UPS Financial News

ICICI Lombard General Insurance Company Ltd. gained 1.53 per cent to Rs 1836.65 at 10:20AM (IST) in Wednesday's trade. The stock has hit a high of Rs 1860.65 and low of Rs 1827.45 so far during the session. The stock had closed at Rs 1808.8 in the previous session. The counter has had a total traded volume of 18314 shares so far with a value of Rs 3.37 crore on the NSE. It traded at a price-to-earnings multiple of 47.07 and a price-to-book ratio of 6.8.

Republican officials in Montana are pressing the state Supreme Court to overturn a landmark climate ruling in a lawsuit brought by young environmentalists

India on Thursday made a big push to connect South Asia with SE Asia through The Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) with Foreign Minister S Jaishankar hosting his counterparts from the group's member states, including Myanmar, and exploring possibility of expanding the group to include three SE Asian states that have Bay of Bengal linkages. In his opening remarks at the BIMSTEC Foreign Ministers' Retreat Jaishankar called upon the BIMSTEC countries to come up with own solutions which becomes even more imperative given the current global and regional scenario. «The BIMSTEC Charter, for a start, has come into effect from May 20 this year. The global and regional developments also make it imperative that we find more solutions amongst ourselves.»

Domestic benchmark index NSE Nifty ended 112.66 points up at 24433.2, while the BSE Sensex closed 391.26 points up at 80351.64.

Bitcoin miner TeraWulf announced Monday that it paid off its remaining debt early. This move aims to boost the company’s flexibility to meet rising demand for energy infrastructure, including applications such as powering generative AI technology.

DLF Ltd. gained 0.51 per cent to Rs 835.1 in Wednesday's trade as of 01:45PM (IST). The stock hit a high price of Rs 837.4 and low of Rs 828.0 during the session. The return on equity (ROE) for the stock stood at 6.91 per cent. Traded volume on the counter stood at 01:45PM shares and turnover at Rs 5.2 crore around that time. The stock of DLF Ltd. quoted a 52-week high price of Rs 967.0 and 52-week low prices of Rs 461.55, respectively.

Eli Lilly has yet to get the nod from India's drug regulator for selling its blockbuster drug Tirzepatide in the country for weight loss, said the American pharmaceutical firm. «The apex drug regulator's subject expert committee (SEC) has so far given a go-ahead for its import and marketing for diabetes and not for weight loss,» Elli Lilly told ET, adding that the «obesity» indication is undergoing review by the Central Drugs Standard Control Organisation (CDSCO). The drug is marketed under the brand name Mounjaro for type 2 diabetes treatment and as Zepbound for weight loss, in the US. Mounjaro has been available in the US since 2022 while Zepbound was approved by the US FDA in November 2023. The company said it has yet to firm up the schedule for launching the drug in India.

Marvel's Agatha All Along. This series is a WandaVision spinoff featuring Kathryn Hahn's character, Agatha Harkness.

GAIL (India) Ltd. traded 0.82 per cent down at Rs 227.05 on Wednesday at around 12:07PM (IST), while the benchmark BSE Sensex declined 563.46 points to 79788.18. As many as 398,977 shares changed hands on the counter with a total value of Rs 9.02 crore.

Indian lawyers and activists are urging Prime Minister Narendra Modi's government to put on hold three sets of new criminal laws, arguing they will increase litigation in an already overburdened justice system and give excessive powers to police. India this month replaced its criminal justice system — the Indian Penal Code of 1860, the 1973 Code of Criminal Procedure and the Indian Evidence Act of 1872 — with new laws. The new laws, in force since July 1, expand police powers on pre-trial detention of an accused and introduce the death penalty for gang-rape of women aged under 18, among other provisions. They also mandate judges to issue written rulings within 45 days after a trial ends and for charges to be framed within 60 days of the first court hearing in a case.

With the Brett (BRETT) price failing to reach its early June peak, some holders are experiencing anxiety, leading some to explore a new AI crypto meme coin that has already raised $6.9 million in its presale.

Adani Power Ltd. traded at Rs 715.7 on BSE at 12:43PM (IST) on Thursday, up 0.09 per cent from previous close. The scrip quoted a 52-week low price of Rs 235.7 and a high of Rs 896.75.

NEW DELHI: Opening a bank account is a cakewalk for most of us. Bank executives happily come to our doorsteps for the paperwork. However, it is not the same for parents of specially abled children.

OfBusiness posted a 25.7% rise in operating revenue to Rs 19,296.27 crore for the financial year ended March 31, 2024. The company’s consolidated net profit also increased by 30% to Rs 602.97 crore from Rs 463.25 crore a year ago. Total expenses grew to Rs 18,695.75 crore in FY24 from Rs 15,037.46 crore a year ago. A significant amount of the expenditure was attributed to the purchase of stock-in-trade amounting to Rs 13,339.64 crore. The cost of materials consumed increased to Rs 3,595.39 crore from Rs 2,719.67 crore in FY23.

Gresham Fernandes, chef-partner, Bandra Born, Mumbai T he 43-year-old Fernandes has always had avant-garde ideas—be it the Smoke House Room in Delhi, which was inspired by the organic, fluid network of fungal threads or mycelium, or the recently shuttered Salt Water Cafe, Mumbai, where European dishes met local produce. And now at Bandra Born, Fernandes celebrates the neighbourhood in which he spent his childhood, and where he learnt to celebrate fine music alongside great food. “My grandmother had five kids, and several of my uncles worked on ships as pursers.

Rent inflation remains a pressure point for small businesses

Reasons to buyReasons to avoidThe Bergmann Typhoon Tyre Inflator in Blue is a reliable and durable option for inflating tires. Its sturdy construction ensures long-lasting performance, while the compact size makes it easy to carry and use.

Bajaj Auto with a target price of Rs 10850. The current market price of Bajaj Auto Ltd. is Rs 9584. Bajaj Auto Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 267140.13 Crore) operating in Auto sector.

Investing.com-- Oil prices steadied in Asian trade on Tuesday as markets watched for the potential impact of tropical storm Beryl on U.S. oil production, while ongoing ceasefire talks between Israel and Hamas remained in focus.

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Karnataka BJP president BY Vijayendra, leader of opposition R Ashoka, and several party workers were detained by the police on Wednesday as they tried to lay seige to chief minister Siddaramaiah's home in Bengaluru to a protest to protest the alleged Valmiki Development Corporation scam and the recent fuel and milk price hike. The leaders also demanded a CBI inquiry and the CM's resignation in connection with alleged irregularities in Mysuru Urban Development Authority (MUDA). “We will continue our demonstrations. In the next stage, we will protest inside the Houses of the state legislature until the cases are handed over to the CBI. The CM should resign,” Ashoka said after the protest. The BJP, he added, wanted the contentious allocation of sites to be cancelled immediately. “More than 86,000 people have applied to MUDA for sites. They did not get them. They are still waiting for sites. But the CM was allotted a site in a jiffy,” he said. The government, Vijayendra alleged, was protecting MUDA officials by just transferring, not suspending, them. “They are trying to cover up corruption. We will protest across the state,” he added.