UPS Financial News

01.11 / 02:37
UPS Ball performer testing cricket bowling India vs. New Zealand: The decline of India's cricket stalwarts
Subscribe to enjoy similar stories. Muddled captaincy, wrong decisions, faulty selection, decline of stalwarts—it was a perfect storm that flattened India at home after a 12-year winning run. India’s Test series loss to New Zealand, going 2-0 down in Pune on 26 October, came after 18 consecutive home series wins.
01.11 / 02:37
markets UPS economy Nestle show stars Give urban spenders a nudge to spend
India's economy has been a shining star when it comes to growth. Even as IMF lowered expectations for the world, including China's, it bumped up India's. So, there's little debate about the direction of the economy.
01.11 / 02:37
markets UPS Digital PAM reports International Banks seek a ticket to RBI's LRS server
Reserve Bank of India (RBI) seeking integration with its Centralised Information Management System (CIMS) platform, aiming for real-time verification of limit utilisation under the Liberal Remittance Scheme (LRS), said people familiar with the development. Under the LRS, Indian citizens can remit up to $250,000 per financial year for various permissible transactions. The move can also fast-track the inclusion of international credit card spending under LRS regulations, the people said.
01.11 / 02:37
UPS Align Bill performer Olympics Sporting athletics Finally on the road to a sporting chance
GoI is finally focusing its attention to ensure national sports federations serve to promote their sport and athletes rather than become a hindrance. The draft National Sports Governance Bill 2024 focuses on building institutional capacity and governance standards for national sports federations. The aim is to build a modern, flexible and empowered sports administration aligned with Olympic and Paralympic charters. This was a much-needed regulatory intervention, considering the controversies over sexual harassment, favouritism, opaqueness and misgovernance that have dogged a range of federations.
01.11 / 02:19
UPS Citizens Celebrity 2020 Updates Delhi, NCR AQI Live Updates: Thin smog layer post-Diwali; AQI in THESE places inches close to ‘severe’
Delhi, NCR AQI Live Updates: The air quality in the national capital, Delhi, continues to be a concern as it remains in the ‘very poor’ category a day after the Diwali festivities.
01.11 / 01:25
markets UPS Digital Platform Strategy performer Cognizant Q3 profit up 2.8% sequentially; full year guidance revised up
financial services, US-headquartered IT firm Cognizant posted a net profit of $582 million in the third quarter, up 2.8% sequentially and 10.8% on-year. The Nasdaq-listed technology major saw its third quarter revenue growing by 4% sequentially at $5 billion. On a year-on-year (YoY) basis, the revenue was up 3%. Buoyed by its healthy deal pipelines and strong performance in its top two large verticals — Health Sciences and Financial Services, Cognizant revised its FY24 annual revenue guidance up to 1.4-1.9% in constant currency (this assumes approximately 200 basis points of inorganic contribution), from its earlier guidance of -0.5-1%. “Investments in AI-driven platforms, like our Neuro suite and Flowsource, are resonating with our clients and supporting our large deals success. In the third quarter, we signed six deals with a total contract value of more than $100 million each, bringing our year-to-date count to nineteen, which is more than we signed in the full-year 2023,” said Ravi Kumar S, chief executive officer of Cognizant.
01.11 / 01:25
markets UPS Provident CEO Strategy IBM innovations Silver lining amid funding winter: IT firms acquiring Indian startups, smaller firms
IT firms are increasingly snapping up Indian startups at a time when the startup ecosystem is amid a funding crunch. Several of the acquired firms are working in the segments of AI, semiconductor, data and analytics and spacetech among others. Most of them are making acquisitions to strengthen their capabilities so that they do not miss out when technology spending, especially in discretionary spends, returns, say analysts. Big IT firms such as Accenture, Infosys and IBM along with many midcaps like Persistent, Cyient, Global Logic and others have recently acquired smaller Indian firms working in cutting-edge technologies. This month, IBM acquired a Bengaluru-headquartered software-as-a-service (SaaS) startup Prescinto for an undisclosed amount. Later in the month Hyderabad IT engineering service provider Cyient acquired 27.3% in US based Indian startup Azimuth AI for $7.25 million. The acquisition will expand Cyient’s capabilities across the semiconductor industry.
01.11 / 01:25
markets UPS Provident Google information Features OpenAI releases ChatGPT search engine, taking on Google
OpenAI on Thursday beefed up its ChatGPT generative AI chatbot with search engine capabilities, as the startup takes on Google's decades-long dominance of web search. The upgrade enables users to receive «fast, timely answers» with links to relevant web sources — information that previously required using a traditional search engine, the company said. The significant upgrade to ChatGPT enables the AI chatbot to provide real-time information from across the web.
