UPS Financial News

Lupin Ltd. traded 0.09 per cent up in Monday's trade at 12:17PM (IST). Around 15,731 shares changed hands on the counter. The scrip opened at Rs 2164.95 and touched an intraday high and low of Rs 2173.6 and Rs 2141.45, respectively, in the session so far. The stock of Lupin Ltd. quoted a 52-week high of Rs 2312.0 and a 52-week low of Rs 1091.8.

HDFC Asset Management Company Ltd. traded 0.72 per cent up at Rs 4407.95 at 12:12PM (IST) on Monday, even as BSE benchmark Sensex gained 157.78 points to 84702.09. The stock had closed at Rs 4376.15 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4544.5 and Rs 2565.0, respectively.

Subscribe to enjoy similar stories. There is an old-world quality about Shiraz Bayjoo’s works. It is as if the artist has added layers of colour to centuries-old images of fishermen, coastal trees, indentured labour, and more to create a new emotional landscape.

CHARLOTTE, N.C. (AP) — The dog can stay — at least for another round of NASCAR’s playoffs.The future of little Lulu, the stray puppy Denny Hamlin’s daughters found under the Gateway Arch in St.

Subscribe to enjoy similar stories. SuperApps don’t seem to work in India that well. Deepinder Goyal, founder and CEO of Zomato, learned this early on in his career.

Government issues high severity warning for iOS, iPadOS and macOS users post iPhone 16 launchAccording to leaker Steve Hemmerstoffer, the Galaxy S24 FE will start at $649 (around ₹54,000) for the 128GB model, a $50 price increase from last year. Meanwhile, the 256GB storage variant is said to cost $709 (around ₹59,000).The S24 FE has previously been spotted on the US FCC list and has also received BIS certification, indicating an imminent launch in India.

Subscribe to enjoy similar stories. India is experiencing a flight of the wealthy, and that is not a great feeling. As the fastest growing large economy in the world, with its ease of doing business improving—strike-prone Kerala recently won the Centre’s prize for the best-in-class business reforms—India should be not just retaining its rich and talented, but also luring to its shores entrepreneurs from around the world.

Subscribe to enjoy similar stories. The recent death of a 26-year-old Ernst & Young (EY) employee has raised concerns about the toxic work culture in the corporate world. In an emotional note to the EY chairperson, the deceased’s mother highlighted how “the workload, new environment and long hours" took a toll on her daughter’s physical, emotional and mental health.

Federal Reserve started its rate easing cycle last week. The benchmark 10-year yield is likely to move between 6.75% and 6.78% on Monday, compared with its previous close of 6.7626%, a trader with a primary dealership said.

Oil prices gained slightly during early trade on Monday, boosted by concerns conflict in the Middle East may impact supply in the key producing region and expectations the U.S. interest rate cut last week will support demand. Brent crude futures for November were up 20 cents, or 0.3% at $74.69 a barrel at 0045 GMT. U.S. crude futures for November were up 22 cents, or 0.3%, at $71.22.

Reserve Bank of India to relax some norms for foreign investment in corporate debt to capitalise on surging global interest in local fixed-income instruments following the country's inclusion in a JP Morgan bond index, multiple sources told ET. «Banks, mostly foreign banks, have requested the RBI for some relaxations in norms for foreign portfolio investment (FPI) in corporate bonds such as the rule that allows FPI investment only in corporate bonds with a minimum residual maturity of above one year subject to a 30% cap,» a source aware of the developments said.

Afcons Infrastructure — the largest in over two years — is likely to be launched in the first week of October, according to sources. The flagship engineering and construction arm of the Shapoorji Pallonji Group could increase the size of the issue to ₹8,400 crore from ₹7,000 crore planned earlier, including the pre-IPO allotment. This makes it the largest IPO since Life Insurance Corp's (LIC) ₹21,008 crore issue in May 2022. According to the draft red herring prospectus (DRHP), the offering consists of a fresh issue of up to ₹1,250 crore and an offer for sale (OFS) of up to ₹5,750 crore by the promoter, Goswami Infratech. Sources said the promoters are considering selling more shares worth ₹7,150 crore. Afcons did not respond to ET's queries.

Subscribe to enjoy similar stories. A rare beast may soon lumber across the hills of Silicon Valley: not a $1bn unicorn, nor a $10bn decacorn, but a hectocorn—a startup valued at more than $100bn. OpenAI, the maker of ChatGPT, is understood to be in talks to raise $6.5bn from investors to fund the expansion dreams of its co-founder, Sam Altman.

Subscribe to enjoy similar stories. A major market correction is unlikely unless an unforeseen global event occurs beyond anyone’s control, according to Anuj Kapoor, MD & CEO of Private Wealth and Alternatives at JM Financial. “If investors wait for a correction beyond 5-10%, they might be left waiting for a long time," he said.

Subscribe to enjoy similar stories. State-run energy companies on the prowl for foreign assets will focus on projects that are already pumping oil and gas or are about to do so, two people aware of the plans said, after the endless wait for supplies from countries where India has made energy investments in the past prompts a rethink. Though it is far cheaper to invest in foreign exploration and production (E&P) projects in their early stages, the timeline to production is lengthy, something India cannot afford given its galloping energy needs, the people said on the condition of anonymity.

Subscribe to enjoy similar stories. Global private equity firm Carlyle is building a $400 million platform in India to acquire and merge auto component makers, two people aware of the plans said. Carlyle may acquire at least two parts-makers by the end of this financial year and two more in the next 12-18 months, the people cited above said on the condition of anonymity, adding it will focus on companies catering to electric vehicles, as well as export-led companies.

iPhone 16 hit the shelves across various markets on Friday. But for the foreseeable future, consumers in the European Union will not be experiencing its AI suite of features, called Apple Intelligence, that the new device was built for. ET explains why, and other instances this year when Apple ran into trouble with EU authorities and regulations. Apple says no to AI features in EU In June this year, Apple announced it would not roll out its AI features under Apple Intelligence in the EU market over ‘regulatory uncertainties’ and privacy concerns stemming from the Digital Markets Act.

Four people were killed and 17 others injured when multiple shooters opened fire Saturday in what police described as a targeted “hit” on one of the people killed at a popular nightlife spot in Birmingham, Alabama.The shooting happened shortly after 11 p.m. Saturday in Five Points South, a district filled with entertainment venues, restaurants and bars that is often crowded on weekend nights.

Fusion Finance, Warburg Pincus and Creation Investments are planning to recapitalise the country’s youngest microfinance company via a Rs 550-crore rights issue to strengthen its balance sheet as the firm’s provisions for the September quarter are expected to surpass earlier forecasts by up to 58%. Fusion Finance is also initiating a search for a new chief executive to strengthen its senior management bandwidth as part of a larger corporate initiative to improve the asset quality of the loan book, top officials said. “We want to be more proactive rather than be more organic in terms of handling this issue,” Fusion Finance founder Devesh Sachdev told ET.

women's participation in the labour force is connected to increasing their presence in public spaces. And that is connected to making public spaces more accessible, safe and agreeable. Feeling unsafe outdoors isn't confined to the developing world.

The Illinois Department of Corrections has spent September moving hundreds of inmates from Stateville Correctional Center in suburban Chicago in preparation for replacing the century-old lockup