UPS Financial News
29.03 / 12:43
UPS
Citi
Aviat
President
performer
Interviews
Russia outgunning Ukraine 6-to-1: Kyiv commander-in-chief
Russia is outgunning Ukrainian forces sixfold on the front lines, causing losses of troops and positions, Ukraine's recently appointed commander-in-chief Oleksandr Syrsky said in a rare interview published on Friday. «A few days ago, the enemy's advantage in terms of ammunition fired was about six to one,» Syrsky told the Ukrinform news agency. «The defence forces are now performing tasks along the entire vast front line, with little or no weapons and ammunition,» he warned, saying the situation was «tense» in some areas.
29.03 / 12:43
UPS
Strategy
President
show
country
Karnataka Congress seeks AAP support in campaign efforts
Karnataka Pradesh Congress Committee (KPCC) has written to the Aam Admi Party (AAP) requesting its participation in the party's campaign efforts in all the 28 constituencies to counter the BJP. KPCC President DK Shivakumar, who is also the Deputy CM, has written to AAP State President Mukhya Mantri Chandru, requesting him to deploy the party workers and leaders to work for the success of Congress candidates to save the country's “democracy and the Constitution” that had been threatened under the authoritarian regime of the BJP. The AAP joining hands with the Congress would defy communal forces and consolidate the secular votes, he said. Chandru, responding positively to the request, suggested to Shivakumar to hold a meeting with the leaders and office-bearers of AAP to draw up a campaign strategy.
29.03 / 12:43
markets
UPS
CEO
Strategy
Apple
Tesla
Xiaomi
With China EV launch, Xiaomi's 'Thor' takes on Elon Musk
With the launch of a much-hyped and against-the-odds electric car, Lei Jun, Xiaomi's co-founder and CEO, is taking on Elon Musk with a strategy that takes a page from Tesla's playbook. Lei, 54, took the stage in Beijing on Thursday to unveil Xiaomi's SU7 car, a project three years in the making that has attracted a lot of attention but which, Lei has warned investors, will lose money.
29.03 / 12:37
UPS
Digital
Fox
Pool
ICO
community
diving
Ondo, Conflux Gain Double Digits, $GFOX Presale Nears $5.5M
Two coins, Ondo ($ONDO) and Conflux ($CFX), recently saw significant gains, while a rising star and the best upcoming ICO, Galaxy Fox, is nearing the end of its wildly successful presale. Let’s dive into why these projects are making waves and how you can potentially get in on the action.
29.03 / 11:29
UPS
IPO
security
Mobile
economy
hospital
Ecos Mobility and Hospitality files DRHP with SEBI to launch IPO
₹2 each. The company's promoters include Rajesh Loomba, Aditya Loomba, the Rajesh Loomba Family Trust, and the Aditya Loomba Family Trust. Also read: SRM Contractors IPO: GMP, subscription status to allotment date.
29.03 / 11:29
UPS
Yellow
Election
War
FY24 Review: Gold price continues to glitter amid geopolitical concerns; outlook bullish for FY25
₹59,400 per 10 grams at the beginning of the year to around ₹67,000 per 10 grams at the end. The fiscal year saw a slew of global conflicts including the Israel - Hamas war and the ongoing Russia - Ukraine war. Also Read: What's next for gold? Look to China for clues FY24 also witnessed global central banks shoring up their gold reserves with physical demand also remaining elevated.
29.03 / 11:29
markets
COST
UPS
ICE
Nestle
wellness
Chocolates to get pricier—or less chocolatey—as cocoa breaches historical mark
NEW DELHI : Chocolates could get more expensive, smaller (although perhaps not noticeably, a typical shrinkflation trait), or simply have less cocoa in them in a few months if cocoa prices aren’t tamed by then. These are the primary options chocolate and candy makers as well as those selling cookies and ice creams are weighing after global cocoa prices touched record highs earlier this week. India imports a significant volume of the primary ingredient that goes into making chocolates.
