UPS Financial News

LTIMindtree Ltd. 0.0 per cent to Rs 5517.05 in Tuesday's trade. It hit an intraday high of Rs 5536.2 and low of Rs 5466.0, respectively, during the day. The stock quoted a 52-week high price of Rs 6442.65 and low of Rs 4130.3.

children in begging activities. The authorities discovered that she had accumulated a plot of land, a two-storeyed house, a motorcycle, a smartphone worth Rs 20,000, and a significant sum of Rs 2.5 lakh within a span of six weeks. Indra, who has a history of such offenses, was charged with begging and exploiting her children for the crime. She was subsequently remanded to jail on Monday, while one of her daughters was placed under the care of an NGO. Indra Bai defended her actions when confronted by volunteers from the NGO Sanstha Pravesh, stating, «Instead of starving, we chose to beg. It is better than stealing.» The NGO, in collaboration with the Indore Municipal Corporation, has been gathering data on approximately 7,000 beggars, half of whom are children, from 38 major squares in Indore. Rupali Jain, a volunteer from the NGO, revealed that these beggars collectively earn over Rs 20 crore annually.

Victoria state lost power on Tuesday afternoon when a major power plant shut down because a storm knocked out parts of the state's electricity transmission network. AGL's Loy Yang A power station, responsible for about a third of the state's power, was forced to shut down on Tuesday afternoon after several towers along a major section of the state's transmission network collapsed in bad weather.

United Arab Emirates(UAE). Government employees in Dubai has been asked to work from home till 13 February, Tuesday. UAE's educational authority has also declared the continuation of distance learning in all government schools on February 13.

Tata Motors has announced that it is reducing the price of its Nexon and Tiago EV by up to ₹1,20,000. The price reduction is largely due to a slight fall in the prices of battery cells used in the manufacturing of these cars. Moreover, while Tata has announced a price cut for Nexon and Tiago EV, the prices of the recently launched Punch EV have remained unchanged.

SpaceX rocket on Wednesday, following recent completed touchdowns by China, India and Japan. So why entrust such tasks to the commercial sector, especially after an attempt by another company with similar goals, Astrobotic, failed just last month? The answer lies in the way NASA has fundamentally reorganized itself for Artemis, the agency's flagship Moon-to-Mars program.

NHPC in response to the third-quarter results of the Indian public sector hydropower provider. With an increased target price of ₹91, up about 6% from the prior target price of ₹86, JM Financial is still recommending NHPC as a "buy." Additionally, the brokerage believes that the stock has over 12% potential.

Dubai/ 12 February 2024: HJ Real Estates emerges as the fastest-growing independent real estate channel partner in Dubai, UAE. It partners with over 24+ globally renowned real estate developers, facilitating the sale of properties - studios, apartments, villas, and ready-to-move properties, including off-plan projects. The company excels in providing property management, mortgage advisory services, currency exchange, and others apart from property sales in Dubai.

Tata Steel, NPCI, Jio Financial Services, Newgen Software Tech, Javis, BNP Paribas, Axis Bank and S&P Global, the institute said in a statement on Tuesday. Cluster 3 comprised firms across eight cohorts including BFSI, analytics & IT consulting, core manufacturing & infrastructure, renewable energy & greentech, government enterprises, enterprise tech, fintech and logistics. Many new recruiters participated this year across cohorts, including Waree and Jio Financial Services.

Tata Motors announced a price cut of up to Rs 1.2 lakh on various electric vehicle (EV) models as it intends to pass on the benefits of battery price reduction to the customers. Tata Motors' top-selling Nexon.ev now starts at Rs 14.5 lakh, down from Rs 14.7 previously. while Tiago will now be sold starting at Rs 7.99 lakh, news agency Reuters quoted the company as saying. Prices of Tiago have been slashed by Rs 70,000. However, the prices of the the recently launched Punch.EV remain unchanged.

Hindalco Industries tanked 14% to the day's low of Rs 501.10 on the NSE on Tuesday after its US-based subsidiary Novelis lowered its returns guidance for Bay Minette project to double digits from an earlier mid-teens. The company also announced an additional capex for the project which came as a shocker for the Street. On Monday, Novelis reported net income at $174 million which was up 81% year-on-year (YoY) though it excluded special items, the company filing said. The adjusted EBITDA was reported at $454 million which was up 33% YoY. The company reported net sales at $3.9 billion for the third quarter of fiscal year 2024, which decreased 6% versus the prior year period driven by lower average aluminum prices as shipments were in line with prior year levels.

Reliance Industries (RIL) today become the first listed Indian entity to cross the Rs 20 lakh crore market capitalisation milestone after the stock rallied up to 1.89% to hit fresh 52-week high of Rs 2957.80 on BSE. In the last two weeks alone, the stock's market value has gone up by Rs 1 lakh crore as the Rs 19 lakh crore-level was touched on January 29. So far in the calendar year, the share price of India's most valued stock has gone up by about 14%.

«As I see it, many of these companies probably may demand some amount of inclusion into the smallcap index, but I would feel that here the time is a little bit more watchful, careful,» says Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd. Did you manage to glance through the list of smallcap additions in MSCI? I mean, it may just be called smallcap, but these are biggish companies. Anything which catches your attention? Well, I have not gone through the complete list, but I believe that some of these companies have already had a good run-up and I probably may not want to name the companies with a valuation, but I feel that they have been entered into the mainframe list of MSCI, but they have had their own share of run-up in the market.

cryptocurrency was also buoyed by expectations of interest rate cuts later this year and last month's regulatory nod for U.S. exchange-traded funds designed to track its price. However, Bitcoin fell just below the $50,000 mark in early trade on Tuesday, trading 3.9% higher at $49,971. Whereas, the price of Ethereum, the second-largest cryptocurrency, was up 6% at $2,649.

Page Industries Ltd. gained 0.29 per cent to Rs 36188.0 in Tuesday's session as of 11:32AM (IST) even as the equity benchmark Sensex traded 423.36 points higher at 71495.85. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 43599.0 and a 52-week low of Rs 34968.6 on NSE. Around 94 shares changed hands on the counter till 11:32AM (IST).

solar eclipse is set to darken skies across central and Eastern Canada in a rare celestial event last witnessed in the country 45 years ago.On April 8, the eclipse’s path will cross through Ontario, Quebec, New Brunswick, Prince Edward Island, Nova Scotia, and Newfoundland and Labrador.

By Joe Bavier and Boureima Balima

Investing.com-- Arm- the British chip designer which is majority owned by SoftBank, saw its market valuation more than double in a matter of days after it flagged improved earnings on increasing demand from artificial intelligence.

Russian crypto mining efforts suffered a setback last week, with police closing two large, illegal data centers.

accumulate wealth over a period of time, but also provide insurance benefits at the same time. With features such as surrender value, collateral and tax benefits offered by insurance products, lines between investment and insurance are often blurred. So, if you are planning to buy a life insurance product, it is not irrational to consider this as an investment instrument as well.

Sundar Pichai doesn't. Instead, the 51-year-old executive begins his day by visiting a niche tech aggregator website called Techmeme. However, Picha is not alone in his love of Techmeme, as other tech executives have shown their admiration for the site in the past, including Meta CEO Mark Zuckerberg, Microsoft's Satya Nadella and former Twitter CEO Dick Costolo, who have all confessed to being readers of the site.