UPS Financial News

08.05 / 11:37

UPS Art Actor love performer stage Relationships play ‘Letters of Suresh’: A play that celebrates handwritten letters

Tumhari Amrita and Mughal-e-Azam—is rehearsing for his new play, Letters of Suresh. And as the title suggests, actor Vir Hirani can be seen reading out excerpts from a set of letters. The play is not set too far back in the past; rather, it deals with the post-pandemic reality.

08.05 / 11:37

UPS Citi Provident Enterprise Research information volunteers 'Zomato Giveback': Deepinder Goyal unveils India's 1st crowd-supported weather infrastructure

Zomato, provide localised, real-time information on key weather parameters such as temperature, humidity, wind speed, rainfall etc," he said. Currently available across 45 large cities, these weather stations will expand in other Indian cities “very soon". Goyal, in his post, said that the “rich data" from these weather stations hold significant potential in unlocking weather use cases for enterprises and research institutes.

08.05 / 11:11

UPS Citizens economy Sustainability country information Trash it right: We must transform waste management

Heard of the Trash Isles? It’s a ‘country’ with over 100,000 citizens, with Judi Dench as its queen and Dwayne ‘The Rock’ Johnson as defence minister. This floating mass of trash clumped together and polluting the Pacific Ocean was declared an imagined country by an awareness campaign to focus attention on the ‘no man’s land’ that gets polluted by everyone’s waste but is taken care of by no one.

08.05 / 11:03

UPS Merit Food beautiful information stars Jay-Z’s no ‘Cowboy Carter’ as Pendulum investment deal nears

Marcy Venture Partners, the firm co-founded by hip-hop star Shawn “Jay-Z” Carter, is in advanced talks to merge with the investment arm of Pendulum Holdings, according to people familiar with the matter.

08.05 / 11:03

markets COST UPS Target economy Cycling show Real estate investors gain as rents stay higher for longer

Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all this tightening cycle.

08.05 / 10:25

COST UPS Election recommendations EPFO: Increase in gratuity on account of hike in DA put in abeyance with immediate effect

approved releasing additional dearness allowance (DA) and dearness relief (DR) to central government employees and pensioners effective January 1. The DA has been raised from 46 percent to 50 percent of the basic pay or pension. As DA hikes, all other related allowances such as house rent allowance (HRA), gratuity ceiling and hostel subsidy are also set to increase.

08.05 / 09:55

COST UPS CEO Align Profiles Top-up home loans: Tenure, interest rate, and other things to keep in mind when applying

Top-up home loans are a type of loan offered to homeowners who already have an existing home loan. This type of loan allows borrowers to borrow additional funds on top of their existing loan amount.

08.05 / 09:53

COST UPS Provident CEO Profiles Tax efficiency 101: How to maximise income tax benefits on home loans

₹2 lakh on the interest paid on the loan each year, reducing your taxable income. Moreover, the repayment of the principal amount can also lower your taxable income by up to ₹1.5 lakh annually. Under the old tax regime, first-time homebuyers opting for a home loan can benefit from tax deductions to reduce their tax burden.

08.05 / 09:53

UPS IPO Manufacturing security Sustainability Experts GRE Renew Enertech raises ₹3.25 crore in private placement, aims IPO launch in August this year

₹3.25 crore in a private placement round. The firm, which supplies sustainable lighting and power products solutions, has secured the funding while it aims to launch its initial public offering (IPO) to raise nearly ₹30 crore around August this year. "GRE Renew Enertech has successfully secured funding of ₹3.25 crore in a private placement round.

08.05 / 09:53

markets UPS PINK Motorola blues Sporting Motorola Edge 50 Fusion launching in India next week: Everything we know so far

Motorola Edge 50 Fusion was first introduced in Europe earlier this year, alongside the Motorola Edge 50 Ultra and Edge 50 Pro. The Edge 50 Pro has already been released in India, and now it is the Edge 50 Fusion's turn. The smartphone is equipped with a 144Hz refresh rate display, a 50MP dual-camera setup, and 68W fast charging capability.

08.05 / 09:49

markets UPS BLOCK Manufacturing Trade country Hero Moto to make 'big strides' in FY25 through EV product launches in mid & affordable segment

Hero MotoCorp, signalling a positive outlook for the upcoming year, on Wednesday said that it will launch electric variants in the mid and affordable segment. «Coming year willsee ustaking big strides in EV, through product launches in mid and affordable segment. Overall, we see a very positive outlook for upcoming years,» said Niranjan Gupta, Chief Executive Officer (CEO), Hero MotoCorp in a stock exchange filing. «From the highest number of product launches, to the expansion of new format retail outlets and upgrade at super speed, to a digital‐first approach in premium, we set the building blocks in place for accelerated growth in future,» Gupta added.

