UPS Financial News

The Hyundai Santa Fe and Kia Sorento are two popular SUVs with a lot of similarities

Khaitan Chemicals & Fertilizers Ltd.(up 2.84%), Paradeep Phosphates Ltd.(up 2.82%), Southern Petrochemicals Industries Corporation Ltd.(up 1.94%), Agro Phos India Ltd.(up 1.20%), Nagarjuna Fertilizers and Chemicals Ltd.(up 0.88%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.79%), The Fertilisers and Chemicals Travancore Ltd.(up 0.54%), Mangalore Chemicals & Fertilizers Ltd.(up 0.49%), National Fertilizers Ltd.(up 0.48%) and Madras Fertilizers Ltd.(up 0.44%) were among the top gainers.

Chinese families are increasingly flocking to Thailand for the country's quality international schools and relaxed lifestyle

Lexus Granito(India)Ltd.(up 2.09%), MOIL Ltd.(up 1.07%), Madhav Marbles & Granites Ltd.(up 0.51%), The Orissa Minerals Development Company Ltd.(up 0.49%), Gujarat Mineral Development Corporation Ltd.(up 0.46%), 20 Microns Ltd.(up 0.26%), Ashapura Minechem Ltd.(up 0.21%) and Aro Granite Industries Ltd.(up 0.04%) were among the top gainers.

Thalapathy Vijay will create box-office history before hanging up his (acting) boots. The Tamil superstar’s latest film, ‘GOAT’ (short for ‘Greatest Of All Time), which hit the theatres on Thursday, is poised to shatter BO records. According to a report by box-office tracking portal Sacnilk.com, the sci-fi action extravaganza has collected over Rs 8.56 crore so far on day one of its release. Going by the craze it witnessed during advanced bookings, the movie is predicted to cross Rs 100 crore worldwide on the first day. Earlier, the movie garnered over Rs 24.5 crore through advance bookings for its opening day. Of this total, around Rs 22.83 crore came from its Tamil 2D screenings, while the Tamil IMAX 2D screenings earned approximately Rs 30 lakh. The Telugu and Hindi 2D versions of GOAT collected Rs 85.66 lakh and Rs 50.52 lakh, respectively, according to the film trade site Sacnilk. The movie saw strong early bookings in regions such as Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Telangana, and Maharashtra.

Whales have seized the opportunity to accumulate more Bitcoin ($BTC) as the cryptocurrency slid to $55,500 on Tuesday.

mutual funds have managed to outperform their respective benchmarks in August. There were 29 large & mid cap funds in the said period, out of which 25 schemes outperformed their respective benchmarks. In other words, only four funds failed to beat their respective benchmarks. Aditya Birla SL Equity Advantage Fund and Axis Growth Opportunities Fund offered 1.81% and 2.41% returns respectively against 1.06% by their benchmark (NIFTY LargeMidcap 250 — TRI).

Air Canada has offered to boost the pay of more than 5,000 pilots by about 30 per cent within the next three years, according to people familiar with the matter, as it seeks to prevent a strike.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

The Bank of Canada cut interest rates for a third consecutive time by 25 basis points on Wednesday, leaving its benchmark lending rate at 4.25 per cent.

Federal Reserve. Traders on Wednesday added to bets that the Federal Reserve will deliver a half-a-percentage-point reduction at its next meeting, after data showed job openings in July fell to the lowest level in three and a half years.

The issue will open for subscription on September 10 and close on September 12. The anchor bidding will start on September 9.

Telangana is wooing tech giants like Amazon Web Services (AWS) along with marquee brands across sectors including hospitality, defence and aerospace to either set up new facilities or expand their existing operations in the state. Talks were underway with AWS to pump in an additional $2 billion to expand its data centre capabilities in the state, Telangana industries and IT minister Duddilla Sridhar Babu told ET in an exclusive interaction in Hyderabad. Also, hospitality major Marriott Group is setting up its first global capability centre (GCC) in the country in Hyderabad, he said late last month.

₹16,999.Customers can purchase the Amazfit GTR 4 New through Amazon or directly from Amazfit India’s official website. This smartwatch boasts a 1.45-inch AMOLED display with a resolution of 331 ppi, ensuring crisp visuals.

On Wednesday, the Bank of Canada cut its benchmark interest rate by 25 basis points for the third consecutive time, bringing it down to 4.25 per cent. Economists are predicting further interest rate cuts by the central bank for the remainder of the year and into 2025. Here’s what experts have to say about the impact of the cuts on Canada’s real estate markets:

The Luxembourg-domiciled portfolio, which has been seeded by an unnamed client and already holds $229.6m in assets under management, will adopt the same strategy as AB's US Large Cap Value strategy launched in 1973.  It will have 45 to 65 holdings, with the investment team using fundamental and quantitative research to find high quality, large-cap businesses at attractive valuations.  The vehicle will be managed by Cem Inal, AB's chief investment officer of the US large cap value equities team, who has been with AB for more than 20 years. AllianceBernstein closes UK-domiciled Conce...

Share prices around the world slumped on Wednesday after an overnight drop in US markets led by Nvidia. Stock markets from London to Frankfurt and Tokyo all traded in the red as concerns grew of global growth weakening after a subdued US manufacturing report.

The XRP price has dropped by 2% today, slipping to $0.5556 as the crypto market loses a hefty 5% in 24 hours.

JSW Neo Energy and Oil & Natural Gas Corp are the last two left in the fray to acquire Ayana Renewable Power, a green energy company controlled by National Investment & Infrastructure Fund (NIIF), said people directly aware of the matter. The two companies were among the four shortlisted in April to conduct due diligence after multiple parties submitted non-binding offers for the renewable power company. The revised term sheets were submitted last week. The offers peg Ayana’s enterprise value between $1.6 billion and $1.8 billion, the people said. Uncompetitive Offers Enterprise value includes debt and liquid assets. Bids of Sembcorp and Macquarie, the other two shortlisted companies, were deemed lowball and thereby uncompetitive. Ayana Renewable Power’s ownership is split three-way, with government-anchored NIIF as the dominant shareholder (51% stake). British International Investment (32%) and Eversource Capital (17%) are the other shareholders.

It was a rapture and a revelation all at the same time

₹58,000-crore quick service restaurant industry, the challenge form restaurant aggregators isn’t new. But the post-pandemic revenge dining boom has petered out, while Covid-driven surge in home deliveries continues. Consumers cutting back on spending to counter inflation has made it worse.