UPS Financial News

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Goldman Sachs Group Inc. and JPMorgan Chase & Co. have been leading the charge to get employees into the office more often, but it’s their smaller industry peers who are more likely to demand full-time on-site work.

Domestic benchmark index NSE Nifty ended 84.8 points up at 22096.75, while the BSE Sensex closed 190.75 points up at 72831.94.

Benchmark NSE Nifty closed 84.8 points up at 22096.75 amid buying in frontline bluechip counters.

BWSSB) have taken proactive measures to provide treated water to the iconic M Chinnaswamy Stadium for the upcoming IPL 2024 cricket matches. The decision comes amidst growing concerns about the impact of the water crisis on the scheduled matches. Officials from the Karnataka State Cricket Association (KSCA) convened with Ramprasat Manohar, chairman of the Bangalore Water Supply and Sewerage Board (BWSSB), to secure an uninterrupted water supply to the stadium during the matches. Approximately 75,000 litres of water per day will be sourced from the Cubbon Park wastewater treatment plant in Sampangi Rama Nagar for this purpose. «We will supply so much water per day for three days through tankers. The tertiary treated water is as good as potable water. By supplying this water we, at the BWSSB, also want to send a message to the society about the need to use and reuse our water. We want to promote the use of treated water for non drinking needs such as use in toilets, gardening, and car-washing,» BWSSB Chairman Ram Prasath Manohar said.

₹71 to ₹75 per equity share. The floor price is 7.1 times of the face value and cap is 7.5 times of the face value of the equity shares.

NEW DELHI : Robust investment activity and strong private consumption demand will drive the Indian economy in FY25 amid sluggish global growth, the finance ministry on Friday said in its economic review for February. However, challenges such as the impact of the ongoing crisis in the Red Sea and rising crude oil prices loom over the outlook. "Sustained increases in shipping costs due to disruption can drive up inflation.

₹678, indicating an upside potential of 40 percent from its current market price of ₹484.20. "Hindustan Foods Limited (HFL), the largest consumer contract manufacturer in India, has built durable moats by scaling up its manufacturing base, building strong clientele, constructing the widest array of product portfolio and creating operational efficiencies. Over the last four years (FY19-23), HFL has scaled up its sales and EBITDA five-fold, while profitability six-fold.

BRUSSELS—In a big shift, the European Union is planning to impose tariffs on Russian grain, part of an effort to curb Moscow’s export revenue and appease European farmers who are angry about imports of cheaper agricultural products. The plan—the bloc’s first push to restrict food products from Russia during the war—comes amid protests over Ukrainian agricultural imports by farmers who have at times set up blockades at border crossings.

The IPO is entirely a fresh equity issue of 30 lakh shares and through the issue, the company aims to raise Rs 26 crore.

Russian crude carried on PJSC Sovcomflot tankers due to US sanctions, further complicating the trade that has flourished since the invasion of Ukraine two years ago. Private and state-run processors including the biggest — Indian Oil Corp. — have stopped taking cargoes if they’re on Sovcomflot tankers, said people familiar with the matter. Refiners are scrutinizing the ownership of each ship to make sure they’re not affiliated with the company, or other sanctioned groups, they added, asking not to be named because the information is private. The broader pushback follows a similar move by India’s biggest private refiner, Reliance Industries Ltd., reported earlier this week. The heightened scrutiny on the tanker giant appears to have also swept up other oil ships carrying Russian oil, with two vessels waiting several weeks off the South Asian coast without any indication of when they will unload.

Tamil superstar Ajith is busy biking across the country and whipping up delicious bowls of biryani. The ‘Thunivu’ actor recently went on a biking trip to Madhya Pradesh along with his ‘Vidaa Muryachi’ co-actor Arav and some other friends. Videos of the star cooking biryani became viral on the Internet. The actor’s publicist Suresh Chandra took to X (formerly Twitter), and shared a clip of the ‘Valimai’ star cooking biryani, playing billiard, and chilling out with his besties. “Ride with Venus,” he captioned the post. The post went viral, gaining more than 471K views and 18K likes. Many fans and well-wishers flooded the comment section to gush about his gesture. “My dear fellow ajithians, get ready for the Netflix documentary..” wrote a fan. “They should just make a film with him about a top actor losing interest in films and starting to pursue his personal interests. The film could explore how he finds contentment in doing what he likes rather than seeking larger fame and success..’’ quipped another. “Man has the right balance of family, friends, work, and passion. My role model!” gushed another. “A superstar actor, a superstar family man, a superstar friend, a superstar rider, a superstar cook, a superstar athlete and all in all a superstar human being..” tweeted another.

