UPS Financial News
17.09 / 05:53
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Arvind Kejriwal resignation LIVE Updates: Delhi CM to tender his resignation today; who will succeed him?
Get all the Arvind Kejriwal resignation LIVE Updates here on LiveMint.AAP leader Sandeep Pathak on Monday said Delhi Chief Minister Arvind Kejriwal does not have greed for power and honour is paramount for him.He has vowed not to sit on the chief minister's chair till people give him a "certificate of honesty", he added.Pathak, Rajya Sabha MP and the party's general secretary (organisation) said this in Jind, where he held a meeting with party leaders and prepared a module of AAP's campaign for the next fifteen days for the October 5 Haryana polls.Later speaking to reporters, Pathak said party workers will go to every home and tell people that they have given several chances to other parties which have "failed to live up to their expectations". (PTI)The BJP's Delhi president Virender Sachdeva on Monday said AAP supremo Arvind Kejriwal's decision to resign as chief minister was borne out of "compulsion" and not driven by "principle".Sachdeva also alleged that none of the Delhi government departments was free of corruption under Kejriwal's rule.Responding to Sachdeva, AAP alleged that the Delhi BJP chief did nothing but held press conferences and spread false propaganda against the party.
17.09 / 05:32
markets
UPS
BLOCK
economy
Trade
Experts
Sensex, Nifty trade lower as investors stay on sidelines ahead of US Fed meet
Sensex and Nifty opened on a muted note with buying seen in FMCG stocks. Britannia, Tata Consumer and HUL were trading 1% higher each while Tata Motors fell over 2% after 1.9 crore shares of the bluechip were trade in a large block deal.
17.09 / 05:16
markets
UPS
Target
Bill
Trade
reports
Buy Kotak Mahindra Bank, target price Rs 2050: Anand Rathi
Kotak Mahindra Bank with a target price of Rs 2050. The current market price of Kotak Mahindra Bank Ltd. is Rs 1836.2. Kotak Mahindra Bank Ltd., incorporated in the year 1985, is a banking company (having a market cap of Rs 364053.52 Crore).
17.09 / 04:21
17.09 / 03:49
UPS
Analysis
trends
Trade
Experts
reports
Microsoft approves new $60 billion share buyback program
Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion. The tech giant declared a quarterly dividend of $0.83 per share, reflecting an 8 cent, or 10%, increase over the previous quarter.
17.09 / 03:46
markets
UPS
Provident
Digital
Enterprise
Experts
Rate cuts in Europe keep Indian IT sector's hopes up
technology budgets soon as Europe has started reducing interest rates and the US is expected to follow suit. While industry analysts foresee this as a tailwind along with the ongoing digital adoption by enterprises, they said the impact on the industry may be felt only by the fourth quarter of this fiscal ending March 2025. «We think the first change will reflect in the management commentary turning more optimistic and references to green shoots in discretionary demand pickup,» said Kumar Rakesh, associate director at BNP Paribas, who closely tracks the IT sector. «Impact on earnings will likely take a little longer and we think it will start reflecting in CY2025.»
17.09 / 03:45
markets
UPS
Target
economy
wellness
country
Hostile takeovers of faltering firms are integral to a competitive economy
Subscribe to enjoy similar stories. The Competition Commission of India’s (CCI) recent easing of a company takeover rule marks a welcome shift in a country where hostile acquisitions have long been viewed with alarm. Under the CCI’s revised rule, companies will no longer need its approval to acquire up to 25% of a target’s shares in the secondary market before making a formal bid.
17.09 / 03:22
UPS
Manufacturing
Apple
FLEX
Trade
electronic
Samsung strike: Can it crash Tamil Nadu’s dream?
Subscribe to enjoy similar stories. Tamil Nadu dominates India’s electronics exports with a 34% share. This hard-won dominance is at stake as Samsung India workers’ strike at its Sriperumbudur unit refuses to die down and risks spreading to other units.
17.09 / 03:09
UPS
Digital
stage
country
electronic
reports
Brookfield hit it big with towers. Here's what it has in mind next.
Subscribe to enjoy similar stories. Mumbai: Canada's Brookfield Infrastructure Partners is weighing potential investments in India's emerging semiconductor fabrication sector, even as it actively assesses opportunities in fibres, transmission lines, electric vehicles and smart meters. In the US, Brookfield has invested $15 billion in a joint venture with Intel Corp.
17.09 / 03:01
markets
UPS
IPO
Analysis
wellness
Trade
rights
Bajaj Housing Finance: Is it time to hold or wait for a correction? Devang Mehta answers
«So, a lot of these models have even made restaurants successful. So, right now, the ordering activity in India and you look at the per order realisation for even Zomato or Swiggy that has been on the rise,» says Devang Mehta, Spark Private Wealth. Just wanted to get your thoughts in on the kind of valuation that Zomato is currently quoting and we do not know what pricing, etc, is going to be the detail for Swiggy, that is, but just wanted to understand, given that these are the only two players in the market right now, how is it that you would stack up Zomato's valuations? Devang Mehta: See, honestly, on the valuation front, if you look at both these businesses, they would probably trade at a bit of a, if I can use that word, crazy valuations. Why? Because there will always be a scarcity premium for this type of business and we know that at least Zomato is now that way profitable and, in fact, Blinkit has done very well.
