UPS Financial News

IndiaMart Intermesh on Tuesday reported a 36% jump in its consolidated net profit for the quarter ended December 31, 2024, to Rs 125 crore versus Rs 92 crore posted in the year- ago period. The Q3FY25 revenue from operations stood at Rs 337 crore, a growth of 16% versus Rs 291 crore in the corresponding quarter of the previous financial year. On a sequential basis, the revenue was up 1.6% versus Rs 332 crore reported in the July-September quarter. Meanwhile, profit after tax (PAT) fell 1.6% over Rs 127 crore reported in Q2FY25.

Yogi Adityanath will chair, will be attended by UP government’s all 54 ministers. Several schemes and proposals for the state’s development will be approved at the meeting.

Dozens of major Japanese companies have pulled their commercials from broadcaster Fuji Television amid allegations company officials tried to cover up a sex scandal involving one of the country’s most famous TV hosts

According to a Freedom of Information (FOI) request published on Friday (17 January), the ONS revealed it has spent around £10.1m a year since 2021-22 to set up, develop and test the Transformed LFS, with the estimated cumulative cost reaching £40.4m across four years. Treasury Committee takes aim at ONS on labour force data The £10.1m accounts for around 2% of the agency's gross expenditure over the period. However, according to a different FOI request in March 2024, the cost for the Transformed LFS was estimated to be £8m a year, reaching a total of £24.1m between the 2021-22 fin...

At the same time, the estimated number of payrolled employees fell by 32,000 between October and November 2024, although was up 95,000 from a year prior. Cost of Labour Force Survey revamp nearly doubles in a year to £40.4m In the three months to November, however, the number of payrolled employees decreased by 11,000, while the number of vacancies dropped 24,000 in the last quarter of the year to 812,000. Richard Carter, head of fixed interest research at Quilter Cheviot, argued that even though the UK labour market had been holding «relatively steady» as it faced many economic he...

Venue : Bellerive Oval, Hobart Hobart Hurricanes squad - Caleb Jewell, Charlie Wakim, Chris Jordan, Mitchell Owen, Nikhil Chaudhary, Tim David, Ben McDermott, Jake Doran, Matthew Wade, Cameron Gannon, Nathan Ellis, Patrick Dooley, Peter Hatzoglou, Riley Meredith Sydney Sixers squad - Jordan Silk, Kurtis Patterson, Lachlan Hearne, Moises Henriques, Hayden Kerr, Jack Edwards, Joel Davies, Josh Philippe, Lachlan Shaw, Ben Dwarshuis, Benjamin Manenti, Jafer Chohan, Mitchell Perry Hobart Hurricanes vs Sydney Sixers Live Score: FOUR! Crunched through the gap! Hobart Hurricanes vs Sydney Sixers Live Score: SIX! Straight and long enough! Floated up on a fuller length, wide outside off, Owen uses those long levers to fetch the ball and lift it high and over long off for a biggie. That was nowhere near the middle of the bat.

Jio Financial Services on Tuesday announced that its joint venture with global asset management giant BlackRock, Jio BlackRock Investment Advisers Private Ltd, has incorporated a wholly owned subsidiary named Jio BlackRock Broking Private Ltd to enter the broking business, subject to regulatory approvals. The announcement was made in an exchange filing to the bourses. The new subsidiary, formed on January 20, aims to provide broking services, Jio Financial Services said.

Newgen Software Technologies slid by 17% to an intraday low of Rs 1294.6 on the BSE despite posting healthy Q3 numbers. The company’s profit after tax (PAT) stood at Rs 89 crore during the third quarter ended December 2024, which was up 30% YoY compared to Rs 68 crore in Q3FY24. Further, the revenue from operations witnessed a growth of 18% YoY, reaching Rs 381 crore.

Canara Bank traded 1.08 per cent up at Rs 100.00 at around 01:17PM (IST) on Tuesday. The stock had closed at Rs 101.10 in the previous session. Equity benchmark Sensex traded 477.95 points at 76595.49 around the same time.

