UPS Financial News

09.04 / 11:43
UPS Election Justice stage Equality Courts Delhi Excise Policy Case: AAP's Saurabh Bharadwaj claims witnesses forced, beaten up to change statements
Delhi minister and Aam Aadmi Party (AAP) leader Saurabh Bharadwaj on Tuesday claimed that the Enforcement Directorate (ED) has been constantly pressuring witnesses to change their statements in relation to the Delhi excise policy case. «The witnesses were constantly forced and beaten up to change their statement,» said the minister, while addressing a press conference. He vehemently dismissed the case as unfounded and rooted in falsehoods. Bharadwaj pointed fingers at the Bharatiya Janata Party (BJP), accusing them of orchestrating a ploy against AAP with the intention of «destroying» the governments in Punjab and Delhi.
09.04 / 11:21
markets UPS FIVE Strategy reports Schools acquires Ghost Kitchens acquires Ahmedabad-based Shy Tiger Brands
Ghost Kitchens has acquired Ahmedabad-based cloud kitchen firm Shy Tiger Brands. The acquisition is part of Ghost Kitchens’ expansion strategy in Gujarat, it said in a statement. Shy Tiger operates five multi-brand cloud kitchens in Ahmedabad and operates brands like KBOB’s and The Black Chimney. Shy Tiger has an annualised revenue run rate (ARR) of Rs 5 crore, the statement added.
09.04 / 11:09
UPS Progressive economy Food show reports March inflation report: another month of 'hot' price gains expected
Former Kansas City Federal Reserve Bank President Thomas Hoenig reacts to Jerome Powell saying the Fed is not ready to start cutting rates on 'Cavuto: Coast to Coast.'
09.04 / 11:09
markets COST UPS Target Compilation Bill reports Small business optimism hits lowest level since 2012: NFIB
UBS managing director and senior portfolio manager Jason Katz says the 2% inflation target is arbitrary on Varney & Co.
09.04 / 09:31
UPS Election Food Burying Nehruvian legacy, Congress manifesto warms up to private sector
₹1 lakh a year, a Mahalakshmi scheme, to poor families. Free food grains schemes distort production incentives and signals for farmers.
09.04 / 09:31
UPS Provident FIVE CAT cover Features HDFC ERGO introduces Paws n Claws, an all-inclusive insurance plan that covers pet diagnostics
insurance policy designed for pet dogs and cats. India’s pet care industry is experiencing a consistent annual growth rate of approximately 13% and is projected to reach $800 million by 2025. However, many pet owners still face challenges in accessing affordable veterinary care, often spending thousands of rupees annually on their pets’ treatments.
09.04 / 09:09
COST UPS economy Election President rights Federal Reserve slashing rates ahead of Election Day would likely just superficially boost US wallets: experts
Fox Business White House correspondent Edward Lawrence has the latest on the unanimous decision to hold rates steady at 5.25 on 'Making Money.'
09.04 / 08:59
UPS Booking Gap Trade Colgate-Palmolive reports Colgate-Palmolive shares down 2.68% as Sensex falls
Colgate-Palmolive (India) Ltd. fell 2.68 per cent to Rs 2626.35 in Tuesday's session as of 02:04PM (IST) even as the equity benchmark Sensex traded 22.48 points lower at 74720.02. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 2813.8 and a 52-week low of Rs 1520.3 on NSE. Around 12373 shares changed hands on the counter till 02:04PM (IST).
09.04 / 08:59
markets UPS security trends Trade reports Share price of ACC falls as Nifty weakens
ACC Ltd. slipped 1.84 per cent to Rs 2535.9 in Tuesday's trade as of 01:59PM (IST). The stock hit a high price of Rs 2594.05 and low of Rs 2521.0 during the session. The return on equity (ROE) for the stock stood at 6.26 per cent. Traded volume on the counter stood at 01:59PM shares and turnover at Rs 2.04 crore around that time. The stock of ACC Ltd. quoted a 52-week high price of Rs 2759.95 and 52-week low prices of Rs 1703.05, respectively.
09.04 / 08:59
markets UPS Software stake PPFAS Flexicap Fund bought 8.8 lakh shares of ITC amid BAT stake sale in March
Parag Parikh Flexi Cap Fund, the largest scheme in the flexi cap category based on assets managed, bought 8.8 lakh shares of ITC last month amid selling pressure on the Nifty stock amid a stake sale by British American Tobacco Plc (BAT). The share price of ITC fell to Rs 399.35 on March 12, 2024. BAT on March 13 sold a 3.5% stake in ITC through open market deals at Rs 400.25 a share, amounting to a total of Rs 17,485 crore. BAT, which makes Dunhill and Lucky Strike cigarettes, sold 43,68,51,457 shares of the cigarette-to-hotels conglomerate to institutional investors through an accelerated book-building process.
09.04 / 08:29
UPS Citi Target Booking Waters reports Hyderabad water board identifies 32,000 consumers in IT belt as water guzzlers
Hyderabad water board is embarking on a collaborative initiative with 18 NGOs to promote rainwater harvesting (RWH) across residential areas. The targeted demographic encompasses approximately 32,000 consumers identified as the highest users of water tankers, based on a recent survey conducted by the Hyderabad Metropolitan Water Supply & Sewerage Board (HMWSSB), a TOI report stated.
