UPS Financial News
10.05 / 10:31
markets
UPS
Opinion
Experts
reports
recommendations
CAMS Q4 Results: Consolidated PAT jumps 39% YoY to Rs 103 crore; co declares Rs 16.50/sh dividend
CAMS) reported a consolidated net profit of Rs 103.50 crore for the quarter ended March 31, 2024, a rise of 39% against the profit after tax (PAT) of Rs 74.61 crore posted in the year-ago period. The consolidated revenue from operations rose 24.6% year-on-year (YoY) to Rs 310.46 crore. The company also recommended a final dividend of Rs 16.50 per share.
10.05 / 10:31
UPS
Booking
security
Election
President
PM Modi worried after 3rd phase of Lok Sabha polls: AICC chief Mallikarjun Kharge
BJP and Prime Minister Narendra Modi, AICC president Mallikarjun Kharge on Friday said Modi and his cabinet colleague Amit Shah are «worried» after the third phase of the Lok Sabha elections and they started abusing the Congress party. Addressing a press conference here, Kharge said to the BJP leaders, instead of seeking votes on their «development,» they are abusing the Congress leaders and distorting their (Congress) leaders' speeches, which according to him, is not required. Stepping up the attack on the saffron party, he asked «What is PM Modi doing if Congress is getting tempo loads of money from „Adani and Ambani?“ »After three phases of polls, Modi and Shah Saab got worried. They stopped talking about their manifesto, but only are abusing Congress," Kharge said.
10.05 / 10:31
UPS
Booking
security
Election
Justice
Courts
Six ex-Congress MLAs withdraw plea from SC against disqualification from Himachal Pradesh Assembly
MLAs on Friday withdrew their plea from the Supreme Court against the Himachal Pradesh Assembly speaker's decision to disqualify them from the House. A bench of Justices Sanjiv Khanna and Dipankar Datta was told by senior advocate Abhinav Mukherjee, appearing for the former MLAs, that they want to withdraw the petition. «We knew this was going to happen due to the elections,» the bench observed while allowing them to withdraw their plea. The six former MLAs are now contesting assembly bypolls, which were necessitated after their disqualification, as BJP candidates.
10.05 / 10:31
UPS
Booking
Election
President
EC pulls up Congress' Kharge for 'obstructing' Lok Sabha elections through 'baseless allegations'
Election Commission of India on Friday criticised Congress President Mallikarjun Kharge for allegedly 'obstructing' the ongoing Lok Sabha elections. The commission has termed Kharge's views as 'aggression on vitals of live election operations.' "Baseless allegations regarding release of voter turnout data in middle of ongoing polls are designed to create confusion, misdirection and impediments in the conduct of free and fair polls. Utterances can have negative impact on voters’ participation and demoralize the large election machinery across states," news agency ANI quoted EC as saying. “The pattern in series of past, present irresponsible statements from the Congress party is disconcerting,” the commission said.
10.05 / 10:23
UPS
Provident
security
wellness
electronic
Updates
Demat account nomination: How to update nominee details? A step-by-step guide
demat account, which you can open with a Depository Participant (DP) authorised by the Securities and Exchange Board of India (SEBI). A demat account allows you to hold securities in electronic form. DPs register the accounts with either the National Securities Depository Limited (NSDL) or the Central Depository Services Limited (CDSL).
10.05 / 10:23
markets
UPS
IPO
Provident
Booking
Experts
band
Veritaas Advertising IPO to open on May 13; price band set at ₹109-114 apiece
₹109 to ₹114 per share. The IPO lot size for Veritaas Advertising is 1,200 shares. The equity share allocation is as follows: Market Maker is allotted up to 37,200 equity shares; Non-Institutional Investors (NII) is allotted up to 1,06,800 equity shares; Retail Individual Investors (RII) is allotted up to 2,48,400 equity shares; and QIB Anchor Portion is allotted up to 1,74,000 equity shares.
10.05 / 10:23
markets
UPS
CEO
Election
President
2020
Corporate America is sitting out the Trump-Biden rematch
What election? In the midst of what many expect to be the most toxic presidential campaign in modern history, American businesses are going to extraordinary lengths to stay off the political radar. Some CEOs are privately drawing up plans to tell employees not to expect comments on political matters in all-hands sessions. Others are reconsidering common election initiatives, such as get-out-the-vote drives, fearing those could be viewed in the current moment as partisan.
10.05 / 10:03
UPS
Trade
recommendations
Bank of Baroda Q4 results: Net profit rises 2.3% YoY to ₹4,886.5 crore; declares dividend of ₹7.6 per share
₹4,886.49 crore for the fourth quarter of FY24, registering a growth of 2.3% from ₹4,775.33 crore in the year-ago period. The bank’s net interest income (NII) in Q4FY24 also increased 2.3% to ₹11,793 crore from ₹11,525 crore, YoY. Global Net Interest Margin (NIM) improved by 17 basis points (bps) sequentially and stood at 3.27% in Q4FY24 from 3.10% in Q3FY24.
10.05 / 10:03
UPS
Provident
wellness
cricket
Rahul Dravid's contract to end soon: Why BCCI will likely face an uphill task finding a new coach for Team India?
Hindustan Times, BCCI's recent attempts at scouting for a new head coach didn't go that well, as reputed coaches are shying away from devoting ten months of the year to a national team. Moreover, BCCI Secretary Jay Shah clarified that the board is seeking a long-term contract. "We are looking for a long-term coach, for three years," he said while speaking with select media on Thursday.
