UPS Financial News

JetBlue and Spirit Airlines are ending their proposed $3.8 billion merger after a federal judge blocked the deal, ruling it would hurt competition

Miami Beach is trying to break up with spring break, but it’s not yet clear whether spring break will take the hint

Bank of Baroda traded 1.2 per cent up at Rs 276.6 at 11:01AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 350.18 points to 73522.11. The scrip had closed at Rs 273.3 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 280.85 and Rs 155.65, respectively.

Bandhan Bank Ltd. traded 0.37 per cent up at Rs 199.6 at 10:56AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 390.71 points to 73481.58. The scrip had closed at Rs 198.85 in the previous session. The stock quoted a 52-week high price of Rs 272.0 and 52-week low of Rs 182.2, respectively. As per BSE data, total traded volume on the counter till 10:56AM (IST) stood at 96495 shares with a turnover of Rs 1.93 crore.

BRUSSELS: The European Union should support struggling European manufacturers of solar panels, but cannot close its borders to imports of such products, EU energy policy chief Kadri Simson said on Monday. Factory closures among Europe's few solar panel makers have prompted the industry to seek emergency support from Brussels — potentially including trade restrictions on cheap Chinese imports that European companies have struggled to compete with. However, Simson ruled out cutting off imports, which she said could compromise the EU's ability to install enough solar energy capacity to meet climate targets. Most solar panels and parts deployed in Europe are imported from China.

MOIL Ltd.(up 2.98%), Ashapura Minechem Ltd.(up 2.37%), NMDC Ltd.(up 0.59%), Sandur Manganese & Iron Ores Ltd.(up 0.52%), The Orissa Minerals Development Company Ltd.(up 0.37%), Coal India Ltd.(up 0.29%), 20 Microns Ltd.(up 0.25%) and Gujarat Mineral Development Corporation Ltd.(up 0.11%) were among the top gainers.

MVK Agro Food Product will be finalised later today. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. Investors can check the status of MVK Agro Food Product IPO allotment by logging in to the official website of the registrar, which is Mas Services in this case.

Avalon Technologies with a target price of Rs 610. The current market price of Avalon Technologies Ltd. is Rs 519.5. Avalon Technologies Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 3415.04 Crore) operating in General sector.

Bharat Electronics Ltd. traded 0.76 per cent up at Rs 211.2 at 10:25AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 406.99 points to 73465.3. The stock had settled at Rs 209.6 in the previous session. The stock quoted a 52-week high price of Rs 213.8 and 52-week low of Rs 89.68, respectively. As per BSE data, total traded volume on the counter till 10:25AM (IST) stood at 721224 shares with a turnover of Rs 15.28 crore.

Laapataa Ladies," directed by Kiran Rao, witnessed a decline in earnings, grossing ₹38 lakh, according to Sacnilk.com. Starring Pratibha Ratna, Nitanshi Goel, and Sparsh Shrivastav, with Ravi Kishan in a significant role, the film is adapted from an acclaimed story by Biplab Goswami. Produced by Kiran, Aamir Khan, and Jyoti Deshpande, the movie hit theatres on March 1st.

Tata Motors, at its meeting on March 4, approved the proposal of demerger of the company into two separate listed companies, which will house the Commercial Vehicles business and its related investments in one entity and the Passenger Vehicles businesses including PV, EV, JLR and its related investments in another entity. Read here: Tata Motors business divisions come to a fork in the road “The demerger will be implemented through an NCLT scheme of arrangement and all shareholders of Tata Motors shall continue to have identical shareholding in both the listed entities," the auto major said in a release. According to UBS, Tata Motors’ demerger simplifies the structure, but it does not see any unlocking of material value.

Gold rate today, 5th March 2024: Ahead of the US Fed chief's testimony before the US Congress this week, gold price on the Multi Commodity Exchange (MCX) touched a new lifetime high of ₹64,575 per 10 gm on Monday. However, the MCX gold rate today witnessed some selling pressure during morning deals. Gold futures contract on the MCX for April 2024 expiry opened lower at ₹64,331 per 10 gm level, which is its intraday low as well.

₹478.50 on Tuesday after the Reserve Bank of India (RBI) barred IIFL Finance from sanctioning and disbursing gold loans with immediate effect on certain material supervisory concerns. "The Reserve Bank of India, in the exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, directed IIFL Finance Ltd to cease and desist, with immediate effect, from sanctioning or disbursing gold loans or assigning/ securitising/ selling any of its gold loans," the RBI said in a press release.

₹265 per share, 86.62% higher than the issue price of ₹142. On BSE, Exicom Tele-Systems share price today opened at ₹264 apiece, up 85.92% than the issue price.

Gold And Silver Prices Today: Gold prices experienced a slight increase on Tuesday. The price of 24 carat gold stood at Rs.6519.4 per gm, showing an increase of Rs.870.0.

Mint breaks down his agenda. Jaishankar will first travel to Seoul, where he is expected to chair the 10th India-Korea Joint Commission Meeting with the new South Korean foreign minister Cho Tae-yul. At previous meetings, the two countries have focused on supply-chain security and collaborating on advanced technologies.

Shehbaz Sharif after taking oath as Pakistan's new PM for a second time, nearly four weeks after an uncertain national election caused delays in the formation of a coalition government. In a post on X (formerly Twitter), PM Modi wrote, “Congratulations to @CMShehbaz on being sworn in as the Prime Minister of Pakistan." Shehbaz Sharif on Monday officially took up office at a swearing-in ceremony at the presidential office in the nation's capital, Islamabad, a day after parliament elected him prime minister despite protests from lawmakers aligned with jailed former premier Imran Khan.

Bollywood actor looked for Ram Charan to join them on stage. “Where are you, Ram Charan?" he kept asking as he seemingly wanted the RRR star to join the three Khan in the performance. During this time, in apparent jest, SRK started speaking gibberish Telugu, which included the word “idli".

How can one open a demat account? Here are 4 simple steps to follow Rising GDP typically elevates inflation. Moderate inflation indicates a healthy economy. An increase in prices in general can loosely be termed as inflation.

₹225 per share, 31.58% higher than the issue price of ₹171. On BSE, Platinum Industries share price today opened at ₹228 apiece, up 33.33% than the issue price.

Macrotech Developers Ltd.(up 2.2 per cent), Phoenix Mills Ltd.(up 1.92 per cent), Godrej Properties Ltd.(up 1.03 per cent), Swan Energy Ltd.(up 0.95 per cent) and Mahindra Lifespace Developers Ltd.(up 0.23 per cent) were among the top gainers.