UPS Financial News
23.01 / 00:47
COST
UPS
Provident
Platform
Sustainability
Schools
Gaming firms offer to pick up tax bill to keep players hooked
online gaming companies including Dream11, Mobile Premier League and Games24X7 are running personalised offers and schemes, in an effort to keep regular gamers and influencers hooked on the platforms amid an increase in tax liability. The goods and services tax rate on real money gaming has been increased to 28% effective October 1. The tax is applicable on the full face value, or the money that a user deposits to participate in a game.
23.01 / 00:47
markets
COST
UPS
Digital
Software
Schools
Revenue-linked financiers bet big on SaaS companies
Revenue-based financiers are increasingly seeing an opportunity in cash-flow based lending in India’s early-stage software startups segment, as equity funding gets expensive and the bar for investment gets higher. Over the past month, revenue-based financiers such as GetVantage and Velocity have set aside a dedicated corpus of Rs 250 crore and Rs 300 crore, respectively, to meet the growing demand for this kind of debt financing in the software-as-a-service (SaaS) industry.
23.01 / 00:47
markets
UPS
Provident
Trade
Sebi firm on FPI ownership norms as deadline looms
Sebi) is set on imposing tightened ultimate beneficial ownership norms for overseas investors with effect from February 1 despite pressure from foreign banks and a section of offshore fund managers to ease the rules ahead of the deadline, said a person with direct knowledge of the matter. According to unofficial estimates, there could be a sell-off in Indian stocks in the range of ₹1.5 lakh crore to ₹2 lakh crore over the next six months by funds unable to comply with the norms.
23.01 / 00:07
markets
UPS
Target
Strategy
Lowe’s
AMD
performer
analyst
AMD downgraded to Market Perform due to its high valuation: 4 big analyst cuts
Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Advanced Micro Devices, Home Depot , Lowe’s, and Lululemon Athletica.
23.01 / 00:07
UPS
Art
Digital
CEO
audience
electronic
Tencent's Riot Games to lay off about 11% of staff
(Reuters) -Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees from CEO Dylan Jadeja.
23.01 / 00:07
23.01 / 00:07
23.01 / 00:07
UPS
Target
DOW
Airlines
Boeing
Department
Stock market today: Dow closes above 38,000 for first time as record run continues
Investing.com — The S&P 500 and Dow closed at record highs Monday, with the latter ending above 38,000 for the first time as the tech melt-up continued ahead of busy week of corporate earnings and key economic data.
22.01 / 23:03
markets
UPS
Netflix
film
reports
Features
Netflix's Our Little Secret: What do we know about Lindsay Lohan's next?
Netflix is coming up with "Our Little Secret". The romantic comedy will feature Kristin Chenoweth and Lindsay Lohan. The film, directed by Stephen Herek, revolves around the narrative of two former partners Lindsay Lohan and Ian Harding who, harboring resentment, find themselves compelled to share Christmas together upon the revelation that their current significant others happen to be siblings.
22.01 / 22:59
22.01 / 20:53
COST
UPS
Man
Discover
Justice
Courts
Court rebukes man who transferred home to brother to avoid paying ex-wife
All too often, separated couples go to great lengths to minimize or hide assets that would otherwise be divided in a divorce. When those efforts are deemed to be in “bad faith,” the cost orders imposed by courts can make the financial pain much worse.
22.01 / 20:45
UPS
Fighting
Rollins
show
WWE Monday Night Raw live streaming: Fight card, where to watch, start time
Monday Night Raw is taking place tonight. This will be last Raw episode before the Royal Rumble which will happen on Saturday. Once can watch WWE Monday Night Raw on USA Network. The show kicks off at 8 pm (ET) on January 22.
22.01 / 20:45
UPS
Waters
Extreme
Death
social
pop
reports
Frost quakes hit Chicago. Know what is it?
weather phenomenon known as frost quakes as frigid temperatures griped the area. These occurrences produce distinctive loud booming or popping sounds and trigger minor earthquake-like tremors due to the impact of extremely cold conditions, as per a report. Trent Ford, the state climatologist for Illinois, noted the absence of a formal reporting system for frost quakes, a phenomenon resulting from the rapid freezing of the ground. Despite the lack of an official mechanism, Ford has come across reports of these events through social media channels. Additionally, he personally encountered some instances of frost quakes, scientifically referred to as cryoseism, in the past, CNN reported.
22.01 / 20:45
22.01 / 20:45
UPS
SUN
Continental
cover
Northern lights to be observed in over a dozen states in US on Monday night — Where and how to watch?
northern lights or aurora borealis being noticeable in certain US states. It was observed by the NOAA's Space Weather Prediction Center on Saturday that a corneal mass emission or a discharge of solar material elevating off of the sun. It is predicted to be causing up to average geomagnetic storming.
22.01 / 20:45
22.01 / 20:45
UPS
Citi
security
Research
Celebrity
Inside
Ram Mandir inauguration: Devotees have 'I was there' moment; disregard PM Modi appeals to celebrate at home
Pran Pratishtha at their homes, many devotees landed in Ayodhya, undeterred by security measures and uncertainty regarding stay, to mark their presence on the historic day. In the early hours of Monday, on the Ram Path, many of these devotees stood on pavements watching the VVIP guests swish past them in their luxury cars and government run electric buses, content with just being in the holy city. Pradeep Kumar Pal, a West Bengal state government employee who came a day earlier, said he wished to be a «witness» to the consecration ceremony since 1992 when he had come to UP as a karsevak.
22.01 / 20:33
COST
UPS
Waters
Fox
Trade
Traffic
International
Global shipping rates skyrocket as Red Sea crisis deepens
Alba Wheels Up International founder Salvatore Stile breaks down the impact that Houthi rebel attacks have had on international and domestic business.
22.01 / 19:43
markets
UPS
DOW
Election
Trade
performer
record high
S&P 500's New Record High Could Signal Potential for Extended Gains Ahead
As we all know, the S&P 500 index achieved a new intraday record high last Friday. It is the most recent of the three major U.S. indexes to attain such a milestone since the bear market of 2022, joining the Nasdaq 100 index and the Dow Jones Industrial Average.
22.01 / 19:43
UPS
Target
Airlines
Boeing
wellness
Archer-Daniels-Midland
Midday movers: Small cap stocks rule, Archer-Daniels-Midland falls, and more
(Updated — January 22, 2024 11:28 AM EST)
22.01 / 19:43
markets
UPS
DOW
reports
Weekly
Dow Jones, Nasdaq, S&P 500 weekly preview: Are new highs sustainable?
The S&P 500 (SPX) hit a new record high last week after finally clearing 4,818.62 – the level set in the first week of 2022. The index gained 1.2% last week and is now likely to continue pushing toward the psychologically-important 5,000 level.
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