UPS Financial News
27.09 / 05:35
UPS
Provident
NVIDIA
AMD
shooting
performer
Features
Amazon Great Indian Festival Sale is LIVE: Shop big discounts on electronics like laptops, tablets and camera
Amazon Great Indian Festival Sale LIVE now: Big savings up to 79% on furniture like office chairs, desks and tablesThe ASUS TUF Gaming A15 is built for serious gamers, boasting a powerful Ryzen 7 7435HS processor paired with the NVIDIA GeForce RTX 3050 GPU. Its 15.6-inch FHD display with a 144Hz refresh rate ensures fluid gameplay, while the 16GB RAM and 512GB SSD offer seamless performance and fast loading times.
27.09 / 05:05
UPS
FIVE
Racing
Lawson
Instagram
love
Sporting
F1 driver Daniel Ricciardo fired by Red Bull, leaving fans outraged
Formula One racer Daniel Ricciardo was released by Red Bull Racing on Thursday, and it was announced that Liam Lawson will immediately slip into the driver’s seat, replacing him on the team.
27.09 / 04:47
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UPS
Analysis
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wellness
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Shares of Info Edge rise as Nifty gains
Info Edge (India) Ltd. gained 1.81 per cent to Rs 8085.95 in Friday's trade as of 10:10AM (IST). It hit a high of Rs 8155.6 and low of Rs 8013.1 during the session. The stock quoted a 52-week high price of Rs 8259.95 and a low of Rs 3973.15. The return on equity for the stock stood at 1.91 per cent. About 1,613 shares have changed hands on the counter so far.
27.09 / 04:47
markets
UPS
Analysis
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Updates
Stock market update: Sugar stocks up as market rises
Magadh Sugar & Energy Ltd.(up 6.26%), KM Sugar Mills Ltd.(up 5.80%), Avadh Sugar & Energy Ltd.(up 5.73%), Bajaj Hindusthan Sugar Ltd.(up 5.60%), Balrampur Chini Mills Ltd.(up 5.32%), Mawana Sugars Ltd.(up 5.15%), Shree Renuka Sugars Ltd.(up 4.99%), Dalmia Bharat Sugar and Industries Ltd.(up 4.60%), Simbhaoli Sugars Ltd.(up 4.50%) and KCP Sugar & Industries Corporation Ltd.(up 4.44%) were among the top gainers.
27.09 / 04:47
markets
UPS
Provident
Volkswagen
economy
Tesla
How Europe’s battery hope has become a symbol of the EV bust
Northvolt AB was supposed to power Europe’s response to the likes of Tesla Inc. and China’s fast-growing electric vehicle makers. Instead, the Swedish battery company is fighting to stay afloat. As it faces a crushing liquidity crunch, the company’s creditors will meet Friday to decide on freeing up funds critical to its survival. On Thursday, Harald Mix, Northvolt’s founder and owner of a 7.2% stake, said he plans to provide new capital to the company, pointing to the “important role” it plays in European competitiveness. Burning cash as it struggles to deliver the batteries it promised customers, Northvolt this week said it’s shedding a fifth of its global staff and suspending the expansion of its main factory in northern Sweden. With Europe’s battery boom turning to bust, more pain may be in the offing.
27.09 / 04:47
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UPS
Analysis
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Updates
Stock market update: Mining stocks up as market rises
MOIL Ltd.(up 1.61%), NMDC Ltd.(up 1.45%), Coal India Ltd.(up 1.02%), Ashapura Minechem Ltd.(up 0.95%), Aro Granite Industries Ltd.(up 0.86%), KIOCL Ltd.(up 0.83%), Madhav Marbles & Granites Ltd.(up 0.79%), Sandur Manganese & Iron Ores Ltd.(up 0.45%), The Orissa Minerals Development Company Ltd.(up 0.33%) and Lexus Granito(India)Ltd.(up 0.20%) were among the top gainers.
27.09 / 04:47
markets
UPS
Analysis
Research
trends
Trade
Vedanta shares up 2.55% as Nifty gains
Vedanta Ltd. rose 2.55 per cent to Rs 514.65 in Friday's trade. It hit an intraday high of Rs 515.85 and low of Rs 506.05, respectively, during the day. The stock quoted a 52-week high price of Rs 515.85 and low of Rs 207.85.
