UPS Financial News

Oxyzo Financial Services, the lending arm of B2B commerce unicorn OfBusiness, has reported Rs 903 crore in operating revenue for FY24, up 59% from Rs 569 crore a year ago. The Gurugram-based company’s net profit rose 47% to Rs 290 crore, from Rs 197 crore in FY23.

Daant ho ya dard aur ghusse ka pahaad… . “On most days, my diary entries are a response to what I see and read, and to conversations with women around me. I feel the need to document that moment and how it was dealt with.

OnePlus Nord 4 is set to debut in the third week of July, with the company planning an in-person event to unveil the new Nord phone.Previous media reports indicated that the OnePlus Nord 4 would be released in the latter half of 2024, which aligns with a potential July launch. This recent leak is the first to provide a specific timeframe for the Nord 4's launch.

TCS is involved in more than 100 Gen AI projects across the companies within Tata Group, Tata Consultancy Services’ chairman, N Chandrasekaran said during his address to shareholders at the annual general meeting on Friday. “All these projects are demonstrating very tangible business impact in terms of greater customer experience, productivity and efficiency. In e-commerce, Gen AI is being used to generate product catalogues, deliver conversational shopping experience, and provide personalised offers. In manufacturing, Gen AI is enabling shop floor workers to troubleshoot complex equipments by asking questions in their native languages, thereby making the availability of the infrastructure very high and improving productivity,” Chandrasekaran said.

payments major Stripe has moved to an ‘invite only’ mode in India, meaning merchants will not be able to join the payment aggregator by themselves. They will need to request for an invite from Stripe’s India team and wait for approval. In a post published on its website, Stripe said it will only be able to support more Indian merchants by the second half of 2025. The company did not provide any explanation for the same.

Rumors have been swirling since this morning about the alleged separation of Arjun Kapoor and Malaika Arora. Reports suggested that their relationship has come to an end, prompting speculation about the reasons behind it. However, seems like this might not have been the case.

Himachal Pradesh's Mandi Lok Sabha constituency, known for electing erstwhile «royals» maximum number of times. There are 13,77,173 voters in the Mandi Lok Sabha constituency, including 6,98,666 males, 6,78,504 females and three third gender. As the voting in the log seven-phased elections conclude on June 1, Mandi will be one of the most keenly watched seats. While Congress would be aiming to retain its hold on the bastion, Kangana Ranaut, who has entered the foray of politics would be eyeing to pull off an upset. Mandi Lok Sabha 2024 Elections: Date

institutional sellers have sold up to a 5% stake in CarTrade Tech, a multi-channel auto platform company, on Friday for a consideration of around Rs 200 crore ($24 million) through a block deal, according to a source familiar with the matter. ET has learned that some of the institutional investors had placed around 2.2-2.3 million shares of the company on the block. Axis Securities was the banker to the trade. An email sent to the company and Axis Securities remains unanswered as of press time.

While the $PLAY token is relatively new, there are already signs that it could be the next explosive P2E meme coin. In our PlayDoge review, we’ll forecast the price of $PLAY in 2024, 2025, and beyond.

PlayDoge is quickly becoming a fan favourite. Indeed, that is enhanced by its meme coin allure, with Doge-themed pets on offer.

AAP MP Sanjay Singh's counsel on Friday informed the court that it will take 90 to 100 hours to inspect the documents at the ED office. Other counsel also mentioned the time they need for inspection. Manish Sisodia and the other accused were produced through video conferencing (VC) from Jail. Special judge Kaveri Baweja granted time for inspection and listed the matter on July 3. The court on Friday extended the judicial custody of Manish Sisodia and other accused in custody till July 3.

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Prashant Kishor is sticking to his poll forecast with about 24 hours left for the exit polls. The weeks long voting process for the Lok Sabha elections gets over tomorrow. The final phase of the seven phase Lok Sabha election will be finished tomorrow with polling in 57 parliamentary seats across seven states and the Union territory of Chandigarh. After the final phase of voting ends all eyes will be on exit polls. The news channels are allowed to air exit polls from 6:30 pm tomorrow. Speaking with Vir Sanghvi at The Print, Prashant Kishor said that he expects Modi-led BJP to get same number of seats it bagged in 2019 elections or may perform even better. «To my mind, BJP is going to come back with similar or slightly better majority. In my assessment, in west and northern India, I don't see BJP taking a material hit in terms of seat,» he said. BJP had bagged 303 seats in 2019 Lok Sabha polls, with bulk of seats from northern and western India. Prashant Kishor said the he does not foresee BJP losing that many seats from north and west India and the BJP has got «adequate cover from east and southern India.'

Infra.Market on Friday said it has sold a minority stake in its subsidiary RDC Concrete for $20 million (about Rs 166 crore) in a round led by Zerodha co-founder Nikhil Kamath. The round saw participation from investors such as Capri Global Family Office, Verity Knowledge Solutions CEO Sumeet Kanwar and Abhijeet Pai-led Wear Steels.

water crisis in the National Capital, Delhi Water Minister Atishi on Friday wrote a letter to Union Minister of Jal Shakti Gajendra Shekhawat seeking his urgent intervention in the matter. In her letter, Atishi said, «As you are aware, Delhi is heavily dependent on water from the Yamuna River to meet its day-to-day demand for water. However, in the last few days, there has been a drastic dip in the water levels at the Wazirabad Barrage as Haryana is not releasing the required amount of water in the Yamuna River. This has resulted in a massive crisis of water in the national capital. Moreover, the temperature in Delhi has touched almost 50 degrees. This has further intensified the demand for water putting an additional burden on the already strained demand-supply chain of potable drinking water in Delhi.» She also mentioned that if Haryana does not release adequate water, then plants in Delhi will not be able to function optimally.

Global investors poured $3.6 billion into investment grade corporate bond funds in the week to Wednesday, Bank of America said on Friday, in the 31st straight week of inflows, the longest streak since 2019. A rise in global interest rates has forced up corporate bond yields, drawing in buyers attracted by the payouts as well as the hope that prices will rally once interest rates start to fall.

«If stability is given, then post the market volatility around the event, eventually markets are going to pick up, that is what I think. And the positioning also may end up looking like that because right now to the surprise of many the FII positioning ended up being extremely short,» says Rohit Srivastava, Strike Money Analytics & Indiacharts. I want to play the long trade. My assumption is that BJP would come with clean majority, unlike what the Street is thinking right now and I want to play a long trade. Naked futures may not be a great idea. So, how should I play it on the options and then we will do the flip side; if I believe that no, they may actually come with very weak numbers or the performance may not be that good. I want to play the short side, so on both sides what should be the right trade? Sometimes if one thinks about this and if we keep both options open of getting the majority, not getting the majority and I am saying BJP standalone, then you would end up buying a straddle.

battery materials producer Altmin is in talks with the Australian government to secure lithium supplies, the company's managing director said, as part of its expansion plans to meet rising demand for the critical mineral. «We are talking to the Australian High Commission and the critical minerals office,» Anjani Sri Mourya Sunkavalli told Reuters. Altmin, India's only cathode active materials producer, currently sources lithium carbonate from Brazil and Bolivia.

Pidilite Industries Ltd. rose 2.13 per cent to Rs 2933.9 in Friday's trade. It hit an intraday high of Rs 2998.5 and low of Rs 2928.1, respectively, during the day. The stock quoted a 52-week high price of Rs 3116.0 and low of Rs 2293.1.