UPS Financial News

In Pimpri near Pune, when Tata Motors set the ball rolling to set up a pioneering all-woman line at its Harrier and Safari SUV plant, prospective employees —and their parents —had concerns about how they would travel and where they would stay. The management realised that for their mission to succeed, an important piece that had to fall in place was an assurance that the female workers would have a safe commute and accommodation. Says Sitaram Kandi, chief human resources officer, Tata Motors: “Where they would stay became our biggest concern since we didn’t have hostels. We shortlisted hostels near the plant and each one was visited by three different teams at different times of the day so that we could give the girls and their parents confidence.” After a tough initial phase, Tata Motors was able to increase the share of women on the shopfloor from 4% to 12%. “When you think of women’s employment, three big infrastructural barriers end up being the lack of safety, mobility and childcare,” says Pooja Goyal, founding CEO of Udaiti Foundation, which focuses on women’s economic empowerment. “For women to go out of the house to work, the benefit needs to be significantly more than what it is for a man since they are the ones doing the caregiving.”

Singapore — WEEX Exchange, a top-tier cryptocurrency exchange known for pushing the boundaries of digital asset innovation, proudly presents the latest chapter in its WEEX WE-Launch series: the launch of Bad Idea AI (BAD). This exciting event offers participants the chance to engage with one of the most provocative projects in the crypto space, featuring an 840,000,000,000 BAD token airdrop and a “Share 2 Earn” campaign with a 2,000 USDT prize pool.

iPhone 16 launch poster started circulating on social media, courtesy of tipster Majin Bu, stating that the new iPhone models would be released on September 10. As it turns out, the poster wasn't leaked, but created by a regular user for a bit of fun.However, a new report from Bloomberg's Mark Gurman, a much more reliable source, claims that Apple is indeed planning to hold its biggest hardware launch event of the year on Tuesday September 10, and that the new iPhones could go on sale from September 20.Google may be making some major changes to its app that could see the removal of the bottom search bar that has become a familiar sight on all Android devices.

North Korea vowed Saturday to advance its nuclear capabilities, reacting to a report that the United States had revised its own nuclear strategic plan. The country will «bolster up its strategic strength in every way to control and eliminate all sorts of security challenges that may result from Washington's revised plan», the official Korean Central News Agency (KCNA) reported. The New York Times reported this week that a US plan approved by President Joe Biden in March was to prepare for possible coordinated nuclear confrontations with Russia, China and North Korea.

PK Pole, Chief Electoral Officer, Jammu and Kashmir said on Saturday that the Ministry of Home Affairs is providing security to conduct the upcoming Assembly elections in Union Territory. Speaking to ANI, Pole said that this decision has been taken by the home ministry given the security challenges in the Jammu and Kashmir region, and to carry out a peaceful election process. «There have been security challenges in Jammu and Kashmir over the last 2-3 decades. There has been a reduction (in terror incidents) in recent years. It is an on-and-off situation. We have worked out detailed security arrangements. For candidates, political parties, our RO officials, observers, strong rooms, all this was taken up with the Ministry of Home Affairs and accordingly, security is being provided,» Pole told ANI.

₹75 crore business without any venture capital. Like Suta, several apparel brands in India have bucked the trend of startups relying on external capital to scale businesses. Despite capital becoming scarce, the advent of social media and online platforms has democratized brand reach, enabling these companies to grow profitably, albeit at a slower pace.

Mumbai man recently fell victim to a scam where he ended up paying Rs 61,000 for a date gone wrong at The Godfather Club in Andheri West. The incident has brought attention to a broader swindle involving dating apps and fancy restaurants, leaving several men financially drained and humiliated. The modus operandi involves matching on dating apps like Tinder, Bumble, Hinge, and OKCupid, followed by an expensive meet-up that turns out to be a financial trap. Activist Deepika Narayan Bhardwaj shared the details of this scam on social media platform X. According to her, the scam unfolds as men connect with women on these dating apps who quickly express interest in meeting up. The rendezvous is often set at upscale places such as The Godfather Club or similar establishments. Once at the venue, the women order costly items such as high-end liquor or hookah, which are not on the menu. After placing the orders, the women abruptly leave, citing emergencies, and the men are left to settle the high bill. «MUMBAI DATING SCAM EXPOSE THE GODFATHER CLUB ANDHERI WEST. BRAZEN SCAMMING EVERYDAY. 12 victims in touch. Trap laid through Tinder, Bumble. Bill amounts 23K- 61K. 3 men trapped by the same girl @MumbaiPolice,» Deepika Narayan Bhardwaj posted.