29.03 / 10:27
UPS
IPO
Software
economy
reports
Fintech startup funding up by 48% in Q1 2024; raising $429 million between January-March 15: Report
SaaS startups rework pricing models amid shrinking budgets Among the business models, KYC software received the highest funding at $107 million between January and 15 March, followed by hyperlocal delivery app at $100 million. Fintech received $429 million in funding, marking a 48% growth from the last quarter's $289 million.
29.03 / 10:27
UPS
Provident
Platform
social
Videos
DC vs RR: Ricky Ponting, Sourav Ganguly in heated exchange with umpire on IPL overseas player rule. What does it say?
DC vs RR IPL 2024: Riyan Parag's explosive knock against Delhi Capitals provided Rajasthan Royals with extra two points and a lot more confidence in this season of Indian Premier League (IPL) 2024. But, something else caught up in the spotlight for a while as DC coach Ricky Ponting was seen in an animated exchange with the umpires about RR's decision to call an extra overseas player on the field. Later, director Sourav Ganguly also cleared his doubts with the umpire about the rules, and video of the exchange is doing rounds on social media platforms.
29.03 / 10:27
UPS
awards
Death
President
RAI
Courts
Mukhtar Ansari: The grandson of India's freedom fighter who took to crime
Jamia Millia Islamia and also the post of Chancellor at the university. ALSO READ: Gangster-turned-politician Mukhtar Ansari dies: A look at the life and times of the 'Bahubali’ of eastern UP "He (Mukhtar Ahmed Ansari) had a long association with the Congress, as its president (1927), its secretary for several years, and as a member of the Congress Working Committee throughout his life," his profile on Jamia's website read. ALSO READ: Judicial inquiry ordered in Mukhtar Ansari's death amid ‘slow poison’ claims Meanwhile, Mukhtar Ansari's maternal grandfather Mohammad Usman was a brigadier in the Indian Army.
29.03 / 10:27
UPS
stage
bowling
RCB vs KKR IPL 2024 Live Score: Virat Kohli vs Gautam Gambhir at Chinnaswamy Stadium today
RCB vs KKR IPL 2024 Live Score: The stage is set for another explosive clash at the M Chinnaswamy Stadium, Bengaluru where Faf du Plessis-led Royal Challengers Bengaluru will go against Shreyas Iyer-led Kolkata Knight Riders.
29.03 / 10:27
UPS
Provident
Cooper
CEO
Platform
Department
Govt's e-marketplace GMV touches ₹4 trillion in FY24
₹4 trillion in the current fiscal, as government departments have been actively procuring goods and services through the portal, additional secretary in the commerce ministry Anant Swarup told Mint. The GMV is up by ₹2 trillionfrom the last fiscal year. The state-run procurement portal offers a range of 12,070 products and more than 320 services to over 1.5 lakh government clientele.
29.03 / 10:27
UPS
Enterprise
wellness
show
country
information
India forms more than 1.68 lakh companies in FY24; highest in Feb
₹19,774 crore as paid-up capital, compared to over 1,59,500 companies registered in FY23 with a paid-up capital of ₹18,132.16 crore. Paid-up capital is the shares subscribed and paid for, which can be further augmented. ONGC Green Ltd., PFC Infra Finance IFSC Ltd., IRCTC Payments Ltd., Indbank Global Support Services Ltd., Jamnagar Transmission Ltd.
29.03 / 10:27
markets
UPS
IPO
Platform
wellness
Trade
information
1:2 stock split: Multibagger SME IPO turns ₹1.26 lakh to ₹6.15 lakh in 7 years
1:2 stock split: Money is not in just buying and selling stocks but in holding it for as long as one can. A long-term investor not just gains from the rise in the stock price but from the various other rewards that a listed company declares from its capital reserves. These rewards could be in the form of bonus shares, dividends, buyback of shares, stock split, etc.
