UPS Financial News

S Jaishankar on Monday said that on India's western front, the long-standing challenge of cross-border terrorism now elicits more befitting responses. Speaking at Pandit Hriday Nath Kunzru Memorial Lectures 2024 on 'Bharat and the World' at Convention Centre, JNU, S Jaishankar said, «On the western front, the long-standing challenge of cross border terrorism now elicits more befitting responses. »Believe me, Uri and Balakot sent their own message," he added.

He will be based in Paris and report to global head of fixed income Marion le Morhedec. Broustra has been at AXA IM for over 20 years, and was most recently head of investment specialists for fixed income and multi-asset solutions for the Core Investments platform. AXA Framlington shakes up management of £600m UK Select Opportunities In his new role, he will be responsible for global rates strategies for institutional and third-party clients, while overseeing AXA IM's inflation investment capabilities, as well as the Swiss and Japanese fixed income business. le Morhedec said: «I...

In its 2024 ESG Barometer report, the firm, part of Allfunds Group, noted the proportion of Article 8 funds at risk of greenwashing had increased in recent years, from 21% and 20% in 2021 and 2022, respectively, up to 24% last year. CFA UK launches impact investing certificate It said the main reason for this was that the vehicles have done «close to the bare minimum to classify as an Article 8 product», such as holding few negative exclusions or enforcing basic ESG integration, leading to ESG standards not being «strong enough». For Article 9 funds, just 6% face the same risk, the...

Investing.com — Domino’s Pizza (NYSE:DPZ) has hiked its dividend and gave the green light to further share repurchases, the restaurant chain announced on Monday.

By David Morgan

By Kate Abnett and Philip Blenkinsop

(Reuters) -Domino's Pizza surpassed Wall Street expectations for quarterly same-store sales on Monday, as a revamp of its loyalty program and its delivery partnership with Uber (NYSE:UBER) Eats boosted appetite for its pizzas and chicken wings.

By Jamie McGeever

SUV segment, credit rating agency Crisil said on Monday. This anticipated growth is expected to come on the back of an estimated high base of 6-8 per this financial year even as demand for cars and exports remain muted, it said. A significant change in consumer preference has cranked up demand for SUVs leading to its market share doubling to around 60 per cent of total domestic volume this fiscal from around 28 per cent before the pandemic in fiscal 2019, the ratings agency said. This preference is expected to grow further, backed by a healthy pipeline of new model launches across price points, including electric variants, and normalised availability of semiconductors after a prolonged period of short supply, it said.

Adani New Industries Ltd. is in talks to raise up to $3 billion for capital expenditure, according to people familiar with the matter, as the unit of India’s ports-to-power conglomerate aims to become a major player in the country’s green hydrogen push. The company is discussing the planned transaction with a group of foreign lenders and is likely to raise the money via offshore loans in two or three tranches over the next 12 months, with the process starting in June, the people said, asking not to be identified because the details are private. The loan’s tenor could range from three to five years, with the pricing likely linked to the Secured Overnight Financing Rate, they said. Lenders discussing the credit facility with the company include DBS Bank, Deutsche Bank AG, First Abu Dhabi Bank PJSC, ING Bank NV, MUFG Bank and Standard Chartered Bank Plc.

By Patricia Zengerle

(Reuters) — U.S. stock index futures were subdued on Monday after last week's scorching AI-driven rally as investors once again shifted their focus to the Federal Reserve's monetary policy path and awaited economic reports including key inflation data this week.

A few Indians caught in the Russia-Ukraine conflict have sent desperate pleas back home asking to be rescued, saying the Russian military had hired them as helpers but coerced into fighting in the war. Out of roughly 100 Indians hired by the Russian military, at least one has been killed in battle. The Indian government is scrambling to secure the discharge of these individuals.

₹100,000). My past self would've just paid the tax without a second thought. However, there’s a perfectly legal way to try and optimise the tax outgo.

Indian stock market today: OK Play India shares are one of the multibagger stocks that the Indian stock market has delivered in the last one year. The small-cap stock with a market cap of around ₹547 crore has delivered around 140 percent in the last one year, whereas in the last five years, this multibagger stock has risen to the tune of over 350 percent.

Ajit Isaac, CMD, Quess Corp, says “the demerger will unleash a simplified structure that the market has also been looking forward to, a renewed management focus on each of the businesses, a changed capital allocation strategy that is relevant to each of these specific businesses as well as a flexibility in approach to markets. Lastly, a clarity of investment thesis for investors coming into each of these specific demerged entities. That is why we did it and the advantages we can derive for each business.” Tell me a little bit more about your demerger. What kind of prospects does it throw up, the value unlocking, etc, and what was the rationale? Ajit Isaac: I will start with the third part of the question: what is the rationale? The key thing to look at here is that our business is now 17-years old and so we are no longer a startup. It is a mature business and over the years each of the business verticals have become scaled, mature, and market-leading entities and each one has its own rhythm, its cyclicality, and nuances.

chips race, now has to evaluate $21 billion of semiconductor proposals and divvy up taxpayer support between foreign chipmakers, local champions or some combination of the two. Israel’s Tower Semiconductor Ltd. is proposing a $9 billion plant, while India’s Tata Group has put forward an $8 billion chip fabrication unit, people familiar matter said. Both projects would be in Prime Minister Narendra Modi’s home state of Gujarat, the people said, declining to be named as the matter is not public. Semiconductors have grown into a key geopolitical battleground, with the US, Japan and China investing heavily in developing domestic capabilities. Modi’s push to turn India into a global manufacturing hub also includes luring international chipmakers to the country — a bid to catch up in the sector to save money on expensive imports and enhance a growing smartphone assembly industry.

R Systems International has signed a memorandum of understanding (MoU) with the Indian Institute of Technology Delhi (IIT Delhi) to set up a Centre of Excellence (CoE) on Applied AI for Sustainable Systems at IIT Delhi. The centre will include a cutting-edge research lab, the institute said in a statement. The centre will create an endowed faculty chair position and offer merit-based student scholarships, it said.

Election Commission on Monday roped in banks and post offices to spread voter awareness as part of its efforts to increase voting percentage in the upcoming Lok Sabha polls. The poll panel has often expressed concern over urban and youth apathy with many registered voters not turning up at the polling stations to cast ballot in the previous elections. Over 30 crore of the 91 crore electors did not cast their ballot in the previous parliamentary polls. The Election Commission (EC) on Monday signed a memorandum of understanding (MoU) with two prominent organisations — the Indian Banks' Association (IBA) and the Department of Posts (DoP) — to amplify its voter outreach and awareness efforts ahead of the Lok Sabha elections.

Sheikh, the Enforcement Directorate, the CBI, the state home secretary be impleaded as parties in the suo motu matter initiated on the allegations of sexual atrocities on women and land grab of tribal people. A division bench presided by Chief Justice T S Sivagnanam directed that a public notice be given in newspapers by the high court registry stating that Sheikh has been impleaded in the matter, as he is on the run and not seen in public since a mob attack on ED officials on January 5.

California, which is at risk of falling into the ocean due to a recent cliffside erosion caused by heavy storms in the region. Despite the life-threatening circumstances, Bruggeman is refusing to leave his home. He claimed that the house is structurally in good shape and not under immediate threat of collapse, according to a report by the NY Post.