UPS Financial News
13.05 / 17:41
markets
UPS
Incyte
exclusive
reports
rights
US stock markets: Incyte shares climb over 8% on $2 billion stock buyback plan
ALSO READ: Wall Street today: US stocks rise as investors eye inflation data “This tender offer reflects our confidence in the future outlook of our business, the strength of our commercial product portfolio and our clinical development pipeline and Incyte’s long-term value. We believe the current valuation of Incyte stock makes repurchases of our stock an attractive investment and an opportunity to enhance long-term shareholder value," said Hervé Hoppenot, chief executive officer, Incyte Corp.
13.05 / 17:41
markets
UPS
Platform
Sustainability
electronic
testing
From Amazon to Cashify: Top 5 Platforms for ‘Refurbished Premium’ Smartphones
Amazon, a titan in the e-commerce industry, also offers a wide selection of "renewed" smartphones through its platform. Each device undergoes comprehensive diagnostic testing and inspections before being reset to factory settings, guaranteeing functionality and quality for buyers. Specializing in refurbished smartphones, ReFit Global offers the affordability and environmental benefits of refurbished electronics.
13.05 / 17:41
markets
UPS
Manufacturing
Sustainability
performer
reports
INOX India Q4 results: Net profit jumps 44% YoY to ₹44 crore; revenue up 17%
₹44 crore in Q4FY24 from ₹30.6 crore during the year-ago quarter. The company's revenue increased 17% year on year from ₹235 crore to ₹276 crore during the period under review. “With numerous historic milestones crossed, FY24 continues to delight us and our stakeholders.
13.05 / 17:29
UPS
Election
show
peace
LS polls: Srinagar records voter turnout at 36.58 pc, highest since 1996
voter turnout of more than 36 per cent took place in the redrawn Srinagar Lok Sabha seat without any untoward incident on Monday, the highest since 1996 when the constituency in Jammu and Kashmir recorded nearly 41 per cent polling. The Srinagar constituency recorded 36.58 per cent voting till 8 pm, the Election Commission of India said.
13.05 / 17:29
UPS
Provident
Extreme
Sustainability
performer
innovations
Features
10 Best Solar Panels in India: Harnessing Innovation for a Sustainable Future (2024)
Their importance lies not only in their capacity to generate clean electricity but also in their versatility, offering solutions for a myriad of applications, from residential rooftops to vast commercial installations. As the demand for renewable energy grows, selecting the best solar panels ensures reliable performance and long-term savings on energy costs. More than just a technology, solar panels represent a tangible step towards the commitment to a cleaner, more sustainable world.
13.05 / 17:27
UPS
Target
CEO
Pool
wellness
Cairn Oil & Gas reserves & resources grows by 19% in FY24
Cairn Oil & Gas, one of the top private oil and gas exploration and production firms and an arm of Vedanta, aims to drill 20 exploration wells by 2025 targeting approximately 500 millions of barrels of oil equivalent (MMboe) gross unrisked prospective resources, the company said on Monday.
13.05 / 17:27
UPS
security
show
performer
stage
bowling
IPL 2024 Playoffs: As KKR qualify, what are the chances of RR, CSK, RCB, LSG and SRH- Explained
As the league stage of IPL 2024 approaches its conclusion with just eight games remaining, Kolkata Knight Riders stand as the sole team to have secured a playoff berth, leaving three spots still up for grabs. Here’s a breakdown of how the teams in contention are positioned.
13.05 / 17:17
13.05 / 17:11
markets
UPS
Digital
Platform
Mobile
reports
Schools
MapmyIndia's Q4 net profit rises 35% to Rs 38 crore
CE Info systems, which owns the digital map services platform MapmyIndia, has reported a 35% surge in its consolidated net profit to Rs 38.2 crore in the March quarter of FY24, up from Rs 28.3 crore a year ago.