₹25,000. However, the phone is getting a huge price cut on Amazon and can effectively be bought closer to ₹20,000 now.

technology that could make tens of thousands of personalized phone calls to voters using Diemer's talking points and sense of humor. His campaign agreed to try out the technology. But it turned out that the only thing voters hated more than a robocall was an AI-backed one. While Civox's AI program made almost 1,000 calls to voters in five minutes, nearly all of them hung up in the first few seconds when they heard a voice that described itself as an AI volunteer, Diemer said.

Life as a woman in Taliban-ruled Afghanistan just got even more restrictive as a government ministry enacts new laws on “vice and virtue” in the country, banning women’s voices and uncovered faces from public life.

dire need of food, a fifth of them on the edge of famine. It is to ignore a looming migration crisis as Afghans try to leave for anywhere offering hope of a job. It is to ignore the ravages of climate change, which is worsening the country’s periodic droughts.

₹3,000 crore fund infusion to reclaim its spot in the skies as it seeks to emerge from an unending series of struggles that have weighed it down for several years. The airline, which had almost shut down in 2014 due to financial distress, expects to get its grounded aircraft up again as it raises money from multiple sources. But it still has to contend with multiple challenges, including legal hurdles, millions of dollars in unpaid dues, and stiffer competition that has eroded its market share.

Kennedy Jr. has not been so much in the headlines as Kamala Harris and Donald Trump over the course of the past few weeks, but this latest stance of his, has made him the biggest headline of the United States. There are strong rumors that RFK Jr. would be dropping out of the upcoming US Presidential polls 2024, and could be allying with either Donald Trump or Kamala Harris, for a possible partnership and support.

₹3,01,684 crore into the Indian stock markets till 21 August, up nearly threefold from ₹1,08,887 crore a year earlier. At the same time, foreign institutional investors (FIIs) cut their investments to ₹15,940 crore from ₹1,40,105 crore a year earlier.

A vice president (VP) at Goldman Sachs in Singapore died after being taken ill at work on Tuesday.

₹25 crore fine on industrialist Anil Ambani, accusing him of orchestrating a fraudulent scheme to siphon off funds from Reliance Home Finance Ltd (RHFL). The action marks a significant escalation in Sebi's efforts to hold corporate leaders accountable for financial misconduct, as it has also banned Ambani and 24 others, including top executives from RHFL, from participating in the securities market for five years.

polls 2024 is as tricky as it gets after Kamala Harris entered the US Polls 2024 race, and managed to secure a slight lead over Donald Trump, just 75 days before the elections. Meanwhile, this factor of odds slowly coming in favor of Kamala Harris is exciting bettors like anything, as bookmakers from across the world are watching on.

Amazon India is set to tweak its seller fee structures with effect September 9, with several categories seeing a reduction in commissions in the run up to the festive season. The firm has reduced commissions in the range of 3-12% for 59 sub-categories, Amazon India’s director of selling partner services, Amit Nanda, told ET. The reduction is focused on products with low average selling price (ASP), he said. “We also wanted to help our sellers in planning for their Diwali and other festive sales… with this change, we’re hoping sellers will find it as cheap, if not cheaper, to sell some products on Amazon compared to their offline channels,” Nanda said.

Europe's allure seems intact for Indian travellers. Visa applications for European destinations have jumped year-on-year after the summer vacations as Indians unleash their wanderlust to explore Europe in autumn and winter as well. Travel and tourism industry executives said this has stretched visa appointment timelines for many European countries, with some offering no slots at all.

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...

₹800 crore as salary advances, or loans against salaries, in the latest April-June quarter. Such fintech startups typically partner with non-banking financial companies for capital to disburse as advance salaries. A majority of their clients tend to be companies with a large number of contract employees or gig workers.