Fashion Week in 2017, US technology company XO launched sub-brand TwentyFour15 — a line of app connected, fibre-optic, colour-changing apparel. Using an app connected via bluetooth, users can change the colours of the LED lights embedded into the clothes or sync the movements of the lights to music. As fashion and tech continue to intertwine, a roundup of some iconic collaborations.

Delhi Police has tightened security at the residence of Chief Minister Arvind Kejriwal following his arrest by the Enforcement Directorate (ED) on Thursday night. The police have implemented a two-tier security ring and are using drones for surveillance to maintain law and order. Around a dozen Aam Aadmi Party (AAP) workers, including MLA Rakhi Birla, were briefly detained after they engaged in sloganeering and attempted to create a ruckus outside Kejriwal's home in Civil Lines. However, they were released later in the night. Protests Expected; Security Stepped Up The police are anticipating large-scale protests by AAP workers at several places on Friday. Security has been heightened outside the ED offices at Akbar Road and APJ Abdul Kalam Road. Multi-layer security arrangements are being planned for Kejriwal's expected court appearance on Friday afternoon. Prohibitory orders under Section 144 of CrPC may be imposed in different areas of the city.

JEE aspirant recently surfaced on X, shedding light on the dedication needed to excel in exams like the JEE for admission to esteemed institutions like the IITs. After the handwritten timetable belonged to a 17-year-old preparing for the JEE, a debate has broken out on social media over the number of hours needed for preparation for IIT-JEE exam. Shared by a user named «Mr Rc,» the schedule of a 17-yeardepicted a challenging routine, with the student rising at 4:30 am after just 4.5 hours of sleep. The entire day was dedicated to preparation, with only two 15-minute naps and breaks for meals. Many IITians reacted to this post. Aman Goel, CEO of GreyLabs AI and an IIT Bombay alumnus, criticized the post as exaggerated, stating that he and many other typical IITians he studied for 8 to 10 hours daily, occasionally extending to 12 to 14 hours during demanding periods. Despite occasional long hours, Mr Goel said, he ensured 8 hours of sleep daily and balanced his schedule with leisure activities and family time. Like many others, Goel began preparing for the IIT JEE at 15 and appeared for the exam at 17. He also highlighted the studying habits of his IITian friends, asserting that none, including top rankers, studied as intensely as portrayed in the viral post.

Consumers showed more confidence in personal financial situations over the next year and the previous year, as well as the general economic situation over the next year compared to February. The future personal financial situation measure was at +2, up from 0 in January and February. The report noted that this was the first positive and highest score since December 2021. Consumer confidence dips for first time in three months Jon Staton, client strategy director at GfK, said the improved personal financial measure is «encouraging» and welcome news considering the «fiscal drag» face...

markets opened mixed Friday following divergence across major Asian indices, as traders assessed the outlook for interest rates in a week dominated by central bank policy. London's FTSE 100 index won 0.1 percent to 7,892.47 points, having closed up almost two percent Thursday as the Bank of England signalled it could start cutting interest rates in the coming months.

Crompton Greaves Consumer Electricals Ltd. traded 0.12 per cent up at Rs 269.3 at around 01:50PM (IST) on Friday. The stock had closed at Rs 269.65 in the previous session. Equity benchmark Sensex traded 154.94 points higher at 72796.13 around the same time.

Lok Sabha elections, the arrest of Delhi Chief Minister and AAP leader Arvind Kejriwal by the Enforcement Directorate is certainly going to change the electoral math as various opposition leaders are supporting Kejriwal openly. The AAP is part of the INDIA (Indian National Developmental Inclusive Alliance) bloc of Opposition parties with a seat-sharing deal with the Congress in Delhi and a few other states but is contesting alone in Punjab. It has some presence in a few states such as Goa and Gujarat where it has campaigned on the ground in various previous elections and is trying to strengthen itself in Haryana.

In Friday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached, whether the stock has seen a buildup of a fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.

Virat Kohli will be taking to the crease for the first time after January 2024 during the season opener of the Indian Premier League (IPL) 2024 between Royal Challengers Bengaluru (RCB) and Chennai Super Kings (CSK). His return has the prospect of history books being re-written sending him to the summit of an untouched record. Kohli was last seen taking part in the 3rd T20I match between India and Afghanistan in Bengaluru. After that, he missed the recently concluded five-match Test series against England. On Friday, during the match against Chennai, if Kohli scores six runs, he will become the first Indian in history to score 12,000 runs in T20s. As of now, the former Indian skipper, who has played in 376 T20s scored 11,994 runs.