13.05 / 17:11
markets
UPS
Opinion
Covenant
tenor
reports
SP Group company Goswami Infra seeks nod from bondholders to change terms of Rs 14,300 crore bonds
Shapoorji Pallonji Group company Goswami Infratech has approached bond investors to tweak a debt covenant to avoid a higher interest outgo. In mid-2023, Goswami Infratech raised Rs14,300 crore zero coupon bonds maturing in April 2026, offering 18.75% as a redemption premium. These bonds also have a so-called most favoured nation (MFN) clause, which says that if any Shapoorji Pallonji (SP) group affiliate borrows at a higher rate after May 26, 2024, Goswami Infratech will have to offer the same return to its bondholders.
13.05 / 17:11
UPS
President
DAL
stage
social
PM Modi holds roadshow in Varanasi, to file nomination on Tuesday
Varanasi (UP): A day before filing his nomination papers from the Varanasi Lok Sabha seat, Prime Minister Narendra Modi held a six-kilometre-long roadshow on Monday evening and said the warmth and affection of people is «unbelievable». People lined the barricaded roads, some of them holding saffron flags, balloons and small «trishuls». Small stages were set up along the route where cultural performances were held. Cutouts of famous people from Kashi were installed in many places.
13.05 / 17:11
13.05 / 17:09
markets
UPS
pandemic
Trade
International
Pharmaceuticals
India Exim Bank's PAT rises 62% in FY24 to ₹2,518 crore
₹2,518 crore for FY24, up 61.8% on year, on the back of robust growth in its loan portfolio and a rise in net interest income (NII). The Mumbai-headquartered financial institution, which finances, facilitates and promotes India's international trade, said its total business for FY24 stood at ₹3.4 trillion, up 17.8% annually.
13.05 / 17:01
markets
UPS
Aviat
Election
Cummins
Trade
recommendations
Chandan Taparia recommendations: How to trade Cummins India, Godrej Consumer, IndiGo shares tomorrow
Sensex rose 111.66 points, or 0.15%, to end at 72,776.13, while the Nifty 50 settled 48.85 points, or 0.22%, higher at 22,104.05. The Nifty index opened flattish on May 13 and after the fall in the early session, it saw a decent recovery and recouped all its intraday losses. The Bank Nifty index ended its eight-day losing streak and jumped 333 points to close at 47,754.
13.05 / 16:17
13.05 / 16:07
UPS
Progressive
stage
Commentary
inflation data
Brent hovers above $83 as inflation data takes centre stage
Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S. policymakers are likely to keep interest rates higher for longer. Brent crude futures were up 55 cents at $83.34 a barrel by 1239 GMT. U.S. West Texas Intermediate crude futures rose 62 cents to $78.88.
13.05 / 16:07
UPS
Reuters
CME
Yellow
rights
Rate Cut
inflation data
Gold dips as traders await US inflation data for more Fed rate cut cues
Gold prices dipped on Monday on profit-taking as investors looked forward to key inflation figures this week for clues on the U.S. interest rate cuts this year. Spot gold fell 0.7% to $2,342.95 per ounce by 1442 GMT. It had hit its highest level since April 22 on Friday.
13.05 / 16:07
UPS
Election
President
rights
Lok Sabha polls: 57.55 per cent voter turnout recorded till 6 pm in UP
voter turnout of approximately 57.55 per cent was recorded till 6 pm on Monday in Uttar Pradesh where polling was held in 13 Lok Sabha constituencies in the fourth round of the seven-phase general elections. Polling was held between 7 am and 6 pm.
13.05 / 16:07
markets
COST
UPS
WhatsApp
Jindal Steel Q4 Results: Profit doubles in March quarter on lower costs
The company produced 2.05 million, and sold 2.01 million tonnes of steel during the quarter. This compares to production of 2.02 million, and sales of 2.03 million tonne in the comparable quarter in the previous year. Of this, exports accounted for around 11% of the total sales, the same as the previous year.
13.05 / 15:59
13.05 / 15:33
UPS
Provident
performer
travelers
prevention
Features
Videos
Best Laptop PC Accessories: Choose the best one among the different options for your everyday need
PCs, computers, and MacBooks. This hub is plug-and-play, eliminating the need for drivers or software installation, ensuring a trouble-free experience. With its compact size and portability, you can conveniently carry it anywhere, making it a practical and versatile accessory for expanding USB connectivity on your devices while on the go or at home.
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