UPS Financial News

₹500 crore Electric Mobility Promotion Scheme (EMPS) 2024 to encourage the purchase of electric two- and three-wheelers, a measure expected to support companies including Ola Electric. However, despite EMPS extending subsidy benefits for four months, the quantum of subsidy per vehicle has been lowered, noted Rohan Kanwar Gupta, vice president, ICRA. "Accordingly, a reduction in the subsidy benefit is a short-term impediment and will impact demand/realizations to an extent.

Arvind Kejriwal, former Congress president Rahul Gandhi Thursday slammed Prime Minister Narendra Modi, accusing him of adopting dictatorial tactics to suppress dissent and destroy democracy in the country. "A scared dictator wants to create a dead democracy," the Wayanad MP said in a post on microblogging platform X (formerly Known as Twitter) in Hindi, without naming anyone.

Chinese leader Xi Jinping plans to meet a group of U.S. business leaders next week after a government-sponsored forum as Beijing steps up efforts to woo American firms amid an exodus of foreign capital. The meeting with China’s top leader is set for Wednesday, and insurer Chubb’s CEO, Evan Greenberg, along with Stephen Orlins, president of the National Committee on U.S.-China Relations, and Craig Allen, president of the U.S.-China Business Council, are expected to attend, people familiar with the matter said.

Times of India (TOI), the techie had ordered a dosa from a nearby restaurant to her home in ACES Layout near Brookfield on March 17. When the delivery boy came, the person asked, out of courtesy, if he wanted some water. The delivery agent, who seemed to be in his 20s, said yes and he left after drinking it.

maintained its key interest rates at 5.25-5.50 per cent for the fifth straight meeting. Brent crude futures for May were down 68 cents, or 0.8 per cent, to $85.27 per barrel after dropping by 1.6 per cent on Wednesday. US West Texas Intermediate futures for May were down 69 cents, or 0.9 per cent, to $80.58 per barrel after a fall of about 1.8 per cent in the previous session, according to Reuters.

₹12.5 lakh per 10 seconds on SD and ₹5.3 lakh in HD on Star Sports. For Jio Cinema, pre and post-match ceremonies will be ₹200 cost per mile or 1,000 impressions. On connected TV, a spot will cost ₹6.5 lakh.

Mint that Inox Wind, a group company focused on wind energy solutions, plans to set up a C&I vertical to primarily cater to the group’s captive power demand, which is around 500-600 MW. Noida-headquartered INOXGFL Group is present in chemicals manufacturing and renewable energy businesses through Gujarat Fluorochemicals Ltd (GFL); GFCL EV Products Ltd; GFCL Solar & Green Hydrogen Products Ltd; Inox Wind Ltd; Inox Green Energy Services Ltd; and Inox Wind Energy Ltd. Inox Green Energy Services Ltd is one of the major wind power operations and maintenance (O&M) service providers in the country, servicing a 3.2 giga watt (GW) portfolio.

Hindustan Zinc Ltd (HZL) could put on hold its restructuring plan to create two separate entities for now after the government, which owns a 29.54% stake in the miner, resisted that bid. In a letter to the mines ministry this month, HZL said it wouldn't push ahead with any demerger proposal that the government disapproves of and that it would take the Centre on board while adopting such a plan, people aware of the details told ET. «The matter is going to be put off, although the company would take a formal decision in due course,» one of them said. Anil Agarwal-controlled Vedanta Ltd holds 64.92% in HZL.

Tata Projects has picked up over 120,000 sq ft office space in Mumbai's Powai suburb through a long-term lease to set up its headquarters that can accommodate around 1,000 employees, said people with direct knowledge of the development. The company has leased the space in commercial tower Cignus Powai, which is a project of K Raheja Corp's hospitality business Chalet Hotels, for five years. The Tata Sons subsidiary will be paying rentals of nearly '86 crore through the tenure of the lease. «While the company has leased office space spread across two floors under this deal, it may consider picking up one more floor for further growth and expansion. As per the agreement, the lease has a lock-in period of three years and standard clause of rental escalation,» said one of the persons cited above.

recruitment efforts, especially for mid-level and senior talent, propelled by the government's push on tourism and a significant boost in the interim budget presented last month. Recruitment firms told ET they are seeing a 30-50% rise in mandates from travel companies, looking to tap continued rise in consumer spending on tourism post the revenge travel boom. Companies are scouting for talent in not just product, engineering, revenue, and supply chain, but also those with specialised skills in AI and automation. Hospitality and consumer tech companies are emerging as hunting grounds for such talent, which can command compensation packages ranging from ₹70-80 lakhs, reaching up to ₹1-2 crore for CXO appointments. The travel market in India, estimated at $75 billion in FY20, is projected to reach $125 billion by FY27, according to data from industry body FICCI.

In this video provided by METAoriginal to Fox News Digital, the Related Group’s Rivage property is shown through drone and life-like visuals.

AI fakery is quickly becoming one of the biggest problems confronting us online

The frenzy around artificial intelligence (AI) stocks has extended into 2024, and while Nvidia (NASDAQ:NVDA) stock continues to capture most of the spotlight, the likes of Super Micro Computer (NASDAQ:SMCI) and Dell Technologies (NYSE:DELL) have also been making headlines.

Over the past couple of weeks, economic data, especially inflation, have dampened risk appetite and led to a sharp correction in cryptos.

Zomato's Deepinder Goyal's brainwave of providing 'pure veg' meals is a fab showcasing of an unverifiable service. It has inspired us to come up with other such services that purely depend on taking leaps of faith on the customer's part. Selling a 'box of happiness', for instance, shouldn't be too hard if one provides the box with decent wrapping.

Rationing and containment of water until sources fill up are temporary measures. Given how water and climate issues are linked, we need to plan strategically and well into the future — not just how to augment supply of fresh water but also how to use it wisely and sparingly. Decades back, agriculture was termed a 'gamble on the monsoon'. Earlier, with surface water being tapped through canal irrigation systems, parts of India were somewhat insulated from this. However, groundwater, which was supposed to be a reserve for challenging times, became a primary resource.

Opponents of online sports betting in Florida have lost their latest fight against a Seminole Tribe agreement with the state that permits the gambling

IPL starting today, the tournament has come a long way as a multinational sporting franchise despite its tender age of 16 years. The T20 league has managed to draw the biggest names in cricket and has raised the level of the game. This, in turn, has helped cricket grow deeper roots in a country obsessed with the sport, and made a difference to lesser franchises such as the Women's League, which concluded its second edition with much success last week.

Redfin CEO Glenn Kelman discusses some 'promising' housing market trends on 'Cavuto: Coast to Coast.'

As crypto markets take a breather following a huge post-Fed meeting rally on Wednesday, investors hunting for the best crypto to buy today are scouring altcoins markets for outperformers.

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