29.03 / 10:06
UPS
BLOCK
Election
Battlefield
show
Promise and premise of INDIA erode in key battlefield states
INDIA bloc of opposition parties are coming together to flex their muscles. On Sunday, they are organising a protest rally in Ramlila Maidan in Delhi against the Delhi Chief Minister and AAP leader Arvind Kejriwal's arrest where they expect more than 1 lakh people to turn up. Since last year, the INDIA bloc has struggled to come together in a joint rally. A joint INDIA rally in Bhopal was announced for the first week of October last year on the issues of “rising prices, unemployment and corruption of the BJP government” right before the Madhya Pradesh elections but Congress leader Kamal Nath cancelled it. While two MPs of Trinamool Congress confirmed their participation, the AAP and Congress functionaries have said confirmation was being taken from all other alliance partners on their presence at the rally. The senior leadership of the AAP, Congress and other partners are likely to participate in the show of strength. The AAP and Congress eye the Ramlila Maidan protest on March 31 as an opportunity to create synchronisation among their Delhi cadres ahead of the Lok Sabha election.
29.03 / 10:02
markets
UPS
IPO
security
Fitch
reports
International
Shapoorji Pallonji Group’s flagship firm, Afcons Infrastructure, files DRHP to raise Rs 7,000 crore via IPO
Shapoorji Pallonji Group’s flagship infrastructure engineering and Construction firm, Afcons Infrastructure Limited (AIL), has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). According to the draft papers, the IPO, with a face value of Rs 10 per equity share, is a mix of fresh issue of shares of Rs 1,250 crore and an offer for sale of up to Rs 5,750 crore by Goswami Infratech Private Limited.
29.03 / 09:39
UPS
Death
reports
Courts
Colleges
Investigations
UP court orders judicial probe into Mukhtar Ansari's death
court in Uttar Pradesh's Banda on Friday ordered a judicial inquiry into the death of gangster-politician Mukhtar Ansari, a senior official said. Banda Chief Judicial Magistrate (CJM) Bhagwan Das Gupta appointed Garima Singh, Additional Chief Judicial Magistrate (MP-MLA Court Banda) as the investigating officer in the case, the official said. The CJM has sought the probe report within a month.
29.03 / 09:27
UPS
Provident
security
consolidation
Debt consolidation, home renovation, education and more: 8 top purposes personal loans serve
Personal loans fall under the category of unsecured loans, meaning they lack collateral such as a car or house to back them up. While this makes them more accessible compared to secured loans, they often result in higher interest rates.
29.03 / 09:27
markets
UPS
security
Strategy
reports
prevention
What is tax loss harvesting and how can it help you save taxes? MintGenie explains
As the tax-saving season nears its end, many taxpayers turn to tax-harvesting strategies to reduce their tax burden. For those unfamiliar, this approach involves selling investments that are currently at a loss (purchased at a higher price than their current value) to offset the capital gains taxes owed on profitable investments.
29.03 / 08:35
UPS
WhatsApp
guidelines
HDFC Bank home loan interest rates in March 2024
With regards to home loan interest rates that will be offered after the merger, as per FAQs released, «The applicable rate of interest to your account shall now be linked to EBLR (External Benchmark Lending Rate) instead of Retail Prime Lending Rate (RPLR). This is in compliance with the regulatory guidelines on floating rate of interest. On the day of the merger there will be no change in ROI and any changes in future will be based on EBLR.» Also read: HDFC-HDFC Bank merger:Important FAQs answered for existing home loan borrowers of HDFC
29.03 / 08:35
UPS
Aviat
country
travelers
recommendations
Traffic
Updates
Surya Grahan 2024: Aviation authorities issue air travel alert for solar eclipse in April. Here are details
Surya Grahan, is set to occur on April 8, the Federal Aviation Administration (FAA) has issued a cautionary notice regarding air travel during this celestial event. The FAA, a US government civil aviation agency, has advised that aircraft should be prepared for possible delays, reroutes, and changes in departure schedules for all domestic IFR flights. According to the FAA's website, Traffic Management Initiatives may be implemented, and airports in the path of the upcoming Solar Eclipse are expected to be affected. The FAA emphasized the need for pilots and airports to make necessary arrangements and stay updated on any temporary flight restrictions that may be imposed. The Solar Eclipse on April 8, 2024, will be visible in several countries, including the United States, Mexico, and Canada. NASA confirmed that the eclipse will traverse North America, creating a spectacle for observers. As a result, air traffic is anticipated to intensify, particularly between Texas and New England, as enthusiasts prepare to witness this rare event.
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