UPS Financial News
15.02 / 06:15
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IndusInd Pioneer Heritage credit card: From rewards to benefits; all you need to know
credit card stands as a pinnacle among Mastercard World Elite offerings in India, exclusively tailored for elite clientele. Comprising two distinguished variants – the Pioneer Heritage credit card and the groundbreaking Pioneer Heritage Metal credit card – the latter being IndusInd Bank's inaugural metal card elevates the experience with heightened premium advantages. In this article, we delve into a comprehensive review of the IndusInd Pioneer Heritage credit card, exploring its rewards and benefits in detail.
15.02 / 05:45
15.02 / 05:09
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Students ‘worried’ as CBSE Board exams begin today amid traffic disruptions due to farmers' ‘Delhi Chalo’ march
PTI. The authorities have managed to curtail the 'Delhi Chalo' agitation by farmers from Punjab at the state's border with Haryana. However, farmer leaders have said a meeting will be held with three Union ministers in Chandigarh on February 15.
15.02 / 05:09
markets
UPS
Trade
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Pharmaceuticals
Glenmark Pharma share price jumps over 6% after Q3 result
BSE on Thursday, February 15, a day after the company reported its December quarter earnings. Glenmark Pharma share price opened at ₹766.65 against the previous close of ₹796.30 and rose 6.4 per cent to the level of ₹847.30. Around 9:20 am, the stock traded 5.22 per cent up at ₹837.90.
15.02 / 05:09
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Tractor industry in a rough spot; Mahindra expects sales to drop 10% in Q4
Mint. However, group CEO Anish Shah said the tractor market was coming off its best-ever volumes in the past three years, and though several positive and negative factors were affecting rural demand, "the rural economy is doing reasonably well". Jejurikar said, "We expect the tractor industry to be more negative than what we'd thought, based on what we've seen over the past few months.
15.02 / 05:09
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International
Overseas real estate helps in diversification of portfolio, says Himanshu Kohli of Client Associates
High Net Worth Individuals (HNIs) in 2024, the significance of diversification through international real estate, and the increasing focus on Environment, Social, and Governance (ESG) compliant investments. One of the key trends we have been observing in the HNI landscape is that while clients' needs have not gone up that much, their balance sheets have expanded, meaning their assets have increased. This, in turn, implies that the surplus wealth also has increased and, as a result, there will be a bias toward growth-oriented portfolios, and here we are referring to more allocation into public markets, private markets, and international markets.
15.02 / 05:09
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Lyft’s CEO David Risher says ‘My bad’ on margin error, ‘It was one zero’
Bloomberg Television on Wednesday, taking the blame for a typo in a company press release Tuesday that erroneously projected a particular measure of earnings margin to expand by an eye-watering 500 basis points. (In reality, Lyft expects margins to grow by 50 basis points.) “This was a bad error," he said, “but it was one zero in a press release." The typo, which actually appeared in multiple company documents on Tuesday, helped drive a 67% surge in Lyft’s shares in after-hours trading.
15.02 / 04:07
UPS
economy
Election
Opinion
Research
Our youth don’t favour all elections held in sync
There are some things the Bharatiya Janata Party (BJP) can take for granted. Such as its hold on the so-called Hindu vote, no matter how defined, and its poll prospects bumped up by the popularity of Prime Minister Narendra Modi.
15.02 / 03:59
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Google
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exclusive
Garena Free Fire Max redeem code for February 15, 2024: Win free in-game goodies
Garena Free Fire Max is a revamped version of Garena Free Fire, which was banned by the Indian government in February 2022. The battle royale game has found a special place among the Indian masses due to its vibrant graphics and intense gameplay. Meanwhile, the release of daily redeem codes also helps to increase the excitement around this game.
15.02 / 03:59
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Strategy
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asset allocation
Investors must opt for an asset allocation strategy, says Palka Arora Chopra of Master Capital Services
MintGenie, Chopra said that when analysing fund performance, investors should consider not only point-to-point performance but also the fund's rolling returns relative to its benchmark, as well as risk-adjusted performance. 6.5% economic growth is expected in Fiscal year 2024-25 making India one of the fastest-growing economies in the world. The Indian Economy is expected to outgrow China’s economic growth because of the high foreign investments expected in 2024.
15.02 / 03:59
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end
Q3 Results Today: Ballarpur Ind, Hardwyn India, R Systems and more to post earnings as earning season nears end
Q3 Results Today: Ballarpur Industries Ltd, EPACK Durable Ltd, Hardwyn India Ltd, R Systems International Limited, and Shivom Investment & Consultancy Ltd are Companies scheduled to post their earnings on February 15. As the earnings season is nearing its end some leftover companies will keep announcing their results.
