UPS Financial News

27.01 / 11:11

UPS Citi Waters War Inside Schools Here in one Kyiv apartment building, they are freezing—but not giving up

Subscribe to enjoy similar stories. KYIV, Ukraine—Iryna Tkhoryk knew things were really bad in her cozy, three-room apartment here when frost formed on the inside handle of her balcony door, and she could see her own breath. The 60-year-old pet-store manager now walks around swaddled in several layers topped by a long pink hoodie, wearing four pairs of socks and a hot-water bottle around her neck to cope with temperatures that are at best around 50 degrees Fahrenheit inside and 10 degrees outside.

27.01 / 07:27

markets UPS FIVE CEO Software reports Zensar hit as Cisco pares vendors, fifth Indian IT firm under top-client pressure

Subscribe to enjoy similar stories. BENGALURU: Zensar Technologies Ltd is set to get less business from Cisco Systems, one of its top five clients, as the US technology major pares the number of IT vendors it works with and tightens discretionary spending, people with knowledge of the matter said. The development makes Zensar the fifth Indian information technology (IT) services company in the past year to face pressure in a top account, underscoring a broader trend of global clients rationalizing vendors and cutting costs, moves that are weighing on growth prospects for mid-tier IT outsourcers.

27.01 / 07:27

markets UPS Provident Healthcare hospital Department guidelines In a first, India firms up veterinary clinic standards to ensure quality care, wider access, adequate staffing

Subscribe to enjoy similar stories. New Delhi: The central government has for the first time firmed up comprehensive national guidelines, including infrastructure and human resource requirements, to modernize medical care for livestock and companion animals such as dogs and cats, according to two government officials and a document reviewed by Mint.

27.01 / 05:17

markets UPS Strategy Cycling stage country reports Foundation PE looks to ramp up India bets as secondary market gains momentum

Subscribe to enjoy similar stories. MUMBAI: Foundation Private Equity expects to step up investments in India after deploying about 60% of its maiden $120 million fund in the country, according to top executives at the firm, citing a growing need for liquidity among private equity and venture capital firms.

27.01 / 05:17

markets UPS Citi wellness 2020 testing What powers India’s ₹80 trillion mutual fund AUMs despite market jitters

Subscribe to enjoy similar stories. In the last 18 months, the Indian equity market has moved in a narrow range. It has never really broken away from its September 2024 highs, nor has it crumbled under the weight of expectations.

27.01 / 03:33

markets UPS Coca-Cola Discover Experts Profiles No-sugar soda market gets fizzy as regional firms latch on to health hook

Subscribe to enjoy similar stories. Bengaluru: India’s regional beverage makers are discovering that cutting sugar, not prices, may be the next growth lever as they give established aerated beverage players a run for their share in the mass market. They are rolling out low- and no-sugar flavoured soda variants to tap a growing base of young, health-conscious consumers in their core markets.

27.01 / 01:13

markets UPS Provident Gap War US sanctions effect: Iraq gains lost ground as oil exporter to India, fast closing gap with Russia

Subscribe to enjoy similar stories. New Delhi: Rebalancing its oil import basket of the last three-four years, India is slowly yet surely moving away from the Russia Federation and turning back to its traditional crude oil suppliers in West Asia. In doing so, Iraq, the no.

27.01 / 01:13

markets UPS Digital hospital testing rights Govt planning ATMs that will dispense small notes and coins

Subscribe to enjoy similar stories. NEW DELHI : The Centre is exploring multiple ways to make small-denomination currency notes more widely available, in a move to address a persistent shortage that has plagued everyday cash transactions nearly a decade after demonetization.

27.01 / 01:13

markets UPS show country reports Courts Adani Power’s India grid plan gains urgency amid Bangladesh tariff row

Subscribe to enjoy similar stories. MUMBAI : A timely connectivity to the Indian power grid could help Adani Power Ltd offset some of the potential risks to its financials if its $1-billion-a-year power supply deal with Bangladesh sours, after India’s eastern neighbour accused the Ahmedabad-based conglomerate of charging above-market rates. A committee set up by Bangladesh’s interim government to review power supply deals signed under the now-ousted Sheikh Hasina regime has accused Adani Power of exporting electricity priced about 50% above market rates.

27.01 / 01:13

markets UPS Target security Analysis Experts reports No more fireworks for markets—Budget Day 'big bang' loses its spark amid year-round reforms

Subscribe to enjoy similar stories. MUMBAI : The Union Budget, once the single biggest policy trigger for Indian stock markets, has increasingly become a non-event in recent years. But the muted reaction on Budget Day reflects a deeper shift.

