UPS Financial News
07.03 / 03:05
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A series of unfortunate lit fest events
Subscribe to enjoy similar stories. Imagine a literary festival not as encounters with favourite authors or listening to fascinating debates but instead as embarrassing onstage debacles, serialised episodes of misadventures that metamorphose in the mind into a very public pillorying. With this season’s calendar of lit fests, in locations as diverse as Jaipur and Thimphu, coming to an end, my bizarre experiences at Sri Lanka’s Galle Literary Festival last month reminded me of my accident-prone run on stage.
07.03 / 03:05
UPS
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reports
Walgreens seals $10 billion take-private deal with Sycamore
Subscribe to enjoy similar stories. Walgreens’s almost centurylong run as a public company is coming to an end. The embattled drugstore chain has struck a deal to be taken private by Sycamore Partners in one of the biggest leveraged buyouts in recent memory.
07.03 / 02:17
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Williams
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Bitcoin
US dollar struggles near 4-month low amid growth concern; jobs data in spotlight
jobs data due later in the day. Another reprieve of levies aimed at Mexico and Canada announced by U.S. President Donald Trump on Thursday offered little relief, keeping the safe-haven yen not far off its strongest against the greenback since early October.
07.03 / 02:17
markets
UPS
Analysis
economy
Trade
War
country
Investors spy the dawn of a tectonic shift away from US markets
China unlocked more stimulus on Wednesday and promised greater efforts to cushion the impact of an escalating U.S. trade war. Hours earlier, Germany's likely next government agreed on the biggest overhaul to fiscal policy since the country's reunification.
07.03 / 01:15
UPS
Platform
security
economy
Flushing
students
International
Study-abroad player Leap is in late-stage talks to acquire Prodigy Finance
Subscribe to enjoy similar stories. MUMBAI : Flush with funds, study-abroad platform Leap is in late-stage talks to acquire study-abroad fintech Prodigy Finance Ltd, with plans to acquire more startups, three persons close to the development told Mint. The final details are being ironed out, and the deal will close soon, said one of the persons, adding that Leap is also evaluating two to three other startups to acquire, with study-abroad consultancy KC Overseas Education being one of the leading prospects.
07.03 / 01:15
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Parke
country
Blackstone, Sattva-backed Reit files draft papers for ₹7,000 cr IPO
Subscribe to enjoy similar stories. A real estate investment trust sponsored by asset manager Blackstone Group and Bengaluru developer Sattva Group filed its draft papers with the market regulator for an initial public offering (IPO) to raise around ₹7,000 crore. The Knowledge Realty Trust has a portfolio of 30 Grade A office assets across 48 million sq.
07.03 / 01:15
UPS
Citi
Booking
Strategy
country
International
Afcons eyes Middle East construction boom, shifts strategy with local partnerships
Subscribe to enjoy similar stories. Mumbai: Afcons Infrastructure Ltd, which has so far limited its exposure to the Middle East due to unfavourable contract terms, is looking to increase its business there as the region witnesses a construction boom to diversify from oil money. The company will work in the region in collaboration with local partners who are familiar with domestic conditions to reduce the execution risk, as per top company executives.
07.03 / 01:15
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Jaggi-led Gensol's debt woes much bigger than thought
Subscribe to enjoy similar stories. Mumbai: The debt troubles of Gensol Engineering Ltd, whose loans were downgraded to default by two rating agencies this week, are more pronounced than initially thought. Mint has learnt that Ahmedabad-based solar plant construction company has delayed repayments to one of its largest lenders, the Indian Renewable Energy Development Agency (Ireda), by up to two months.
07.03 / 01:15
UPS
IPO
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security
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Interviews
Lohum is aiming for IPO in 2027. But before that it wants to raise $200mn
Subscribe to enjoy similar stories. New Delhi: Critical mineral refining and processing company Lohum is looking to raise about $200 million from private equity funds, as it readies to launch an initial public offering (IPO) in early 2027, its founder and chief executive officer (CEO) Rajat Verma said. “Growth will come from capacity expansion.
07.03 / 01:15
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Stocks to buy: Raja Venkatraman recommends three stocks for today — 7 March
Subscribe to enjoy similar stories. On 6 March, Indian stock indices, the Sensex and the Nifty 50, lost their initial upward momentum and closed in negative territory, dragged down by declines in major stocks like HDFC Bank, Airtel, ITC, and Infosys. Meanwhile, the White House revealed that US President Donald Trump is open to evaluating additional products for possible tariff exemptions, which came into effect on 4 March.
06.03 / 23:47
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UPS
Target
Trade
electronic
Pharmaceuticals
Trade talks heat up: US asks for petrochemical concessions, India eyes value chain
Subscribe to enjoy similar stories. New Delhi: As Indian and US negotiators huddle in Washington to iron out issues in a potential trade deal, one of the key areas that has emerged is petrochemical trade, three people aware of the matter said on the condition of anonymity.
