will take place at seven locations in the city. In northeast Delhi, it will take place at ITI Nand Nagri. The movement of traffic on the stretch from Gagan Cinema T-Point to Nand Nagri Flyover on Wazirabad road (Mangal Pandey Road) will be restricted from 5 am onwards, the advisory said.

BENGALURU:Swiggy’s fair valuation has been marked up to $15.1 billion by top investor Baron Capital as of 31 March, underscoring the food and grocery delivery platform’s growth potential ahead of its public-market listing.This marks a 24% jump in valuation from Baron’s previous disclosure, as per filings with the US Securities and Exchange Commission. The New York-based asset management firm, which was one of Swiggy’s earliest investors, had valued the share of its holdings in the Indian company at $12.2 billion last year.In April, another top US-based investor, Invesco, lifted its valuation of Swiggy by nearly 20% to $12.7 billion.

What are buyers saying on Amazon?Buyers praise the laptop's value, especially for gaming, and its build quality. However, opinions are divided on its performance.Why choose this product?Choose this laptop for its excellent gaming capabilities and superior craftsmanship.The Acer Aspire Lite AL15G-52 is a new laptop from the brand's gaming line-up. features a 12th Gen Intel Core i5 processor, 16GB RAM, and 512GB SSD, making it ideal for productivity and gaming.

Adele, a strong supporter of LGBTQI+ community, shut down a heckler who interrupted the singer by yelling "Pride sucks!" at her Las Vegas concert. During her Saturday's concert in Las Vegas at Caesar's Palace, the multiple Grammy winner engaged in a banter with the crowd when an audience member got in the way. «What was that? Did you just say, 'Pride sucks?' Did you come to my f***king show and just say that Pride sucks? »Are you f***king stupid? Don't be so f***king ridiculous. If you got nothing nice to say, shut up, all right?" Adele, 36, said in a video that's gone viral on social media.

Shiv Sena (UBT) leader Sanjay Raut on Monday said the opposition INDI alliance will announce its prime ministerial candidate within 24 hours of the Lok Sabha poll results being declared. Counting of votes nationwide for the seven-phase polls, which ended on June 1, will take place from 8am on Tuesday. Asked about the PM candidate of the Indian National Developmental Inclusive Alliance (INDIA), which comprises the Shiv Sena (UBT) and several opposition parties led by the Congress, Raut said, «We have many candidates for the post of PM but what about the BJP? The INDI alliance will announce its prime ministerial candidate within 24 hours of the results being declared.» All the leaders of the opposition bloc will meet in Delhi and the announcement will be made there, the Shiv Sena (UBT) Rajya Sabha MP asserted.

₹2,000 crore to set up a printed circuit board (PCB) manufacturing facility in the country, according to two people aware of the development.The likely investment follows its acquisition of a majority stake in Ascent Circuits, a printed circuit board assembly maker, as the group undertakes backward integration towards becoming a full-fledged electronics manufacturing services provider.“The investment is expected to take place within the next few months," said one of the persons cited above, asking not to be named. Queries sent to Amber Enterprises remained unanswered till press time.Amber Enterprises, which is transitioning from being primarily a residential air-conditioning manufacturer into a diversified business-to-business electronics goods maker, will ramp up backward integration, aided by its pact with South Korean firm Korea Circuit that has long been producing printed circuit boards.

ICC mandated the use of stop clocks in limited-overs international matches. It also clarified that the new stop clock rule will become permanent in all ODIs and T20Is from June 2024.“Results presented to the Chief Executives’ Committee (CEC) demonstrated that approximately 20 minutes had been saved per ODI match.

MacBook Air and the top 3 alternatives that can match its smooth functionality and come at a more cost-effective priceThe 2024 MacBook Air 13" with M3 chip offers blazing-fast performance in a compact, portable design. The 13.6-inch Liquid Retina display supports one billion colours, providing an immersive viewing experience. With an 8-core CPU and up to 10-core GPU, this laptop handles multitasking and creative workflows effortlessly.

Accounting firm Forvis acquired the U.S. unit of Mazars as part of a new international partnership, marking another unique structural shake-up in the industry as peers carve out divergent paths to boost their market share. The firms finalized the arrangements on Saturday following an agreement signed last November.

Saudi Aramco’s generous dividends can only go so far in making up for an overpriced initial public offering. The Saudi Arabian national oil company will sell shares worth up to $12 billion in an offering this week. The Saudi government, which will still own more than 80% of Aramco at the end of the sale, will use the proceeds to fund the country’s cash-hungry Vision 2030 initiatives.