08.05 / 09:49

markets UPS WhatsApp reports Hero MotoCorp Q4 Results: PAT jumps 18% YoY to Rs 1,016 crore; dividend declared at Rs 40 per share

Two-wheeler major Hero MotoCorp on Wednesday reported a standalone net profit of Rs 1,016.05 crore for the quarter ended March 31, 2024, which was up by over 18% versus Rs 858.93 crore reported by the company in the year-ago period. The profit was broadly in line with the Street's estimates of Rs 1,026 crore. The standalone revenue from operations stood at Rs 9,519 crore for the reported quarter, 14.6% higher over Rs 8,306.78 crore reported in the corresponding period of the last financial year.

08.05 / 09:13

UPS Remark Election ‘Rahul Gandhi forced Modi to expose…’, Congress hits back at PM's ‘Ambani-Adani’ jibe

Adani-Ambani?" jibe at Rahul Gandhi, saying the Wayanad MP has finally forced the Prime Minister to expose corruption by making serious allegations against industrialists Gautam Adani and Mukesh Ambani. “Narendra Modi has made serious allegations against Gautam Adani and Mukesh Ambani. Adani and Ambani give away black money in bags.

08.05 / 09:13

markets UPS Updates Vaccines London FTSE 100 zooms to record high on AstraZeneca COVID-19 vaccine withdrawal, wait for Bank of England rate decision

AstraZeneca, after the drugmaker initiated a worldwide withdrawal of its COVID-19 vaccine, while investors awaited the Bank of England's interest rate verdict. By 07:07 GMT, the blue-chip FTSE 100 edged up 0.4% at 8,345.31 to climb another all-time peak. Also Read | ITC, HDFC Bank, Paytm among 300 BSE 500 stocks that are over 10% below their 52-week highs.

08.05 / 09:13

UPS Citi Manufacturing Death President Value chain risk: Will Vietnam end up like another Chinese province?

Vietnam’s anti-corruption drive, which the ruling Communist Party chief Nguyen Phu Trong likened to a “blazing furnace," is running hot. This year alone, two of the four pillars of power, including the chairman of the parliament and the country’s president, left their posts amid graft allegations. Last month, Truong My Lan, a real estate tycoon and Vietnam’s richest woman, was sentenced to death for her role in a $12 billion fraud case that involved Saigon Commercial Bank, one of its largest lenders.

08.05 / 09:13

COST UPS FIVE Nestle performer reports Q4 Results Review: 5 cos including HDFC Bank, TCS contribute 75% to Nifty earnings growth; see top upgrades, downgrades

These five companies contributed 75 percent to the incremental YoY accretion in earnings. Conversely, Tech Mahindra, Reliance Industries, and Wipro contributed adversely to Nifty earnings, it stated. As of May 4, 2024, 28 Nifty stocks posted notable growth across key financial metrics, surpassing initial estimates.

08.05 / 08:45

markets UPS Man trends country Videos Aparna Purohit quits Amazon Prime Video after 8 years, may join Aamir Khan's firm

India is one of the fastest-growing and largest markets for Prime Video. Outside the US, for the last several years, more people have signed up for Prime in India than anywhere else in the world, Hopkins had said.

08.05 / 08:37

UPS Election Trade performer country reports Larsen & Toubro Q4 results today: Here's what analysts expect from financials to order in flows

Larsen & Toubro Ltd ( L&T)share price that opened almost flat on Wednesday was trading volatile. While Larsen & Toubro share price gained slightly more than 1% on the upper side, Larsen & Toubro share price also had seen correction of more than 1% in morning trades indicating nervousness ahead of Q4 results. Larsen & Toubro share price has remained the favorite of investors as strong economic growth in the country is likely to drive earnings growth of behemoths as Larsen & Toubro.

08.05 / 08:37

UPS Provident Aviat Progressive Airlines country A 15-year tax on imported private jets might fly into the sunset

NEW DELHI : The government is considering a proposal to scrap the import duty on business jets as the tax introduced a decade-and-half ago has approached the end of its intended tenure. A tax of 2.5% is levied on private and business airplanes that are imported for so-called non-scheduled aircraft operations, while there’s no such tax on commercial jets.

08.05 / 08:37

UPS Digital Election track stars reports Sporting Do you have a favourite IPL team? Half of all fans don't, says a new survey

Also read: IPL, elections are all fair game on illegal betting apps The study focused on brand-recognition dynamics during the league, and tracked about 130 brands in 25 product categories. Respondents were from the top metros and tier-2 cities including Kolkata, Lucknow, Delhi, Chandigarh, Ludhiana, Jaipur, Udaipur, Ahmedabad, Chennai, Surat, Mumbai, Pune and Hyderabad. Mahendra Singh Dhoni's popularity played a major role in making CSK a fan favourite.

08.05 / 08:01

COST UPS economy Experts cover guidelines RBI's latest norms may derail Modi govt's flagship economy driver

Reserve Bank of India will likely enforce a rule that could dampen the spirits of India’s capital expenditure momentum, a highlight of the Narendra Modi government’s tenure at the Centre. RBI has issued draft guidelines asking lenders in India to increase their provisioning for infrastructure projects which are under construction and has asked them to ensure strict monitoring of any emerging stress. In essence, provisioning entails lenders allocating a specific portion of their balance sheets as reserves to cover expected future losses.

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