UPS Financial News

Mint explains: Fintechs play a pivotal role in India’s financial system by saving time, enhancing access and lowering costs. Nonetheless, there are concerns. India’s fintech industry is largely unregulated and from time to time, issues crop up on data privacy, cyber security, grievance handling and internal governance.

₹1,055.90 crore for the December quarter, a 31.82% rise over the corresponding quarter of last year, as per regulatory filings. Revenue during the quarter was up 13.66% YoY to ₹6,603.81 crore. The result was in line with Bloomberg’s poll of analysts tracking the company.

Nepal's Madhesh province on Monday celebrated with enthusiasm and joy the consecration of 'Ram Lalla' in Ayodhya. Nepal's Janakpurdham, the birthplace of goddess Sita, on Monday, decked up for the Ram Temple consecration ceremony, with temple authorities decorating the Janaki temple with garlands and flowers. Hindus in Janakpurdham, who joined the celebrations with multiple cultural and religious festivities, wrote «Jai Siyaram» with flowers.

Adani Ports and Special Economic Zone and Adani Electricity Mumbai to stable from negative on signs of robust cash flow in the next 12 to 24 months. Adani Ports' ratio of adjusted net debt to earnings before interest, tax, depreciation and amortization — a measure of its ability to pay off liabilities — is expected to be in the range of 3x to 4x over the next two years, S&P said.

BENGALURU : Three months after Zee Entertainment Enterprises Ltd’s largest investor, American money manager Invesco, first blew the bugle of shareholder activism in September 2021 and demanded a reconstitution of the company’s board, media mogul Subhash Chandra signed a merger agreement with Japanese giant Sony Corp. On 22 December, 2021, Zee and Sony proposed to create a $10-billion media behemoth in which Sony would own 50.88% and the Chandra family 3.99%, with the remaining shares held by public investors. The news of the announcement in the media in the run-up to the formal announcement had pushed up the share price: Zee shares were up 90% from 11 September, when Invesco’s letter to the Zee board was shared with the stock exchanges.

gaming headphones with this comprehensive guide. Whether you're looking for top-tier audio quality, crystal-clear communication, or superior comfort, these audio solutions have it all. We've meticulously selected the best options to cater to various preferences and budgets so that everyone finds the perfect companion for their gaming adventures.

BENGALURU : Eruditus, founded in 2010 by Chaitanya Kalipatnapu and Ashwin Damera and headquartered in Singapore, is evaluating if it would be feasible for the executive education startup to move its base to India to capitalise on growing opportunities in the market. “It is a fact that the Indian stock markets are far more attractive than the global peers," said Damera in an interview with Mint. “Sometime in the future we will have to figure out how to give an exit to the investors.

₹392.08 crore for the third quarter (Q3) ended December 31, 2023, of fiscal year 2024 (FY24) as compared to a loss of ₹194.95 crore in the same period a year ago, the company said in an exchange filing. Its consolidated revenue from operations stood at ₹28,383.41 crore in the third quarter of FY24, down from ₹30,966.16 crore in the same period last fiscal year. The company reported a consolidated total income of ₹28,422.99 crore in the December quarter of the current fiscal year as compared to ₹31,008.46 crore in the last fiscal year.

valiant and tantalizing world of crime with the approaching prequel series of The Sexy Beast. Built on the foundation of the bequest of the cult classic movie released in 2000 and directed by Jonathan Glazer, this series on Paramount+ is a promising take, unraveling the undisclosed background of the original film's friends-turned-foes, who are Don Logan played by Emun Elliott and Gal Dove portrayed by James McArdle. Set against the strong background of London in the 1990s, the series takes the audiences on an exciting journey through the rapidly-paced city life along with its several inclinations. Further revealing the concealed agenda driving the plot, one should brace themselves up as the younger versions of Don and Gal get exposed to the underworld for the first time and gradually climb from being small-town robbers to fearful gangsters.

Big fat weddings have been urged to go local. So it’s goodbye Dubai, London, Maldives or Lake Como, and back to the drawing board. We know of at least three top business families—in Ahmedabad, Mumbai and Kolkata—that have had to search for desi alternatives at the last minute. Some have found a way out by hosting all the pre-wedding festivities in the original exotic locations as planned, while the big day is held back home. Considering that some A-list invitees were also wary of attending such shaadis after the Wed in India mission statement, this was a happy nuptial workaround. Life Moves OnTh

In just six days of trading, the recently approved spot Bitcoin exchange-traded funds (ETFs) have collectively accumulated an impressive 95,000 BTC, with total assets under management (AUM) inching close to the $4 billion mark.

Markets need to begin thinking about the structural impact of Donald Trump's proposed 10% tariff increase, which «shakes up every asset class,» according to Rabobank Global Strategist Michael Every.

melting Arctic permafrost could unleash ancient zombie viruses and trigger a catastrophic global health emergency. Expressing his concerns, geneticist Jean-Michel Claverie, Professor Emeritus of Medicine and Genomics at Aix-Marseille University, told 'The Guardian', «We now face a tangible threat and we need to be prepared to deal with it. It is as simple as that.»

Alphabet Inc.’s lab for pioneering technology is laying off dozens of employees as it turns to outside investors to help fund its ventures. The division, known as X, has in recent months ramped up discussions on funding with venture capitalists and other investors, according to people with knowledge of the matter who asked not to be named as it is private. The lab is adopting a new structure that’ll enable its projects to more easily spin out of X as independent startups with support from Alphabet and outside backers, according to one of the people and an email to staff obtained by Bloomberg.

Tamilnad Mercantile Bank has recommended the names of three individuals for the post of Managing Director and CEO to the Reserve Bank of India, a top official said on Monday. The Tuticorin-based bank said it has developed a mechanism towards ensuring big fund transactions take place after getting an approval from a concerned officer.

The Rock" Johnson's involvement in a new addition to The Mummy franchise, allegedly titled The Mummy: Resurrection. While fans are eager for another installment, a closer look at the rumors unveils a tale of misinformation and false anticipation surrounding a potential 2024 release.

Ram temple in Ayodhya on Monday. BigBasket’s BB Now, Zepto, Blinkit, and Swiggy Instamart capitalised on the event by promoting the sale of items such as lamps, flowers, incense sticks, coconuts and sweets with the introduction of a separate category for these products on their apps.

An Ontario woman is packing her belongings and preparing to open a more medieval chapter in her life as the owner of a castle in a small Nova Scotia community.

The combined revenue of the companies that have declared their December-quarter financial results so far has risen 18.1% year-on-year, while net profits have risen 16.2%, a Mint analysis showed. Excluding the companies in the banking, financial services and insurance (BFSI) sectors, the topline grew 5.3%, while profits were up 7.1%.

₹177 crore from ₹205.6 crore in 2021-22, as per regulatory filings sourced from Tofler. Its revenue from operations ballooned to ₹131.4 crore from ₹47.4 crore in the same period.

₹225, the actual cost of a bag of urea, including government subsidies, is ₹3,000. Urea is the most popular crop nutrient—the most important source of nitrogen for crops which is required for photosynthesis and vegetative growth. With two sprays, farmers could drastically reduce the use of granular and heavily subsidized urea by almost half.