UPS Financial News

The IPO comprised fresh equity of up to Rs 300 crore and an offer for sale (OFS) of up to Rs 84.2 lakh worth shares. Under the OFS, Goutam Rampelli, Dipak Kacharulal, JNK Heaters, Mascot Capital and Marketing, and Milind Doshi will offload shares.

China on Thursday sent three astronauts to its permanently inhabited space station for a six-month stay, in a regular rotation of Chinese astronauts onboard the "Tiangong" orbiting high above the Earth's atmosphere. The spacecraft Shenzhou-18, or «Divine Vessel», and its three passengers lifted off atop a Long March-2F rocket from the Jiuquan Satellite Launch Centre in northwest China at 8:58 p.m. (1258 GMT), according to state media.

EPF account balance, you can use one of the numerous ways, which include checking details on the Umang app, getting EPF passbook details online, giving a missed call, or sending an SMS. You can find out the process of checking your EPF balance online in the article here. Interestingly, you can get the EPF account details by sending an SMS at 7738299899 from your registered number.

Reasons to buyReasons to avoid The Realme Buds wireless 3 in-ear Bluetooth earphones are equipped with some of the most advanced features currently available in the market, including 30dB ANC, spatial audio, and a 13.6mm dynamic bass driver for rich sound. In addition, users get up to 40 hours of playback time, fast charging, and low latency for gaming, making these headphones ideal for unmatched audio experiences. This option is not ideal for those who want a wired option.

India's engineering goods including steel and machinery exports rose 10.7% year-on-year in March to $11.28 billion, growing in double digits for the second straight month, despite ongoing supply issues caused by disruption to shipping through the Red Sea, a trade body said. Engineering goods, which account for one-fourth of merchandise exports, rose 2.13% in the 2023/24 financial year, to $109.3 billion from a year earlier, Engineering Export Promotion Council (EEPC), a body affiliated with the Commerce Ministry, said in a statement on Thursday. Exports have been dented by a slowdown in global demand, the ongoing Russia-Ukraine war and the Red Sea shipping crisis brought on by conflict in the Middle East, exporters said.

government-in-exile on Thursday called on India and other democratic nations to press Beijing to divulge the whereabouts of Panchen Lama Gedhun Choekyi Nyima and allow an independent fact-finding commission to examine his disappearance in China nearly 29 years ago. The demand was made at a grand event held in this Himachal Pradesh town commemorating the 35th birth anniversary of Choekyi Nyima who disappeared just three days after the Dalai Lama declared the then six-year to be the reincarnated Panchen Lama. A joint statement issued by leading Tibetan leaders called on foreign governments and the UN to direct their ambassadors in China to meet with the 11th Panchen Lama and ascertain his whereabouts and wellbeing.

Out of the total voters, around 1.44 crore are men, 1.43 crore are women, and 3,067 voters belong to the third gender. The election commission has set up 30,602 polling booths in these constituencies. A total of 1.40 lakh polling officers, 5,000 micro observers and 50,000 civil police, apart from 65 companies of CRPF and Reserved Armed Forces from other States have been deployed in these stations for the polls. With Karnataka seeing soaring temperatures in most parts of the state, people will be allowed to vote till 6 pm, and the booths will remain open till the last person votes. “The EC has issued guidelines on addressing the potential challenges posed by the heatwave and to ensure the safety and well-being of electors, especially senior citizens and persons with disabilities (PwD), as well as election personnel in the polling stations. Polling stations are equipped with adequate shade structures, such as tents, canopies of umbrellas, with provision for chairs, to protect voters from direct sunlight,” said Chief Electoral Officer for Karnataka Manoj Kumar Meena.

LTTS) reported a net profit of Rs 341 crore in the March quarter of FY24, up 1.4% quarter on quarter (QoQ). The profit for the company grew by just 0.2% on-year. The muted growth in profit comes on the back of the company seeing a marginal decline in its operating margin which fell from 17.2% in Q3 to 16.9% in Q4, a fall of 30 basis points (1.7%). A year ago, the company’s operating margin was at 17.9%.

The rupee closed at 83.3150 against the U.S. dollar, barely changed from its close of 83.3225 in the previous session.

Koo is halting salary payments to employees from April — the outcome of a delay in its search for a partner that can acquire the company. Koo was looking to raise funds or tie up with a strategic partner to scale operations, in a funding environment that has turned extremely tough for startups, cofounder Mayank Bidawatka had first said in September 2023.

