UPS Financial News

Citi may have finishedpart one of its mission to cut 20,000 jobs, but it's only cut 5,000 of them so far. Discounting the removal of another 5,000 jobs from whole business sales, it still has another 10,000 jobs to remove.

Hero MotoCorp, Bajaj said he would stop making scooters altogether. It was a tectonic shift for a company that built its name riding on scooters. At its peak, the company sold nearly a million scooters every year in the mid-1990s.

Virginia’s largest utility says it will explore the possibility of using small nuclear reactors to meet growing electricity demands

Miki Sudo, gobbled down 51 hot dogs within 10 minutes to bag the champion's title. Nathan's Hot Dog Eating is indeed a very popular contest in the US, with numerous participating trying their best to gobble hot dogs, as many as they can, within a few minutes, but it is only the 'real foodies' who win in the end.

Amazon Prime Day sale, running from July 20 to July 21, promises low prices on some of Amazfit’s best-selling models. Here are some of the great discounts available on Amazefit watches: The Amazfit Active smartwatch is equipped with Bluetooth calling. This smartwatch offers a multitude of fitness and health features along with built-in Alexa and navigation.

TCS too received a big boost from a $1.83-billion network project that it is executing for Bharat Sanchar Nigam Limited (BSNL). A senior equity analyst at a Mumbai-based brokerage firm said the company’s performance was “better than expectations." “There is a clear environment of weakness in the industry, and recovery has not panned out as yet. On overall terms, HCL’s business has strong foundations, and we saw its resilience clearly in the last fiscal.

Nazara Technologies with a target price of Rs 1080. The current market price of Nazara Technologies is Rs 916.05. Nazara Technologies Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 7061.35 Crore) operating in Services sector.

DLF Ltd. traded 0.08 per cent down at Rs 835.25 on Tuesday at around 12:58PM (IST), while the benchmark BSE Sensex advanced 303.18 points to 80263.56. As many as 32,025 shares changed hands on the counter with a total value of Rs 2.67 crore.

Rohit Pawar slammed the Mahayuti government for putting up photos of political party leaders at the Chief Minister's official residence where members of the Indian Cricket team were invited after their T20 World Cup win. «There are photos of political leaders. It seems as if they won the World Cup. The photos of the Indian team should have been put up. Secondly, are you asking for votes here on the success of the Indian team, these things are very wrong. It is not right to do politics. Let the Mahayuti do whatever they want. We will be welcoming the team with an open heart,» Rohit Pawar said speaking to on Friday. Pawar said that since a lot of people had come to watch the World Cup winning team and to congratulate them during the open bus victory parade from Marine Drive to Wankhede Stadium, it led to people facing «little trouble» in some places. Pawar also claimed that the program was finalized at the last moment leading to inadequate time for preparations.'

Central Consumer Protection Authority (CCPA) has ordered online travel agency Yatra to speed up pending refunds for flight cancellations during the COVID-19 lockdown, the consumer affairs ministry said on Tuesday. In its June 27 order, the CCPA directed Yatra to establish five dedicated seats at the National Consumer Helpline to contact remaining passengers about their pending refunds. The company will bear the costs of this arrangement. This action follows a 2020 Supreme Court ruling mandating immediate refunds for tickets booked during the lockdown period. The CCPA initiated suo-moto action against Yatra following numerous grievances lodged through the National Consumer Helpline regarding non-refund of cancelled air tickets.

Adani Power Ltd. traded 1.88 per cent lower in Monday's session at 01:44PM (IST). The stock opened at Rs 707.15 and has touched an intraday high and low of Rs 712.0 and Rs 693.05, respectively, during the session so far. The stock quoted a 52-week high of Rs 896.75 and a 52-week low of 235.7. About 194,032 shares changed hands on the counter so far.

lewd and derogatory comments online against the widow of Kirti Chakra awardee Captain Anshuman Singh. In a letter issued on Monday, the NCW referenced specific legal provisions that the comment violates, including Section 79 of the Bharatiya Nyaya Sanhita, 2023, which penalizes acts intended to insult the modesty of a woman, and Section 67 of the Information Technology Act, 2000, which deals with the punishment for publishing or transmitting obscene material in electronic form. The letter outlines the penalties under these laws, noting that the offenses can result in imprisonment for up to three years and fines for first-time offenders, with harsher penalties for repeat offenses. The NCW has asked the Delhi Police to promptly register a First Information Report (FIR) against the person and to arrest him at the earliest.

Vinit Bolinjkar, Head of Equity Research, Ventura Securities, says he is constructive on Shalby Hospitals and thinks the stock can touch Rs 500 in the next couple of years. The second stock he likes is NTPC and says the NTPC green IPO should lead to a significant re-rating of the stock. He also expects a 50% upside on Senco Gold. He is also gung-ho on Wockhardt where he expects outsized disproportionate returns given that the company is coming out with a new molecule which, once it goes into commercial production, may see the stock double. Now that TCS has kick-started the earning season, what do you make of this quarter that has gone by? We did have some headwinds coming by. There was a heatwave, elections and so lots were happening in this quarter. Give us a generic view and also your specific view on what IT companies are expected to do and how their numbers are expected to look given TCS has come out with a stellar set of numbers. Vinit Bolinjkar: TCS and Tata Elxsi numbers are slightly lower than those reported in the previous quarters, but the growth trajectory that both the companies have guided for is resoundingly strong and the pipeline also seems to be improving and getting better.

«The CJI bench was convinced of the fact that paper has been leaked...They want to determine to what extent the paper has been leaked. They have asked for the timeline related to; when is the paper prepared? Which committee prepared it? How is a paper prepared in two sets? How is paper circulated to centres? They wanted to see the chain of custody of the paper to determine the time of the paper leak,» Pandey said. «The court wants to determine whether it (paper leak) was a systematic failure or whether it happened due to the malpractices of some individuals,» he added.

Get on up folks, it’s (political) party time America.

Bitcoin is fighting to stay above $54,000 while altcoins have bled considerably in the last week (>15%). Indicators point to an oversold territory for key assets – is the market going to find its local bottom soon? Traders point to a BTC bounce of $52,000 in the upcoming week. If so, this is about the right time to average into some crypto assets for the upcoming year.

electrolyser manufacturing under the production-linked incentive (PLI) scheme, have conveyed to the government that they will be able to commission their units by next year, ahead of the 2026 deadline, said people aware of the development. This will be a boost to India's green ambitions as electrolysers are essential for green hydrogen production. John Cockerill Greenko Hydrogen, L&T Electrolysers, Reliance Electrolyser Manufacturing and Adani New Industries see their manufacturing units ready by 2025.

Sunita Williams and Butch Wilmore onboard explode? This question popped up after NASA praised the aerospace company for getting them there in one piece and not getting them exploded. The US space agency has praised Boeing as the astronauts who hitched a ride to the ISS on the capsule will be able to stay there for as long as it takes Boeing to fix the problems.

MUMBAI , NEW DELHI : Mumbai/New Delhi: The market for voluntary carbon trading is picking up in India, even before the planned rollout of an official mechanism to speed up the decarbonization journey. However, an abundance of carbon certificates due to the flurry of renewable energy projects has dampened their prices, experts said. At the heart of this market are international renewable energy certificates (I-REC) accrued by the country’s fast-growing clean energy sector.

The second round of the high-stakes legislative election on Sunday will almost certainly impact how much say France's president has in the fields of defense and foreign affairs

Molly Shannon has joined the cast of ‘Balls Up,’ an action comedy directed by Peter Farrelly for Amazon MGM Studios and Skydance. She will star alongside Mark Wahlberg and Paul Walter Hauser.