27.09 / 04:47
markets
UPS
Booking
film
performer
audience
Jr NTR's Devara set to make box-office history. 12 Indian movies that have made Rs 100 crore in Day 1 collections
Devara: Part 1 is gearing up for a massive global debut, with early estimates predicting a worldwide gross of approximately ₹140 crore on its first day, according to industry trackers. As of now, the film has already collected around Rs 17 crore amid strong advance bookings, showcasing immense anticipation from audiences around the world. Released on September 27, Devara: Part 1 stars Jr NTR in the lead role, alongside Janhvi Kapoor, Saif Ali Khan, Shruti Marathe, Prakash Raj, Srikanth, Shine Tom Chacko, Narain, and Murali Sharma. Directed by Koratala Siva, who gained fame for his work on Acharya, the film is produced by Kosaraju Harikrishna and Nandamuri Kalyan Ram under the banners of Yuvasudha Arts and NTR Arts. Devara: Part 1 has been released in multiple languages, including Telugu, Tamil, Hindi, Malayalam, and Kannada, aiming for a wide reach across diverse audiences. This multi-language release strategy, combined with strong pre-release buzz, positions the film for a record-breaking box office performance.
27.09 / 04:19
markets
UPS
show
concert
rock
pop
Coldplay fans have a point: There must be a better way to sell gig tickets
Subscribe to enjoy similar stories. It’s a conundrum of basic economics: Can prices be kept affordable when demand heavily outweighs supply? It is usually onions, fuels or rare earth metals like dysprosium that trouble us with the question, but this week, it was concert tickets that sparked outrage and stirred musings. Last Sunday, about 13 million Coldplay fans of all ages went online and joined a long queue to snag a grand total of 150,000 tickets.
27.09 / 04:19
UPS
Provident
Waters
Forbes
Virus
Features
Best water purifiers in India: Top 8 RO and UV options for safe and pure drinking water
Reasons to buyReasons to avoidThe RO-UF world-class water purifier is designed to deliver pure and safe drinking water with its advanced reverse osmosis and ultrafiltration technology. It effectively removes dissolved impurities, bacteria, and viruses, ensuring clean and healthy water for your family.
27.09 / 03:45
UPS
Citi
Waters
Sustainability
Universities
evacuation
Hurricane Helene threatens ‘unsurvivable’ storm surge as it nears Florida
Tropical storm force winds began battering Florida on Thursday as Hurricane Helene prepared to make landfall, with forecasters warning that the enormous storm could create a “nightmare” surge along the coast and churn up damaging winds hundreds of miles inland across much of the southeastern U.S.
27.09 / 03:27
COST
UPS
FIVE
poverty
donates
Investigations
Naomi Campbell barred from being charity trustee in England and Wales
British supermodel Naomi Campbell has been barred from being a charity trustee in England and Wales for five years after the poverty charity she founded nearly two decades ago was deemed to have been “poorly governed” with “inadequate financial managem...
27.09 / 02:55
markets
UPS
Platform
Analysis
Research
Trade
SD Retail shares to debut on NSE SME platform today: What to expect
SD Retail will debut on the NSE SME platform on Friday. Ahead of the listing, the company's shares are trading with a GMP of Rs 20 in the grey market. This indicates a likely listing premium of 15%, compared with an issue price of Rs 131 at the upper end.
27.09 / 02:55
markets
UPS
Platform
Analysis
Research
Trade
BikeWo GreenTech shares to list on NSE SME platform today: Here's what to expect
BikeWo GreenTech will debut on the NSE SME platform on Friday. Ahead of the listing, the company's shares are trading with a GMP of Rs 7 in the grey market. This indicates a likely listing premium of 11%, compared with an issue price of Rs 69 at the upper end.
27.09 / 02:55
markets
UPS
Target
wellness
Trade
Cycling
rights
What is the right portfolio allocation as equities look toppish? Sandip Sabharwal answers
Sandip Sabharwal, asksandipsabharwal.com, says portfolio allocation varies from person to person and the age group which they are in, etc. But for people who do not stay in the US and their currency is a reserve currency, gold has always been a very good investment. Today, it is one of the biggest sources of wealth for Indians as per current calculations. It is almost 75% of the country's GDP. It is pure currency and can be easily encashed at any point of time. Gold should be 10-15% of the asset allocation. Bonds and debt depend on person to person. But everyone should have one year of expenditure and some additional amount in fixed income and bonds to take care of your need if you cannot pull out of risky assets. This massive rally which is underway in auto, completely undoes what you were saying a couple of weeks ago, the inventory buildup and the fact that there was a lot of discounting and all those clamours which were coming through. What do you make of the auto sector right now? Sandip Sabharwal: When we were discussing the industry at that time, the two-wheeler stocks were running up and the four-wheelers were correcting and what I had said was that in anticipation of festival demand, it is likely that the four-wheelers will also see some sort of revival going forward. Now, it is a question of delivery. These companies have to deliver on the festival season sales and that is the challenge.
