UPS Financial News

Insults often stir up feelings of hurt, anger or indignation. Yet, the question arises: do insults truly have the power to wound us, or is it our perception of those words that determines their impact? When someone directs an insult towards us, it may stem from various reasons: perhaps they're upset, frustrated or expressing their own insecurities. However, the crux of the matter lies in how we interpret these words. Our minds play a pivotal role in defining the significance of verbal interactions. Indeed, our dependency on others' opinions runs deep. We give weight to both harsh criticisms and heartfelt compliments, allowing them to shape our self-image. But is this reliance justified? Words, in essence, are merely vehicles of expression; it's the meaning we attach to them that holds sway over our emotions.

Birlasoft reported a net profit of Rs 180 crore in the March quarter of FY24, up 11.8% quarter on quarter (QoQ). The profit for the company grew by a whopping 60.5% on-year. The growth in profit in Q4 comes on the back of surge in non-core income, slight increase in operating margin and a decline in employee expenses. Operating margin jacked up by 33 bps (3.8% QoQ) to end at 14.7% in the final quarter of FY24.

DRHP) with updated financials after markets regulator Securities and Exchange Board of India (Sebi), pressed for detailed key performance indicators or KPIs, a person with knowledge of the development said. The Pune-based company is looking to raise $500 million from its public listing.

ALSO READ: Google layoffs: Sundar Pichai-led Alphabet's arm fires entire Python team, says report “I went downstairs and opened up my laptop. That was 21:00. I got a weird email saying 'Your Cloudtop StopInstance operation has begun' and I suddenly recalled I just had the cloudtop maintenance a few days back, it couldn't be a scheduled task, there is definitely something bad happening.

₹1,400 crore. The latest acquision will see the Karnataka-based hospital chain increase its bed count from 9,500 currently to more than 10,500, making it the largest healthcare group in the country, it said in a statement. Earlier, Apollo Hospitals was the biggest hospital chain in the country with around 10,103 owned and operated beds as of 31 March 2024.

MUMBAI : Unicorns on deal street are finding little love, as investors chasing rising valuations hitch their wagons to smaller startups. Founders, investors and bankers noted greater interest in companies valued up to a billion dollars, while those above $2 billion find few takers. There were 318 deals in companies valued below $1 billion this year against just five in those valued over a billion, one valued over $2 billion and none for companies that are valued over $3 billion, data from Tracxn showed.

MUMBAI : Big banks led Monday's bull charge in stocks, adding the most in percentage terms to the Nifty and Sensex, after trailing their smaller peers in valuations over the past year. The surge lifted the Bank Nifty to a record, helping the Nifty clock a new high during the day. Four of Nifty's five top gainers were banks, fetching 70% of the Nifty’s 223.45-point gain to 22,643.40.

XUV3X0, with a starting price of ₹7.49 lakh, is the most affordable option in the compact SUV category, and is set to compete with the likes of Maruti Suzuki Brezza and Hyundai Venue. Despite its low price, it boasts a range of features that make it an attractive choice for budget-conscious buyers. In comparison, Maruti Suzuki's Brezza starts at an ex-showroom price of ₹8.34 lakh, while Tata Motors' Nexon begins with an ex-showroom price of ₹8.15 lakh.

Pharmacy chain London Drugs Ltd. shut dozens of stores in western Canada on Sunday following a cyber incident.

Honda Motor Co. Ltd.’s announcement last week that it’s building a $15-billion “vertically integrated” electric-vehicle and battery-cell manufacturing complex in Ontario has opened a new chapter in the country’s industrial strategy for the energy transition.

Samajwadi Party leader Shivpal Yadav on Monday claimed the ruling BJP is scared of Mulayam Singh Yadav's family and warned that the more its leaders speak against this family, the more the victory margin of SP will be in the Lok Sabha elections. Speaking to PTI, he also expressed confidence that in the third phase of general elections, candidates of the SP and INDIA bloc will win all 10 seats in Uttar Pradesh. «BJP leaders are scared of Netaji's (SP founder late Mulayam Singh Yadav) family. The more they speak against Netaji and our family, the more the victory margin of SP candidates will be,» Shivpal Yadav said when asked about Union Home Minister Amit Shah's allegation that whatever the SP has is not for the party but for «one family». Shivpal Yadav is the younger brother of Mulayam Singh Yadav.

humanitarian aid has risen to $320 million, a U.S. defense official and a source familiar with the matter told Reuters. The figure, which has not been previously reported, illustrates the massive scale of a construction effort that the Pentagon has said involves about 1,000 U.S. service members, mostly from the Army and Navy. Still, the cost has roughly doubled from initial estimates earlier this year, according to a person familiar with the matter.

Dozens of friends and family of Ahmad Al Marrach gathered in prayer at Peace and Friendship Park on Sunday afternoon — as the community held a vigil in remembrance of the 16-year-old who was killed outside the Halifax Shopping Centre earlier this week.

KPIT Technologies, focused on automative and mobility software services, has reported a 47.2% year-on-year rise in net profit (attributable to shareholders) at Rs 164.4 crore for the fourth quarter ending March 2024. The Pune-headquartered firm’s profit a year ago stood at Rs 111.6 crore in Q4FY23 and at Rs 155.3 crore in the preceding quarter.

PNB Housing Finance reported a 57% rise in fourth-quarter profit on Monday, helped by steady demand for home loans and a decline in bad loans. Demand for premium and luxury housing has been strong over the last year even as the affordable segment saw demand easing due to high interest rates.

Squeezed household budgets may be forcing some American homeowners to tap savings accounts for their monthly mortgage payments but it’s helping maintain low delinquency rates.

As the working week drew to a close in Frankfurt, Deutsche Bank AG’s Christian Sewing was on a roll. Upbeat first-quarter earnings had sent the lender’s shares to the highest level since 2017, bolstering a perception that the firm had finally shaken off its scandal-prone past.

Market Rebellion co-founder Pete Najarian discusses delayed rate cuts by the Fed, inflation and U.S. markets.

Almost threefold growth has occurred in Indian benchmarks over the past decade. The meteoric rise of the stock market has also attracted retail investors' participation in India's equity markets. Income from investments attracts taxes in the form of dividend distribution tax (DDT), long-term capital gains (LTCG), and short-term capital gains (STCG), which individual investors must understand carefully. If investors do not engage in proactive tax management, these taxes have the potential to reduce their total returns. 

Shares of Aurobindo Pharma Ltd.(up 1.82 per cent), Zydus Lifesciences Ltd.(up 1.66 per cent), Laurus Labs Ltd.(up 1.56 per cent), Abbott India Ltd.(up 1.53 per cent) and Lupin Ltd.(up 1.34 per cent) ended the day as top gainers in the pack.

Domestic benchmark index NSE Nifty ended 223.46 points up at 22643.4, while the BSE Sensex closed 941.12 points up at 74671.28.