15.02 / 01:59
15.02 / 01:59
UPS
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security
President
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social
reports
What, me worry? Most people’s retirement egos are inflated
Clients might have an overconfidence problem when it comes to retirement planning, claiming Social Security, and overall personal finance.
15.02 / 01:37
UPS
Platform
security
wellness
inclusion
International
New home for Shriram Housing Finance: Private equity funds close in on deal
Bain Capital, Advent International and CVC Capital are among the private equity funds that are competing to buy Shriram Housing Finance Ltd (SHFL), an arm of Chennai-based non-banking finance company (NBFC) Shriram Finance, said people with knowledge of the matter. These three, along with Warburg Pincus, have been shortlisted after non-binding bids were submitted by potential buyers in mid-December. They are currently engaged in conducting due diligence. Binding bids are due in a fortnight. Parent Shriram Finance, which is mainly involved in commercial vehicle financing, owns 84.82% of SHFL, which focuses on affordable homes. San Francisco-based PE Valiant Capital Management owns most of the remaining stake.
15.02 / 01:37
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UPS
Reuters
economy
Nikkei
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performer
Japan's economy slips into recession, raises BOJ policy uncertainty
Japan's economy slipped into a recession as it unexpectedly shrank for a second straight quarter on weak domestic demand, data showed on Thursday, raising uncertainty about the central bank's plans to exit its ultra-easy policy sometime this year. The surprisingly weak performance saw Japan lose its title as the world's third-largest economy, replaced by Germany.
15.02 / 01:37
markets
UPS
ETF
security
Analysis
Bitcoin
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Bitcoin market cap back above $1 trillion in broad crypto rally
Bitcoin climbed past $51,000 in a broad cryptocurrency rally that saw Ether, the second-biggest token, advance back to where it was before the TerraUSD stablecoin collapsed almost two years ago. Bitcoin's 21% year-to-date gain pushed its market capitalization above $1 trillion for the first time since December 2021, data from CoinGecko show. Ether rose 4.1% in London on Wednesday, and altcoins like Avalanche, Polkadot and Polygon also climbed.
15.02 / 01:21
markets
UPS
Provident
Digital
Platform
security
ECB will only use European suppliers for digital euro build
The central bank in January opened applications for vendors to provide components and related services for a potential digital euro in contracts that could total more than EUR1 billion. Speaking before a European parliament committee, ECB board member Piero Cipollone, reassured MEPs that the central bank is not launching any of the development now, but instead is drawing up "framework agreements" that could be used in the coming years to develop the relevant components if the decision to launch the digital euro is taken."We need to be prepared for such an event," he says.
15.02 / 00:43
UPS
Entertainment
Enterprise
Sony
show
Videos
Zee and Sony split up. Now, streaming studios are sulking
Zee Entertainment Enterprises, ending India’s largest entertainment deal, after months of fruitless talks to appoint a chief executive officer for the merged entity. The person cited above said Amazon Prime Video takes long to approve projects, and has cancelled some of the 40 titles it had announced in April 2022. “Disney, too, has been trying to cut losses, and buying and commissioning has been moving at a glacial pace there," the person added.
15.02 / 00:43
COST
UPS
Aviat
Deloitte
wellness
reports
Cap lease rate at 40% upon renewal: MROs
NEW DELHI : India’s aircraft maintenance, repair, and overhaul (MRO) units have sought a reduction in rental rates at which the government renews their land leases, Mint has learnt. “The industry has sought intervention by the civil aviation ministry on lease rentals for the MRO industry. The norms state that a new allotment of Airports Authority of India (AAI) land is approved at 40% of prevailing land lease rates for MRO companies.
15.02 / 00:09
markets
UPS
Provident
Target
Strategy
Research
performer
Pro Research: Wall Street eyes Instacart's market trajectory
Explore Wall Street's expert insights with this ProResearch article, which will exclusively be available to InvestingPro subscribers soon. Enhance your investment strategy with ProPicks, our newest product featuring strategies that have outperformed the S&P 500 by up to 700%. This New Year, enjoy up to 50% off on a subscription to InvestingPro. In addition, take an extra 10% off a 2-year InvestingPro+ subscription with the code SFY24 or claim an extra 10% off a 1-year InvestingPro+ subscription with the code SFY241. To ensure ongoing access to valuable content like this, step up your investment game with InvestingPro.
14.02 / 23:53
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Interviews
Minnesota company and employee cited for reckless driving in Alaska crash that killed 3 sled dogs
Both a Minnesota man testing a snowmobile for his employer and the company have been cited for reckless driving after the machine slammed into a sled dog team and killed three dogs in December
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