UPS Financial News

Taylor Swift is «floored» by the love her fans have shown to her latest album "The Tortured Poets Department", which debuted to 2.61 million units following its April 19 release. According to music trade website Billboard, «Tortured Poets» opened at No 1, marking Swift's 14th chart-topping album in her career, which ties Jay-Z for the most No.1s among solo artists in history. At 2.61 million units, it is the highest number of any album since Adele's 2015 release, «25». In an X post, Swift on Sunday expressed gratitude to the listeners for welcoming the album in their life. «My mind is blown. I'm completely floored by the love you've shown this album. 2.6 million ARE YOU ACTUALLY SERIOUS?? Thank you for listening, streaming, and welcoming Tortured Poets into your life. Feeling completely overwhelmed,» she wrote alongside the behind-the-scenes pictures from a recording studio.

Shares of Tube Investments of India Ltd.(up 2.31 per cent), Bosch Ltd.(up 1.42 per cent), TVS Motor Company Ltd.(up 1.0 per cent), Balkrishna Industries Ltd.(up 0.86 per cent) and Mahindra & Mahindra Ltd.(up 0.84 per cent) ended the day as top gainers in the pack.

The departing portfolio managers are Chris Parr, Will Kenney, James Clarke and Niko de Walden.  Rutter joined RLAM in 2017 from Waverton Investment Management, where he worked as a director for global equities for nearly five years. Royal London AM head of fixed income Jonathan Platt to retire Prior to that, he was managing director for global equities at IronBridge International for more than five years and, before that, he worked as a portfolio manager at Deutsche Asset Management, now DWS. Following the resignations, RLAM has reshuffled its global equities team, which will no...

The ASIT board has reached an agreement in principle with the soon-to-be-launched Aberforth Geared Value & Income (AGVIT) trust, on initial terms of a scheme of reconstruction and voluntary winding up of ASIT.   In a stock exchange notice today (29 April), the trust explained the scheme will involve the transfer of part of the assets to AGVIT in exchange for the issue of new ordinary shares and new zero dividend preference (ZDP) shares in AGVIT. Triple Point Energy Transition proposes orderly wind-up If ASIT shareholders approve the proposals, the scheme is expected to become effec...

You can buy anything from apparel to water purifiers, smartphones to smartwatches, air conditioners to refrigerators, televisions to washing machines, and more with leading brands like Samsung, Philips, iQOO, OnePlus, Eureka Forbes, Prestige, Boat, Noise, Maybelline, Puma, Sony, Solimo, and many more. Start browsing now to snag the best deals before they're gone! The Amazon sale begins at noon on May 2; only Prime members may access the Great Summer deal on the Amazon page from midnight May 2. There are ICICI bank cards, BOB cards and Onecard offering 10% instant discounts alongwith summer bonanza rewards, easy returns, and fantastic discounts available along with additional deals like no cost EMI on bank cards, exchange offers, and certificates that can be redeemed later.

West Bengal Chief Minister Mamata Banerjee on Monday criticised the BJP for using the Uniform Civil Code (UCC) as a political ploy ahead of the elections, asserting that Hindus will not benefit from it. Speaking at a rally in the minority-dominated Jangipur constituency in Murshidabad district, Banerjee accused the BJP of resorting to divisive tactics in the face of anticipated defeat in the initial phases of polling. «Whenever there are elections, they use one issue or the other to flare up communal tensions. This time they are talking about the UCC and are propagating that it is against a particular community. But this UCC is nothing but political rhetoric and Hindus in no way will benefit from it,» she said. Banerjee highlighted a growing anti-BJP sentiment nationwide, especially evident after the first two phases of voting.

UltraTech Cement has recommended a dividend of Rs 70 per share while announcing their Q4 results on Monday. The dividend is 700% of the face value for the financial year 2023-2024. The cement maker reported a Profit After Tax (PAT) of Rs 2,258 crore, up 36% YoY, beating the Street estimates of Rs 2,048 crore.

multi-billionaire family of Indian origin made their fortunes in fertilisers and polymers after shifting base to South-East Asia. Today, it is a materials powerhouse across the petrochem value chain. But these days top guns of India Inc chase them for another reason altogether. Their three-year-old project of passion — spread across 1,100 hectares in the heart of Tuscany, Italy — has become one of the hottest holiday destinations for those seeking ultra-chic experiences. After all, if you get the finest vegetarian food in a luxury villa along with an inbuilt village centre, spa and a golf course, all along with a swirl of the finest Tignanello Toscana as a sundowner, why should the bill be a bummer?

Selena Gomez says taking a four-year break from Instagram was one of the best decisions she made for her mental health. The 31-year-old artiste, who is the most followed woman on the platform with 429 million followers, said staying away from social media made her «happier». «I took four years off of Instagram and I let my team post for me. I felt like it was the most rewarding gift I gave myself. I was more present. I was happier,» Gomez said in a recent appearance at the 2024 TIME 100 Summit. She, instead, began connecting with her friends over the phone.