10.05 / 10:03
markets
UPS
Strategy
community
performer
innovations
Features
Shiba Shootout
Can Shiba Reclaim its All-time High in 2024? Shiba Shootout Presale Suggests So
Shiba Inu, the meme coin that made a splash in the cryptocurrency scene in 2021, has been through ups and downs since hitting its peak. Investors are eagerly anticipating its surge, questioning whether Shiba Inu can make a comeback to its glory.
10.05 / 10:03
Hollywood
UPS
Fox
Apple
Warner Bros
reports
rights
Sporting
Bundles are the hottest new show in streaming
Can old enemies make for good friends? The future of streaming media might depend on the answer. Disney and Warner Bros. Discovery surprised investors this week with plans to launch a new streaming bundle that will combine Disney+, Hulu and Warner’s Max service.
10.05 / 10:03
UPS
Election
Trade
Diversity
Updates
Tata Motors Results 2024 Live Updates: Net profit to rise 20%, shares trade higher
Motilal Oswal Financial Services anticipate a slowdown in commercial vehicle (CV) growth up until the first half of FY25, primarily attributed to reduced industrial activity preceding elections. However, they forecast a resurgence in demand during the second half of FY25.
10.05 / 09:39
UPS
FIVE
Waters
Boxing
cover
testing
Inside the bunker with a Ukrainian vampire drone squad
NEAR IVANIVSKE, Ukraine—For 48 hours, as the soldiers fought to hold a trench on Ukraine’s eastern front, their stores of water had been dwindling. Now, they had only a few sips left. The roads to resupply them were effectively cut off—made impassable by attack drones.
10.05 / 09:39
UPS
Waters
ICE
DISH
love
hospital
Mangoes shake up the cocktail scene
murabba for a refreshing Murabba Mule. The fruit—be it ripe and juicy or raw and tart—has layers of flavour, and bartenders are harnessing it to make a range of cocktails. The unique tartness of mangoes comes from a combination of citric and malic acids, wrote Krish Ashok in Lounge in 2021 in a piece titled What is the science of mangoes? The pronounced sweetness in the fruit limits the need for the use of sugar, making a cocktail more appealing.
10.05 / 09:39
UPS
Target
Reuters
trends
exclusive
reports
Interviews
Punjab National Bank plans $898 million capital raise via QIP, exclusively for institutional investors
Punjab National Bank (PNB), one of India's major state-run lenders, is set to complete a significant share sale to institutional investors within the next six months, Chief Executive Officer Atul Kumar Goel has said. The move is part of an effort to bolster the bank's capital reserves, Goel told Reuters in an interview. In December, the bank's board approved a plan to raise 75 billion rupees (approximately $898 million) through equity capital.
10.05 / 09:39
UPS
Man
Williams
Ball
film
War
stars
What to watch this week: ‘Adagio’, ‘Kingdom of the Planet of the Apes’ and more
War for the Planet of the Apes, ape king Proximus Caesar wages war on other clans, while chimpanzee Noa and human Mae set out on a perilous journey. This fourth instalment in the rebooted Planet of the Apes series is directed by Wes Ball, who made the Maze Runner films. Starring Owen Teague, Freya Allan, Kevin Durand, Peter Macon and William H.
10.05 / 08:37
UPS
FIVE
Analysis
Enterprise
show
performer
Big stock movers of past year have brought fat returns
₹10 lakh at IRFC's lowest price each day and sold at the highest price (or short-sold at the highest price and bought back at the lowest), they could have made ₹1.17 crore in a year. Even capturing 20% of these gains would yield an annual return of over 200%. Intra-day movement is calculated as the difference between the daily high and low prices, divided by the low price.
10.05 / 08:37
UPS
Trade
Midcap stock Jupiter Wagons jumps to all-time high, quadruples money in 1 year. Time to sell?
Jupiter Wagons share price: Shares of Jupiter Wagons continued witnessing buying interest for the fourth consecutive session on Friday, May 10, as they surged almost 13 per cent to hit their fresh all-time high of ₹474.40 in intraday trade on BSE. Jupiter Wagons share price opened at ₹430.50 against its previous close of ₹420.65 and rose 12.8 per cent to the record high level of ₹474.40.
10.05 / 08:37
UPS
FIVE
social
reports
Features
Interviews
Duolingo to bet on generative AI subscription plan
Duolingo says its investment in artificial intelligence is paying off after the language-learning app posted a 54% surge from last year in first-quarter paid subscribers to 7.4 million. The company, which reported a 45% increase in first-quarter revenue to $167.6 million, said generative AI has accelerated its subscription growth and enabled faster content creation. The technology has enabled the company to boost its outlook while other online learning companies report sales declines for the quarter.
10.05 / 08:37
COST
UPS
Provident
Strategy
Cycling
Want to take a home loan overdraft facility? Here are its pros and cons
Also Read: Income tax: Home loan benefits when two houses are self-occupied The lender establishes an overdraft limit, usually matching your home loan balance. You are provided with a linked savings or current account to oversee the overdraft. You also have the option to deposit additional funds into this account, which will be used to prepay your home loan and lessen your interest payments.
10.05 / 08:37
markets
UPS
FIVE
Election
wellness
Experts
gatherings
Stock market today: Why is India VIX Index skyrocketing during Lok Sabha elections?
Stock market today: After bleeding for the five straight sessions, the Indian stock market had a sigh of relief as there was some relief rally in early morning deals on Friday. However, the Indian volatility index, India VIX, continues to remain on the higher side. The India VIX today opened flat at 18.20, but the index soon gathered momentum and touched an intraday high of 18.66.
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