UPS Financial News

Subscribe to enjoy similar stories. In 2017 Elon Musk branded Donald Trump a “con man" and “one of the world’s best bullshitters". Now he is known at Mar-a-Lago as Uncle Elon and is in the president-elect’s inner circle.

Subscribe to enjoy similar stories. Authorities in Beijing are ramping up pressure on neighbors to rein in cyberscams after the high-profile kidnapping of a young Chinese actor who says he was trafficked into a criminal enclave in Myanmar. Parts of war-torn Myanmar and other countries in Southeast Asia have become havens for sprawling scam compounds, where hundreds of thousands of people are forced to swindle billions of dollars out of victims in the U.S., China and elsewhere.

Subscribe to enjoy similar stories. MUMBAI : Private equity (PE) firm Jashvik Capital Advisory Llp is acquiring a majority stake in Smart Vision Eye Specialities Pvt. Ltd, a Hyderabad-based eye care hospital chain, said a person close to the deal.

As India gears up to celebrate its 76th Republic Day, shoppers have an additional reason to cheer. Croma, the electronics and home appliances retailer, has rolled out its annual Republic Day Sale, offering significant price drops and cashback deals across a wide range of products. The sale, which runs from January 16 to 26, 2025, is available in-store, online at Croma’s website, and on Tata Neu.

MUMBAI: Avir Tiwari's wallet was so full that it couldn’t take it anymore. For the six-month-old boy, it wasn’t particularly a bad situation.

The NSE Nifty index traded 76.91 points up at 23232.25, while BSE Sensex was 234.69 points at 76639.68 as of 10:50AM(IST)on January 23.

NMDC Ltd.(up 4.24%), Ashapura Minechem Ltd.(up 2.16%), MOIL Ltd.(up 1.51%), Lexus Granito(India)Ltd.(up 1.27%), Coal India Ltd.(up 1.26%), Aro Granite Industries Ltd.(up 0.88%), KIOCL Ltd.(up 0.84%), Madhav Marbles & Granites Ltd.(up 0.64%), Gujarat Mineral Development Corporation Ltd.(up 0.61%) and Sandur Manganese & Iron Ores Ltd.(up 0.18%) were among the top gainers.

SRF Ltd. traded 3.29 per cent up at Rs 2605.00 at around 10:39AM (IST) on Thursday. The stock had closed at Rs 2521.80 in the previous session. Equity benchmark Sensex traded 228.06 points at 76633.05 around the same time.

Mangesh Bhadang, Senior VP, Centrum Broking, says December has seen substantial cement price hikes in the non-trade segment. There have been some hikes in the trade segment as well. That is going to have a very positive effect on the realisation of cement companies. So far, the higher prices have sustained and have been absorbed in the market. So, Q4 could be a bumper quarter after a long time for the cement sector. What do you make of the earnings that we have till now because overall in the last couple of months or so, we have seen a lot of these upgrades and positive notes flowing in on the cement counters where hopes were pinning on some of the price hike stability. Other than that, the realisation expectation was positive. But given the earnings disappointment, do you feel that the most of the disappointment in Q3 is already priced in and the analysts are now looking for the way forward in terms of better realisation and pricing? Mangesh Bhadang: As you rightly said, anyway we were expecting that Q3 will not be a blockbuster quarter, but because Q2 had been so weak, sequential improvement could definitely be there. Out of the cement results that have been declared, Dalmia Bharat probably was the right comparable to look at for the industry wide points that we can take out.

preterm C-sections to beat the February 20 deadline for birthright citizenship, Times of India's Amisha Rajani has reported.

buy call on Zomato with a target price of Rs 270. The current market price of Zomato is Rs 207.95. Zomato., incorporated in 2010, is a Small Cap company with a market cap of Rs 200872.05 crore, operating in Services sector. Zomato's key products/revenue segments include Service Revenue, Royalty Income, Traded Goods for the year ending 31-Mar-2024.

Bharat Petroleum Corporation Ltd (BPCL) reported a 20% year-on-year (YoY) increase in net profit for the December quarter, driven by higher margins. The company posted a consolidated net profit of Rs 3,805.94 crore for the October-December period of FY24, compared to Rs 3,181.42 crore in the same period last year. However, this was below Street estimates of Rs 5,200 crore.

Subscribe to enjoy similar stories. Class time has become screen time in American schools. Kindergartners now watch math lessons on YouTube, counting aloud with the videos.

Subscribe to enjoy similar stories. Companies are squeezing every efficiency out of their teams. More of them now figure the least they can do is give employees “unlimited" paid time off.

Subscribe to enjoy similar stories. The importance of succession planning, whether in the context of corporate leadership or governance roles, cannot be over-emphasized. For business operations, the value of having a plan in place is well understood by now.

artificial intelligence spending. Shares in Japan started the day higher but benchmarks in Australia and Korea slipped. The MSCI Asia Pacific index was flat. The tepid open for Asian markets came after the S&P 500 rose 0.6% on Wednesday, putting the index close to an all-time high.

OTTAWA — While U.S. President Donald Trump‘s threat to impose tariffs on Canada is alarming enough, other measures he announced Monday after his inauguration could have their own implications for Canada.

Amazon Canada says it will close all seven of its Quebec warehouses and lay off staff over the next two months.

Amazon.com Inc. announced on Wednesday that it will close all its Quebec warehouses and lay off about 1,700 full-time employees — a move the union representing workers at the e-commerce behemoth’s only unionized Canadian facility called a “slap in the face for all workers in Quebec.”

HDB Financial Services, the non-bank arm of HDFC Bank, said its net profit fell 27% to ₹470 crore in the quarter ending December 2024 from ₹640 crore a year ago due to higher provisions and a rise in financing costs reflecting higher funding costs. Financing costs increased 31% year-on-year to ₹1,645 crore during the quarter. Provisions on bad loans increased to ₹636 crore from ₹283 crore a year ago as the bank sought cover for rising non-performing assets (NPAs). Net interest margin (NIM) dropped to 7.5% from 7.7% a year ago.

Gokaldas Exports (GEL) voted against four special resolutions related to the company's employee stock ownership plans (ESOPs), including a proposal to grant ESOPs exceeding 1% of equity to its managing director and vice chairperson Sivaramakrishnan Ganapathi. Although 63% of participating shareholders supported the resolutions, 37% voted against them. As these were special resolutions, they required at least three times more votes in favour than against to pass, which was not achieved.