Tax filing season is coming and just like summer individuals must plan to beat the heat. To avoid last-minute hassles and make sure that tax benefits and claims are correctly reported and documentation is proper, enclosed below is a ten-point checklist. 

government will put on sale around 20 critical mineral blocks in the fourth round of auction by the end of June, mines secretary V L Kantha Rao said on Monday. Rao further said that the auction process for seven critical mineral blocks put on sale in the first round is almost complete and the result would be declared in a month's time. Critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential components in many of today's rapidly growing clean energy technologies — from wind turbines and electricity networks to electric vehicles. Demand for these minerals is growing quickly with clean energy transitions gathering pace. Speaking during an event here, Rao said, «When it comes to mining, we have done a lot of auctions. We have put 38 blocks (critical mineral) on auction… We are going to come up with the next auction in end June so this auction process will continue,» the secretary explained.

Indegene has fixed a price band of Rs 430-452 for its maiden public offer, which opens for public subscription on May 6. The company plans to raise around Rs 1,842 crore through the issue, which closes on May 8. The company received a capital markets regulator nod in August last year. The IPO comprises fresh equity issue worth up to Rs 750 crore and offer for sale (OFS) of up to 2.93 crore equity shares by existing investors.

«The most important thing to understand is that we believe that the valuation of Apollo HealthCo will go up by many multiples and this will happen because of the integration of Keimed,» says Suneeta Reddy, MD, Apollo Hospitals. Congratulations on firstly the deal. Outline for us what Advent really brings on the table besides of course growth capital and how is it that you see the synergies build in. The most important thing is that Advent is bringing capital to the table. They are bringing 300 million for 12.1% of the combined entity, which is the current Apollo HealthCo plus Keimed, so they will get 12.1%. In terms of their exit, there is an optionality that can be triggered post five years and I think we have many options on how to handle their exit.

Let's start with your personal story I hail from Madhya Pradesh, where I completed my Bachelor of Engineering. My father served in the state government, while my mother was a homemaker. Coming from a middle-class background, I was the first in my extended family to venture into the field of finance. My interest sparked during my college days through participating in IPOs during the era of the erstwhile CCI. A couple of experiences during the famous Harshad Mehta bull run acted as sort of Eureka moments, further fuelling my fascination with the stock markets. I chose this profession deliberately, opting to transition to Mumbai for a career in financial services, after completing my MBA. How did you land up in this job? I spent a few years in sell-side research before transitioning to the buy-side with a Portfolio Management Service. In 2008, I joined Mirae Asset, where I currently serve as Chief Investment Officer, overseeing the equity investment function with assets under management of approximately Rs 140,000 crore.

The move follows a counteroffer by Apollo-backed Concord Music last week, which increased its original bid to $1.25 per share, valuing SONG at around $1.51bn. Concord Music trumps Blackstone's bid for Hipgnosis Songs with raised $1.51bn offer In a stock exchange notice today (29 April), Blackstone explained its latest bid represents a 4% increase to Concord's revised offer and a 48.1% to Hipgnosis' closing price of 71p per share as of 17 April 2024 – the last business day before the beginning of the offer period. The private equity firm said its latest offer provides «an attractive...

While Employees Provident Fund (EPF) subscribers are anxious over not receiving the interest in their accounts for the last financial year, the standard response given by the retirement fund body does not allay their concerns either.

₹20 crore or more currently. Earlier this month, Amazon miniTV, Amazon’s free video streaming service launched a bouquet of over 200 shows and movies dubbed in Tamil and Telugu languages. The line-up of dubbed titles includes Hindi originals of miniTV such as Hunter- Tootega Nahi Todega, Physics Wallah and Rakshak- India’s Braves, besides Hollywood movies dubbed in Tamil and Telugu, including Twilight, Now You See Me, Hunger Games series, the Step Up franchise, Red, and more.

Supreme Industries share price: Shares of Supreme Industries continued witnessing strong buying interest on Monday, April 29, as the stock jumped over 8 per cent in morning trade on BSE, buoyed by the company's healthy March quarter result. Supreme Industries share price opened at ₹4,430.55 against its previous close of ₹4402.30 and rose over 8 per cent to hit the day's high of ₹4,758.85 in Monday's trade so far. Around 11:30 am, Supreme Industries share price traded 7.88 per cent higher at ₹4,749 apiece.

Death by firing squad is a sentence usually meted out in the military for heinous crimes like murder or desertion. The condemned prisoner is tied to a post or stood against a wall. A group of five or more soldiers aim at him, and on command, fire their rifles simultaneously.

Apollo Hospitals Enterprise fell over 8 percent in intra-day trading today (April 29) after the firm announced that it will raise ₹2,475 crore (approximately $300 million) through private equity firm Advent International for its unit Apollo HealthCo. This unit manages Apollo's Apollo 24/7 vertical. Additionally, there are plans to merge Keimed, a promoter-owned wholesale pharma distribution business, with Apollo HealthCo over the next 24 to 30 months.

has detected fraud at one of its branches in the northeast. The fraud involved retail vehicle loans and included forgery of know-your-customer (KYC) documents, leading to the embezzlement of huge funds. According to the lender, the financial impact of the fraud was estimated at up to ₹150 crore.