09.04 / 08:29
markets UPS WhatsApp Trade show reports ICICI Lombard shares down 0.84% as Nifty drops
ICICI Lombard General Insurance Company Ltd. traded 0.84 per cent down in Tuesday's trade at 01:49PM (IST). Around 11,239 shares changed hands on the counter. The stock opened at Rs 1722.3 and touched an intraday high and low of Rs 1730.0 and Rs 1678.05, respectively, in the session so far. The stock of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high of Rs 1739.95 and a 52-week low of Rs 1056.0.
09.04 / 08:29
UPS Election DAL reports Relationships Pilibhit: Can BJP capture the pocket borough of the other Gandhis?
Narendra Modi today addressed a rally in Pilibhit constituency in Western Uttar Pradesh, the pocket borough of Maneka Gandhi and her son, Varun. This will be the first time since 1989 when Maneka or Varun would not be contesting from Pilibhit. The BJP dropped its sitting Pilibhit MP, Varun, replacing him with UP minister Jitin Prasada, ostensibly for Varun's frequent defiance of the party in the past few years. The BJP, however, retained Maneka, who would contest from Sultanpur from where she won in 2019. PM Modi's rally in Pilibhit, which goes to poll in the first phase on April 19, comes in the wake of reports of underlying quibbling amongst the party workers and supporters after Varun was denied the ticket. The speculation of Varun filing his papers as an independent candidate had gained ground after he issued an emotional letter to his constituents asserting that his relationship with them will remain intact “till his last breath”. The district BJP unit was asked to pull out all stops to ensure maximum participation of party workers and supporters at Modi’s rally, TOI reported. Experts say the BJP seeks to stir up the campaign to counter the narrative of Jitin Prasada being an “outsider”. Modi’s initial rallies were being lined up keeping in mind constituencies where the party has replaced the sitting MP or on seats which the BJP had lost to the opposition in 2019.
09.04 / 08:29
UPS Booking Food trends Trade show Jubilant Food shares fall 0.81% as Nifty drops
Jubilant Foodworks Ltd. traded 0.81 per cent down at Rs 448.75 on Tuesday at around 01:39PM (IST), while the benchmark BSE Sensex advanced 14.97 points to 74757.47. As many as 25,070 shares changed hands on the counter with a total value of Rs 1.12 crore.
09.04 / 08:29
markets UPS Invesco Trade performer reports Schools Invesco marks Swiggy valuation at $12.7 billion, up 18% from last fundraise
Swiggy to $12.7 billion, up 18% from the valuation at which the Bengaluru-based firm last raised money in 2022, filings made with the US Securities and Exchange Commission showed. Invesco had led the $700 million round in January 2022 that valued Swiggy at $10.7 billion. The mark up in Swiggy's valuation by its investors comes at a time when several other Indian internet companies,including Ola Cabs, Byju's and Meesho have seen the fair values of their stakes being marked down by investors such as Vanguard, BlackRock and Fidelity.
09.04 / 04:21
UPS Progressive CEO Tesla NVIDIA Interviews Tesla CEO Elon Musk predicts AI will surpass human intelligence by 2026
Musk discussed various topics, including the constraints faced by AI due to electricity availability. During the interview with Nicolai Tangen, CEO of Norway's wealth fund, Musk shared insights into the progress of Grok, an AI chatbot developed by his xAI startup. He mentioned that the next version of Grok is anticipated to be trained by May but highlighted the challenges due to a shortage of advanced chips.
09.04 / 03:45
UPS Ball wellness show social Commentary CSK vs KKR | Gautam Gambhir in ‘parallel universe’: After Virat Kohli, Kolkata mentor hugs MS Dhoni; netizens react
CSK vs KKR IPL 2024: “Old friends meeting up and exchanging a pleasantry or two - that’s what makes these games so special," said the commentator as Gautam Gambhir and MS Dhoni hugged each other and whole-heartedly smiled. It was after the Chennai Super Kings (CSK)’s win against Kolkata Knight Riders (KKR) on April 8. However, for the uninitiated, Gambhir and Dhoni could be anything else, but they are definitely not known to be “old friends".
09.04 / 03:45
UPS Action Election Equality Courts Will Arvind Kejriwal be granted bail in excise policy case? Hearing in Delhi HC today
Arvind Kejriwal was arrested by the Enforcement Directorate on March 21 following raids at his official residence. The raids were conducted after the high court refused to grant the Delhi chief minister protection from coercive action by the federal anti-money laundering agency. The law enforcement agency has challenged Arvind Kejriwal's bail application citing Lok Sabha elections 2024, arguing that the law applies equally to him, an “aam aadmi".
09.04 / 03:39
UPS Provident security wellness show consequences CIBIL: Want to lease a car but have low credit score? 3 key things you should keep in mind
If your CIBIL score is low, your ability to lease a car would certainly be affected.
09.04 / 02:49
markets UPS Manufacturing MSCI Trade show Asian stocks Asian stocks rise; metals fly on manufacturing bets
metals prices extended their gains on Tuesday with expectations of a worldwide manufacturing rebound, while Asian shares crept up a little more cautiously ahead of this week's U.S. inflation data and a crucial European Central Bank meeting. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%. Japan's Nikkei rose 0.6%.
09.04 / 02:49
UPS Ball Yellow Destiny Celebrity Golf patient The Masters 2024: Inch-perfect Augusta welcomes the Champions
Masters. Augusta National Golf Club is baking in the sunshine of an early summer in Georgia. The yellow flags flutter in the winds, stoking excitement and aspirations.

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