UPS Financial News

Wipro's American Depository Receipts (ADRs) fell nearly 12% on Friday to hit the day's low of $6.08 on the New York Stock Exchange after the company reported a 4% decline in its June quarter revenue at Rs 21,964 crore over Rs 22,831 crore reported in the year-ago period. It was also below Street's estimates of Rs 22,258 crore. The IT major reported a consolidated net profit of Rs 3,003 crore (attributable to the equity holders) for the quarter ended June 30, 2024, up by 4.6% over Rs 2,870 crore reported by the company in the year-ago period. Wipro's PAT figure was above Street’s estimates of Rs 2,993 crore.

During the Amazon Prime Day Sale 2024, you can save up to 55% to 65% on microwaves, chimneys, and dishwashers from top brands. This is a fantastic opportunity to replace your old and rusty appliances with top-notch, future-ready models. Take advantage of these substantial discounts to upgrade your kitchen and enjoy the latest in appliance technology at a fraction of the cost.

Arunachal Pradesh government on Friday tabled a Bill in the Assembly to curb irregularities and the use of unfair means in various public examinations in the state. The Arunachal Pradesh Public Examination (Measures to Prevent Unfair Means in Recruitment) Bill, 2024 has strict provisions for punishment like imprisonment and penalties, debarring of candidates from appearing in recruitment examinations as well as attachment and confiscation of property. The Bill has a provision for special courts for the speedy trial of such offences.

StockGro, discussed the budget and its impact on common man with Ishaan Agarwal, Sandeep Yadav of NIT Allahabad and Devika Deevasan of IIT Madras. Read on to know how he decoded the budget for Young India. Q. Everyone thinks that the budget is all about taxes. How does it affect the common man?Ajay Lakhotia: Unlike the myth that the common man doesn’t get affected by budget, it actually really does affect a common man.

Next week’s Summer Olympics in Paris will be the first in which equal numbers of female and male athletes participate. The milestone is owed in large part to an International Olympic Committee working group started in 2018 that established specific benchmarks for achieving gender parity.

OMIYA, Japan—Yurika Adachi, a 39-year-old nurse, grew tired of swiping fruitlessly on dating apps and petitioned local government officials last year to help her find a husband. First, the bureaucrats had a few questions. Adachi filled out an online form and booked an in-person appointment at the Saitama Rendezvous Support Center.

1. Samsung 7 kg Fully-Automatic Top Loading Washing Machine This Samsung 7 kg top-load washing machine has come with discounted price in the early Amazon Prime Day deals.

logistics-as-a-service on the government-backed Open Network for Digital Commerce (ONDC), touched one million transactions in June, ONDC said, on Friday. This is an initiative bridging the demand gap for third-party logistics and the delivery of products across the network.

Popular crypto mixing protocol Tornado Cash has experienced a resurgence in 2024, with deposits surpassing $1.8 billion in the first half of the year.

Arunachal Pradesh which poses a threat of a flood-like situation in the state, senior BJP MLA Ninong Ering on Friday urged the government to take up the issue with the Centre. China is building a 60,000 megawatt dam on the Yarlung Tsangpo River in Medog, near the international border. Tsangpo is known as Siang in Arunachal Pradesh and Brahmaputra in Assam. The main channel of this river is the Jamuna, which flows through Bangladesh before joining the Bay of Bengal. Participating in the motion of thanks to the governor's address in the assembly, Ering, a former Union minister said, «We cannot trust our 'neighbour'. You never know what they can do. They can either divert the entire river flow drying up our Siang or release water at once causing unprecedented floods havoc downstream.»

India will be the engine of green energy growth for the world as the the country is expected to have an installed electrolyser manufacturing capacity of up to 100 GW by 2030, Union Minister Pralhad Joshi said on Friday. The Minister for New and Renewable Energy made the remarks while inaugurating an electrolyser manufacturing facility of a private company at Doddaballapur, in Karnataka. «India has the potential to be the driver of growth for green energy in the world. The demand for green hydrogen shall fuel demand for electrolysers in India. By 2030, it is likely India shall have installed electrolyser capacity of 60 GW-100 GW,» he added. His comments assume significance as the government has set up a target to have 5 million metric tonne (MMT) of installed green hydrogen mission capacity.

Priyanka Gandhi Vadra on Friday slammed the UP government directive asking eateries on the Kanwar Yatra route to display owners' names as an «attack on the Constitution» and demanded the order be withdrawn. She also sought strict action against the officials who issued the order. Days after the Muzaffarnagar Police asked all eateries along the Kanwar Yatra route to display their owners' names, the Uttar Pradesh government on Friday extended the controversial order across the state. A government spokesperson said that a formal order is likely to be issued soon.

Reliance Jio, the telecom unit under Jio Platforms Limited (JPL), reported 11.9% on-year growth in net profit for the fiscal first quarter. Net profit stood at Rs 5,445 crore for the three months ended June 30, 2024, as compared with Rs 5,337 crore in the previous quarter and Rs 4,863 crore a year ago. Jio’s Q1 net profit was marginally lower than the Rs 5,449 crore average of analyst estimates compiled by ET.

Mint. Sheth can afford to say that. He has the distinction of scaling two unicorns—Elance (renamed as Upwork), and Gupshup—across two different geographies.

ONGC Videsh Limited, a schedule «A» Navaratna Central Public Sector Enterprise, has announced the signing of a definitive Sale Purchase Agreement (SPA) to acquire a stake in Azerbaijan's prestigious Offshore Azeri Chirag Gunashli (ACG) oil field from Equinor ASA. According to a press release, the agreement encompasses the acquisition of a 0.615 per cent participating interest (PI) in the ACG field and a 0.737 per cent shareholding in the Baku Tbilisi Ceyhan (BTC) pipeline company through its wholly-owned subsidiary, ONGC BTC Limited. The total investment for these acquisitions is projected to be up to USD 60 million, with the deals expected to be finalized in the forthcoming months.

The Reliance Industries' telecom subsidiary reported revenue from operations at Rs 26,478 crore, which was up by 10% from Rs 24,042 crore reported by the company in the corresponding period of the previous financial year.

dholwallas, who are being flown in from Delhi. “Tani (Tanishqa) was feeling FOMO," laughs Chheda, when asked the reason behind a non-traditional, joint barat. “She doesn’t want to wait around and miss the fun of making a grand entry." For the reception, they’ve decided to turn a ballroom into a forest.

Satya Nadella once shared valuable insights into the skills he values in Microsoft employees. Under Nadella's leadership, Microsoft revitalised its corporate culture, expanded through strategic partnerships, and surpassed Apple to become the world’s most valuable public company. Reflecting on these achievements, Nadella highlighted the importance of both soft and technical skills for Microsoft employees. His focus on versatility and adaptability underscores the need for a well-rounded skill set in today’s rapidly evolving tech world.

Union Budget and the Economic Survey, to set the tone and pace of the economic path the nation will pursue in the coming years to attain its ambitious growth aspirations with a human face. The allocations and source of funds must be in sync with the vision so laid out.

The $1.7 trillion private credit industry is set on transforming itself into the world’s new banks, and it’s putting on display an ever greater tolerance for the risks of lending to indebted companies.

Some days in sunny southern California just aren’t all that sunny for the “silver splitters” of divorce, as Kimberly Nelson calls them.