27.09 / 02:55
markets
UPS
Analysis
economy
wellness
Trade
performer
Here's why Ajay Bagga is bullish on two-wheeler stocks
«There is some softening globally, but India is performing very well on the macros. The balance sheets are very clean for corporates. Banks have the ability to lend,» says Ajay Bagga, Market Expert. What do you make of the momentum of the market, there is no stopping it at all? Ajay Bagga: Yes, flows are very strong and we see that domestic flows are absorbing. Even the little FII selling that is still coming through, we are seeing that absorption happening.
27.09 / 01:35
UPS
security
Strategy
country
2020
reports
Game on: Exit Tencent, enter Tiga at Dream11
Subscribe to enjoy similar stories. Mumbai: China's Tencent Holdings Ltd is set to sell its stake in Dream11 parent Sporta Technologies Ltd, two people familiar with the development said, as the gaming unicorn moves to comply with regulations on Chinese investments. Singapore-based Tiga Investment Pte Ltd will acquire Tencent's shares for over $150 million, the people cited above said on the condition of anonymity.
27.09 / 01:35
markets
COST
UPS
PwC
Experts
recommendations
International
Demand for risk managers soars as Sebi eyes broader RMC requirement
Subscribe to enjoy similar stories. Mumbai: To boost corporate governance practices, the capital market regulator plans to extend the mandate of setting up risk management committees (RMC), to the top 2,000 companies listed on exchanges as per their market share. This comes after the Securities and Exchange Board of India (Sebi) in 2020 mandated that the top 1,000 listed companies set up RMCs.
27.09 / 01:35
UPS
Booking
Man
Citizens
Equality
Courts
rights
What do we mean by equality?
Subscribe to enjoy similar stories. Growing up in a family of lawyers in Delhi, it wasn’t surprising that Saurabh Kirpal would choose a career in law. But it was only when he started living as an openly gay man with his partner in India that he experienced—what he describes in a video interview with Lounge—as “an eye-opening moment".
27.09 / 00:59
markets
UPS
Platform
Enterprise
Food
reports
ChrysCapital has a Rs 3500 crore craving for Theobroma & Belgian Waffle, plans to create investment platform combining brands
ChrysCapital is looking to create an investment platform as it closes in on at least two bakery-patisserie and dessert chains, Theobroma Foods and Belgian Waffle Co., at a combined valuation of around Rs 3,200-3,500 crore, said people aware of the development. It has a 60-day window to submit a binding offer for Theobroma and is aiming to finalise the terms of acquisition of Bloombay Enterprises, which owns and runs Belgian Waffle, for around Rs 1,000 crore in the next 30 days, said the people cited above. Bloombay is owned by husband-and-wife founders Shrey and Alisha Aggarwal and investor Marathon Edge Partners, which holds a 22% stake. Final Rounds of Diligence ChrysCapital, which is seeking to raise $2-2.2 billion for its tenth fund—its largest till date—is competing with EQT Partners for the Theobroma buyout and is in the final rounds of diligence. ChrysCapital returned over $7 billion from 80 exits and deployed $4.5 billion in over 100 investments.
27.09 / 00:59
markets
UPS
Aware
country
reports
Schools
WeWork Inc’s plans fail to work out
WeWork Inc.’s plan to sell the 27% it holds in its Indian unit and exit the country has collapsed, according to three people aware of the matter. This comes after the Competition Commission of India (CCI) had approved the proposal. Along with the bankruptcy-hit WeWork Inc., the coworking firm’s local partner WeWork India, promoted by Bangalore-based realtor Embassy Group, was also slated to divest a 13% stake to a consortium of investors including the Enam group family office, A91 Partners and CaratLane founder Mithun Sacheti in a Rs 1,200 crore secondary transaction, as reported first by ET on April 22. The Indian real estate group holds 73% in the India unit while WeWork Inc. owns the rest. The deal cleared by the regulator, as per a June 18 order, involved a two-step process that would see WeWork Inc. and Embassy together selling a stake of about 40% to new investors.
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