UPS Financial News
03.01 / 05:11
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cricket
Sporting
athletics
From startup founders to athletes: How India’s angel investor landscape is evolving beyond wealthy individuals
Subscribe to enjoy similar stories. Sport stars, actors and young professionals are edging their way into angel investment territory as big-name founders in India’s startup ecosystem go easy on funding. The top three angel investors of 2023 reduced their investments in 2024, reflecting a pullback in angel funding to Indian startups.
03.01 / 05:01
UPS
Provident
Analysis
Sustainability
Trade
Experts
reports
PFC, REC shares rally up to 3% after Emkay initiates coverage with up to 31% upside
PSU power financiers REC Ltd and PFC rallied 2.8% on Friday after domestic brokerage firm Emkay Global initiated coverage on the two stocks saying that the controlled upcycle in power capex and lending is here to stay, and both players provide the optimal path to ride it. PFC shares rallied 2.8% to Rs 472.40 on BSE while REC share price also rose 2.8% to Rs 533.55 on the stock exchange.
03.01 / 05:01
markets
UPS
Analysis
Trade
Experts
reports
YES Bank’s Q3 advances grow 12.6% to Rs 2.45 lakh crore, deposits up 14.6%
Yes Bank on Friday said its loans and advances rose by 12.6% year-on-year (YoY) to Rs 2,45,035 crore as of December 31, 2024, from Rs 2,17,523 crore in the previous corresponding year. Quarter-on-quarter (QoQ), loans grew by 4.2% from Rs 2,35,117 crore on September 30, 2024. Deposits grew by 14.6% on a YoY basis to Rs 2,77,199 crore from Rs 2,41,831 crore a year ago. On a QoQ basis, deposits remained flat, compared to Rs 2,77,214 crore at the end of September 2024.
03.01 / 05:01
markets
UPS
Gap
Analysis
trends
Trade
Experts
REC stock price 1.01 per cent as Sensex
REC Ltd. 1.01 per cent to Rs 524.35 at 10:21AM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 203,550 shares with a turnover of Rs 10.73 crore till 10:21AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 9.26, while the price-to-book value ratio stood at 1.73.
03.01 / 04:15
markets
UPS
Analysis
Nestle
Trade
Experts
Sensex falls over 350 pts, Nifty below 24,150; IT, bank stocks drag
Sensex and Nifty 50 opened marginally lower on Friday, dragged down by index heavyweights Infosys, TCS, and ICICI Bank. The BSE Sensex was trading 366.23 points, or 0.46%, lower at 79,577.48. The Nifty50 was down 19 points, or 0.23%, trading at 24,169 around 9:35 am.
03.01 / 04:15
Blockchain
UPS
Digital
security
Analysis
Trade
Bitcoin
Crypto bros need to temper their hopes for 2025: Andy Mukherjee
Crypto bros are heading into 2025 with great expectations. For the $135 million they have donated to President-elect Donald Trump and dozens of successful congressional campaigns, they want unhindered access to the global banking system and an end to lawsuits against the industry by the Securities and Exchange Commission. A strategic US reserve dedicated to Bitcoin will be the icing on their cake. Don’t be surprised, however, if the actual outcome turns out to be less than a libertarian feast.
03.01 / 03:11
COST
UPS
Waves
Booking
Celebrity
travelers
Features
It’s the time for cruise deals. Here’s how to maximise your trip.
Subscribe to enjoy similar stories. Looking to save money on a getaway in 2025? You may want to hit the deck. The beginning of the year is generally the best time to book a cruise vacation, thanks to the promotions different cruise lines offer during what cruise veterans call wave season.
03.01 / 03:11
UPS
Man
performer
hospital
gatherings
Lounge Fiction Special: Gas
Subscribe to enjoy similar stories. On Sunday mornings Da liked to ring up other married men and interrogate them. Enthado? Palli poyo? What man? Went for church? In response to whatever they said he would tch-tch like a lizard and announce, Sheyy! Just now we returned.
03.01 / 02:51
03.01 / 01:37
03.01 / 01:37
markets
UPS
BLOCK
Digital
President
Courts
US appeals court blocks Biden administration effort to restore net-neutrality rules
net neutrality rules. The decision is a blow to the outgoing Biden administration that had made restoring the open internet rules a priority. President Joe Biden signed a 2021 executive order encouraging the FCC to reinstate the rules.
03.01 / 01:13
markets
UPS
Analysis
Research
trends
Trade
cover
Local indices hit Bull's Aye! 2% bounce best in 6 weeks
Indian equity indices on Thursday outperformed most Asian gauges to surge nearly 2%, logging their biggest single-day gains in six weeks, as steep climbs in Bajaj Finserv and Bajaj Finance and several oversold automobile shares compelled traders to cover their bearish bets. «The December auto sales numbers were a positive surprise and were ahead of expectations in some pockets, leading to a short covering, and that pushed the markets higher today,» said Pankaj Pandey, head of research at ICICI Direct.
03.01 / 01:13
markets
UPS
Man
Tesla
show
Investigations
Soldier shot self in head before Cybertruck exploded outside Trump's Las Vegas hotel, officials say
Donald Trump's Las Vegas hotel shot himself in the head before the explosion and likely planned to cause more damage but the steel-sided vehicle absorbed much of the force from the rudimentary explosive, officials said Thursday.
03.01 / 01:13
markets
UPS
Citi
Election
information
prevention
Nearly 200 ballots went uncounted in Wisconsin, officials want to know why
Wisconsin Elections Commission voted unanimously to investigate whether Madison City Clerk Maribeth Wetzel-Biehl failed to comply with state law or abused her discretion. Commission members said they were concerned the clerk's office didn't inform them of the problem until late December, almost a month and a half after the election. Commission Chair Ann Jacobs certified Wisconsin's election results on November 29.
03.01 / 00:51
UPS
Booking
Adventure
isolate
travelers
Traffic
Hotels, travel companies expect domestic tourism to surge in hill stations this winter
Subscribe to enjoy similar stories. As the Republic Day weekend nears,executives at The Khyber Himalayan Resort & Spa, 8,825 feet above sea level in Gulmarg, are preparing for a huge rush of tourists. After a disappointing winter at the start of 2024, the hotel expects to see most of its regular rooms sold out for the weekend, with only a handful of suites, priced at ₹3-7 lakh a night, likely to remain unavailable.
03.01 / 00:17
markets
UPS
Manufacturing
Southern
Food
Interviews
Heritage Foods eyes expansion, launch of more value-added dairy products
Subscribe to enjoy similar stories. New Delhi: Heritage Foods plans to expand beyond South India, where it draws the bulk of its revenue from, and launch more value-added dairy products as demand for such items grows, a top official of the Hyderabad-based dairy company said. “Our core markets are the Telugu-speaking states.
03.01 / 00:13
markets
UPS
Pool
social
information
reports
A Capitalist Hug for Maoists by Lloyd Metals and Energy
Subscribe to enjoy similar stories. Mumbai: Maoist-troubled Gadchiroli in Maharashtra is not the easiest of places to do business. Chandrapur-headquartered Lloyd Metals and Energy, one of the few companies to venture into the region with an iron ore mine in 2021, has done so with a great degree of success.
02.01 / 22:31
markets
UPS
Platform
Warner Bros
show
stars
Features
Shining Vale: All we know about where to watch, cast and crew
Starz canceled Shining Vale and removed it from its platform, the show is now available for streaming on Max. The horror-comedy series, starring Courteney Cox and Greg Kinnear, can be watched once again.
02.01 / 22:31
02.01 / 22:31
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