27.01 / 01:13

COST UPS Provident Election Bill President Trump’s high-stakes bid to dole out $100 billion more in tax refunds

Subscribe to enjoy similar stories. WASHINGTON—Republicans and President Trump designed their tax cuts for this moment, creating a refund bonanza that will land in Americans’ bank accounts well ahead of the midterm elections. The annual tax-filing season that opened Monday will produce a cash surge estimated at $100 billion beyond last year’s $329 billion total, and it is engineered to buoy Republicans’ sagging voter approval.

27.01 / 01:13

COST UPS CEO Food show testing What Starbucks’s new CEO has changed, and what he says is next on his list

Subscribe to enjoy similar stories. Notice anything different at Starbucks these days? Brian Niccol hopes so. Starbucks’s chief executive spent his first full calendar year on the job plowing millions of dollars into improving the experience of Starbucks stores through barista training, outfitting stores with ceramic mugs and replacing faulty power outlets.

26.01 / 16:45

UPS Reuters Booking security reports guidelines Axis keeps all options open for infusing capital in non-bank arm Axis Finance

Subscribe to enjoy similar stories. Axis Bank Ltd is still evaluating multiple options to infuse capital into its consumer lending subsidiary Axis Finance, with the process “very much ongoing", according to a top executive. “Nothing is off the table" when it comes to shoring up capital at Axis Finance, said executive director Subrat Mohanty in the post-earnings conference call of the bank on Monday.

26.01 / 15:39

UPS Citi ICE President shooting Department Videos The American city that found itself at war with the US government

Subscribe to enjoy similar stories. MINNEAPOLIS—For months, Jacob Frey, the Minneapolis mayor, felt a growing dread watching the number of federal immigration and Border Patrol agents swell from dozens to hundreds to thousands, all deployed to his city to carry out President Trump’s promise of the largest deportation of illegal immigrants in American history. “We’ve seen constant, constant, escalation," Frey said.

26.01 / 15:39

markets UPS Waters Experts Courts International Lodha's maiden Bengaluru project runs into legal hurdle

Subscribe to enjoy similar stories. Bengaluru: Mumbai’s Lodha Developers Ltd's maiden Bengaluru project has run into a legal tussle with a group of residents over the development of high-end residential towers. In June 2022, Lodha entered the Bengaluru market and signed its first joint development agreement, acquiring a 100% equity stake in G Corp Homes Pvt Ltd for a residential project.

26.01 / 13:37

markets UPS Apple Trade students 2020 reports Berkshire Hathaway once had a big silver investment. Too bad it was sold.

Subscribe to enjoy similar stories. Berkshire Hathaway Chairman Warren Buffett is a longtime student of the silver market. The company made a sizable investment in silver in 1997 and 1998 when the metal was around $5 an ounce.

26.01 / 13:37

markets UPS Provident Manufacturing Trade reports Tariff wall: Indian internet gear, cable makers risk missing out on US data centre boom

Subscribe to enjoy similar stories. US tariffs have either crimped margins or disrupted exports for Indian cable and telecom equipment makers, even as the data centre boom drives demand in the American market.

26.01 / 11:33

markets UPS Platform security Software Enterprise Experts Mint Explainer: Is the hype around vibe coding justified?

Subscribe to enjoy similar stories. Vibe coding has triggered a fundraising frenzy in India and the US over the past six months. Startups have been raking in large cheques, some at valuations in the billions.

26.01 / 11:33

markets UPS Porsche Cartier Rolex show The wait list for a Birkin or Rolex is getting shorter

Subscribe to enjoy similar stories. A handful of brands have what all luxury bosses want: a wait list to tide them over in quiet times. But resale values suggest that even rare goods such as Hermès Birkin bags and Rolex watches aren’t pulling in crowds like they used to.

26.01 / 11:33

UPS Provident Platform Strategy Research social International Why Amazon wants its sellers to create their own websites for free

Subscribe to enjoy similar stories. Amazon is inviting its Indian sellers to set up independent online storefronts, a move that appears to undermine its dominant marketplace in favour of becoming the backbone of the country's growing direct-to-consumer economy. The plan, called SmartBiz, allows sellers to create websites without coding for free while using Amazon’s logistics and payment systems for their sales.

26.01 / 11:33

UPS economy reports testing Interviews International NFRA to complete 10 audit firm inspections in FY26, exploring AI to boost oversight

Subscribe to enjoy similar stories. NEW DELHI : The National Financial Reporting Authority (NFRA) is exploring the use of artificial intelligence (AI) in overseeing statutory audits and plans to complete inspections of ten audit firms in the current financial year, the highest in its seven-year history, said chairperson Nitin Gupta in his first media interview since taking charge last July. Gupta said NFRA is taking “baby steps" in testing AI, which could later be deployed on a larger scale.

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