UPS Financial News

HDFC Bank, M&M, and Infosys were offset by losses in Reliance Industries and Bharti Airtel. The BSE Sensex was trading 14 points, or 0.02%, lower at 79,992. The Nifty50 was down 18 points, or 0.08%, trading at 24,175 around 9:25 am.

Anand Rathi has a buy call on Astral with a target price of Rs 2,666. The current market price of Astral is Rs 1,805. Astral, incorporated in 1996, is a Mid Cap company with a market cap of Rs 48387.78 crore, operating in the Plastics sector. Astral's key products/revenue segments include Plastic Products and Other Operating Revenue for the year ending 31-Mar-2024.

privacy of mobile users amid ambiguity around the nature of consumer data that can be sought by the Centre, senior telecom executives and legal experts said. They added that the new rules could also throw up implementation challenges as the mandated six-hour timeline to report cybersecurity incidents to the government is a fraction of the time allowed under comparable laws in the US and the European Union (EU). Leading corporate lawyers, who work closely with India’s top telcos, have flagged concerns around the privacy of consumers of mobile services, saying the notified cybersecurity rules—which empower the government to demand traffic data from telcos—have neither defined ‘traffic data’ nor specified any limitation on the duration for which such data can be stored. This ambiguity in the new rules, they warned, potentially allows private consumer data to be retained indefinitely without any legal or procedural constraints.

Canadian officials are blasting President-elect Donald’s Trump’s threat to impose sweeping tariffs

A ransomware attack that hit a major software provider last week caused disruptions for a handful of companies over recent days, from Starbucks to U.K. grocery giant Morrisons

Subscribe to enjoy similar stories. Executives at Zeiss SMT, which makes indispensable components to build the world’s most powerful semiconductors, got some troubling news last fall. Headhunters from Huawei Technologies, the Chinese tech firm, were trying to poach its employees.

The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices

Atlantic City is finally getting a beach replenishment project that casinos say is essential for visitors who have had precious little space to spread their towels for two sand-starved summers

U.S. stocks closed at more records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street

It’s almost that time of year

Law enforcement officials say they have broken up a shoplifting ring that stole nearly $2 million in merchandise from well-known stores and resold the items in New York City as well as in the Dominican Republic

Subscribe to enjoy similar stories. Even as revenue growth for companies in India has reduced its pace to a canter, royalty payments sent abroad by several Indian offshoots of multinational companies (MNCs) are galloping ahead. In several cases noted by market regulator Sebi, royalty payments exceed dividends.

Subscribe to enjoy similar stories. The stiff duties that President-elect Donald Trump threatened against the U.S.’s neighbors and big trading partners, along with the additional tariffs he promised against China, could raise prices for Americans on everything from fresh fruit from Mexico to lumber from Canada and Chinese electronics. Import-reliant businesses—especially automobile manufacturers—could face significantly higher costs that they would then pass on to consumers.

A nationwide shutdown of Canada Post is set to have major implications for the biggest shopping weekend of the year, experts warn.

Notorious killer and rapist Paul Bernardo has been denied parole for a third time after the families of his victims made an emotional plea to the Parole Board of Canada on Tuesday to keep him behind bars.

Subscribe to enjoy similar stories. Investors exiting India have net-sold over ₹2 trillion worth of shares this fiscal, setting the stage for what could be the worst year for foreign portfolio outflows on NSE's secondary market. As US bond yields rose and quarterly earnings disappointed amid lofty valuations, foreign institutional investors (FIIs) net-sold a record ₹1.17 trillion in the secondary market in NSE's cash segment in October.

Subscribe to enjoy similar stories. Zepto is well on its way to touch annualized sales of $3 billion in the next month or two, Aadit Palicha, Zepto co-founder and chief executive, told Mint, underscoring the firm’s potential for rapid growth that has attracted investors from around the world. Zepto’s dark stores are turning profitable at a faster pace as the firm is adding newer categories with a higher average order value, which is adding to its bottom line.

Subscribe to enjoy similar stories. Since its debut on Dalal Street three years ago, Paytm has been battling several challenges. There were high expectations that its initial public offering (IPO), which raised ₹18,300 crore, would lead to a blockbuster listing.

Top-ranking company that works with credit card debt

The «bitcoin $100,000» price milestone has proven elusive. Some analysts are are blaming skittish investors taking profits as companies continue to purchase the crypto asset.