17.09 / 03:00
markets
UPS
Target
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Universities
Top Crypto Gainers Today on DEXScreener – CATALORIAN, NEIRO, GINNAN
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
17.09 / 01:59
markets
UPS
President
Golf
Courts
rowing
Suspect in apparent assassination attempt on Trump was near golf course for 12 hours, records show
Florida golf course with food and a rifle for nearly 12 hours, lying in wait for the former president before a Secret Service agent thwarted the potential attack and opened fire, according to court documents filed Monday. Ryan Wesley Routh did not fire any shots, never had Trump in his line of sight and sped away after an agent who spotted him shot in his direction, officials said. He was arrested in a neighboring county. Routh, 58, appeared in federal court in West Palm Beach to face federal firearms charges, starting a criminal case in the final weeks of a presidential race already touched by violence and upheaval. Though no one was injured, the episode marked the second attempt on Trump's life in as many months, raising questions about the security provided to him during a time of amped-up political rhetoric and what the Secret Service chief called an «unprecedented and hyper-dynamic threat environment.»
16.09 / 23:40
markets
UPS
Trade
Universities
Cycling
Bitcoin
rights
Best Crypto to Buy Now September 16 – Bitcoin, Popcat, Fantom
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
16.09 / 22:12
markets
UPS
Mobile
Software
trends
performer
exclusive
Poco India head Himanshu Tandon talks about Poco Pad 5G, upcoming launches, HyperOS on tablets and more
Poco Pad 5G review: Budget-friendly 5G tablet for everyday useSoon after the launch of the new tablet, Poco India head Himanshu Tandon sat down for an exclusive chat with LiveMint to discuss a range of topics, including the Poco Pad 5G, the Poco ecosystem, scope for Poco to enter new segments, and more.Tandon also revealed that the Poco Pad 5G received a good response during the first sale and was one of the fastest-selling tablets on Flipkart on the first day. Encouraged by the initial response to Poco Pad, Tandon said, “We are now thinking how do we take this tablet journey moving forward and how do we scale up this business because the start has been really really exciting for us." Edited excerpts from the interaction: While explaining the reason for not launching a Poco tablet in India so far, Tandon said, "When we started this operation with Poco F1, we wanted to solidify our position in the smartphone market.
16.09 / 21:40
markets
UPS
Action
Fighting
show
reports
WWE Raw Monday Night date, time, match-card: Key details here
WWE RAW Night episode is going to take place at the Moda Center situated in Oregon’s Portland which will be looking forward to the ever waited PLE event scheduled within two weeks which is going to continue to build up the Bad Blood. Thunderwire reported that tonight’s WWE RAW will set up the proper momentum and eventually will fill up the card for the show. CM Punk is all set to thrash Drew McIntyre through his words tonight and throw a severe challenge to Drew McIntyre for their upcoming Hell in a Cell match at Bad Blood, after being defeated by a sudden attack of Drew McIntyre two weeks back. Dominik Mysterio will have a fight against Damian Priest in the episode of Judgement Day where audience are expecting a lot of action without an end to the fight, reported the Thunderwire. Also Read :3 Body Problem Season 2: When will the sci-fi series release?
16.09 / 20:57
markets
UPS
Digital
show
reports
testing
Retail users power up e-Rupee transactions
Central Bank Digital Currency (CBDC), or e-rupee, is gaining traction among retail users, with the Reserve Bank of India widening the scope of participation. E-rupee worth ₹234.12 crore was in circulation as of March 2024, compared with ₹16.3 crore a year earlier, according to RBI data. «The multi-fold jump could be due to a few big banks pushing CBDC wallets among their employees,» said a senior banker. «The rise in CDDC transactions could be because the banking regulator has allowed interoperability between CBDC and Unified Payments Interface,» the same person said.
16.09 / 20:48
markets
UPS
President
RAI
reports
International
Did ABC fire U.S Presidential Debate moderators David Muir and Linsey Davis? Here’s what we know
U.S Presidential Debate 2024 which took place in Philadelphia moderated by David Muir and Linsey Davis of ABC News created a lot of controversy with regards to alleged biasness of both towards U.S Vice President Kamala Harris. Following the U.S Presidential Debate, a post was seen circulating over Facebook including the pictures of both the moderators with a caption of, ‘ABC Fires Debate Moderators David Muir and Linsey Davis: They Are a Disgrace to Their Profession’. According to USA Today which is a verified signatory of the International Fact-Checking Network, the post and the claim was totally ‘False’. USA Today after fact checking and verifying the news from multiple genuine sources asserted that the post actually originated from a satirical website named Esspots which belongs to SpaceXMania network of websites on Sept 12 and was disguised and presented as an Authentic and True News whereas there was Zero Truth in the claim. There was no disclaimer whatsoever in the subsequent posts following that which could reiterated the claim, added USA Today. Also Read:As he turns 40, Prince Harry to accept $8.5 million as inheritance: Ex-staffer
16.09 / 20:21
16.09 / 19:59
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Action
trends
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Schools
Investors Eye Fantom as It Rockets 8.6% – Could It Surpass Solana Soon?
Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...
16.09 / 19:36
16.09 / 18:39
markets
UPS
BLOCK
Simulation
track
Traffic
Railways looks to outsource part of maintenance ops
Railways has drawn up a safety upgrade plan that includes training of loco pilots on simulators and outsourcing of some components of maintenance operations, officials said. The move comes in the backdrop of several train accidents over the last two years. The Railway Board has asked all zonal railways to explore the possibility of outsourcing the maintenance of machines used in track renewal operations, according to the officials. These track machines are required for maintenance and renewal of tracks, but owing to shortage of staff, either because of vacancies or due to non-creation of adequate posts, this activity gets hampered and machines remain underutilised. In a directive, the Railway Board has asked the zonal railways to explore the possibility of outsourcing these activities to make up for manpower shortages.
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