UPS Financial News

Reliance Retail Ventures Ltd (RRVL) has launched a pilot programme on the government-backed Open Network for Digital Commerce (ONDC) through Fynd, an omnichannel retail platform where the Reliance Industries unit has a stake, people in the know said. Currently, one Reliance Retail store called Shri Kannan Departmental Store in Madurai in Tamil Nadu is live on the seller side of ONDC through Fynd. «This is being done as a pilot. A few more stores in Tamil Nadu are in the pipeline. They are testing it out. If it works, then Reliance Retail will scale it up to five stores and then to 100 stores on ONDC. Gradually all brands owned by Reliance Retail will go live on ONDC,» a source said.

Unacademy has changed the goals for its two cofounders, Gaurav Munjal and Hemesh Singh, to access additional voting rights through bonus shares issued to them in 2022. According to Unacademy’s filings with the Registrar of Companies (RoC), Munjal and Singh will get access to additional voting rights if the company forms a committee by March 2025 to work on its initial public offering.

Asset managers have lined up several new fund offers (NFO) unfazed by the outcome of the general election results on June 4. As many as 12 new fund offers are open or will be launched in the next fortnight. Motilal Oswal launched a multicap fund and JM Financial has started a small-cap fund to complete their product basket in the diversified fund space. Many fund houses are launching thematic funds that include the likes of financial services, manufacturing and special opportunities. Mahindra Manulife and Baroda BNP Paribas are launching manufacturing funds.

venture funds, investment firms backed by veteran corporate leaders as well as several startup founders are among those vying to buy stakes in a slew of new consumer brands that are challenging the dominance of incumbents. Flipkart-backer Accel is in advanced discussions to invest in new-age luggage brand Uppercase valuing it at around $50-60 million, sources aware said. In February, Peak XV Partners invested in premium luggage maker Mokobara, while another investment firm Lighthouse picked a stake in Safari Industries in March. Separately, early-stage home and kitchen products brand Solara has raised capital from Livspace cofounder Ramakant Sharma and others, amid a flurry of deals across segments from luggage to beauty, wellness, pet care, jewellery, food and beverages.

Donald Trump became the first U.S. president to be convicted of a crime on Thursday when a New York jury found him guilty of falsifying documents to cover up a payment to silence a porn star ahead of the 2016 election. After two days of deliberation, the 12-member jury pronounced Trump guilty on all 34 felony counts he faced.

Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly-owned subsidiary of the Reserve Bank of India (RBI), reported a 17% increase in its deposit insurance fund in FY24. The Deposit Insurance Fund (DIF), which is crucial for settling claims of depositors from liquidated or amalgamated banks, climbed to ₹1,98,310 crore as of March 31, 2024, up from ₹1,69,602 crore the previous year.

compliance burdens and costs for Indian startups and businesses providing AI systems in that region and impact their competitiveness, experts said. The Act is expected to come into force by the end of June.

Authorised Push Payment fraud has soared in recent years, with UK losses of more than $500 million last year. To tackle this, regulators are rolling out new rules for the banking industry that, from October, will see the vast majority of money lost to APP frauds reimbursed to victims. However, UK banks have long been campaigning for big tech, social media and telcos to take more responsibility for fraud that originates from their platforms.

Most U.S. stocks rose following mixed profit reports from big companies and signals that the economy may be cooling, but the worst day for Salesforce’s stock in nearly 20 years helped drag indexes lower

 Federal Reserve Bank of Atlanta President Raphael Bostic discusses the year-over-year rate of inflation on 'The Claman Countdown.'

Joker 2, titled "Folie à Deux," continues the story of the iconic Batman villain. Here's everything we know about its release date, cast, plot and more.

In A Violent Nature. This Canadian horror movie, which garnered attention at the 2024 Sundance Film Festival, is set to terrorize audiences as it hits theaters this week. Here’s everything you need to know about where and how you can watch In A Violent Nature.

Jennifer Lopez and Ben Affleck. Now, more credible reports are emerging regarding the relationship between the Oscar-winning actor and the top singer. According to these reports, the couple is heading for a split. However, presently these are just reports and nothing concrete as materialized. What are the differences between the couple?

Disney Television Discovers: Talent Showcase' is back but with a slightly different slant. According to the 'Deadline', the talent showcase will debut with 'D-Day: An Original Workplace Comedy'. This is being undertaken to support upcoming and rising talent. There will be a special screening which will be organized for special invitees of the industry, in the later summer months. Concept note:

Scarlett Johannsson was announced as the female lead in the upcoming Jurassic World movie, currently in the development stage. Now, their excitement seems to have taken a crazy turn as Mahershala Ali, a two-time Oscar winner, is currently in talks to join the cast of the upcoming film.

₹2.16cr.It is noteworthy that Asahi Songwon Colors had declared a loss of ₹10.24cr in the previous fiscal year same period.As compared to the previous quarter, the revenue grew by 23.31%.The Selling, general & administrative expenses declined by 1.77% q-o-q & increased by 19.62% Y-o-Y.The operating income was up by 330.83% q-o-q & increased by 125.74% Y-o-Y.The EPS is ₹1.94 for Q4 which increased by 121.86% Y-o-Y.Asahi Songwon Colors has delivered 6.83% return in the last 1 week, 34.42% return in the last 6 months, and 25.87% YTD return.Currently, Asahi Songwon Colors has a market cap of ₹453.69 Cr and 52wk high/low of ₹402 & ₹186.2 respectively.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹2.16CrQuestion : What is Q4 revenue?Ans : ₹125.97CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹2.73cr.It is noteworthy that PG Foils had declared a loss of ₹4.75cr in the previous fiscal year in the same period.As compared to the previous quarter, the revenue grew by 54.15%.The Selling, general & administrative expenses declined by 32.35% q-o-q & increased by 1.63% Y-o-Y.The operating income was up by 41.5% q-o-q & increased by 52.82% Y-o-Y.The EPS is ₹2.33 for Q4 which increased by 133.91% Y-o-Y.PG Foils has delivered -3.48% return in the last 1 week, -2.07% return in the last 6 months, and 7.93% YTD return.Currently, PG Foils has a market cap of ₹228.71 Cr and a 52wk high/low of ₹296.8 & ₹160.3 respectively.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹2.73CrQuestion : What is Q4 revenue?Ans : ₹104.95CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

Monkey D. Luffy and his adventures on the Grand Line. However, Netflix's live adaptation of the anime was just a gift from the universe, as non-anime viewers also got a taste of what One Piece means for manga and anime lovers. 'One Piece Season 2' previously introduced two new characters earlier, according to a previous ET report, that included Smoker and Tony Tony Chopper.

Royal Bank of Canada’s landmark deal to acquire HSBC Holdings PLC’s Canadian division led to the country’s first decrease in foreign direct investment in 14 years.

A new report has found that billions of dollars in gold is smuggled out of Africa each year and most of it ends up in the United Arab Emirates, where it is refined and sold to customers around the world

The phrase “tea leaves” was heard incessantly on television news networks as they waited out a Manhattan jury's deliberations in former President Donald Trump's hush money trial