UPS Financial News

T20 World Cup 2024 squad, Jasprit Bumrah displaying all-rounder potential can really change things for Team India. The internet seemed in awe of Jasprit Bumrah's batting skills and said that the pacer should be promoted up the batting order during IPL 2024. Mumbai Indians fans, who are really upset over Hardik Pandya replacing Rohit Sharma as the franchise's skipper, quipped that Jasprit Bumrah was a far better option if MI wanted to change the captain.

inheritance tax’ row, Bhupesh Baghel, former Chief Minister of Chhattisgarh, on Friday labelled PM Narendra Modi as ‘liar’ and said he has no idea about history. "PM Modi is a liar. He has no knowledge of history or the rules.

Multibagger IPO: Investing in stocks is like investing in business and one should hold one's shareholding as long as one can after getting invested. A stock investor has to believe that money is not in the buying and selling of stocks but in the holding. So, one should hold the stock as long as one can and this rule implies on the primary market investors as well.

₹340 crore, due to slower revenue growth and a reduction in margins. Its revenue grew 5 percent YoY to ₹2,537.5 crore. In terms of margins, management expects a "slightly muted" performance in the near term as the company invests in critical areas for future growth.

«Wherever there have been dips, the market has been bought into, sectors have been bought into, stocks have been bought into,» says Rahul Bhuskute, Bharti AXA Life Insurance. You guys at Bharti AXA Life, what are you making of the broader market resilience which has come back, that entire negativity triggered by some commentary from AMFI on stress test of the mutual fund small and midcap, plus, of course, regulator comments on froth in that pocket, all of that appears to be getting digested. You think valuations are comfortable now to get in? I think, yes, you spoke about market resilience and that has really been the heartening feature of this market. One could make that argument that valuations are higher on a historical basis or compared to other emerging markets, etc, but the market has shown resilience.

religious tourism. According to the Ministry of Tourism data, last year 8.5 crores of tourists visited Varanasi(Kashi), around 4.5 crore people visited Prayagraj and more than 1.5 crores of people have visited Ayodhya Ram temple since the consecration ceremony. Many experts feel Varanasi will outdo Goa, Agra, and Shimla. «During the COVID period when the temples were closed down, our Prime Minister thought let's make the temples a place where everybody would like to visit. So we came up with the idea of having the Kashi Vishwanath corridor. It has changed the entire tourism scenario of the state and in year 2023 we had more than 10 crore tourists» said Preeti Srivastava, Deputy Director, Department of Tourism, Government of Uttar Pradesh to ANI.

Aussiebum, Australian brand of men's swimwear, underwear, and clothing plans to establish its own manufacturing unit in India to produce for domestic and global markets, Sean Ashby founder and CEO of the company told ET. The brand aim to capture 3-5% share of the innerwear market in India by 2026 and has already started selling online. “This localized production will create employment opportunities while enabling aussieBum to seamlessly blend Indian talent and resources into its design and innovation process,” said Ashby.

Kirloskar Pneumatic Company shares surged another 18% in today's intraday session, reaching a new all-time high of ₹1,076.70 apiece. Investors continued to express optimism following the company's healthy performance for Q4 FY24 and for the full fiscal year. During the previous trading session, the company soared by 15% after it released its results during market hours, surpassing analysts' expectations.

Tech Mahindra will take several steps, including scaling up capabilities in key markets and service lines, focusing on top accounts, and implementing a cost-optimization programme named Project Fortius, which is expected to yield an average benefit of $250 million annually over FY25-FY27, according to management. Additionally, the company plans to consistently hire freshers to improve its workforce structure over the medium term. The management also aims to increase its return on capital employed (RoCE) to over 30% and return at least 85% of the free cash flow to investors by FY27.

New Delhi (India), April 22: The Indian e-commerce sector is witnessing a meteoric rise, fuelled by millions of new internet users and soaring smartphone ownership. While online shopping has become mainstream, a key challenge persists: an efficient delivery and logistics network. Traditional methods struggle with inefficiency and high costs, hindering the smooth flow of e-commerce.

mutual funds, which offer a plethora of benefits making them an enticing option for planning your child's education. When contemplating investments for your child's education, adopting a long-term perspective is crucial. Mutual funds present the advantage of diversification, dispersing risk across various investment avenues.

₹443 per share with a gain of 2.5%. In the last four trading sessions alone, the stock has surged by an impressive 31.30%. Since hitting its lows in March 2024, the stock has seen a remarkable 61% increase in value.

Mutual funds emerge as the ultimate companion for financing your child's education, offering an array of benefits tailored to meet this crucial financial goal. Delve into the realm of why mutual funds stand as the perfect fit for nurturing your child's educational journey. Embarking on your child's educational voyage resembles navigating a financial roller coaster, where finding the optimal investment vehicle can seem akin to searching for a needle in a haystack.

Rahul Dravid on Friday cast his vote in Bengaluru during the second phase of polling in Lok Sabha elections 2024. In the video, Dravid was seen standing in a queue with other voters waiting for his turn to cast vote. He also urged people to exercise their franchise, saying, “Everyone must come out and vote.

India Today reported. Achinthya Sivalingam, who hails from Tamil Nadu's Coimbatore and was brought up in Columbus, Ohio, has been banned from the University, for participating in the agitation within the campus premises, pending a disciplinary process. She was arrested along with fellow student, Hassan Sayed.

CIBIL score, depending on how you manage them. It is vital to ensure that you do not miss any instalment towards repayment of loan. Defaulting on a personal loan can substantially damage your credit score.

Indian stock market, GG Engineering share hit the upper circuit during Friday deals. GG Engineering share price today opened upside and touched a 5 percent upper circuit within a minute of the stock market's opening bell. While hitting the upper circuit on Friday, the small-cap stock priced below ₹5 locked in the upper circuit for the third straight session.

Neogen Chemicals, the fast-growing speciality chemical company, is gearing up for a multifold scale-up in the coming years by virtue of being the first mover and arguably the most credible entrant in India’s promising EV battery chemicals space, said domestic brokerage firm Kotak Institutional Equities. In its recent report, the brokerage initiated coverage on Neogen stock with a 'buy' rating and a target price of ₹1,840 apiece.

pilot of Singapore Airlines. The man is said to be a 24-year-old youth from Gautam Budh Nagar, Uttar Pradesh. He was booked for posing as a pilot with Singapore Airlines in front of CISF personnel. The CISF is in charge of airport security across the country.

«I think the overriding is that the strong earnings growth in India and the fact that it is the domestic investors who are deciding the direction of the market much more than in the past when it was foreigners who would be held back by investing in emerging markets because they were worried about a stronger dollar. So, I feel same as I felt two years ago that it is still a good market,» says Mark Matthews, Julius Baer. Now, May is likely to be a very hectic month, full of data points, especially global mixed data points coming out of US. Here, we are already looking at progress of monsoon, earnings, and polls. What is your current positioning as far as Indian markets go? Well, we have been bulls on India for, I guess, around two years now and there is no change to that view. Of course, emerging markets are often slowed down by a stronger dollar and we have had a stronger dollar up until a couple of days ago.

GAIL (India) Ltd. traded 0.52 per cent up at Rs 209.15 at around 12:17PM (IST) on Friday. The stock had closed at Rs 208.05 in the previous session. Equity benchmark Sensex traded 195.49 points lower at 74143.95 around the same time.