Rahul Gandhi’s re-election bid in Wayanad to Union Minister Rajeev Chandrasekhar’s challenge to three-term member of parliament Shashi Tharoor in Thiruvananthapuram, the political landscape of Kerala is set to witness some keenly watched contests on Friday. The Congress and the Left-- both partners in opposition’s INDIA bloc-- are the main rivals in Kerala. Until now, the contest in Kerala has been bi-polar, but with the emergence of the Bharatiya Janata Party (BJP) as a force to reckon with, some seats are likely to witness a triangular contest.

₹300 crore in FY23. Considering the growth and future potential, there is considerable inbound investor interest." Emailed queries to a company spokesperson, as well as Avendus Capital, did not elicit any response till press time. Founded in 2017 by Rajat Verma, Lohum has secured around $63 million in equity funding, and counts Baring Private Equity, Cactus Venture Partners, Venture East and Stride Ventures as its investors.

Also read: Serum Institute to receive up to $30 mn from global network to make pandemic vaccines "An agreement has been signed under which Bharat Biotech will procure drug substances for manufacturing oral polio vaccines to be supplied within India and globally. This will contribute to supply security of oral polio vaccines. With this partnership, the capacity of BBIL to manufacture Oral Polio Vaccine (OPV) has increased to 500 million doses every year," said a statement by the Health Ministry.

₹four crore and ₹40 crore respectively, are eligible for penalty at half the rate applicable for the others, under a concessional provision meant for small businesses. However, not filing annual financial statements would mean the authorities will not be in a position to offer this concession, showed the orders. D Nagendra Rao, former president of The Institute of Company Secretaries of India (ICSI) said that in many cases, companies approach the RoCs on their own for compounding of offences where they see a gap in compliance.

textiles ministry is gearing up to launch a revamped Cotton Technology Mission aimed at improving the quality and output of India's "white gold" by adopting best practices that could position India as a prime destination for textile sourcing and foreign investment, two people aware of the matter said. This mission is designed to reduce dependence on imports for this crucial raw material for fibre, and to increase the incomes of India's more than 6 million cotton farmers, they said.

Priyagold, a player in the fast-moving consumer goods (FMCG) industry, has come up with a campaign to create curiosity around the new range of Snakker biscuits among the Gen-Z audience. 

The Indian equity indices on Thursday recovered from intra-day lows after a weak start. Sensex advanced 486 points or 0.66% to close the day’s trading at 74,339.44. The Nifty 50 closed 167.95 points or 0.75% higher after a volatile session at 22,570.35. The gainers included Axis Bank, SBI, Dr Reddy’s Lab, JSW Steel, and Nestle India. The Indian Volatility Index (India VIX) was up 4.38%. 

SRH vs RCB IPL 2024 Match Live Score: Sunrisers Hyderabad will take on embattled Royal Challengers Bengaluru in their return-leg game of Tata IPL 2024 tonight at Rajiv Gandhi Stadium. The match 41 of IPL 17 promises to be an explosive one as everyone wis waiting for yet another record-breaking batting performance by SRH’s opening duo – Travis Head and Abhishek Sharma. RCB, which are in the bottom of the IPL points table at number 10, will have to come up with some new plan, especially in the bowling unit to make it a battle of equals rather than a thrashing by the home side.

Handling disputes about tax matters with the Internal Revenue Service can be lengthy and stressful but the agency wants to make it easier.

Specifications of Zebronics Zeb-Thunder Bluetooth Headphones Reasons to buyReasons to avoid The Zebronics Zeb-Thunder Connectivity in Sea Green is a stylish and affordable option for those looking for a reliable pair of Bluetooth headphones. With easy connectivity and a sleek design, these headphones are perfect for everyday use.

Also read: India Should Clear the Air on a Killing in Canada Prime Minister Narendra Modi had during September 2023 expressed concern over anti-India activities and Khalistan extremism in Canada in a meeting with his Canadian counterpart Justin Trudeau on the sidelines of the G20 Summit. A few weeks later, Trudeau told Canada's House of Commons that the Indian government may have been involved in the killing of Hardeep Singh Nijjar, a Canadian citizen and a prominent figure in the pro-Khalistan movement.