UPS Financial News
16.01 / 15:23
UPS
Saba pushes Herald up to a premium as it 'aggressively' buys up shares in bid to 'force through agenda' - analysts
US hedge fund Saba Capital had a 26% stake in the trust as of last Friday (10 January), but has now reached the shareholder 29.9% limit, according to data from Stifel. The activist investor launched a takeover campaign against HRI and six other trusts it has a major holding in at the end of last year, predicated on the complaint their boards failed to hold the investment managers accountable for the trusts' wide discounts to their respective net asset values, and therefore let clients down. Proxy voting advisers side with Herald board to vote against Saba Capital Saba's founder and...
16.01 / 15:23
markets
UPS
Strategy
wellness
bonds
fixed income
Register now for IW Fixed Income Market Focus event on 13 March
Speakers at our Focus event 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.
16.01 / 14:17
UPS
Fox
Pride
social
Interviews
Sporting
Ontario business struggles to keep up with demand for ‘Canada is not for sale’ caps
A local Ontario company responsible for the now-viral hat Doug Ford wore to a meeting with Canada’s Prime Minister and premiers to discuss Donald Trump’s tariff threat says the impact of Ford promoting its product has been “totally overwhelming.”
16.01 / 13:47
16.01 / 13:33
markets
UPS
Target
security
Research
reports
Adani-baiter Hindenburg Research shuts shop—“from a place of joy”
Subscribe to enjoy similar stories. Hindenburg Research which set off a firestorm in India with withering allegations against the Adani Group is being disbanded, marking the end of the American short-seller feared for successfully targeting dozens of corporations. Nathan Anderson, who founded the research firm seven years ago, announced the closure but did not specify a reason for the decision.
16.01 / 13:15
UPS
Provident
Digital
WhatsApp
Airtel Payments Bank sets up digital banking services at Maha Kumbh
Mela, Airtel Payments Bank has introduced digital banking services across the event grounds. The bank has set up 10 kiosks at key locations to provide essential banking facilities for both attendees and merchants.
16.01 / 13:15
16.01 / 13:15
16.01 / 13:15
markets
UPS
Provident
Cooper
Strategy
International
Power Finance Corporation signs 120 billion yen loan pact with Japan Bank for International Cooperation
PFC on Thursday said it has inked an agreement with Japan Bank for International Cooperation (JBIC) for 120 billion Japanese yen (around Rs 6,600 crore) loan facility. According to a PFC statement, under the agreement signed on Wednesday, JBIC will provide funding of JPY 72 billion, and the balance will be funded by commercial banks.
16.01 / 13:15
markets
UPS
Strategy
Justice
PAM
Courts
Will porn be banned in the U.S.? Will one have to input I.D. to view pornographic content? The Supreme Court is mulling ways to regulate it
The Supreme Court may soon significantly alter pornography's future. On Wednesday, the Supreme Court justices asked whether Texas' age verification law, which was designed to keep minors from accessing explicit content, hindered adults by comparing contemporary online pornographic content to brick-and-mortar pornographic stories and racy magazines.
16.01 / 11:53
UPS
Analysis
Trade
Experts
reports
LTIMindtree Q3 Results: Cons PAT falls 7% YoY to Rs 1,085 crore, revenue rises 7%
LTIMindtree on Thursday reported a 7.1% decline in its consolidated net profit for the quarter ended December 31, 2024, to Rs 1,085 crore versus Rs 1,169 crore posted in the year-ago period. The revenue from operations in Q3FY25 stood at Rs 9,661, witnessing a 7.1% gain over Rs 9,017 crore posted in the same period a year ago. On a sequential basis, the profit after tax (PAT) was down 13.2% versus Rs 1,251 reported in Q2FY25.
16.01 / 11:53
markets
UPS
Analysis
Food
Nestle
Trade
Experts
Stock market update: FMCG stocks up as market rises
Tasty Bite Eatables Ltd.(up 4.16%), Gopal Snacks Ltd.(up 4.03%), Sheetal Cool Products Ltd.(up 3.27%), JHS Svendgaard Laboratories Ltd.(up 2.91%), Euro India Fresh Foods Ltd.(up 2.89%), Varun Beverages Ltd.(up 2.54%), Parag Milk Foods Ltd.(up 2.25%), Godrej Consumer Products Ltd.(up 1.85%), Dangee Dums Ltd.(up 1.75%) and Honasa Consumer Ltd.(up 1.61%) stood among the top gainers.
16.01 / 11:53
16.01 / 11:53
16.01 / 11:53
UPS
Analysis
Research
Trade
Experts
rights
Sensex rises! These stocks rallied over 15% on BSE in today's trade
stocks rallied as much as 15% in Mumbai trading on Thursday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, 52 Weeks Entertainment(20.00%), Aeroflex Industries(20.00%), Mahindra EPC(20.00%), Brand Concepts(19.99%), DHP India(19.99%), Silverpoint Infratech(19.94%), G G Automotive Gears(19.78%), Bhartia Bachat(19.52%), Active Clothing Co(16.78%) and Ircon Intl.(16.03%).
16.01 / 11:39
16.01 / 11:39
markets
UPS
WhatsApp
Trade
electronic
Updates
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index ended the session 98.6 points up at 23311.8, while BSE Sensex 318.74 points to 77042.82.
16.01 / 11:39
markets
UPS
Analysis
Enterprise
Trade
Experts
Updates
Stock market update: Nifty Realty index 0.67%
Shares of Brigade Enterprises Ltd.(up 3.09 per cent), Godrej Properties Ltd.(up 2.47 per cent), Mahindra Lifespace Developers Ltd.(up 1.56 per cent), DLF Ltd.(up 0.83 per cent) and Prestige Estates Projects Ltd.(up 0.73 per cent) ended the day as top gainers in the pack.
16.01 / 11:39
16.01 / 11:39
markets
UPS
Digital
Strategy
PAM
country
Suzuki to leverage India as EV production hub; eyes growth in compact car segment
Suzuki Motor Corporation (SMC) will leverage India as a production hub, also for electric vehicles, Toshihiro Suzuki, Representative Director and President said, adding the company expects demand for electric cars to grow in the country bucking global trends and will introduce multiple products including compact affordable ones to strengthen its presence in the segment.
16.01 / 11:29
markets
UPS
Google
Mobile
Gemini
reports
Features
Google thinks it has the best AI tech. Now it needs more users.
Subscribe to enjoy similar stories. Sundar Pichai, Google’s chief executive, recently told employees he believes the company’s Gemini AI technology has surpassed the capabilities of competitors. Google’s chief executive thinks his company has the best artificial-intelligence technology on the market.
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