UPS Financial News
22.01 / 16:17
UPS
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Analysis
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rights
Pidilite Industries Q3 Results: Profit rises 9% to Rs 557 crore, revenue up 8%
Revenue from operations for the third quarter stood at Rs 3,368.91 crore, up about 8% from Rs 3129.99 crore in the same period year ago.
22.01 / 15:57
UPS
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prevention
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Relationships
Pune court temporarily blocks termination of trademark pacts in Kirloskar dispute
Subscribe to enjoy similar stories. A Pune district court has temporarily restrained Kirloskar Proprietary Ltd (KPL) from terminating its trademark licence and user agreements with Kirloskar Brothers Ltd (KBL). The court's decision, made on 9 January, came in response to KBL's application in an ongoing civil suit regarding the ownership and use of trademarks associated with the Kirloskar Group.
22.01 / 15:47
22.01 / 15:47
UPS
Aviat
Airlines
Trade
President
information
NITMA appeals to PM Modi to stop under-invoiced imports of synthetic knitted fabrics
Northern India Textile Mills’ Association (NITMA) has appealed to Prime Minister Narendra Modi to stop under-invoiced imports of synthetic knitted fabrics that are causing irreversible damage to the domestic textile industry. According to the association, this has led to a loss of over Rs 10,000 ccore to the exchequer by evading both direct and indirect taxes.
22.01 / 15:21
markets
UPS
Strategy
Hyundai
wellness
PAM
Tata Motors looks to local battery play as EV competition rises
Tata Motors, India's biggest electric car maker, is betting that locally manufactured EV batteries will help it maintain its edge in an industry where competition is intensifying with new launches, its group CFO said in an interview.
22.01 / 14:05
22.01 / 13:01
markets
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wellness
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Cycling
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budget 2025
Budget 2025 wishlist: Parity between debt and equity taxation
Subscribe to enjoy similar stories. There was a hue and cry after the Union Budget 2024-25 as the Centre increased the long-term capital gains (LTCG) tax on equity from 10% to 12.5%. However, since April 2023, the benefit of indexation has been taken away from debt-oriented mutual funds (MFs), and it is taxable at marginal slab rate (MSR).
22.01 / 12:23
UPS
Fighting
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community
Refugees
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Department
Trump targets Alaska's oil and other resources as environmentalists gear up for a fight
Alaska's political leaders are cheering an expansive executive order signed by President Donald Trump that aims to boost oil and gas drilling, mining and logging in the state
22.01 / 11:53
UPS
Fighting
Food
War
Inside
Aid is rushing into Gaza while the cease-fire holds
Subscribe to enjoy similar stories. Humanitarian supplies are pouring into the Gaza Strip at an unprecedented rate, as foreign governments and aid groups race during a pause in the fighting to bring much needed relief to the beleaguered population. The flows enabled by the cease-fire deal that went into effect Sunday morning are exceeding the 600 trucks a day called for in the agreement.
22.01 / 11:31
markets
UPS
Manufacturing
Strategy
Food
Trade
Reliance Consumer Products acquires SIL brand; plans to compete with HUL, Cremica & Tata
Reliance Consumer Products (RCPL) on Wednesday acquired packaged foods brand SIL, with a portfolio of products such as cooking pastes, jams, mayonnaise, baked beans and Chinese sauces.
22.01 / 11:31
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WhatsApp
electronic
Updates
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 130.7 points up at 23155.35, while BSE Sensex ended 566.63 points at 76404.99.
22.01 / 10:05
UPS
Man
Software
economy
information
Computers unleashed economic growth. Will artificial intelligence?
Subscribe to enjoy similar stories. Almost two years have passed since OpenAI released GPT-3.5 to great fanfare. Bill Gates, co-founder of Microsoft, compared the technology’s arrival to his first encounter with the graphical user interface—a breakthrough that reshaped personal computing—in the 1980s.
22.01 / 10:05
UPS
Digital
Citizens
Interface
Features
peace
UPI Circle lets you make payments for friends and family. Here's how it works.
Subscribe to enjoy similar stories. For S Anand, managing household expenses for her ageing parents had always been a challenge. Her father, a senior citizen, often hesitated to make digital payments himself, worried about entering incorrect details or navigating complex UPI interfaces.
22.01 / 09:55
markets
UPS
Provident
Digital
Strategy
innovations
budget 2025
Budget 2025 can unlock new opportunities for insurance sector. What about 100% FDI?