06.03 / 23:21
COST
UPS
stage
Walgreens agrees to be acquired by private equity firm for almost $10 billion
Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money
06.03 / 21:23
markets
UPS
Action
community
President
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Rep Melanie Stansbury’s protest sparks clash during Donald Trump’s Congressional address
Congress Tuesday evening when Rep Melanie Stansbury (D-NM) held up a «This is NOT normal» sign when President Donald Trump walked into the White House chamber for his speech. The confrontation quickly escalated when Rep Lance Gooden (R-Texas) snatched the sign from her hand and flung it in the air. This exchange has sparked a controversy.
06.03 / 19:45
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Digital
Experts
RAI
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Priyanka Chopra Jonas sells four apartments in Mumbai’s Andheri suburb for Rs 16.17 crore
The apartments spread over a total built up area of 5,045 sq ft on the 18th and 19th floor of the tower to four different buyers. These four apartments also include a duplex spanning over 18th and 19th floor and this has been sold for Rs 6.35 crore. The deals were registered on Monday and has attracted cumulative stamp duty worth Rs 84.47 lakh, showed the documents accessed through IndexTap.com. Priyanka’s mother Madhu Chopra has executed both the deals on the actor’s behalf.
06.03 / 17:41
UPS
performer
inclusion
reports
Courts
Appraisers, know what you appraise
Bureaucratic Caste System', former IAS officer and Padma Bhushan recipient M N Buch likened India's bureaucracy to caste hierarchy: IAS as brahmins, IPS kshatriyas, general bureaucracy as vaishyas, and teachers and scientists as shudras. This unwritten 'caste system' was debated in the Supreme Court this week when a challenge to the MP government's 2024 order on performance appraisal reports (PAR) for forest officers came up. The order mandates district-level forest officers — divisional forest officers, conservators and chief conservators — be appraised by district magistrates (DMs) and divisional commissioners (DCs), both IAS officers. MP forest officers contend IAS officials lack technical expertise to judge them.
06.03 / 17:41
UPS
Action
wellness
social
Department
HR, beware of the bloodsucking spouse
spouse accountable for one's shortcomings is a tactic as old as, well, marriage. 'My husband made me do it,' or 'My wife told me not to do it,' are standard tropes that are on par with 'the dog ate my homework'. But the defence of a provincial armed constabulary (PAC) constable in Meerut to charges of tardiness and negligence of duty takes the khasta gur revdi.
06.03 / 16:35
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Netflix
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Features
Georgia boy, featured in Netflix's Unsolved Mysteries, found in Colorado seven years after disappearance
Georgia teenager, whose disappearance recently featured in Netflix's Unsolved Mysteries, has reportedly been rescued from Colorado. Abdul Aziz Khan, now 14 years old, was reported missing in 2017 after his mother failed to show up at a scheduled custody hearing.
06.03 / 15:47
markets
UPS
security
Experts
War
show
Nifty’s relief rally could extend to 22,900 in the short term. But it may not last long.
Subscribe to enjoy similar stories. The recent rebound in India’s stock market could stretch by 1.4% in the short term, said market experts, although they warned that it could be a mere bounce within a larger downtrend as foreign investors remain significantly bearish in the domestic cash and derivatives segment. On Thursday, stock market bulls kept India’s benchmark indexes up for a second straight day following 10 straight sessions of battering.
06.03 / 15:43
markets
UPS
Election
President
Equities suffer in January as nervous investors take £3bn off the table
The January outflows more than reversed the £2.3bn inflows recorded in December 2024 and also bucked the positive flows in November. Active funds in general, and equities, particularly UK equities, were hardest hit. UK equity funds suffer ninth-year of outflows in 2024 Investors were reacting to high levels of uncertainty that began the year, the IA said, adopting a ‘wait and see' approach. Factors including confusion over interest rate cuts, the impact of then-anticipated tariffs from the newly elected President Trump and a market shake up with the blasting onto the scene of De...
06.03 / 15:43
markets
UPS
Strategy
wellness
Experts
Join IW in London next week for Fixed Income Market Focus event
At Investment Week's Fixed Income Market Focus on 13 March at One Moorgate Place in London, speakers will discuss their outlook for fixed income in the current market environment, as difficult decisions loom for governments and central banks as the year unfolds. They will also identify where opportunities are opening up for bond investors across the spectrum, how they are managing the biggest risks to their strategies, as well as how their funds may fit in investors' portfolios. By attending this interactive event, you will get the chance to network with peers, quiz our expert speaker...
06.03 / 15:35
markets
UPS
Lamar
show
reports
Relationships
Here's why Khloé Kardashian is not revealing her relationship status with Tristan Thompson to their daughter
Tristan Thompson on and off between 2016 to 2021, said she is not planning to tell their daughter True the truth about the former couple's relationship status. In the latest episode of The Kardashians, Khloé shared that the six-year-old child still thinks that her parents are «married,» Page Six reported.
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