01.11 / 00:07
UPS Fighting Election President Freedom Courts Updates US Election 2024 LIVE Updates: Kamala Harris and Donald Trump in tight contest in Georgia, North Carolina
Get all the US Election 2024 LIVE Updates here on LiveMint.A Pennsylvania state judge said on Thursday he would not immediately move forward with a lawsuit that seeks to stop Elon Musk's $1 million voter giveaway ahead of the Nov. 5 U.S.
31.10 / 21:55
UPS FIVE Coca-Cola Waters Nestle PepsiCo Research LA County sues Pepsi, Coca-Cola over plastic bottles
Los Angeles County is taking on Pepsi and Coke for their role in plastic pollution
31.10 / 21:55
UPS CEO Trade President reports Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates
31.10 / 21:55
UPS DOW Platform Apple NVIDIA How major US stock indexes fared Thursday, 10/31/2024
Drops in big tech companies including Microsoft and Facebook’s parent company Meta Platforms led Wall Street lower
31.10 / 20:05
UPS Aware CEO security performer reports Investigations Security tech company Evolv fires its chief executive
Amid the backdrop of a sales misconduct investigation and other legal troubles, security technology company Evolv is now firing its CEO
31.10 / 19:15
UPS Provident Airlines Boeing reports Department Pentagon audit says Boeing cleaned up on Air Force parts, including soap dispensers marked up 8,000%
According to a Pentagon audit, Boeing has overcharged the Air Force on spare parts for a major cargo plane, including marking up the price of simple lavatory soap dispensers by 8,000%
31.10 / 17:21
markets UPS Citi community rights mountaineering snowboarding California voters consider controversial vacation homes tax in iconic Lake Tahoe area
Voters in the scenic mountain town of South Lake Tahoe in Northern California are considering a tax on vacation homes
31.10 / 17:21
UPS economy ICE Death country reports Asia needs to spend much more to adapt to climate change and limit its damage, bank study says
A study by the Asian Development Bank shows that countries in Asia will suffer worse damage from the climate crisis than other regions and they are not spending enough to limit the damage and adapt to changing weather patterns and natural disasters
31.10 / 17:03
markets UPS Strategy PayDay reports Schools Big Tech's AI splurge worries investors about returns ahead of Amazon results
Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street is hungry for a quicker payday on the billions invested. Microsoft and Meta both said on Wednesday their capital expenses were growing due to their AI investments. Alphabet, too, reported on Tuesday that these expenditures would remain elevated. Amazon, which is set to report results after market hours on Thursday, is likely to echo these forecasts.
31.10 / 17:03
markets UPS security Strategy Experts War Manipur govt to set up memorial for Major Ralengnao Bob Khathing
Chief Minister N. Biren Singh on Thursday said that his government had already earmarked an amount of Rs 3 crore for the construction of a memorial for Major Ralengnao Bob Khathing who laid claim to Tawang as an integral part of India Defence Minister Rajnath Singh virtually dedicated to the nation ‘Desh ka Vallabh’ statue of Sardar Vallabhbhai Patel, and Major Ralengnao ‘Bob’ Khathing ‘Museum of Valour’ at Tawang in Arunachal Pradesh on Thursday. Singh carried out the inauguration from 4 Corps Headquarters in Assam’s Tezpur as he could not visit Tawang due to bad weather.
31.10 / 16:15
markets UPS Provident Mobile Analysis strain Features Best Gaming Chairs Under 20000 for Ultimate Comfort and Style
This article explores the top-rated gaming chairs for gamers in this price range, highlighting their key features, benefits, and what makes them stand out. Whether you're a casual gamer or a competitive player, you’re sure to find the perfect chair to elevate your gaming setup.
31.10 / 16:15
markets COST UPS Digital economy Experts reports Inflation gauge closely watched by the Fed falls to lowest level since early 2021
inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels. The Commerce Department reported that prices rose just 2.1% in September from a year earlier, down from a 2.3% rise in August. That is barely above the Fed's 2% inflation target and in line with readings in 2018, well before prices began surging after the pandemic recession. Yet some signs of inflation pressures remained. Excluding volatile food and energy costs, so-called core prices rose 2.7% in September from a year earlier for the third straight month. On a monthly basis, core prices rose 0.3% from August to September, up from just 0.1% from July to August. The increase in the core rate is higher than the Fed would prefer.

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