India Budget: The Indian insurance sector is at the cusp of a new growth trajectory that needs policy intervention by the government. The Union budget will provide an excellent opportunity to pump up the insurance sector, which is expecting a reduction in GST rates — to make health and term insurance more affordable, an increase of tax exemption to encourage people for buying insurance policies that would ultimately provide security, long-term capital and ease the inflationary effects on individual tax payers.
22.01 / 09:55
markets
UPS
Booking
Election
wellness
President
How a self-help guru made Donald Trump successful
Norman Vincent Peale, an American clergyman who wrote a bestselling self-help book that revolutionised how Americans perceived themselves, their society and government — faith and self-confidence can make individuals as well as the nation affluent. 'The Power of Positive Thinking', published in 1952, right after Americans had emerged out of the Great Depression, rivalled the sales of the Bible in its initial years and has been a perennial bestseller. Peale's philosophy of paring religious belief with self-belief encouraged people to get successful by correcting their attitude through prayer, visualisation and self-motivation. "“Formulate and stamp indelibly on your mind a mental picture of yourself as succeeding. Hold this picture tenaciously. Never permit it to fade. Your mind will seek to develop the picture… Do not build up obstacles in your imagination,” Peale wrote.
22.01 / 09:55
22.01 / 09:43
UPS
UK borrowing hits highest December level for four years at £17.8bn
Borrowing, defined as the difference between public sector spending and income, came in higher than the £14.1bn expected, and represented the highest level of borrowing in December for four years, according to data from the Office for National Statistics. As a result, the current budget deficit reached its highest December figure for two years at £10bn, up from £2.7bn in December a year prior. Jessica Barnaby, deputy director for public sector finances at the ONS, said: «At almost £18bn, borrowing last month was the third highest in any December on record.» Analysts split over Re...
22.01 / 09:15
markets
UPS
Analysis
Research
trends
Trade
rights
IT, Pharma and Chemicals poised to benefit from weakening rupee: Varun Goel
Chemical sector again has been undergoing a downturn for almost three years and we expect demand to start recovering. So, broadly, as far as the exporters are concerned, we should be okay," says Varun Goel, Mirae Asset Investment Managers. What do you make of the market set up right now? Is it time to buy after the correction, especially in the broader markets or do you anticipate more pain? Varun Goel: If you look at the markets, we have corrected roughly 10% to 15% from the top that we saw in the month of September. If you look at the time duration also, last year in January, February, markets were at similar levels. So, we spent a year trading sideways with a good 10-15% correction. If we look at FY26 valuations, if we look at 1200 rupees EPS for Nifty 50, we are trading at around 19 times, which is let us say 5-7% more expensive than what is the 10-year average.
22.01 / 08:27
UPS
Merit
Discover
Death
War
Schools
A 53-year-old Harvard Business Review article could hold clues to India’s persistent business family feuds
Subscribe to enjoy similar stories. A contested will, family agreement, multiple HUFs and warring siblings, the ongoing feud between Babasaheb Kalyani and his sister Sugandha Hiremath at the $3 billion Kalyani group, has all the familiar ingredients of the boiling pot that is the Indian business family.
22.01 / 08:05
markets
UPS
Analysis
trends
Trade
show
rights
Nifty faces further downside after breaking key support levels: Rohit Srivastava
«The only factor that has been impacting us has been the rising dollar or rising bond yields, which saw some pullback into the Trump inauguration,» says Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts. We have seen, of course, India Vix rise sharply just ahead of the budget. The higher levels are getting sold into. Is it a very clear trend that it is going to be a lot more downwards versus in an upside movement for the market right now? Rohit Srivastava: One hope that we end up having every day because we have all become global watchers is that if US markets are going up, then our markets would also see some recovery. Now, that has sort of not been happening, not just recently, but I think since the top that we have made in October, we have sort of diverged from global markets altogether.
22.01 / 08:05
markets
UPS
Analysis
Trade
President
Experts
Oil slides further as investors eye Trump 2.0 policies; Brent crude hits $78.93/bbl
markets weighed U.S. President Donald Trump's declaration of a national energy emergency on his first day in office and eyed his tariff policies. Brent crude futures fell 36 cents, or 0.5%, to $78.93 per barrel at 0730 GMT. U.S. West Texas Intermediate crude futures dropped 46 cents, or 0.6%, at $75.37.
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