UPS Financial News

Dabur India and Marico climbed 4% and 6.5% to their respective day’s highs of Rs 633 and Rs 655 on BSE after the companies posted their Q1FY25 updates. Here are the company-wise Q1 updates:

New cruise ships don’t exactly go up overnight. That makes Disney’s timing all the more fortuitous. Walt Disney Co.

The global oil market has been roiled over the last several years. The demand shock during the pandemic, gradually evolving demand dynamics due to the electric vehicle (EV) transition, disruption of tanker movements following the Israel-Hamas war and economic sanctions against Russia, in interaction with supply responses to these events, have impacted international oil prices, trade flows and investments. Emerging clean energy technologies and more widespread efficiency policies and techniques are combining to slow down growth in oil demand.

IT outsourcing firms including Tata Consultancy Services Ltd. and HCL Technologies Ltd. will reveal how the much-awaited recovery is shaping up. With US and European companies remain weary of spending on new projects, TCS and HCL have clung to outsourcing projects aimed at offering cost savings. TCS results next week should show revenue growth picked up sequentially in the April-June quarter, consensus estimates show.

Higher commodity prices and the rise of electric vehicles made the mining sector the star of the show for Bay Street’s dealmakers in the first half of the year, with investors particularly hungry for stock and debt in companies supplying copper.

Paxful co-founder Artur Schaback pled guilty to conspiring to operate a crypto exchange platform without effective anti-money laundering policies.

SIM cards under your name can get you in trouble. You may have to pay a huge penalty if you have taken more SIM cards than what is specified by the telecom law. Violating the rule repeatedly can also land you in jail. It is important to know about the latest rules on how many SIM cards you can take and how to check them online. Read on

The Bahnsen Group founder and CIO David Bahnsen surveys the real estate market as younger homebuyers struggle with the ongoing housing crisis. 

streaming, watching the movie you missed out on, due to overpriced tickets or lack of work-life balance on your computer is no longer a fantasy! From the magnificent ‘Kalki 2898 AD’ to the spine-chilling ‘Aadujeevitham’, many exciting movies will be available for streaming soon on major OTT platforms so watch this space!

Varun Beverages Ltd. traded 0.4 per cent lower in Wednesday's session at 10:35AM (IST). The stock opened at Rs 1614.55 and has touched an intraday high and low of Rs 1628.5 and Rs 1601.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 1673.7 and a 52-week low of 785.0. About 34,731 shares changed hands on the counter so far.

The latest jobs data shows Canada’s unemployment rate continuing to rise, giving the Bank of Canada further ammunition to keep cutting interest rates, economists said.

Gold prices extended gains on Friday to their highest level in over a month following key U.S. jobs data that showed the labor market was softening, lifting expectations around a Federal Reserve interest rate cut in September. Spot gold was up 1.3% at $2,385.63 per ounce as of 2:10 p.m. (1810 GMT). Bullion is up more than 2% for the week so far.

Amazon.com said on Wednesday it would discontinue its security robot, Astro for Business, for small- and medium-sized businesses as it shifts its focus to household robots. The e-commerce giant initially launched the canine-like robot for household use in 2021. Astro for Business was launched last November for a range of customers including retail, manufacturing, health and wellness.

Mint for a new podcast series called Founder Diaries, where we take you through the entrepreneurial journeys of some of India’s most high-profile founders, and a peek into what it takes to build successful enterprises. Edited excerpts: I was the first entrepreneur from my family. Business was not seen as a very good thing to do.

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The autoclean feature eliminates the hassle of manual cleaning by using heat to liquefy and collect grease, while filterless designs prevent clogging and ensure consistent airflow. Motion sensors allow for touchless operation, maintaining hygiene and ease of use, especially when hands are greasy from cooking. These chimneys not only improve air quality by efficiently removing smoke and odours but also elevate the cooking experience with their sleek designs and energy-efficient functionalities, making them the best choice for any modern kitchen.

record 31.8% of Japanese stocks as of end-March, an industry survey showed on Tuesday, as a joint push by the Tokyo Stock Exchange and government for better corporate governance boosted the market's allure. The proportion rose from 30.1% a year earlier, and was the most since the Japan Exchange Group, which runs the Tokyo bourse, began conducting the survey in 1970.

Trent Ltd. gained 0.94 per cent to Rs 5618.4 in Thursday's trade as of 10:30AM (IST). It hit a high of Rs 5664.85 and low of Rs 5550.0 during the session. The stock quoted a 52-week high price of Rs 5664.85 and a low of Rs 1657.25. The return on equity for the stock stood at 36.55 per cent. About 9,658 shares have changed hands on the counter so far.

Joe Biden could make a decision within days whether to remain a candidate for reelection, said Hawaii's governor who participated in a recent meeting with Biden and other Democratic governors and whose family has known the president for years. And if Biden decides not to run, Hawaii Gov. Josh Green told The Associated Press on Saturday that he believes the president will designate Vice President Kamala Harris to replace him on the ticket. «I think the president stays in this race unless he feels that it is not winnable, or he feels that he has to hear other voices in his inner circle that he shouldn't run,» Green said. «If the president felt that he wasn't up to it and truly not up to it, he would step down.» «We'll probably know in the next couple of days how the president feels about all this,» he said.

‘Minor Detail’: A group show interprets the meaning of home She goes on to describe how Paniker’s pedagogy opened avenues for technical and creative explorations that became a hallmark of the school, contributing towards the development of the art movement in Madras (now Chennai). Though the movement was named after the city, its fabric was determined by artists coming in from the four southern states—Tamil Nadu, Kerala, Andhra Pradesh and Karnataka that made up the erstwhile Madras Presidency—thus bringing in different approaches and visual vocabularies.

Tata Play has ramped up its overseas play for white label solution it offers to global OTT aggregators following the latest collaboration with Akash Digital TV in Bangladesh. Under the collaboartion, Akash Digital TV will get to use Tata Play Binge's Cloud technology that seeks to simplify accessing content by bringing together shows and movies from various OTT channels onto one screen, through a single app and subscription. This unified interface helps OTT aggregators worldwide to focus on forming content partnerships and gaining subscribers. Harit Nagpal, managing director and CEO of Tata Play, said the collaboration with Akash Digital TV is a pivotal moment in their journey where international content delivery companies would benefit from Tata Play's tried technology to create localised offerings for consumers at a low cost and within a short time frame.