UPS Financial News
20.01 / 13:19
markets
UPS
Food
PepsiCo
wellness
Experts
reports
Kuchh namkeen ho jaaye: Crunch time in FMCG sector
FMCG sector. Indian snacks accounted for 49% of total salty snacks sales in 2021-22 as well as 2022-23. In 2023-24 too, value sales of namkeen matched those of western munchies such as potato wafers and finger sticks during 2023-24 too, ET had reported last year in July. In terms of volume, traditional snacks account for nearly 56% of the overall market. Products such as bhujia, dal, chivra, chanachur and fried nuts accounted for half the salty snacks sales of about Rs 50,800 crore during the financial year 2023-24, with both overseas and domestic companies pushing namkeen in the hinterlands, industry executives, citing NielsenIQ data, had told ET last year.
20.01 / 11:23
COST
UPS
Metro
show
prevention
Metro Brands had a decent Q3 but remains in the slow growth lane
Subscribe to enjoy similar stories. Metro Brands Ltd’s results for the quarter ending December (Q3FY25) showed a decent improvement on some counts. For instance, while revenue per square foot continued to drop year-on-year, the 1% decline was the slowest in the past seven quarters.
20.01 / 11:23
UPS
Waters
wellness
DISH
beautiful
Recipes to celebrate the heartiness of white beans
Subscribe to enjoy similar stories. Bean varieties are staggering, and their nomenclature can be confusing. For example, white beans are also called navy beans—a term not related to the colour navy but because the US Navy served these beans to their sailors since the mid-1800s.
20.01 / 11:11
20.01 / 10:25
UPS
Action
Interface
Experts
2020
Department
How the upcoming budget can reduce pending tax appeals, ease financial burden on small taxpayers
Subscribe to enjoy similar stories. The government’s efforts to reduce tax-dispute litigation, especially for small taxpayers, have fallen short even after measures proposed in the previous four budgets. Some of these measures include faceless assessment schemes, Vivad Se Vishwas, appointment of joint commissioners at base appellate level for small-value appeals, and reduced timelines for reopening of past assessments.
20.01 / 10:23
20.01 / 10:23
markets
UPS
Analysis
Food
Trade
Experts
reports
Zomato Q3 Results: Cons PAT falls 57% YoY to Rs 59 crore, revenue surges 64%
Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 crore versus Rs 138 crore reported in the year ago period. The revenue from operations in Q3FY25 stood at Rs 5,405 crore, which was up by 64% over Rs 3,288 crore in the corresponding quarter of the previous financial year. On a sequential basis, the profit after tax (PAT) was down by 66% over Rs 176 crore reported in Q2FY25.
20.01 / 10:23
20.01 / 10:23
20.01 / 09:47
UPS
CEO
Platform
poverty
Diversity
Equality
rights
Why does ‘Make the world a better place’ sound so outdated as a corporate mission?
Subscribe to enjoy similar stories. Not so long ago, Mark Zuckerberg [seemed to want] the public to view him not just as an empire builder, but also as a world-saver. Meta Platforms’ CEO publicly committed parts of his vast fortune to causes like immigration reform and voter access.
20.01 / 09:11
markets
UPS
Gap
Analysis
Trade
Experts
reports
Voltas shares 3.1% as Sensex rises
Voltas Ltd. 3.1 per cent to Rs 1546.75 in Monday's session as of 02:10PM (IST) even as the equity benchmark Sensex traded 541.3 points at 77160.63. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 1946.20 and a 52-week low of Rs 989.35 on NSE. Around 27199 shares changed hands on the counter till 02:10PM (IST).
20.01 / 09:11
UPS
WhatsApp
reports
IRFC Q3 Results: Net profit gains 2% YoY to Rs 1,631 crore, revenue flat
Indian Railway Finance Corporation (IRFC) on Monday said that its net profit jumped nearly 2% year-over-year (YoY) to Rs 1,630.66 crore for the third quarter ended December 2024, compared to a profit of Rs 1,598.93 crore in the previous corresponding quarter of last year. The revenue from operations for the quarter stood at Rs 6,763.43 crore, up 0.4% from Rs 6,736.57 crore reported in the same quarter last year.
20.01 / 09:11
markets
UPS
Gap
Analysis
Trade
Experts
reports
Indian Hotels shares 2.93% as Sensex rises
Indian Hotels Company Ltd. 2.93 per cent to Rs 789.90 in Monday's session as of 02:15PM (IST) even as the equity benchmark Sensex traded 564.84 points at 77184.17. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 894.15 and a 52-week low of Rs 450.55 on NSE. Around 240865 shares changed hands on the counter till 02:15PM (IST).
20.01 / 09:11
20.01 / 09:09
UPS
Landmark
Action
Justice
prevention
Courts
International
India should re-imagine the National Green Tribunal for better outcomes
Subscribe to enjoy similar stories. In recent years, several grievances have been filed against the National Green Tribunal (NGT) in the Supreme Court, claiming that it has overstepped its jurisdiction. Consequently, the apex court has instructed the NGT to review its orders.
20.01 / 08:51
20.01 / 08:01
markets
UPS
Action
economy
Trade
President
country
Trump’s second presidency signals the end of the Washington Consensus
Subscribe to enjoy similar stories. The second US presidency of Donald Trump will be the most consequential for any president after World War II. This assessment, shared by many analysts, is best articulated by conservative columnist David Brooks.
20.01 / 08:01
UPS
Aviat
Airlines
Destinations
rowing
budget 2025
Budget 2025: Will India’s aviation sector fly higher?
Subscribe to enjoy similar stories. New Delhi: India's aviation sector is growing rapidly, this is evident from record breaking domestic passenger movement and pending delivery of over 1000 aircraft to Indian airlines. In November 2024, for the first time ever the daily domestic passenger numbers crossed 5 lakh mark.
20.01 / 06:39
markets
UPS
Provident
ETF
Platform
security
Trade
Your guide to investing in the US and global stocks through the Liberalized Remittance Scheme
Imagine a day without Google, an Uber ride, WhatsApp, or even spreadsheets at work. Picture an evening without Instagram memes or relaxing on a weekend without Netflix. It seems almost unfathomable, doesn’t it? These platforms have woven themselves deeply into our daily lives, serving billions globally. So, why not seize the opportunity to invest in the companies that power these experiences?
20.01 / 06:09
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