UPS Financial News

India has the world's largest feature film industry. Yet, the state of its independent, especially documentary, filmmaking is not so rosy. It certainly doesn't lack talent.

Emmanuel Macron's policies if it wins historic polls that could propel the far right to major gains in parliament. Far-right figurehead Marine Le Pen, also making a pitch to voters, pledged a «national unity government» if her party takes power in the snap legislative elections.

Automobile retailers' apex body FADA on Friday voiced its concern on the high inventory level and said it is planning to take up the matter with the Society of Indian Automobile Manufacturers (SIAM). At the third edition of the Finance and Insurance Summit 2024 here, Federation of Automobile Dealers' Association (FADA) President Manish Singhania also demanded continuity in the FAME-3 policy and in infra push. Singhania said in 2018-19 was a very bad year for the automobile dealers in the country when 280-odd dealerships had gone out of business, and FADA does not want that to happen again. «We are cautious about the inventory levels because anything above 30 days starts hitting the dealerships. We follow a cycle where the dealer takes funds from banks, which are paid back with interest in 60 days.

Prashant Kishor on Friday charged Bihar Chief Minister Nitish Kumar with having «touched the feet» of Prime Minister Narendra Modi to ensure his own continuance in power. Kishor, who has been running the 'Jan Suraaj' campaign, was addressing a public meeting in Bhagalpur. «People ask me why I am now criticising Nitish Kumar, having worked with him in the past. He was a different man back then. His conscience had not been put up for sale,» said Kishor, who had managed the JD(U) president's election campaign in 2015 and formally joined the party two years later. «The leader of a state is the pride of its people. But Nitish Kumar brought shame to Bihar when he touched the feet of Modi,» he alleged, referring to the NDA meeting in Delhi last week.

Badrinath and Kedarnath dhams received rainfall on Friday, but pilgrim activities remained robust. While clouds remained in Gangotri and Yamunotri, the weather has deteriorated and there is light drizzle. Despite the weather, over 22 lakh pilgrims have visited the four Dhams of Uttarakhand so far this season.

Stocks that are trading heavily or have substantial price changes on Friday: RH, MSC Industrial fall; Adobe, Progressive rise

Orange juice prices have always been volatile and highly dependent on the weather

OpenAI has appointed a former top U_S_ cyberwarrior and intelligence official to its board of directors, saying he will help protect the ChatGPT maker from “increasingly sophisticated bad actors.”

California has become a leader in curbing methane emissions from dairy farms, a major source of the greenhouse gas

The World Bank has approved a $2.25 billion loan for Nigeria to shore up revenue and back economic reforms that have contributed to the worst cost-of-living crisis in many years for Africa’s most populous country

Federal officials are investigating how parts made with titanium sold with falsified documentation wound up in Boeing and Airbus passenger jets

When Blackstone Inc. put a portfolio of student dorms up for sale, it worked behind the scenes to make the deal even more attractive.

Infosys Q1 Results: India's second-largest software services major will hold its board meeting on July 18 to consider and approve its April-June quarter results of the current fiscal (Q1FY25). The financial results of the June quarter will be presented to the Infosys' Board of Directors on July 18, 2024 for their approval.In a regulatory filing to the stock exchanges, Infosys said, ‘’The Board of Directors of the Company will be held on Wednesday and Thursday, July 17 and 18, 2024 inter alia to:--Approve and take on record the audited consolidated financial results of the company and its subsidiaries as per Indian Accounting Standards (INDAS) for the quarter ending June 30, 2024;--Approve and take on record the audited standalone financial results of the company as per INDAS for the quarter ending June 30, 2024; and--Approve and take on record the audited financial statements of the company and its subsidiaries as per INDAS and IFRS for the quarter ending June 30, 2024.'' On April 18, the Sahil Parekh-led tech giant reported a rise of 30 per cent in net profit at ₹7,975 crore in the January-March quarter of FY24, compared to ₹6,134 crore in the year-ago period.

₹38,000 across selected variants (via HT Auto). The base model of the MG Astor remains priced at ₹9.98 lakh (ex-showroom), maintaining its competitive edge in the market.

Supreme Court on Friday stayed the National Company Law Appellate Tribunal’s order that initiated insolvency proceedings against Uttar Pradesh government-owned Purvanchal Vidyut Vitran Nigam. A vacation Bench of Justice Sanjay Kumar and Justice Augustine George Masish also issued a notice to its operational creditor S.R.V. Techno Engineering and posted the matter for further hearing on July 26. S.R.V. Techno Engineering had in 2019 moved the National Company Law Tribunal, Allahabad bench, seeking to initiate insolvency proceedings against Purvanchal for failing to pay debt of Rs 4.43 crore including interest. Thereafter, S.R.V also filed arbitration proceedings against the UP firm Nigam in 2022 where an arbitrator awarded Rs 1.73 crore to it in 2023.

Are they still together? Or calling it quits? That’s the question that has been on the minds of Hardik Pandya fans ever since rumours of a divorce between the ace cricketer and his Serbian wife Natasa Stankovic became commonplace online. While the model-actress made fans feel a bit reassured as she uploaded pictures of her wedding pictures with Pandya on Instagram. However, some of her more recent cryptic posts have again set tongues wagging about their marriage.

HDFC Bank vs Axis Bank: Leading private lenders HDFC Bank and Axis Bank received bullish-to-neutral ratings from domestic brokerage firms after declaring their January-March quarter results for fiscal 2023-24 (Q4FY24). According to BSE data, HDFC Bank currently commands the top spot as India's largest banking major by market cap, followed by Axis Bank at the third rank.The Nifty Bank index settled 0.31 per cent higher at 50,002 on Friday, June 14 after the benchmark Nifty 50 index touched a record high of 23,481 level in the last 30 minutes of today's trading session.

With inflation having driven up costs for registered investment advisors in the past year, finding things that have actually become less expensive is always welcome.

Tata Motors in terms of market capitalisation (mcap) earlier today. M&M shares hit three per cent upper circuit at a fresh 52-week high on the robust momentum.

Understanding Air Coolers: Desert Coolers: These big guys are designed for large rooms or open spaces. They have large water tanks and powerful fans, making them ideal for battling intense heat.Personal Coolers: These compact and portable options are perfect for individual use at your desk, bedside, or wherever you need a personal cooling zone.Tower Coolers: These sleek and vertical coolers often feature multiple speed settings and oscillation for optimal airflow distribution. They're a great choice for medium-sized rooms.

Tesla shareholders voted Thursday to restore CEO Elon Musk’s record US$44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of confidence in his leadership of the electric vehicle maker.