«I think investors are beginning to understand that there are cheaper alternatives which give them similar growth profile, similar earnings growth profile in the medium term but available at far lower valuations,» says Manishi Raychaudhuri, Veteran Investor In Asian Equities. They say that if you are a long-term bull, ETF is the best and the cheapest way to go. So, I am just keeping it very, very, very simple. But your clients would say okay we know that already. Tell us what we do not know. So, what are you telling your clients, your prospective clients that what they do not know in terms of the market links, connections, and valuations? Manishi Raychaudhuri: Well, in the near term I am perhaps telling them not to invest in India, not even in the ETFs. In case you are looking for a parking space for your money, gold is a good alternative. Gold ETFs are what I am doing personally. So, yes, I will elaborate on all these things.

Subscribe to enjoy similar stories. The stock market is possibly teaching new and old investors some old investing lessons all over again. The Nifty 500 Total Returns Index, a good representation of the overall Indian stock market, has fallen 11.3% since peaking on 26 September.

Subscribe to enjoy similar stories. A burgeoning appetite for global diversification is driving Indian investors beyond domestic shores. Driven by a combination of technological advancements, a more permissive regulatory landscape, and the allure of higher returns, Indian capital is increasingly flowing into foreign markets.

Dominican Republic, according to his family, one week after they say his skull was cracked in what his mother alleges was an assault in a bar at the resort they were staying at.“I just want to get back to Canada as soon as possible with him,” Cindy Rowan told Global News on Friday while speaking about the ordeal facing her son Chase Delorme-Rowan.On Monday, Rowan said her son remains in hospital and is still not able to be flown back to Edmonton where he and his family live, so she has rented a room near the hospital so she can be by his side.Rowan said she gave Chase, 18, and his two siblings permission to go to a bar on the resort on Tuesday since they were all of age.“I thought it was a safe place so I let them go,” she explained.Rowan said she received a phone call just after midnight that something was wrong with her son.She asked his brothers to bring him back to the room but she soon realized the severity of the situation.“My son’s like, ‘Mum, there’s something seriously wrong with Chase… He’s not waking up, there’s blood coming out of his mouth.’ And I’m like, ‘What? What do you mean?'”Rowan said she and her husband ran to the bar and arrived at the same time as an ambulance to see her son in distress and a number of panicked people looking on.She said her son had to wait to get surgery once he arrived at the hospital because the staff there were trying to confirm his insurance would cover any help he required.“They removed a blood clot the size of a grapefruit from his skull,” Rowan recalled.

Canadians are watching their finances for any impacts as President Donald Trump takes back the reins of government in the United States.

Donald Trump and First Lady Melania at the inauguration ceremony.

Subscribe to enjoy similar stories. I’ve had a love-hate relationship with electric toothbrushes since I first acquired one during the pandemic in the US. It was a basic Oral-B Pro 1000 Rechargeable electric toothbrush, which cost about $50 (approximately ₹4,200).

Xi Jinping once looked supreme, unimpeachable and irreproachable. He was perched high upon a pedestal he and the Chinese Communist Party (CCP) erected after he became supremo in 2012.

buy call on Reliance Industries with a target price of Rs 1,600. The current market price of Reliance Industries is Rs 1306.6. Reliance Industries, incorporated in 1973, is a Large Cap company with a market cap of Rs 1770034.38 crore, operating in the Diversified sector. Reliance Industries' key products/revenue segments include Petrochemicals, Other Services, Oil & Gas, Others and Income from Retailing for the year ending 31-Mar-2024.

Pashupati Advani, Founder, Global Foray, says the Q-comm space is getting bigger because new players are coming in. The moat is there, but not big enough that people cannot approach it. The quick commerce business is supposedly the new play and Blinkit is very strong in that space. Advani does not know what is going to happen, but it is going to be a bit of slugging, a bit of loss. There was no chance that Zomato would continue to chug along at this kind of pace. Of course, there seems to be a one-time adjustment right now, maybe it was on account that ticketing businesses of Paytm that they acquired. I guess with structural stories like Zomato, it is a factor of how much you want to pay for the business, it is all about valuations. Pashupati Advani: I think Zomato has built a moat, but I do not know if the moat is big enough because there have been a whole bunch of new players that are trying to get in and using price, they are taking away, they are chiselling away some of the market share. As they say, the jury is out. We do not know what is going to happen finally. But this space is here to stay. They are getting more efficient. China has been doing 30-minute deliveries. Probably before Covid they were doing it. So, there is no reason why we cannot do 30-minute deliveries on everything. Zomato is definitely a big player and it is here to be in this space.